Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1862-06-05

Ing to eNtOTt from lAe CON p'aihd"' 'S'N'''N'
for come of their Indebtedness 10 il, or irom a
sale of some of the property, large sum Of.
money for the purpose OF apply The same
TO the pa ymen Of their pretended commissions,
as Trustees, 10 which they were in no manner
entitled advertised tor sale in the DcWOcrdtei
AHegGHian, a newspaper publ shed IN AIIe-
ganv County, Il valuable portion OF the rear
estate of complainant, to wit: rant Of tract
of land called Commercial Mart, lying la
the county aforesaid, on which is erected the
valuable coal shipping wharf OF complainant,to
be sold 10y them, as said Trustees On Tuesday,
November lSt 1859, on terms TO he made
known on day of sale; said Trustees being
then, and for long time anterior to and since
October Sth, 1859, aware that said complainant
was able and ready at all times to pay and
satisfy all claims secured by said deed of trust;
and that the complainant has been fer the
same period DESTROYS TO account with them
and every of them, and to settle the samci and
that said Trustees have rendered no account
TO complainant showing anything due them,
or any OF them, ON any account whatever; and
also that no indebtedness scared, or protested
to be secured by said deed, justly due from
complainant, remains unsettled and unSntis-
fed.
The Bill further states, that said attempt thus
made to interfere with comPlNiuunt's property
is Il wlful abuse of the power which might
have been O therwise lawfully exercised hy suid
Trustees if the same had been required for the
payment of any just debt secured 10y said deed.
That complainant is entitled TO Il rcconvey-
ance of said property from said Trustees with
out any commissions or compensation to them !;
that all expenses, Of which complainant had
ever been advised, which we're incurred By
said Sherman, Mehailey and Bloodgood, or
any one Of, or any two Of them, in the service
tor t. eft in anu
pacity whatever, mad been paid by it.
The Bill further states, that an entry had
been made in compliments books, by the di-
rcctlon Of said Sherman and Mehahey, dated
March goth, 1853, of $500, as paid sherman
in full of all claims against the complainant.
of every kind; aud subsequent to said entry
about October |, 1858, Sherman admitted him
self indebted to the complainant in the sum
of Sl,GS7, on an account, noar.y all of which
was for monies of complainant unlawlully
used in Shcrman's business at Alexandria in
1855 and 1857 by direction Of said Mehaney,
Bloodgood and himself. The bill also states,
| that at date Of deed of trust, actual outstand-
ing debts Of complainant, provided for in it,
! did not exceed much, if at all, $2cO goo: hut
| n small part of which was paid, until paid by
| stockholders, under the act Of January session
1858 chnpter 252, authorisng the conversion
of portion of the stock of complainant into
preferred stock. And all debts paid otherwise
secured by said deed, were paid by complain
amt itself and all conversions Of its assets
into money, were made by complainant itself
and not by or uh'cr authority o. Tue trustees
ana all SAL" ueGts "vro p"l" "i'no"t ,"e lhIer
vcnuon oil sara IfuStccS. dh"C S"'o ue'u o
trust was cohtflve" ny sal" trustees nctihE II
concert Wlth-sech othtr, d" h'N'iS u coh''i
uing their control of the Company's propcrt!
and business, us s"'hst i'S. cre"'toIS' ""u pro
tectlnS them IN inc ENJOY mint VI ."o'r ir"uu
uIcht advantages an" WIS never l"''""o" |
be executed, 0ot used as PFCtecIioH anu cove
against creators ana sto'Nh'IuerF' Oh lhel
breaches OF trust ana announcement; ina
when sad dee" was m""e' salN trustees "er
all oihrers OF S"lu company ANA curing u
time they cialm 10 nave acte' az trustees a.
acts done oy tH'in aoont inc business OF III
company wa III ',elr "P"t'y as 'h'eorSj"h
mat they "ntaihel possession OF "oh'y, an
Palu theluSe,ro S ""I '"E nv "hole lti.ou Ia \
Salaf'es rs Gi'c''S' ~ " S,'",'I t''T I'M. '"'
thew had acted under said deed As Trustees
and Iarocr than thcy were entitled to MS of
Grors-thnt said deed was n fraud ON creditor
, and on complainant, coucocted by these Trus
toes. and thcy can claim nothing undcrit Th
nm also states, that MebaGey. Bloodgood an
sherman are all non-rc-ilemts Of Maryland
= thoi the two former, us complainant is advise
: ond believes. areinsolvcnt and sherman Dol
,ossol Of littls pecuniarv responsibility: III;
roch and all Of them are largely indebted UNI
! nn,,nI,inort for monies taken and uscd unIay