Civilian & telegraph. [volume] (Cumberland, Md.) 1859-1875, 1862-06-19

AndrewM ehahey, ran
ris Bloodgood, Alien
". Sherman butheF
r. Mar H. and all or
ditors of the Cumber-
/ land Coal and Iron
Tnr,rony secured by In the Circuit Court
the deed of trust of for egany
September 30th 1851 County sitting rs
! made by said Com Court OF Equity.
pany to said Mehaf- No. 1881, Eq.
lev. Bloodgood and
S Sherman, whose
claims remain nn-
paid, and unknown
10 com plainant whe-
Their the same be re-
sdents or non-resi-
dents of the State OF
Maryland.
, fNHE object Of this suit is to procure
L u decree vacating the trusts created by
/ the deed of trust bea ring date September 30th,
1851 made by the Cumberland Coal and Iron
Company (the complainant), to Andrew
Mrhatfev. Francis Bloodgood and Allen
! sherman, Trustees directing said Trustees TO
rcconvev TO the complainant all the property
cuEvpved TO them by said deed OF trust, and
remaining nndisposrd Of; and TO account Tor
4 All monies Of complainant when nave come
/ into their hands as such Trustees or MS OIL
; emDIONpeS OIL lbe N'ihP"''''ii'i VI I''
unv other cnpacty; and, as part ct the relief
( prnycd for in the bill, pending this Sction,
{ tLatsu Injunction might he issued restraining
: suiL Mchaflev Bloodgood and sherman, their
| agents aud servants, and each and every OF
them, from disposng OF, or intermeddling
with any of the property mentioned III SAID
deed OF trust, which injunction has been
/ granted, on IL bond being hled oy complain
1 ant, and issued in this cause.
..u 40
f.. Cumberland Coal and Iron Company, and the
purposes for which such corporation was
created, and that its charter authorized the
location Of its principal office in The city of
New York
That Andrew MehaiIry accepted the Presi-
denGv of said Company, with fixed salary
of $1,000 per nnnumi, on March lSth, 1854,
and continued rs President until June T.,
1883. which salary was not increased by its
/ Ronrd of Directors during his Presidency, cI-
crpt once. when they allowed him Two thou
sand dollars additional for the year ending
. March 10Th, 1888. aud that he also acted as
Treasure from March 18Th, 1854, until May
l>t. 1888.
That on June 5rh, 1854 the Stockholders
elected Francis Bloodgood II Director, who
continued in such position until April 18Th,
1853. " hen he resigned, and was reelected on
ApriI 18th 1868 serving until June 18th, 1858,
" len he ceased 10 hold such office; that long
anterior To his first election us Director, and
uriiI january ist 1858. lie Was AN employee
OF The Company at salary OF two thousand
dollars per annun, which WAS then reduced to
sixteen hundred dollars per anuum, ny his
own consent and thni he received such re-
Gurcd SALARY urul October 23d. ls5S, when he
ceased such cmpoymcnti that such salary was
uieqrnl ard given for tie devotion OF his
" hoe tine and services 20 the inicrt SITS OF the
Company.
That Allen VI. sherman was elected III
rector OF the Company on feor"arv ZlSt
l"5j and continued TO NIL such ofhce uh'il
May Goth 1858, when lie resigned
The BIZ further states, mat tEe bylaws OF
the complainant PROVIDE TOR an Executive
Committee OF lhrc directors, c,!"'ng
heir duiies. Who ARE regular sal"ried oihcels
i,ud = ere paid tor their services uhti! January
l,l25s. md Hil cXpen. 6 incurred IN ana at on,
I ;rc tomrar vs. business ny them.
That on June -Ot", IC2n, sh'a 7"e'n"'n
Hi"oeEood, anu one .osVln iV'les "'.' - p'.V
rd SAID Committee "enaue, "s 'e"'
dcnt, " mtm"'r OF H. an" n' p'esiil"s "n.n ~
SEM nj It's mtt''hES' mn '''e! -
.n,h uMu' iIo""hoGG' 49," ,a mr'
"h. 1898, oCc"7'oneu on' ," "',' .;o,, ,o5o
ana Hhern'ahs lest u' "a? S; 100
second 'hcaNc! ~ ~ W ''aa -,
hIled up anu ai'er io',rS nso 49,: ", y, ~;