Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1869-04-14

oughly proven ia other cities, and one Of
which houses Mr.. II. G. Norris fully ex-
amined at Covington, KY, previous to
his coming here. he came in response
to proposition made by D. Cunningham
4 Co. to him, through his brother. @. Z.
Norris, Esq, viz: that he, II. G. Norris,
should put into the business $50, 600 IN
cash, against our house, patentrights, aud
machinery. On his arrival here the pro-
gram me was changed by Mr., &. P. Norris,
and it was decided that charter shoald
be applied for, joint stock company
formed with capital Of $50, 1000. fifty per
cent. of which was to be paid in before
commencing business; the Messrs. Nor
ris to subscribe to $4,000 of the stock,
ID. Cunningham Il Co. $4,000; the
Messrs. Norris TO pay in City per
cent of their subscription in cash
(sl5,0O0); d. Cunningham & Co. to
I-pay in theirs, with properiy as above
specified valued at $40. 900, making in all
$50. 900, the amount required TO be paid
in by the terms of the charter before
business could be commenced. In due
time, or rather in the course OF two
months, our charter passed the Legisla-
ture and became law; all of which
time Mr.. Fl. G. Norris wsr spending in
investigating the merits of the proposed
business.
A meeting of the stockholders was
called at the rooms Of the First Nationa!
Bank, the Memphis Preserving Company
organized, the subscriptions made aud
accepted, and c. P. Norris elected Preti-
dent, and Ii. c. Norris Secretary and
Treasurer, the records Of which are in
my possession and ready for the inspec-
ton of any one who doubts this asser-
ton. 1t having been decided to handle
beer and ale in connection with our other
business, car load was ordered and
business commenced in this line. The
business had been in operation just absut
six weeks, after which time no goods
were bought when Mr. Fl. @. Norris stated
to the undersigned that in consequence
of his health he would be obliged to with
draw, and assured the writer that he was
very sorry, for he was satisfied that the
business would be a very profitable one.
When questioned as to how be proposed
to withdraw, his answer was, take out
what money / hare put in" When in
formed that the only way he could with
draw was to sell his stock or appoint
another party to take his position as Sec
rotary and Treasurer, he decided to
await the arrival of his brother, who was
then in Cincinnati. On the return of
the latter, the writer had an interview
with him, when a similar conversation
ensued as above, viz: That be &c. p.
Norris) advised his brother to take out
what money he had put in, and give us
back our house and property. On being
informed that the only way he could get
out OF joint stock company was to sell
his stock, the programme was suddenly
changed. and they decided to sell their
stock. From that time (about the LIST of
March, until the I'd day of April, 81. G.
Norris was endeavoring to sell his stock,
and Offering it at fifty cents on the dol
ar-to use his own language, at just
what it cost him" One week previous to
the I'd of April he admitted to two of the
Directors, that there was about $4,000
in his hands as Treasurer OF the Com
pany. On the I'd of April he abandoned
the business, having taken the moneys
and books of the concern, and notifying
parties that he was no longer connected
with the Memphis Preserving Company,
and would not pay its bills.
DICKSON CUNNINGHAM
Sworn to and subscribed before me,
Justice of the Peace for Shelby county,
Tennessee, this l4'h day of April, 1869.
j. I. ELLIOTT, j. p.
In the ABOVE there is not a single
statement that c. p or Il. G. Norris will
have the hardihood to deny, for it can be
proven by undoubted testimony; but the
public will observe that they studiously
ignore the above facts in their joint card
Of yesterday. Mr.. H. c. Norris says he
put in just $4,000. Well, this is the first
time the writer has heard this. He says
the horses and wagons and other prop
erty bought with his money are still in
my possession. Well, it is true they are,
but they were bought with the money of
the Memphis Preserving Company. Does
any one suppose that the Messrs. Norris
are SO generous that they would make
me present Of horses, wagons and other
property just because they loved me ?
Gentlemen, you know why the property
is in my possession. 1t belongs to the
Memphis Preserving Company, as char
tered by the State of Tennessee. Why
don't you take it2 Oh, gentlemen,
didn't it strike you, when you were writ
Tag that, that the public would think
there was something rotten in the
State of Denmark ?"
He says he used part of the $4,000 in
paying off the debts of the concern, and
c. p. Norris says it is true. This is so
werded that the public mightinfer that
he had paid off old debts incurred by the
firm previous to bis connection with the
Memphis Preserving Company. / chal-
lenge him to show where he paid one
dollar; but G. P. Norris says it is true
de says be paid my salary. So be did
until the lime be TOOK all he could get
and left; and suppose be paid himself,
tco, for he was under salary. He says
he yas forced to make the statement in
yesterdsys paper, and his brother says
il is true. Well, | am glad you came
ont. gentlemen, for | was determed to
smoke Won out if it took all summer.
BE says he won'treply. Well, | shouldn't
think be would. He says be can clearly
establish the falsity of every charge and
allegation made. Well, the facts con-
tsirsd in the above can be proven BY at
least three s!tnls.es He says this is
private business, In which the public are
in DO way interested, aud c. P. Norris
saws it is true. Well, shouldn't won
dr. gentlemen, If you felt DESTROYS of
tsenipg it from the public; but
sllov ma 10 say that / think
Ibis ia matter 10 which the pub
lie ought to be very much Interested;
Auy Institution that has for its object
ostahIisLuont of manufacturing in