, 1875-01-27

Tbs contract with Reeye is claractorizcd A. !,
great tafco. beeatiae It waa ,eoatsnet WITH
s.pt. tS"psnS snS ona n'est u tsor dolsf o" Of M
who was = bankrupt, for Tho cons,ruStin,, cons,Ia,
OF 2,U0 nIlon OF wro to cost from 9stD (hli ~
e1, 20o, 000, and wan tn fact only Rchoo to draw
Ereat sum from unaunpectiug a,,bscriLors, wIo
know nothing OF tho contract, but who woro OK.
peelcd to be- hountl by ils acsnla. drogg aay, IN
wouItl'nos liave sul,scribo had he knpwn tr,
facts. Ths complainant then makes mention ri
tho fcrwlll!fer iii! and its allegations, md lin
tlccree Of ting Supreme Court therein. In 9ul,.
auaslco OF amell docree,a meeting IF Hlockl.oldcra
waH held In January, 1Sf1, wien new by-Iaws
ware adopted, ono Of which. Htil III forco, was to
the oIlect That
aoTlcEa or EACH ANNUAL MEErisa
OF the Btncklloltlcrs should ba given for thirty
days psovions thereto, by advertisement In Al
least two daily papors IN Chicago 4 Boarl of
DIRECTORS wan thch electn,l, o,s-fialf ot whom
nre now Directora. The now Doard of
ro.tlcmen. with loavo a reference wns llad Ia
Maatcr in Chancery WHO filed Lis report recent.
~, finding balance duo Ncuye OF sji,,J ,J5sg1
Ihta report II il claimetf. IN entirely orronenus
After tho filing of lilo Terwlllger hill, tire7p
etatea, Rcoye, i'll doanco OF justice aud Tic rsL;g
Of other partIoH
WENT ny nu1IpISa
over l 600 miles OF additional lines, also collect
ing money from Stockholders to the nEno,lnt d,
a400 HGlI and issuing notes Of tic Con,nany n
sion were entered upon these uotcH 10 tia
amount of 32D, QUO. and J. c. Hilton, who Iell
aomo Of the paper, filed petition in bankruptcy
against tue Company but which was finally ds.
missed.
In 1874 Rceve, In connection with D. ", Me.
Mullen md others, united In forming tho
NORTH AMERICAN rELEaHAri COMPANY,
Of Town. bought tho cainlB OF 1sceyo to tia
lines Of tho Company in Iowa, ousted The Com.
panys officers md operators, and took pohses.
sion Ut tic offices and lines In tint Stato. i
bill was filed hgaInat ieevo and tho otl,ors aud
nftor time tho Company again obtained poesce.
Zion OF its property. Another bill wns then
filed to preveut Hilton from eYying OH the Com.
| panys property uudor his alleged fraudulent
| claims.
At,his stage Of afraire Gregg eaye
| NOTICE
was published1n tho I'oS anu Malt and Erenin4
Journal but for lesB tllnn thirty successive days,
to tho ellect that nicoting of tho stockholdess
would be held Jan. &c, 1876. for the election
Of Directors. In fartllor pursuance OF Bchomo
originating, It is alleged, with neovo, Gase, lii.
ton, Mcalullen, md otho!s,
| AN ANONYMOUS CIRCULAR
has beon iesuod to tho stockholders, warning
them that tloy arc in danger Of beng flccccd By
tioas who haze charge Of their defense, and
charging tint tue attorneys Of tho Company ars
achcminE Biiec,.lntors who nro sce1ing to rob lhs
Company. charging, also, that tic officers ara
reckless and unfalthfut, that Reeves clam il
juHt, that tho attorneys fees A!o over $4,000
the debts Of tho Company s!20U,00o, and
that tho present oIico,s aro seeking
aud should be Licked ont. Tho circula
ti,et advises tho stocklol lers to ceaBo lltigae
Hayn themselves from further assessments, and
send proxies 70 vote, to tho gentlomon aboyt
named, who will protect thair interests,
Gregg next sayH II s feared that tho officers,
overwhelmed BY the litigation, nnl !nlscl By
tho fulse statements in tho circular, will nut tak
proper steps to tcfond Tho Company's ntorests