New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-03-17
CHARGES or IMMENSE MINING FEIrDS.

TnE UNION Consolidate mNISG COMPANY OF
TENNESSEE ACCUSES IT, SUPERINTENDENT AND
orIu.Us OF DErEAUUING n ouG or pl2'1,Ooo'
A suit has been brought in the Supreme
Court 81 this state boy the Union Consolidated Mining
,orrpauy of Tennessee .ant Julius T. Baht il. former
superintendent charging him with de!raudmG the Noui
uuy IN the cour-e OF ten wears ont 81 l,27JOOO. and
raru- his brother Charles EJhi the former Sccr tart
and John Thomas. who President until last NoYom-
rr with ,ounlync at and aiding In the frauds OF the
u,-tugWei defendant. The method ~ the alleged
fraud. il asserted 10 have been through what
be- known In England and to some extent IN TINS
country the store system" by which claims are pad
FROM the Company store IN merchandise instead OF CASH
Tia. complaint OF the Company, prepared by Simon
seruc set, forth the organization OF The Company In
i-jl uudcra tennessee -latu!c that IL main business
Office f. no N, York, aul uat Il owns II valuable mines
iu and near Duckcvu. I, mo- from which iu the latt
ten wear. has taken copper on the sale oI when ms
realized .. 5000 Most Of this amount has been seut
toJuus T. Ealt Tor the expenses 81 the mine he having
been since ISIS the General superintendent ard Agent
IA Tennessee. In June, 1866, John lhoma' became
President of the Company, and, With Que years interval
continued to hold thai ohcc until November last
part Of I'm, duty was TO keep the directors informed OF
the condition ~ the business and 10 visit the mines e"
rec that they were properly managed from l7o' 10
I--2 Charlie, Eaht secretary OF the company.
julius T. Raht tur principal defendant had -uaIS %
obtained leave itUuI the company /" nv
..urr at h- Land oi the Company Tor '' 'uPPS
of the miners aud wOIhmou AZ reasonable rates
80. u.u, 4, admitted by the answer. Tho charges Of
the COMPLAINT which are denied thar Eaht r'pre
.rai to the Company tutt his average profit through
t. store bu.uo.. WIS about 10 per cent amounting to
$1,000 or 1000 year; that IN TACT ms pr"n' were
o per cent and upward and the store W., used 10y HIM
10 take money from the Company; that he cd'W.d lndt
he paid h ayro.Is u cash. ant received from the Com
many cash To pay the miners Amounting 10 over Loo
ono that instead 81 PAYNE the JDorers cash he made II
coruuu. r, ou al tho bOrer, aud employees 20 take from
o t. ~ per cent goods al hl, store SO that 1t yielded
him ruorruDus profits. and. when the company f'h'u
.d against the continuance of the high rate % wages
In. r,plird thar ne could reduce the rate, who ma
fa,. yern VA, In fact lowering the rate ot wages he
p.t 10, t,c excessive price. he put ON The goods DEW
ii op fius account alone plaintiffs charge Rant with
They further charge Rant with securing IN ms CohlIa
railroad 10 his his good, nee" on THIS ne pam
tlt- clam tlOU,uOo They charge Inn wan m"hlns ms
contracts or ,otl and wood with reference t' pt nt
inc paid ont OF his store ia mcrchdpldr NJ hl' 20
Hated prices, and With charging the Pi',I,''l'
the whole amount ~ caeh; on I'M. ~ ,u'S "' ~, ~
cua-, ~ l utErr supple, for the Company Ne added
term. beneficial to himself which enhanced ne COS, 10
the and thpv down their loss on TINS ground
IA, 200 900 They charge Elht with di,po.AE IN some
VA, between Juu" l. l>7i, and March le'3 OF 3o"VOo
prula of conner u orc worth $1,000 aud assert thit
when Eat first entered their service he had no money or
means except what he might earn ia ms pIote OF
uorfrd Al over - OuOOOO Thcy CHARGE that since the
IL ard Of dir ctot- summoned him 10 Nr"-n"iA 10 gNt
am account of his administration No uds pta"h suit
40 Tennessee on an alleged Iicr. $3.50.
Tie complaint demands Sl.275,oo0 damages against
the drf,udiut~ mat they be compced 10 disclose all
the facts their knowledge and give up oil papers IN
relation to RANTS dealings IN ihtir possession 30 tnhI
,raning the defendants from parting with property
julius T.. Eaht acquired through the means charged
be granted sud receiver ~ such property appointed
ON this complaint and aiiidayits attachments have
| been nrauttd l.dnrt the defendants property