The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-07-11

,,;.,, Furulce directors held q
y, =, Il. work, !e.tsrdAy and made
''..i, ..,i,,s.s, Of all their personally to
s.,.,, : - 4. D,.n for the benefit OF their
.a.a.'s,,, .'Ss Tni, psnonAl'y consists Of a
a''. ".t ,soun. Of iros and other na'etial, Il,
-, = ,Ir .rsop., horses, tools, DC The
l',..,.., :, - ,hovsd s9:5,OOo Indebtedness.
- ~. .,sisll I..s,u to within 81 800 OF
=, !, :, ,-,oo, These DOainAl as'ett' con-
- ', Il Il, eo.. price for the tEo furnaces.
s,.s.st ", bose., coal shalt &e'' all Of o.
~ Il sou,.e have cost great deal ot
80, ,Da AZ. represented on the books
:. r',. AZ, oo.,, bat ar. really worth very
-. y. ,,-I,y. The supposed present
,,i.,ol Il. l...tp SlIl Leave an excess Ot
G,siitj., 0! ly :?OO,OOO. The liabIli-
=, ,,,ra Of $3.50 6rst mortgages
s,s,o % ,,oool,, and :l55,OOO Of aOsting
~ n.tins ss35OOO. The largest
...3i,o, /. u. irn OF Simick & Co,
Sr,ssrsb, p1. $4,000. D. Mes.Fy q
r, 4 &. Co,I Aad Coke Works at steu'
Ie,iII.. II. .,o creditor. to the extent
i sa. $500.
no III. value oi the stock liability,
svtuy.. Al unknown quantity. 1t is
n,ps.i ssn ali the solvent ''OckhOld-
y -, I'D protect themselves by buying up
dun, i.l!p.i tie Company, and a. these
49,, II, nuu.rOu,, according to yes
wily, rbOying, i!i,Prssuned that they
,al !. bought At considerable OF dis
s,s, TIE llls Of the resI!y will take
J,a. ys.u it occurs, under a decree Of
s;r., u il The llE Of Ohio, and at the
islSa, it il supposed, Of those fret
-xslr boOdhOIdsn whose bonds were
tnUsbst Dot paid Last March. Whether
b. roerty will .eII for the amount OF
4. Int mortgages ia at least doubtful.
Yi.A EiIl depend on the iron out.
b,t Es.a i. comes 70 sale. At
i. TN. o. "t4ukiug up" tWO weeks asO
Ai &C. iataEe that Vas running was
1lEiu, % ton. Of good iron per day.
* vbOIs property, coal shalt and all,
rssd b. re,lIg very valuable il the iron
.rta va EhItii wn a few years ago.
Issal however, BY yesterdays state
Eat 10 have lO4. money straight along
xRrIl ysln past, say from twenty to
Tssty.irs thousand dollars per year.
hlsi5 The mortgages were first issued,
nd uGs largely taken BY the stock
Ldd.n With 4 view CT paying of the
:'atirI debt and providing a working
aFit,l. TIE debt st thatrime was stated
nslSl000, lnd the mortgages (frs,. and
sessdil 10 the extent Of Sl4S0O0 were
EA. AIlrElrd,, some $4,000 more
nu nd. From time to time drawings
sl', taken place and portions Of the
In; mortgages have been paid Of,
hi IlEI!i, ~ 1t would seem,
TiAo1t reducing the debt. The
aSku al Ih. time grOEu. Itis said to
sir' irsFslssd since April last from
EIItQ0 up 70 it, Pre'sut dimensions oi
!s5OOQ. We have no details as to how
tn occurred and there may be some
sl!its about it. There il much talk
I'd criticism iaolI among .tockholder,
F''iHg out Of their great di,.ppoint-
s''i over what b" ben developed, but
wits impossible IS ys: to separate the
E'i' from the chat We prefer not .c
i'N 10! expressions on the subject,
Ist directors Of the MinEo Works are
\ ", Bart President wm. Dean, vice
g'aidsHt Geo, Lipeb, Joseph Graves, D
X'1g, jane. Roberts, lud D. J. Mur.
ny IS0s ShO are interested in devel,
'pR' further particular. than We have
F'1 e'a Inquire personally Of thes.
nsd.a,s.