The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-02-22
OVER THE RIVER.
READABLE LETTERS FROM BELLAIRE
AND sTEUBENvILLE.
Litigation over Iron Works in Jefferson
County, OhiO-CeIebratiOn OF Low.
ellis Birthday AI BRIIaire-RIg
Land League Meeting ever
There-Oiher Local Items.
IRONDALE IRON WORKS.
Valuable Mining Interest Crippled by
Litigation.

Valuable Mining Interest Crippled by
Litigation.
sTEUBRNVILLE, February 2l.-The case
OF the Irondale Iron Works, this county,
Is Just now exciting considerable interest.
1t comes up at the April term Of the Dis.
trict Court in this city, and it ia to be hoped
1t will then be settled, as while the matter
is In litigation lrondalO is virtually dead,
and $2,SO4 in taxes remain unpaid and
will be added to as long as the matter Is in
litigation, The property consists Of blast
furnace and rolling mill and about 500
acres Of coal land adjoining, with coal
privilege, on 200 additional acres adi joining,
on this there are four mortgage notes for
Si,OVO ZACH and two mortgage notes for
So4, WV each, These are claimed by Wm.
y. Cole, assignee Of the Empire Fire
Insurance, Company, Of Wheaton, Ills,
an insolvent corporation, and are
claimed also by Jacob Walter, ct, al, Of
Pittsburgh, who claim TO have bought
them at public auction made by George /.
Whitney, in Pittsburgh, February 2l,
1870. They were sold by Whitney through
the Fifth National Bank, OF Pittsburgh,
they having loaned about SIS 900 10 How.
el! q, Pulling, OF Chicago, taking the note
with Whitney's Endorsement as security.
Alter The maturity OF the notes, they being
unpaid, Whitney advertised them Tor sale
In Pittsburgh, but an Injunction of five
days was granted by Pittsburgh Court,
They. were again Advertised, aud an In.
junction being refused this time, they
were sold on February 2l, 1870,
TO Jacob Walter ct al. The En-,
plre Fire Insurance Company claim
that the notes were put in Pullinp's hands
for the purpose Of negotiating loan and
reporting 10 the company, and that he did
not have power 10 make the loan, Ifthis
question 10 decided In favor OF the insur.
ance company, the property will be- good
for their claim. Pulling, however claims
he owned the notes In hls own right, algo
claiming that Walter had ogreed, prior to
the sale, to buy them, and dispose Of them
to the best advantage, and after taking out
the purchase money, and expensOO, com.
pensation, &C., divide the surplus, II any,
between himsel and Pulling, This is one
Of the principal points In the case: as to
whether or not Pulling was an agent OF
tue lubuIhnCe CunphHys
The First National Bank OF Alliance,
Ohio, has been made a party defendant on
It's own motion, claiming to own 1902
shares oi the capital stock, delivered to
them by John Hunter, oil Alliance, as col.
lateral TO secure loan made to him by
the bank OF about $4,000. They set up
that one Of the mortgages for $4,000 Is
void, as 1t was given by A. ]. Coope', Of
Chicago, 10 David Morgan, of Marquette,
Michigan, for q private debt, and not o
debt Of the company. They claim the
corporation had no authority to make
such mortgage for such purpose BY
their Charter;i lin other words 1t Is Ultra tires,
Joseph Gillespie, Postmaster OF Alliance,
and editor and proprietor OF the Rerisp,
also has claim subject to tho claim Of
the First National BaIk OF Alliance. Gard.
ner & Schuyler, ot Chicago, represent the
insurance company, and their representa-.
tive is now In the city, finishing up the
dispositions and taking abstracts Of the
case. 1t Is to be hoped the CAGE will be SET
tied soon.