New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-13
MIR. COTTERILL MAKES TWO STATEMENTS
HE REFUSES TO TALK ABOUT THE SUGAR COM
PANY, But ANSWERS SOME SERIOUS


President cotterill. OF the Electric Sugar Refining
COMPANY yesterday gave out his promised statement
to the press Before he did so, he, his son, W. H.
Coter IT., Mr.. Robertson, the secretary OF the conf
pany, Lawson N. Fuller and Mr. Hyatt who Is ono OF
the stockholders held secret meeting in the inner
oylcs n, No co wallst At noon the following
statements, both signed by Mr.. cottorili, we're gwen
out:
After full consultation with the officers Of this COM
many stockholders In this city and representatives.
here Of the English shareholders II has been ae.er
S,s Of The Stockholders 30 give TO the press at this
time a statement such as had been con,empa'ea, VI
The history Of this company, the negotiations when
have recently pissed for the disclosure OF the process
,%c ,snlt leading TO the exposure Of tho fraud and
the steps which have been and are Dena ah he
purpose OF bringing to Justice and accountaoil@ .no
persons who have so grossly dcfrauuou INC SonP.hs
by false representation of the process Mucn o. .no
officers of the company would, Tor pegnonai roas.,
desc ,o furnish such q statement. 1t cannot for the
above reasons given at present but wil DO as soon
as It is considered expedient III INC i'efos' VI @o
With reference to the paragraph which Originally s1y
All which was reproduced In The New YORK Tribune
Of the Tth Of January last In connection WIN tno
Fsgnd sugar res sna entirely Untrue hs az
ove ved from or for account of Major Patterson
single dollar for never Sr a oea him any
apology In reference to any stock mater .u
oo ssOssl and dseampe e with is equally
and ,mtrae In explanation, desire to say that
Major pasrg T 10 sell Uu q so BR on
ascopnt Of serious domestic trouble came to New
York lie either brought an nj s bere 70 HE HE was
not nossessed OF dollar, and in that condition came
TO New-York and lived with, and was entirely DC
ss y, o same means Major Patterson was daily in
nv o,lce. and made It practically his Office. He got
tcis early in 1876 was egouating inc puion a OF
silvs mine In Utah, witt the intention OF organizing
been r6rored upon in the highest term by frst-class
N9lor Patterson. knowing this, continually ex.
pr,.s,I bs sorrow OF not having means TO invest IN
the venture Eventually he proposed TO mo that his
mother Mrs Ward, should put $4,000 In tho venture.
discouraged the idea ens h snst y was at ne
SO Continually urged Il that at length ] suggested
should bring his mother DS 70 The S Ss a,s that
mining business. This | did, and after tho fullest
expIaSatoR Mrs Ward do ermIned to invest aud
n NAV say entirely at the solicitation Of Major Pater
son. Unfortunately, the venture proved failure and
Mrs Ward in common with othels 9Ss mGs money e,
his mother as the loss was serious mater fcr her
aid what could, but nothing was saved from the
penniIess. For some time / daily gave him small
sums OF money for daily accessories. as matter Of
mere good viii. He became addicted to drinking to
such excess that was compelled 10 exclude him from
my Office, and he died a victim 10 the habit
over 100000 whom ] left New-York for England,
unfortunately, without meanss aud in this condition,
eight children in New-York I determined to go to
England and there obtain monetary assistance from
relatives and enas % ahe y s ss start Il life
receive monetary aid from others for their expenses
Of tho Journey I came again to New York, and In
sneaprosnIns business II being in effect stated IN
"The sun" paragraph that deserted my wife and
NIT tho confirmation Of my wife that ilare Is no
prctonce whatever for any such infamous suggestion.