The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1889-08-28
FIGHTING FOR THE CHICAGO TIMES.
E1-Editor West Arrested for Issuing Fraudu-
lent Stock-Present Directors Enjoined.

CHICAGO, Aug. 9Th. j. Huiskamp,
one of the proprietors of the Times, pro-
cured warrants this afternoon for James
j. West and his secretary. Charles E.
Graham. He charges them with illegally
issuing 1000 shares of stock in the Times
Company. A constable went to Mr.. Vests
residence i n Kenwood to serve the warrant
Shortly afterward, when the board of
directors of the Times were in session in
the Times building, Mr.. West and w. A.
Patton, former director, appeared and
presented writ of injunction issued to-day
by Judge Jameson, restraining the pres
ent board of directors from acting as such.
At about the same time, Mr. Graham, MIR.
Vests private secretary, appeared. and the
constables with the warrants for their ar
rest having also put In an appearance,
Messrs. West and Graham were
taken into custody. The text of the war
rant for Vests arrest is as follows:
State of Illinois, Cook County, S.:
The complaint and information Of III. s. Huis-
kamp, of the city Of Fort Madison county of Lee,
State Of Iowa. who Is president Of the Chicago
Times Company, made before the Hon. ID. J.
OF dne o. daT tne IN e sS
ONE James ]: West, ON the 1st day of June, 1889,
he, the said James j. Wsst, being then and there
the president of the Chicago Times Company. q
corporation organized and existing under and by
virtue OF the laws OF the State Of Illinois, know
fraud the Chicago Times Company, issued, sold,
transferred and pledged, to-wit: One thousand
II .OOO) false, fraudulent and simulated certif-
Gates or shares OF the capital stock of the Chicago
Times Company, q corporation as aforesaid, and
did willfully and designedly sign, as such pres
ident with intent to issue and pledge the
same, to-wit: one thousand shares Of the said
Chicago Times Company. corporation as afore-
said. the same being in excess OF the authorized
...ff al cffDlr rNff fhx l.t.x..
corporation "a aforesaid. That this complainant
has just and reasonable grounds to believe and
does believe that the said James ]. West commit
ted said ofense and therefore prays that he may
II. ]. HUIsKAMP.
subscribed'and sworn to before me this 9th day
D. j. LYON. Justice of the Peace.
The affidavit upon which the warrant for
Secretary Graham's arrest was issued was
identical to the above.
Mr.. Joseph K. Dunlop. editor of the
Times, and a member of the board of direct
ors, when asked about the matter after
Mr.. West had left the building in company
with the constable, said: "The board
of directors were in session when Mr..
board appeared. Mr.. Patton had resigned
and his resignation had been accepted, and
he had no right there, but as n matter of
courtesy, he was admitted. Once inside
the room, he produced the injunction issued
vate secretary to Mr.. West, then tried to
force his way in, and was promptly arrested
on the charge of assisting In the issue of
fraudulent stock. You can rest assured
that the Times will remain in charge of it's
present management, and that there will be
no change. This whole thing is q rank bluff,
and it won't work"
Previous to the issuance of the warrant.
Mr.. Dunlop said>to a reporter: '.Yes. we
have come to the conclusion that Mr.. West
must be arrested. There are a dozen
charges of criminal incorporation of
funds Of the Times, on which we
can prosecute West. but that of an over
presented. Mr. West has been trying to in
jure in every way the standing of the
Times and because of this we determined
to do something radical. Mr. West has not
a cents worth Of interest in the Times, and
the only connection he has with the paper
is that his signature is required to some
papers before every thing is absolutely the
property of the Chicago Times Company.
Mr.. West has refused to sign these papers,
and has been holding off for an offer from
us. which he will not get"
"Did Mr.. West get the money for the
overissued stock which he soldT
'He did, and more, too: He sold about
mortgaged his KenwoOd residence twice
over. The money he borrowed on the sec
ond mortgage he secured from Mr.. Irwin,
and urged that the mortgage be not re-
corded. as it would injure his business
standing. We have proof that Mr.. Vests
debts are almost $50. .00O.
Justice Lyon held Mr.. West and Mr.. Gra-
ham to await the action of the grand jury,
fixing bail for each at $4,000. Mr.. II. II.
Hart, of III. II: Hart * Co.. and Mr.. Geo. III.
Taylor. signed the bonds, and the prisoners
were released.