The comet. (Johnson City, Tenn.) 1884-1916, 1890-06-26
TWO TALES.
A Sensational Rumor Followed by
the Truth.
speeIal to News and Conrierl

COLUMBIA, June 16.-The Evening
Record published the following sensa-
tional item, which is given for what it
may be WORTH
"From excellent authority it was
learned this morning that Mr., David
Risley, a citizen of Georgetown, has
Instituted a suit in the court OF Massa-
ohusetts against the Massachusetts
and Southern Construction Company
OF Boston, Mass, which has the man.
agement OF the Three O's railroad in
charge.
at appears that Mr.. Risley was the
original promoter OF the road known
now as the Three C's and owned most
of the materials OF the concern; that
he employed r. A. johnson, Of Sau-
gus, Mass, to form a syndicate and Sc.
cure the capital wherewith to build
the road. He went on to Washington
in 1884 and met Col. Johnson in com
pany with E. Howard. The latter rep
resented himself to be the agent of the
Massachusetts, and Southern Construc.
ton Company, its treasurer and di.
rector. He represented the capital as
S250,0OO, cash paid up, and gave refer
ences as to himself.
"The reference being satisfactory,
Mr.. Risley entered into an agreement
with Howard, as agent of the Con-
struction Company, on the Goth day
Of February, 1884, and by it Mr.. Ris-
ley transferred all values he possessed
connected with the road, including the
franchise, worth 100000. After the
company had secured this the agree.
ment was repudiated, and it is claimed
that Howard vas not the company's
authorized agent. Hence comes the
suit.
Eminent legal counsel are on both
sides, and the case will be tried in the
court of Massachusetts,. Gen. B. F.
Butler and D. G. Trescott, both of
Boston, have been retained for plain
tiff, while Benjamin Johnson, a son of
the manager, and Mr.. Riney will
represent the defendants.
"The addenda amounts to $2,000,-
900. The report goes that the compa-
ny had not one dollar of legally paid
up capital, and that Col. Johnson and
Howard obtained the transfer iraudu.
lently. The parties swearing to the
capital being paid in when the agree
ment was made E. Howard, Charles
Whittier, Edwin P. Metcalf and Hi
ram P. Blaisdell.
ain the suit the plaintiff claims that
the defendants comply with the terms
and conditions OF the agreement, or
that they restore the property trans
ferred them, which involves the own
ership of the franchise of the Three
C's road. 1t is also reported that the
management of the Three C's road has
failed, and that the road is now in bad
condition, but, if this is true or not, it
cannot be ascertained.
"The above facts are given as we
heard them, and, if all are true, they
will create decided sensation, for all
Southern people are interested in the
Three C's road"
THE APPLICATION OF MR.. RIsLEY.
Columbia Register June II
The following dispatch, published
in Charleston paper three days ago,
shows that the alleged news Of the suit
OF David Risley is somewhat stale and
not altogether accurate:
"BosToN, June 13.-The Supreme
Court has denied the application of
David Risley, of Georgetown, s. c., to
be allowed to increase the amount in
a suit he had brought against the
Massachusetts and Southern Con.
struction Company.
"Risley sued TO recover 100000
damages for alleged loss Of prospective
profits on a certain contract, upon
which the defendant company denies
any accountability. Risley applied
to the court for leave to increase his
demand to $1,25O,00O. After several
days consideration, the court dismiss
ed the motion as sensational"
Major j. F. Hart, of Yorkville, the
counsel for the road, was seen by a
Register reporter and pronounced the
reports circulated against the sOlvency
of the road, ETC., mistaken and mis-
leading.