Evening star. [volume] (Washington, D.C.) 1854-1972, 1890-10-15

! W. W. Mackall IT,, and Laura R. Green have,
by Charleton & Mackall and d. s. Mackall, filed
| bill in equity against Arthur E. Bateman and
| others for IN injunction, discovery and an
| account Tho bill states that in 1888 and 1854
Bateman and Douglas Green we're in the
banking business in this city and New York
/ and the first named kept o deposit with then,
in this city, and in January Of that year he
asked Batoman to inform him of any oppor-
tunity to invest; that Bateman wrote to him in
reference to forming a syndicate, and subse-
quently he wrote that they had purchased
block 8, Columbia Heights, and put up s13, 900.
on which they made S34.0O in a few months
and had formed another syndicate and asked il
be wanted $1,000 or $4,000. and on January 81
he wired him that he would take 81, 600, and
forwarded his check. supposing that
THE DEAL WAS COMPLETED.
He further states that he received q letter
from Bateman dated March 26, stating that the
deal had not been contaminated, but he had sue
ceeded i'll deal he had been trying to make
for two years. In this letter Bateman ac-
knovleSes the deposit of $1,000 and says:
I'VE have transferred our interests to others
We have a close syndicate of three bankers here
and three United States Senators and have pur-
chased over 200 acres of land through which
the government will now extend Massac husetts
avenue one mile long and 160 feet wide. We
get land less than two cents per foot that
Is not over three blocks to begin with from that
which Is now selling at 81 and 80. SO per foot.
We will form stock company and issue stock
at 70 cents per share. We can. think. make
1t worth Sl70 will let you have this amount
OF my share to the extent OF Sl,0GO. Please
consider this confidential" -
IAN stock to be pooled for par unless other
wise agreed upon"
The complainant states that thereafter he
learned that tho stock company
HAD NEVER BEEN ORGANIZED,
and on December 16 Bateman informed him
that the real estate was held by Washington
W. Thompson.
The bill sets out the conveyances part of
Woodley, Lucky Discovery. &C.. in the purchase
OF which he claims his $1,000 was used. and
sets forth the declaration of trust filed October
70, In which it is declared that Thompson is the
owner OF S-12, Bateman 3-l2 and Mclean liz
de charges that there were others interested
and the trust hold the lands in secret trust
Mackall states that in response to inquiries
Bateman informed HIM that the lands had in
creased from 1000 to 1900 per cent in value
and when he offered to sell his interest for
$4,000
HE WAS ADVISED TO HOLD ON.
He states that Batcman never rendered any
statement Of the costs. but he understood that
D"'SiHan SoHtriUuteu Slo,UUU, TO which Com
plalnant Mackall contributed 81 900 and Laura
Green e, 500. The bill states that on August
last, without notice to complainants, while
Bateman vas temporarily out of the county
an ins:rumentwas placed on record, paper of
october II, 1889, conveying to j. W. Thomp-
son and q. II. ID. White his fourth interest in
trust to hold II y 75ths for the use OF Belle
Bateman, 20 75ths for Harry Durand and 10th
Tor Complainant Mackali.
MIR. MacAall says he has made request to in
speet the books OF Thompson, who declines.
MRS. GREEN STATES
that Bateman represented that he would act
as the agent in the organization of tine Massa-
chusctts Avenue and River View Improvement
Company, and the money she had, S2.SOO, was
to be invested IN its scrip and delivered to her
receipt. and he had frequently acknowledged
she was in tho syndicate and on one occasion
stated her interest was worth S30OOO
They state the property did not cost s75.OO0
and is now worth Sl,000,000. Mackall claims
that he is entitled to 1-15;h Of Bateman's Il in
terest and Laura Green to % l5ths of Bate
mans 4, and they assert that the 7l1& 75ths
OF Bateman's u
WAS WITHOUT CONSIDERATION.
They state that they have applied for an in
spection of the books and have called for an
account. which have been refused, and they
therefore pray an injunction to restrain the
conveyance of the Bateman interests, for q
discovery, account &c.