The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1890-05-08
Too Much Legal Formally.


The Hillsboro Gas and Oil Company
is dissolved. The dissolution was accom-
plished somewhat in this way. DIR. Full.
lerton, who was President OF the company,
when accosted by the NH. man as to
why this was thusly, replied, "Well you
must know there was balance OF $2l7.53
remaining to the credit of the company
when all debts against the company were
paid. / entered suit in my own name
as an individual stakeholder to obtain
pro rata division OF the funds on hand,
and that cost me 1928 of my own good
money. thought distribution could
easily have been accomplished in that
way, but the law had to take its course"
Now here is where the too much law
comes in. In some way the suit for dis
tribution entered by DR.. Fullerton was
contested. We don't lnOw the particular
grounds nor care. The point taken (for
it must have been point was legal, we
suppose. And receiver and referee
were appointed-we don't know which Of
.ficial ltook precedence, but both positions
were held by MIR. Irwin Smith. Now no
personal reflection is cast on Mr.. Smith,
only the fact that he is allowed $53 for
his services by the court, thirteen dol.
lars as receiver and forty dollars as referee.
Then comes the attorneys fee of thirty
dollars. Mr.. Hamer Hogsett is the
attorney who DID the legal labor, which
cost $50. 1t is but proper to say that a
part of this fee was for the legal services
of Erwin Smith during the preliminary
work before it was taken into court
Printers fees 81. Cost Of action $4425
Total amount as cost of settlement $l34 25
This on a total balance of$2l7.53, leaving
a balance to be paid to the citizens who
subscribed this fund of SS3.2S.
Now let any business man consider for
moment the runious method of paying
go per cent. of fund in accomplishing
the distribution. We venture the asser-
tion that any three of our leading bust
ness men could and would have made
Just as fair distribution of the funds
with hundred per cent. dividend Of
the balance remaining instead OF thirty.
mine and a fraction as it will be in the
present case. Courts OF justice cannot
be dispensed with, but the outrageous
expense to the people of maintaining
these courts of justice needs much more
a;l. ntion than, it is receiving. The
ra-. "a rand Is perhaps little more
s'r,k;ng than usual, from the fact that
tins nu,ny MAS originally subscribed
boro, for what then appeared an enter.
prise that might prove bonanza to the
town. True that proved to be failure.
But why should the money subscribed
10, ,hc rntcrprlsing citizens be 40 squaR.
,tt i,utin 'ur uan,- of law? And par.
n,btnfN @hA i.,.d n.uin y donated ior
rtsrs, s,,u,ri,' .,rni ln 80 absorbed by legal
4 y!hnicalities and,ihe same class OF citi-
xens again be called on for donations for
1he public good as they are at the pres.
a-sa iI,n- Ior he proposed bending wWd
1ar.ry IRON Michigan? Would IL not
hs ,tir proper thing Ior the original
.s,,skirolitr- l., now turn the III.
nj ,a,,n remaining over 10 The COMMITTEES
~. ~ inl,iesl,d in raising The fifteen
a,n,sN,rd - onhe'l by The factory spoken
o, "a i,,r:nr IN Hillslmro? Anl II the
re,pa nm, s2i7 53 coui,l all have been
xurned over ~ this i.rw enterprise, how
lmuuh lnuve. sslibfnct,,s, IL tI.v ,...u y hu
3 pslll pAey xoold bsvv tesn'