Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-09-19
DENIES THE CHARGES.

| One of the Accused Members of the Dowlin.
Rush Cattle Company Makes State.
ment-says Everything Was Conducted
in an Honorable Manner.
John R. Rush, of the Dowlin- Rush Cattle
| Company, who is one of the defendants in
an equity suit to recover 500, 900 alleged to
! have been fraudulently taken from the
stockholders, IN an interview yesterday,
said:
SIT is charged that Dowlin, Lantz and
myself received stock of the company and
never paid for it. This the plaintiffs know
to be utterly false. All the stock ever
issued to us, or that we ever owned in the
company, was paid for in full by us at par
before it was issued, and the time when,
where and how paid was we'll known to the
plaintiffs from their first connection with
the company, and their allegations to the
contrary are without any foundation in fact
| whatever.
'eIt is also alleged that Dowlin, Lantz and
myself have never accounted for 5000, 900,
which the plaintiffs allege we reported we
had received from subscribers. This is also
false In the first place, we never so re-
ported, and in the next place, all the money
received BY any of us was promptly paid
over to the company and accounted for.
The allegation that the company's stock
was increased 100000 to enable us to sell
to the company at exorbitant prices herd
of cattle in which we had an interest is also
false The fact is that 1 opposed the pro-
! ceeding to increase the stock, and defeated
the resolution at the first meeting where 1t
| SnhcaOnpntlU
ton was passed. The stock was regularly
issued and sold to various parties, and the
proceeds paid into the treasury. Mr.. Dow
lin and myself were appointed a committee
to purchase cattle and other live stock We
made the purchases, reported them to the
company, and the cattle, etc, purchased
were paid for in the proper way by the
treasurer. Among the cattle so purchased
was bunch called the buffalo herd, In
which Mr.. Dowlin and myself had each
s., 900, the herd selling for S35, 900, Lantz
having no interest in it. The fact was
well known to all parties concerned, and
was concealed from no one. Our interest IN
the buffalo herd was much smaller proper
tionatelv than our interest in the Dowlin-
Rush Cattle Company, and We, therefore,
as was to our interest and the interest of the
company, purchased this herd at the lowest
price, as we did all the other cattle which
we purchased. The prices paid were rea-
sonable and fair, and were so regarded by
everybody concerned. Everything was done
openly, and with the full knowledge of the
stockholders, and nothing was concealed
from them.
''Any allegation contained in the bill to
the effect that the affairs of the company
were improperly conducted by us as officers,
or that the accounts were not properly
audited etc l utterly denv Mr. Bower,
one of the plaintiffs, himself was Secretary
of the company from the beginning down o
within little over one year ago, when a
new man was elected in his stead, and dur
ing this long period no complaint was
heard from him in regard to any of the mat
tiers he now sets up in his bill. After his
term of Office expired, he improperly re-
fused to turn over to his successors the
books of the company, and still wrongfully
withholds them. The spirit which, there
fore, has inspired the bringing of this suit
is easily understood. Mr.. Bower himself
assisted in making a number of audits and
signed them as Secretary"