The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-07-22
BILL FOR DIRECTORS OFOOT.
s,oc6uOLDENS DON'T PROPOSE TO
IOSE EVERYTHING.

Tho b's'.o 80. -, ~ u,,.,
Buehho"' Wv" '"e
-. ,,on the application OF Receiver j. I'd.
w.d f cnn,nopy for ' aaya to ray diyilsnd
:, a; nor cont. to tho rrolcrr,d creditors
Oh 80 ',.rr.,t ~ ,bn snmo tir,. suhs,i.
tu,eL X. v. Flanagan in lace OF tho Amcrl-
can Lean AID Trust ComDany as trustee
under ,rus. mortgage executed by tho North
ani fa,: Riror Railway 'empany upon lis
prop,;.y 70 secure s45o,ooo OF bonds.
res on hand win pay tho protorroa creditors
IN w.. a., ,I,o ,,n -sfsrrc, re,,,,ors III
on inc '',.'i !" .n' III. M. o., s.c. ~,
can seYnto an, ,n S,sh, 'H5 Moons com
81. a, :, ,nc,or,,,, ~ IA, nav tho nm
paiI no sac SosieFnny , enn rb . aai,n
.r ,s this cotn,any will eventually DO good.
-, H. 90. :, .',,,c tim, 4, mi usti,"
b1,h a ross n,no on tho Snnstu cbaroe.
"a, Of tho other assets. Ito did not know what
" s DO realized upon ,hcn,. Ilo was not
CONSCIOUS. however. mat thoS Houiu anu ma
tsra,t 10 the roaI assets on hand. Lilo said
vcIr G'.!5 'h"' 'ns e'os" hoioo'S eo1ii no' se'
spsnn':
ulo " ,n,,u r i, tho claim q, poeojycr
oui oil ITO panAfucs 10 ,no e.a,' y. no w., ~
Simmons against Henry BucKout lpr $li.i6?.ou.
M. Buckoui was asninr OF tho Fourth No
- -. Wa, O.,,vins ~ H.l,,wi, u,s
H.. M nnh ., Ina, bank. Mr.. BALDWIN be-
came r,csiicni o! tho AmsT!can loaa
ana =, rs r.. Yea, pi osident Of the Ihird
Ss;;,,,.j lam Tno story Is thn. Buck out. on
av his ae,onni IN =, mS tu in Inv. nanf
eii.aN Oh G. au rot u"' r.nn nm NH Truat
70 HadWin 9! mo A,G tho many a. nrn,sct
ON ANY NV t,me loan due Jan " lnsi.
nsss 1ond not ,aEo w !hC noe q. that
time aho u WY .r IonII a.t whsn Il smnnot
limo 10 me Gh," VIZ w Simmnns tonnI this
~ 10 - ~. - Tho Anarican Jonn md
aoto ~ 'hs ~ -, va ~, wne NAL. ran,~or
TrnSs 60 'an! i" "n NJ MI knowi.Sre Of tho
iiusAopt a, oy az ,,s oI Ms signa,urs on the
acte ~ o." H., vas conir"ni.J with n
rhe.i i avn By insrli ON Sept. "a. 1890. to
This cnock IL - c'aimeui t,.u siTer y o'ef-
Ever, cnurt ty Receiver. Simmons t" collect
;ne hSnr' s i,, Hus iher"iore hroupht
iui. AZ nn,t' .ii ,a rv ,hot ia All Gnt
suit FucHont Shi sHs riu"t tnHt he Nv NY
sa;o :" talS n oui inns transaction. lie dii
m"t h,,.,sL ,hat IN. roIln,sra Which Mr. sim
,,n'. h.,I Tor Iii. loan was amply surTicient
20 70 ie'n H. ,aS rolln,eIni con. ists OF
rsi " 81 :' ii'S pr cont bonds Mr. Gnckont
N uatt mas thry w'ro worth in the market s5
g on ~ 20 % as nnrte' stood i' row 0 Hus
~ = 10y VIZ" .oreed Tor sale the price
si % E'I' . ' va. .'e .akcd about this trnrsac-
Jon. Il" "a tbs Loan OF hmekonl,s was
a".r on n" r%cS by wm,Hh nSkomt r nrsw
Com. any. Neither ~ 1 receive III" money
,sr,,'Gr has nl s"" n; EnGlonts cheek
sa4s5ssd y ss SeE TSs sAcsk <S IS
no an i Trust rro OF
c'ar,", nosntioneI I'VE sun ssyera! months
nd y mi1's'ration or under Mr. Baldwin. arc
J,n ~ Innt ~ ,S M, ~ 1,cSI!o.
and advised Lr lawyers &ckeen Il hew.t. Ihs
wv ''' 81,
rsnr. 81 ne compamy havs been ri;,y Of mer m
Eva are tan, Tor ',. ~" ther.ny somre
dacr2e escape hadn't" in :h,s regard hui Ito
:,r n.s is~ncr VI ' ''e '"'N' arc ''ao''
As" tie ear rr directors IN. records Of their
,r.' semia!S 'h"~ NOR a'ae''n 10 anh discussion or
Zen. WsSs hn, 8 mo 81 ZEN NAV b, ttU's II" 70. im
vida rrasolr ' " ''''' ~. '''''
he na"I NY o; zach director will 10 determined ty
be- elsa to .ar,: anc as % some OF them 'nrthrr
W u; % M ,s, ,h ,may led ms
~ ,So 1sc,of. sr thfm ;. m snt nn.
T., s". a, snS.s% lya;l
tn..,. with negligence.
"in Inn u" hr Or, ~ ne 'ecrer As this
an , mr, 81 Inc M, asss OF ; N c"mp.nv II
10 de-. may fr,nyi i, mak;rx tho rcrr,v.r a uurrv d.
81. Simmons End Mr.. JenIins and tho l,w.
.e.S s ,h III con r"i'nt,"m 80 teruny afternoon
was will 10 b in: suit under tbo rb,rter ~! nP
Tho 'onlrnny against the directors alleged to
po,' 10 I"'"Ws I., hmo6s me directors we're
iaes &. Andrews. John T. Blair' Thomas
e Flat James 8. Thurston. W. r. An
Pnrsons. '" Zoo 20 Twas hehno s nhariGS