The Durham daily globe. (Durham, N.C.) 1889-1894, 1892-06-04

is silently admitted
8. That he said he would retain the
management of the business then con-
Quoted by his company, if The American
Tobacco Company desired his services.
This statement is nowhere clearly met,
though he declares the falsity of any
statement that he ever desired or at
tempted TO enter The American Tobacco |
company trust, etc" | presume he in |
tends this TO be construed as denial of |
my statement, though it is not respOn
sive TO the charge; yet distinctly reiter |
at that inthe presence of Mr.. J. B.
Duke, the president of The American
Tobacco Company, he plainly declared
his willingness, if the sale should be
made, to remain in charge of the busi-
ness of his factory at Durham, if The
American Tobacco company desired it;
and furthermore state that such decla-
ration was volunteered by him, without
any of the company's officers suggesting
to him their wish or expectation that he
should so serve And distinctly declare
that he did not, at any time, by word, act
or sign, indicate any disinclination to
complete the trade or show any disfavor
of any of its terms or conditions.
During the negotiations, and in my
presence, Mr.. Carr asked Mr.. J. B. Duke,
president of The American Tobacco COM
pany, if there was to be any cash paid, if
the trade was concluded, and Mr.. Duke
replied that there was not that the whole
consideration would be stock of The
American Tobacco company, and further
more that Blackwelrs Durham Tobacco
company would have to convey its land
and other property absolutely, by deed
and bill of sale, free and clear of any debt
or encumbrance, and with the consent OF
every stockholder of the company. Mr..
Carr, or his associate, replied that it
might be impossible to get the consent OF
, every stockholder, because there were
numerous small and scattered holders,
; owning about per cent of the stock, and
suggested that in such event an order of
court might be obtained, authorizing the
transfer and providing for the rights of
such minority stockholders.
: There was some discussion of this
proposition, all objections to it, coming
from Mr.. J. B. Duke, whereupon Mr.
5 Carr voluntarily asserted that he had in
fuence enough in North Carolina to get
: the legislature to pass a special act al
r lowing the majority to convey its prop
/ erty absolutely for the benefit of all, and
!, protect The American Tobacco company
D from any litigation of any stockholders
v of Blackwelps Durham Tobacco com
pany who might be dissatisfied with the
sale. The assurance was given by Mr
7 Carr and his associates, thas the title
should be such as The American To
n bacco company would be satisfied with
q Upon this assurance, and because Mr.
Il Carr seemed impatient for the trade, ant
= urged the sending of its expert by Th'
). American Tobacco company, of Durham
+ to examine his company's business al
q fairs, and property, and his offer Of ever,
facility for inspection and investigation
% The American Tobacco company, did
ar shortly send its expert and its president
II and Mr.. W. A. Marburg, to his factor.
a. and office, where Mr.. Carr extended t.
q them every opportunity for examination
y After thorough examination, Tn
# American Tobacco company declined t
!. purchase at the price discussed.
if have tried to calmly state facts, an
y can at any time verify them by sewers
70 witnesses who were present-some at a
e. and some at part of the interviews re
Q ferred to. | dislike controversy, and al
y. unaccustomed to it, and seek to avoi
% notorietv, but have tried to submit to
,F competent, and believe just public, tn
R. FACTS, that they may decide whether NJ
> , Carrs card was fair and reasonabl
ot statement or not. B. y. DUKE.
e, STAGE ROBBERY.