The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-03-14
FIGHTING STOCKHOLDERS.
MR. HALL TALKS ABOUT The STOCK
HELD IN TRUST
He Says He Intenas to Find Ont ~ Means
sf His Lawsuit for Whom It IL Held
Lawyer Lnutsrbaoh Feels Compelled TO
Keep silence for the Present.

ne ssys ne hntends to fns ons ny means
s wn .o Ss .H.,,.s =,
-" s,,..ss a.. 81. p.....,
-, -oo &c.,
" ". nun 10 suihs 70 nnVo -, 80 y, e.
$500. t.o o"p n' e.ooA Vi .no NJ
na.'roau .oh pany' con'roi'ea Nv hh.nohS Dat
,e'e c'hceheu on the srouho 'ha' ''"o ''o'N
was az, never PAD Tor.
me ac.ion Is paseu on tho iuea 'hat .ne i,a ~,
e e o' INC loaa was procured ~ po.',ea' ~,
huence. paid for by stock In the company
amounting at par value to over S2.O0O.OOO.
According n Mr. Hall Mr.. Rarrett holds this
stock as trustee for unknown persons whose
names no has refused to disclose.
Mr.. Barrett. the defendant. is i'll with in,u-
enza at his home. 81 Brevoort place. Brooklyn.
Edward Lauterbach. his counsel. OF Hoadly.
Lauteron IH, q johnson. was at Lakewood yes
terday. "hen asked whether ne had any an-
swer to mako to the accusations he said
sci in the case. and I agreed with julien 7.
from any discussion OF the matter until tho
case comes up In court. Our object was
no, not to have the esso rremat%re.s arsuea NJ IN
no newsp" ,. ~ lar 10 -, .n r"annt
and until have An onnortun,ty of comforting
with lin, don.t ;.o, at lihertv 70 discuss thn
Mnn NM uoh 'oe' d. ioer'' ~ o'''"'S ''''
Twill simply make this general statement.
Mr.. Barrett's stock was treated in exactly the
same way as all the stock when the Union Ele-
vnted road was merged with the Brooklyn.
Tho certificates were regularly recognized
and signed tn when tho transfer was made ana ana
registered in the books of tho company
MIR. Barrett has voted on his stock at pro-
ers without the slightest objection or question.
Ills stock has been recognized over and over
H.. Hnlrs immediate motive in FALLING the
matter up for legal investigation was. so it is
alleged for tho purpose of preventing Fred
erics Thimnn's election to the Presidency OF
the company over Henry Vi. human. tho pres
ent incumbent.
took race on Feb 10 liz Put
Henry ". Putnam. liz: Hugo Tothchiii, tho
Ss;retary = tie sonpa,py; Ebert , snedsksr:
and otter stockhoidnrs. renresrntinr In Mi
nbou tt 80 ooo shares. 'e''eSn''". III al
OnnoscE 70 them. in surrort Of Mr.. JThIman.
w.rr Edward Iauterbach and his partner.
EDGAR A. Johnson. hdolf Lnuenburr. Con.
Ge9rseb oTa o IN
a3 W1h 4tp r snaff shares ont q tbo
troi Of t,r contnnnv The lar before The meet
in :! Mr. Hall. IN the name of the stockhoders.
bneJ nv him in rust 'on' 'o''"s 'Ao '''"'e'
This injunction was served at the meeting
a stand n .t At"r hors Of nnte the meet
WIN T to have com" I, in the Court Of COMMON
Toos a. th" foliowin Q Eridav' u ~o"''n'n
On that day it Was p..stione,. at Mr.. Lauter-
ss acnin mt ~ own 70 NJ ~n i'll,
ness until March IS ~ N'' ''"''e'' . AZ
,,n ro.;Snn 10 1So Wast Sawn,tv ti,;ra .trnot
Anot6er STAKEHOLDER Of In" compnnv was pres
ri # r. IntsTsisS: snd r. esssarfsS Il %Hst
his name shnulJ not he mentioned e'e"' >''"'
am acting in this mater" Mr. Hall said.
hnid.,rs eim,,iv alIer, in INV c1mnjni;nt that
Mr.. Earrett's stock was never paid for. and
sn!Nla rrtt savs that Ss Il. ,aIds the stock ~
Trusts Tor difierent stockholdors but no has
always refused to tell who those stockholdors
M tho hooks show. and demand that the mat
ter be be INVESTIGATED am! the names OF the al
Wh.n tho merger Of the Union and Brook
Ign roads took place. in the fall OF 1880. the
subscri "ers to the Union road received p f
then that Mr.. Barrett's stock iirst made its
apPsarunce. ,,,, ..,,,-
h n to the e " no
There is no record rec, Of my comp'ensption ever
given for political Influence"
Mr.. Hall then y oceeded TO give an account
Of what ito regarded as tho peculiar m ethndS
employed In Organizing the Union i" rond iii"
Brooklyn road, ho said had obtained! tho
rights In 1851 from tbs L"gi-lnturo and tho
Board OF Aldermen in Brooklyn to "x-
territ Try r now covered by til" Onion road. and
there was really no necessity for a new com.
pany's being orsnnized. unless it was 10
sutierze money from some ono in the process
Frederick Chlmgn Edward Inuterbach and
the late Stephen I'ettns. he said. Proposed tho
Th"y We're ali large st"ckholders in the Brook
stood then. was to combine tho two roads
when the Union should have been compiete1.
and tho franchise had been chtained.a con
matter intrnstod to it. Tlis move nov" also. Sir:
Hall believes was entirely unnecessary. and
further their moncy-m making pians: This con-
people that started the Union road. aud Gen.
George ". Wright and Anthony inrr':tt joined
scene as an active workor II securing tho
the Eoard q Aldcr"en., II: W. !, PROMINENT
,,ro,t Cnryino ~ Tho untnr,riao H., r.tt;nt,