New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-30
"yEW.YORK TJMESv CORPORAT0RS.
STOCKHOLDERS CONTINUE TO DENY THEIR
CONNECTION WITH THE PAPER.

For reasons not wholly clear the new STOCKHOLDERS
of "The New-York Times" almost with one accord,
refuse to admit their connection with the enterprise
Only Mr. Miller the present editor ana MT spihey'
the managing editor, hereafter to be publisher are
willing to bear the responsibility openly. John A.
Mccall, president Of the New-forR Lie IN
suranoe Company, says that he has no connection
- any Kind viii, the scheme although 1t Is widely
rcpored TO be Mr. McCalls money which has qualified
Mc,srs Miller and Splnney for the places as snare.
holders and trustees. Two years ago The lines
made a notable crusade against te Now
York Life. then controlled by William IL. Beers al
lccing mismanagcmen and the consequence was Mr'
Beers's retirement and Mr.. McCalls elevation. Inc
insurance element in "Thc Iimcs's" new ownership
Is s,ronc Besides Mr.. Mccall 1t is rumored that
president HYDE of the Equitable and President NC
Curdy of the Mutual, In the lew company ior
the sum OF $4,000 each. This Is accounted iof vi
the theory that they could not Afford 10 nave Inc
Tines used as the Ncw-iork Lies sole ore'h.
Some people are inferring that 1t Is the money OF
policy holders which Is thus invested ana some per
sons mr.. wondering whether newspaper stock Is
or,opc tbo securities in which insurance companies
are permitted to invest.
Charles X. Flat, TO whose nsSiduous PERSONA CT
forts Mcssrs. Miller and sDinney are consiceraoD III
deltod for the raising OF the money with which inc
paper has been bought continues TO d'ciare 'hn'
ho has not and never has had any connection WIN
time during the last six months circulating SUD-
scrIption paper among his friends, soliciting their aid
10 buy The Times" and his name Is down on the
paper those who have seen 1t say, Tor ~iV''o"o'
Mr. Tllnts desire 10 have part ownership III
newspaper Is thought to proceed from his Win 10
oist william Il. Grace from the place OF Gar ana
Autocrat OF Al the chill, and Perus, and to become
himself the CHIEF American factor In the poii'icai
aud commercial affairs OF the South American re-
publcs Mr. Flint was formerly Il member OF VT.
Graccs firm but their relations Terminated shor'iJ
after the time when Mr.. Grace, as Mayor appointed
Mr. Twins TO receive the $4,000 salary attached 10
The CITY Chambcrlans Office. Mr. f!lnt Is Deh"-
crat but he was member OF the ran american
Congress as one Of the representatives OF the CE'ed
states, and he has always been an ardent supporter
of the policy Of reciprocity with LatinAmerica' oased
on the free admission OF sugar ard coffee. his
present business Is TO bring South American Proo"e
10 New York and to carry American exports so"""
II IS supposed that The Tines Will now ADAPT us
tariff reform views the requirements Of Mr. fhnts
laIg. ami growing franc -
The new company was Incorporated AZ Albany
Yesterday with a capital stock OF sl,2joooo. IL Is
said that 10 such sum THIS has yet Deeh fa'scu'
I'm fact that the promoters OF the enterprise arc sti
about 100000 short OF the sum agreed upon as ue
purchase price OF tie paper. THIS was S''o,ooo'
Mlpn that has been got together the SAFE VIII 10
cousummated. The additional sum OF $Jo),Voo pro
.ndeI In buying new presses. those now In use De-
,,,, slow and old fashioned. The corporators NEIL
,ion.d I'm the articles fled at Albany are Charles IL.
Miller Chase Mellen, Samuel ii. Ordway, George J..
spunev and Henry Yonge, but these Names except
ing those OF Messrs Miller and spDney, are not those
cf PERSONS really In interest 10 any suDsah'i" "a
t,nt but are int nded simply for temporary service
and 4, CONCEAL the real proprleors. Mr.. Meien Is
young attorney engaged with the law firm OF iasohS'
,lenard a. Ogden the second member OF which, f.
NJ sb.nnrl Is Mr. Flint's counsel, and the attorney
representing his syndicate. Mr. longe Is also
young LAWYER practising with Benjamin F. flii>teil'
-. The rmes,1 legal representative Mr.. ordway Is u
LAWYER ut No, 81 Nassal-st. No mention l. hlad" III
The articles Of Incorporation OF Mr.. flnt Mr McIaii
Nr HYDE, Mr.. NcCuidy. nor OF thcir associates
LANES r. Woodward, of the Hanover National 3ani.
j. Edward simmons. L. G. BaldWih, IL. N'i.rr mopo
ly suppressed rs II those 10 whom they appertan re-
Iur,i.,i ownership In The New-lork Times" 10 DC
destructive Of "A hope OF heaven. A.,
The certificate Of incorporation was filed III the
County Clerks Office yesterday.
Albany March 29.-"Thc Newlork Times Pub
fishing Company Of New-Yorx City was incorporated
10 dav with the secretary OF state. The capai st0ek
is $3.50 900 and the company Is formed TO publish
The New-York Times" and any other newspaper OF
nrwspapers daily semi weekly, weekly or otherwisc
ar magazines which IL may hereafter acquire or cS
tabllsl The directors are Charles H. Miller, .harks
George T. Spinney and Henry ionee. OF liroOklyn.
The capital stock Is divided into l25OO shares OF io'
each. stockholders shown by the
cf Incorporation Charles X. Miller loOD shares,
George r. Spnncy. 500 shares Chase Mellcn, b. ii.
Ordway and Henry ionge, each five shares.