The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-12-05

| nave sIOTtu Vi sugar a
the Islands, Withholding it from sale
On October l, 1892, w. G.. Irwin &
| Co. Of Honolulu owed the company
SIS, 900. Claus Spreckels was a part
ner, it is claimed, and the firm OF Ir
win d Co. never paid that money
though entirely solvent.
Although the capital stock OF the
| corporation is in 100, 900 shares 1t Is
asserted that but 2551 are now out
! standing, the balance being held as
| treasury stock. The $50 that G. A
Spreckels claims are inclnded In the
2551.
The stock belonging to the plaintiffs
represented as amounting to 81 500
900, would, il is said, be rendered
worthless If the alleged fraud were
carried out.
The plaintiffs pray that the pre-
tended bonded Indebtedness and the
mortgage be set aside; that Lielienthal
and Ehrman be eDjoined from insti-
tuting suit for foreclosure; that Claus
Spreckels, J. d. Spreckels and A. B.
Spreckels be enjoined from acting as
directors of the corporation and from
taking any action in regard to the
mortgage, and that the defendants be
compelled to account for all the mon
eys paid out or expended by them, or
under their control.
Further, it is asked that Claus
Spreckels, ]. ID. Spreckels and a. b.
Spreckels be compelled to pay to the
corporation 81, 500,000 as punitive dam
ages on account of the conspiracy, and
that punitive damages be paid to the
plaintiffs as the Court may see fit.
A temporary restraining order has
been issued to prevent any action in
relation to the mortgage, pending the
hearing of the charges.
1t appears that though filed on the
Goth, the complaint was by some
means suppressed until the ODD.
Speaking of the matter, Attorney
Samuel NJ. Shortridge, on behalf of
the Hawaiian Company, characterized
the action of G. A. Spreckels, the
plaintiff, in bringing the suit, as base
ingratitude.
"Instead of threatening his father,
Claus Spreckels, and his brothers John
ID. and A b. Spreckels, with lawsuit
for $500, 900 on a cock-and-bull story
of robbery, he should be congratulate
ing himself on their continued kind
ness to him in the past"
Mr.. Shortridge admitted that the
young man, who is generally known
as "Gus," had called on him once
with reference to this intention of his
that he was serious.
at must be-" continued Mr.. Short
ridge, "that this young man is either
crazy or is being egged on in this
matter by bad advisers. The suit is
brought in the name of III. A. Wooley,
but him L regard simp lyas beneath
contempt.
"They have struck the wrong men
if they thing to coerce or intimidate
Claus Spreckels and his two sons into
paying them money, if that is their
object. What makes me think 1T
must be case of-extOrtion is the fact
that the filing of the complaint was
suppressed from publication last Mon
day and the young mans attorneys
came to us snd proposed to continue
their terms. OF course we rejected
such corrupt proposal with the scorn
1t deserved.
"There is no use discussing that ridi-
culous complaint in detail. G.. A.
5preckels wishes to force my clients
TO admit that he owns certain shares,
md he takes this way to do it, know
ng his own obligations and those of
he company to his fathers eXertions.
His father and brothers have con-
aided him, and he has never
before limited at the least improperly |
On their part.
affairs of the company, and, should |
he suit come to trial, the ownership |
If the bonds in question, their issue |
md all the circumstances will be |
passed upon by the Court. / will |
tate, though, that as regards an an
lual meeting not having been held, it |
vas by G. A. Spreckels' own request |
hat it was not held"
The main cause of complaint re-
erred to 1.-THE pretended bonded in
lebtedness of the company. The
defendants were stated to have will
ully caused the Hawaiian Company
o default in payment of interest on |
he bonds, and to have caused Messrs.
ilienthal and Ehrman to bring n
suit in the Courts of the
IawSiian Islands, thereby endanger-
ng property to the amount of $4,000
90.
z. n. Lilienthal did not deny that
lie and Ehrman had taken the action
eferred 10, but stated that they were
lot personally interested. They occu-
led the position of trustees to the
and were obliged to do
s the condition of their trust re-
uired.
Sporting.
Directum, the 4-year-old trotting
defeated Alix in three
traight heats at Fleetwood Park, n.
z, on the 21st inst. The fastest heat
7as made in 2 :0S.
Shaefer and Ives are playing six
ays' billiard match championship
anne in Chicago, and at the end of
our days Ives is about 800 points
head. Every night game of 500
oints is played.
f. J. Baldwin is trying to match his
orse Rey Ell Santa Anita against
.rticus and Filtration for $1,000 side
nd purse, distance three. quarters of
will ha faofnra ~ tho 1