Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-05-18

| III charge ~ The sal bank'A nifnlr-; thtl
he said =. y. snsth' "a az ,nslIrr a. II 4
| sail directors cohtrtfy to their ctVrc-sil
opinion aud Judgment, ns 10 the beet 10
| lsfsHts ~ sal bank defer 10 the wishes
and ,isld 70 the arbitrary ,irmnpds II ihl
said Il. A. Page well knowing hia purposes
as hcrcinlfifr ~ ont and that ~ a cpnhc,
quence thereof the majority OF said hoari ~
directors and The said management have not
fairly and honestly rrprc.enied aud pro
tected the Interests u the Eip,khpldctr.
but tho actions " said board and tho said
infringement have been Ia tie lnter,s, nnn
| for the bonent Of the anil q. NJ. Page m
dlvldualiy and 20 the great loss aud dciri-
era 40 win be hereinafter more particularly
| alleged.
Plaintiffs further aliege that ever since
his said election rs yice-presidcnt and d.
rector the said II. ~ Page has contiuu-
ousiy aud assidnoualy exeried himself
| 10 deprecinie the value OF the sock IN
| said bauk. that Ia response 10 letters
| Of Inquiry from sfockh0dnr. as to the
| condition Of the banks affairs, he hiss
Invariably greatly eIagsesa,ed he COM
! plicnti0ns Of the bank, and has given an
alarming aud distressing account OF the
| ultimate outcome Of the realization ~
| us assets. that these letters are soon
| followed up by Propositions FROM him
and from other persons az his Instance
and request, to buy the stock OF the IN.
| quirers al a price much below It's real
value: that by this course be. the said
II. VI. Page, ;has succeeded In acquiring
At about $50 per share, y large amount
Of said stock. to-wit: 1900 shares
Plaintiffs further aver that from the
declnrati0as and conduct Of the said r.
NJ. Page, they verify believe that bis
ultimate object Ia purchasing said stock
is To acquire a controlling interest In the
stock Of said bank, and then 70 50 man
are said bank as TO render the stock OF
re minority yalueless; that the. said
Page now owns az least two-hfths OF
the whole capital stock Of said bank.
Plaintiffs are Informed by --- --,
a reputable and credible citiyen Of Tar
rant county, Tex. and believe, aud so
charge, that said Page has stated and
openly declared that in managing said
bauk, be was Cooking ont for his own
interests, and did not give a i-n for
the stoekholders;' that said - -
declines to give these plaintiffs volun-
tary affidavit to said facts. but says that
" subpoened will testify to them In
court that the active management or
s,ald bank, to-w''; Nice,Presldent II. VI.
Page. and Cashier A. H. Smith are CON
spring and confcderaiing together for
the purpose ~ enabling the said Page
TO carry out kis designs and are 80 man
aging the Affairs Of said bank as TO aid
and assist the said Il. NJ Page IN the
ncGompll slnent Of said purpose: and that
ne said 4. T., Lnckrtt i merely nomin-
the HcliVe management Of the affairs Of
said bank IL entirely within the control
Of said Page and Smith.
llhinlihs further aver that they ba-
IcNc llnt Tie assets Of sub bank IL
honestly, properly and fairly managed.
WI realize TO The stockholders SO per
Plaintiffs further allrge that the prrs.
Ont management Of sail bank Is being
conducted az an cNh0rbitant. nnnocra
siry and useless expense, In that the
anld n. II. smith ~ cashier u paii $500
per month, The said A.. l.. lnckrtt ns
president 500 nor month. Genrr, Nnssi.
us bookkeeper 800 per month. and 10
further sum Of $50 or soc Der month
" paid fer reU'; that said bank IL doing
practically no banking business. and h
rot attempting to do ANY, nor could II
DO amy should 1t attempt so to do. aud
lhe sIrnicc' - al Of said parties aud
Wholly unnecessary and useless
Ilnlntlns aver thnt office rn0ins entirely
sWtnhlc and amply sufficient Tor The
purpose Of said bank can bee procured
II u cost Of $50 per month. aud thai
lle services Of rrspuuaihlr aud competent
men To conduct thr husinnas Of sutI
bunk can bc procured for onc.third II lie
said
Plaintiffs further allcgc that defen.
dnnts' A. II. Smith and X. NJ. PnK,.
i'm anil IN ,iei,tt',, .nS't WneiA bnN.
rrlnilons 10 tl, st',,i,i H. u'V'r niuclltg
Ia .,nf,,,I I'M ,.'''i''i y 'iat' secret
hehooc ma i'msn, 49, W 'n"it own
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in,ns Ia, LA ~" pN,N Ior lnas hls
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t,, u " Nv, r'.,I ii'' Wy iced 81
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" " ~, 'lv lhht Mho was
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i' w., wv Wy SUI y; u Hlhllh ~ ca'li'
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H., n'ai " ue nnhA, m yNlrnAvu OF tue
~ " w "'"' ~ ,nnn un'. ~ Tue OH
W"S W hPIn, y ~ lN'1' Hhd III lho fur,
S S,ui s",s ' OF ny PROMISE 10y said
,"',',' ~ ,"lH,ll'i NV, uIevlol' anu l,ngr
~ NY lin'ssnnlent nh'i u'Feetlr' on behalf
VI Haiu ,1hh, thnt u The said
~, ,.h snon'u ~ 1d hotr promptly
w nprn " n. ~, iSst W. bank woMl
snI 1 ,n wv ms' a31 : STS"p 81 nalu debi