The sun., 1894-12-16
STEINwAY SUIT ON TRIAL.
HENRY ". r. sTEINwAx's CHzRsEs
AGAINST WILLIAM
suN FOR q, Aeeounti.e 81 Proats Ansesa
60 Have Bees Diverted rrov the Con-
esrn Tkrouwk Its Foreign House-

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20 Have aeeu D,vert~s rro-, ,so Coz
eer- Thro-nh re Fersig- Houss-.
tn. ant, NJ Itsrrv " n s,.,or.r .n.,n.,
Vvnl,.m stairway and t,,s,ovay a sor. h.s
ar.iiv c,r,. "a trial hotc,. I,a,,. a,ov., - ar
auprsm. Court. The svit /. soy an accountino
49,. r,.,r,,0 h. ,,n. ,.o.n.,w -. . a..t.,o, =,
49,. e.. a.. A.. -. =. SHy'. - =. ss..t, ~.
go. =, a. III, :, "a. ,y.o,n r,so,s.s rt,.
~ uus' IN tho WI, o' MS Onoio iheouo.o' ih's
case concerns the business relations between
u.r.,,rx. ,-h,.h =. ...s,.s g.. yv,,,i... o,,i
hsmourg, wn,ch was starteo oy Wiinsm anu
yns ,,onaVn n sno oon''nen'"i business Oh 'ne NC"
The complaint in the case sets forth that the
plaintih IA a astockholder in Stairway a. sops
the defendant being the President and principal
stockholder. II states that In 1880, the de-
fendant and Theodore steinwsy started the
steinwsy fnsno rsorlk M IN hannu Sermany,
and that from Its formation until 1891 was
p,O =" 49,. . ~ sno 'o ~. =,
New YORK. IL Is alleged upon Information ana
% Of p.nos AZ oos, Or % below SOo these @
he,ng shinnsd ,o n. bn,o and tbst mart ~ the
produot % p Of tn. Fssris was M then ems sold back to
s,e,nv.v a Sons Al m iaru. proat for the use of
the London house Of the Arm. The defendant !.
accused Of aiding and directing this businees.
.nA ~ d,v.rt,n 200 m "a NJ ,hs forei0n bu al
~ y. ~ n'-lN : a., - y. 49,. r.Ls,I
In 1880 Theodore steinway died. and the
F.h,,t r.ss.d into the bands of the defendant.
Gep,iA 1850 NV w ss =, - - a. a.
During the same year ne soid the Feork 70 tho
New York corporation, and is now run by them.
tn. s.Is was effected at a meeting of the trus-
N,, ,ss ~ -. :, ~. ,rr.h,.. ana
tees, all being In favor OF the purchase, ana
only the plaintiff. as q stockholder. demurring.
p,t,,ty alice. chat William stsinvvav VIOLATED
II. I,,,ia. ~ trnstsa and ilegniiy and in fraud
~ ,S ihts ~ The n,aintiff and the other stock
Soidsrs ~ The corporstion secured large profits
eya oS The plaintiff and the other siock holders
Sona ~ tbe other stockholders or the trustaes
has ioined in the anti with the plaintif and 40
Sts,gway a sons baye been made defendants
m Is demanded that the defendant William
steinway render full sccount OF ali the deal
sbSvinr the proflts accruing from ali the trans,
actIons and hat the defendnnt be decreed To
noy nvsr ali thc proats that have accrued 10 the
defendants Steinway a. Sons Wheeler ri
Pechham is the attorney for the plaintiff.
George W. Cotteriii. representing the defend
address 10 the court Mr. Cotterili said that the
InnSnn bon.e ,.ss started in Is7p On Account
~ iahor tronhss and other causes IL WAS found
tbat ~ not reiIevsd in some wsy the Tondon
"nn,sctupins go wcrs 40 great here thet the
,,ianos cnrid not he so,d AZ n nroat ON the other
Ut pSno' Iou. nv pong ~ n,.t ~ frao antrv ne.
sh hss., h,, syivSIiian, aand tha iste Thsscdore
y. n ,,,ioco 80 o.tahIiah q Ssctorv and thsv in
Ss.ts/ thsIr nr,vats fnrtunss IN the entsrnriae
,, hEn.te.s tne ~ the ondon bons. went under
III ~, ,r hro. "a the snhisct 10 tbe deSendsnt
anS tba lotter invested Si a. o0o in the Man
,yhich was n snocess After the death Of the Older