Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1894-01-24

RECEIVER FOR THE DEIs MANUFACT-
rRISG CoMPANY.-Judge Keith, of the
Circuit Court of Fairfax county, on the
application of w. II. Fletcher, COM
nainant, through his attorney, Capt.
&. A. Mushbach, against the Deis Man
ufacturing Company, defendants, in
Warrenton on Monday granted an in
junction against the officers of said
company from further operating the
plant. sc, at New Alexandria and ap-
ponted Capt r. F. Knox, of this city,
receiver, TO take charge of same and to
operate the factory and the hotel, &C.,
nj New Alexandria.
The decree orders that an injunction
!, awarded according to the prayer of
the bill, to wit That the Deis Manu-
featuring Company and Philip H. Deis
and Frank E. While as officers of the
said company, and as individuals, and
Michael b. Harlow as trustee in the
three deeds of trust in the bill mention
cd, be enjoined and restrained from
either operating and using the property.
and are commanded to surrender and
deliver ii TO the receiver.
The bill filed by Mr.. Fletcher al
leges that the Deis Manufacturing Com
panv are insolvent; that for four months
they have not becu doing business and
have laid OFT their employees; that the
same people who compose the Deis
Manufacturing Company are in a great
part the same who composed the Deis-
Bssmau-Kirtz Co., Of Canal Dover,
Ohio: that the Deis- Bissman Co., who
tried to get the Pioneer Mills, in this
city. some time since, sold their own
property in Canal Dover to themselves
nj New Alexandria upon an inventory
made bv themselves and at a valuation
liked by themselves of 1922, 934. So; that
in point of fact the property as live
plant was worth only 100000 and Is g
dead plant. what it then was, only
S25. 600: that in payment for the prop
crtv the same people who sold it and
bought il for themselves took In pay
mcnt so. GOO III stock and about 500
900 in notes which they are now trying
TO negotiate and put i'll The hands OF
innocent purchasers; that the Dels
Manufacturing Company, and pardcu-
larly p. H. Dcis and +. f. While ct al,
have been engaged for some time past
in running the Dies Manufacturing
Compauys plant for the purpose OF
oaying the notes for $50, 900 which they
hold that Notwithstanding an agree
ment to allow nothing but the proceeds
of the Canal Dover property to be APP
propriated to the payment of said notes
they have taken $4,000 of the money
paid by the insurance companies on the
0ccasion of the destruction of the Deis
factory at New Alexandria, and appro-
priated ii TO the part payment Of the
$4,000 of notes; that they are engaged
in making similar appropriation from
the proceeds of the Deis Manufacturing
Company to themselves in partial pay
ment for these notes and finally that
the whole concern is fraudulent from
beginning to end, aud that the bill is
brought by stakeholder who was in
ddced by false representations by 7. II.
Deis to put $4,000 in cash in the stock
of the Deis Manufacturing Company.
The necessary papers were all pre-
pared in Fairfax county yesterday and
later Capt. Knox, having filed his bond
for $20, 900, took possession of the prop
erty and will operate it for the benefit
of the creditors There is large
amount of material on hand and n num-
Der of skilled laborers at New AleXan
dria, who, it is thought, will in a few
days he put to work.
The Deis people in this city say the
whole trouble results from disagree
ment among their own stockholders :;
that the company is not insolvent and
can pay all obligations held against the
company, and that steps will soon be
taken to have rescinded the order ap-
pointing a receiver.