The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1894-11-03
WAS NOT IDEAL.
The Company Honored by
That Name.
Mrs. Angelina Griffiths Says She
Was Ousted From the Presi-
dency by a Conspiracy.

There is trouble in the board of lady
directors of the Ideal Placer Mining,
Water and Power Company. trouble which
has resulted in a civil suit, filed yesterday
in the Superior Court.
The Ideal Company was an enterprise
formed by members of the fair sex, and
intended to live up 10 its poetic name by
being run without the aid of masculine in
tellect or interference. But, unfor-
tunately, the stringent rules in this respect
were relaxed after awhile. and man made
his appearance on he scene, and from
that moment the Placer Mining, Water
and Power COMPANY was not IDEAL.
The present suit is instituted by Mrs
Angelina NJ. Grffilhs. ex-president Of the
company. against W. A. Merralls, May A,
Brown, Ellen i. Mayer and c. w. Far.
numm, directors of the Ideal Company, to
set aside an alleged illegal assessment
and to have a receiver appointed to take
charge OF the concern. The complaint de.
scribes the incorporation of the company
in May. 1893, with capital OF 81 900. 600
in 00,O00 shares of $40 each. Fifty thou.
sand shares were subscribed for, 10000
shares being taken by Angelina NJ
Griffiths, +. NJ. Wright, Mary A. Brown
Ellen l.. MAYER and w. A. Merrals.
Ii is stated that Merralls alone did Lot
pay for his shares, but as an equivalent be
agreed to make present to the COMPANY
of a certain mining machine patented BY
him. However, according to the com.
paint, Merralls did not materialiZe with
his machine, but he stuck TO his shares
and, besides, enjoyed a salary of $500 Z
month as manager and superintendent Of
the company.
After the apportioning Of the shares
NJ oh ~
o outside parties, SO that at the time o.
filing this complaint shares had been dis
tributed as follows: Mary A Brown. 10.
! 600; +. M. Wright, 10000: Ellen A. Mayer
10000; w. A. Merralls. 1900; Angelina NJ
Griffiths. 10, $50, other stockholders, 1000
Angelina NJ. Gr.ffiths, the plaintiff in tni:
suit, was made president of the company
| and the other defendants composed the
board of directors.
The plaintiff complains that one Of the
companys strictest rules was violated
from the first. This was to the effect that NJ
money should be raised 10 meet the COM
pany's obligations except by the sale Of
stock In the company, and that no debts
should be paid unless there was funds il
The treasury to meet them. This rule was
not adhered to and no proper warra n I.
were ever presented to the treasurer Mrs
Griffiths, as president, demonstrated Wig
nrouSly, but all the reward she got lay In
tue DOlQiDB OF directors meeting IN De-
cember last, when she was ousted from
| Office and a new board of directors formed
with w. A. Merrals installed as presi
dent The plaintiff charges the Defendant:
with conspiracy in this respect.
After this the company got into debt. ir
spite OF the bylaws. and two mortgages oil
$1,000 and $4,000 respectively were raised
ana the complaint alleges that the tota
indebtedness of the concern now amounts
to Sl2, 800. Money is wanted to clear of
these membranes, and yet, in direct vio-
lation of the cOmpany's rules. two of the
directors, Ellen l.. Mayer and Mary a
Brown. have been voted salaries of So
and S25 month respectively. 1t Is
further charged that ". A. Merralls makes
his salary as president lien on the com
pany, Intending by this means to get the
absolute control of the whole concern.
An assessment OF 10 cents share on The
cai ltal stock was levied recently and ii is
alleged that only $4S7 i'll cash has been re.
ceived, other sharon olders Offsetting this
liability by claims for salaries alleged tc
be due. In effect, the company is III dan.
ger of becoming insolyent, says Mrs. Grit
II tbs, and now she sues TO have this --latest
assessment set aside, and to have a re-.
ceiver Amounted who shall take the com.
pany's affairs in hand, settle the outstand.
Ing debts and appOrti0n the stock to t1ose
entitled to receive shares.
PROOF OF the pudding il in the eating, oil
the pie IN the crust None so good as that
made with DR.. Prices Baking Powder.