Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-02-03
THE WnISKEY TRUST.
Hearing Of Notions In The Case Before
Judge Grosscup.
THE RECEIVERS EXAMINED.
Attorney Mayer states That Mr..
Grcenhmt Did Not own n share of
the stock Before Last Wednesday,
Other Sensations

CHICAGO. I'LL, February 1.-The hear
ing OF motions in the whiskey Trust case
began before Judge Grosscup. In the
United States Circuit Court. this morn
ing. when. after hearing a few motions
in other cases. the Court announced that
Il was ready TO take up the case. none OF
the counsel responded. though all were
present.
Are the receivers in court7' asked the
Judge.
They are" answered Attorney Bur
RE. Both Mr.. Greenhut and Mr.. Law
renee are here"
BE sworn. please" said the Court
Mr. Greenhut was put -n the stand ana
the Judge Informed him that nc "'sneu
10 ask him a few questions on MS own
account. The first question was:
"yon know what buying and selling
stocks on the New York Stock Exchange
isY'
yes. sir
"pd YOU buy or sell any stocks last
Monday Pc
yves l bought lIltt VI l"~i
shares OF Whisky Trust stock
The same questions were asked OF he-
ceiver Lawrence who said he had bought
M stock. nor was he in any way IN
terested in any deal in Whisky Trust
stock.
Attorney Mayer then rose and stated
10 the court that the motion ne wouiu
make would be for the ousting OF he-
oeiyers Greenhut and Lawrence. Just now
he would not make motion for vacation
Of the receivership, though he intlmatea
by his way Of putting 1t that he wouiu
90 this later on.
STOCKHOLDERS COMMITTED
Tn explafning his position Mr.. Mayer
said. "a stockholders committee, COM
posed OF John ID. Hartshorne john l.
Waterbury. and f. NJ. Lockwood was
recently formed In New YORK Tor the
purpose OF making a change OF manage
ment in the affairs OF the Whisky trust
,'bore was 10 be a committee meeting in
Peoria for the purpose OF considering
these matters Mr.. Greenhut telegraphed
IN New York stockholders that Thursday
of this week would be time enough TO
hold the meeting. on Tuesday l re-
ceived a telegram from New York stating
that the stock OF the Whskey trust was
being sold down point or two on the
New York Exchange, and asking me 10
make an Immediate investigation. rms
] did. and found that receivers had peeh
Amounted This was the hrst intimation
we had that receivers had been appointed
for the trust. Telephone communication
was at once opened with Cincinnati by
the New York stockholders, ana MT.
Hartshorne Informed them that he knew
nothing whatever of the appointment OF
the receivers"
Mr. Mayer then told the Court now
the order entered Wednesday, permitting
a committee OF experts 20 examine the
affairs Of the Whiskey Trust, was, as
he alleged. ignored.
He continues: when the investiga-
tors reached Peoria they found the vaults
locked, and considerable wiring had 10
he done before we could get the combina-
ton. Then 1t was found out that man
named Magee had the key Of 80 inner
vault in his pocket. and was out OF town.
When we finally got him. II was so iste
that we had little time 10 make an IN
yestigation. We found out that about
ninety-eight payments had been made TO
Runnells & Berry, the attorneys who
asked your Honor to institute the re-
ownership. although an altogether differ
ent firm acts as attorney for the WINS
key Trust, was regularly constituted
such. and is paid monthly. Now. make
no charges. / merely mention this TO
show the relation between lawyer and
client in this case.
TRUST FINANCES
AS 10 the state Of the Whlskey Trust
financed, we found that, outside OF the
rebate vouchers, three or four thousand
dollars would cover the entire Indebted
Nplcpn Nor
ris an ex-director of the trust, Is largely
interested with Mr.. Greenhut in extern
stva contracts for feeding cattle.
AS 10 Charles j. Heinzheimer and y.
l. Wormser. neither OF them had any
right to sign the petition, nor to have
Il signed for them"
Mr.. Mayer then sprang the sensation
OF the day, when he stated that Mr.
Greenbut did not own a share Of Whis-
key-'rrust stock until after the receivers
had been appointed. 81 believe I am JUS
titled In saving, moreover. that all the
directors together do not own thousand
shares Of stock"
Mr. Greenhut interrupted at this point:
Il wish TO make an explanation. l wish
10 correct my statement that l bought
this stock on Monday. / bought 1t We'd
nesday"
AFTER the stock had been pulled
down. inquired MT. hdltis hlSig
MIR. Greenhut did not answer.
Judge Grosscup said: I would like to
ask you. Mr. Creenhut, If you were short
on Whiskey Trust at this time-before
Wednesday Of this week?
yes. / had a few shares"
"Iiow many
81 can't remember"
WAS II as much as 5000 or 1900
shares?"
Perhaps II was. can't remember
Later on, under cross-examinatiOn by
Judge Grosscup. Mr.. Greenhut acknowl-
edged that he might have had as many as
1900 shares, but he could not tell ex,
actly.
GREENHUT AND MORRIS ONE.
Attorney Mayer resuming his state
ment, said Mr.. Greenhut was interested
IN a number Of companies which fur
nishei supplies TO the Whiskey Trust.
one OF them a coal company. He also
spoke sarcastically OF Nelson Morriss
suit against the trust. and minated
that the interests Of the packer and
President Greenhut were one.
Mr.. Runnells then asserted that there
were about 100000 due 10 the creditors
OF the Whiskey Trust and the receiver
ship was absolutely necessary. Mr.. Law
rence's character had not been attacked.
BILE that a receiver should be appointed
who knew all about the administration
OF the property.
When counsel on both sides had finished
Judge Grosscup said; Il don't see any
necessity OF going into any evidence in
this case. Counsel on both sides do not
seem 20 differ much as 10 the facts. They
only differ as 10 the differences 10 be
drawn isom these facts. l am not pre-
pared 20 say just here whether these
receivers should be ousted or not. but
will hear counsel AS 10 whom they
would wish to be made receivers in case
! should resolve TO GUST Messrs. Green
hut and Lawrence"
Mr. Mayer began 10 speak, when Ma
than Blur representing the New York
stockholders. interrupted:
Il wish 10 say" he began, that the
stockholders whom represent are not
dummies. They are real men. well known
in public affairs in New York. and they
bold a majority OF this stock and want
the receivers uncompromisingly ousted.
] confess was surprised. as. no doubt.
your Honor was. 10 hear that Mr.. Green
hut, while processing TO have the interests
OF the stockholders at heart, was engaged
IN stock jobbing at their expense We do
not deny that this trust needs the pro-