The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-02-03
egEENHUT WORKS ALLY GAME.
THE WHISKY RECETvERsHIP A
SCHEME 10 BEAR THE STOCK.

,ouncement of the appointment
of the Receivers-BefOre That He
pidn't own share and Was short
on the Market.
chicago. Ill.,, Feb. 2.-The hearing Of the
r-a9as in the whisky trust case began
tsf9rs Judge Grosscup in the United
states circuit court this morning. When.
after hearing a few motions in other
cases the court announced that he was
ready 10 take up the case. none of the
c9uns-' responded, though all We're pres
ent.
Are the receivers in court?" asked the
judge.
@They are" answered Attorney BURY.
Both Mr. Greenhut and Mr.. Lawrence
are here"
BE sworn please" said the court.
Mr. Greenhut was put on the stand
and the judge informed him that he
v.shes to ask him a few questions on
his own account. The first one was:
oYou know what buying and selling
stocks on the New York Exchange is?"
YES, SIR
Did you buy or sell any stocks last
Monday"
yes. bought 5000 or 1900 shares Of.
whisky trust stock"
The same questions were asked Of Re-
1 ce.yer Edward NJ. Lawrence, who said
+ he had bought no stock. nor was he in
any way interested in any deal in whisky
trust stock.
Attorney Mayer then arose and stated
4 70 the court that the motion he would
make would be for the ousting of Re-
ceiyers Greenhut and Lawrence. Just
now he would make a motion for the
vacation Of the receivership, though he
int.mated by his way of putting it, that
II he would do this later on. In explaining
his position. Mr.. Mayer said: "a stock
holders committee composed Of John D.
haTtshorn, John l. Waterbury and f. NJ
Lockwood was recently formed in New
York for the purpose Of making a change
Of management in the affairs of the
whisky trust. There was to be a COM
muee meeting in Peoria for the purpose
Of considering these matters. Mr.. Green
hut telegrahed to New York stockholders
that Thursday of this week would be
time enough to hold the meeting. On
Tuesday ! received a telegram from New
YORK stating that the stock of the whisky
tras, was being sold down a point or
two on the New York Exchange, and
asking me to make an immediate inves-
tgaton This l did. and found that a re-
celFer had been appointed. This was the
hrst intmauon we had that the receivers
had been appointed for the trust. Tel
eIhonic communication was at once
opened with Cincinnati BY the New York
stockholders, and Mr. Hartshorn in
formed them that he knew nothing what
ever Of the appointment Of the receivers"
4r Mayer then told the court how the
ofder entered Wednesday, permitting the
committee Of experts to examine the af-
lalrs Of he whisky trust was, as he alleg
co. ignored. He continued; ''When the
Investigators reached Peoria they found
lns vaults locked and considerable wiring
Aac TO Be done before we could get the
combination. Then it was found out that a
man named Magee had the key of the in
hsF vault in his pocket and was out of
loVn When we finally got him il was so
4ale mat we had little time to make an in
'eslgadon. We found out that about
MAely-eght payments had been made to
tunnels & BURY, the attorneys who ask
"a your honor to institute the receiver
mp although an altogether different firm
eeS as attorneys for the whisky trust, was
regularly constituted such and is paid
loAlhIN. Now, / make no charges. l
merely mention this to show the relation
'e.~een lawyer and client in this case.
as 10 the state of the whisky trust f.
aaaees we found that, outside of the re-
oa'e vouchers, 5000 or $4,000 will cover
Ie entire Indebtedness. We further find
vac. Nelson Norris, an ex-director of the
-1sl vs. largely interested with Mr. Green
n.y. N extensive contracts for feeding cat
~, AS TO Charles ]. IIeinsheimer and S.
= normser neither of them had any right
for them"
Ar Mayer then sprang the sensation of
Ae aay' in which he stated that Mr. Green
1-l ola not own a share of the whisky
- STOCK until after the receivers had
"a aDpo'nted. Il believe l am justified
saying, moreover that all the directors
sg.lsr DO not own a thousand shares of
~ ~ Greenhut interrupted at this point:
"isA % make an explanation. l wish
s'.2 .9Ifeet my statement that l bought this
5sya a On Monday. I bought it Wednes-
after the stock had been pulled DOWN."
A4alFed ,4t Mr.. Mayer, dryly.
1l', 1 Greenhut did not answer
Soogs Grosscup said: "I would like to
~ o-A .. y'a Mr.. Greenhut, if you were short
whisky trust stock at this time. Be
Wv nv Wednesday of this week?"
..l-, les, mad few shares"
How many?"
! can remember
..n as Il as much as 5000 or 1000 shares?"
r.eiAaps 1t was. I can't remember"
r--1eI on, under cross examination by
se Grosscup, MIR. Greenhut acknowl-
!, 7.u mat he might have had as many
actly. az oO"iN 1O' 'eii ca
nsa. n.,,.'lney Mayer, resuming his state
So So sa-d President Greenhut was inter-
f. fl " number of companies, which
~. l9aea supplies to the whisky trust,
gr,,,e VI them coal company. He also
M. saTeastically of Nelson Morris
n saHat the trust, and intimated that
5s1 U.sFests of the packer and Presi-
H. GI7enhut were one.
on hg DagIy read long communication
dr. 9slaii Of the directors of the trust
de- an The charges Of wasteful man
tsks. ana declaring that If any mis-
a nave been made they were errors
Of =pleal and not caused by neglect
M aLdils Of the trust
vas t-,-HAsels then asserted that there
ot ,la4s a1o4s sl000 900 due to the creditors
eas "I-sky trust and the receivership
renea,s a25..'ely necessary Mr.. Law
ana ID sHaracter had not been attacked,
Il. l.