The Washington times., 1895-04-13
WHISKY TRUST DISSOLVED
lis Legal Existence Terminated
By Judge ShOWaIter.
CONSENT OF ALL CONCERNED
Receiver MeEulta Approved the Suit Which
Brought About the End-Direcfors Aban-
doped Their Trust and Paid No Attention
to Its Afairs-The Charter Of tho Com
pany voided Property to Be Distributed.

Chicago, April 12.-The properties OF
the whisky trust will be sold TO the highest
bidder. Judge sbowalter, OF the United
States circuit court. in an order issued to-
day admitted that the trust no longer had
legal existence.
Irs board of directors was charged with
having deserted its trusteeship, that it
had no quorum, and any election OF new
members of the board would not enable
them to ire-ac;qaire the property from the
receiver.
The court directed that the receiver sell
the property, land that the proceeds be
distrlbdUed' among those entitled thereto"
The attorneys for the Greenhut faction,
and for the stockholders, consented to the
action of-ti1e court.
The bill upon which the order was
based was brought before Judge Showal-
ter at 3 O'Clock in his chambers. 1t was
an application for a receiver by Stephen
ID. Bohr, of New York, the owner of 500
shares OF stock; ID. @. Bennett, OF Albany,
NJ Y, owner OF 500 shares OF the stock
of the DistiHing and Cattle Feeding Com
pAny. The three petitioners are repre-
sented by their counsel to be men outside
of the organization.
81 cannot tell you what influence there
is behind the filing of the biIl," said
Attorney Gresham, who represented the
petitioners, whether incited by Mr.
Greenhui's people or by the others. The
bin speaks for itso II. Receiver Nc
Nulta was aware of the purpose OF the
bringing OF the suit, and he approves OF
the course taken.
CONSENT OF ALL CONCERNED.
''The old trust management, by its at
torneys, consented, as did the stoctthold-
ers The fact is. nothing else could be
done. The charter OF the company is
voided, the property is in the hands Of
tBe,United States, and there could be but
one course TO be pursued, and that is the
one set out in the bill"
The divergence in this bill from the orig
iIfal bill begins with recital that the last
meeting of the board of directors of the
trust was held February 1. Since then
the directors have abandoned their trust
and paid no attention to its affairs, IL
claims, the sole management being in the
hands OF John McNUIta, the receiver.
The resignation Of Nelson Morris left
the board consisting OF MessB. Greenhnt,
Hobart, Greene, Frieberg, Hennessy and
Beggs. On April g, the complainauts aver,
Hobart Greene and Frieberg resigned.
There are bat three directors left, and the
quorum, that they cannot fill the vacancies.
ATTACKED THE CHARTER.
The bill then reeites that the attorney
general of the state, by quo warranto pro-
ceedhIgs. attacked the charter of the trust,
and that the lower court held that it was
forfeited, and the issue is now pending be-
fore the Supreme Court of the State.
The attorneys were with the judges for
over an hour.
There was no opposition to the bill, :"
said Mr. Gresham, after the attorneys left
the Judges chambers. Judge Showalter
was not acquainted with the details of the
iSsue as il GtaIIls before the court, and the
time was taken up in acquainting him with
such Information"
'WeTe, the designations Of Directors Ho-
bart, Greene and Frieberg made in order 10
furnish the ground for the charge in the
bill that the board had no longer legal ex-
istence?" was asked.
Il do not know the motives which influ-
enced them to resign"