New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-05
no MAKE IT UIRM FOX GKELNHt l.
A COMMITTEE OF DIsTiIiLNG AND CATTLE FEED
ING STOCKHOLDERS TO INVESTIGATE TIE
coypANY's AFFAIRS HIGIpiY.

, coNNITTEE OF DIsTIIi.ING AND CATTLE FEED
ING STOCKHOLDERS TO INVESTIGATE THE
coMpANY's AFFAIRS HIGIprY.
The affairs u the Dstllling ana 'atue Fe'''hs
company are 10 be investigated. ana sirohS COM
rnIttee representing the stockholders has been APP
nointed This committee consists Of Hichhrh H.
uar,shornc Of no Is Wall-st; John /. Waterbury
rosident Of the Manhattan Trust Company: T. VI.
.ckYoo1 of NO Exchange Court. and T. II.
vor,uor,h The following statement was sent to
Tho Stockholders yesterday by this committee:
Upon the request Of the holders OF more than One
,bi,I ~ tho entire capital stock oi IN" DiHtlihhs
and cattle Feeding Company. the undersigned nave
consented 20 act as coniihs'"r l" "n,' '1n'
inci Inc interests II tho socknoiler 2ni 10 secure
ec', , 20. ~ management Counsel for the com
cld''Sa , already taken steps defend the
nany I'm legal proceedings now p'rInH' arn ar pre-
Pai hs,c1 adyisabc \ circular l. 40" IA prep1ra-
,lon for further Information, Whch WIZ p' Tor
U,rled 10 stockholders. with proxy ~ favor "i
this committee 10 bc voted AT the coming annual
election.
y c,oenhut president OF the company. TO retire
I, is asserted by the stockholders that MI Green
hn, has been paying with the stock Of tn" COM
many and that In order to get the pric" al auI'-
abe figure he sent out statements about the ''hn'-
,,on Of the company calculated To depr"HS l'S H''N
II IL asserted by the stockholders thht the com
a,, b.s bocn badly and runOisly managed anu
cha, a rigid examination will now be begun to anu
on, tho inside workings Of the company II was
cold IN Wall street yesterday that counsel for the
s,ockholdcrs had gone to the West. ana thai i"Sa'
proceedings would he begun to compel MI "rerhhut
10 abow the books OF the company 49,,
recent circular issued by the company SAN
after sneaking of the failure oil the company 10
take The goods out % bond before the Increased
duty went into effect and the consequent ruiD i1-
rsssment of the trust that the company needed at
least SOoe additional working capital. ana Sl,"nVb
additional capital for the purpose OF hlSrlhhuns
| goods in Eastern territory. Money must also DE
nrovided 10 cancel the Leases OF Idle properties Dl-
| rector. saw that OF course reorganization Implies
that stockhoders viii elect such new directors az
will s,li, them" At that time three plans ior tho
Concentration OF the company were presented. but
| none OF them were received with any favor by The
| stockholders.
| Cincinnati Jan. 4.-Ycsterday afternoon several
| men representing some OF the distcres which
| under the terms of lease 10 the Distlng and
' Cattle Feeding Company. were dsmantled, met 10
| resolve upon what action II necessary to protect
| their interests They believe that under the pro.
| posal OF reorganization their rights viii be vio
lated and their property placed In jeopardy. So
10 forestali any movement against their interests
! they have decided to retain counsel first obtain
| ing an expression from those not present at III,
| meeting who sympathze. but are not disposed 1,
be known publicly. Money. too. will be forth
| coming In any necessary amount. Another meet
ing will be called by the chairman after consulta
| ton with others Interested.