The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-28
TACOMA'S ROLLING MILL.
Investors sue the Company for Dam
ages, Making sensational Chnrges.

Tacoma, Aug. 21.-Special.--Anothe SEN
sational suit involving the Lake View roll
ing mill plant was filed in the superior
court his afternoon. The suit is the re-
suit of the disagreement between the own
neTs OF the plant and W. q. Peters. vice
president of the Columbia National bank,
and r. r. Lehman. Messrs. Peters and
Lehman are plaintiffs In today's action,
and Richard Brown is the defendant.
Broken faith is the chief allegation in
the complaint. The plaintiffs admit that
they purchased land and ty a liberal sub
sidy induced the location Of the plant at
Lake View. but clam that all Of the con-
ditions of the agreement have not been
fulfilled and that they are losers nv their
investment in property there. \ demand
is accordingly made Cor S75.i0o damages,
as they allege. to reimburse them 20: their
land purchases.
II is charged in The complaint that Mr..
Brown, the defendant, possessed an I'M
productive aud proftless rolling min plant
nj Burlington. Ia. lie accordingly enploN
ed IT. G.. Hamilton, NJ. Z Evans IN l -. NJ.
Campbell. all of Youngst M, -. 20 visit
this state for the purpose Of securing a
subsidy for the remoFal Of its plant TO Ia
coma. The agents visited the plaintiffs
and induced them to enter into a cont act
by stating that the mill VAS capable Of
turning out eighty tons nf finished product
per day. and when erected h"rs weld rep
Plans w6ye produced. u = claimed, show
ing six large buildings the l1t%cst of
which : TO be COO feet long and 100 feet
wide, which would be constructed here.
and represe ntations ware inade that for
Of land would be neais. while lGo men
the requirements 3f t,'o plant fifty acres
would be rechl1rlv employed and thc pay
roll would reacn S109p9 a month. THE lie
fendant was said to have n credit Of 5000
GOO, and II was claimed he would ftl pish
all the money necessary TO keep the plant
in operation until it would ray its own
way.
In addition 10 this. SAYS the complaint.
1t was represented that many wealthy
men In the East were waiting for the or
ganization Of the company to purchase
large blocks of stock: that the defendant
was owner of a nail factory near Chicago
employing 10 men. and this plant would
be moved Out and worked in connection
with the mill that Evans and Hamilton
were owners of a wagon and carriage
works at Fredonia. o. which they would
move TO Lake View, and that numerous
other manufacturing plants would follow.
Believing these promises the plaintiffs,
according TO the complaint, gave cash
subsidy of s25.e00 and fifty acres Of land.
For this purpose they purchased 1890 acres
at Lake View for an agreed price of Sitsl.-
0No on which they have already paid s3n,
00o cash. An arrangement was also made
between the parties whereby the profits
from the sale of lots were TO be divided
between Richard Brown. the three alleged
agents and the two plaintiffs. Peters and
Lehman also agreed to induce other prop
ertv owners at Lake View 20 donate land.
The promises made by the agents, say
the plaintiffs have not been kept. Instead
Of an eightv-ion mill one with a capacity
of but thirty tons day has heen erectt 4,
and il does not represent an outlay Of
more than $40 ~. The buildings have not
been put up. the payroll docs not exceed
g so a month. while the nail works. ear
riage factory. etc, are stili far of on the
dim and distant shore Of the future,
Seventv-tive thousand dollars Is demanded