The Indianapolis journal., 1895-02-02
WHISKY TRUST BOOKS
STOCKHOLDERS Committee TAKE
THEM FROM PEORIA TO CHICAGO,
To He Used i'm Evidence Against the
DirectOrs-Sensationa Allegations
to he Made To-Day.

PEORIA. H.. Feb. 1.-The committee of
experts which came down from Chicago to
look into the books of the Whisky Trust
returned on the late train tonight They
claim to have secured evidence that the
company was solvent, that no receiver was
necessary. and that Mr. Olmstead became
a stockholder of record only a few days be-
fore the application for a receiver was
filed. They assert that testimony will be
introduced in court at Chicago tomorrow
to show that Olmstead, who is a clerk in
the office of President Greenhuts brokers
in New York. became a stockholder of rec
ord in the company only few days before
Runnels and Gerry filed application for the
receivership in his name. President Joseph
b. Greenhut. who was appointed one of the
receivers. has, according to the examining
committee. drawn, beides his salary of slO,-
600 as president, one of 5000 as manager
of the Great Western distillery. one of the
trust plants; besides various profits from
cooperage and other contracts. 1t is as
serted that a more complete examination
will show that others of the officers and di-
rectors haye been receiving very handsome
remuneration for their services, and some
of them have been paid large salaries for
managing distilleries which have been closed
down.
On the other hand, the friends of the
management declare tonight that all the
talk of the committee is newspaper talk
and that at the proper time the manage
ment will be heard in court and in no un-
certain manner. They declare the investi-
eating committee will be forced to prove
its assertions of mismanagenent, and as
sert positively that no irregularities have
been found IN the reports, notwIthS tandlng
statements to the contrary.
"A report publsned to-day that attorney
Nathan BLUR, OF the stockholders coinlnit-
tee. rad been refused access to the books of
the Distilling and Cattle Feeding Company,
and had been ordered to blow the sare OF
the company in order to secure them created
a great sensation Throughout the city this
evening. Mr.. Blur wnen seen to-nlgnt de-
MED that there had been any difficulty and
Ben Greennut. VINO was in charge of af-
fairs at headquarters, confirmed the state
ment. The stockholders committee, Mr..
Francis w. Holbrook and Ira A. Cooper, OF
Chicago. the last two expert accountants,
arrived here shortly after o'clock this
from Judge Grosscup, commanding that the
books be shown them. An hour later they
and exhibited the order from Judge Gross
cup. Mr.. Greenhut declared that he could
not produce ,S the books IL as 1T Thomas r. Ma
ing the combination of the vault was out of
the city and 1t was not known when he
ceived by telegraph, but only a few of the
books could be secured. The remainder
were inside the safe. the key of which Mr..
Magee had. He arrived home at 4 o'clock
this afternoon and the safe was immediate
~ opened. The books were turned over to
at work on them. At $50 rest was taken
for hour, after which the work was re-
sumed and there was no cessation until
IL 40 p. m. It carried as passengers the
members of the investigating committee
todian of the books which will be produced
as evidence in Judge Grosscup's court at 10
rom se n udse to
Attorney Blur was seen when he left
headquarters this evening for supper and
though necessarily hurried. had been emf
nently satisfactory. 1t was impossible to
make a close examination of the many books
in the time allotted. This would require at
least ten days. But the experts had done
the best they could. Concerning the results.
though the evidence they sought had been
secured. There were no proceedings in the
oen It IS asserted that "a hs
stockholders committee. headed by attorney
Blur. came here for the express purpose
of securing evidence to show. collusion be-
tween members of the board of directors
in the receivership matter, and in this, it is
said, they have been successful.
Meeting of Directors.
CHICAGO Feb. president j. B. Green
hut and his colleagues in the management
of the Whisky Trust were putting their
heads together at the Grand Pacific all
to-day and this evening. The secret council
was made of the president, Vice President
John Beggs, Treasurer Hobart, directors
Green and Freiburg. of Cincinnati, and
Director Hennessey, of Chicago. They had
come to the city at the order of Judge
Grosscup, who had expressed his intention
the insolvency of the company. And they
of hearing what they had to say about
were celebrating as to what they should
tell him If called to the stand tomorrow.
Attorney stevens. for the Trust, was clos
eted with them and the receivership pro-
ceedngs were fully discussed. A number of
affidavits were drawn up and will be pre-
sented in court tomorrow morning if called
for None of the directors would discuss
the meeting but it was understood that the
afiidavits followed the line OF the circular
issued Dec. II, declaring that the company
had exhausted its credit and was unable to
continue business although there was
money in the treasury. II was also said
that a resolution had been passed eonl-
manding the steps already taken regarding
the affairs oe the company.
Train Robbers Still Mt Large.
TUCSON A. T., Feb. 1.-The daring ban
dts who held up the west-bound overland
train near Wilcox are still at large and the