Rock Island Argus., 1895-04-18

Aseton for $50, 900 Eaeh-Lively Time ae
the stoekhoiders' Meeting -Greenhut
sobmits n Hot Report and L. ..Bounced"
as Director-Ihe New Board.
PEORIA, Ills, April IS-The whisky
must reorganization committee carried
the annual stockholders meeting of tho
Distilling and Cattle Feeding company
by storm, and when il adjourned b ad de-
posed ex-Prcsident Greenhut, elected a
full board OF directors and empowered
the board to take any necessary action
toward recovering from the trusts last
officials any property that may be due the
corporation. But Greenhuf was not at
all docile, being present at the meeting
with objections at every turn; refusing
to resign as director, and before adjourn.
ment he personally superintended the
serving of papers in eleven libel suits Of
10000 each. The suits were served upon
the members Of the reorganization com.
mittee: r. b. Hartshorne. John I. Water.
bury, +. w. Lock wood, Jules Bache and
W. F. Hunton, and upon Attorney Levy
Mayer, of Chicago; Attorney Nathan
Blur. of New York; Receiver John Nc
Nulta, and the three experts who have
been examining the trusts books.
Made Things Lively Generally.
The ex-president further made the ses-
sion interesting by reading a decidedly
warm annual report and by intimating
that he intended to fight the new man.
agement to q finish. The first sign OF
the war that was coming was a motion
by the reorganizers that last years min.
utes he not approved, which they carried,
the only opposition being Greenhut and
his son ami their attorney, William Jacks,
representing in all l. ll9 shares Of stock.
The designations Of several directors were
then read and accepted, Greenhut stating
that they were submitted in consideration
that he retain his position as a director.
The report of the president was next in
order, and was the more interesting in
that heretofore Greenhut has steadily re-
fused to make any reply to the charges
that have been spread abroad against
him.
Denies All Charges Absolutely.
He began his report with a asweeping de-
nial of all the charges, declared his &C.
cusers to be slanderers and falsifiers, de-
MED absolutely all charges Of mismanage-
ment, and asserted that the present re-
ownership is proving disastrous to the
comn,nv The renort saws. "The recent
v.ry ,,oner,I and tho oft reneated accuso-
tinns and cbaryes aoainst myself and feI.
low dircc,or. wisb here To stigmatize as
foIso malicions and nntrne and trust
that tiu,e and opnortunitv will soon be MT
bnna when the utter gro,ndIcssness of
these sIanderous charges can and will DO
cstab,;s,el and tho slandarers deal, with
.s ,ho,. ,ios.rvo dcfv ,nv ono to nrove
.nv w;,IfnI mism,nagemcnt or misan.
nron-;ation Of tho comn,nv,s funds or
that or nnv Of the directors have becn
norties To nnv contract or contracts for
our personal benefit detrimental to the
best interests of the company, or that any
of the official statements which have been
pivcn tn Stockholders from time to time
were otherwise than true and fully war.
ranted by the facts when the statements
were made"
Make. Charges Against the Coumittce.
Greenhut then charges the present con.
trollers with having obtained control by
means of false charges, end with being
the cause of the company now being in
the hands of receiver for which NO
.;-, ..r., carr,- ON, ,L.;, ,,ro,-.,,,r,o
anu give "pp''rens ''u anu coiof