New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-02-03
18th St., 10Th St. and 9Th Avenue

were short on wh,skey Trust stock at this time
Before Wednesday OF this week? Ayes, was
short a few shares.
Q.-Was it as much as 5000 or 1000 shares? A
Perhaps IT was; can't remember
Later on. under cross-examination by Judge
Grosscup Mr. Greenhut acknowledged that he
might have been short as many as 1900 shares. but
he could not tell exactly.
Mr.. Mayer. resuming his statement said ina,
President Greenhut was interested In number or
companies which furnished supplies 10 the Whisky
Trust one OF them a coal company. He also spoke
sarcastically OF Nelson Morris's suit against the
Trust and intimated that the interests OF the
packer and Presiden; Greenhut were one
Mr. BURY read long communication on behalf
of the directors OF the Trust denying all charges
of wasteful management, and declaring that " any
mistakes had been made they were errors OF 1udg-
men and not caused by neglect OF the affairs OF the
Trust He declared that the acts OF the directors
In issuing bonds had been approved by 81 per cent
OF the stockholders. and urged that the receivers
be allowed to remain In power especially MI 'rceh-
hut whose intimate knowledge OF the affairs OF the
Trust especially fitted him for the position OF re-
ceiver.
Mr. BURY also read a statement. signed by Di-
rector John Begg l.. H. Green and p. VI. Hen
messy commencing Mr. Greenhu,s courage ana
declaring the Trust TO be In a bad way financially
They gave It as their opinion that 1t was aoso-
lutey necessary for OF the receivers 10 De
man thoroughly acquainted with the affairs OF the
Trust Such a President Greenhut ~as
"can YOU explain about this meeting that was 10
have been held In Peoria" asked the Court
Mr. Bury said that Mr.. Greenhut had done his
best 10 bring about proper understanding IN me
matter but. II seemed had peeh NEUTRALITY-SUSPICIOUS. M
along He continued:
As TO the allegation that has been maze that ar,
Olnstead one OF the petitioners FOR the receiver.
snip G MONDAY nHr the day the bi rccrvershp
was filed. admit he dd not become a. s'9 ,rh
thai he aid not hold stock before that This stock
has banded about the New orS ~
record Mr. Omsiead was put on the RECORDS AZ
holding 500 shares on MONDAY.
Mr. Runnells made a personal explanation as 10
his connection with the case an attorney, ne "''
been in NewYork last week anu "a' s"s, ,s.
retained by Mr. Olmstead He ala not cohs'uer .he
,.ar.s,. ~ Mr. Olmstead and the directors or the
Trust as adverse ,s =. 81. A,
Were you not Mt this time retainer Wy '
rectors to bring about this receiVershP' '"4'"e'
Mr. Mayer. r.,o-,sa
81 am not on cross-examnation now re'o''e'
Nv Runnells. and am answerable only 10 the
Court" 49,, 80. .ho,,
", purne,ls then asserted that there was ABOUT
81 600 900 due 20 the creditors OF the hshey
and that the receivership was aDsou.e'' ,,
Mr. Iawrence's character had not pee' a''
and as for Mr.. Greenhut. !; was au''s"o. '"a.
rece,ver should be appointed who knew I'll aoo"'
49,. incarceration ~ the property. in the absence
=, .ry,h,pp affecting Mr.. Greenhuts character
added Mr. Runnells. I'VE maintain 'ha' 10 49,,
man could have been chosen receiver IMAM ''''
Greenhut." ,.,o.o,os
Indigo f;rosscup asked II there were any ht'''"'e'
IN the Treasury Department or the INTERNAL !"
Rureau which would prevent court '0" ~
,r, IN. Wb,skey Trust through receivers ~ ~
at.vens said that there were not ana eHp'a'" ~
working. OF the Trust at length enu,"s ny 49,
conrennne Mr. Greenhut receiver he INC"
zen, into an explanation OF the occurrences a' ~
ria and denied that there was any 'ht-"''o' -,
hold the books. He accused MI Masei u
connected with outside interests which were 'e.
10 destroy the Whskey Trust MI "ay.' '."r "
~ bs feet and exclaimed: THAT charge - untrue
Recommending this denial Mr.. Stevens reiterated
the statement. When counsel on Dol" ' ~
ished Judge Grosscup said:
don't see any necessity OF gong 'n ,dss do not
dcncc i'm this case. Counsel on both s'crs u only
seem differ much as to the lawn Iae nom these
facts am not prepared to say just here %net NH
these should be otsed or moi .b 70 be re-
hear counsel 10 whom they woua WIZ" cpecnhut
ceivers In case i should remove NESTS "'
and Lawrence.
Mr. Mayer began to speak. when Nathan BUR
representing the New-York stockholdeFs interrupt
ed. saying:
wish to say that the stockholders whom ON u u,g
known In pn nS arnrs in New-York and they hold
majority Of this stock and wan. tne was sur
rised no DOUBT Your Honor hear that
Mr. e s 81 heart 10
stock -jobbing at their expense We 90 ho' covr;
that tina s n no seS ns sfso or but
its managers.
new element projected into the case al ms
point. A. II. Veeder arose and said he Represented
1915 900 OF the bonded indebtedness Of the Trust ana
was authorised to say that the he:ders OF t0ese