New-York tribune., 1896-10-05
,,oorr BROTHERS RESPONSIBLE
r,,voxD MATCH COMPANY WILL DECLINE ~
r,,r ,7os 7e7 OF STOCK BOUGHT on NAi'''NS'

.,,, v,rc.u COMPANY WILL. DECLINE !"
.,,r ,7os 7G7 OF STOCK BOUGHT ON NAi'"iN''
~ no, "A morning paper says; iteS'
=. u,rlcr Of the Diamond Mitch ,"'"
oonv I'm "A circular 20 stockhou''' ~, as ,is
,..,,od I'm the next day or t"o' VIII " a., ,h,
,,or that the s79s.'6I when was W." 20 s ~
,,. pro,bcrs az margins on the l'''' S"'
Moo'' ..d for the account OF the company
9'o tie used and that II Is IA claim "h''''''
n Moore brothers which VIII pe " ,,
,nr, until # is lquidateG Ii'sioc"' '"' r,,.'.
- ,bo stockholders also report ,''' ,''', -,
,,,,,or the new director and geherai c""' ~,
49,, oonnanv I'm which Mr.. Walker t"'' 80
VI, ,ha, notes issued by the Diamohd .'i'''"
",.a,v we're issued without autho'l'S' anu
, woorcs may be held liable Tor 'hc "'"o"''' " =,
,,,,,,,r also SAYS the Diamond M"'o" '"''
VAN" -, lac held to be implicated III any vi
49, ,oc,,lativc transactions oil IN" Moo'" -,
'he ru ex,cnt of It's liabilities. he says ~ ''e
anu w -, the notes issued and discounted Il, '"e
annTs The company. in his opinion Is no' oo', ,-
" ,akc the stock bought on margins III '''o ""'' :,
~ I * Robinson trustee ""' "
,ho diamond Match Company ,
,,., marks what Is believed 10 De 'h' "'s"'''''e
"', ~, r,r,,,re between O. &. Barber ana the
go, hrothers who have unul the n"s' ''
,, worked hand In glove In DlaHohu 'i"'.n
.,a,rs The circular which fresneh' ""'o. "'''
ar, ,ho stockholders opens with the s'"'e'e".
s'''" = ,s due a report showing the cohditioh Oh
a,,,nv after the recent IaliuIe vi INV ''o' =
'"' Who are officers OF the company anu
o,hods I'm stock speculation nave caused
Iees unfriendiy criticism In continuing
president Barter says -, -
-, involved withdrawn by them from
, lhc hcmmanv % while acting as oihceIs anu u.s." -
thc co.i rpin their purchases OF stock vi nS
them 10 a. s7gs 1g7 II. This is the amount OF thei
COMPANY 10 the company, ana IL Will ne nero
indeDl."t ta,n until IL Is quidated We are not Ger,
against . ~ whole amount II lost but are nOpeiui
talii INC, ,,av recover part II h"i All oi sucH m
that W. ni"' rh,rc can be reason whatever Tor
debtedhcssI hv the stockholders who hold their
hPP, CO.. Investment. The retirement OF 'hc MOOT
etock III nWc,al connection with the company mas
iroIil IA ~, nubic confidence. ana even az thls carry
incrctii arc evidences or substantial improve
| ment Of conditions - ,..., .
" r, ronor, of Mr.. Walker Is an Interesting one.
-" 4, detail his views Of the transactions.
iic s' ,h, the shares OF stock had been bought
| w r,,rs and that the proceeds of the notes
o -, ,ho Moore brothers had been used In the
l.,, - such margins He says the result OF
pay ,,o,,on made by him at the request OF the
ti'o i" 80 D,roctors was that the stock had been
~,. ~ "a that the notes had been issued and dis
,a ,yi,hout authority OF the Board or or any
| count.u W - The Board. briefly stated your com
&C. In nowise implicated IN any OF tne rahsac
pany Is vi ,hn Noores connected with their specula
| tions OF ''. themes "If during the time they had
tioils, "ficia position and had been entirely dis
| helu no rror the company, the relations OF al
conhect.,u ,yould have been precisely the same as
ne paIuo o,s They did not. and could not repre-
they nv NV comnany officially or otherwise In any OF
| . sel't W., ,n',rchases speculaiions