Delaware gazette and state journal., 1896-07-23
nnEWING 90. cAsE.
No New Directors to be Elected Until
Chaucery Proceedings End.

No New Directors to be Elected Until
Ohancery Proceedings End.
The hearing before Chancellor Mich
olson on Saturday in the Hartmann g.
Fehrenbach Brewing Co. case termi.
mated in an agreement between counsel
that the annual meeting of the Brew
ing Co., on July 30th. would not elect
new directors and officers, but would
adjourn until the chancery proceedings
In the suit between John g. Hartmann,
ct al, and Security Trust aud Safe
Deposit Co.. as trustees under the
Hartmann will, should be concluded.
The matter came up on the petition
OF the trust company, as trustee under
the Fehrenhach will. Margsretha
Fehrenbach, widow OF the late John
| Fehrenbach, for herself ss beneficiary
and as guardian for the minor children
| Of Annie NJ. Schuler, deceased
daughter of John Fehrenbach, Emma
| L. Ayars and. Charles Fehrenbach,
| two other Fehrenbach minors, and
Thomas Reardon Joined the trust com
puny in the petition. The petitioners
hold or represent SIG shares OF the
brewing stock. The trust company
holds T9S Hartmann shares.
The petition sets forth that since
tho granting OF the preliminary injunc-
tion against the trust company, trustee
under the Hartman will, in March last,
John G. Hartmann, j. George Fehren-
bach and Charles A. Schaefer. three
OF the directors of the brewing COM
pany, have attempted to so alter and
amend the bylaws OF the company as
TO take away from the trust company
and the stockholders iheit vested
rights.
Those changes were made on June
lst, and provide that five shares of
stock shall ontitle each holder to one
vote and that no person holding over
five sharos shall have more than one
vote.
The trust company for the Fehren.
bach estate and Mrs. Fehrenbach as
guardian, cannot transfer their shares
and together they would only be epti-
tied to three votes, though holding $40
shares.
The petition states that John G.
Hartmann and other Stockholders have
caused TO be issued TO each OF the fol-
lowing named persons five shares of the
capital stock Of the brewing company
Louisa q. Schaefer, Florence A.
Haist, Mary A. Shaefer, Henry @.
Schsefer, Walter f. Schaefer, Louisa
o. SchRefer, Harry A. Beeson. X. b.
: ChilIas, John Hartmann, Clemens
, Stol2, Frederick o. Roemer, Frederick
Q. Wolf, A. L. Bucher, j. 4. Dickey,
Peter j. Ford, Walter II. Hayes, James
W. Ponder, Samuel Isenschmid, Fred
erick @. Beck, Louis Yetter, Hiram
Kimble, Franklin j. Murphy, Harry
; b. Stradley, Frank M. Sewer, j, Clif.
{ ford Mecannon, Henry M. Armstr ing,
Charles Yetter, John Conrad and Johr
Wagner, thereby creating 81 new
shareholders in said company, each oi
, whom would be entitled 10 one vote al
I said annual meeting. These new stock
. holders, holding l5l shares, could out
. vote the trust company as trustee undel
the Fehrenbach will and Mrs. Fehren
4 bach as guardian, with their 5i(
shares.
4 Benjamin Nields, solicitor for th,
3 trust company, Withdrew his motion
. for dissolution of the preliminary in
, junction and the proceedings in tina
behalf were discontinued. JohE II
y Rodney was, by agreement of counsel
/ appointed examiner TO take testimony
o on tho main issues of the case. Chan
o cellor Nicholson will, at an early date
r fix time for the closing of the testi
r | mOny,