The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-01-10

trustee named in the mortgage; that he
retained $780, 900 to protect the first mort
gage bonds, and the remaining 100000
were turned over by the trustee to the
treasurer of the company.
Henszey makes further answer to
specific charges as follows:
/. That the charge that he had no
experience in mining affairs previous to
his connection with the mines at Cum
mock is not true; that before his coming
to North Carolina he had ten years ex-
perience in gold and silver mines on the
Pacific coast and with copper mines on
Lake Superior; that he has been con-
nected with the Cumnock mines seven
years; that it is not true that he has been
employing incompetent help; that the
management of the mines has not been a
failure; that under his management
$1O00 900 has been expended in buying
new machinery and putting the mines in
proper condition.
.. That it was never understood that
bills paid by the treasurer should be APP
proved by the president.
3. That it is not true that the receiver s
general agent, Caleb +. Pendleton, is in
competent for the position he holds.
4. That the fans in the mines were
| insured to the full limit to which they
could he insured in reputable company,
| and after their being burned $495 was
received for them; that the ventilation
OF the mines is better now than ever be-
| fore.
| 3. That the receiver~~ourts the closet
scrutiny rs to the allegations concerning
the amounts paid to the receiver. In adj
dition to paying his own salary as allowed
| by the order of this court, he has paid
! his necessary travelling expenses, as he
| is expressly permitted to do by the order
appointing him receiver. He has EN-
ployed Miss X. X Waite as secretary
aud stenographer. the same position she
| occupied under the management of the
| petitioner, Samuel L. LangdOn, but this
respondent pays her a salary Of $50 per
month as against the sum OF 800 per
month paid to her by the petitioner when
he was in control OF the property In
addition to her salary for the first quar-
| ter this respondent used in the payment
| Of his taxes, as receiver, a county order
| belonging TO her. and made small pur-
chases from her or supplies, all OF which
| appears properly accounted for in the
account of the receiver filed in this cause
and makes up the sum paid to her as
stated in said account
| 6. That he has not used the proceeds
| in anything that is not necessary for care
and protection Of the property and its
| present operation.
| Z. That Mt no time under his manage
ment has the robbing Of pillars and walls
been permitted
| 8. That S. =. Langdon had 50 managed
/ the affairs OF the company as to entirely
break down it's credit and make it i'm
possible to buy goods on credit, and not
having the cash the receiver used bis
certificates.
| 8. That the wages of miners were nj
| lowed to get in Arrears because of fail
ure 20 further negotiate receivers certi
| ficates.
| 10. That allegations in regard to bust
ness men in Philadelphia and elsewhere
not having confidence in the receiver, are
not true. Certificates Of well-known
business men Of Philadelphia are attach
ed to the answer in support OF this state.
ment.
H. That the receivers certificates were
sold under order OF court and by advice
of counsel and OF Langdon himself