The sun., 1897-12-26

As the posscssor OF full knowledge Of
the past and present history OF the
various gas companies now existing i"l
the purpose of supplying gas ligh, To
the citizens of Boston. propose to lay
before YOU all the facts about one OF the
most startling impositions ever attempt
ed. In proclaiming the New England
Gas & Coke scheme an imposition. am
aware that | am taking Il very gray,
responsibility. am aware that there
are men connected with this rntcrpris
who are entitled to public respect. Not
withstanding this, take the RESPONSE
bilitv Of stating that the New EnglanC
Gas 4 Coke scheme is munStrOllS i'm
position ON the different interested
parties to whom this statement is adj
dressed, and | am ready to justify my
statement in the courts or elsewhere.
Before analvzing this scheme call
attention to the fact The statements
made by me are from my personal knowl
sdgc, acquired as Vice President anC
Director in the several gas companies
and as the negotator of the various set
Elements, deals and reorganzations that
have been consummatcd or attempted in
the b st,n gas field during the past
three Years, AMI as am in possession oi
Che original documents pertaining to "l
connected with the inside history OF the
Boston gas companies. my statements
cannot be rriuted.
The following are the CumranN'<
Odiciai Documents Setting Forth tn,
New England Gas 4 Coke scheme.
'AGEEEMENT nIaGr this twenty
sixth day Of November, in the year l>97.
by and lctwccn IT," NEW YORK CAS-
rRONEMENT COMPANY. Il curpul-
alton created and existing UmIcr the law,
ei the State oi New York hereinafter
sailed the Improvement Company party
of the first pant, and the tENTEN
TRUST COMPANY Of New York, a cor
pora,ion created and existing under tn,
Laws Of the state Of New York herein.
after called the Trust Company. part :
Of the second part:
WHEREAS. tn" said Improvement
Company hH, heretofore entered into an
agreement in writing with the New
England Gas 4 Coke Company. an rIMin-
corp"ratcd voluntary a>>"ri0tion, where.
in and whereby il has agreed to"ndcuNul
to procure Il loan in the aggregate amount
of ST.. OOO uND. tp enable the said New
England Company to purchase and
acquire $500 shares. of the par value Of
500 each. Of the capital stock Of the
BrOOklinc 'aS Light Company, Il cor
pOratiun Of the state Of Massachusetts,;
SIG shares, OF the par value of 500 each,
OF the capital stock Of the Dorchester Gas
Light Company, Il corporation Of the
State Of Massachusetts,; certificates Of
Indebtedness Of the said BruOklinc las
Light Company amounting To 81 ,Gl5,OV
Dar value: Boston United States Gas
Bonds, first series, bearing five per cent.
interest. payable JANUARY !, 1899, to the
amount Of 81 900, 600; 1852 shares, Of the
par value of 500 each, of the capital
stock ui the .Janlaca Plain Gas Light
Company. Il corporation Of the State
of Massachusetts and the entire capital
stock Of the Massachusetts Pipe Line
Company II corporation Of the State Of
Massachusetts and certain real estate
in the town Of Everett near the citv Of
Boston. in said state Of Massachusetts :
and also certain other shares Of said and
other companies carrying on business in
said State of Massachusetts ; and to
enable the said New England Company
10 erect plants Cor the manufacture Of
coke gas and other similar products
upon said real estate in said state Of
Massachusetts which it now owns or
may hereafter acquire, or have the right