San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1897-09-17
THE BIG GROW SUIT
The Crow ROtChkiSS Con-
trOVerSy Settled.
MRS. H0TCHKISS GETS HER
CONTENTION AND CROW
MANAGES.
Suit Grew Out of Differences Over
Millions Advanced For New York
Water Supply And The Con-
SideratiOn Of Three Gil
gantic Companies

New York, Sept. 1.-THE World
prints the following:
The suit of Moses P.Crow, represent
ing the New York and Westchester
Water company, against Mrs. Maria
III. Hotchkiss and the late Joseph
Richardson, involving millions of dol
lars, which was to come before JUS
tice Lawrence, has been settled as far
as Mrs. Hotchkiss is concerned.
An understanding, it is expected,
will also be arrived at with the Rich
ardson estate.
By the terms of the settlement, Mrs.
Hotchkiss will receive in addition to
her present holdings of. $4,000, 700 of
the stocks and bonds of the Wset-
chester Water company, the New York
City District Supply company and the
Upper New York Water company
further block of S1,6O0,00O of the Sc
curities of the Westchester company.
An issue of bonds to the amount of
81, 100000 will be made for improve
ments and for the settlement of the
company's Indebtedness. Mr.. Crow
will become manager of the company.
The suit of Mr.. Grow grew out of
his attempts to obtain control of the
Westchester watershed and eventual
ly to reach back into the Adirondacks
Cor tho -fssAr--~--~S~f-fsfy or-xScw --r0rn
City.
He organized three companies, the
New York and Westminster, the New
City District Water Supply company
and the Upper New York Water COM
pany, with an aggregate capital of
100000. He also secured control
of the Pocahontas Water company.
For the year 1891 Mrs. Hotchkiss
has been interested with Mr.. Crow in
this project, furnishing large sums of
cash towards the construction of the
works.
In 1895 Mr.. Crow received a plan
of consolidating the companies and
the first step was to increase the cap
italization of the Westchester COM
pany from 100000 to S10,000,000. 1t
was then proposed that Mrs. Hotch-
kiss should furnish a large part of
the capital to accomplish the CONSOLE
dation and to buy out the Pocantico
company. Richardson was also en-
listed in the scheme.
Mrs. Hotchkiss, it was alleged,
signed an agreement to carry out her
share of the undertaking.
In Mr.. Crows suit he alleged that in
compliance with the agreement and in
payment from cash already advanced
he turned over to Mrs. HOtchkiss
bonds and stock in three companies
Of the par value Of $4,909.700 and to
Mr.. Richardson stocks and bonds Of
the par value of $250,000.
Mr.. Crow also said that Mrs. Hotch-
kiss furnished only S1,160,000 in cash
and Mr.. Richardson contributed only
$4,000 in cash.
When demand was made on them
to complete the contract Crow alleged
they refused to furnish the 100000
necessary to carry out the scheme,
saying that unless they received addi-
tional securit in stock and bonds they
would institute foreclosure proceed
ings for the bonds held by them.
The defendants were enjoined on
November 4, 1896 from disposing of
any of the securities, pending the ac-
ton and the case finally came TO trial
on January is last, before Justice
Lawrence.
Mrs. Hotchkiss, widow of the gun
inventor, is over 40 years of age.
Joseph Richardson, who died few
weeks ago, was 50. He left over $780,
100000 which his widow, son and
daughter are now fighting over.