Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-09-22
HARD STRUGGLE
OVER A TRUSTEE
John Becks Creditors Preparing
for the Fight on Monday
STORMY SESSION IMMINENT,
rir. Neck, ~ the Preliminary Meet.
Ing, contends that ne Was iiobbcd
Candidate. tor trustee,

Monday morning at 10 O'Clock. Do tho
office OF Referee Baldwin. the creditors
Of Mr John Beck wIu hold 90 meeting
for the purpose % choosing u trustee.
10 iH expected that ntbur stormy
session Will cnIue. uH the claims or
many 20 vote are disputed. According
70 law only unsecured creditors mIy
vote. Cunningham claims Go %. uH.".
cured aa does Ma. Annie % IIyI. lHI
others. AZ Dr as Is known tHHre ar
four candidate Cor tho position of tf1H-
Tee. AMI tho Clmullu IH warm.
i'rIaut g. Young Do being supported boy
Judge Thomas Marshall and Mr BECK
Hyde and Cunningham. 90 o. uIl. orc
supp0rtHs g.. D. Stewart. ST. E.tHr n
clcrk Zoo Judge Hunr'H office. Do nIal
candidate. ami D. W. WILSON hlr tuH
support or Attorney A. o. Schroeder
Hcfcro baldwin announces that HI
creditors who wish Co vote Cor tbo
choice of "a trustee must HIr their proofs
o. claims before Monday
a meeting ~ tha creditors and nttlr-
npya was hHll yesterday afternoon bee
fore Referee baldwin. judge Iuuu rope
AN"NNNN.N HNNH NN'| N NNI.N .N|".H|||H N| HOW
at TNumUy Schroeder Thomas Mar
shall unl Nunirr represented various
creditors The examination was mot
concluded AMI 600 adjournment was
taken until Monday muruInr tp permit
IN hrlrInE OF ln appeal 90 Judge Mar
thal from the ruliuE uf the rpfHrrH.
tustniuiug Mr, heCkH objection Co tho
judgment on the ilyums aud Irvine
notes assigned Co Theodore Schroeder.
Tho claim o. Tor so 900. and Urek'H ODE
lection wuv' based un the contention
that the claim o. not pfuyuhIo under Goo
bankruptcy act. because The judgment
was Tor the conversion OF pruWIHaHUy
notes, ana not reduced Co judgment
until uftUr the Proceedings 600 bank
turtcy were commenced. A. r. Hrhrno.
der il anxious Tor uu early decision 900
the appeal, nH the pruuf uf the go 900
claim VIII Insure hla riEht 90 vote COR "a
Mr. Beck detailed his grievance. nnd
described how Dc had hUTu dUf#auu..I
out uf large sums OF money. Hu spoke
particularly ~ the Bulllnn- ucck sfuaIt
ana Utah Asphalt and Nnruish Cum-
puuys stock in connection with thrIr
debts
Tho syndicate comprised .umbar "
HrckH creditors. whose claims wore rHs
cured by transfer by Beck 60 Josiah
i,ainett hH trustee, Of 5i.ouo shares OF
Beck testified that James a. Cunning.
ham was 90 put up $4,000 Co protect hiH
llieck1 equity ln the control nf tha
bulliun-lleck stock against execution
SALE and that De- was Co give Cumming
hnin al.,N,' bonus, retaining e. riEht of
REDEMPTION in the stock
Mr Beck stated that afterwards his
attorney advised him that tho trans.
fcf n the $1,000 shares would have 90
be an absolute transaction un The face
OF "a or tho other creditors would make
trouble. There must De- mo- writing DO
show the right Of rcdamptinn. ani he
would have Go rely upon Cunningham
word nH "a gentleman 90 give thr stock
back when The debt was paid. ID la
now commended by Cunningham that the
transaction was absolute ana that he
owns The stock
In the Utah Asphalt ana Varnish
deal Beck Hnll that hu borrowed $1,000
from cunningham and gave hIH note
Tor 10000 another bonus. Then. mil
BECK, Cunningham bought SOME HmnU
,l9lina nnd rut them with tho $4,000
taxing one motto Tor flI 900. uH security
Tor which De- gave Cunningham no
Utah Asphalt Hrnd NlruiHh stock T..E
Gays further that Cunningham riHumH .
o. have bought tho stock outright aud
90 hayr given Beck credit uu iha note.
Beck holds that the stock was only glv.
IN Co. security uul uH proof hut hr
no believed Doc had given Hu option 6n
The asphalt property On ChIriro p1r.
NgH Tor n hnlf.mllllun dollars
ln relation tn the claim Uf MrH. An-
ME Hyde. nrgk testified that hg h1usht
1900 shares 10 Bullion. NaUk Tunnel
stock from hyde Cor ialOO and gave
he note f0r o. Ito says that HYDE kent
Nc stock and then got Judgment 6n
tho note anu now elaine Go own tho
stock absolutely
Beck testified lu regard 60 tho gtrad
anu IuNIHH U|H|H."
cured by HhtruH lu tho buckeye mine.
lhtfr had been 20 doubling up pf H.a
cuflurH by thu syndicate creditors hr
declared and further stated uud prl.
ducel hEurgs ln support of tho state
ment that ih0 syndicate debt han been
cut down from t1ip3i3 90 $4,000. These
figures WtrD produced hy Urnnt g.
young who said tho amount uf tho SYM
dicuiy debit including tho beehive nnd
cannon houses. was f2lH il' ulal iu.
Guiding thH original $4,000 which CUM
nlhEhhn advanced Tor DO. guilty Zoo tho
hullion-lituk control ST. Young UE-
urnd that $1,000 had been realized from
tho beehive sole, $4,000 fHr Insurance.
-. from HullInu-l'HUk llyldenla.
10000 from wlH nf fhH RIOT snrluHa
from sale ut tho Cannon house. Deduct.
Cl from the debit these Ifrms IDft ffl.-
OH due, uH against fhH 2st 900 rrHsHUt
value NJ the bullion Beck HtnugHuu av-
goas of l2is.o'o DO tho hands of che ore-
Attorney Hradvy. ono of tho law
partners " Judge ltuwut. attorney fHr
Cunningham was called t1 testify no
O. conversation tending tu prove THAT
thc transfer M th" llullluuaN"ull uuua
tr1l 60 'uuhnghlm WINS hnn1nIH.
MT bradley stated Tint Rock wanted
Cunningham Zoo hold tho stock in tru#t
Tor him. hut Cunningham declined. ANA
thni li"'k ih 90 give cunningham 600