The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-31
THE RAMAPO FRANCHISE.
Hearing in Albany on the Motion to Secure
Annulmsnt of the Charter.

ALBANY. Aug 3O.-Attorney General Davies
this morning gave hearing on the applca-
ton OF w. r. Hearst and other taxpayers of
New York city. asking that an action be be-
gun to annul the charter OF the Ramapo Wa
ter Company. Einstein and Townsend.
counsel for Mr.. Hearst. were represented at
the hearing by David b. Hill. Bernard Naum-
burg aud Ira L. Miller; Eugene Treadwell. rep
resentng Hoadley. Lauterbach and Johnson.
appeared for the company in opposition to the
application.
MIR. Treadwell asserted that he had not been
served with copy Of the afil dayts upon which
the application, was based; The Attorney
who detailed the history OF the company. lie
right to existence by reason OF financial and
legal derelictions; He said company which
had failed to pay Its ,nTes npd which possessed
continue in iife especially AS it 10 now endeav-
oringto tasten its iangs upon the people OF
its only avalab asset.
Mr., Nsumhprg presented af,idayits from
Catskill county reg ions where the Ramapo
water company proposes to operate, showing
were presented from the Secretary of the State
showing tina! there were no records on, file. in
that office. which are required by law showing
that tho ompanys capitol had been maid in.
There were no annual reports showing its con-
not awaited itself. within the provisions OF law.
Of the opportunity TO carry on the business pr
He sh Sa
been dormant for twelve years.
The Attorney General Does your applica-
ton ask that an action be commenced for the
annullment OF the charter OF the company or
for ITS dissolution
Mr.. Naumburg-For an action to accomplish
either one or the other object. We think we
have presented sufficient facts which would
warrant you in authorizing an actiyn to accom-:
the action rests with you.
=, Mr.; ,Naum burg held that the contract which
gal. whereupon Mr.. Trendweil declared that
to consider Mr.. Hill insisted that it entered
into the question though the main point was
that the e,ompany's CHESTER should be ann1,led
period OF twelve years, the law authorizing
nm action for annullment where corporation
fails to transact business for the period of one
Mr.: Treadwell followed. declaring that
as m r tns
contended that the present proceedings were
maniisstly not undertaken in good faith
1othinE could be gained By the, ATTORNEY
the matter OF the coatract was t tied S" up
by court Injunction In, New York. argument
company had failed in nothing that the law
Obliged it to do, The law did not obige the
company TO take Immediate steps to avail
itself OF the many privileges accorded to such
corporation. The real ground OF securing
merely a journalistic advertisement should
not he covered up. Mt. Treadwell asked an
tho testimony which was TO he presented, the
company having had only three day. notice
that any proceeding were to be taken
Former Senator Hill thought that counsel
for the company had argued u demurrer and
should show what he needed an adjournment
for It should he within his Knowledge whether
the company has laid any pipes other than in
the Legislature
He said: III this corporation is not obliged
to do anything TO construct dams or reservoirs
or lay pipes except at its own convenience. a
startling proposition is presented. | know that
the law does not contemplate such"
AS Senator Hill admitted that the company
was bound hand and foot through pending
adiournment should be had until one week