Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-11-30
Demands an Accounting Of the
Transactions With Beck.
THE RELIEF HE PAYS FOR.
Asks that tho $1,000 share. Of hui.
Iion-iicok stock to Cunningham
be AdIudged Void.


anulra Of John Heck Involuntary bank
rupt and before the proceedings end
It may change the aspect Of ncck'a
case entirely. Yesterday afternoon T..
W. Wilson. trustee of the estate OF Mr.
Beck and hia unsecured creditors. nied
q complaint against J. a. Cunningham,
Josiah barnett. trustee. lions Saw.
inra bank and Trust company and the
Security Loan and Storage company.
Acting ~ the authority with which
h. was Invested that u trustee. by ap-
pOintment OF the federal court.
Mr.. Wilson entered THE suit against
the defendants named to require an
accounting o. property assigned and
money paid by Beck ur his agents In
Liquidation Of hls debts and To Hecuru
th" return u securities In .Nccss "
the discharged obligations, In order that
the excess may b. subjected to tho
lion % unsecured claims held by tho
creditors who were not fortunate
enough few veaw ago to have their
holdings put Into tn. hands OF the SYM
dicats which undertook 10 prevent Mr
Bcck's Interests ana their own from
being forever ruined.
Trustee wilson'a complaint sets
out that the secured claims against
Heck which wctc put into Trustee
NAAAfAA NNNNNlH TOT Af4lNNNAAlU OUT NA
the assets assigned dld not cXcc,d t--6.-
0lp. while the claims u other and un-
occurred creditors amounted to about
tiOOf0. This latter class Of claims IN
not yet paid ana the holders OF part
thereof are the ones who commenced
proceedings last spring TO have Beck
declared an Involuntary bankrupt
The defendant further alleges that
the 1900 shares OF bullion Book stock
nf" worth 500 900, and dividends
thereon amounting 60 over 100000
have been paid to Trustee Barnett and
10 Cunningham that many of tho
claims against this asset and other
securities have b"on paid. that among
the other securities assigned TO rruH-
tee Hurnott were 5000 shares ~ In.
dian Crock Gold Mining and milling
company. worth 5000 that n part u
mortgages upon the Hot springs prop
crty. the Beehive House. the Governor
mine. the Cannon House and other as
sets or great value. and that lions
Savings Bank and the Security Loan
and storage company have realized
Handsomely for foreclosure and other
wise upon their Hens, a. IN" uXtent NJ
releasing their hold upon Bccks min.
Ing stocks pledged under the Hyudl-
cate or trust agreement
Tn. trustee alleges that In order 10
prevent one Sarah Evcfhard from get
domption In Beck's ti.0OO shares of
lluilion-Rock mlninr stock which was
/ In the hands Of Josiah Barnett o. truH.
/ tee. to satisfy her Judgment against
/ Heck Of H,2ii. Heck induced Cunning
| ham 10 advance enough money 70 sat.
| isfy Mrs. Evcrhard'H claim. In pufsu-
ance Of the trust agreement between
Beck and Cunningham, the complaint
declares. Heck obligated himself to pay
Cunningham "A bonus of $4,000 for the
loan, IN addition TO Interest.
| Trustee Wilson also AYERS on
Information and belief that Beck and
| Cunningham. with intent TO hinder. de-
| lay and dcfruud licck's unsecured cred
| ltofa, cnterpd into an agreement where
| by Cunningham took q bill % sale alb
s5ute m It's face for the o. 900 shares
| " nulu0n- Beck stock hut that by a
secret understanding between thom.
| Cunningham merely holds these vniu.
| nt's sharvs IN trust for Beck Gun.
bingham having no further equitable
| interest In the shares, which arr be-.
licyci 10 have redeemed from Trustee
| Barnett months airo, II II also charged
that Cunningham. ia pursuance OF a
| plan to enrich himself and 60 assist
| Beck IN dcfrauding his unsecured cred
/ itors. purchased claims against the
| stock when In Trustees narnottH Keep
/ ing Mt great discount. but still dc.
| clarlng that said debts are claims
ngalnst the bullion. Beck stock. and al
other times asserting that the shares
are his own individually. free from any
/ debt Hens against Beck
For equitable relief for Bccks unse-
surod creditors, Trustee Wilson sets
out other alleged acts Of fraud by Gun.
bingham and Beck. and prays for an
accounting OF all debts secured By the
syndicate trust and the amounts paid
| from stock dlv.dends foreclosure OF
mortgages and otherwise to liquidate
| the claims. that the transfer OF Bcck'a
| tt,OO0 shares OF liullion- Beck stock TO
| Cunningham be adIudged void and tho
| right Of possession thereof b. awarded
10 plaintiff In trust for all Of Beck'S
creditors. and that Trustee Barnett be
also required to deliver 10 plaintiff tho
| Indian Greek mining shares.
Reeves q Schroeder and Brown &
| Henderson are Trustee Wilson's attOr.
] nCyA