The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1899-11-11
CONCERNING yROOMAN.
His Energy and Ability Seem to Have
Made Him Enemies.

The Kansas friends, Of Frank 3. vroo-
man viii be glad to learn that his assoc
ciates in his KlOndike projects, which
have been of great magnitude, exonerate
him from certain charges ana approve
his methods OF business and his success
under amazing difficulties. The Chicago
a column statement, setting forth
scheme by one of VrOOman'S managers to
wreck him and pointing out the failure
to do so. Mr.. VrOOman writes: The
to Know that / am still honest ana doing
business at the old stand Luck has fol-
lowed my parties, as one has found the
twenty-eight feet thick
In the cOmpany's circular to the stock
holders of the Klondike, Yukon and Cop
per River company, Is contained the FOL
1T NAV be stated that while Mr. Wal
company insoIvent. etc, the company is
in possession of signed statements that
Mr.. Wallace alleged Immediately after
his return that he took out gold from
that river on the property of the klon-
dixie. Yukon and Copper River company
at from about Is cents to $50 per pan
1T must further be said in the vim
dication of Mr.. Vrooman that every
transaction of the company, or Mr.. Nroo-
man, which was attacked by Mr.. Wal
lace, occurred before the company 5 ana
Mr.. VrOOman's accounts were finally aud
tied by the directors and Expert Ac-
cOuntant James Grant of New York, and
uopn such examination each such tram
sactiOn was approved by all of them, and
the results puDlIShed IN a Dalance SheSI
sent to the stockholders at the time 1t
must further be said that Mr.. wallace eN-
amined all the BOOKS ana accounts OF the
company in July. 1898. while Mr.. NroO-
mans guest in New York. invited there
for that purpose; that he both bought
and sold stock in the company for cash
after such examination, and that when
he filed his bill he was in position to
know that most of the contents thereof
We're gross HbelS and that his bill was
simply a fulfillment of his threat to Mr..
VroOman in January, 1899.
In proof of this position quote the
Washington August l. 1898, after all the
accounts were audited by the directors, a
majority of those present, MeSsrs- Black
burn, Murphy and MeIkleJOhn, represent
ing the interests Of the minority stock
''Extract from the secretary's minutes
- Mr.. Blackburn presented the follow
ing resolution and moved its adoption:
9 Resolved, by theSbOard of directors,
That the thanks of this company are due
to T. B. NrOOman, its president and gen
eral manager for the energetic, efficient
and valuable services that he has gratu-
itously rendered in his official capacity
g The motion was seconded by Mr..
! MeiklejOhn.
q The motion was unanimously agreed
| to and the resolution was adopted.
LAS has been stated. Mr. VrOOman has
/ borne practically the entire financial bur
/ den of this company since the declara-
/ ton of war with Spain, and has given his
/ time and his money and his property tic
! it. The directors do not believe that the
stockholders would ask him to continue
! to do SO. The directors in all fairness vii
not. Mr.. NrOOman has preserved the
company in its integrity, and 1t still holds
most of its mines, its HOOtaHnQua ano
| in river leases. solely through his efforts
/ and in spite Of amazing difficulties.
| H ". THOMAS.
''WM. P. BLACK.
JOHN D. BLACK,
] tsH. C VROOMAN.
Directors of the K, Y. and c R. Co."