The sun., 1899-08-17
SUIT OVER FIFTY-CENT GAS.
srOCKBOLDER COMPLAINS, As RUS
.EJL SAGE FORETOLD.

rc,r. the New Amsterdam COMPANY VIII
min into bankruptcy ~ tn" frioe OF ""n
I.,,t put Tn Accused by D"fendnnt OF
Having an IIterior Motive Not Set For'h'
aereralI Frederick Pcrson. as stockholder
ot tho \,w Am-ter lam Gas Company. moved
h,,for. IustIce McAdam Of the supreme Court
yes,srdny for II pcremptory writ OIL mahoHmus
90 cou mel the officers Of tn" company 10 permit
49,, t,,,,c, IN. rnmuany's books TO asce rtain
if the company is losing money oy se,ihR gus
-, a,,,,.,ort- II was openly charged In court
,',. tha motion had al ulteror purpose. which
rs.asstoutIy denied. but it was assumed that
,t, ,,,,,,i,, was A preliminary effort to lit the
,,,,,,f g,. pcrhaps in all four competing com
n,i.y nj, fine allegations Of stockholders that
,hn ror,unu,r, are drifting toward insolvency
he Naming the rate At the present price.
T,.,JW.u Cleveland. in behalf oil Pierson.
,nd that his client had applied at tho once OF
tho compauy on July 90 for permission to
o>omiro the books, records. contracts ana
,,hor rapcrs Of the company, and that the re-
o,nat hsd been refused He read an anldaVt
n, his client who saws he believes that the COM
.,ry cannot b" receiving sullcIent income
from the ale Ol gaS ~ itty cents 10 meet iIS
r,,I charges. and that the only way the com
t,,ny can con 'iUuo to sell gas at that hRure
x.ILe Nv raisins money 10y the sale OF stock
or h"hu- Mi' ''0' -, -.L,. A..
e. state ia',S oe''"N. I,h, .anor,a,ns
81, y,ctz tn he A. he believes he desires to take
,u.h measures as will prevent the officers OF
a.. .cnmuauy from eating up its assets in this
way.
#, repv. John c. Tomlnson. on behalf OF
thc cor,tauy. suid that it did not appear to
hlm that The Application was made In good
faith. bat to gain Information for an Interior
ohect NhN' 'he eo"''s "'"
s'"'Ah ho'''r may 'N''''''I .,',,,io., ,,i,h
phhN Uhe I"'N'' Nv - ~,I
mucI care '"' WV = -,
hati"u' nv - 49,, - ,ha ,,,J
I" "h"-'h'It'e'" "" r,nt uSa,,J ,,,,on-
ta'' h' H'' d. "." ~, .,,oLhoid,r hoo bis
a " say 'h"' ''' ma ,,' ,ai,,osa - his
fHhl'' " = "'' , t ,,ath.,ldor
h"u'Hs Va '''''' - 'S' Iot,r !, .nd
u W, 49,. ,,e, ,...,,,. oo,,solidatad into
the La'' .',''' I,., r,,,,,,an,, ,ni ha
'ne w." 49, :. l,ss y, d,vidord. hs-
ehoH'" n'' .''"l ''," ,.Loo ir a,ch,rgs for
c""S' ,''' '','.. ,.,au ,ha, his ,Id .took In
th' ".u' ~ 'iu'','' -. '''' ,'N ''0
H' I"l"''"'' '' t a., H., .,,,-,...
MI io'i''"''''' ,,, D. .,antl1
on 'he 'l'','" va ''.' ,,ra,,,uI =,
10 see IL '"e - N"' nt IT, a., ,,t
pfoh' ""e" Ie'', az ~, ~ -. a.,
h'eu l" Heo D''' 800 ,., y. ...,i-,
'h"' "u'' NV wy - ,i ,,ta,,,n, - ros
give MN 'k"'e' a. ~ Wv s,. ,,. IL
"'h"u' Nv ~ Wv l.'i Ill ',.,I
oen'eu '''' WV - tr,. ,
10 pe'ti'' 'e' 9"" '" ,il,,t ,,I o,hn,
"neh 'etsou c"'e" ,"o 80. ~. -,
oi'Icefs WI" n"'' ,. w. -, AT.
a. aih'ha''on VI '"o , '0'A' ">'o
1olni'HSoh sun,
"o oN''' :, - ,,,.,,o, ~ - -,
90" '"n "S,V' ,''" - ,a,''.a w.. - -.
c"P'Ia' u man w W. ''' ~ A :,
ol',''' ic"", , ~" v. w r',,o - -.
Ne 'ou"r SUI ~ "o Wv. ~, ;.,s
pforee"'ss '"' 'no VI :"
ol the co'hr"hS' hr' N'eN Nci'',u ~ says We teuuceu
sne p''e ~ Ha7 '"u 70 None ',I'i t''u''
1 ""'e nv "o".' ','., We -", "o"Iu " r 80
app'auueu 'me,e"u Vi I|''''uN ~ ,o' 'ul e"aio
" "'"'v N'' We ''N NV - ' 0"A
AU,'o" ,, A.. A..
M ~ ~'o'''''''So" 'e'l'eu '"a' .no 'oin PAM