Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-11-10
Granted q mite d M'!inority Stockholders Of
the THE W..illough Beach Company
The The alaJprify Restrained from Pur
,S$s chasing, hast e the Properly OF tho .vii-
.3t5 l.o,ia liby u eneii coiilpany .--An I'm,
teresling Procecding,

~ Judge w. B. Mar tin, Of the Court. OF
Law and Chancery yesterday granted
;ana junction restraining the stock
holders OF the Willoughby Beach Com
panyl and others from purchasing the
assets and assuming the liabilities OF
the Hotel yYilloughby Company The
stockholders of the two companies,
with but few exceptions, are identical,
and H. l.. Page and S. Q. Collins. who
asked for the injunction on behalf OF
themselves and all other stockholders,
nllege that the stockholders of the Will
loughby Beach Company, In voting for
the purchase of the Hotel Wllloughby
by that company subordinated their in
1terests as stockholders therein in the
Hotel Willoughby Company.
NIessrs. Wake & Old represent the
plaintiffs and Mr.. w. D. Fender the
defendants. The final hearing will come
up In December. ,
The stockholders in the Willoughby
Beach Company are ;. w. Perry, Cora
NJ. Fender, w. D. Pender, e. E. Nc
Leary. Lancaster Williams. w. III.
Doyle, f. B. Dancy, A. l.. Mcclellan,
B. w. Leigh, +. o. Briggs, AIiddendorf,
Oliver & Co., John L. Williams Sc Co.,
II. l.. Page and S. @. Collins.
THE. INJUNCTION.
The order of Judge Martin follows:
In the Court Of Law and Chancery
of the City of Norfolk:
Fl. L. Page and S. @. Collins, stock
holders of the Willoughby Beach Com
.pany, sueing for the benefit of them
selves and all other stockholders of the
said company who may come forward
and contribute their proportion of the
costs and expenses OF this suit, VS.. The
Willoughby Beach Company, The Hotel
Wil!oughby Company, The City Ma
tional Bank Of Norfolk, Va, and The
Citizens Bank OF Norfolk, Va
Thp plaintiffs having this day pre-
scented their bill. duly sworn to, and
the exhibits referred to in the said bill,
on the motion of the said plaintiffs an
Injunction Is awarded them lnhibiting
and restraining the defendant, the
Willoughby Beach Company. its off,
GERS, attorneys and agents, until the
further order of the court, from MAX
Ing any purchase of the hotel from the
Hotel Willoughby Company, or in any
way purchasing the assets OF the said
Hotel Willoughby Company and as
Stunning us llaDiilCieS or an part tnere-
Of, by means or authority of any
votes Of the stockholders Of the said
Willoughby Beach Company, who are
also stockholders in the said Hotel
Willoughby Company.
But this injunction Is not to take eff
feet untE the said plaintiffs or some
one Of them or some one for them shall
have given bond before the clerk Of
this court. with security deemed SUM-
clent by the said clerk, in the penalty
of one hundred dollars payable to the
Commonwealth OF Virginia, and condi-
toned to pay all such costs as may be
awarded. and all such damages as may
be incurred In case the said injunc.
ton should be dissolved.
With the exception of one or two all
of the stockholders of the Willoughby
Beach Company own Is shares each.
purchased at 500 per share. It Is al
legged In the plaintiffs bill that the
company has made enormous profits in
selling the Willoughby Spit property,
and to purchase the property OF the
hotel, Willoughhy Company, with its
liabilities, would greatly deprcciate the
estftc OF tfT7 stuck of tho form enc
of the plaintiffs. Mr.. II. L. Page. is also
creditor of the company in the sum
OF $4,000. and II is alleged that should
the deal be made. the payment of This
amount would be indefinitely post
poned.
At the last two meetings of the stock
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