Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-02-27
CARNEaiE-FRicK CASE.
THE BILL TO ANNUL THE COKE
CONTRACT FILED YESTERDAY.
tby ;elesrarh 10 rg:hian-Plio,.,

tBy isleErarh 10 Vrg;Lian- Pilot,
PittSburg, Feb. 26-John Walger.
guardian of Andrew Carnegie Wilson.
5. l.. Schoonmaker and John Ponte-
tract. on behalf of themselves and such
other stockholders of the H. c. Fricll
Gompany as may choose 10 Join in the
eult as plaintiffs, filed the nluch-talketi-
OK bill in equity to annu The coke con-
tract held with the coke company BY
.he Carnegie Steel Company, Limited.
IN Common Pleas Court Number . late
this afternoon.
rms action is remotely connected
with the trouble now existing between
H. z. Frick, former chairman of thu
Carnesie Steel Company. Limited. and
Andrew Carnegie. and was precipitatel
oy the recent fling of Mr.. Tricks bill
70 secure an accounting or the affairs
OF the Carnegie Steel Company, Lin
tied.
The bill names as defendants the II.
z. FrickI Coke Company. a corporation;
THOMAS Lynch. II. c. Frick, George
Lauder. d. NJ. Clemson, Andrew NJ.
Moreiand, James Gaylcy and Thomas
Morrison, composing the Board of Di-
rectors of said corporation and the Car
neSle Steel Company, Limited.
Tic piiintift seeks 10 restrain the de-
PENDANTS by injunction from selling.
shipping or delivering any coke to the
CarneSic steer company Q.imited) un-
der contract dated January /. 1892. at
price OF Sl.'io a ton; the contract TO
run for a period OF five years. and from
settling with the steel company for
coke already delivered under the con-
tract
AN ACCOUNTING ASKED FOR.
1t also asked that the court annul
the contract and order an accounting.
INC plaintiffs alicge fraud in the OBJ
tanning ofthe said contract and nccuse n
majority of the Board OF Directors OF
the coke company OF working solely for
the interest OF the Carnegie steel Com
pany Limited). with the purpose OF
cheating and defrauding all stockhold-
erS Oh the coke company not members
OF the steel company. 1t is also claim
| ell that il the contract is carried out.
the Prick Coke Conn any will have to
refund to the steel company 1896 900 on
account of coke sold TO snid steel COM
pany during the year 1899 and during
the year 1900 il will cause Il loss to the
coke company of not less than $1,000,
0u0
The bill sets forth that at the time
| the grievances complained of happened
Schoonmaller owned 556 shares Of the
capital stock of the coke company. Wal
| ker 4,096 shares for himself. and Iii
shares us guardian of Andrew Carne-
gle Wilson, and Pontefrat $50 shares.
inc coke company, ii is stated, was
organized to buy. own and mine coal
| and manufacture and market coke.
manufacturing upwards of 5000 tons
of coke year in what Is known as
the Connellsville coke region. in West
moreland and Fayette counties, Pa.
The capital stock of the company is
$l0Oo0,0o0, divided III 100000 shares OF
the par value of $50.
The Carnegie Steel Company, limit
ed, capitalized at Sa5, 0Oo,OOO, it is stated,
pretends to be Il limited partnership
organized i'll 1892 and is engaged in
the manufacture of pig iron and steel,
requiring about 100000 tons of coke
annually.
The Carnegie Steel Company, limit
ed was tile owners of 59.140i shares Of
the capital stock of The coke company.
and Carnegie was likewise holder Of
51,212 shares, which, together. consti-
tuted moro than a majority OF the coke
company's capital stock This, II Is
claimed. enabled the Carnegie Steel
Company. limited, and Carnegie to
elect their nominees rs directors of the
coke company and dominate and con-
troll their action.