The age-herald., 1900-02-14
HENRY CLAY PRICK FILES A BILL
 IN EQUITY AGAINST MIR. CARNEGIE
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(Contlnued From First Page) caused his co-partners secretly to sign and which was based upon the pretended ex- fstence of the so-caled ironclad agreement.
 All Ills Interests Iransferred
 Carnegie followed this notice by compeil- ing, on February l, 1900, Schwab the pres- dent of the company, to transfer on the books of the company all of Tricks interests in the Carnegie Steel company, limited, to the said company, and he now pretends that he (Carnegie) can practically dictate to Prick the value at which he will take these interests He claims that Prick is not en- titled to anything for the good will of the company; is not entitled to have hts inter ests valued of a growing concern but that he (Oarnegie> can use old and obsolete figures, which have stood on the books for years, in many respects unchanged, so as to reduce the value of Tricks interests to the neighborhood he hopes, of about $6, CO., 000
 As Carnegie owns 5Sh per cent of the Car negfe Steel company, limited. he win, there fore, own more than pne-half of the per cent which Prick sells, and if he can thus acquire one-half of Tricks holdings for what would amount to about 8 OO0,000 he will make a net profit on that transaction alone, based on his own selling price, as above stated, in the neighborhood of $5,- 100000
 Prick further says that never since 1887 had either firm attempted to force partner ito sell. That no interest whatever was ever acquired under the called agreement of 1884, and none under the one of 1892 except that at times when the financial condition and earning power of the company were radically different. The company did pur- chase the interests of three deceased part ners, but by an amicable and satisfactory
 
 each. Neither, in the whole history of both firms, was 1t ever supposed That any part ner had placed himself in such position tNat Carnegie could, through personal malice. force him from the firm, and that for Car negie to attempt this in 1900, through the guise of proposed agreements. which looked to the honor and well being of the firm. to gratify his personal malice, was most vicious and fraudulent m:sconstruction and misuse of the same.
 Partnership is Not Limited
 The bill alleges that the new partnership of the Carnegie Steel company, limited, is not limited, but general, part9er- ship; but Prick is unwilling to take ad- vantage of what he believed to be i'm ited partnership until he was advised ou1- erwise after this controversy arose, and therefore offers:
 (a) To sell his interests in the firm at wha.t three business men will judge them to foe fairly worth.
 G5) To execute new papers, making val id tinding limited partnership, and to con tinue the firm in aM respects as it was in tended heretofore to do.
 (c1 TO continue the firm, even if it is a peneral pa partnerslhp, and all are individual qy liable provided he foe allowed to partiei- pate in the management; because to leave a.he sole management to Carnegie would result eventually Gas Mr. Prick believes) in financial loss.
 (d) If Carnegie refuses all these offers, linen he asks the court to dissolve the part nersnip and to have a receiver appointed