The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-02-17
suing FOR ONE million
Litigation that Involves a Great
Copper Company.
\ Concern That j. Edward AddicEs,
OF Delaware. Aided in BeOrGnni1-
ing Tied In by an InjuntIOn Oh
taIned by Marcus SteiR-A COrpO-
ration with Two Sets OF Officers.

NEW YORK, Feb. 17.-Whea the Greene
Consolidated Copper Company becomes as
successful in its output Of metal as II Is
now in having provoked litigation Il viii
have fulfilled all the promises o. its pros
pectus. which appeared last sunday
Just now the Greene Consolidated Cop
per Company is preparing a defence 20 a
suit for damages begun Ey J. Edward Nd
dicks, prominent in Delaware gas and
politics. Answer is also soon TO sc made
in a suit for damages in the sum OF ST.
eco 900 brought by Marcus Stein, Who is
recorded as plaintiff. hut who really repre-
scnts Samuel Newho lsa, George T.. Ann
St Ong, and Samuel UnJe-IIysr.
There is on record in the supreme Court
Of this State a temporary injunction
signed by Judge TruaN, restraining the
company from dispOsing Of a block of $50
000 shares OF its stock. which Mr.. Stein
asserts he was 10 get unGcr cuntr-ct
" Inch he declares the G-eene Consolidated
Copper Company now -eiu5 = TO recognize.
This injunction. however. in no manner at
fects the $4,000 shares recently offered TO
the public for the Juipp5e Ji raising a
working fund,
There rs also a dispu'a with the Cobre
Grande Copper Company, which CLAIMS IKE
pro, ucinG mines AMI the smeljer an the
state Of SGlUra, Mexico.
On the other hand. 'ho promoters Of the
Greene Consolidated Copper Company have
brought suit against The promoter Ui the
Cobre Grande Copper Company.
William G. Greene president o. the COM
psny which bears his name. discU.ered
copper deposits OF WONDERFUL richness in
the state OF Sonora, HeNi.D. and came in
TO the possession of about 0JC acres.
Mr. Greene next organized hts company.
It was incorporated under the avs % WezI
Virginia, with cspI-ai stock OF 5000. zoe.
As an auxiliary the TO5re Trande =. ieT
Company WAS formed. 70 Ua5 agreed THAI
certain OF the Greene claims should he
taken over al q purchsse prise Of $3.50. coo.
Then the CObre company erected a smelt-
or and proceeded with the production OF
copper. 4 quarrel arose At the next elec-
ton. resulting in two sets Of officers. 4
resort TO the courts tied up the affairs OF
the CObre COMPANY making IL impossible
IL is declared to complete It's contract
Mr.. Greene then took full control OF tho
property, Litigation followed, and Mr.
. Greene has recently received q favorable
decision or the first trial
Nr. Greene came TO New York 10 raise
more money. He succeeded in interesting
j. Edward Addicks. OF Delaware. who sen
an expert 10 Mexico 70 make an CEamina-
lion Upon receiving the experts report
Mr. Addicks offered $500. 900 for a CONTROL
ing interest. This offer was accepted bog
Mr.. Greene. Mr.. Addicks was 20 give notes
for the SSO0, oO0 TO be paid in four equa
instalIments.
When the time came for the exchange O
. collateral MI AddiCkS announced that hi
notes should be placed with a trust com
pany which was TO hold them until the!
matured. Mr.. Greene. by the advice OF hi
counsel. Walter s. Logan, objected
Mr.. Addicks refused TO let his paper b.
turned loose in the market and the dea
fell through. Mr. Logan and Mr.. Green,
. have been notified that Mr.. Addicks ha
brought suit for damages and 10 compe
/ the completion OF the contract.
In the meantime Samuel NeWhOuse
George T. Armstrong Samuel UntermyeT
and William A. Clark began negotiation
for the control of the Sonora mines. I
was agreed that 100 600 shares OF stock q
the Greene company should be transferre1
TO Marcus Stein. representing the fou
capitalists for 1894 06O. At a future dat
$50. 900 shares in another block We're 10 b
transferred for S466 600.
Again there was hitch when the con
tract was 20 be signed Mr.. Greene Oh
jeCted because absolute control was 10 pas
from his hands. Mr. Untermyer securSi
temporary injunction restraining Nj
Greene from disposing OF the 2JO. 90
shares Of stock. and then prepared the pa
pers in the suit for damages in the sum
$1,000. GEO.