New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-10-16
WORK DAILY TRIBUNE TUESDAY OCTOBER 49, 1900
WAR AGAINST WHISKEY TRUs1
RULE GRANTED TO SHOW CAUSE WHY RE
CETvER SHOULD NOT BE NAMED

Vice-Chanoellor Emery. Of Newark. yesterday
granted rule directing the Whisey Trust to show
cause why a receiver should not be appointed and
why the annual meeting of the trust scheduled 10
tomorrow should not be Indefinitely postpone5
The rule is returnable at O'Clock this afternos, IN
The grounds for the application are alleged fr,,ud
upon the part Of certain stockholders n securing
control of a large block Of stock. The case came
through the return Of rule granted ia Jersey
City last Monday to show cause why what is
termed in the proceedings Syndicate among
the stockholders of the trust should NOT be pre-
vented from disoosing of stock which the bin Of
complaint anege; is fraudulently contrcnetL
James E Howell and Robert H. McCu1 er were
IN court in behalf of FLIP Kreissl OF Chicago
the complainant James II. Vredenburgh pres
ent, apparently in the interest of the Distlling
Company Of America. commonly spoken of the
trust. The injun,:t ion was sought on the ground
that II is Illegal for such a combination control
affairs of the corporation to the e. alusion of
the interests of minority stockholders.
The first bill seeks 30 have the so-ca he'd voting
aside and mai.es the five pers bns alleged
to compose it the defa ndants. They August
Belmont John L. Cadwalader and Alvin ". Krech.
of New-York; T Jefferson Coolidge jr- OF Boston.
and William F Harrity Of Philadelphia.
The second bill names as defendants hose com
posing what is called the Syndicate and it re-
views what are alleged be "the trIIe facts Of
an organization Of the trust in the summer of
1888"
The third bill makes tie same all sgations of
fraud and is introduced bring about receiver
ship as well as prevent the holding of the an
nual meeting
Levi Mayer of Chicago, Of general coz nsel of the
trust, was accorded permission 10 apI lear in the
case Mr. Mayer asked for an ad1ot rnment OF
thirty days declaring that representa- ives of the
complainant were now trying to sell out and make
a compromise
He said: ION the eve of this election this holder
OF less than five hundred shares OF stock seeks TO
control this enterprise and undertakes to say
who shall and who shall not. There is in eX-
istence a matchmaking letter written by KreissI
TO one of the voting trustees The letter has been
shown to Chancellor Magic and is on record with
other papers in the case
the Chancellor gave INrelSsl ms injunction,
just the same" interrupted Mr.. McCarter
Very true. very true" replied Mr. Mayer; but
7 nave nothing to do with the voting trustees. To
the Court Mr. Mayer continued Before this case
proceeds very far. Your Honor, you Will see in il
one Of the rankest conspiracies ever hatclled in
court OF Justice Within a week yo'l VIII see who
the puppy is. You viii see him in the shape of
Network attorney. who was discharged by the
CORPORATION against which he and ne alone has
stirred I'D all this litigation. Your Honor will see
that Dr. Kreissl is not the paragon Of virtue he
claims 10 be
After an hours discussion the Nice-Chancelor
granted the rule applied for.