The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-02-14
In Forcing Frick to Resign as Man.
ager and Attempting to Confis-
cate His Interests.
BUSINESS WORTH $500, ,ooo,o 900
ACCORDING TO STATEMENT ONCE
MADE BY THE LIBRARY GIvER.
Profits for 1900 Estimated at Over
Forty MIIIions-Frfck Supported
by Other Minor Partners.

PITTSBURG, Pa, Feb 13.-Henry Clay
Frick fled a bill in equity to-day in the
Court OF Common Pleas No. of Allegheny
county, against Andrew Carnegie and the
Carnegie Steel Company. limited. praying:
First-For a decree that the pretended
transfer OF his interests in the company
ives and Is null and void. and that he Is
entitled in every lawful way to represent
and act for the same.
Second-For an injunction restraining the
defendants from any interference with his
interest in the said company and from ex-
cluding him from participation in the care
and management OF the association and
business.
Third-A decree ordering defendants to
cancel upon the goods of the firm any as.
signment or transfer heretofore made, or
pretended TO be made. to said association
for the plaintiffs interest in the firm.
Fourth-A decree ordering the defendants
to cancel and erase all entries on the
books of the firm of the Carnegie Steel
Company, limited. of unfair and improper
valuations of its assets and of the plain
tiff's interest therein, and to cause the said
books so to be kept so as to fairly and fully
show the real value OF the Carnegie Steel
Company. limited. and the plaintiffs inter-
est therein
Fifth-In case the defendants shall refuse
the offers made by the plaintiff. and shall
refuse to continue the said business and
allow him to participate in the management
and control thereof and of the properties
OF the Carnegie Steel Company. limited, in
conjunction with themselves. and shall in
sist upon the exclusive management by
themselves Of said business and assets. and
shall continue to exclude the plaintir from
his interest in the business and assests Of
said firm, that the court will thereupon al
low the the plaintiff to declare the said
firm of the Carnegie Steel Company. lin
tied. dissolved, and appoint a receiver to
take charge of all the business and assets
Of the said firm, permitting said receiver
to fulfill unperfcrmed contracts and to do
whatever shall be necessary In and about
the proper liquidation of its affairs. and
that after the conversion OF the entire as
sets of the company into money and the
payment OF the debts of the said company.
the court will then distribute the balance
thereof among the partners in proportion to
their interests.
Sixth-That an account be taken between
Carnegie and the plaintiff whereby Car
negie shall be charged with all the losses.
expenses and damage he has caused by his
illegal and fraudulent conduct; and that IL
Carnegie persists in his said fraudulent
scheme and refuses the offers hereinbefore
made and thus causes the actual dissolu-
tion OF the firm, all losses incurred by the
plaintiff by reason of said dissolution and
forced winding up OF the firm shall be
charged against him. and that he shall be
cecreed TO make good and pay TO the plain
tiff the difference between what HIS interest
was fairly worth on or about Feb. 1, 1900.
and the amount he shall receive through
the decree OF this court in final liquidation
and settlement OF the said firm.