New-York tribune., 1900-03-01
LOVEJOY ,SUSTAINS FRICK.
FIRST ANSWER FILED IN SUIT AGAINST
CARNEGIE STEEL COMPANY

Plttsburg Feb 2S (SpeclaD.-An order was made
In the Common Pleas Court late this afternoon CIV
ing all the defendants except three the suit en-
tered by II. c. Frick against the Carnegie Steel
Company, Limited. for adjustment of hts inter
est IN the concern, fifteen days TO file their
answers. -The except, Henry Pihpgs JI., II
Nj. Curry ana +. +. r. Loveioy.
Mr.. Lovejoy. former secretary OF the Carnegie
Steel Company Limited. and one OF the defendants
in the Frck suit against the company late this af
ternoon filed his answer
The document complete is follows:
To the Honorable the Judges Of the said Court
l. Francis 7. f. Lovejoy. one OF the above named
defendants. In answer to the above stated bill for
myself personally tbut not as trustee far the Car
negie Steel Company, Limited, having since the
hhnS OF said hil! rendered my resignation as sucti
trustee do now say:
and belief:
!. Tha; the so-caed 'ironclad agreement" under
tiff from membership in the Carnegie Steel Com
pany; Limited @ was sought to be accompished was
be set bs forth & nn and ID void and Of no estd
ment were IN full iorce and effect yet no cause
existed for the expulsion Hereunder of the plain
3 ii That even If the soDcIaed s ironclad agree
ment were in full force and effect, and even II a
technical cause was by certain members believed
10 ehSI toF 'he SNp4si9n on OF tne s, paint from
Limited. yet inasmuch it was ana Is Of Vital
importance nee TO the said, the Carnegie Steel Com
citation that the PLAINTIFF should continue mis- mem
bershp therein and should continue as in the the
counsel and advice. a meeting Of all or maj jority
Of the shareholders, including the plaintiff, should
have been held. at which any differences OF opinion
might have been freely discussed and probably
4. That should the plaintiff have been willing
after this discussion, In the interests of harmony
to withdraw from membership In the said the
Carnegie Steel Company Limited. and to sell his
interest therein Justice and equity demanded that
he should be paid by the said association, or by
any partner or partners therein or by any other
person persons whomsoever. purchas ing his said
interest IN said association, such price would
either te sajsfaCtp.y to said plaintiff or would
represent the roal value Of said interest. and that
he should not he compelled to sell at such price.
and upon such terms of payment, as the purchasers
plaintiff.
| refused 20 sign when requested so to do the
notice Intended 10 compel under the so-caled
tif from membership In said the Carnegie Steel
Company. Limited or his expulsion, should he fail
refuse 70 assign his interest therein for con-
sideraton virtually nominal and upon the return
TO Fittsburg OF the president OF the Carnegie Steel
Company, Limited on January II, 1900 rendered
said association and my resignation the secre-
tary thereof, which designations the same
day accepted, in my presence.
Second-COntinung OF the same opinion and be-
lief January 10. 1890. set forth In Sections
l. 2 and of the first paragraph of this my an
sWer. further say:
First-The averments of the plaintiff are true rs
to nearly all of my own knowledge, to the re-
mainder to the best Of my information and belief
your honorable body vii! decree that the plaintir
February J. 1860. and Is still, member of
and shareholder IN the Carnegie Steel Company,
Limited, and such Is entitled to all the rights
and privileges thereto pertaining.
Third pray your honorable body to declare that
/ moro than nominal defendant In those
part in nor encouraged the acts complained of by
the plaintiff and that stand before the court with
clean hands. having sought to do only what was
right and jusi, uninfuenced by fear or favor.
FRANCIS T. F. IONEJOY.