Evening journal., 1901-02-12
ADDICKS ADMITS SIGNATURE
BUT HAS SHIELDING CLAUSE
Says He Had No Authority TO AiiX Name to Contract
Unless Authorized by Directors Of The Com
pany-GaSo Was Dismissed

OF search all parts Of the minute books
during the progress OF the case
The court sustained The objection.
Mr.. Petit stated he desired Co search
the book in reference TO the ownership
OF stock by Mr. Addiclks and his right
to make contracts.
The court overruled the offer on the
ground that the company was different
from its largest stakeholder no mat
ter how much stock the st0ckholder
might own.
Mr.. Petit then offered resolutions in
reference to the increase Of capital
stock from $1,000. 600 to $4,000 00O
and that the power to dispose OF this
stock was subsequently delegated to
Mr.. Addicks.
Mr. johnson objected 10 the matter
on the ground that It was Irrelevant
Mr.. Petit was allowed to proceed on
this line He read from the minutes
showing an increase OF capital stock
TO $50, 600, 600, and the power given to
the directors 10 dispose Of the stock
In payment OF debts, otc. The pre-
vious resolution increasing the capital
stock also was read.
Secretary w. H. Miller resumed the
stand, and was asked concerning othar
resolutions bearing on the matter A
resolution Of October 2, 1892, was read
authorizing the president OF the com-
pany 10 dispose OF an increase in stock
TO make contracts and also that his
action In d!sposing of certain bonds
had been sustained. On March 20,
1895. the power was Withdrawn On
July "a, 1895, resolution was adopted
setting forth that the BIUokllne Gas
Company was laying gas pipes In Bos-
ton and entering into competition with
the companies owned by the Bay State
Gas Company and that II. H. Rogers
and either Standard Oil magnates were
going TO make a war of rates. The
president was authorized to dispose OF
| 81 10000 in securities OF the Bay State
lCompany, and to purchase % 900 shares
/ OF the stock OF the Bay State Company
at S20 o share for the purpose of BOOM
Ing the stock. AT the annual mccaing on
November 10, 1895, the action OF the
directors was approved A letter from
Lawson, Weidenfeld e. Co, OF Septem-
bor q, 1895, concerning the purchase
OF certain stock Of the company. and
! Mr. Petit asked concerning who Law
son, Wc.denfeld & Co were, but OBJ
lccii0n was made. Argument ensued
and Mr. Petit claimed that Mr. Law
son was the one who had negotiated
this contract with Kent.
Tho objection was sustained.
The matter OF striking ont the evil
denca so far presented was brought up
and Judge Dallas said he would decide
II later.
Mr.. Miller was asked II anyone was
sent TO Investigates the cost OF acety-
lene gas, and ifa bill was paid for his
expenses He said he had no recol-
lection Of a bin being paid. and found
none on the books.
Mr.. Miller said the Bay State Gas
Company of Delaware owned the equi-
ties in the Boston companies. The
Bay State Gas Company OF Massa-
! chusetts was a corporation owning gas
works
Court then adjourned.
J. Edward Addiclks, being called. tes-
titled that he was president of the Bay
I State Gas Company. and was asked az
10 his signature to the contract be-
tween Samuel J.. Kent and the Bay
State Gas Company. Upon looking al
the contract Mr.. Addicks said that Il
was his handwriting. but that unless
the directors Of the company concur
red, he. as president, had no authority
to sign contracts
\ Mr.. Johnson. for the defendant. then
asked for a non-suit on the grounds
that the legality OF the contract had
not been proved. The jurors were dis
CHARGED by Judge Dallas until April
II. Court thcn adjourned.