Waterbury Democrat., 1901-01-08
CLOVES HITS BACK
Brings Suit Against Directors
 of Randolph Cloves Co.
$fOo,0Oo WORTH OF PROPERTY

Attached by Sheriff Rigney Yesterday, When Papers Were Served-One of the Biggest Suits for Damages Ever Brought in Waterbury-The Case Is Returnable to the Superior Court on the First Tuesday Of Next Month
 As sequel 10 the Gloves Miller lit 1:sation, papers were made out yester- day by the O'Neills. counsel for George H. Gloves, and served hy Sheriff Rig Iiey. involving q suit amounting 10 S1oo,G5o- Tile :ull text of lle docu- mont is as follows:
 To the Sheriff of tlie County of Eew Haven, His Deputy or Either Con- stable of the Town of Waterbury, ill Said County, Greeting:
 By authority of the state of Connec- eur- you are hereby commanded to ttiach to the value of S1OU,OOO the jEooCs or estate of Charles Miller fChauncey r. Gcss, Franklin \. Taylor and Franklin l.. Curtiss. all of Wa tefbury. New Haven county, Connec- ticut, and Henry A. Steele of Mont l1air, in the state of New Jersey and F. C. Bates of Boston, Mass, as di- fectorS of the Randolph Cloves con- pany, corporation organized under the laws of the state of New Jersey. and having it's office and principal place of business in said Waterbury. and them summon to appear before the superior court. to be held in Wa terbury. within and for the county of New Haven. on the first Tuesday of tebruary. 1901. then and there to an- (rp1rpp of Waterbury, in a civil action wherein the plaintiff complains and says:
 ]. That the defendants and this plaintiff Were duly elected directors of tue said corporation on CT about the first day of September 1899. and have since that time continued to be the directors of said corporation: that inn mediately after their election each of them accepted the said office and trust: and thereupon each of said persons took upon himself the duties and re- responsibilities pertaining to the office of director of said corporation: and that all and each of them have continued to act and serve as such directors of said corpora ton; that their successors have never been elected or appointed. ?. That said company was organ ized and formed with an authorized capital stock of S90O.00O, and to issue Sooo.e0 of it's authorized share eapi- 1al as preferred stock. entitled 10 q preferential dividend of ' per cent per annun. payable out of the net profits of the company before any dividend should be declared or paid on the con- mon stock thereof and that such pref eIential dividend should Ie cumulative; and to issue S400.U0O of it's authorized share capital as common stock. which was and is divided into 9,0O0 shares of $I00 eacn.
 B. On the organization of said con- pany and while the defendants were the directors thereof. the plaintiff be came and still is the owner of 1895 shares of the common stock of said company and which now stand on the books of said company in the plain tiff's name.
 4. The plaintiff is also the owner of 150 shares of the common stock of said company. which stand in the name of D. C. Bates on the books of said company.
 ;. The plaintiff is also the owner of 1875 shares of the stock. common stock of said company, which stand in the name of the Corporation Trust company of New Jersey on the books of said company, in trust for this plain tiff
 6. The plaintiff is also the owner of 910 shares of tho stock of said com Rany. which staad ill the name of the defc..t!.ios, Charles Miller, on the l:cnla; of said comrany.
 '. On the organization of said com y,any 4.GOo shares of tlc preferred stock and 1000 shares of the common stock above mentioned were subscribed for and issued and delivered to the subscribers by the proper officers o1 said company and 1000 shares o1 said preferred stock was not issued Ent was allowed to remain in the treasury of said company for the pur pose Of being used and disposed of by t:ie directors of said company when eyer the company should need funds for the purpose of carrying on its business This last mentioned stocl will hereinafter, for convenience, bt called treasury stock.
 S. The treasury stock above men tiened now belongs to. said company end the several stockholders thereo in proportion to their ownership O the stock of said company; and til. plaintiff is entitled to 5O3s4 share fhereof.
 2. That upon the transfer and de livery to the plaintiff of the 15O share standing in the name of F. c. Bates and of the 1875 Shares standing il the Da1ne of the Corporation Trus company of New Jersey. and of tn 91O shares standing in the name O Chatles Miller. the defendant, on tn books of the defendant company, h would become the owner and holde Gf &403. 900 in all of the capital stocl of sesid company, being a majority o all of the capital stock thereof issue, sfsS5sssattd offfatandff1 f1le DoSsession where would, under the charter and by uH sof said company. give to him ol1ing voice in the management T a2Atrs thereof.
 g That the affairs and business o : Handoaph- Gloves company ar |zs 5F1 by the directors above men
 4 fhe said Chauncey F. Cos
 gnid company and large
 1eas its buAtne4s m
 S8s Ehefal manage