New-York tribune., 1901-03-10
THE HE.STOCKHOLDERS AROUSED
FEAR THEY MAY LOSE AMOUNTS IN
VESTED IL THE INTERNATIONAL
ZINC COMPANY

Stockholders OF the International Zinc Com
pany' which, according to a dispatch from Jop-
in No, has gone into the hands of a receiver
are fearful that they viii lose the amounts they
have invested i'm the company and are threaten
ing trouble for the men regarded by them as
responsible for the loss. Charles A. H. Dough-
erty, Of No. 6S Wall-st.. who owns two hundred
and fifty shares of the company's stock said
yesterday that he had received letters of inquiry
as to the companys condition from fully one
hundred and fifty stockholders, living principally
in New-England The company's capital was
Al,ooo,oO in 81 shares The subscription price
at the outset, Mr.. Dougherty said, was 75 cents
a share and it had been later as high as 81 %
He estimated that about 100000 had been paid
in for stock
The offices Of Joshua Brown & Co. the local
representatives, of the company, at No. A. Wall
st, are closed; but Mr.. Brown is known to be
still in the city. Mr. Dougherty says that the
controlling interest in the firm of Joshua Brown
& Co is held by DR. John Grant Lyman of No.
- Broadway who not long ago became a mem
ber Of the New-York stock Exchange. There
has been talk among the stockholders of IodS-
ing charges against Or. Lyman with the govern
ing committee Of the Stock Exchange, but it is
learned that such action has yet been taken.
former empIoye Of Joshua Brown & Co. said
yesterday that Br. Lyman had within the last
TWO years Hpaled SIX or seven mining companies,
among them the Foreign Syndicate limited. of
No. . Great Winchester-st.. London. Or. I.y-
man could not he found yesterday. but h. is
quoted saying that he thinks the present
president Of tie International Zinc Company is
a man named Chadwick" c. ". Johnson re-
signed As president a month or two ago. Sey-
era! stories about his career in Chicago were
tolG by stockholders Of the company Yesterday
Further light was thrown the affairs of The
company Yesterday through the firm of Barrow
Wade Guthrie a Co. auditors and public ac-
countants. at No - Fine-st. This firm made
an examination OF the books Of the several
mines which We're merged into the Interna tional
Zinc Company. According to these books the
companies We're making good earnings and the
nrm of accountants issued a certificate to that
effect. This statement was sent to Joshua
Brown & Co, who became the fiscal agents Of
the international Zinc Company. and by them
was sent broadcast throughout the country
James T. Anyon of Barrow. Wade Guthrie
q Co. said Yesterday that his firm found thai
their name was being used apparently that of
hackers of the company. the statement being
advertised that they had supervision of the
companys books. SO on February 21 1909 Mr
Anyon wrote To the company. asking that the
use of his firms name i'm the zinc company's ad-
Vertlsements cease. In answer Perley Morse
called on Mr. Anyon and said that he repre-
sented DIR. Lyman's interests in Joshua Brown
& Co. adding that MIR. Anyon might rest
sured that all right with the company,
DR.. Lyman would take good that there
should be nothing crooked. Finally, after legal
proceedings had been threatened Mr Anyon
added. the of the name Of Barrow Wade,
Guthrie & Co. in the advertisements dis
continued by Joshua Brown & Co.