Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1902-03-31
NOT
Pleased With His
Bargain.
Claimed Stock Was
Misrepresented.
Suit to Restrain W. &
B. Mfg. Co.
From Selling Stock subscriptions
Below Par-Court News.

Action was begun in Common Pleas
court Monday by Calvin W. Vaughn,
of Cuyahoga Falls, VS.. Louis Ii. Whit
comb, VIM. Bailey VIM. s. Bailey, ct
al, as managers and directors of the
American Mica d Milling Co., to re-
cover Judgment for $4,000, which
amount he claims to have paid for
stock in the company as the result Of
fraudulent Misrepresentation. The
plaintiff alleges that he was told that
the company was capitalized for $780,
900, and that besides owning 13 mica
mines In New Mexico, It also had
other property and cash to the amount
of $4,000. 1t is further alleged that
WIN. s. Bailey represented that he had
purchased a large block of stock in
the company and regarded it as n
splendid investment. The plaintiff
claims to have found out that all these
representations are untrue, that the
company did not own 13 mines in
New Mexico, and that such mines as
1t did own were abandoned as worth
less, and that the defendants knew
this when they sold him stock.
WANTS PAYMENT AT PAR.
Edwin Mansfield, who represents
chat he owns Oh $100-shares Of stock
in the Whitman & Barnes Manufac-
turing Co., has applied to Common
Pleas court for an order restraining
the company from settling certain
subscription for stock at less than
par value. He states that in the
Years, 1889, 1893 and 1894, the capital
stock of the company was increased
from $2,O00,000 to $2,5OO,000. and that
rhcre is now n disposition oil the part
" the company to- accept below par
ralue in settlement of notes and other
obligations for the subscriptions in
treasing the capital stock. He also
wants to force collection OF all the
subscriptions.
JURORS DRAWN.
Jurors for the April term of Common
Pleas court were drawn Monday as
Sollows:
Grand jury-John @. Weber, y. r,
McCourt, w. II. Myers, VIM. Schroe-
der, Akron; S. =. Weygandt, Frank
lin; Eugene H. Cranz, Bath; Chas. Pet
erson, Boston; Daniel Vogt, Tall
madge; d. M. McElroy, Twinsburg:
o. Johnston, Tallmadge; Solomon
Kepler, Green; Robt McKinzie, North
ampton; Reuben Hunsbergcr. Spring
field; w. IL. Tifft Cuyahoga Falls;
Frank II. Souers, Franklin.
Petit jury-Wilson Treash, Joseph
Bishop, II. il. Hamlin, John w. Baker,
j. w. Gauthler, Jacob Brodt, Akron;
]. f. Wright, Springfield; A. j. Trip
lett, Coventry; j. Hood, Hudson;
Howard Humphrey, Richfield; Peter
Brentz, Stow; Chas. Call, Stow; John
Wuchter, Norton; Cyrus Young,
Green; NJ. J. Rodenbaugh, Coventry;
Andrew Il. Harris, Copley.
HELLER PROPERTY SOLD.
Attorney II. III. Stuart administrator
of the estate of Geo. II. Hclfer on
Saturday afternoon, sold the residence
at the corner of Prospect and Park
sts., to DIR. ii. u. Conner for $3.50
COURT NOTES.
Chas. Feeker has been given default
Judgment against Henry Dcch for
S1,493,O5.
) Attorney W. A. Spencer has been
appointed referee in the divorce case
of Jessie #. Cover VS.. Clcber w.
Cover.
Houston nepler has been appointed
administrator OF the estate OF Benja.
min Il. Haws, In Norton township.
Certain personal property of the
estate OF Joseph Hugill, IN Akron, was
sold by the administrative, Saturday.
for $612.T4.
Coroner n. o. Leberman has de-
posted s25d2 cents in the Probate
Office. the money having been found
on the person OF Geo, Douber, the man
who was found dead at Barberton.
Saturday morning