The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-08-19
MR.. cANNoN's STATEMENT.
Hopes chickering's Of Company VIII
Be Settled Now.
Especial to The Herald.


Ogden, Aug. 1S.-Ex-Senator Cannon
was visited at II O'Clock tonight at MS
tent in Ogden canyon, where he IS
camping with his family for the sum
mer. The Herald dispatch from New
York reciting the troubles of the Liquid
Air company was outlined TO him and
the direct statement of Mr. Bach was
read 70 him verbatim Mr.. Cannon said
that the subject is not new, and he had
known of very serious personal differ
ences amongst the directors and stock
holders of the company for over year.
and some Of them had been aired IN
public print He was entirely unaware
of the new developments in the case
until the visit of the reporter. Mr..
Cannon stated, however, that he wei
coined the investigation, and hoped that
it viii be vigorously prosecuted before
a court of competent jurisdiction SO as
to have disputes and chickering's set
tied.
Regarding the charges OF the sale OF
personal stock in place of treasury
stock. Mr.. Cannon was decidedly en-
phatic, saying that whatever others Of
| the company might have done, he has
never disposed of one dollars worth
except treasury stock, and that some
time ago he signed over to the trustees
| the identical holdings first issued TO
him; this action being in line with the
plan to reOrganize the company Fur
| thermOre, he has never received his
! contract rights, guaranteed at the time
/ the company was formed He went TO
= Europe and WAS busy promoting the
! company'S interests there at the tins
| that the troubles amongst the stock
! holders and prominent directors started
| here in America. 1t was while he Wai~
/ there that these matters, now com
planned of. were alleged to have devel-
Z l. =, -
vada and ex-senator Dorsey had eX-
| ecuted the contracts for him. Mr.. Can
/ non said further that he has been en-
/ gagged in trying to harmonic the DIFF
/ ferenceS of the directors and prominent
| stockholders and get the company again
on a working basis. These differences
were very serious; charges of ElisTnan-
| agement and fraud and threats of civil
| and criminal actions have been men
| toned by both sides. While he may not
| be able to testify, he viii be glad to do
| So and will welcome the service OF a.
| summons on himself.
Mr.. Bach is an attorney who was in-
terested in an attempt to reOrganizs
the company
The ex-senator. in quoting the inter
view. laid great stress on his belief
! that liquid air will prove to be one Of
the great forces of the twentieth CEN
tury-whatever be the fate of the pres
emit company
The Herald correspondent at the last
exhibition in 1900 saw Mr. Cannon and
the company's attorney, both IN Lon
don and Paris, at the exposition. the
| TriDler company had one of the most
/ popular exhibits Of the entire exhibit
| tons 1t was constantly surrounded by
tremendous crowds at the series OF
daily public experiments Liquid air
was dished out as freely as water. and
the apparent cheapness Of its manu-
| facture was a source of wonderment-
In London, Mr. Cannon's energies were
being directed TO establishing a model
demonstrative plant when the troubles
in America evidently put stop to the
work. In London and Paris at this
time 1t was generally eaderstood that
none Of the stock was for sale