The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-05-03

| learned this fact and offered the trustee $500
| share. sending at thu time check FOR
! S20.OoO as guarantee.
Yesterday morning Mr.. Foy called upon
Judge Henderson for instructions as TO
what he should do, the result being a con-
ference between all the parties interested.
for the Mercantile; julius S. Walsh and
Nagel and Kirby for the Mississippi Val
ley, and Messrs. Mather and Low for the
I Rock Island Were present to question Mr..
Foy and Miss Chouteau.
Judge Henderson read the contract -
tween Mr.. Foy and the Mississippi Valley
cause 1t contained the clause requiring the
appreciation of the Probate Judge, the es
tate belonging to minors
Looking further into the law Judge Hen
derson announced that the statutes did not
give him power to make an order of sale
in vacation. He said. however. that his
where the exigencies warranted it, and, in
asmuch as the court does not meet until
June, he thought this case might be an ex-
ception.
Chances were then turned upon Mr. Foy,
implying the question would he request an
order from the court to have the stock sold
TO the highest bidder. Mr.. Foy said moth
ing. Miss ChOuteau responded:
SIGNED NO AGREEMENT.
Il did not sign the agreement TO sell the
Judge Henderson, ''and | want the stock
sold for the best price We can get"
MI. roy OlC not request an OTueT OF S9le,
and after a pause Judge henderson re-
marked that he had no power to compel
the guardians to apply for the order, but
any loss that might be occasioned the
minor heirs by their neglect to sell the
stock to the highest bidder
pi Valley. assured the Court that the guard
ians would be protected against any loss.
Judge Klein. for the Mercantile. asked
how could the liability of the guardian be
determined in the future II no opportunity
be given now to put the stock up for sale
and thereby ascertain its value.
Though not a lawyer, FeStuS J. Wade was
allowed to ask Miss Chouteau several Ques-
tions, the first OF which was whether she
the Virgins ferry stock had been made
by the Mercantile. the offer being accom-
panied by $1,000 check
Before Miss Chouteau could answer, Mr..
Foy had interposed with the statement that
he had considered his contract with the
Mississippi binding, and had returned the
check.
SIN mIingly Mr.. Wade continued to ask Miss
Chouteau IL she had further been Informed
the stock.
Judge Henderson interrupted with the re-
mark that these questions might be asked
when the matter is brought into court, at
which time Mr.. Wade would also be given
the opportunity to testify what he would
How long must 1 wait before can make
a statement of what l would bid for the
stock?" Mr.. Wade asked.
After some consideration. Judge Hender-
son decided that he could make his state
ment at any time. and in the meantime the
contract for the sale OF the stock to the
Mississippi Valley Trust Company Is held
to be void In law.
President Wade stated that he would
make a statement to-day, covering his bid
for the stock.
An amfcable suit. to appoint trustee for
the Henry l. Clark estate, which held five
shares of Virgins stock. was heard in
Judge Horatio d. Woods's division of the
Circuit Court.
Judge Wood appointed Joseph G. Holli-
day trustee. and. after his appointment the
five shares OF Virgins stock were sold to
James Campbell at $1,000 a share.
In Judge Ferriss's division of the Circuit
Court the attorneys representing the two
trust companies appeared. and stated that
they had held a conference. in which 1t was
agreed to waive hearings in all temporary
injunction suits and agree upon dates for
trial next week.