The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-11-19
RECEIVER ASKED.
StilwelI Intimates That Canal
Action is Spite Work.

Great Bend Kas., Nov 19.-Attorney
General A. A. GODDARD, of the state OF
Kansas, appeared before Judge AnSel
R. Clark, of the Twentieth judicial dis
trict court here, and filed a long peti
ton alleging certain neglect of the koen
Lake and Irrigation company to con-
form to the state law. This company
is constructing a canal in this county
He asks that a receiver be appointed for
the company so that the business of the
company might be wound up. Mr.. God
ard stated that owing to the company
having failed to comply with the pro-
visions required by law in filing with
the secretary of state a statement of the
business of the company and having
also removed all offices of the company
from the state, the charter board at
meeting on November Is had annulled
the charter of the said Koen Lake and
1rriga ton company, and upon the
annuiling of said charter it became his
/ duty to come into the district court and
ask that a receiver be appointed in or
der that alleged creditors of the COM
pany might be protected.
The allegations set forth further that
| a deal was about to be conSumma ted
| whereby the Koen Lake company would
be succeeded by the Lake StilwelI COM
pany, which company, in its contract
with a trust company. was to issue
stock to the amount of 5000, 000 of
which 100000 was to be preferred stock
and all of this on property represented
to be worth not over $1,000: that this
/ zeal meant the absorption or all inter-
ests of the present company and pos
sibly the defrauding of the present
creditors of the company.
The date for the hearing of the appli-
cation for receiver has been set for the
26th of this month.
A. E. Stilwell. president of the Kansas
| City, Mexico & Orient railroad, who is at
the head of the Lake StilweI company
which will succeed the Koen Lake and
Irrigation company, said that the applica-
ton for receiver was the result of an
attempt on the part of a man who was at
one time connected with the enterprise to
force the concern to pay $4,000 for work
that was never done.
1.-THE teams of this man were tied up
said Mr.. Stilwell, land he wanted to
withdraw them and take railroad con-
tract. He needed $40 900, and he demand
| ed that amount of us. We did not owe
| him anything, and refused to give him
cent. He threatened that if we did not
give him the money he would bring the
application for receiver and tie up our
business. We refused to be baffled, and
the present suit is the result. The man
is not entitled to anything. We can show
receipts for every cent we ever owed
him. 1t is a shame to bring suit of
| this kind and place a cloud upon an en-
terprise which is destined to be of great
beenfit to the part of the state in which
it is projected"
In regard to the charge that the COM
pany had failed to file statement of it's
business with the secretary of state Mr..
Stilwell said that if this so. it had
simply been overlooked and that it was
a mere matter of form, which could be
| complied with at any time.
1.-The offices of the company have not
been removed from the state said Mr..
! Stlwell. THE secretary is there still. and
the directors are there also. In regard to
| the statement contained in the dispatch
that stock to the amount of 100000 is to
be issued on property not worth over
s100,00 l will say that that is correct. The
property is not worth over 100000 in its
present condition. but it will be worth So
O0o, 900 or 81, 100000 when the improvements
| pleted-''