The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-04-29

I Their husbands had during their lifetime
| been prominently identified with the Wig
gins Company. and these holdings in seV-
| eral cases furnished the income for the
heirs of estates. AS one trust company
official put it,
THE difficulty in this whole deal has been
! in getting the women 10 make up their
minds. In dealing with men We could have
reached a speedy decision, but in nearly all
| sder.. interviewed their sons and relatives
and the whole town knew of what was 60
Ing on through indirect sources They are
is entirely praiseworthy, but it illustrates
how much more difficult it is to transact
business when women are parties to the
negotiations
Among the holdings of women. Mrs.
Marie F.. scanlan is supposed to have the
largest block. Though it has been claimed
that she has 900 shares, it is stated by
director of the Virgins Company that her
interest amounts to 1.i00 shares. At the
500 @ offer ;. this would @ amount to Saoo@9 Mrs. Mrs
Whitmore and Mrs. S. c. Clubb are other
large holders.
Night Conference Held.
Last night President Wade, Judge Jacob
Klein President Scullin and several others
conferred at the Mercantile Trust Company.
The statement was reiterated that the Mer-
Santile Company had over one-h half of the
stock. This much had been signed upon
agreements. The status of affairs was re-
ported as practically the same with the ad-
dtional feature that litigation had been
In the interest OF an early Set-
tiement of the deal.
Suit in Circuit Court.
The Mercantile Trust Company institut-
ed proceedings in the Circoit Court yester
day afternoon against the Virgins Ferry
Company. the Mississippi Valley Trust Com
pany and the holders Of 5l7 shares Of stock
In the Virgins Ferry Company to enforce
an alleged agreement of the stockholders
to sell their stock to the Mercantile Trust
Company and to restrain the transfer of the
stock to the Mississippi Valley Trust Com
pany.
The defendant stockholders are Lon K.
NJ. Whitmore, who. 1t is stated owns 30
shares: Charles MullilSin. 107 shares: A. w.
Christy, 72 shares: Carolina G. Dimmock. 81
Thaw. 20 shares: Mary Archer O'Reilly, 10
shares: Rosalia Drosten, 10 shares; Helen l..
Bridge, and Sarah j.; Anderson; 6 shares
Durkee. shares. and Hudson Durkee. a
minor. of whom Rose Durkee is guardian. l
share
a proposition made by the Mercantile
Trust Company to stockholders of the wig
gins Ferry Company to purchase their stock
for $500 a share. to be delivered by May q
that a majority of the stockholders. includ-
ing the defendant stockholders. agreed to
SELL but that the defendant stockholders re-
fused to carry out the agreement IT IL
also averred that the Mississippi Valley
Trust Company. knowing of the agreement
induced the defendant stockholders TO denv-
er their stock to il, by Offering a nigner
price; that the agreement with the Missis-
sippi Valley Trust Company is about to be
carried out, and that the stock Is in the
possession of the Mississippi Valley trust
Company. s
No notice of the suit was given the de.
PENDANTS for fear the purpose OF the sulS
would be defeated. it was stated. A formal
offer of the price of the stock is contained
in the petition.
1t is alleged that the damage which would
result by the nonfulfllment of the agree
ment cannot he calculated, as without the
stock the plaintiff and the persons 1t rep
resents would not have a controlling inter-
est in the Virgins Ferry Company.
Former Judge Jacob Klein of the firm OF
Klein G. Hough, who filed the suit. pre-
sented the matter to Judge Ferriss of Dl-
vision No. g. who issued temporary re-
straining order. and directed the defend
ants to show cause at 10 a. m. next Fri.
day why temporary injunction should not
be issued. A bond of 100000 was required,
which was given, with Festus J. Wade.
Given Campbell. Paul Brown. James }.
Butler Jonathan Rice and John S. Sullivan
as sureties.
Judge Klein said last night that julius
S. Walsh president of the Mississippi val
ley Trust Company. and Philip c. Seaman,
secretary of the Virgins Ferry Company,
had been served with notice of the suit
This, he said. was sufficient for the pur-
pose until to-day.