The Washington times., 1902-03-07
kRETOL STOCKHOLDERS
REACH AN AGREEMENT
Continued from First Page.)

There were but few seats in the rooms,
in which there was hardly place to stand.
Practically all present were of necessity
on their feet Mrs. Harrison declared DR..
Kent chairman, to the apparent general
satisfaction.
DR.. Kent remarked on taking the chair,
that "it was proper introduction to an
informal meeting" Continuing, the clergy
man warned those present against drop
ping into personalities or blaming any one
for what has been done.
A long pause, in which no one seemed
to know Just what to do, was broken by
Mrs L. A. Crandall. who stated that the
meeting had been called to secure the
endorsement of the employment of Mr..
George s. Chase as the representative of
the principal stockholders. Mrs. Gran
dali stated that she was not there as a
representative of the board of directors
but as u stockholder anxious to protect
her own interests.
She recounted the facts in connection
with the board meeting Wednesday night
and assured those present that she had
nothing but friendly feelings for Mr..
Browne. although she charged him with
mismanagement. She stated that she did
not believe that there was a more sue
cessful promoter in the country than Mr..
Browne, but that what was wanted now
was not the sale OF stock but the sale of
the commodity.
Let Kretol once get before the pub
lie on its merits and il will not be neces-
sary for us to try to sell the stock. Pur-
chasers will be looking for it.
Proceedings of Directors.
Of prou
and the appointment OF Mr.. William j.
Ford as manager OF the company's affairs.
She spoke in the highest terms of Mr..
Ford. and said that the members OF the
board were sure that he was thorough
business man, and that he would prove
to be the right Nan for the position.
She further stated that there were now
ders for the product. the profit on which
would more than wipe out half OF the
total indebtedness Of the corporation.
Several ladies' stated their continued
confidence in Mr.. Browne. and said that
what they wanted was to see him in
charge of the affairs of Kretol alone, and
not made the local Pooh Ba' of half a
dozen companies that had no connection
with the interests of Kretol.
They intimated that if there had been
mismanagement the members of the
beard of directors were collectively and
individually as responsible for it as was
Mr.. Browne. VINO, 1t was suggested. was
being made the scapesoat for the mem
bers of the board.
Mrs. Crandall stated that she had re-
peatedly warned MIR. Browne against the
course that he was pursuing and that her
letters on the subject were on file in the
Office she would be glad to have those
letters published.
DR.. Campbell ILL.,
She stated that it had been repeatedly
announced that the reason the Janu-
airy checks for the quarterly interest on
the stock had not been sent was that Dr.
Campbell who was then treasurer of the
company, but who has since died. was too
Ill to sign them. Mrs. Crandall said that
she went to see Or. Campbell and that
he had assured her that he had no more
10 do with the handling Of the company's
money that she had.
Mrs. Crandall then proposed that all
of the larger stockholders should contrib
ute TO a fund to retain the attorney. in
timating that those who did not acquicsce
in the proposition might be frozen out OF
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