Waterbury evening Democrat., 1903-08-11
GOSS IS OUT OF IT
Cha ples Miller Succeeds Him
 AS President. ,.t-
SAID TO BE BREAKERS AHEAD.


 in Between Messrs Miller and Goss
 Results in the Latter Being Deposed From the Presidency of the Con
 cern.
 The election of officials of the Ran dolph-Clowes Go for the ensuing year has taken place and the new director ate shows that Chauncey F. Goss has been deposed from the presidency. This is the culminat tion of battle that has lasted over year between MT Goss and Charles Miller, the new pres ident and holder of the majority of the stock. When the new company was formed upon the overthrow of the old concern which had George c. Gloves at it's head, MT Goss was elected pres ident because of his experience in the manufacture of brass and copper goods His experience was to be considered equivalent to MT Miller's $1OO,OOO which he loaned to the old tually gave him practical possession of the whole plant. So with MT Goss at the head the new concern spread it's sails and started for the industrial sea. It had very smooth voyage; prosperity beamed upon it from every point and things were as merry as could very well be until one day some one found chunk of stock. said to be worth about $50.O0O lying around the office. It seemed to have been knock ed around pretty we'll; it might have been a football for the clerks without their knowledge.
 When the matter came to Mir Miller's notice it occurred to him that MT Goss said he would take up that $50,OOo worth of stock. But MT Goss said he had made no such agreement, promise or offer. Never knew thing about it in fact, until MT Miller had brought it to his notice. Now this was very strange for MT Miller was positive that Mir Goss said he would take up that chunk of stock; he was as sure as a man could be. Was he to put up all his money, ready money Of course,
 $1OOOO0) into the business and allow MT Goss to draw one-half the profits. For such, as Mir Goss understood was the agreement. MT Miller said he had made no such agreement, such a thing had never entered his head However. the upshot was that whole lot of things thereupon began to dawn upon Mir Miller. There were certain trans acti2ns between the Scovill Manufac- turing Co and the Randolph-Clowes Co which did not please him at all. No doubt MT Goss knew all about them, but Mir Miller did not.
 In short, MT Miller did not like the way things were going and he inquired Of his friends in town and out what course it would be better for him to pursue He inquired of his brother Frank, the coal dealer, in Bridgeport and elsewhere, and that reminded him that he had disposed of the mysterious appearance of that $50000 chunk of stock found hanging about the office, He asked his brother about this and the coal dealer advised him to let it be ar4 bitrated. The mere word arbitration started MT Miller going and made him madder than he was before. So after weeks of delay the matter went to ar- bitratfOn. The arbitrators were law yers, and they could not agree and a third member of the bar was called in, and, to the surprise of everybody, the decision was given against MT Miller He had to take up that $5O,oO0 chunk of stock and pay MT Goss one half the profits of the plant for what he consid- cred was nothing. In MT Miller's opin- ion MT Goss did nothing whatsoever in return for the income he derived from his presidency of the concern only merely to call at the office once or twice a week.
 The election of officers was held the otehr day, and that time was approach ing fast He determined to oust Mir Goss from the presidency and reign himself instead. He was advi sed against this step, for the concern not being ill the American Brass Go, and MT Goss being a1 important member of it, the probable results were shown to him. MT Goss is one of the apprais- CTS of the Brass Go. His duty is to ap- praise sums of compensation to manu- facturers Of certain goods to not put that class of goods on the market, in order to be thus able to control the mar ket for the goods manufactured by the American Brass Go. It was said that the old Randolph Gloves Go was paid $60,O0O year for not making a certain class of brass tube.
 However. notwithstanding this ad- vice. MT Miller determined to oust MT GGsss, and the election of new officials shows that he succeeded. Now local manufacturers are keeping their eyes on the market and incidentally on the rival concerns, the Scovill Manufa ctur- ing Go and the Randolph-Clowes Go.
 It is in MT Miller's way as president of the RandolphClowes Go to make things warm for the American Brass Go by deluging the market with the product that has hitherto been control led by that concern. It may mean a fight, or it may result in the absorption of the Randolph-Cl Co by the Brass Go. That there are breakers ahead is more than evident for those acquainted with the interests of both concerns say that an alliance is impossible.
 FLYER JUMPED TRACK.