The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-30
Receiver Erd Secures New Court
Order to Straighten Ont
Hotel Accounts.
MAHANEY THREATENS TO SUE.
President Declares Plaintiffs A lie
cations Are Libelous and He
Was Prepared TO Settle
With Major Dennis.

Charles Erd, receiver for the Monticello
aotei Company, in his attempt to unravel
Inc financial tangle into which the organiza-
uon has fallen, applied to Judge Taylor in
chambers. and received an order to employ
an expert bookkeeper to go through the
accounts of the company
This order was made necessary, It Is said
by the superficial examination of the books
Of the company, made under the appointing
order Of the court.
This examination, said .stockholder of
the company last night, showed at the
Very first ledger entry a credit TO Mr. 1r-
vine Of N,S3l with notation. See journal.
Examination of that page showed a blank.
There was nothing in fact to show any
reason for this credit. 1t was found neces-
stssry. therefore, to employ an expert to go
Another order was obtained from the
court TO enable the receiver to pay a de-
fault 5udsment which the company had
against it, for about 500. Mexican & Co.
had secured an attachment, under this
niture Of the hotel. The Sherifs constables
check Wilt be sent to the Mexican concern
the first mail on Monday
The Monticello was filled with guests yes
terday and Manager Tanner said that by
the first OF the week the house would be &C.
cupted to its capacity. The hotel company
pays LOCO month rent, he said, and is re-
ceiving an income of about 5000 month,
SO that the ability to recuperate from the
cellent.
MAHANEY's THREAT.
President William d. Mahaney, the nomi-
nal president Of the hotel company, and the
principal defendant of the suit brought by
Major Dennis and Edwin NJ. Ilidder, a
stoekholder Of the company, said:
h., R, the statements s n have seen published
gard to this suit are true / have only to say
that II there Is any law In Missouri shall
proceed against them. on Monday. for criml-
my personal relations with Major Dem
mis- are friendly enough The complications
have nothing whatever to do with the af-
fairs of the Rialto Grain and Securities
Company.
81 have never acted as an obstructionist
in the affairs of the hotel company. have
never been asked TO resign my position as
president. and SO far as the charge of mis-
appropriation of funds are concerned, h
these published statements are contained in
the petition, I may say that have never
had anything to do with the active man
agement of the hotel. and never had access
to the companyS funds.
'Ktdder and his attorney. Webster, are
simply interlopers in the affair, They have
.butted In on this proposition when every
Dennis and myself to have settled the en-
tire matter on Friday.
II had signed certain notes to secure the
$50, 200 common stock of the company and
the SIS 900 preferred stock which held, and
was perfectly ready to turn this stock
over to Major Dennis when these notes
were paid.
1.-THE statement that am not the right
full possessor Of this stock is not true. All
one will have to do IL to go down to the
Germania Trust Company and examine the
certificates to prove the truth of this.
Attorney Webster, who Is a stockholder.
as well as attorney for the hotel company.
said last night that possibly a deposition
would be taken from l. c. Irvine to-mor-
row. though he would be entitled to legal
exemption If he so desires.
When asked about MIR. Mahaney's charges
of libel, contained in the PLAINTIFFS petition.
Mr.. Webster said: 'Whatever those state
ments may be, and one must remember
that appear only as attorney an6 not as
plaintiff In the case, such statements
made in court papers are privileged.
II don't think he will sue"