Bisbee daily review., 1904-01-10

elected, and the court stated plainly that net only was this meeting legal " held in accordance with the charter, but that d meeting held by tie com pany ir Philadelphia or elsewhere outside of the territory would be ille- gal and void"
 Naturally, when we read that we were much concerned, Judge Edward Kent. who presided and who is pre- sumably the judge quoted, is a liar yard man, and was an able attorney in Michigan and Colorado before he was appointed a judge in Arizona. We have been somewhat relieved on the: law points in the case ny a report from our representatives that they have information leading them to be- iieve that the report as published in the Globe paper was prepared CT in spirec 3y Mir Fleming. and that he intended 10 distribute copies of the pa per among the stockholders. This re- port goes further and says: ;
 "'Our attorney, George !. Stoneman, of Globe. who is undoubtedly the most able corporation lawyer n this part of the country. asks me to say. that he positively denies any such ruling as was put in the mouth O. Judge Kent :,.-.
 T am also advised continued MT. Tustin, in letter from cur represen- [ tative that former Justice Baker goes further and contends that as all the meetings of the directors and stock holders have been held in this city, every act is void even to the acquir- ing of the property, and that the prop erty would revert to the former own sonally, GO not believe that any meet ing was held in Globe cn the 7th. I believe it was an afterthought.. Our ] bylaws provides for Philadelphia as he principal place for the transaction of business and it provides that the
 directors shall be elected annually on the first Wednesday after the first Monday of December, or as sam ;hese- after as practicable, by the stock hold CTS at such time and in such manner IS shall be prescribed by the by- laws
 The directors elected at the phila- delphia meeting elected Charles A. Chase president. He is now in Ari- zona, but has been recognized by that contingent except in so far as he has been permitted to pay the expenses necessary to the preservation of the property. We have an expert ac- countant there, but he has not been permitted to see the books Neither one of our agents has been permitted 10 see the books or the mines, and in today's mail I received the informa tion that MT. Fleming had placed an armed guard at the mines to prevent the proper officers taking possession.
 MT. Fleming elected himself presi- dent. his son Charles vice-president, his son Porter secretary, and his son Richard treasurer. Three of his five attorneys were made members of the Board of Directors. His attorneys, am advised, will take the case through all of the courts possible should they lose in the District Courts, and in the meantime they will endeavor to hold possession of the property. am unable to say what his object is. That is matter for individual opinion. I am unwilling to pass upon the law points raised. All of our business in - Arizona was done by a son of MT Fleming, who is an attorney, and who Is on his board of directors. It there is any law in Arizona to support such a contention as they allege, believe the establishment of that fact will en6 the demand for Arizona charters, and not only that, 1t will ca 2 great deal of trouble and anxiety among the stockholders and directors of compa- nies operating nGs- such charters "- Philadelphia Bulletin