Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-01-14


Fully as sensational as Thomas W.
Lawson's own story of the Bay State
Gas receivership is the history of that
af1air given in a suit, the sequel to
the receivership, in which Receiver
Dwight Braman was defendant, says
the New York World.
II is the untold chapter of Lawson's
story, and supplies unexpected corrobo.
ration of his narrative. From 1t the
inference is almost inevitable that the
Standard Oil furnished the money "
end the receivcrship, just as Lawson
says.
This suit. brought against Dwight
BramaI to compel him to give an &c.
counting for his receivership, takes up
the story where lawson leaves of. The
suit against Braman was brought by
William Buchanan, the solitary bond.
holder whose belongings were made
the basis of the hurried receivership,
and in this suit Buchanan declared
that he had been deceived throughout
by Braman.
buchanan is multi.millionairc
eighty years old, formerly n member
Of the tobacco firm of Buchanan 4
Lyall. which was later sold to the
Tobacco Trust. He is now jutc manu-
facturer In Brooklyn. He was one of
the early bondholders of Addicks' Bay
State Gas Company, and when that
Delaware politician ran the stock
down to such point that the com.
pany was threatened with bankruptcy
buchanan consented to allow Braman
TO bring an action for receiver.
Braman was a member OF beth the
New York and the Boston Stock Elk.
changes. Buchanan met him at the
brokerage offices Of Taylor 4 Mayer.
No. II Wall street. When Braman
learned that Buchanan had 100000 Of
the gas company's bonds he began an
inquiry.
One Of the things which Buchanan's
counsel says Braman found was that
Addicks, candidate for the United
States Senate, had arranged to make
over the control of the Bay State Gas
Company to the Standard Oil Company
to get the money he needed for elec.
ton.
Knowing that Addicks badly royi.
cd the money at this time for election
purposes" reads the brief of Buchan.
ans counsel. William r. Goldbeck, Of
No. 100 Broadway, "Braman conceived
the idea of trying to throw the gas
company into receivers hands. so as
TO obstruct the Standard Oil deal, thus
hoping to corner Addicks and make
him settle for Buchanan's bonds rather
than let the Standard Oil deal fall
through.
THE scheme worked with astonish.
Ing success. Braman took matters into
played. CASTOR & Snow got all the
Boston facts, Roger Foster figured in
the suit as the attorney Of record and
drew up the papers, and in Whining.
ton Brennan retained ex-senator An.
tbony Higgins, the arch enemy OF
Addicks, to present the papers to Fed
eral Justice Wales tsince deceased)
personal friend Of Higgins"
Braman did the whole thing. Bucha.
nan took no hand. At this stage of
the game Thomas w. Lawson appear
cd, and calling himself the fiscal
agent of the Bay State Gas Company.
began negotiating for a settlement
Settlement was made as Lawson des
Cribes, sl25,OOO in money being paid
10 Braman and Roger Foster and q
$4,000 note signed by Lawson 4
Weidenfeld.
Up to this time Buchanan was per
fectly satisfied, but the division of tn,
money received for the settlement Il
where the real trouble began. He de
clares that at 2 O'Clock In the morning
Roger Foster, the lawyer, reached hi,
house with $4,000 in bills, which h,