The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1905-12-12

| sitiOni and We were duly organized. "a
stock book furnished. l am not sure
whether it was new one OF not. do
not think it was.
Q. Who was the secretary
A. J. r. CotIingham. and ne had
stock issued TO himself and filled out. and
watkins stock was niled out. and I
signed several certificates that We're not
nlled out
Q. You signed several IN biankg
a. Yes, sir.
Q. AZ whose reuucy'2
A. Couinaham and t:obb.
@. why WAS that done?
A. As they representa- TO me at the
time. they dill not know just how much
each one would take. do moi thinlS
that ! filled out any for Asp
@. was that stock transferable?
a. Yes. sir M one way yes. SIR.
The stock could be assigned
Q. without noting il on the books2
A. No. fully nha stock could be as
signed both on the certificate and on
tho books. ana the gransfer be nude by
the secretary.
@. Did YOU afterwards learn who
same into possession Of the stock-tho
stock that you signed in blankg
A. No, not definitely
O. What was your understanding?
A. heard good many rumors So
far as l know myself positive and per-
sonally. had no business relations with
all Of them. I know that c. S. Jobes
was a stockholder. because We corre-
spond. and nhwlng was a stockholder
and ]. c. Robb and J. r. Cottingham,
and I heard Flynn say he was; never
saw any stock In his name.
Q. Now state what you was capital
lied for
A. Fifty thousand dollars.
O. How much OF that was all pald up2
A. The cash required was twenty
five thousand dollars.
O. Was that all paid M
A. As l understood It. II was. They
said II was-that twenty-five thousand
dollars had to be paid to DR. rhreadgill.
O. This stoclS--you say tfat you were
capitalized for fifty thousand dollars,
and that there was twenty-five thousand
dollars paid in; did you pro rate flfty
thousand dollars in stock among the
stockholders, and for that there was
only twenty-five thousand dollars paid
in?
A. Yes. sir. ! paid in three thousand
dollars In cash. and took six thousand
dollars In stock And later / took a
portion of the bankers stock in Kansas
City, Mo. and paid sixty-five cents on
the dollar for 1t.
Q. was you the superintendent. for
six months?
A. Yes, sir. approximately
A. J. r. Cottlngham
@. Are you stin a stockholder?
A. No.
O. Who did he buy IT for2
K. l suppose for himself; do not
know
O. What did he pay you?
A. ! got twenty-five hundred dol
lars for eight thousand dollars In stock.
Q. You lost money. then?
A. Yes. sir; lost something in the
nelghborhood Of twenty-five hundred dol
lars.
@. Have you any reasons--have you
any objections TO stating your reasons
FOR separating yourself from the COM
pany?
A. The full reasons would be very
lengthy and ;ake a great deal of time.
/ can give the direct reasons. The board
condemned the management. and I was
given to understand, that it was the
governors wishes that l resign that nj
refused 20 sell my stock the contract
would be annulled
Q. Who gave this information TO
you?
A. First. J. r. Cottlngham gave me
that kind OF talk--talked that way,
He gave me that Impression Later.
I a.
was two or three gentlemen there,
among thm d. L. Larah, who was very
much surprised and they thought that
some mistake had been made. and they
thought they would come here and get
the thing fixed up all right They mei
with them on Sunday mornlng-the met
Robb ana Watkins here al the Delmon-
leo restaurant. and after that Larsh
TOLD me that nothing could be done. the
govcrRor--
Q That Influenced you IN retiring?
a. Yes. sir
Q. DO you know whose hands thc stock
went into?
A. No.
O. How much stock ala FLYNN gay be
had2
a. lie didn't say
Q. Did ne say what he paid?
a. RE dldn't say ] think two thou
sand or four thousand heard him say I
ne sold az par Iithink he bought Il for
two thousand and sold 81 Tor four .hou-
sand.
q. How much did he have?
A. -Four thousand. if that Is right
Q. How long did he keep that IN his
possession
A. I DO not know.
By Mr Decker: what governor do 4
you refer 90?
A. Governor Ferguson.
By Mr. Jones. DO you know William /
Grimes. the secreary Of the 'euitory2 I
a. Yes, SIR
q. Was he a stockholdcr2
a. So far as know, no.
Q. Dld he ever ten you he ownei
stock2
A. No.
Q Has that company been reornn-
lied?
a. DO not know anything about a.
Since LEFT Il Do NOT know any hing
about b only what have seen in tha
newspapers and hearsay
O. ny Mr. Jones': Doctor what ia the
amount Of compensation poid by the orr
riiory FOR the care ana keep Of the pas
tfentsq
A. Two hundred dollars per head per
annum.
O. You had two quarterly payments
while you were there7
A. Yes, Sir.
O. What was me amount of thage