The Idaho Springs siftings-news., 1905-12-23
Suffa Still Sueing.


Sufa Still Sueing,
& \. Sutfa filed SUIT IN the district
couri of Denver tuesday through his
attorurys asking for an Injunction re
sira n1 the Big Five Mining com pany
iron Lung stock also asking for the APP
poin uaent of receiver for the Big Five
proleiues.
The ac,ion is brought by Mr. SuGa
on l. hs.f OF himself and all other stock
hold and creditors against the Big
Five Or. Reduction and Transportation
conc,gl tae deltlItant
TIL company ~as or. anizcd for the
purp ot constructing tunnels to open
and ,eE-lop properties OF the various
mining companies in the federation.
and upon the suggestion and at the in
struc ion of Daniels and Merrill it is al
legged was designated as the depository
OF the funds of the various companies.
During all of the time since the or
ganizalon Of the defendant company the
affair Of each and all of the companies
/ navy ''Nh ny al SASeutiNS
board o three member appointed by the
various boards of directors from among
their humber, and that Daniels and
Merfli have constituted two out of
three n mbers on all Of those executive
comulldees, is aleged.
The complaint alleges the defendant
company is insolvent, having liabilities
OF 90 than S7oo,ooo and assets not TO
exceed $500, 600, and that defendant com
pany oblaIned an option on all of the as
set of the Big Five company and now
Its odicers and the Big Five compary's
are Practically the same.
| fGor to the incorporation of the Big
| Five com pany, the complaint alleges,
Daniels. Merrill aui others IN rhe .eder-
allou were i'll the habit of organizing
1 pools to buy ground for the purpose OF
| iiuahng corporations; that they would
put three-tenths of the stock in the
treasury of the company, set ont-tenth
aside for expense and distribute SIX
tenths amorg promoters, claiming to
/ sci. Z rateably
| lien the Big Five of Arizona was or
| gained il is alleged TO have taken over
all lie assetes OF all the pools at ten
TIM their real value. and then Merrill
and MS sisterln-Iaw, A. 5. Hazen, re-
ceiyei and still hold 6I7,422 shares in
the Big Five company, and Daniels
I hol15 ~, 200 shares representing an ap-
I.
valoe amount to SOS o62 and that for the
rlm nder of the outstanding stock in
Big we the treasury has realized not
mu1e than 5000, 600.
| SIX OF the federation companies are al
legeI to be failures, three are of uncer-
tain yalue and the Big Five owns large
bloc in all
Tn defe ndant company, the complaint
fur her alleges, acting through its presi
dent Daniels, and its secretary Lange,
, is dealing with the Big Five company
through William ?. Daniels, and Lange
and siaims to have purchased the in
stalln ent accounts and mining stock re-
ferre to for 500, 900 shares of its own
slogk WHICH IL IS now prpPoseu 10 us
trIbu among stockholders in the Big
Five that Merrill and A. S. Hazen
viii raceive sos III shares and Daniels
will get "a 600 shares.
The complaint also alleges a deal be-
tween the said companies and the World
Printing company, that certain moneys
were used for purchasing stock in the
World Printing company which did not
rlghtfnlly belong to the company which
used 1t, but did belong to another Of the
com mPauies. The complaint says that
Daniels, Hazen and Merrill will soon own
the whole thing and prays the court to
appoint a receiver and to restrain the
defendant from committing any of the
acts which it threatens to do, asks for a
winding up of affairs Of the company,
and the distribution of the assets to those
to whom they righttully belong.
Billy Wood, who received a fracture to
his left arm last summer by falling from
load of bay, has suffered more or less
from the injury since the accident.
He consulted with a Denver surgeon
this week and had x.ray photographs
taken of his arm and if the developed
plates show the necessity, an operation
will be performed, the bones rebroken
and reset.