New-York tribune., 1905-07-16
GREENE WARS ON TUSTIN.
With Horse, Foot and Hearies 1T
tQcks EnemyS Position.

Colonel William c. Greene, through his counsel,
NJ. z. Hardy. OF No. 70 Broad-st., yesterday began
action in the Supreme Court 70 set aside
agreement with Edward b Tustin former treas
urer OF the Greene Consolidated Copper Company.
and to recover 100000 in stocks and cash loans
advanced TO Mr.. Tustn in the last two or three
years. The papers were served Mr. Tustin at
his Broadway Office.
The complaint sets forth among other things. the
following agreement alleged 70 have been made in
1901:
That the said Tustin shall carry five thousand 9g
Consolidated Copper Company until the price Of
dollars per share when the sane shall be sold and
the said Greene the sum OF one hundred Thousand
tS000t0 dollars; all other interest in and to said
Tustin Should any dividends be received 6y said
Greene in the mean time on said stock the same 10
sand (slo0G00 dollars
Colonel Greene in his complaint says that Mr.
Tustin has broken the agreement and has caused
be circulated false and sIanderOus reports about
the Greene interests result Of which the stock
OF the Greene Consolidated Copper was depressed.
He also alleges, on information and belief that Mr.
Tustin has disposed OF his Greene Copper shares in
violation Of the agreement The complaint contains
a tabulated statement OF cash loans by Colonel
Greene to Mr.. Tustin aggregating about $4,000 one
Of these items is $1,000 paid to the Seaboard va
tOnal Bank account Of Mr.. Tustin
Colonel Greene yesterday opened up a fight along
the whole line against his enemies os the Copper
Trust, who have been trying. to force him OF
his holding OF Greene Copper. and thus take his
company away from him BY attacking his other
mining concerns. The colonel stole a march
them first by holding meeting OF the directors OF
the Greene Consolidated Gold Company q day in
advance Of the date generally believed have been
set for the meeting, thus avoiding injunction
and declaring the regular dividend OF per cent
the stock for months IL IS said that the
colonel thus caught some Of his enemies short os
the dividend
Yesterday he issued the following statement to
stockholders in the company, the dividend having
been declared Friday and checks mailed last night:
dated Gold COMPANY on July "A declared a dividend
OF 20 cents share $ 1s2 60). payable 10 stOckhold
OF record aL the close OF business en- Friday,
Owing 10 the fact that the cotere OF spectators
who have lately been interested in endeavorIng TO
depress the price OF stocks in the Greene Con-
sohdated Copper and the Greene Consolidated Gold
than S00eCO shares. and had threatened injunction
mouth Of July. and Thereby endsavor TO save the
best to pay the dividend without lengthy notice,
holders through litigation, might De deprived OF
the money due them for an indefinite period.
that continued good results are being obtained
Il Is hoped that The present press, dividend VIII be
A most determined effort has been made during
stockholders their property Tho motive FOR
this has been not only 10 depreciate Greene Gold
stock but also 10 depreciate the stock OF the Greene
Consolidated Copper Company, which ia under the
same mana cement. believe that these attacks
utterly failed, and that the true test OF merit
In a property Is what interested parties who
have never had an opportunity for investigation
and who base their opinions wholly upon hearsay
evidence may say, but what the property pro-
duces.
AS 10 the unfortunate. deluded degenerate who
has posed before the pubic as the man weo mas
instigated the reports circulated. II is my belief
stron W nancsI interests higher CD who have used
him for their selfish purposes. thereby causing
the sale OF many thousands OF shares or Greene
Consolidated Copper and Greene Consolidated Gold
in the hope that prices would be broken. and who
now, having accomplished their purposes, nave
deserted him. leaving him bankrupt In health
fortune reputation and friends. As he continues
his misleading reports, he may now be compared
TO the rattlesnake. which, being hard hit strikes
himself burying his fangs IN mis- own neSh until
he expires from his venom.