Waterbury evening Democrat., 1906-09-29
OLD CASE REVIVED
GseIgD !. Cloves Hss Brought Suit for s3Oo,oOo Against Buffalo Man.

| George H. Cloves, formerly of the
 firm of Randolph & Cloves, has
 brought suit through Colonel Burpee
 for $s00.000 against John J. All
 bright of Buffalo. N, Y., and has at-
 tached Mir Albright's stock in the
 Locomobile Manufacturing company
 in Bridgeport; also considerable
 bank stock in the banks of that city
 and his property situated in the city of Buffalo, N. Y. In word Mi Gloves claims that had MT Albright
 stood by certain agreement he had
 made with him he, MT Cloves, would
 to-day be practically sole proprietor
 of the shop and entire plant of the
 Randolph-Clowes company.
 Readers of the Democrat will re-.
 member the litigation between
 Charles Miller of the Miller & Peck company and MT Cloves, for posses sion of the Randolph & Cloves conl-
 pany as it was then known. They will recall that after considerable
 law 1t was agreed, or alleged to havs
 been agreed that If MT Cloves would
 on certain day pay over to MT Mil
 Ter $82,000 in cold cash he could
 have possession of the controlling in- terests in the concern, and that on
 that certain day, which is now
 about three years ago. Attorney John O'Neill and MT Cloves did drive
 through the city with $82,O00 !.
 their possession, not in a lump sum
 in check, but in individual gold dollars and green backs to pay over
 to MT Miller in order that he would l get possession of the controlling in-
 terests in the company, and that af- ter spending almost the entire day trying to find MT Miller they gave up the search as futile.
 Readers of the Democrat will also
 recall reading in its columns about Ing from the financial centers of Buff
 falo to the effect that one George H.
 Gloves of Waterbury and John J.
 Albright and other capitalists had
 entered into a combination by which
 great brass and copper tube plant was to be erected and run by the
 overflow from the Falls of Niagara. The plant was to. be the largest the world and the report caused shiy. CTS to run up and down the spinal column of the brass producing center of the city of Waterbury. All ac these reports, based as they were 9u most reliable authority amounted to nought. The plant of Randolph & Cloves passed into the hands Of Charles Miller and c. P. Goss and has become the Randolph Cloves company. MT Cloves is in the req. estate business and there is not a sign of his ever realizing the report concerning the big factory to be operated by the Falls of Niagara. 5
 When Mir Cloves partner Edward Randolph died, the heirs gave M,' Cloves an option on their interests Anyway, as surviving partner 1t was his duty to administer the affairs cf the deceased to satisfactory settlo- ment with the heirs. Their optiO1 was that if MT Cowes would pay on or before May 1. 1900, &300,000 he should have the interests of his de- ceased partner MT Randolph. If he could not raise that sum in that period the option would be extended to January 1, 1901 and the sum was to be $33O.000.
 To raise such large sum of money as this was no easy matter, but in the course of time Mir Cloves got into negotiations with John J. Albright of Buffalo. and he with other capital fists of that city agreed to raise thst sum for MT Cloves so that he could exAt op hA Nnt af Ina Randolph Cloves Co on May 1. 1900, But they failed to do this, conse.. quently the Randolph heirs extended the option for the increased price of $30.000 more to January 1, 1901. But again they failed and MT Cloves was beginning by that time to wou- der where he was going to alight '. the matter.
 Up to this time the Randolph heirs had made no move in the matter ex- cept to give the option to MT Cloves. He failing them, they opened nego- tiations with Charles Miller. MT A. bright came to town with MT Clowss and offered $125,000 to the Ran dolph heirs. They declined to accept 1t. stating that the entire sum was necessary and specified in their agree- ment. Later. they offered through Colonel Burpee in New York $72,So0 cash, and this also was declined. Tho matter then went to court, the Buff falo people contending that 1t was not necessary to pay in the entire sum of e300,000. but only suficie' t to obtain the controlling interests in the concern. After considerable liti- gation the matter was decided againft them. During the many hearings of the case, 1t came out that the Buffalo people and Mir Cloves intended to re- move the entire plant to Buffalo, bu. Colonel Burpee, representing the Randolph heirs as we'll as Mr Miller and c. P. Goss. contended that such an operation would not only reduce the value of the stock but the value of the actual plant also, and this was the view the court upheld.
 That ended the connection of the Buffalo people wth the matter. But meanwhile the negotiations which the Randolph heirs had opened with Mir Miller some months previous were bearing fruit. and eventually closed with the agreement that Mir Miller was to obtain the controlling interests by paying down in cash e100.000 and 3200.00 later. Evert- ually Mir Miller got possession or the entire plant for the 0o.000. and up- set the plans of the Buffalo people. which would have taken from Water bury one of Its oldest manufacturing plants.
 Now. after three years. Mir Glow es is entirely out of the Randolph Cloves Co. He maintains that if his