The Columbia herald. [volume] (Columbia, Tenn.) 18??-1935, 1907-04-19

SdiGs
Tho tennessee Fertilizer Company
~ s,ad a bill in the Chancery Court
a~ainst A ]. Fly, C. n. Tillman and
~ Dodson. E. H. and C..P. Hatch
- represent the compliments.
The bill grows out Of the sale few
weeks since of the Fly farm on the
WuIiamsport pike TO G. N. Tillman'
trustee the amount named in the
deed being $4,000.
The complainants state in their al
1agations that the defendant, Dodson'
oamo IN the home of Mr.. ]. H. Carpen-
,or president of the Tennessee Ferti'
,;,i1ar Co. in November 1906 and stated
thar he had an opportunity OF obtain
ing an option on the Fly farm, which
contained valuable phosphate deposits
and that he wanted to unite with MIN
in securing the option. 1t was stated
that Fly would sell his place for $4O'-
OOO and that the said Dodson and Mr..
Cornenter could share in the excess
received for the place over the $4O'OOV'
That Dodson was told to secure the
ontion. provided he would get 1t with
ont cost, and that he did SO. Tnat
tho complainant company through Its
president advanced from time to time
the sum of $3s5.1o for prospecting the
Mace, and the option being about 70
axnire advanced $500 for an extension
of thirty days on the option mus
bringing the expiration up to the close
., business hours March 18th, 1907.
That defendant Fly knew OF the ar
ran9ement and agreement between
the complainant company and the oe-
PENDANT Dodson.
That before the expiration OF the
optiou. Dodson. without notifying any
of the stock holders or officers OF tne
Tennessee Fertilizer Co. sold tne
property to said G. N. Tinman al
a nr,ce believed to be many thousand
dollars over the option price OF 14o''
600. That this sale was made tnousn
the said Tiliman knew Of the arrange
ments and agreements between tne
complainant and Dodson.
That on March 18th. Mr.. Carpenter
nres,dent of the complainant Com
anv had information that the said Doo
son was acting in bad faith In tne
matter and that he addressed q let
,ar To the said Dodson, notifying MN
that the Tennessee Fertilizer Co. had
decided 10 exercise the option ana Du'
the land. notifying the said Dodson ina
he lDodson) had right to buy a ons
half interest in the place, and tnat
ha aid not have the money TO pay IA
ho,e ~ the cash payment the com
p,ainant company would advance
and carry it for him. DE was az
,,sod that there was a fair chanc'
Of Mr. Carpenter selling the place DC
fore the expiration of the option o.
March 18th The letter reques's'
Dodsou to come to Columbia OF ones
II is further stated that Dodson pan
no attention to the letter ana =.
5orob 14tb another letter was az
arassad "a him, informing him ina
the complainant company nad inlo'
nation that he was trying to sell III
Mace. retaining is interest TOT u,
nrof,t and advising him that the sal
would be agreed to provided the !
interest be divided between Douso
and the complainant company
That after the writing Of the lette
NJ Carnenter and Mr.. Howard droV
to Tho home Of Mr.. Fly, taking $500
with them for the purpose OF MAXIM
tho cash payment on the place. oU
Mr. Fly had come to Columbia. ina
meeting was arranged with MN owe
the telephone and on March lotn
noon a meeting was had with MN
the Bethel when he was rendered u
money. $4,000, but that MI -
waived the tender and the countln
q, the money, saying that Mr. Dodso
held the option on his place and TN
In 2x,ordance with the terms OF u
option he had made out the deed
Mr. podson's order TO Mr.. Tiliman'
The complainant states further thu
they believe Fly and Dodson went I'M
an arrangement to deprive the COT
plainant company out Of tbs share