The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1908-07-18

Is. That with The operations OF the mine stop.
ped aud no more stock sold. and no afranxe-
mcut OF provision whatsoever made OF iuirn,ied
to be made, for The payment OF the h4l1Hrr II
the purchase money. aud having no other In
come. and not having suficienf cash on hand 70
meet said obligations, the said Arizona corpora.
ton stands In imminent danger Of losing said
property. 10 the great loss damage aud injury Of
the plaintiff and all Of ia other stockholders.
~. The plaintiff AYERS that IN addition to the
said sum due 70 the said Bank, the said Afxona
corporation has other outstanding obligations 10
the amount 81 $500 OF 500 in addition 10 the said
$500 purchase money. and the mine being idle.
the said property OF the said Arizona corporations
Is in imminent danger Of being swept away and
sacrificed by suits and executions and the stock
hoiders thereof are in imminent danger of losing
entirely. not oniy the money raid Tor sad stock.
but the entire tale property aforesaid.
70. That the plaintiff AYERS and says that the
owners OF the fee Of said tale property have re-
fused TO extend the time for the payment OF the
said $3.50 aud the board Of Directors OF said
Arizona corporation have declared their nten-
ton not to pay the said sum OF $500 purchase
money. and that they will allow the said option
to expire. but that II the said property II Inn
mcdiateiy placed In the hands Of Receiver III
said Court, with power 10 continue and carry on
the said operations as begun by the plaintiff the
said mine would earn sufficient Of money. before
the expiration Of said option. over and above all
costs aud charges Of operation 10 meet and pay
the balance Of said purchase money. and this.
taken IN connection with the stock OF the said
operating cooperating corpotniion which should
sufficient OF money aud capital to pay all Of the
debts of said operating corporation and thus
secure and save for the creditors and siockhofd-
erS thereof an exceedingly valuable investment,
or. u IN the Judgment Of the Receiver OF said
Court, 80 10 be appointed u should he deemed
for the best interest Of the creditors and stock
holders Of the said Arizona corporation that the
contrac: Of option aforesaid and the property
therein and thereby purchased, shall lie sold and
the business OF the said Arizona corporation car
ried ON said property. shall lie wound up.
that said Receiver may he authorized aud en-.
powered 10 sell said option and property aud
wind M the said business there being carried
on. hut that the plaintiff Is without remedy with
ont the inicrposition Of said Court. The bill
then prays for the relief aforesaid.
II is thcreupon this I'd day Of July 1908 order
cd that the plaintiff, by causing n copy OF this
order to he inserted in some newspaper printed
and published in Cecil County aforesaid. once In
each OF four successive weeks before the ID day
Of August. igs. give notice TO the absent defend
ant. William J. Black and the said foreign cor
poration. The Venture Corporation OF America,
which as aforesaid, has no President directors.
officers or agents residing In the State OF Mary
land upon whom process may be served, OF the
object and substance Of this bill. warning them
to appear in this Court Ia person OF 10y solicitor.
on OF before the 18Th day Of August next. TO show
cause, " any they have why decree ought not
to he passed rs prayed.
MANLY DRENNEN.
True copy-rest; Clerk.
July i-st MANLY DRENNEN, Clerk.