Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1908-04-02
ANOTHER MOVE
In National Mercantile Co. Matter
Auxiliary Receiver Files Petition.

Another move in the tangled affairs of
the National Mercantile Co. which has
gone into the hands of a receiver. was
made Wednesday,. when petition nam
ing Cardcnia F. King as plaintiff and the
National Mercantile Co. as the defend
ant was filed at the Office of Charles w.
Jones' clerk of courts for kennabec coun-
ty. 1t was an intervening petition Of John
J. McNone. ancillialy receiver. within
and for the State of Connecticut
The petition is as follows:
l. That he is 4 citizen of the State of
Connecticut. residing in the city of Hart
ford, and was On the 9th day o. Febru-
av, 1908. by tie superior court sitting
within and fer the country of Hartford.
duly appointed anclliary receiver of the
above named defendant corporation. and
that he duly qualified as such anclliary
receiver gave his bond for the PERFORM
anca Of his duties as such and has en-
tered upon and is now engaged in the els
charge OF his duties as such ancilliary
receiver.
,. That there has been filed in the suit
which is pending in the State of Connec-
ticut, intervening petitions on behalf of
certain stockholders, and on behalf OF
certain creditors. which said intervening
petitions are now upon the calendar OF
the court and yet to be heard.
s. That there is pending in the supe-
riOr court for the county of Hartford an
action brought by the temporary ancil-
liarv receiver in the State of Connect
cut against Lucius B. Norton, and his
wife, Ada Norton. the said Lucius B.
nrpCi1pnf and
treasurer of the above named corpora
ton, which action is brought to recover
the sum of two hundred and fifty thoMs-
and dollars (s250,0O0), representing the
carital stock of said corporation, which
your petitioner is informed and believes
and therefore AYERS. has been wholly
taken by the said Norton and used for
his own benefit and no part of it, what
ever, at any time has been used for the
benefit of the above named corporation
a. Claims have been made upon your
subscriber as receiver, claiming an ac-
counting for money collected by the de-
PENDANT corporation while engaged in the
transaction of its business, and that such
books and papers as are in the possession
of your petitioner, show that there is due
large sums of money to creditors and to
persons who did business with the de-
PENDANT corporation. which money is due
on accounts which has been collected by
the defendant corporation.
5. During the time that said defendant
corporation was engaged in doing bust
ness. the said Lucian B. Norton as pres
ident collected large sums of money from
various persons. which sums of money
were not RENTED or turned over to the
persons to whom they belong. and all
these accounts remain unsettled.
Your petitioner therefore prays:
That he may be permitted to intervene
in the action now pending in this court,
in order that he may be appraised of all
orders and motions that may be made in
this action. and further that he may be
permitted to file such pleadings ard take
such action in this court, rs may be just
and necessary for the protection of all
parties concerned.