The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1908-10-12
LIEUT.. GOV. MEADE
MAKES DENIAL
OF CHARGES
Preferred by Minority Bond
holders Against ReCei Vers
ASK FOR THEIR REMOVAL
Mismanagement and Collision Al
legged in Petition Filed in Rutland
Court Of chanoeV.

Burlington, Oct. 12.-'rhe Burling-
ton Free Press of this morning prints
the following special from Montpel
Ter:
Lieutenant Governor John A. Mead
said this evening to representative
Of the Free Press, who showed him an
article sent out from Rutland and pub
lished today in the Boston Globe that
about the only truth in the published
statement is that he with the Hon
Henry f. Field for many years state
treasurer and now president Of the
Rutland County National bank OF Rut-
land and Newman X Chaffee, one Of
The most prominent and representa-
i've business men Of the state were
appointed receivers of the Columbian
Marble and Quarrying company and
as such leased the property to the
Vermont Marble company Of which
exGoy. Fletcher d. Proctor is presi-
/ dent and general manager. This
lease was made by direction of Chan
cellor w w. Miles after due notice
and full public hearing. the full par
ticulars of which were published by
the state press al the time
Dr. Mead stated In reference to the
charges of mismanagemen and collu
sion between him and the other gen
| tlemen above named that the high
character and integrity of Messrs
Proctor Field and Chaffee ought to be
sufficient refutation Of these malic-
! lous allegations which he stated were
| absolutely without foundation
The article referred 10 appeared to-
day in the Boston Globe under Rut
| land date line as follows:
Charges of misleasance, fraudulent
management and neglect are made
against Lieut. Gov John A. Mead, Hen
rs F. Field and Newman X Chaffee all
Of this city. In a petition just filed
with the clerk OF the court Of chan
Gerry by the minority bondholders who
ask for their removal as receivers fol
the Columbian Marble company.
The document Is signed by Rebecca
! a. Gordon administrators OF the es
| tate of lockwood Barrett, William K
| Drew. Jennie Gordon Drew. Oscar b
ireland. William w Brewster trustee
Of Samuel Harlow, Hannah c. Mel
son and Rebecca Eddy.
| Liout-Col Mead Is alleged TO have
used unlawful means to secure frs
and second mortgage bonds OF th'
company and to have used EXPIRES
| +. F. Manning. now az Marble Colo
as q tool In order 70 accomplish hi
| purpose.
It Is claimed that the plant wa
leased TO the Vermont Marble com
pany through Or Mead without motto,
TO the bondholders and that the lessee
is breaking down the property an,
destroying the business of the con
Germ
The court is asked to decree tina
the receivers shall forfeit all compen
sation for their TWO years work ant
appoint new receivers 10 Investigate
and demand from the old receivers re
storation of all money, assets or PROF
erty found TO- have been diverted Tn
receivers are allowed two weeks Il
answer.
The petition charges that DR.. Mea,
acquired the Columbian bonds solel.
that he might foreclose said mort
cages to- the exclusion of all subse
quent and other stockholders ant
creditors. rendering The Columbian
absolutely subscribing to his wishes.
II Us claimed that the proceedings
taken before the court In 1906 by Or
Mead and others for the appointment
of receivers were defective and illeg
al. because no notice was given 10 tn,
stockholders of any meeting october
., 1906, that the stockholders never
authorized President Manning to file
an answer conscuting TO a receiver
ship. and that the whole matter was
/ put through at the direction of Or
/ Mead. President Manning signing the
bin under direction. that Or Mead
agreed TO reward MIR Manning by TAX
ing up the undivided half interest In
. blue marble quarry at West Rut
land.
Or Mead is alleged TO have begun
negotiations with The Vermont mar
BILE company 10 lease the Columbian
plant without notifying the bondhol.
dcr and by false representations, OBJ
tanning the courts consent
Il Is alleged that Chaffec and Field
are under domination of DR. Mead
iu an matters relating TO the receiver.
ship and know nothing Of the opera.
lions OF the receivers except what he
~