The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1908-07-25


Is. THAT With the Operations Of the mine stop
ped and no more stock sold. and no arrange
fBent or provision Whatsoever made OF intended
70 be made. for the payinens q the balance Of
the purchase money. and having no other in
GENE. and mol having SUFFICIENT cash on hand 10
meet said obligations. the said Arizona corpora
ton stands y imminent DANCER Of losing said
the plaintiff and all Of It's othef stockholders.
". The plaintiff AYERS iiInt 10 addition 10 the
said sum due 20 the said bank, the said Arizona
corporation has other outstanding obilga,ious e
the amount Of Sino 500. In addition 10 The rnid
$500 purchase money. aud the mine being idle,
the said property of the said Arizona corporation
y IN imminent danger Of being swept away and
sacrificed by suits and executions. and the stock
holders thereof are In imminent DANCE 81 losing
entirely, not only the money paid iof said stock.
but the entire tale property aforesaid.
20. That the piaintih AYERS and says that the
owners OF the fec OF said tale properly have
fused 10 extend the time for the payment Of the
said $500 and the Board OF Directors Of said
Arizona corporation have declared their inien-
ton not to pay the said sum OF $3.50 purchase
money. ard that they will allow the said option
TO expire. hut that u the said property IL Inn
mediaieiy placed In the hands Of Receiver Of
said Court. with power to continue aud carry
the said operations rs begun BY the plaintiff. the
said mine would earn sufficient Of money, before
the expiration OF said option, over and above all
costa and charges OF operation. 20 meet and pay
the balance Of said purchase money. and this,
taken In connection with the stock OF the said
operating cooperating corporation. which should
sufficient, Of money and capital TO pay all Of the
debts OF said operating corporation and thus
secure and for the creditors and stockhoid.
ers thereof. an exceedingly valuable investment.
or II In the Judgment of the Receiver OF said
Court. 80 TO he appointed. IL should he deemed
for the best interest OF the creditors and stock
holders OF the said Arizona corporation that the
contract OF option aforesaid and the property
therein and thereby purchased. shall Ec sold and
the business OF the said Arizona corporation
ried on ON said property. shall be wound up.
that said Receiver may be authorized and en-
powered to sell said option and property and
wind up the said business there being carried
on. but that the plaintiff Is without remedy with
out the interpretation OF said Court. The bill
| then prays'for the relief aforesaid.
II Is thereupon this I'd day Of July. iers. order
cd that the plaintiff by causing a copy OF this
order to be inserted in some newspaper printed
| and published In Cecil County Aforesaid. once In
each OF four successive weeks before the ID day
OF August. 1905. give notice to the absent defend
ant. William J. Hack. and the said foreign cor
poration. The Venture Corporation OF America.
which, as Aforesaid. has President, directors.
officers 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 In person or by solicitor.
OF before the 18th day Of August next. to show
cause. IL any they have. why decree ought not
| to he passed a. prayed.
MANLY DRENNEN.
True Copy-TeSt: Clerk.
July i.st MANLY DRENSEN. Clerk.