Coeur d'Alene evening press. (Coeur d'Alene, Idaho) 1907-1929, 1908-07-22

NJ. Rogers against Burt p. Manson.
John cronan and the b. r. Lewis
Lumber Co. The plaintiffs In their
complaint set forth a number OF
grounds for cause of action against
the defendant. and conclude by ask
ing the court that receiver be APP
pointed for. the companys property.
and in compliance with that prayer F.
A. Blackwell and Fred b. Grinnell,
OF Spokane, were appointed receivers
by Judge Woods this morning.
The complaint filed in the case Is
voluminous and sets out large num-
Der OF grievances against the defend
ants. II commences with the allega-
ton that the b. r. Lewis company
was established In the city in the
year OF 1905, and that Burt r. Nun
son was the owner OF stock TO the
amount of $4,000, and that John
Cronan was the owner OF 249 shares.
The allegation is then made that
Munson. during the time he was a
stakeholder of the company. became
familiar with the company's busl-
ness; that the company was IN debt at
that time 10 various creditors IN the
sum of $S5O.00O. and are stilk In
debt that amount, but that IL has
assets that exceed the company's liza
bilities by 100000, II Is then
alleged that b. II. Lewis gave Mum
son and Cronan. In a settlement.
notes for their interest in the com
pany, and that afterward they enter
ed into conspiracy and began the
circulation OF reports that were de-
rogatory and detrimental to the com
pany's credit. thereby iniurlng Its
credit with the financial institutions
and other places where Il had credit
II Is alleged that b. II. Lewis as pres
Ident OF the company. without au-
thority from the board OF directors
of the company. executed notes to
the amount OF $4,000 to Munson.
and also that he paid TO Munson In
cash money to the amount OF Ss.1s2.
and that this payment was made
without authority. The plaintiffs
then proceed and aliege that Munson
has commenced suits in the court OF
Washington, Minnesota and In this
state against the company. and that
they were filed In pursuance TO a
conspiracy entered into for the In
juring OF the credit Of the company
II Is also alleged that b. X. Lewis
paid monies and executed notes 10
Fred Ives. OF st. Paul. and that his
action in that respect was without
authority. The allegation Is then
made that Munson. recently In the
district court. commenced suit against
the company wherein he asks for
judgment for $4,000, and that he
had a writ OF attachment issued and
levied upon the eompany's property.
and then for the protection OF the
interests OF the plaintiffs. who allege
they are stockholders In the cor
poration. a request Is made that
receiver be appointed for the com
pany's property. In making the
prayer for the appointment OF a re-
ceiVer II Is set out that should the
eompany's assets and property be
sold at a vast sacrifice the
property would be dlsslpated In de-
Tending suits against the company
and that owing to the depression pre-
vaiiing that IL would be impossible
10 secure an attendance 10 the exc
cution sale and that the property
would be sold AZ such 8 sacrifice that
It would not bring enough 10 pay the
liabilities. and would leave nothing
for the stockholders. and By reason
of these conditions It Is alleged that
the property can be more adyanta-
geously disposed Of 10 all concerned
by having Il placed IN the hands Of
a receiver.
Simultaneous. or almost 20. with
the filing Of the above suits in the
district court there was filed three
other suits. In one OF these suits
Z. A. Mccarty is the plaintiff. and
In his complaint he alleges that the
company by direct Indebtedness and
assignments are indebted TO him In
the sum OF about sI2. 900. and a writ
Of attachment was issued in the case
this morning and levied on the prop