The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1908-11-01

those now uuraveling the affairs Of the
concern that its holding could consist
emily be valued at several hundred
thousand dollars, free from debt
No more bitter eXCOTiatI0n OF certain
corporate methods could have been ut
tered than that Of Justice ClaDaugh al
The time Promoter Partridge was be
fore him for contempt OF co4fL iyIt1 ="
ing his failure 10 produce the ocoAs "a
the National Lumber COMPANY. IL 80
at this time that the " Warming Sent
to directors TO say nOJnlus vas
sprung BY the ministers attorneys. DE
handing the books. Justice tlAoAusA
7-l ...rF ~ co1Tts win not tolerate such
dealings ia corporations / do not De
/ Iieye a word InaJ has been salds ana
am prompted 10 send you 70 JAN AoL a
/ good long term. However, 1 VIII giE5
I you week IN which 10 produce ule
! books Of the National Lumber COM
This was in May last. Representa-
tive Samuel ". Smith, OF the sixth dis
trict of Michigan, was hen seated N
the national House OF Representative IS,
holding the important position OF cnalf-
man Of the House committee on Dls-
trfct of Columbia, and having in his
hands the fate Of the legislation al
fecting another CrrpOTatlon-tn " ASH
ingtOu GashghJ Company HOW Repre-
/ sentative Smith showed his friendship
/ ing TO call up in the House the cheaper
/ gas resolution, after his committee or
| dered its favorable report, has been
most undeniably proven by The Times
No Work for Treasurer.
| Thomas S. Hopkins. formerly treasur-
! er OF the National Lumber Company,
! says he resigned more than a year ago
! because he had no duties. Mr.. Hopkins,
when asked about the information in
! possession of The Times, issued the fol-
/ lowing statement:
| Thomas :. Hopkins states that about
! two years ago he was asked to become
/ q treasurer OF the National Lumber
/ Company. and some forty or fifty shares
/ of stock were given Ilm Tor services as
/ treasurer. Subsequently, the company
! was consolidated with or merged into
/ the Southern Consolidated Milling COM
pany. and stock in the latter was given
! him in exchange for the former.
He knew nothing in regard 10 the
! assets or condition OF the company, eX-
/ CepT from hearsay-
! During the period that he was treas
urer he never received or Cls5urSed a
/ cent of money for the company, and
never attended but one meeting.
Gives His Stock Back.
! About sixteen months ago he re
! turned TO the president of the company
Ian the shares of stock he held in il, and
! ne has not since tnat time held any
/ stock in the company, direc ly or indl-
rectIy The reasons sor his cions are
! stated ia the letter accompanying the
I stock. which was as fOllOWs:
" Mr.. Jesse B. wilson,
president Southern Consolidated
/ Milling Company.
/ % Dear Sir:
- beg herewith to resign my Of
| flee as treasurer Of the above com
! many. have had no duties to per-
/ form since becoming treasurer, and
! there seems to be no reason why the
I duties of treasurer cannot be per
formed by the secretary
." 'Inasmuch as the stock which 1
| now hold was GIVEN TO me with
/ the understanding that il was to be
/ for services performed, and as L have
/ Derformed no services, do not think
In would be right to continue hold
! ing the stock, so I surrender II ana
enclose il herewith, namely, sixty
shares of preferred and 600 shares OF
common Believe me,
/ VERY truly yours.
THOMAS 5. HOPKINS.