The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-07-30
asbestos Concern Booked
for Forced Sale When
She Invested.
UNDER HAMMER ON TUESDAY,
0uaylsy and corhett Still Locked
Up Other investors
Make Report.

Mo.t ,t not all Of the ass OOo which Mrs
Way \-NIns Bull. the widow 90 the ist-
o. William I Bull put into the Magn.sia
,.rssJos Comnany upon the advice ol be-
od time trend Mrs Helen Dunlop Hop.
IN, now stands transmitted INTO ma .
niun-rV for the manufacture of asbestos
vr.'n has not been man ufl Ctursd Nv the
company aud winch. with tn. buildings
,ompsnys Newark plant. - scheduled 10
g. unfer the Sherif' = hammer an Newark
"a tuesday afternoon. August ?. At :
ocI0cS
lonu : Mclntyr- the lawyer ., pf,ssn
az John 4 QuayIey, the president Of tn.
,,n"ern. and Harvey Wiley Corbcit. it's
r-ssurer, both Of wnom AZ Mrs Bulls
Instance w~ro arrested On Thursdsy
r.srsed with conspiracy TO defraud. said
yesterday that all Of the money repre-
.-n'~d by Mrs Bulls purchase Of sioS. 600
'o1h ~ common and preferred stock
N" company had lsen TUNED by the
,omPany directly into the purCh1se OF new
.achInery and IN" impro ~m"nt Of IL.
,Ianta But neither NJ NClutvr" nor
~ clients said anything about the tore
,oeur- sale on Tuesday next. which 10 to
sIusfy a 81, oOO mortgage held upon the
company 5 N~~ark property in the name
t' ? Browning. IrcasuI ~ @: the CAIvan-
type Engraving COMPANY of ?IB " iIiam
street
Twice before company ~ which one
"r both Of the officers now und " arrest
lavsd LEADING rSs"uriv" rar and
Inch owned tn" SAM properties now
cid by tn" Magn .-ia Asl "stcs Company
Uttered foreclosure and d. u ...oh occasion
n@w name vas found for revived com
uany holding IN" Same property. which
I'D heen aid ~ auction Mr. Browning
ssId yesterday that since foreclosure pro
's~dinss had been brought by him against
Qaylsy and Corhett's COMPANY Almos,
year ago $4,000 or 40 Oo0 had b.an ~ ent
N the Newark plant in tho stallation of
''schin~ry and making othar improve
-.nts
With this revelation of the ir1p~nding
'-isis IN the Affairs Of the Magne-ia As
a~tos Company there came yesterday
o'h~r whispers concerning the popularity
.' Nv aNnouk
'.rsons Who are better known in Newport
ran in Wall Street One OF the holders
1.-THE stock which Mrs Bull believes 20 be
~ a. good IA she thought IL was IL Or
N-e,ton Satterwhite Of Great Nerk. l.
" Satterwhite. Who recently married
l-s Florence Brokaw Martin. came in
- make a call on acting District Attorney
o't Yesterday and TO tell him what he
~ h.
rr~rs are now charged with conSpirinx
get Mrs Bulls $500
In" Great Scrk physician said that lac
Tad fought O.. OOO worth OF stock in the
ompany from Quayley not a great time
80 and he gave out a list Of some Of those
n. knew in a social way in this city and az
export who had likewise spent some
u their money in the company which
.ponsors Quayleys secret process for
ming ten tons Of lime rock into one ton
= prime asbestos Among these Is Mrs
gorge n Holt. at present IN Paris. who
fought 500 sworth OF stock from
Vldyley Clarence q FoIlis Of Gramsrcy
Park who. NO DIR Satterw white believes.
owns 20 the possession Of stock equiva-
On 'or 5000 W y ID. Stoke Of the
Hp'" Ansonia and 4. \ Anable. a CON
'Issi1n merchant at 20 Leonard street
-" others who invested Charles Craig.
20" 'ounsel for Mrs. Bull. said yesterday
'r,' there were many oth.rs whose name.
.prsar in IN. Social R,ois,.y who are
-, .hoI,,ar- in IN. cooc.rp hut that n,
rr...sr, ,.4 did no, b.li.y. that thew would
,sra'.t,vea pubIici,y n,,achinx 20 tha,
far
I,lg- f.r.d rather hard with pre.iJ.n,
lg.ylsv and Treasurer Cor,.tt v.S,erday
Nrar t.,,n1 failed ON Thursday nizb, IN
fa,a haI accented and having ann, thu.
~ m polio. ueadouart.rs the two
Br.nrar. xa,o t.L.o h.tor. Na.,.,,.,.
'.''"i % The Jefferson Ma rket court in