New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-03-05
WILSHIRE CASE Up.
Compangs Books
Closed, 1t Is alleged.

According to Lindley VintOn. minority
stakeholder in the South American Cold
Company, Gaylord Wiltshire does not al
ways practise those principles of socialism
that lie breaches through his magazine
Wiltshire is president of the company,
which is q mining enterprise I'm British
Guiana. Einton was the discoverer of the
mine. bat is now one of the minority stock
holders. but the stock that he holds is not
paying any dividends. for which reason the
sixth phase of the litigation over the prop
erty came yesterday before Justice Fitz-
gerald in the Supreme Court
John j. OCOnnelI asked the court for a
peremptory writ OF u:amndamus To compel
William II. LcffinswelI treasurer Of the
South American Gold Company, to make
extracts from the corpany's stoc< books
LeflingweI who is also treasure. secre-
tary. manager and director of the Wiltshire
Publishing Company. asserted that he was
no longer treasurer of the mining company.
and as for jurisdiction of the New York
court he said the offices of the mining COM
pany never were at No. 200 william. street
which is the office of ''Wilshire's Maya
zine. or anywhere i'm this state The office.
he said, was at his home at Arlington. n J
The mining property originally
known as the Tassawini mine. Wiltshire
agreed 10 finance the mine, receiving as =
bonus a two-thirds interest Thcreupon the
British Guiana Cold Company WAS organ
lied in Arizona Wiltshire issued bonds
payable in two years
Shortly after the arrival of Wiltshire in
this city from South America, in Nav. 1909
an action was begun against the corpora
ton in Westchester County by Henry /.
Hunter on a note for sl50o0. made by the
British Guiana Company to Wiltshire, who
turned it over 10 Hunter The minority
stockholders knew nothing about the uore
or the suit until the judgment was fled in
New York County, Investigations showed
that Henry l.. Hunter was the father of
the junior member of the law firm OF Nc
Reynolds K Hunter. counsel for Wiltshire
McReynods being the Iatter's brother-if,-
law The British Guiana Gold Company did
n"t defend tine suit brought BY Hunter In
due time the -Tasawini property was adj
vertiscd and sold by the Sheriff 10 Henry
l.. Hunter for 500.
Subsequently, Wiltshire organized a new
company. calling it the South American
Gold Company He advertised that the
property. tie same Tusawini mine was
paying Sloo,CGo 4 year net and that the
stock would pay one-half per cent 4 month
n
the note assigned Ia Hunter was made in
bad faith. Thereupou Wiltshire exchanoe,y
Nintun's stock in thH old cofnpaDy- for
stock in The company and paid Vim
tons lawyer fees. amounting to S30rn
When the first dividends became due Yin
ton did not receive his. and ON iDa,,ir,-
Wiltshire Informed him. he alleged thar H..
did not mean to give him any dividends !,
the new company. huJ only the stool, g
Niuton again brought salt. ALLEGING. tbo.
Wiltshire had made no aceountir,, c.,
money obtained from the sale of gold +ai...
from the mine from September 1q,a a.
January 1910 That action is stuI nar,l{i-,,,
The minority stockholders hernandez an -,
animation of the company's stool, -,
This demand was made on I,efinsv-.,t ~
February H. hut the latter refused -
nit any extracts to be made.
Ntnton has also brought two ac,i-,..
The 5th Municipal District com, -. n
Leffins~eh and The South Ameri,...
ing Company under the Law. tb., N'i
penalty OF $50 against connan,. q
refusing 70 permit Stockholders ., a...s,'
the books. N'i''iAe