The Press., 1912-12-25
STAFFORD SPRINGS

Hand in your borough tax list or or before next Wednesday in order tC save the 10 per cent. increase.
 Dana Gary was able to leave the Johnson hospital last Friday and go to his home. J. J. Clark returned tC his home Sunday.
 Miss Ethel Whitaker, who has beer in the hospital at Springfield, re- covered sufficiently to return to hel home here last Friday.
 Arrangements are completed for the Masonic dance to be held this evening Wednesday,. These annual events have proved popular in the past and there is no lack of interest in the one now at hand. Lynch's orchestra will furnish music.
 Another chapter in the litigation connected with the Middle River Manufacturing company is in process. In chambers on last Saturday, Judge Shumway of the superior court ap- pointed Warren D. Chare of Hartford temporary receiver of the company, son at II o'clock on December 80 as to making the receivership permanent. This action was taken by the Judge after he had decided that the exigen- cies of the situation called for it be- fore the case comes up in the regular order before the regular February term in this county. William Lee of this town brings the complaint through his attorney. Willis H. Reed. It is charged by MT. Lee that he is the owner of 500 shares of the Middle River Manufacturing company of the par value of $50 each, half the au- thorized capital stock, of which 500 shares of his, he says, 332 shares stand in the name of X. B. Hedges, endorsed in blank and held by him. self, Lee, but he cannot transfer to himself because he "has never for warded said certificate to the said Sheehan, filled out with a formal demand for the transfer of said shares into his own name because he feared that said certificate might be lost and the evidence of ownership destroyed. The Sheehan referred to is J. M Sheehan of Newburgh, N. Y, who formed a partnership with Lee in 1899 and bought the property in dis pute from the Stafford Savings Bank. The two held the property until sos, when the corporation was formed. Since then Lee has been able to get only this certificate assigned in blank for 332 shares, and for the remaining 16S shares belonging to him he has no certificate whatever, Sheehan, as he alleges, holding those back in order to qualify dummy directors. These shares he has repeatedly asked for but never got. He says that, although a half owner, he has never had any representation on the board of direc- tors nor among it's officers, never been notified of any stockhOlders' meeting, never received any financial statement of the corporation and never been able to obtain any inside information con. cerning it's affairs. The property is leased for approximately 8, 500 a year, but except for 6 per cent. year on $9, 7S1. 94 originally put in, the plaintiff has never received any re- turn. He charges that excessive salaries, " excessive bills for counsel fees'' and such methods have been used to deprive him of his proper in- come, and that, while William Heald of Stafford Springs is named as agent in charge of the principal office in this state, the books required to be kept here are lacking and that they are kept without the state and within the control of said Sheehan. He asks, therefore, for a permanent receiver ship and the wind up of the corpora tion. The proceedings concern only the ownership of the mills and do not involve the parties who are in possession by lease.