The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1912-06-04
UH UHOL LNULV
Judge WhitcOmb Orders Final
Settlement.
Suit Has Been Pending for
Eight Months.
SETTLEMENT Is COMPLETE
Creditor Was s. 3.
ROhrer for $4,000.
Whose Claim Was Allowed in
Full by Court.

court when Judge Whitcomb over
ruled the motion for a new hearing on
two of the minor claims. Monday the
receiver, HIT. Fisher, made disbursement
of the funds and, mailed checks to ali
the creditors of the company which
were allowed by the court. The assets
of tn, old Anderson company will pay
about 80 per cent on the claims. This
controversy has been a long drawnout
affair, having been brought up in the
court almost every week for a period
of more than eight months. Ample
time was given to all parties interested
to thoroughly present their claims and
the final result shows that after a
fair and impartial trial, every conten-
ton of the defendants in the case
S. B. Rohrer and the Anderson Mica
company were upheld by the court.
The evidence as shown by the court
records goes to show that the original
suit was brought by H. S. Anderson
against the Anderson Mica
and S. b. Rohrer for breach of contract
The original Anderson Mica mpap
was organized in 1910 and after a year
or more failed to sell sufficient stock tc
finance the organization. In January.
1911, a contract was made with Mr..
Rohrer to manage and finance the bus
mess which he was making good pro-
gross toward doing when complications
arose over the contract and started
litigation. When a business enterprise
of any character is forced into court ii
places a serious and troublesome handi-
cap upon the business and generally
calls for a receiverShip as in this case.
Hugh II. Fisher was appointed receiver
and has carried the matter through the
necessary process to make an eqCita-
BILE and complete adjudication of the
a fairs of the c0nn3nV- The nF0nPTLV
which consisted of the mill machinery
and office furniture and the stock Of
mica on hand was sold at receivers
sale and the proceeds applied on the
Indebtedness. All the claims. moun
ing to about 0,000, were approved and
allowed in full except the officers sal |
ary claims of H. S. Anderson w. S. |
Anderson and w. B. Thomas all being
reduced materially. that of H. S. An
derson being for 81, 100 and reduced tc
$3.50. The largest claim was that OF
s. B. Rohrer for cash which he had
to equip the mill and mine,
the having little or no equip
ment with several hundred dollars IN
debtedness when Mr.. Rohrer took
of the business. this claim was
allowed in full and amounted to almost
5000. Mr.. Rohrer presented his claim
for cash expenditures only, no charge
being made for his time, office rent
clerk hire or even postage. At every
of the board of directors which
was composed of a majority of the
members OF the old Anderson company
board, every action made by Mr..
Rohrer was unanimously approved.
There was no possible way for Mr..
Rohrer to make a dollar for himself
with@St h company's stockholders
it.
Tt seems to be a matter of history
for every good mining proposition to
run up against complications at the
there is always some ire
sponsible party ready to jump claims
and otherwise endeavor to handicap
owners of the business" said w.
A. Neiswanger.
There has been considerable con-
fusion in this case over an effort to
connect the Anderson Mica company
the Topeka Mica Manufacturing
a distinct and separate or
ganization. The original contract be-
tween the Anderson Mica company
md s. 3. Rohrer was drawn and eX-j
by Congressman Jackson, who
at that time was a director in and
for the Anderson company.
No evidence was introduced in the
rial to show that Mr.. ROhrer in any
way failed to comply strictly with
terms of the contract, which was
and just in every particular and
have placed the company on a
basis in a very short time had
lot outside influences been brought
o bear with intent to injure and
the business"
Mr.. Rohrer was elected president
IF the Anderson company when the
was executed and right up
o the time of the beginning of the
complications he was in per-
'ect m with a board of direc-
ors composed of such men as Con-
Jackson, c. j. Price, the
engineer, eX-president of the
anderson Mica and d. l..
If the to whom all matters
# business were submitted for on
/,
With the distributor of the funds
~ the receiver, the affairs of the
i'd Anderson p are at an end =
10 far as the awsuit just ended is
:
1t is to be regretted hat any or {
animation should meet with such {
complications as to be forced into q
curt and a receivership. The mica
.,usiness, while new to people in To-
eka. is one of the most important e
in this country today. The c
upply of mica is limited and the in Y
of the demand for this valu- a
BILE product continues to enlarge 4
very day. The progress in electric I
v in every form is largely due TO I
lica. Mica is used in every tele-
hone, every automobile and every !.
which requires a non-con- 1
of electricity. The above items ;
create an enormous demand for Q
product. 1t is used in large guam :
ties in many other ways. Mica has :
an absolute necessity. y