Bisbee daily review., 1912-11-17
SUED
 FUR LARGE SUM
H. w. BlaiSdall, of Yuma Enters Suit in Which He Claims He Was Treated
 in Bad Manner
INVOLVES BIG LOANS

TUCSON, Nov. lG.-Suit for reels sion Of contracts. involving S5.3S7.G0. which are declared to he ''extortioG. ate, usurious an1 .unconscionaOle. Il" has been filed against Albert Stein field by II. W. Blaisdell who owns the public utility companies Of Yuma. Blaisdell asks for the return of Sc. curities, an undivided interest in lau5 and interest on bonds. which he de clares in his complaint held and col lected by Steinfeld.
 Harold Steinfeld. son of Albrrt Steinfeld, and F K. Pauli clerk for Steinteld, are made co-defend- ants. The suit was filed in the ,u- periOr court
 Undue Influence charqed
 lt IS alleged in the complaint that the contracts. which involved loans or money, were obtained by undue Influence, duress and menace and the taking advantage of the financial needs of the ulIintiff. and tEat they are in contrayention of the laws of Arizona" Selim NJ. Franklin is BlaisdelIs attorney.
 Blaisdeil owns the Yuma Gas com pany, the Blaisdell Filtration com pany and the Yuma Electric and Wat CT company. In the spring and sum mer of 1910 he became involved m difficulties by reason os the need Of additional capital for gx. tensions in the service of these com. panies, the complaint recites.
 The AIIeged Circumstances
 m los Angeles was demanding rersy- ment of S4OOO0. for which the .c. curity was the Sl0O,O0O Of bonds of the electric and water company. 9telnteld was demanding. according to the petition. repayment Of s2j.- O0o' Tor which the security was s21.. OOu Of gas bonds, and other securi. ties. Blaisdell owed s35.00O else 
 The bank agreed to accept si0.000 al once and Sl0,000 later. BaisdeiI ! went to Steinfeld for the money. Steinfeld took BlaisdeIl's note .or the $2O.o00 and according to the al. ! legations. demanded c Der cent commission on the sale Of the cleo ] -Tic and water company, which he. "as in . position to dispose of Tor! he advantageous price Of S25O.00n. {
 lt Is stated by BlaisdelI in his com. | Dlaint that this commission would : nave amounted 10 S27.500 and that . he contract called for the payment 1 Df the commission no matter how the | sale Of the company eventually should ] ge made.
 To Make In Easy
 Biaisdeil alleges that Steinfeld rep 'esented that he was in a position |. o make such advantageous sale in 1, order 10 lessen the harsh upne ir- ince Of said transaction"
 On December 2. BIafsdeU found himself in need Of an extension oI ime from Steinteld. who. according o the allegations, had begun 10 oe- nand payment Of the note for s2u. 100. This note tore 10 per cent interest.
 The extension was granted and 'teinfeld made the additional loan nr '1,IOO at 10 per cent on the sale or he electric and water company Was made a condition of the loan-I5 ger cent commission in all. The con ract was not made at this time put 'n January lg. when according to 3laisdells complaint, GeinfeId re- Iuired the turning over to him Of l5.O0O electric and water bonds z 300 gas bonds. Sl5.OGO electric md water stock, an undivided b. GOO interest in lands as security for he three loans Of $25,00O, S20 0OO nd ST.500. releasing the securities ormeriy held