Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1913-05-05
STATE OF MAINE.

plains against the inspiration Copper
Company, corporation organized under
the laws of the state of Maine and hav-
ing its legal location at Augusta in the
County of kennebec and state of Maine,
and says:
FIRST: ,"he plaintiff is President OF
said Inspiration Copper Company.
SECONDS: I he capital stock of said
Inspiration Copper Company is $10 0O0,00e
divided into 1,oG0e69 shares OF the par
value of $40 each.
THIRD; on March 4, 1912, all of said
capital sto2k was issued and outstanding
FOURTH: At meeting of the stock.
holders OF said corporation legally called
therefor and held at said Augusta on the
fourth Gay of March, 1872, at which
there We're present iii person or by
proxy S9i,s9S shares of the 100000 shares
of said Company issued and outstanding
the stockholders of said Company, by
represented adopted the following reso-
luton:
RESOLVED that Inspiration Copper
Company be dissolved and the Directors
instructed after distributing the pro-
ceeds of the sale of all the property and
assets of the Company and paying or
providing for the payment of all cor
porate debts, to appoint some officer OF
the Company to take appropriate pro
ceedings to effect the dissolution OF the
corporation.
FIFTH: At a meeting of the Directors
of said Inspiration Copper Company le-
gally called therefor and held at sald
New YORK on the eleventh day OF April'
1913, the Directors unanimously adopted
the following resolution:
RESOLVED that this Company wind
up its affairs and be dissolved and that
the President be and he hereby Is ap-
pointed, authorized and empowered 10
take any and all steps and proceedings
and bring any action or proceeding III
any court necessary or proper 10 eject
such dissolution.
a. = - ct k
holders held March 4, 1872. tile stock.
holders. by the unanimous vote OF ali
the stock represented, adopted tile ioi-
lowing resolution:
I;ESOENlsf5 that the Directors Of the
Inspirat ton Copper Company III ant
hereby are authorized, empowered aho
instructed to sell all of the property ana
assets Of tie Company. of every KIM.
and nature aud wheresoever situated, as
AN entirety, subject to all dents ana
outstanding obligations of the Company
for the sum of $lo0o0,000, being the
amount equivalent TO sip per snare 1oi
an issued and outstanding capital stock
of the Company. .,
]. Knobloch the Secretary of the de-
PENDANT Company. sent to the stock
holders of the defendant company q
printed letter calling their attention to
an offer of the Inspiration Consolidated
Copper Company giving them the pi VI.
lege until and including January n l9i2
of exchanging their stock for iull pare
stock of said Inspiration Consolidated
Conner Company on the basis Of TIVE
shares of their stock for one share oil
the stock of said Inspiration tohs az. 1
ed Copper Company, and to an offer q
Guaranty Trust Co. o. New nofk am
Kidder, Peabody 4 Co. OF Bostoni t.; e
purchase and pay $40 cash hftii aiiu Ill
of stock of defendant Company, copy o
which said letter, marked Exhibit a,
| is hereto attached and made a part o
this bill, and copies Of which said oife e. )
marked "Exhbit b" and Exhibit {,
respectively, are hereto attached an
made a part of this bill.
EIGHTH: Pursuant to the vote OF Tn
Stockholders, as set forth in Paragraph
sixth of this bill, all the property an
assets of the Defendant Company Were
sold subject to all debts a ana ontS. conn
pany to the Inspiration Consolidate
| Copper Company for Sl0,ooo,Uo, and sto9a
holders of said defendant Company hoiu
| ing stock amounting in the alggresate I
aqe 40 shares have surrendered thei
| certificates of stock and have been pal
| their distributive share OF the proceed
| NINTH. The defendant Company nov
has on hand IS, $50 for distribution anon
| the holders of the 52s shares OF stock le hoy
| outstanding held by eighteen stocknolu
ers of record, five of whom. hoiGin'
stock in the aggregate amounting TO o
shares, cannot be located, all man sen
| 10 them at their last known post oiiie,
addresses being returned: the plai9qtil
is Informed and believes and thefeIoL'
avers that twelve of said eighteen STOCK
holders of record holding shareS. aGeor%
amounting in the aggregate to 4ot snai ~. rs
have transferred their shares ana .,a'
present owners Of said stock are ul -
known TO the plaintiff: and that one o
said stockholders holding, certi ..l
| for 10 shares is now in the ihlliipine s,
and will surrender his certflcate as so,t'
as he returns to his home III salt Ida
or TIE;NTH: There are no existing. liahi'i
ties and no existing assets redn!rlhg 20 9l :
tribntieMn; nt except of tbis b dft tort" "
| WHEREFORE YOUR ii'-Ni> *
| PRAYS: ,.e.,,,t cc,no
ration may be ordered to deposit n suci
| denositorY as this Honorable Court MAJ
desisnate. the said sum of s52So TO be nell
bv said depository for the beaelit OF SUI SUI,
| stoekholders in said CORPORATION as nay
not vet surrendered their stock, upon ut
/ livery to said depository OF the eel eel ~ ~
Gates of stock of slcn stocN"oiuit5l7 10
upon evidence satisfactory 10 sdiu '
| nository that such certificate oil stoch L
| lost or destroyed, said evidence 10 pe ; az
| companied by such indemnify , 49,
| INC nroduction of such stock ceftihcates
as said depository may deem advisable.
cEC0%p. Thai said defendant cor
poration may be dissolved ana terlni'
THiRp. That the plaintiff may ~ have ave
such other and further relief as the ma
| ture of the case may require. ,,;oo ~
- y9ITRTH. And tndt SucI
| ,bis Mi may be given to the detenuaht
| cn,noration as the court may see, III u
| order. rp.NE w HOLMES.
i Williamson. nurleieh & Mclean,
/ Plaintiffs Solicitors n
/ Dated this thirtieth day of April y. y
''-'' STATE, OF NEW YORK,
| COJrNTY OF NEW YORK, IS; ,o,.
| Then personally appeared Frank w
| Holmes and made oath that he mas req
| The above bill and knows the cohsent ~
| thereof and that the same Is true ., ~ ~,
| avn knowledge, except the m attef'
i stated to be on information ana pel,ei
ana that as to those matters ne peiieNe'
them to be true.
| uAPpy G. NOLEN, Notary Public;
| Kings Co. Certificate Filed n. \. 20
(SeaD
f IIHVsSSPIs1RATIoN COPPER COMPANY.
/ p Broad Street. ~,
New York city, \. Y, January b. ~.
TO the Stockholders of Inspiration cop
| per Company: tw.
offare dated January G. 1912, as follows !,
| offer Of INSPIRATION consul ~,
lDhTFD COPPER COMPAN1 Slvihs yo'
lac privilege until and including Jahuars
% l9f2. Of exchanging stock Oh Eo