The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1914-08-28
THE OCkLAWAHA RIVER FARMS
COMPANY IN TROUBLE
Suit Entered in the United States
Court for the appointment Of
Reeeiver-capt. Young Files
the Suit.

kUC 00tA
The Times-Union says that during
the past year there have been a num-
Der of suits brought in the United
States district court, but the suit
just filed by Jefferson Davis Young
against the Ocklawaha River Farms
Company is the most interesting of
all.
The allegations are quite out of the
usual. They are as follows:
Jefferson D. Young of Cecil coun-
ty, Maryland, being represented by H.
VI. Hampton of Ocala and by Marks.
Marks & Holt of this city. Young.
who is a stakeholder owning 500
shares of par value of $4,000, wants
an accounting and the appointment
of a receiver and desires that the
company be enjoined from conducting
further farming operations. He al
leges that the indebtedness was IL
legally incurred and that it was made
deliberately to involve the corpora
ton and he charges mismanage-
ment by the defendants, acting as
officers of the company, and that they
are arranging to spend other sums
by way of speculative farming The
charge is also made that it is the
intent of one of the defendants, T. S.
Ku1n nrnci6nnt Of he IN
wreck, injure and destroy the company
so that he will acquire and own the
property. 1t is further alleged that
Young has been refused permission to
participate in any matter connected
with the company.
The defendants in the suit are the
Ocklawaha River Farms Company,
with it's principal offices in Ocala; T.
S. Kyle, r. B. Kyle, William Hooker,
E. H. Martin and David H. Kirkland
of Ocala and Cecil Wilcox of Jackson
vile.
According to the bill of complaint
field yesterday, T. S. Kyle and Jeffer-
son D. Young in 1909 purchased equal
interests and were as tenants in COM
mon in certain lands in Marion coun-
ty. 1t is averred that they together
held this property in this manner
until January 81, 1918, when they
decided it to 2. C. Chambliss as tras-
tee.
These lands were known as over
flowed lands, being vast areas of
marsh and sawgrass through which
the Ocklawaha river ran. 1t is stat
ed that Kyle and Young believed
that these lands could be drained by
the construction of a canal from one
point of the river to another point five
and half miles below the beginning,
so as to straighten the river and
permit the waters running over a dis
lance of fourteen miles to go through
this canal and thereby reclaim the
territory through which it ran.
, Reclamation a Success
mission of the war department to dig
this canal and this permission the
complainant claims he secured and
that at great expense in his behalf
and that of T. S. Kyle the canal was!
constructed with bikes to confine the
waters and thereby drained and re-
claimed the land. All of the undertak-
ing proved to be a success and the
once overlooked lands became valu-
able agricultural lands capable of
producing large crops.
The complainant claims that 1t was
understood that at the time title was
acquired to the lands that he and
Kyle should divide equally between
them the corpus of said property I'M
the event that the reclamation proved
to be a success, but alleges that when