The Bridgeport evening farmer., 1914-07-16
MURPHY CONE;
 INVESTORS ARE ANXlOUSLY WAITING
tcontinued From First Page.1

t1OQal Electro PTOceSS company. Penetrating to the rooms above, the visitor is astounded at the tenantless aspect of the suite which but 8 few months ago was the seat. of what was to be one of Bridgeport's most four ishing industries and where daily might be seen John Mcleod Murphy, t'FIather of 700 Inventions man who. with a mystic metallic com pound, had provided g.. perfect means Of water filtration, the removal of cassein from milk and the purif1ca,- ton Of a. thousand and one articles of daily diet.
 John Mcleod Murphy is no longer there, and the apparatus upon which the Bridgeport Board of Trade gazed so astoundedly but recently has been removed by the hands of Sheriff Rich ard Brown to satisfy mere attach ment of several hundred dollars.
 On the East Side 8. score or more of small investors, who saw the glo- r1es of the great invention which was to benefit all mankind, alternately mourn the temporary withdrawal" of Murphy from. the scene of his re- cent activities and hope that he will be successful in the new filter venture in which he engaged in New York city and which 1t is promised will be the means Of securing financial back ing for the venture into which they dumped their small savings.
 
 on every side that Murphy will not let his interest flag in the parent company which is to control the manufacture oG 'tAlumtna-" the metal which he invented and rom which electrodes that were to have clarified the Schuyllxi1l river, and manufac- tured acid-proof spoons and a hun dred and one other things might have resulted.
 AM agree that Hack of capital" was the reason why the venture is merely dormant" even the creditors of the company who produce unpaid bills aggregating $1, 500 flor supplies fur nished the company. One and all, they tell in open eyed wonderment of the Astounding demonstrations of cleverness that John Mcleod Murphy was able to perform with the mate T1als at hand.
 Edward L. Dunphy, treasurer of the company, which was but recently formed, today admits that Murphy IS absent from the city. and further stated that the business projects are l temporarily at a standstill during the formation of a new filter company by ;! the inventor, but that it was expected the financial tide would turn and the contemplated projects later be pushed forward with redoubled vigor.
 It was learned that lack of interest upon the part of investors in sJ1b- scribing to the capital stock of the company was the main reason for the suspension of business. As one official Of the company ex- plained affairs, Murphy had been at | tracted to this city from Cuba, where, l with Jerry J. Warren, a large sugar plantation owner, he had been in- l terested in the clarifying of sugar by l the same means.
 Two well known East Side young men had met one night and discussed | Al 1 quick fortune. One of them, Harry W. Davidson, had mentioned an cleo l trio process for clarifying water and manufacturing beverages, controlled ] by his Brother-in-law John Mcleod Murphy.
 The idea met with instant approval and electrodes for the purpose were 1 purchased from Murphy. On the East | Side, a machine was built and ready | for operation when Murphy was in- 1 vited to witness it's working. The | scheme for manufacturing beverage and the purifying of bottled water in l the city of Bridgeport was, explained to him.
 Murphy was .'mifred" that his in vention. which meant so much to him l and which could be put to such ex- 1 tensive use, should be applied to such a small venture. It was decided that l Murphy should put some plans he | proposed into operation here and that the others should become his part ners.
 This, according to an official of the company, resulted in the form ation of I the National Electro Process Com pany, in the offices of Attorneys Bart \ lett, KeeIer & Cohen, with a. capital stock of half a, million dollars. Ac- l cording to the original agreement be- tween those interested, Murphy, upon whose genius the success of the com pany rested, and who controlled the l formula for the invaluable substance "alumina,'' was to receive $500, 600 \ worth of stock, leaving $2OO,O0O as treasury stock. From his share, he was to give his partners and others upon whom the success of the venture :, devo1ved large blocks of the stock. Attorneys Bartlett and Cohen, for their advice, were to receive $15,OOO each
 To protect the small stockholders, it was incorporated in the bylaws of ,i the corporation, organized under the laws of Delaware, that there should be a pool from which stock should be sold only upon agreement of those in- volved This, as explained by Mlr- phy, was to prevent the small stock holders being frozen out by the larger
 ones.
 The company was organized and in
 a published list of officials it was shown that Jerry J. Warren, of Cuba, was the president, John Mcleod Mur- phy, vice-president, Edward L. Dun phy, treasurer, George A Murphy,
 secretary and Captain H. G. H. Tarr, of Philadelphia, consulting engineer The other officers and directors were F. O. Rhoades, Stra tford, F. A. Bart lett, I. J. Cohen, George H. White, G.
 F. Porter, H. w. Davidson and F. R. Davidson of Bridgeport, O. s. Bald
 wir7 of Iewburgh N Y, Robert T Brewer, of Chicago, and George w
 Ireland, Los Angeles.
 With the establishment of offices in
 the East Side Bank building and the
 necessary equipment, demonstrations
 of the remarkable electrolytic process
 were begun, both in private and be-
 fore the Board of Trade and medical
 bodies It was said that wond erfu]