Norwich bulletin., 1914-10-07
Billiard Company
 Directors Sued
BY NEW HAVEN ROAD AND N E
 ANNEXATION co.
FOR $500, ,OOO DAMAGES
arsssss5sssF --------- Hemingway, melIen, pobbins, More house and Whippie, all of New Ha- ven, Are Included with Billiard and Linsley of Meriden-Property At. taehed.

Meriden. Conn, Oct. e.-John I. Ru- iard and Charles F. Linsley of this city ana nve New Haven financiers are oerendants in Q civil suit brought to- oay oy the New Haven road and the New England Navigation Company for $3,900.0o0 damages. Six pieces of Mr BiNards property in Meriden, includ- Ing the land on which his residence is located were attached this afternoon by Deputy Sheriffs Charles H. Latham and Charles D. Lord of Hartford. One piece of property owned by MT. Lins- icy and his residential property on colony street, was also attached The other defendants to be attached later are Samuel Hemingway, Charles s. MeAen, Edward ID. Robbins. Samuel C. Morehouse and Harry V. Whipple. all directors of the Billiard Company anti living at New Haven. The suit is re- turnable in the superior court at New Haven the first Tuesday in November. It IS brought for the New Haven road by Alvin H. Hyde of the law firm of Hyde, Gross and Shipman of Hart ford.
 Alleged Fraudulent Transactions.
 The complaint sets forth that MT.
 Billiard as holder of the Boston and
 Maine stock owned by the New Haven road previous to 1908 had never paM nor accounted to the plaintiffs for the sum of s3,S24,147 in cash held by him
 in secret trust for the New Haven road for the purpose of conceafing the actual ownership. The plaintiff all
 ieges that, MT. Billiard falsely and fraudulently claims said sum trans ferred to him by the New Haven road l IS his own property. It is alleged that all the defendants received portions l or said sum from MT. Billiard know | ing that he was trustee and that they never paid nor accounted to the plaintiff for said sums
 The plaintiffs claim by way of | equitable relief CD an accounting; CD that Mr. Billiard account for the sums
 rece4yyed by him as trustee; (3) that | the defendants account for any sums received by them from Mir. Billiard: | (4 judgment for the amount found ! due on accounting.
 History of Boston 6 Maine Transfer. The entire history of the Boston and Maine stock from the time of its trans fer to Trustee Billiard in June 30, 1908, to the transactions connected with the | transfer of the shares by Billiard to the Bofkon Railroad Holding Company in October, 1909, is set forth The history of the financial transactions | contains the statement that the New Haven road wished to divest itself of the apparent ownership of the shares of stock in the Boston and Maine Railroad Company and transferred the same 109,e4S shares in all, to MT. Bil-
 lard to be held in secret trust for the | benefit of the company. This was done to avoid possible litigation so the transaction was entered on the books of the New Haven road and the New England Navigation Company as a bonafide sale at the rate of S125 a share. The books showed payment
 MT. Billiard for s2,743.500. The amount
 was actually obtained by the New Haven road from the National City Bank of New York upon notes signed by Mir. Billiard and secured by shares of stock of the Boston and Maine
 Railroad Company deposited with said bank by the New Haven road. Gave an Unsecured Note.
 November 1908 it is alleged Mir Billiard purchased more stock of the II Boston and Maine and received the
 sum of $1,o00,000 to pay for the same from the New England Navigation Company. He gave an unsecured note. road Holding Company was formed for
 the transfers again of the stock held
 by Mir. Billiard. This was another pre-
 tended sale and the New England
 Navigation delivered money payment for these shares MT. Billiard transfer red to the Billiard Company in October, 1909, S14,250,000.
 T The complaint continues to show the
 course taken by the transfers of the
 different shares of stock and what
 
 allegation that as trustee of the New
 Haven roads Boston and Maine shares MT. Billiard has received S3,S25,147 in cash but has never rendered an ac-
 counting of it to the company.
 Decline to Talk.
 II Both Mir Billiard and Mir. Lnsley absolutely refused to make any state inert whatever tonight concerning the
 civil suit brought against them and
 other holders of Billiard Company
 stock by the New Haven road. They said that Homer Cummings of Stam- ford would be their counsel in the coming suit. NIT. Billiard said thai MT. Cummings was at liberty to say
 anything ha pleased about the pending case. MT. Billiard has been sick the past week of the grip but is about now.
 MT. Nnsley admitted surprise at the action taken by the New Haven road.