The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1916-11-30
J. II. Gl1LD co. IN COURT
Proprietors of Green Mountain Asth-
ma Cure in Disagreement Over
Financial Matters.

Financial Matters.
An investigation In the financial
management Of the j. II. Guild Com
pany Of Rupert, manufacturers of the
famous Green Mountain Asthma Cure
for the past 25 years, is promised by
the attorneys appears in the suit Of
several Rupert citizens, interested in
the company, brought against Mrs.
Charlotte NJ. Guild the present man
agcr of the concern. The orators
claim Mrs. Guild has been drawing an
excessive salary and paying herself
excessive rent, while in counter suit
the defendant claims the former man
ager, one of the orators, misappropri-
ated several thousand dollars.
The case which is being heard be-
fore Chancellor Frank l.. Fish Of Yer.
gennes opened at the Rutland County
court house Monday morning and at s
o'clock there was an adjournment un-
I'll Tuesday morning at Q o'clock, the
recess being taken to allow counsel on
both sides to examine the books.
The hearing has attracted consider
able legal talent, the orators being
represented by Attorneys Charles II.
Darling and Levi Smith of Burlington.
and Frank c. Archibald of Manchester
Center. The defendant is represented
by Attorneys f. H. Holden Of Ben
nington and W. b. G. Stiekney and
b. L. Stafford Of Rutland.
Injunction Asked
The suit is brought by Ella NJ. Rob-
erts, Charles NJ. Sheldon and the trus-
tees of the Methodist Episcopal
Church Of Rupert against Charlotte
M. Guild personally and as guardian
of her two minor sons. The orators
asked for an injunction restraining
Mrs Guild from withdrawing several
thousand dollars deposited in six saw
ings banks and also asked for the ap-
pointment of a receiver
Following preliminary hearing
month ago, Chancellor Fish appointed
William H. Roberts, cashier of the
Factory Point National Bank Of Man
chester Center, receiver. The orators
also ask for an accounting of the
funds Of the concern and for dissolu-
tion Of the business, which is entirely
solvent
1t Is claimed by the orators that
Mrs. Guild, since assuming the active
Of the business, has paid
herself salary Of $4,000 year and
also that she has drawn checks in rent
'or $720 yearly.
1t is claimed that the salary is ex-
,essive, while one witness Monday,
Merritt Roberts, testified that he
hought rent of $125 a year would
over the actual renting value of the
'uilding occupied by the concern and
'wned by Mrs. Guild.
DR.. Guild, inventor of the asthma
ure, started the manufacture and sale
f the medicine. During the latter
'art of his life the concern was man
ged by Myron +. Roberts, son-in-
aw of DR.. Guild, and his connection
nth the company lasted until son Of
)r. Guild, Harley Guild, became Of
&c.
In his will DR.. Guild left 10 per cent
( the business TO a friend, Charles
|. Sheldon, a like amount TO the Meth
dist Church and a portion TO his
aughter, Mrs. Ella M. Roberts, the
alance, about, Ga per cent Of the busi-
ess, being controlled by his son and
{ his death in December, 1907, by his
idow, Charlotte NJ Guild, and by
Irs. Guild as guardian Of their tive
ms.
$4,000 in Bank
Mr.. Roberts continued as manager
1til the latter part Of January, 1915,
hen Mrs. Guild assumed the manage
ent II is claimed she has since
,ent $4,000 in having the books
lecked up by an expert accountant,
no was in court Monday, and that his
cures showed a shortage Of several
ousand dollars, claimed by the de-
ndant to have been divided by Mr..
oberts among the orators.
w. H. Roberts, receiver, testified
onday that the checking account at
@ present time was slG,400 with no
tstanding indebtedness and that be-
les there is about $4,000 in invest
snts.