Evening journal., 1917-04-13

Committee, when was the first time that
YOU heard any discussion or talk about
the proposition of Mr.. T. Coleman du-
Point?
A. In February, the meeting held in
February.
Q. About what time in February, can
you tell us?
A. should think il was the second
Wednesday in February.
@. That would be about the 10th?
A. / suppose so. Meetings of the FL
nance Committee were held on the sec
ond Wednesday of each month.
Q. Who were present at that meeting
of the Finance Committee in February
that you speak Off
A. Mr.. p. S. dupont, Mr. Alfred ]. du
Point and myself.
Q. What reference was made TO the
offer of Mr. T. Coleman DUPONT at that
time?
A. Mr.. Alfred l. dupont asked how
the negotiations were coming on.
Q. Whom did he ask?
A. Mr. Pierre S. DUPONT.
O. What did he reply?
4. As near as ! can recall he replied
that they were of
Q. Did Mr.. Alfred I dupont say any
thing to him about it furtherl
A. He asked why they were of, and
Mr.. p. S. DUPONT replied ! think,
through tho action of the Finance Com
mittee am not quite clear about what
the words used were.
O. Was that the substance Of IL
A. That was the substance of IL, yes.
O. Then what did Mr., Alfred DUPONT
say, If anything?
A. He said that was not his recollec-
ton lie asked me If it was my recol-
lection. / said no, it was not supposed
TO have been final
Q. Did Mr.. Alfred dupont tell him
what he thought the Finance ommittees
action was2
A. Yes.
Q. What did he tell him, if you recall
either in substance or wordsi
A. I could not recall the words. He
told him that the offer made before had
not been a declination in any sense, sim
| ply IL had been a counter offer.
Q. Then did you hear Mr.. Alfred du-
Pont ask him anything about any COM
munication that he had made to Mr.. T..
Coleman DUPONT on the subject ask him
for any letters?
A. lie asked for some letters, think
O. Mr.. Alfred dupont did,
A. Yes.
O. Did he make any suggestion at
that meeting as 20 what he would do or
what you should do with regard TO IL?
A. He suggested no would write TO
Mr.. T. c. DUPONT
O. Alfred did.
A. Yes.
Q. Did he make any suggestion as
to what you should doy
A. I think he did. 7 think he sug-
gcsted should write.
Q. Did you after that write 10 Mr.,
Coleman duPontI
/ A. No, did not.
Q. Why not.
Collected to. Objection overruled. Xxx
eeption noted for defendantsl
Q. State why you did not write Mr.
Coleman DUPONT.
+ A. I understood Mr.. Coleman duPon
/ was very i'll man, and did not think h
-. was in a physical condition to be both
a cred with the matter"
! On February II, 1915, Pierre wrote l.
2 Alfred and William as follows;
February IL, 1915.
Wilmington, Del.
"Messrs. Alfred l. DUPONT, William
DUPONT, Building.
Gentlemen am enclosing herewith
copy of my letter addressed to MI
r T. c. dupont and copy of his reply o
% tho subject of depositing stock. III talk
p ing with You yesterday I had not il
s mind that the letter TO me contained s
e little concerning his point of view. Tn
G letter TO Durham, which I read but q
K which l have no copy, gave me the i'm
I preston he did not care TO 90 into tn
8 matter, for I wrote him afterwards;
8 in view of your letters, propose stat
o ing to the finance committee that yo
are not in position to take advantage q
offers TO loan money and that you do nc
care TO deposit stock at this time.
n II think, however, this answers III
{ question fully. If there is ANYTHING vo
J. wish to add to my letter shall be ola
Y to have you send it direct or forward
/. to me-
IS Very truly yours,
d p. S. DUPONT"
h The letters inclosed and sent to A
pr fred and William were the letters {
70 january 2s, 1915, from Pierre to Col,
T. man and Coleman's reply of January 9
m 1910, IN relation to the Kraftmeier il
1t cident and the pooling of stock. Il
As apparent that they had nothing wbat
II ever TO do with the offer for the sale ,
Coleman's stock. The question of Col,
n. mans pooling his stock had been pr,
w viously disposed Of, so Pierre could No
II. have supposed that what Alfred wante
n was the correspondence between PIER
4 and Coleman in regard to that arranp
n ment. Pierre admitted at the trial m.
A no knew what letters Alfred wante
-, but sent the others inadvertently
=, because he was not in the habit of sen,
10 ing Alfred his private correspondent
= The reference in the letter of Februal
- nth TO the conversation "vesterda,
shows that Alfred's testimony and WI
y, hams as to the date when Pierre 10
- them the offer of Coleman had be,
~ turned down. was correct. The folio,
,,e ing day Alfred, finding the letters in r
~ lation to Coleman's stock offer were M
e, sent him, wrote to Pierre as follows:
re .o, February II, 1915
at Building.
at Dear Sir-I have your letter Of 70
r ruary llth, addressed to Mr.. VILLA
r. DUPONT and myself. enclosing COPY
p letter written TO Mr.. II. c. duPor
as under date of January 2Sth, and his !
NV ply TO you under date of January 81,
MS These letters refer 20 nv surcesti
ny that the four largest stockholders d
TO post their stock under a common guar
we ianshlp during the present emergent
me Inc letter which l had particularly
oht inlnd was the one YOU wrote Mr.. Il.
M uufont, regarding his stock offer The
Ve' sSeheu 10 be misunderstanding as