Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1917-10-10
fContlnued From First Page.l

10 lne dupont company az price tucg
paid T. C. dupont for it.
The wonderful showing OF Pierre S.
dupont and his associates at the out
set disclosed a great victory for them.
Hamilton NJ. Barksdsle, a director Of
The company, voted the big block Of
stock Nof the defendants and that OBJ
tanned by proxy.
w. A. Glasgow, Jr.. Of counsel for
the plaintiffs, fled a formal protest
against the question Of the purchase
of the disputed stock being submitted
70 the meeting.
He also, on behalf OF the plaintiffs
protested against the counting Of any
stock owned by the defendants or by
any employees OF the company, or by
ANY person under the influence or
control Of the defendants
The plaintiffs had not voted their
stock up 10 o'clock, and it was re-
ported they might not cast their-votes,
although their ballots were prepared.
The plaintiffs intend TO attack the
result OF today's meeting before Judge
Thompson, and TO try 60 have consid-
cradle OF the stock voted excluded
from being counted.
The vote today is being taken in ac-
cord with the decree Of Judge J. Whit
aker Thompson, who sat IN the United
States Court IN the case Of Philip +. du-
Pont and others against Pierre s. du-
pont and his associates. Philip i. du-
pont and the co-complainants, who In
clude Alfred l. dupont, Francis l. du-
Pont, William dupont and some others,
alleged that the stock offered by H..
Coleman dupont should have been
bought by the powder company for
itself, and that Pierre s. dupont and
his associates lawfully were not en-
Titled 20 buy 10 for themselves, The
plaintifs asked that the defendants be
required 20 turn the disputed stock,
with the dividends on It over to the
company at a price originally paid for
4 BY the defendants 10 T. O. DUPONT.
TIE disputed stock at issue today in
dudes 63,3l4 shares of common stock
Of tho old DUPONT Company, l20,62S
shares Of common stock Of the new
dupont Company, and IA $50 shares Of
debenture stock Of the new dePont
Company. The stock at Issue Is valued
at about $40O00,000, and the dividends
paid on Il aggregate about so 100000
Judge Hastings announced that the
polls will DO open from ~ o'clock noon
until O'Clock this evening. The canvass
Of the vote may require several days
Considerable Of the stock Is being voted
by proxy.
OF the 100000 shares Of stock issued
the disputes l26,62S shares ~ barred
from being counted, and there Is some
treasury stock that will NOT be voted.
This leaves 473,l32 shares eligible TO be
voted today,
In calling the meeting TO order, Judge
Hastings read extracts from the decree
fled by Judge Thompson IN the case.
Mr.. Hastings also made a speech, In
which he outlined the procedure he
expected to follow for the meeting.
After quoting at length from the de-
ereo and telling Of the legal prelimi
naries he had complied with, JudgI
Hastings announced;
"Thls being the day, the hour ant
place designated IN said notice for hold
ing said meeting, ] do hereby call th
meeting TO order.
Il appoint Charles G. Guyer TO &C
as secretary Of The meeting, and no WI
make stenographic notes Of all tina
fransplres between the special maste
and any stakeholder, and the specla
master and the counsel for the com
plainants or defendants I'm this suit
The decree provides that each bal
lot shall contain a copy Of the resolu'
fion voted on. and for the convenience
Of the stockholders the special master
has prepared a ballot which he desires
the stockholders 20 use. OF course, the
stockholders are not in any way com
PEELED 20 use this particular ballot.
Paragraph &c OF the decree may be
compiled without using this particular
form. Inasmuch, however. as the bal
lots have TO be returned to tho court
it would be q great convenience to the
special master and 10 the court TO have
the ballots uniform, and for that reason
the stockholders are requested 20 use
the ballots which have been prepared
for them.
"Ail ballots offered, up until 6
o'clock today, will be received by the
Special Master. At o'clock today
we will take q recess until tomorrow
morning and then begin to examine
the ballots for the purpose OF count
ing the votes. When we begin TO
count the ballots counsel on either
side Will have an opportunity 70 make
any objection they care 10 make with
respect 10 any ballot. 1t Ia not pos
siole TO examine and count the ballots
as they are received, but both sides
shaA nave an opportunity 10 fully ex-
anime each ballot before II is counted
the resolution.
me Special Master will have
Nierhs OF MS own selection 10 enter
the number OF shares voted .fori ava
against the resolution. IN dunl,cofe
as they are announced by him Co,
sci on either side may select one cler,,
OF their own for the purpose of vert
flying the work done by clerks appoint.
ed by the Special Master. Such ner
sons so selected can either verify IN
work done OF make separate list,
whichever they prefer II such pel
sons are selected by Counsel the
names should be reported 70 u
Special Master. The secretary VI
please make this statement a part
the minutes OF the meeting.
The polls are. now Open"
Judge Hastings introduced
above remarks by reading the folio
ing:
an the case Of Philip +. dupont
Pierre s. dupont ct al. being No.
in equity in the District Court Of
United States for the district Of Dc
ware, Hon. j. w. Thompson. the {
trict Judge, on August IL, 1917, f
y decree. which among other things ?
vided as follows:
"ss~ g. That the question whet
said z. !. DUPONT de Nemows and CO
pany shall acquire said stock and
dividends OF proceeds Of dividends the