New-York tribune., 1918-09-21
u. S. Senate Will Delue Into
Brewers Pool for Brisbane Paper

/ Corporation. of which he was at one
time a Director
Organized at Brisbanes Request
he declared that he organized it az
the request of Brisbane, and that he
and his associates got out at Brisbane's
request SO that Brisbane's fathcr-in.
law and Brisbane's secretaries could be
substituted as directors. De Ford's
statement follows:
II am general counsel for the Star
Company. publisher of The New York
American and New York Evening Jour
nal
MIR. Arthur Brisbane is one of the
principal employees Of that company.
The Growing Circulation Corpora
tlon, referred to in Mr.. Palmer's state
ment, was incorporated on january l3.
1916, by my. o.iice, at the request of
Mr.. Brisbane, who stated that the con.
tract of the Star Company with the
lnterborough Delivery Company for the
delivery Of The New Yorl. American
and New York Evening Journal was
about to expire; that he expected, as a
personal business enterprise, to arrange
with the Star Company to deliver its
papers IN the future. and that he de-
sired to do this through the instru-
mentality of the corporation which he
asked my office to organize. under the
name of the Growing Circulation Cor
poration; that it was necessary Gin
view of the fact that the Star Com
panys contract with the Interborough
DellVery Company was about to eXpire)
that the proposed corporation be expe-
ditlously organized, and requested that
Mr.. Sturdevant, Mr.. McEntegart and my
self act temporarily as incorporators
and directors for the purpose OF effect
ing quick organization.
Resigned on Request
81 became one Of the three incorpo-
fators and incorporating directors of
the company, .he other two being Mr..
John 7. Sturdevant then as now) as
sociated with me, and Mr.. Thomas E.
McEntegsrt, then a clerk in my office
row serving with the American army
in France
The Star Company afterward de-
cllned to contract with the Growing
Circulation Corporation tor the dis
tribution of its newspapers, preferring
to renew its then contract for their
delivery with the mterboroush COM
pany
"Ihe Growing Circulation Corpora
tlon thereafter remained mere shell,
and while | was connected with its di-
sOever.
Mr.. Brisbane later advised my office
that he desired to take over the nomi-
nal, as he had the actual, ownership
and control of the corporation. and
that he wanted Mr.. Sturdevant. Mr.
McEntegart and myself to resign as
directors. so tnat be might elect d-
rectors Of his own choice
The tirst and only meeting of the
lncorpcrators and directors of this
company which either Mr.. Sturdevant.
Mr.. McEntegart or myself attended, was
held on March II. 1916 at which time
the bylaws were adopted, the corpora
tion organized and authorized to issue
its capital stock of $4,000, 600 to Mrs
Alice Brisbane Thursby. Mr.. Brsbanc's
sister, for $4,000, 900 in cash. At this
meeting. Mr.. Sturdevant. Mr.. McEnte-
CART and myself. as incorporating di-
rectors. resigned from all connection
win the company, and Seward Carey
Ar. brlsbane'S father-in-law, was
elected president and director. and
Mr. Stelnhauser and Mrs. Wheeler. Mr.
brsbane's secretaries, we're elected di-
rectors and secretary and treasurer,
respectively. At this time, turned
over the corporation. in its entirety
ana all OF the corporate records, to Mr.
Brisbane
"The corporation transacted no bust
ness, while |. or any member Of my staff.
was connected with its directorate. or
while Its records were in my posses
sion; and, the fore. | never knew. IN
I'll the publication of Mr. Palmer's
statement. that the corporation pos
sessed any funds or had transacted
any business "