The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1919-01-22

| pany in the formative stage had told
him 1t had to pay thirty percent COM
mission to have its stock sold
McFariand's Conscience is Clear.
| Amid many calls for the vote on
the Clark resolutions, Chairman ARM
knecht gave C. F. Mcfarland the
floor. Mr.. Mcfarland said:
Several months after these trans
actions, Mr.. Higbee was kind enough
to give me 1000 shares of stock and
! l thought It mighty nice of him, but
as soon as I discovered that anybody
objected to 1t, turned it back to
Mr.. Higbee SO quick 1t made my
fingers burn.
MY conscience is as clear on this
proposition as crystal or piece or
ice. I never got anything else of
value out OF the company without
paying good, hard money for it." He
said it was impossible to find any
body to sell the stock for less com
mission that was given Higbee and
Phillips, and:
| 81 think the price we agreed to
ipay for selling the stock was mighty
good contract under all the condi-
TONS"
"The committee takes a good deal
iof credit for cancelling another con-
tract with Higbee and Phillips that
/ think is mighty good contract
+, the one by which the men were to
sell the factory output for five per
cent commission.
/ "As far as l am concerned, my
conscience is clear, and l place back
of that twentythree years Of life in
this city"
| The Philippe Of Phillips.
/ Then after few words from the
rear of the hall, e. S. Phillips came
quickly down the middle isle with
pale face and faced the assemblage
without losing a word of his first
sentence.
! There's not single man here
going to call me crook and get
away with it," he said as soon as
he reached the front. Judge Hughes
won't take law case for nothing.
I; He said his profits and amount re-
ceived for all his work for the COM
| pany was just $4,000, and: When
/ this committee CAME here. they came
to me first and l came clean" He
told of details of much work he had
done at his own expense. Some OF
the things he said were:
| II was not member OF the board
when these contracts were made, but
this committee were darn fools for
;cancelling them, and you cant renew
them today. I'm getting tired. I've
spent seven long weeks with this
committee and the time has come to
quit. think you're low rats II you
DON'T yindicate that whole bunch.
These Keokuk men were mistaken.
but they're honest men,"
! Warns Against Green Hands.
! Phillips then talked q Eooo deal
about the conferences during the re-
/ cess and charged that agreements
made at the Hotel Iowa were not
being fulfilled in the meeting. He
wanted the whole old board reelected
with six new men on the board IN
addition. and said:
J "If you turn the company over TO
green hands. you're going to jeopar-
die the money l got to come into
the company, and I'm not going to
| stand for it.. You can't have sue
icessful concern without happy fam
lily: let's put five old ones and six
new ones on 1t, and before four
months I'll resign. because l want
only vindication."
He was applauded generally and
! loudly as he ceased speaking and re-
turned to his seat from which he In
,teriected remarks occasionally there
after.
Discussing Men for Directors.
| 1t was 5:35 O'Clock by this time.
and the resolutions OF G. e. clark
to ratify the action Of the board in
december was still pending business.
There were loud calls for the ques-
ton to be put and when this occur
red. they carried loudly and sonor-
ously.
The chairman asked for the report
of the nominating committee, but it
said il was not ready. There was
proposition to leave off Higbee, to
leave off Phillips. to leave off both
of them. to put them both on and
leave the rest of the old board OIL.
and there were seven candidates
being pushed by their friends and
only six new directors to add to the
old ones, If all the old ones stayed
on the board.
Chairman Armknecht poured out
little oil in statement that he hoped
that every statement made on the
floor would be taken and accepted as
fact and that the new board, how
ever formed, would have the cooper
alton Of all.
Ending With Singing.
while waiting for the report of
the nominating committee, let's arise
and sing America" said the chair
man.
you bet!" cried several voices
And the whole meeting proceeded
to do it. They sang surprisingly we'll,
and so loud and strong that the pias-
- +t,o MALLS aud calling Sapna6