South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-10-04

fice OF the secretary of state. which
show that Ward II. Watson. known
as a representative of the Security
Trust company interest was added
10 the board OF directors OF the
Globe Mining company and that the
Security Trust company also be-
came the trustee for the preferred
stock OF the company. $4,000 OF
which was reported as retired on
July 5. 1918.
Advances Money.
Mr. Lowish. however, calls at
tention in his sworn statement 10
another trust agreement made with
the Security Trust company by
which that company advanced s13,-
600 10 buy Pierce and Ehrlich roy
atty interests, taking the royalty
contract as security and. Mr.. Low
ish says. agreeing that the further
increment from the royalties was to
be held in trust for the stockhold-
ers Of record OF the Globe Mining
company.
In the course Of the defense 20
the suit Mr.. Lowish gives the
known stockholders in the Globe
Mining company at the time the
suit was filed. Aug. 5, 1917. as fol-
lows:
Martin z. Lowish. 50 shares; NJ
f. Lowish, 81 IL shares; E. j. Rob-
ison. 127 1-2 shares: Elmo Pierce,
so shares; Ward Watson, SIS 2-S
shares; Bert Mcbride. 1918
shares; Robert Metzger. lis shares;
w. H. Tobin, rs shares; Daniel
Hecker, IS - shares; Jeanette
Harris. 3 shares; John r. Engle, 10
shares; Emma Hunt. 5 shares.
Mr. Lowish does not attempt in
his affidavit TO account for the
many changes in the ownership of
the shares Of this company, nor
does he make any effort to explain
what became of stock certificate No
S3, for 20 shares, issued 10 Pierre
F. Goodrich, son OF the governor.
who in 1918 was reported as a
stakeholder, director and officer Of
the Globe Mining company, at the
time the convicts worked in it's
mine.
Suit Dismissed.
This suit in which Mr.. Lowish
made this affidavit relative 70 the
Globe Mining company, as we'll as
several other suits which grew out
of a misunderstanding with Lowish
and the governors associates" was
eventually dismissed. The records
in the superior court show that the
suit was finally disposed of on Sept.
5, 1919, the cause being dismissed
on motion Of the Globe Mining
company and the costs assessed
against IL.
In Putnam and in Clay counties
there were also suits brought by in
terested parties at least one cause
having been flied in Clay county and
Eeuued TO Putnam county
However. a diligent search for
The papers in this suit both in Clay
and in Putnam counties reveals that
ne papers have all been taken
from the files of the two courts and
the clerk Of neither could produce
them. The same thing holds good
Of the copies of the original papers
the suit in Marion county, but
Richard V. Sipe, clerk of Marion
county. has the original papers in
TINS cause intact.
Not a Dollar"
Further investigation as 10 the
parties who have been at one time
or another stockho ders in the
Globe Mining company in which
Gov. Goodrich once declared that
he did not have a dollar invested, q"
show:
l. That w. H. Tobin. who ac-
cording TO Lowish, interested James
P. Goodrich in the organization Of
the Globe Mining company. is the
same Tobin who was secretary and
treasurer of the Consumer Coal
company, 70 whom an attempt was
made 10 award the contract for sup
plying the state institutions with
coal last June. This attempt failed
when il was revealed that p. E.
Goodrich, brother of the governor,
was also a stockholder in the COM
pdny.
p That jeanette Harris, who was
shown 10 be the owner of five shares
Ol the G4OOe MlAAuS COllp duy SlOChs
is the same jeanette Harris who is
now employed in the office Of Gov.
James P. Goodrich as executive
clerk"
Emma Hunt.
3. That there is a school teacher
in Winchester, Randolph county.
where Gov Goodrich makes his
home. who is prominent in the same
church as the governor and whose
name is the same as the Emma
Hunt who is given as the owner Of
the Globe Mining company stock.
1. That the Security Trust COM
pany is the same company that
financed the deal by which the In
dianapolis Reduction company, Of
which James 2. Goodrich was a
stakeholder. sold 20 the Sanitary
district OF Indianapolis a garbage
plant for s75O.O0O. which the presi-
dent OF the company swore was not
worth the cost Of junking.