Evening journal., 1920-11-11

ACTS DETAILED
CONTINUED. rom Pagr One

eliminate them as defendants. Chan
cellor Curtis denied Mr.. Davis mo
ton
Counsel for the defendants then ask
cd for time 10 go over the testimony
and books, and the next hearing was
sci for Monday, tho Chancellor grant
ang David ]. heinh0rdts motion for a
session al George Town In order 70
save witness mileage.
Receiver Cahan Was on the stand
again this morning and testified the
book value OF the fisheries plant was
100000; Of the two steamers, Clifford
and Henlopen, which figure In the
PRESENT court case as 10000 zone
was sold for $40 O00l and OF three
other steamers the company had
owned as $4,000 lihey boins sold
I for S390.0O0.
Receiver Cahali said the company
paid si0i.OO0 income and excess
profits tax.
Al the session yesterday afternoon,
Jacob prettyman. OF LcWcs, testified
that from 1912 20 the dissolution OF
the company he was assistant TO sll-
p-erlntendent OF the LeNes Fisheries
| Company. From August 40. 1871, %
January, 1920, Tire witness SAID ne was
superintendent OF the Lewis oil aud
Chemical Company. successor TO NE
Lewes Fisherfs Company. The e1-ade
OF The product from August 40, 1917.
until he lef the employ Of the oil
company. the witness said. was good
Mr. Pr-sttyman. testified that he ID
not know on or before August 40. 1871
that Mr.. Lonand had sold the steamer
HenlOptn for $4,000. claiming 70 be
the aeent OF Robert Pennington.
lie sad II he had known OF thai
sale he would not have voted as 4
stockholder for the sale % Mr.. Pen
ington.
on cross-examinataon by Mr.. Rod
ney, The witness admitted bis sigma
ture TO an anldaNlt made before n. b
Register, notary pubic, In which i
was stated he know OF The sale OF ths
boat 10 Pennington carly IN Angus:
1917.
When again questioned BY Mr.
Ridgely, Mr. Prettyman said dues.
tons were asked him and he answered
them when the aflidaylt was prepared
hut denied that he knew there Wal
anything in the paper which he sign
ed about Mr. Peningt0n buying tn
boat. Il was brought out by Mr.
Rodney that the questions were askes
Mr.. prettyman and The aflldavit dlc
lated by Hugh NJ. Morris. OF Whining
ton, now Federal Judge. Mr.. Pretty
man. admitted that Mr.. Morris die
tatcd the afildavit IN his hearing bu
insisted that he heard nothing abou
The sale 10 Penlngton.
Joseph Vlrden and James p. Bic
also testified that they did not know
on OF prior 70 August 40, 1917. tha
| the Le1vps Fisheries Company had sOh
The steamer Henlopen. or that Mr.. Lof
, land. claiming b. be the agent OF MI
Permission had sold the steamer 70
$4,000 They besttfed had thg
e known Of that sale they would no
} have voted for the resolution at th
; | stockholders meeting on August n
7 for the sale OF the plant 70 Mr.. Pen
/ An afidavlt signed by Mr.. virde
a was also produced, referring 10 the sal
I OF the boat 70 Mr.. Pennington curly
August. 1917. but Mr.. Nirden Ike NJ
prettyInan. wllile admtttng h1s sign
ture, said he did not know The pap
contained anything about hs sale.
!. the boat 70 Mr.. Ptnington.
Frank M. Jones, an attorney
y Georgetown, and Mag strate Wilbur
Burton. OF Dover. also testified IN
had they known OF ule sale 0f
70 Henlopen 20 Pennington. when they 4
II tended the stOokholders' meeting
n August 10, 1917 they would not ha
, voted for the resolution selling y
y plant 70 PenngfOn. Al OF the abo
e " illnesses also testified thai they q
y not know on August 10. 1917. that 4
q directors OF the Lewes Fisheries Con
! mny were paving themselves salari
= from the Company
Edmund c. Phillips, OF near Lewe
: a stOckholder, told OF Harlan NJ Jo
= ephs, a director Of the Lewes FlS
: cries Company and a dependent
r this case, visiting him I'm 1911 short
before the stockholders meeting
y August 40. OF that year. lie said N
Iosephs asked him N he wanted
y sell his stock and he said he did n,
N The witness said Mr.. Josephs then u
n him that be (JoSephs) was eOing
sell because he needed thc money.
Josephs, the witness testified told HI
The company was going behind and
looked iike, the company was goi
up. He alsb said few days later
D met Mr.. Lonand IN Lewes md he a
N | old him the Fisheries Company "
going behind and asked him 10 q
him his proxy n he did not attend
,d stockholders meeting. The win.
H.. said he did not know the dlrectC
M were paying themselves salaries
n hat time.
~ Or. John B. Robinson and his "
~ Mrs. Elizabeth Robinson, who W
III both stockholders OF the Lewes Fis
~ cries Company, testified 70 William
~ Loiland, who was president and ms
nj ager OF Fisheries Company and "