The people's voice. [volume] (Helena, Mont.) 1939-1969, 1940-07-03

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A. He had his regular place at the
table; he helped himself to anything
in the way of food there and refresh
ments from their stores and / heard
Mrs. Ayers refer to Jacks room.
@. Meaning his room?
A. Yes.
@. Did he have his coat off?
A. Yes.
Q. Did you hear any discussion be-
tween him and Governor Ayers?
A. 1 did.
Q. What, for instance did you hear
A. l heard the governor ask for sug-
gestions from him as to where they
would place certain men whom they
had promised positions to.
There seems to be no doubt as to
the free relationship between the gov
ernor and Jack Ayers. On the Goth
day of April, 1887, articles of incor-
poration were filed in the office of the
secretary of state for the Capitol
Brokers, Inc The incorporators
were D. E. Osborne of Havre, Mont;
Jake Meyers of Malta, Mont, and Fred
l.. Robinson of Malta, Mont. The pur-
pose for which said corporation was
formed was ito conduct and engage
in a general wholesale commission
and broker business" and further to
carry out the general provisions Of
corporation. The evidence discloses
that the incorporators each contri-
buted one hundred dollars (s100.00)
and were entitled to 10 shares of
stock. 1t was further provided that
the principal office of said corpora
ton is located in the Helena apart
ments in said city, county and state"
On examination, incorporation Jake
Meyers testified in part as follows:
@. Anyway, you three organized it?
(Referring to Capitol Brokers. Inc.)
A. Jack Ayers was there.
@. You say Ayers was there at that
time?
A. Yes.
@. What did he have to do with It?
A. Well, don't know, but he came
in and said he had some pretty good
mining property and wanted to form
a corporation so they could mine.
@. Did you get certificate or GER
tificates of stock for that $4,000?
A. No, haven't got that.
@. Who selected the name for the
A. Jack Ayers as far as 1 know.
O. And you haven't been paid any
by the company?
A. No, not cent.
incorporation d. E. Osborne stated
in part as follows:
@. You are an officer of the cor
poration?
A. I am the president.
@. Have you held any directors
A. Nothing more than the one | told
you about when we first incorporated.
Q. That was not a directors meet
ing.
A. Well, that was the time that
was elected president and Jack Ayers
was to be the manager and Meyers
was vice president.
@. AS president have you drawn
my salary?
A. No, have never seen a nickel
except to the extent Of this mine.
We believe in justification to Fred
j. Robinson that the record should |
how that the testimony discloses
hat he withdrew from the corpora |
ion in 1887.
The evidence at the hearings dis
loses that the apartment in Helena
which is used as the principal place
f business is the one which has been
coupled by Jack Ayers. Further
1ore, the evidence shows that there
pparently have been no directors
MEETINGS, that the president of the
ompany has been unable to produce
he books or records of the corpora
ion although repeatedly requested to
O so. President Osborne on various
stated that he was unable
} get the records from Jack Ayers,
nd furthermore, that he did not know
5 to the receipts and disbursements
{ the affairs of the corporation ex-
spt that he signed checks as CO. /
gner, sometimes in blank. The rec
IDS of one bank disclose that the
apitol Brokers, Inc. and Jack Ayers
1897 deposited approximately $12,- {
1000 and in 1888 $24,000.00. The {
merican Distilling company account,
hich is probably one of the principal
of the Capitol Brokers, Inc" e
Jack Ayers, is not available to the
mmittee as the company has failed
furnish information as to the COM
issions paid for the year 1888 al y
ough repeatedly written and tele- r
aphed to do SO. 1t appears that the
.pitol Brokers, Inc, have banked in "
e institution approximately $780, k
900 from April, 1897 to December "
1888, and that the incorporators S
,eived no dividends whatsoever. "
10 committee has been unable to as q
tain what disposition has been
de of this money, except for por- CT
n that was spent in the mining to
erations.
rhe evidence discloses that for a 70
.iod of between four and five years az
or to the Capitol Brokers, Inc, ac- w