Clipped From Evening Sentinel
IMt; SI IT IS FILED AUAIXST CHEMICAL 1 I KM. The E. I. Du Pont de Nemours Powder Co., through Its attorneys, E. S. Pillsbury and Pillsbury, Madison & Sutro, filed complaint yesterday in the Unified States Circuit Court against William C. Peyton and the Peyton Chemical Co., asking for the appointment of a receiver; for a temporary restraining order enjoining respondents from collecting an alleged assessment upon certain Bhares of stock; for an accounting and exhibition of all the books and minutes of proceedings. The complaint also asks for the cancellation of a certificate for 1000 shares of capital stock of re-Knundent. nnd the issuance to U. S. Penniman in lieu thereof and four . certificates of stock of said corpora-) tion.one for'J60shares of said capital, wtock in the name of the E. I. Du Pont de Nemours Powder Co., one for , twenty-five shares In the name of R. j S. Penniman, one for fifteen shares in ( the name of Frank Turner and one for i ten shares in the name of G. W. Rey-i nolds. j It is alleged tnat the Peyton Co. j borrowed $183,000 from the Du Pont Co., $115,000 of which falls due next ! month. Three thousand shares of the j common stock of the respondent are j claimed by the complainant, the stock i being valued at $100 per share. Attnrnev Marcel E. Cerf said last 1 night: "The Peyton Chemical Co. and Mr. Peyton are solvent. They can and will pay 100 cents on every dollar when obligations fall due. The W. C. Peyton mentioned above was for a number of years superintendent of the California Powder Works near this city.