A.J. Marsh as attorney

aprille Member Photo

Clipped by aprille

A.J. Marsh as attorney - DIVIDENDS Were Paid Out of Capital Al. Net Fra...
DIVIDENDS Were Paid Out of Capital Al. Net Fra Eat-Jigs Eat-Jigs Eat-Jigs af Leaf Tabacce Caapaty. In ChargMl la New Salt Jatt Filed, Wale a Saaka Ta RtcoTtr tha loi-y loi-y loi-y From Of0en. A sen t Von I stxtrt Waa filed In the Campbell Campbell County (Ky Circuit Court yesterday In the eo lean ent ef th affairs of the Clnrln-i Clnrln-i Clnrln-i natl leaf Tobacco Company The tyl of the ault I S. c. Bailey r ih Cincinnati Le-af Le-af Le-af Tobacco Cnmajany, but 1he platrrtltT I T. C. HintM. Who maa to b made a rooefendant In the above suit now pending According to Hern'rii the officer of the cl-l cl-l cl-l company lad reeled the fund of the i oncern. Ho allege that they hair pre-aerte. pre-aerte. pre-aerte. cla'ms for ner y aTnogfai. wolch they allege waa loaned to the company by hem. in his petition he aya that he 1 now and ha been the owner of W share of th romon stock of th cinchxnall laef Tobac. co Company. WHAT BB At.tLCOBS- At.tLCOBS- He aay that from rne tlma of the or-ganlaatloti or-ganlaatloti or-ganlaatloti of th Cincinnati Laraf Tobacco Warehouae Company up to September. 1XM) H. H. HofTman was Pn raldenl; le H Brook. Vic Prealdent. and Heory Felt-man. Felt-man. Felt-man. Ti aasttrer of rha concern, and that they managed and dlrecte.1 Ih company affair, and that th Dlrarto i. upon their id vice and direction, dariarad and paid dividend from 1P4 to IBng upon the preferred preferred and common atock and t ua t during the time these dividend wer lllegillt pa'.d s the corporation did no' hav- hav- nt t earn,n ufflclant tn pay them, and that they rr In great part paid nut of tne capital of tbe corporation. o that the capital atock was Impaired to the utent of .-'il.(no .-'il.(no .-'il.(no that t he above officers M asr a. Brooka. Hoffman and Keitman anew of thes facta and con-ce con-ce con-ce led them beside representing that the said dividend were be ng paid out of tne net earning Harnlah further allege that Hoffman, under the name of Bodmann A Co . and H Feltman are now calming that large mount of money are due to them from the Cincinnati Ieaf Tobacco Wrehoue. and they and Lee Brooka are orkholners In the said Cincinnati Leaf Tobacco Company, and aach la Masking hi share of the aets of said company. wAjrra BraciAi, iTiotMissioxga. He. Ike afore, araya that he be made a party defendant herein, that the Court appoint appoint a special commissioner to Investigate, that be, under the direction of Court, employ employ counsel to resist the withdrawal of any of the asset of the company by tbe atd Hoffman. Feltman and Brook, and Institute Institute and prosecute such ult and action a may be nee ry agatnat the aald Hoffman Hoffman and Fettman and Brook for the recov- recov- i ery of the amount-they amount-they amount-they have, by the al- al- lea-ed lea-ed lea-ed payment of said dividend. Impaired the capital of the said corporation, and for all other and proper relW C. J. and w. W. - rtetm ano A. J. Marsh are tbe attorneys for petitioner. I Harnlah and hla associate Intend to tie up the money that Feltman. Brooks and Hon" man claim Is due them, and to divert It to paying back the declared dividend, amounting to about aTno.nrai The deed for th gLM.ouo reorganisation sale were yesterday acknowledged and lodged for record In every county In which the company own property.

Clipped from
  1. The Cincinnati Enquirer,
  2. 11 Aug 1900, Sat,
  3. Page 5

aprille Member Photo
  • A.J. Marsh as attorney

    aprille – 09 Apr 2013

Want to comment on this Clipping? Sign up for a free account, or sign in