Show UTAH IT IT STARTED 1 iON ACCOUNTING f i Probe Is Sugar fairs of Bankrupt A 4 Company ILlES i 4 ES IN DISPUTE f 7 f rid vid A. A Vl West est Stockholder I Files Complaint for Self and Others r stock at a aF ar L oTin in 91 s shares O of or F r til of ot alleged L' L tIt t to have havo been held and amI controlled of or the corporation suit suitS official th the filed lIed with the Third district court s accounting of or asking for or an erday Su- Su bus bus- of ot the Utah Montana s eom complaint D was filed rUed by br David Dald A A. A ft it i e c ft a stockholder on behalf of ot him him- who and all aU other stockholders tAte iare re to tale take part in the tho action he be e deC defendants named lire nrc Geor George o I 1 E. E de hU OC O Dee Beebe be Wharton harton Plum- Plum r I. r. r Georgc A. A Snow j I n. n Ir r B. B D r A. A G O. St St. tit bt A. A A A. Flynn Willard T T. Can- Can comar com com- and nd th the Cannon SwensOn ar r r. r ft a corporation ho G B complaint relates that the tho com com- In Jul July 1916 h fly was Incorporated th a. a capitalization of or die dl- dl e Into 1000 shares at a par value valio O. O C. C Beebe San Sanders and Snow O of oC the orl original 1000 shares 1 lock th the tho remaining ten shares bc- bc divided among Plummer Iyer A A. tBt ebe bC and Flynn rlynn J Co l I la Is 18 sal said the seven defendants corn com com com- the first board of directors with dots a as president of or the thc company iw W w. w WIco Ico vice president and O. O C C. Beebe treasurer The remaining four ofT of- of irs T rs are arB characterized In the com com- IntS tt as S having boon been dummy dumm or directors the thc govern So poM cr of the company compart being vest cst Absolutely in Deebe Beebe Sanders an and ande wo Tie e complaint char charges s 's that doming domin- domin ig g the the thc officials of oC company compan toted for Cor Increasing th the Hal thU stock from to i OOOO I that tot for a c consideration of or certain entered Into b by Snow San San- rt and Beebe with the tho Hamilton ont lint nt chamber of oC commerce the theft jee ft e officials ls were to be he apportioned i haros iharos of or tho stock at a par value 1100 a a. share arc I be he c capitalization was accordingly eased the complaint states and shares of or stock transferred to toI I three tull ruling n officials A u d m th that t this amount of or stock unlawfully wrongfully wr i without consideration the plain plain- a a. court investigation to as aslain as- as lain how man many shares of oC tho 7 l mined in the company's treasury I how low man many were sold and no ac ac- nUng made mado of oC the proceeds 0 nor to incorporation ton 01 OL mo com com- ny I r the complaint states tates Sno Snow nee nee- nd Sanders entered Into n a Cun- Cun t with t the Hamilton Mont cham- cham of commerce to acquire a sugar i lory Ory ry itc MUe In Hamilton This con- con ct for which It 1 Is said Snow Beemd Deen Dee Bee ind md n Sanders acquired n 91 shares of company stock wa was held to b bf and therefore tho block of etc elf was taken without consideration Jb sequent m to Increasing the tho capital ck cliV according to tho the complaint the ls of the company any entered into with T. T Cannon and andr irs r composing the Cannon Swenson rin voting for the conI con- con I 1 ot of a sugar factory factor at llam- llam fi it Part of or this mone money It Is said paid In Installments l z l f Company Bankrupt inthe fall fuU of nr J 11 S the tho company comp wa wax V dge bankrupt and tho the holdings s In RUna tana went Into receivership The Theal Themy I al my tI was WILS Lou bought ht out at public sale Ernest U. U Woolley of or Salt Lake Mr tr oll y 1 nd no now noto to be bel be- be fl 11 l the motion to force un lin In esti lion Jon ho I complaint that the tho Jar large e el l' l of oC stock held b by the three main l of ot th 5 company following Inn inas In- In n as d cat capitalization wa wag a promotion tk ck and should huld hae ha been pro rated ong the stockholders h contract entered Into by b the of- of ll IUs with the he Canon Cannon on com com- n hy fly la is characterized cht d by I he the complaint a a. conspiracy to defraud I Fhe rhe he Utah charter held b by th the Monia MonI Mon Mon- I ia Utah Sugar u ar company campau was lost In InI I 1 rU ISIS UIS upon failure fi to pay the te ite Incorporation tax now Sanders and Deebe Beebe are arc alleged have hc h c paid for only ninety nine Arts res Tes of ot the original stock of or tho the C pany Jt |