| Show the abel loom company about to meet cain the stockholders of the tile abel abol loom company to the number of fifteen had a meeting yesterday afternoon david A gage in the chair tile the secretary read tho the treasurers treasur ers report and gave a brief ill lii history story stony of the organization of the tile company and its present needs shortly after the company vms was formed it purchased the additional right of thirteen states and territories in payment for which was given the note of the company for ik 1 oooo signed by the officers for the corporation this note lias his been recently sued by the dr osgood by whom it is now held the company has unsuccessfully attempted to di dispose spose of territory in ill minnesota wisconsin and nd inda indian anna na for utah they tiley have lavo havo received the only cash which has accrued from sales A st louis louls company purchased the right for which something like was paid in lands in various sections which are more or less inc Itic in utah mining stocks in stock of the company itself and a small balance ill in notes about which are tin unpaid paid and overdue the tiie expenses for the past year have been and for fort this liis the individual notes of the members h have vvo tye been given and renewed from time to time anad in addition to the total indebtedness of several thousand dollars must be raised for immediate wants tho the stairs of the tile company were discussed in a lively manner by those present it was charged changed that bad management had caused all an unsatisfactory state of things and that home some of the stockholders had not paid their full share mr D A gage stated that lie he would under no circumstances continue in office that in addition to his in stock lie he had given his paper for and ho he was heartily sick of it all present seemed to be discouraged aged with the prospects of the company but na no action was ax taken talen and the meeting lne ine eting adjourned chi c ago go post april 15 |
