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Show SUNBEAM COMPANY A DEFENDANT IN SUIT Suit was filed Tuesday in the Third district court by J. AlcF. Carpenter against the Golden Sunbeam .Mines company and C. E. Gable. Tho complaint com-plaint sets forth that durine: last March the defendant company lreld a meeting at which resolutions were passed authorizing au-thorizing the company to purchase at least 2(50,000 shares of stock in the North Sunbeam Gold Mining company at the rate of fifty cents per share. The resolution called "for the purchase of 80,000 shares of North Sunbeam stock at fifty conls a sharo held b" the defendant de-fendant Gable. The complaint says that sufficient notice of this meeting was not given the directors, au required by tho bylaws of the company, and makes tho charge that members of the company have purchased pur-chased North Sunbeam stock for less than fifty conts a share Lo bo sold to the Sunbeam company at fifty cents. The names of these officials, however, arc said to be unknown. The plaintiff is a stockholder iu the Sunbeam company, com-pany, and asks that the directors be enjoined from the purchase of the North Sunbeam stock, and that any stock so purchased be turned back and that the money paid therefor be returned to the Sunbeam treasury. The plaintiff is 11 resident of Pennsylvania, and the suit is brought by Attorney F. T. McGurrin. |