Show SUIT CHARGES STOCK JUGGLING Morgan Interests Mentioned in Action Asking Receivership Receivership Re- Re a WILMINGTON Del D l. l May 12 P JP- Alleging stock man manipulations of more than a stockholders stockholders' suit asked today the removal of John I 1 Mange H. H C. C Hopson and associates from control of at the General Gas and Electric company The petition declares the company is hopelessly insolvent as a result of the alleged manipulations A rec re- re c is asked The Morgan banking Interests are i prominently in in inthe the suit which charges that t the House ot Mor J gan n was disappoInted because the Gas Securities company was beaten to the purchase of General by the MangeI Mange Mange- I opson Associated Gas and Electric company in 1929 tion is recounted together Actions by which Mange and Hopson bought the Gas Securities company's holdings in General for The suit alleges that Mange and Hopson made the deal with the Gas Securities company con controlled controlled trolled by Morgan interests after Gas Securities had tiled filed a suit in Delaware superior court demanding full disclosure disclosure dis dis- closure of a transaction which transferred transferred trans trans- four valuable General properties properties proper proper- ties to the Associated without pay pay- men ment t of at any cash |