OCR Text |
Show RECEIVER ASKED . FOR CLASS COMPANY PTTTSBURO, Aug. S. That the stock, holders of the Imperial Window Glass company, which was haled Into the United States courts last October for violation of the Sherman act, have been defrauded of a quarter of a million dollars, dol-lars, la the allegation made In an equity suit filed In the common pleas court tier by Monroe Lemon, a stockholder and former employee. In aa effort to throw the company. Into In-to the hands of a receiver. Umon recites re-cites many charges of Irregularity against Secretary J. B. Johnson, principal attorney, attor-ney, and also names President Myron I. laser, Vic President Mark J. Healy and Treasurer J. G. Sayra. Lemon asks an Injunction restraining the further disbursement dis-bursement of moneys and prays that a receiver be appointed to windufi Jha. affairs af-fairs of the corporation. It la alleged. In the papers filed, that the corporation was defrauded of I2&0,-000, I2&0,-000, which the petitioner declares Johnson John-son and others con pi red to divide among themselves, under pretext of paying to outside parties for pretended services to the company. It Is further declared that t he corporation, d urtng the year 1 1 0, borrowed 1600,000 on which It was forced I to pay 9240.000 Interest, and that m'll-1 m'll-1 legal conspiracy was arranged bet ween the officers and others In underwriting contracts and special rebates which aggregated ag-gregated almost a quarter million dollars. The officers of the Imperial company are charged with peylng large sums of money to the Pittsburg Plate Glass company, com-pany, under the pretense of paying for worthless advertising In a monthly paper distributed free by the Pittsburg com-nany. com-nany. It la charged that this advertising advertis-ing was a method of covering dishonest rebating. In one year 1120.000 was so paid to the Pittsburg; company. It la aJ- |