OCR Text |
Show Land Stock Company Caned to Account CHICAGO. Juno 25. A bill for an I accounting was filed In circuit court! today by W. C. Matthias and fifteen' other stockholders and creditors of the bankrupt Daniel Hayes company, ' a land stock organization. The bill declared the defendants, Daniel Hayes,; Jr., C. J. aellman, C. S. Gro, Walter' S. .Bond, directors of tho company, I and others solicited the plaintiffs by. means of "false, misleading and de-l ceitru) representatldn ail to their business." busi-ness." nie plaintiffs alleged they, purchased stacu lor wliicn they paid, approximately $13,000. ' According to the bill the concern' represented that it owned 1 OS, 000 acres of land at Joaquin valley, California.! About 7,000 acres of land were sold, the bill stated, to which "the company' did not even have a colorable title." The company wan organized in 1015 under the laws of Idaho. an |