Evening Republican, Volume 15, Number 93, Rensselaer, Jasper County, 19 April 1911 — Receiver Asked for Conn Band Instrument Plant at Elkhart. [ARTICLE]

Receiver Asked for Conn Band Instrument Plant at Elkhart.

Application for a receivership for the C.~ G. Conn band instrument factory was filed in the Elkhart circuit court Friday by William J. Gronert, for twenty years manager of the plant. It is alleged that Conn is indebted $350,000 to Elkhart banks and financiers and that his assets are only $125,000. Gronert asks the court to give him a judgment for $119,808 he claims is due him from Conn as the result of an agreement made when he entered the employ of the manufacturer. Gronert claims he entered into the agreement with Conn in 1894 and that in addition to a certain salary he was to receive as manager he would receive 50 cents on every valve instrument turned out by the Conn factory, the agreement to continue in force until Gronnert turned over to Conn SIOO,OOO. With the turning over to Conn of this amount, instead of receiving a commission on each instrument, was to receive 25 per cent of the net income of the plant. Gronert claims in 1894 he turned over to Conn $66,909 and in 1895 gave Conn $57,397, making a total of $124,036. From Jan. 3, 1896, to May 1, 1910, according to Gronert, the net profits of the concern were $1,116,073, of which his share, according to contract, was $279,210. Of this amount, it is claimed, $119,808 is still due and it is for this that he asks judgment Gronert says he is unable to prove his statements because he does not have access to the books. He asks for an order of the court compelling Conn to produce his books in court. The filing of the suit has caused a sensation in the Thirteenth congressional district, Conn at one time haw ing served the district as representativejn congress.

Although 80 years old, James Lamb picked up his wife, who is an Invalid, and carried her from their burning home four miles south of Richmond.. Lamb after saving his wife fell unconscious in the yard and there the neighbors found the couple in the rain. The house was destroyed. Telling the truth Is a good trait, but the cheerful liar has more friends than the person who goes out Of his way unnecceasarily to tell truths that leave a sting. ‘TT/Ar •• . ■ « - It may be a good thing to pray for things you want, but your faith will be more likely to be rewarded ts you follow.up your plttjdir by getting out and hustling for what you want