Evening Republican, Volume 19, Number 204, Rensselaer, Jasper County, 28 August 1915 — FRAUD ALLEGED IN DRUG TRADE [ARTICLE]

FRAUD ALLEGED IN DRUG TRADE

Exchange of Drug Stores Unsatisfactory to Reynolds Man—Goes To Court.

The controversy between two parties over a horse trade wouldn’t make the commotion created over the trade of drug stores between I. H. Orr, of Delphi, and Dr. E. A. Bush, of* Reynolds. On July 15th I. H. sold the store of Lytle and Orr Co. to Dr. E. A. Bush, of Reynolds. Drr Bush owned the Reynolds drug store -and traded this property in on the Lytle and Orr store. In the trade the values of the stores were based on their invoices. The parties entered into a contract. The invoice showed a valuation of $9,748.43 for the Lytle and Orr store, and $4,200 for the Reynolds store. Now Mr. Bush has entered suit in the White circuit court against Orr and members of the family who were stockholders in the Lytle and Orr store, alleging that the invoice was not true and correct and that a true invoice shows $3,000 less than the purchase price. In the trade the building and loan association of Delphi granted a loan to Dr. Bush of $3,000, but instead of paying the money to Bush arrangements were made to pay the money to Orr. At that time the association did not have funds on Kknd to pay the casTT on such a large loan and has not yet paid Orr his money. Dr. Bush asks the court to restrain the payment of the money to Orr and on the ground of fraud asks that his own note to the association be cancelled.