Rensselaer Semi-Weekly Republican, Volume 37, Number 19, Rensselaer, Jasper County, 10 March 1905 — BIG SUIT IS STARTED. [ARTICLE]

BIG SUIT IS STARTED.

a W. YOUNG WANTS TO KNOW ABOUT SECURITIES. Promoter of Ship-Bnildinir Combine Asks for an Accounting—Officer Who Takes Long Drive with Maniac Through Canadian Wilds Goes Crazy. - - A suit was filed the other day in New York by counsel for John W. Young, one of the promoters of the United States Shipbuilding Company, asking for an accounting of “$60,994,000 of the securities of the corporation from the Mercantile Trust Company, its trustee. The complaint recites that in June, 1902, the trust company accepted the offer of the plaintiff to convey to it $19,995,500 of the preferred and $24,988,500 of the common stock of the ship-building company and $16,000,000 of its first mortgage 5 per cent sinking fund. The complaint alleges that tlvo trust company “did not deliver and distribute the said securities as directed.” and "never rendered an accounting to the plaintiff in respect of said securities or the disposition made of them by it, although demand therefor has been made.” . CONVICTED OF MURDER OF GIRL. Former lowa Man Found Guilty of Crime Committed in 1809. Charles Thomas, accused of the murder of Mabel Scofield, was found guilty in Des Moines, after one of the most sensational trials in the crime annals of lowa. When the verdict of guilty was brought in Thomas took the result calm- 1 ly, but his -wife screamed and fell to the floor in a swoon. The crime of which Thomas was found guilty was committed Oct. 2, 1899. The girl’s body was found in the river, and traces of poison were discovered in her stomach. The defense held that the girl committed suicide. Thomas was given a preliminary hearing shortly after the girl's death, but was discharged. Five years passed and then Thomas was indicted and brought back from his home in Nebraska to stand trial. ~ OFFICER BECOMES A LUNATIC. Constable Who Accompanied Maniac Over Frozen Waste Goes Mad. Constable Paine of the royal mounted police is insane and has been confined in the asylum at Brandon, Manitoba. Constable Paine is the man who drove several thousand miles from Fort Chippewayan, Athabasca, in a dog sled with a missionary 4 who had become a raving maniac in the solitary waste. After handing over his charge at Edmonton the constable went raving -mad himself, and it is feared he will never recover his reason. As an odd ' coincidence, he is confined in the next cell to that in which the missionary probably will end his days. Steel Men to Get Raise. Information from New York received by prominent business and financial men Pittsburg states that the United States Steel Corporation’s management is making preparations for a general wage increase affecting the larger proportion of the big concern’s employes of every grade. It is said that 170,000 will be Effected and $12,000,000 added to the pay roll. Ceremony of Inauguration. Theodore Roosevelt was inaugurated President Saturday in the presence of the largest crowd that ever gathered in the national capital city. Thousands marched in the inaugural pageant amid cheering spectators. Mr. Fairbanks was sworn in as Vice President before a throng of notables in the Senate chamber. Indicted for Iroquois Deaths. Will J. Davis, former manager of the ill-fated Iroquois theater; George Williams, commissioner of buildings, and William Laughlin, deputy building inspector. were indicted by the grand jury in Chicago as responsible for the negligence that resulted in the death of 587 persons in the fire that destroyed the theater Dec. 31, 1903. Exports from Farms Increase. The Department of Agriculture reports a gain in exports of farm and forest products, and that since 1890 the balance of trade has favored exports over ports. Amount of North Sea Claim. The British claims as a result of the North Sea incident as finally submitted to Russia total $325,000. This amount, it is. understood, will be paid in a few days without demur. Favor State Implement Factory. The Minnesota House passed a resolution favoring a State implement factory, to compete with the Harvester combine. The measure has been held up in the Senate for debate. Great Car Barna Burn. The main car barns of the Manchester, N. 11.. Traction Company, occupying an entire block, were destroyed by fire. The loss is estimated nt $150,000. $75,000 Blaze in New York. Fire in the warehouses of Theodore Olisheimer & Bro. at Duane and Church streets. New York, wrecked the building, causing a loss of $75,000. Weekly Commercial Reports. Tlie weekly reports of Dun and Bradstreet indicate a general improvement in trade conditions. Will Probe World’s Fair Scandal. A scandal in the Rt. Ixmis fair management is to be probed, it being alleged that property in which the government has an interest was sold at one-fourth its value in secret. Oldest Indian in America Dies. Klathlo Harjo, a Seminole, known as “Old Fish,”, said to have been the oldest Indian in America, Is dead near Shawnee, Okla., at the age of 110. He was born in the everglades of Florida, and fought in the war of 1812, in tho Semiwars and during the Civil War.