Dietz Wants His Stock

Oswald Dietz filed a bill of complaint Tuesday against the Crescent Gold Mining Co., a corporation organized under the laws of Montana, with its principal office located in Ann Arbor, charging the said company with failure to issue to said Dietz 32,000 shares of stock which he had purchased of one J. H. Ortman.

The bill goes on and sets up the organization of the said company, its purpose, properties and capital stock, which is alleged to be twelve hundred thousand shares of the par value of 10 cents per share.

The bill states that on June 26th, 1903, John H. Ortman was the owner of 32,000 shares which had not been issued to said Ortman. This stock had, however, been fully paid for. On the before mentioned date Dietz claims to have purchased 30,000 shares of this stock of Ortman for one dollar and other valuable considerations. And on July 22nd, 1903, he purchased the remaining two thousand shares for one dollar and other valuable consideration. But Dietz has not been able to get the stock issued to him. So he brings suit to force the company to issue same.

He names as the officers of the company the following: President and treasurer, Louis C. Weinmann: vice president, W. A. Gwinner: secretary,  Geo. J. Mann; directors, L. C. Weinmann, W. A. Gwinner, Geo. J. Mann, .T. A. Zahn, Michael Gauss, Thomas Hopwood and W. G. Henne.

The bill farther states that the said Dietz presented to the president and secretary of the company the assignments of the before mentioned stock and asked that it be issued to him, but that said officers refused to issue it and pretended that said Ortman was not the owner of any of the capital stock of the company on the dates of assignments. Dietz claims, however, that the books of the company show that Ortman was at the dates of assignments the owner of 32,000 shares of stock.

Dietz claims the company is now engaged in selling stock, some of the mines, etc.. and that he believes the company will deprive him of all benefit of said 32,000 shares of the stock and he, therefore, prays for relief and that the company be ordered to issue to him this stock and be restrained from disposing of its mining property in the mean time.

Arthur Brown is solicitor for complainant. Judge Kinne has upon these representations ordered an injunction to issue as asked.