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SUES FOR 8200.000.KfFrank Donner Sues His Brotber|La For Broach of Agreement.ThiAccounting of Safe of Steel Plant Asked—Frank Donner Now Living Here—Suit Piled in Pittsburg.(coiterev«Halwaoricit.bymoFrank Donner, who has for several months made his home here, has lately filed suit against his brother W. H. Donner, of Pittsburg, askiDg $200,000, claimed to be due him under an agreement with his brother.Mr. Donner was formerly interested in the tin plate mill at Anderson and it was while living there that he married Miss Sedelia Starr, of this city. When the. Anderson mill was sold toltio the trust Mr. Donner and his brother I 'i went to Pittsburg where they were pel interested in another tin plate mill. fou This mill was sold to the truBt about res a year ago and since then Mr. and inf Mrs. Donner have spent most ol their Aft time here with her parents, Mr. and tw Mrs. W. E. Starr. It was not known crI here that there was any ill feeling be-1 coi tween the brothers.; I (The Anderson Morning Herald, of coi June 19, says:— OilFrank Donner of Columbus, has I Mi filed a bill in equity in the county ed courts at Pittsburg against W. H. I str Donner, his brother, for an account- thi ing of {[stock valued upward of $200,- Ra 000, which he says he is entitled to tlr underlan agreement with Donner. I ho The action grows ont of the sale of on the Union Steel company and its affili- be ated Z corporations, to the United as! States Steel Corporation, and this pilt; transaction is set forth in detail. The ca bilRcharges that William H. Donner, mi president of the United Steel Com-1 fa pany, agreed to sell the plaintiff stock I of in the] various companies to theltii amount of $25,000 and that this money ha was^paid, but the stock was never ov delivered. stiThe companion were later Bold to tli the United States Steel Corporation coat an aggregate price $22,300,000. The hi plaintiff says he doeB not know the thexact amount of the profit realized I mby the Bale, bub he has been informed j and believes it was upward of $7,300,-1 to 000. I piBoth'Frank and W. H. Donner lived jfe, in Anderson until a few years ago. f0 It was W. H. Donner who built the p8 tin plate mill in North Anderson, al Prior to* coming to Anderson ten Li years ago he had “cleaned up” about st $20,000 in real estate speculations B1 I about Gas City. This amount eon- cc oi rt stituted his fortune. lie joined with I to ifcer-kjin, D p Erwin 0f lndionapolis, hi sines phi)ip Matter of Marion, and Joseph ns 1 II. Gwin of Columbus, and after get-jdi ^ond ting a bonus they built the tin plate Mv»n—tej in North Anderson. Under Mr. Don-1ai jner’s;management, it like all other g* ureB tin plate properties was successful Le from the start. It was sold to the m 1 *or American Tin Plate company about po ^L|y* three years ago fora million dollars. d«V ork I tjie meantime the same parties ru nce’ hail started another mill of Bimiliar WJ •cing capacity at Monessen, Pa. They also|“i thatL0^| this to the trust. In the mean- w: tlie time W. H. Donnor had brought his de °Gyounger brother, FraDk, from Colum- jDtiersI pug and started him in the business Lit^8' I first in the office aud later asmauag-jni antMer. After the trust controlled the|ja haB mill Frank remained iu Anderson for in hem ja time'as local manager. wisale ()n gelling out his tin plate pioper-JvoLind, I tiee W. H. Donner went to Pittsburg. *the His fortune at that time is generally BUJ ^ I reported [,to ha ;e been about $50,000.1isrs. I He became connected with the Mel- Kj0Ions and other wealthy Pittsburgers Cll^kelmnlt;] ^gan the erection of the Union lye3eer Steel plant. Frank joined himayear|mlt;me jlater. Through his relation with his |arjnot I brother he had then become well-to-Hdo. 8la| The past year Frank has been inlt;ofTrphpnBO*beanNsfeianiorofovwlhipabid Indiana spending most of his time atutil either Greencostle or Columbus withling relatives. Until the tiling of this suitIon- Anderson people have had no intlmathe tion that the two brothers were notvu* on good terms. W. If, Donner stillwas I resides in Pittsburg.to ----------------If I Swindler Arrested.hat The man who last week attempted her to swindle Father McLaughlin, and snt. who was successful in a similar at-reel I tempt at Brazil, has probably been g it arrested at Indianapolis. At least anold man tallying iu description with the man who was here, has been arrested there, charged with attempting to obtain money under false pretenses, his attempted swindle there being identical with the scheme he worked in Brazil and tried here. The Indianapolis detectives believe him to be a swindler of eiperience and are working to get his criminal pedigree complete.onthe»rgeackinwlt;DSthbrthwiurt i use obn
Newspaper Details
Greencastle Star Press
Greencastle, Indiana, US
Sat, Jun 27, 1903
Page 7
Full Page
Clipped by
State L.
PA, USA 29 Sep 2018
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