Ironsides Pottery brings suit against Globe Pottery Company

"IRONSIDES" SUIT

INTERESTS POTTERS

One of the Most Important

Pieces of Litigation In

Recent Years

The suit brought in the Court of Chancery by the Ironsides Pottery Company of White Hill, near Bordentown, against the Globe Pottery Company, of this city, to compel specific performance of an alleged agreement under which the Globe Company was to purchase the Ironsides plant, is one of the most important pieces of pottery litigation in this vicinity in years. About $200,000 is involved in the bill of complaint John Cochran, Andrew Cochran and David Allen, of this city, and William H. Williams and George Cochran, of Fieldsboro, are named as co-complainants, and Charles Templeton, of this city, is made a defendant with the Globe Company. Templeton seems to have been the promoter of the plan to acquire the pottery plant.

According to the bill of complaint the complainants and Charles Templeton and William A. Mellon by which the defendants were to purchase the pottery for $50,000 in cash, first mortgage bonds of the new corporation to the amount of $50,000 preferred stock in the new concern to the extent of $25,000 and common stock to the value of $15,000. It is charged that this agreement has been violated by the defendants.