MR CARNEGIE'S FORTUNE.

Auckland Star, Volume XXXI, Issue 185, 6 August 1900, Page 8

MR CARNEGIE'S FORTUNE.

Mr Andrew Carnegie returned to England during May; Mr Carnegie in the course of his recent sojourn in the United Stntcs has carried through one of the greatest company transactions on record, and fought one of the great fights'of his life, nnrt that, too, with consummate" success. It may be remembered that, with the object of relieving himself of the cares of active business, he had entered into an arrangement with one of. his partners, Mr Prick, representing a syndicate, by which lie was to retire from the Carnegie Company on the payment of forty millions pounds sterling (not dollars). The syndicate were allowed ninety clays in which to carry through the transaction and tind the money (Mr Carnegie agreeing to allow twenty million pounds to remain in. o per cent, gold bonds), and as a pledge of fulfilment the syndicate deposited the sum of 1.175,000 dollars—about £250,000. They failed, however, to carry out their agreement, and Mr Carnegie took possession of the deposit. This and the failure of their efforts* annoyed the members of the syndicate, and war t was declared, but-it was quickly seen that they were no match for the controlling head of the company, and very soon they came to terms. At one time It is understood that Mr Frick demanded to be paid out at a cost of eight million pounds sterling, but from subsequent events it would appear that his interest is much less than this sum.

As the result of the new agreement a great Corporation, the greatest private tradIng undertaking in existence, has been formed arid registered under the laws of Now Jersey, with a capital of 160,000,000 dollars, divided Into shares of the par value of 1000 dollars each, and as the holding1 of this remarkable Company is unique, we give It In full:— Shares $1000 each. Andrew Carnegie 80,370 Henry Phipps ' 17 220 Henry Frick 15J484 Charles M. Schwab ISU2O William H. Singer 2*829 Lawrence C. I'hlpps 2*053 Francis T. F. Lovejoy 7'o''4 Thomas Morrison 'gg4 D. M. Clemson " goj James Gayley ] gg| Andrew M. Morelaiid * 01 n John Walker %n'> William W. Blackburn ... 440 George B, McCague """ aJ> James Scott JIT, William E, Corey 3fs Joseph E. Schwab ~."." 440 Thomas Lynch ...-. -ioTHenry P. Bope Jms Lewis T. Brown zii G. B. Bosworth ,# David G. Kerr JIS Homer J. Lindsay \\~ Hampden E Tener, jun 147 George Megrew , ij? Gibson D. Packer \% William B. Dlckson i% Albert C. Case iU .Sylvanus L. Schooumaker".'.'.'. nr. Azor U. Hunt i'l P. Toesten Berg !,, Alva C. Dinkey lj Charles McCreery '. ~1 Charles W. Baker At Joslah O. Hoffman ;, ' \%