Telephony, July 10, 1909, page 31:
Wireless Telegraph Stockholders Protest Against Management.
Reports from Philadelphia announce that about two hundred local holders of stock in the United and the American-De Forest Wireless Telephone companies have protested against methods employed by the present management of both concerns. A committee has been appointed to institute legal proceedings to compel an accounting, or, if necessary, to apply for receivership. The protesting stockholders assert that the officers are refusing to register transfers, thus making it impossible for holders to find buyers for their stock.