Complaints

Youthful Cornelius Vanderbilt, Jr., fourth of his famed name, aspiring to be a newspaper builder of the nation, recently started two little gum-chewers' sheetlets on the Pacific Coast--The Illustrated Daily News (Los Angeles) and The Illustrated Daily Herald (San Francisco). The young shoot of the Vanderbilt stock prepared to branch forth in a new direction with the traditional magnetism of his family. But the insidious voice of trouble raised its head. Could it be that he had not financed his venture in an entirely straight--and--narrow fashion ? Two ladies filed complaints against the Vanderbilt Newspapers, Inc.; Helen G. Sharpe and Anna L. Watson charged that they were persuaded to buy stock by false inducements, because the name of William H. Vanderbilt appeared in the promotion literature of the company as a Vice President and Director. The allegation seems quite absurd; the young Cornelius must have known that William H. died in 1885.