The Virginian. [volume] (Lynchburg [Va.]) 1822-1829, 1827-01-15
NEw-YoRK, Jan. 2, 1897
COURT OF OYER ANDrFpnuxpp

sEw-foRK, Jan. 2, 1897.
COURT OF OYER AND TERMlNER
Thomas Hyatt, Henry &. Lambert s,,,ro,
+ Lambert, and Charles Mowatt, ncrc c,Ilat
10 the ar Thomas Hyatt did not appear
ne othels appearing
Judge Edwards addressed the prisoners g
follows -
You have been convicted of the conspiracir,
to dcfraud, for which you have been indicted 4
has now become the painful duty Of the co4Itin
pas sentence upon YOU With a view to a cor
rect discharge Of this duty, aud that we Dlsb,
not iniilct any unnecessary suffering ON IN. one
hand, OF fail in meeting the demands ot pub,
justice on the other, We have bestowed our NH
and deliberate attention 10 the facts developed in
the course oi your trials, and 10 every cfcun.
stance which dds presented tsCll to us eilber in
eXtenuaiion or agra, alton OF your offences In
arriving al result, We have also considered
what l. due to the great end OF criminal justice
tho safety OF society and in consequence of
Developments, within the last six months, Of The
frauds which have been praclised upon TIN,
community by the agents of monied institutions.
tins cOnsldclauo has pressed itsclt most DOW.
Grizzly upon our attention. Even during the
tItis winch have taken place at the present
tenn ut TINS court we have witness sd di49aRR
institution, OF the most appalling nature. AS
common a crimes are in all great cities, VT
this community was not prepared To expect.
from the class oi society to which the ptrpela-
tors OF those crimes belonged, such burst OF
hdquIly. These offences have been character.
ized by breaches of official and personal conf.
dencei by a course OF deception Il miSreprcsenz
tdtlon long ana Systematically pursued and by
Ingenious ,,ud crafty devices which 10 Ordinary
prudence could guard against. Nor was his
ALL among tie actors III THESE scenes, were sone
. the principal agents in the Inanag cement OF
mpuled institutions, and they have been found
actually combining aud couspirng together for
tue accomplishment Ot Then notaIious purposes
rfom conspWaces composed OF men OF 50 much
talent, tdIimg themselves Of THEN hg standing,
II Is not surprising tbat they should have swept
society with the besom Of destruction hhcn
crimes OF such character. attended with such
Obstructive consequences abound, il behotes the
tribunals OF justice to gather themselves up TO
meet tie occasion, and to extend far as III
tnom hes, the protecting arm OF the law
Our moned Institutions are the repositories of
thu wealth, not only OF our own citizens, but
those OF othel states, and OF other countries. In
ihem are deposited the hard eaniugs OF The IN
duSuIous and frugal, and extensive dcpiedations
upon these must necessarily be Attended with a
tram OF hcart.rendmg suffering. Considerations
OF public policy Apply ia this city with peculiar
force, IN favor OF guarding these Institutions
/ ms IS the emporium of the country. Hce 10
great extent is conferred the wealth OF the IA
ton, FOR Inc purpose OF rendering tins wealth
suDsefFlent 10 the advancement Of the general
welfare, experience has shown, that il Is very
important that Il be 10 graf extent, vested IL
such Institutions. Bot nothing is more certain.
than that they cannot exist but under the guar
dlanShlp OF ncorrupublc agents, and 50 violent
are the temptations for the commission offfaud5
upon such institutions, and such iaclhues an II.
toided the agents Tor their pespetrallon tIiaf
considerations ofpublc policy call loudly, When
ever such cases occur, for iniIcton OF eHem
plary punishment upon the offenders. Il Nc
pas, from this general view to your particular
casts, We find but little TO mitigate your punish
ment. The mischets which you haze conuihh-
ted towards bringing upon society, were msns,
and extensive IN their operation The United
states Lombard Association had bonus out al
the time of lis failure and inch II was unable
10 redeem, to the amount OF S6oO,0o0, and nc
Sun Fire Insurance Company lost 10000 dol
lars Gifts funds. Whether therefore we cOn.l-
der your offences with view 10 the depro'W
they indicate, the sullerags they have hro1Gh
upon society. orthe future SAFETY Of the tohno-
nuy, We are most seusl admauished ot o'"
responsibility to the people, Who lunh far llo'''
ton to the law, which W aac called upon 10
administer, aud are penet. atnd with a soi'hh
conviction, that there IS nu couIsC left Us. com
p tible with our duty. but to nhict exemplary
punishment upon you.
The extraordinary character of the cases
which we are called TO pass upon, has ieit l'1
court almost without precedent 10 guide lis us
cretion. In one case, however, which N1'
brought before ms court within the last YEN
we took occasion to observe, that in finding u'
sentence. we intended distinctly to give the poJ.
lie to understand in what estimation we held Su''
crimes
In contemplating your cases, We have cons"
cred your tormel standing in soclct YET @"
perceive in IT nothing 10 entite yoa 10 ar ''"'
ency The miserable sons and Daughters 70
vice may plead their ignorance and their n'1'S
sites and to such effect 10 draw tears from ~"
eyes ofjusce while she strikes. But youi "'
entS and yonr station in society afforded to"
commanding view of your duty and put III w.
power to obtain by honest means respe0"'
support. If your punishment was to DC ~
Sured by the suffering you have produce"
would be difficult to fix limits to IT, II we ''"
der your punishment with a view to me C"',
ter Of the offence. the stern dictates OF jus
forbid that we should laulter If with WV
the future safety of society, experience IL"
her monhory voice against you.
But although nothing can be said IN Ju'''""@
ton, or excuse of your conduct, yet your 'e IN.
ces are Car from being equally aIoclo"s. d.
circumstances attending the obtainment oil .H
fdayit that the whole capital stock OF INC ,st
son Insurance Company was paid mp, "'f" ..r.
dollar ofit va, paid; and then obtaining mo
tifcate Of full stock to the amount OF Hl''.
and palnng it off upon the sun FIRE nj MI .3r
Company, was an act ofatrocllY "1lco ras
the severe anin,adversion OF the C"'l lcts.Iq5
fact strikingly distinguishes the case Of '1l.oa
Mowatt from that Of his conspralofs' ~. e
King Of IA similar affidavit by Thomas iifa
latva 10 the L. 5 Lombard Association. a
the stock was paid for, to the amount ei pow