Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1854-07-11
rRrom the n. y. ros..l
II. Schuyler Abseondea.


Further Particulars of tlc Fraud upan The NJ
ork and Netu Haren RnirOdd.'rhe Freud com
4 mitted by Mr.. Robert Schuyler continues 10 be the
n great topic ofsconyersation There is reason to
i believe that he is now in Canada. The last that
4 wasseenef him was on Tuesday morning the ain
Of July, at his residence IN Twenty seeon,i st
when his broiher-in law, Mr.. Bowdo,p .left him
He has been heard of since nj Saratoga m the
for Burlington, Vermont, where he doubtless de-.
signed 10 take the steamer for Canada We
! AT the Board of Brokers TODAY. n s... sI,,,
no9need mat he wasin Canada. The tIay before
ne leit' on the 80 ofJuiy, he and his brother eve
eu.su IN assignment Of all the properly belonging
! 70 tne nm, as well MS his Individual property, 10
Merchants Exchange. ~ ~
/ , ne assignment, we have been informed by MIR.
bowdoln, is made for the benefit of all the credit
Sts without preference, and the assgnees have la.
p1sSesi9n oil improperly, and will soon
\ possible, make public report ON the condition
/ OF the estate, lis liabilities and assets
4 MI. George Schuyler has not seen his brother
SlIce Monoey, and says he is not aware OF the firm
oeing oenehltedin any way by the large sums ari-
SING out OF the hypothecation of the spurious
Stock.
In consequence Of t;.e assignment Of all his
| property, MIR. George Schuyler has resigned the
Presidency OF the Harlem Railroad Company; in
consequence OF which the directors have been
called together. They intend, we learn, for gene
raj satisfaction, though no suspicion attaches 20
any mlsioingS in the Harlem company in which
MT. Robert Schuyler has not had any power Tor
tue paSt year, 10 nnGe thorough examination in-
10 its Affairs, and oreport the result.
One oil the many incidents publicly mentioned
IN connection with this gigantic fraud is that Mr.
Cornelius vanderbilt had an interview with MIR.
Robert Schuyler subsequently 10 the announce.
ment of The tailure-oferetl him at once to check
Tor Sl5O,0OO, and rendered further assistance 10
the extent of even three millions, if necessary,
anu would carry the New Haven and Harlem
stocks 10 par, il Air. Robert Schuyler would only
! assure MN that ga 'rtuj,f Nj,
Robert Schuyler made no other reply than shaking
! LIS head. No Such ASSURANCE could be gwen
The enormity of this CRIME committed by an old
member of one of The most nrsrocratic families
and the era ndSon Of General Schuyler of the reyo-
i"hon' has pfoducvd II shock in financial circles
from which The county Will moi soon recover.
AS matter OF course, siuce the discovery of
inns great iIaud everything pertaining to the past
history oil Mr. Robert Schuyler is Siezed upon wi h
| great avidity. The matter of his secret marriage
IL much discussed Ills was unknown 10 a ma
]oflly oil people until since the faimre Mr..
schuyler has 6eell living as bachelor, aud was
supposed To be bachelor uuti a few months
since It was discovered that le had been privately
marned many yeaE previous, and had family of
children, one OF two of HON had grown up and
sot married. They hal gone under tie name OF
opiceT. MI. Shuyler's explanation was that he
saw pretty gIrl with ~ hon he fell in love; she
poor ahd lie knew his anily would oil iect 10 The
match, So he married her privately, and never di-
Vulged the secret
! VI commerce SAYS:
The regular capital of the coinpa nv is So oOo nOO
50 that ii 10 further fraud is discovered aud the
company receive no indean fcation for the extra
Stock, the whole of which they are bound TO as.
sumo as bears tie slgnatule OF the proper Off
GERS, The actual present value>oi each share of thu.
stock will be three fifthS its former yalue we
DO not see that any thing worse will come to the
Old Stockholders than the reduction noted provi-
ueu mat the whole truth $50 lar as this company
is concerned) has now been told. Seven per 81.
/ on S5tUU,UJNO would OIL 70 o.
uuO,OOO so that holders of the stock sLouIdnot be
drren by panic 10 sell their sock 10 speculators
at an unwarrantabie sacrifice. There is also a
tumor that some bonds or other securities have
oeen deposited TO indemnify The Company for tx
ira stock; but this, we learn is without fonda.
ton.
1t was currently rumored that Com VANDERBILT,
had half million OF this Stock collateral from
hr. schuyler, but we understand that he has only
l,S0O shares. The remainder of his large loan be.
ing secured by other ccilateras. The above are
the exact facts in regard to this unfortunate af-
lair, as far rs they have been developed II is moi
chaFseu oy any one, as far as We can learn,
That MI George L. Schuyler lad any knowledge
of the exPedients which had been resorted to 10
sustain the firm of which he was msnber The
hnancta management of The affairs or the house
was exclusively with Mr.. Robert Schuyler.
- The Tribune says
In regard 10 the liability of the company for the
false stick, there seemeI TO be but one opinion
on the street. that they must assume it. This
wonlu give capital stock OF about five millions,
liIstead ofthrse millions fixed by the charter. The
directors have been i'll session all day, as also
these OF tie HarLem Company, but we heard oil
no important action excepting the closing OF the
transfer LOOKS of the New Haven Company. The
Directors oil tie New Haven Company have. n,
yet had no interview with MI. SCHUYLER.
Fhe Express says:
This default IS the most stupendous one that
has ever occurred in this county,. According to
the statement published in another column of the
Express under the signature of the PresIden mt pro
lem w. w. Boardman, Esq.) the amount is as.
Icertained to be 900 shares, S2,0OO,O 900. The
Parker Vein fraud was $1,000, coo nomlnally, but
the stock was selling at so low price that
the cash realized from $1,000, 900 OF stock depre-
clated to SO low market value, was not compara-
Die IN amount to this. Unfortunately for the
credit OF the country, Mt. Schuyler had greatre-
utalon abroad as we'll home. His name as
connected with RAILWAYS. was as well known on
the Exchange of London, Paris, Amsterdam and
raEktort, as any of our Oldest and best establish
ed mercantile houses. lie wasthe originator, and
almost sole executive OF that important work, the
Limos Central Railroad. aud only resigned the
uthce OF President OF that Company, in conse-
quence oil The law of Connecticut restricting Pres
idehtS OF Railway CompenieS in that State from
Presiding over more than railroad company al
the same time.
G-'Phe following is furnished to the Louisville
Journal by distinguished Clergyman who ueve,
says what he does not know:
Cholera Infantum
This is the season for Cholera Infantum. Many
years ago lreceived from excellent physician q
recipe for the cure OF this prevalent and often fatal