Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1854-07-12
More of the Frauds in New york.

More of the Frauds in New York.
There has been further development of the
fri utls in the Harlem railroad stock Instead of
one thousand shares ct FIRST reported, th,. over
issue Of stock by Alexandra Kyle, IT., the secre
t,ry, is now known 10 have reached as high as
$500 shares. The investigation still continues.
Kyle and Schuyler, it seems, were in the habit of
''swsppiag'' stocks-the fraudulent Harlem for
the fraudulent New Haven. The express SAYS: :.
VIM c. Wetmore has been elected Preside of
the Harlem Railroad Company, in place of Geo.
L. Schuyler, resigned.
There Is another over issue of stock added To the
list oil Robert SchuyIerS misdoIngs. ActInp as
transfer agent Of The Naugatuck RailrJad Com
pany, an over issue of over $4,000 uf ITS stock
mas eseh Traced and The investigation is not COM
plsieu Tins man, In " hum the public and his
as ociate dlIect rs plpced unlinl ed confidence,
held line fulUwi offices:
New York & New Eayrn R. r. Co., President
AID Transfer Clerk. Brooklyn and Jonalca Rail.
r1aH Z npany, secr larry. Iioustouic Railroad
4 SvtnI any, Tr"nsfeT Agent. Nlu-atuck KaIToad
Company, Transfer Akeni. New hnven and
northampton Co., l,rsnsIsr Agent. SaIaIoga aud
y, ashIngI"n r. K. Co., Treasurer aud Trans Il
Agent. Vermont Valley Ran. oad Company, / rams
fes Agent.
"Itn power to raise money TO an almost unlimlt.
ed eXteLI, as Transfer agents vi so many com pau
les, the amOuIt u mischief done IS pIvOably not
g yetkno1n, ns all these ctnpanes must oil necesS-
~ sXatnne mic tielr fairs anu repUrI crrdugIy.
i LIE 1aIlStn COMPANY nav. auV II seq HE S6UI-
ONO OF albany Extension CeTtlhca,eS, which
Schuyler re-iSsuSd. Instead of can ching the
Tue gu. stI1n Is asked on all sides IN 81 hat way
COMPANIES are liable for over Issues. Ia The case
Of IGe " W iiaveu Company aud 1t app;isS
Others, principal is bound for the acts Vi tbs
agent. II stock is transferred and held Ly inno-
c, ut thIrd parties for value given aud rereveti,
aud i paid good faith, their title to the Stvt
Is undUuLl Il.
Robert Schuyler has published card, by
which It appears that her husband the city
and very Ill. In Mr.. Schuyler's resignation u
President of the New York anu New Haven com.
pany5 he exOnorates his brother George from oil
KNOW ledge Ut participation in the faudS of which
Ro"eTI WIS gun y la the letter Ro!ert Us:
'.ln taci there IS no mode IN winch he could OBJ
tain IIfur natIun except from myself, have ever
been quite CAREFUL Ia Keep HIM Ia ignorance as any
Other person tie Guild not tvsn h.ve ascerLG ned
the Jaets from books Gnd accounts, and 10
I OSe Ia New Hav, n Company IN my charge
he had no access"
lie uTr al of Commerce says: We are re-
qmesied 10y The Trustees oi tue "pIre Sto.e Dress.
rug Company 10 contradict the STATE ietative
10 the alleged over-iSSue uf the Company's stvIk,
10 the amount OF SlUO.U00. There has betn no
ov'r issue OF stuck whatever; aud It Is believed
that the Tect nj financial srnoaI1assneniS OF the
company Will meet with prompt aud efecluaI re-
lief.
Tie Commercial Advertiser sajS: Three or four
failures ave been ann ed, the most important
OF which that Of Nj, SSIs. BIslchlord & Rams
fnId, brokers o the Harlem Company, and Mrssrs.
Brwne & Son
The New Haven Railroad Company he's pub
lisIed a card requesting tie hodeIS of its stock
10 present lheir ccrtIfcue e. Ia The Treasurer, IN
order that new Iegrtr. may be made. Those
W reside IL q diStunce, ant cuunUt cunve nIentiy
present OF send an their c. ttIfcateS, Quested
10 con municate by lett HE daie nj eT Of
each Certificate held by them, and the number of
Shares Tor which 1t purPvrts 10 have been issued,
and 10y " HON issued.
G, yenrur Morris has not failed, as reported, but
has allow ed sumo of lis paper 10 be protested, in
ord,r 10 ascertain exactly how lie stands, 10
meet such responsibilities as lie may be legally
liable for.
Rober, Schuyler, it is officially reported, has
misused S2fO,L00 OF the bombs OF The iiarem.Rell
Company.
J &c Evening Post has the following
4 he directors Of the Southern Michigan nd
Northern Indiana Railroad Company have invited
Other est, roadslo JUN them common and
public investigation of thels tEans'er Lt oks. Tie
iuyItatIon has been pariIaliy accepted. They have
been Insigaitd 10 do tins by the recent great de-
cline III tLeir stock.
The commiueet TO whom vase mmitted the duty
of ascertainIng the liabilities Of SI.S>rs r. & G..
L. Schuyler and of Robert Sci uyer 10 he ILLINOIS
Central RarlIoad Company, and examining the
securities tsd theT for report HAT they finu the
Total Ia liIteS oil the ab"vt uauIei parties TO the
mpany this day mount 10 Sl02,42I U6, aud
thai tle company received, and now huld cuIlats
TAI securities, which the Committee consider amply
sufhcs nj, being satisfied On definite QuIIy that
they would this day sell Tor more thin Iis
pird. set. lor