New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-07-19
although bid has been made for Che whole amount.

although bid has been made for fhe whole amount
Under these circumstances il is feared that the Company
may be forced TO declare the dividend able in bonds
or TO pas it altogether. The Board vii. probably take
action this week. Mr. Corning, the Presilsa is
expected in town on Wednesday.
We see il stated that work the Harlem extension to
Lebanon and so north the Central road from Boston
to NewYork and on the Hampfed road in Pennsylvania
has been stopped for want of means.
The Vermont Central stock is suspended from the books
Of the Boston Board of Brokers until an examination has
been made of the stock ledger by Committee of the
Board consisting Of Messrs Head Ashley Spencer Rice
and Degrand. The OverssUe is said TO be only 5000
shares Mr.. Crane, the President who made the over
issue il reported to be large subscriber $500 ooO to
the Sunbury and Erie road upon which he has paid up
$4,000. II upon this and other subscriptions that
the subscription from the City Of Philadelphia obtained
for this road and it is found that this will be with
held, and the progress Of the road suspended The
Transcript says in relation to this affair
Late on SATURDAY morning and after the adjournment
Of the Brokers Board it announced that az over
issue Of Vermont Central Railroad shares had been made
BY Edward Crane the President unknown TO hls as
sociaes in the direction of the Company affairs. aP-
pears that after the removal Of the Office Of the Company
about three weeks since, to New York. where the newly
appointed Treasurer resides the former clerk in the Office
up the stock balances of the several brokers and
operators here be given to Mr. G.. w. Gordon, the
newly appointed transfer agent in this city The paper
parsed 10 Mr. Crane certify correctness to Mr.
GOrcOn and before II received by Mr.. Gordon, two
fraudulent alterations were made in 1t by Mr. Crane By
placing 1000 shares half each to the credit of Mr. Brood
hea0 and Mr. LatImer which have been cold or otherwise
realized upon in the When the
ceved by Mr.. Gordon from the Office in New. York
Saturday this second fraud by Mr Crane discovered
when charged with il he admitted the fact and mme
diaiely resigned his position President and Director
AS some inquiry has been made to who the Mr..
Lamer is to whom the overssue in part was made, we
understand that he is railroad contractor in Ohio. and
that alter being informed by Mr. Crane that 1880 hare
were passed 20 his credit he requested Mr. BOles, hs
broker obtain certificates al the transerOce IN scrps
of 500 shares each which procured and seat Mr.
Latimer, who at the Bromfeld House. Soon after
they sent Mr. Boes received from him of the
certificates, with uthory TO SELL which bringing salts
factory price gave orders for further sales TO the fall
amount Of the whole number of shares fraudulently
passed to his credit
"As might be supposed, the discovery and acknowledg
mCnt Of another fraudulent issue of stock following
after those 10 this city and NewIork which we have
been obliged to chronicle within month"; has created
great sensation in Safest and the call seems 70 be
unanimous that the stockholders in the Vermont Central
Railroad should take immediate steps for h arrest of Mr.
Crane and all Others who have had any connection with
this fraud The Post of this morning states that there
nothing in the charter Of tic Vermont Central Railroad
that fobids increase of stock. We have inquired Of
former director this point AMI he assures US that 1t
not TO- The statement also that the former overissue
by Mr. Crane inquired into by the Grand Jury at their
recent session aud indictment found uatrue-the
subject not having been presented
The COvritr says il does appear that any person
except Mr. Crane was cognzant of this fraud that
any interests Of ms IN corporations IN tins vicinity are IN
any way connected with II he has not been director IN
the Manchester and Lawrence Railroad since the last
annual election in February, in the Kennebec and
Androscoggn Railroad for time past his influence
has declined aud by the corporations themselves he has
ceased to be identified with the interests management
Of the Providence and Worcester and Boston aud New
York Central he director and holds greater or less
interests in several other corporations bat do not
learn that either of them have been exposed by his acts
to any pecuniary loss, saving the Vermont Central
I" His prominent interests hitherto have been in the
Providence and Worcester and the Boston and New
Central Road, in both of which corporations the most
thorough investigations have been instituted during
month past and everything has been found be straight
forward and correct. Both of these Companies in
the hands of highly respectable and responsible who
conducting the trusts committed TO them in udicious
and proper manner.
AT Boston the Money market is working easier First
class paper goes at lOal1 2 cent.
The following the discounts deposits, specie and
circulation Of the Bank of Missouri and the several