The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-05-10

se made the formal subscrptlon sSOs TO che loan
made This Z an that had to do with the making ,h
Here H,sht stop Mr. p.ish.s principal charge, upo
snsn al The others depend having ed tho nsoes
But deny th.t the sontrse. made BY Mosrs pla
ssSy rnesnd,.IOpay ssos Of stock cents on Ia,
suISs sny gsss. sSpsrsy
tsass and i form take legal
s E ia'e The n Sasn ssp h r
By, Mr. Dsishs 10 sell his stock
nay hsys been take ssssa.s y sS5ody
s1 any a I'l own wy r.. or r FL .aS
Ss ss.@ ssi j. gss
and s Il liz Wa. ssG :. "a:
tss mp small sam Of which
.iosk b.: never Saa m.rEss ssss in thu fair and
as f 81 Broken. ssS
record q their daily the stock Exoaaass
6sd ana
price, such 4. i intended tho value
had then :: Sas as
To prove his assertion as to the maket value on tho
Man, ss.9ss 81
sold this
rs as sSso IS S ssS ssss &c an %
would zen for on the sOth D osmser 1853
only WHY tho Northern Company pre-.
eas t''S Of
credit was that was hoped the stock could
the sssp ss =
ssal g
s months SnsIs ss a. four
ss nssr nc sss% as s
Psny ana tssa
stock the terms which bargain 10 WAS AZ
and S nasils sssS
wsud decline TO take s stock at So when the market
Apply another Test. VIVA. did the stock NJ. pxsss
payable mortgage bonds and stock Of
hs for rs ss track
las miles-equa to $40 $40 per mile for railroad
saarmeD the @ In
s sn % 5s % and svs T MOT cost
comment Estims.lns The bonds security their
. ssS
Ofyhen ssoertaned thatti paper tho properly
to defeat collection necessary to set up b.
as 'hS II tho inc one s S
ether. N'''-'' % INV
rither time to do more than refer
alleges that A.. sstotsd nsary $50 600 on GALE Of 200
y yr SSssS on tsn before s LIST 1 .
short that made contracts only to violate them. All this
is nhmR rSu as sh,sa NJ ,,. for,.a him -
erbtsnt price properly Of The Northern indiana
~ as
Railroad Company alta precise 70 ne
81
Sasssia
s's n siss
shs rsa:on that
praetcsble day, and It vas impossible to transports
sas.lsn. Shsh forbid I'm N
take Which already Tolsds sss price
York y sn nm
understood freely talked over and chosrfny a,sented
the sixteen month: that have elapsed since The ransat
eye, Palm "a
and not by and At price barely suf
and
ation high, and designed usaryl
with ROAD have undertaken make sontracss for
reP sy ' ana dssssdS lsp
s With 80 or sGsE
in letter and in spirit entire sbrcaon contract
81 chs
April or any other stipulated time.
One nifcant fact Is worthy of special attention If the
charged to haze the q
s e: ;. ITO ss . cSs.
&c q s. hi os.
charge 'If Bs minded
ensn d carry
' Of b the h sS In ~ Dwight
q bonds that eompsny for eanesaen
s% Il Ii. That % no ar
BSnss had been sGs ysss then @
90 MI eontrsctsd make sat By returning that
S bonds t ss and Lis
performance q this contract no. wiling stand
ns'
Northern Indiana Company to corporation which was
and the 70 and approy
sse sS on re a %
In this matter acted from no dsposon to inure Mr. D
eupslaness dc .9lyed upon me sSo oOo =.
been sar,ed that the ch:sso and Mssispp Company
81
@ M 10 Ssa ys Il. its es
return sS.O above spoken the Company
time
deemed it that effort should be made to amend
he
corporate charters and coed becton it, and
effort made ensaft ii the charter OF the Chi
cago and Missss Company It, however great Of
to MI and his friends and was net perscyerod in
alter the 100000 of bonds had been returned.
The $500 COO fund tho terms It's subscription,
expressly devoted 10 the finishing of the read with spua
that should be applied that purpose, and for
other purpose Whatever This fund placed by the sub
scrbers tho hands the Directors Of the Chicago and
Mppi Company Trustees for the specific purpose Of
The sntscedent debts Of the eompsny or Of Mr. D. Soon
after became director, claim made the com
parry for 100000 to $50 900 for money which had
been borrowed in ST. Louis upon the paper Of Mr IN
the payment duties a pom taken lay
upon road This considered the Individual debt of
d. for building the road, and that IL
should be paid By him 1.-THE we're liable s draw
u should DO paid from this fund witch was for
tho paw me Mt AFTERWARDS learned that paid
the funds OF the company. and told that BY
tfeer the books Mr.. that by
another obesr the charge was countemanded fet that
ust funds In violation OF the agreement,
which the had been AdyAnced and