The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-13

rAe--an operation carried eicisn,iy but quietly
70 alarm the crowd, who bslisv In the infaiii
bniy II Central stock INT. aasncai movement fol-
loved by rapid and declips the STICK g,nx
down shout ~ far below par II hsa been above. A
vide spread dssad faction the esssssry it, The
fruits OF console alton bitter enough IN ali bat the
few who piucksd them in ,cs.on; ye, there hsia
snd patience strongly recommended by d fsctors
who had fully Msthsred their osn nests Mvasnts
wire emitted and immense repairs c,nsumsd recs,p.s.
Inc next developement consisted ths peiics seton
Of the New York Central Beard a. nirsitioa. H,vas
carried consolidation throug, the Lsg-sssare by
puious tsmpcriDg with representatives. tho Bard felt
that Was "a in III. state" Its ieaiing mem
eers arc asro leading roitcsns Il had Tia n.~spsrsr
organs at Albany and II begao 1, .orfsc eYss
lively Ia popular elections. Just pred 10 ths lac
November election 1me II the chi oaoees IL tha Cen.
sl RAILROAD pss's along the lin. AND i.u,d insruo.
tions u leading employees in regard the ting Of the
thousands OF persons In the e,mpapys service Indeed
II Is notorious that the finger Of this sas, 40, y may
be traced In every page Of state poacs These
important charges which will hardly b. d-uiei. Witch
cannot be disproy-d. and which RAPIDLY producing
their elect la the public mind.
Our st,eni ha. been oi 70 ths all Irs Of tho
New York Central by pamphi-t report jis, issued In
Boston, ard bearing the blowing It'll, via -
Report II ooo.mte~ app tn'ed January 4, 1855, by
the request of The stockh des jth, ikng certain
rxpans,t rs 10 BE- made OF thu saa ddns, o. thu
directors and treasurer Jsoquent t. the bnspiA
ticn.
The report with letters tables &C.. sppen.sd mskss
fory-scven psges. The committee isi-t Of william
swift ~ Boston, g. Stebbns Of Csz-n via, ami Jo.
seph Bs,,clle Of his city. Although appointed nearly
year ag, their report made 10 appe Only few
days since II 10 10 presented to the yesriy mce''ng
Of stockholders In Albany this scek ana has print
ed In advance.
The mmttee commence ny svo~ing th"m ,elvv'
s'gT,atJy relieved TO find that another CON mites
(Mcssrs. wnisorth, Pnise AMI Hooksr) o.d been ap
pointed, the Goth q July 1884, I, sx.miae the
counts Of tho treasurer. Tint las. named smni,ss
ported our rcsder. know, sbHut noath az, - ,hs
ELECT tia, he respectable Individual ~ha ala, tho
relation Of treasurer 20 the Ns- York Central
Company had neither b'undce Ia al. ping
stolen money com al Ted any other Outrageous act
50 far "a the committee s,uh o.c,vsr A. Il required
sixteen months to reach AMI publish this -rsut We h *
great RELIEF must have been experienced al rouaa
Leaving the treasurer In thu hand, Of tue ws~ortb
Committee Mr. swtfts Committee confined SIS attention
TO the otter branch o. tho suhje, viz the ao,s aud
doings Of the 81 sctors," and IN 40 ding they In.
form The public that "various lcgs ions, caicn.
lated to mpcste certain officers Of the COMPANY" have
been brought TO their notice ich tho Committee spe
city M follows
First. That very large purchase. made by to
agents Of the compsny 81 an,Is house Ia Afpsay
Of which the Psrdent Of the company ~ The principal
corarD.r and that hs ne. In question has paii
large commissions for purchasing iron rail- uf.s As
for ~ q ro,d.
Second. That land Tor freight house A.. ~ BnIsl,
has Teen st sxDhitant pric. Of tha Vice
Pre.ieent Of the cnpany and Others addressed with HIN
In HE Iiopoity.
Third That the General supe n,endeat IL an oxrer
copsrner IN The schcDecady ,cpmottre WORKS and
sHtuch participates In the profits ~ The establishment
that he the engines OF toe comp Ia be m.is
repaired there.
fonrth Tuat there has been m injiaisson. erpsnH
ture - the money BY the director. Ia ths purch.e 81
Steamboats, Lake Eis thereby causing great Losses u
the company
fifh That there hsvr boon irrrealAr proceedings IN
relation 10 the purchase snd ssl. ~ railroad stock be
tween Buffalo and tsie by some ~ H. aiFer,a-s
sixth Thai In The Lease II the BnIaIo and Niagara
fn'is ard feai,'on Railroad ,ef~ has b.en iasaa,csn,
rsg.rd had to tire ist@rests u the New YORK C.nteAi
road
seventh. That particular Mid of wh-e paen'. I'D
snS manufactured by George H Thatcher {. ~iana
Fphth That tie President ~ 10. company ftrpshes
the iron Ia Mr.. Thatcher Tor bis ~teei aud that tho
General super pts ncent Is Ia tnr pst.n
In " y maniac IRE Of yaii ~he~s
Ninth. Ihs' lard On ne plan for outer station
| West Albany 20 csedha- been purchased at an enor.
bitsut rate d, he directors.
These chargs, though by unimport.n, do not
New Yosk Central. We aba motto. only one or too o.
them to-day.
In 'egrd 70 the fret allegation the committee say that
since Aug. J. 1853 and previous I, July 1885 (l..
h,n two yaars) the company purcha.sd - IL PRECEDENT,
y. Corning 10 tse million q dollars and
upwardE a. foif VS.