Herald of the times. [volume] (Newport, R.I.) 1849-1856, 1855-12-13

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81 Io.Lwood a. 20 ,h;s collateral we
,l,.;,. ,she, and annie collateral in their
b.,ds ,be.e five cer,i6c.tes were issued
!, tho ,l..e ot ,bos. held nv the Traders
Rank which We su,nosed thev would
surrender A.: bv a new method of transacling
RANKING bu,iness the patcnt RIGHT Of which
tho 1,,.de,. R,nk oosse.. tho D,,ec,ors
onlv a portion of them bSng present, re-
fused To surrender lh, collaterals to Us, but
gave them TO Bull, who had no right to
them the five certificates were taken 10
the Bank by our partner, and by him re-
turned to US they were not out Of our
possession more than Is minutes. Bull
says that these certificates have been de.
tected, returned and cancelled" This is all
CANNON, and is polnpously uttered for the
purpose Of having an influence and to al
tempt to Justify his conduct with parties
abroad who own stock in the company, and
who do not understand the game that he is
playing. His charge is wanton fab-ica-
ton which his guilty heart has conceived,
and with which he hopes TO conceal many
of his sins and disho norable transactions in
this matter. lie concludes lhus,-"lhe
Directors now icel assured that there is no
outstanding over issue Of the stock" Not
one Of these men ever believed that there..was
an over issue, and above all, Bull knew that
there was not, for he had carefully examin-
ed the books up to almost the last da, be-
fore the election, and we had given him
list of all the stock, and in whose names il
stood on the books. He made the charge
NJ nm ove, issue for The nuroo.e of alarming
people. and to assis, in ACCOMPLISHING his
nctarious object: il was the old crv Of
:maI doc.n made to divert the attention of
tho nublic from tho real culor;, and ,o fx
il unon an innocent man.
When w. surrendered the Secretarv's
hooks we reoue.,ed q, ,bess men inasmncb
A thew had CHARGED us with over ISSUING
stock. to examine the books with care i'm
mediately, and report the result to tie pub.
lie +. at three different times afterwards we
made a similar request of Silas n. Cot.
trell. and claimed that il was but in stice TO
ourselves that il should be done. We de.
livered up the books, &C., of the Secretary
ON the l2,h dav of Februa.v last. and not-
wi,hstanding the grave charge which these
men had made, and our repeated request to
have the matter INVESTIGATED. neither the
public nr ourselves have heard anv,bnu
from them until the first dav Of d .cember.
almost ten months having elansed d-wben
a ,ho,ou,,b sr.m;,.,;o, .o,,d have heo,
made q, ,nv ,ims in ono bour and now
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