The star of the north. [volume] (Bloomsburg, Pa.) 1849-1866, 1856-12-03

80 M#--<@..<
-.
III. f.,.., No,h.,n a.;lS.v company
have been dsfrsuded Of 40 immenss amount
Of money ia consequence Of the dishousssy
Of one Of i,s principal officers. Up 10 iais
hour on Thursday night Il had bssn proved
thai his ielalca,ions amounted 70 fi5o 600
The report is that ESQ 600 viii moi oovsl
the amount.
Ieo,o,a r,saoa,b. vas. until 4 foe day,
since. The registrar Of shares and srsnsfsrel
Of stock il he Great Nonheru Railway Com.
panv. Al,houah h;s sa,arv was NOT very ex.
,en.;ve. amounting 10 something be,wesr
f2so .nd fsoo = vser. he lived q q Iuxuri.
a. ,.svle n : fssbton.bis houss, had iis
s,.,l e ,hs opess. ~ 1 jtstitse Of lhs sisea.
tres, governor Of ckrst's Hospital and ol
he Roysl 81. Ann's Socisty, and subscri.
Der aud director Of several Of the most prom.
inent metropolitan charitsble inssiinsions.--
Operating under the prestige which ihess
various occupations afforded, he aversed all
suspicion, and was thus enabled 10 perpe'
,rsse the enormous frauds which win heresf
ter require strict Investigations.
As pr;nc;oal registrar Of stock Mr.. Red
,.,b had ~ coa,se ,he en,;,a cou,rol Of ina
a.n.,.u,sn, of ,aa cor,nsov,s bus,uess. Thu
;.,es,;oa,;on az ,hs bookr. since his slisap
,.a,.nca--.fo, no lsfi ,he off,ce in 4 some
,.ha, h..., r..rn., on Tu..,,sv Las, and ha,
M, .,oca been bes,d of---has shown that III,
i,,ud. h,va be.n perps,,a,ed IN the follow
;,g u.nr.,. When Mr. Redns,h who wa,
the prircipal Registrar, had 70 issue fioo O
stock. n appears that hs added q sson 70 tbs
amount. Thus making !, fio0o in the com.
psuv's books. This operation was not con.
fined 10 fiO0. but extended 70 stock Of f2O0
ssoo. and CISCO, so that out Of every fi0C
stock transferred he gained fsoo. The d.
rec,ors appear no, 10 have made any exami
nation inio the accounts, probably because
,hey never had any suspicion Of their Off
Ger !: aud !, has been 10 them mystery fo
some years pas, that they were called upon
10 psy dividends upon al5,ooo or eco, ,o0C
mose than, according 10 their audited ac.
counts. ,bey were liable for. Perhaps Il il
scsrcely right to say that the directors were
negligent Of their duties, inasmuch az, two
or three weeks since, they established dis
tine, department, for the purpose Of securing
a strict investigation Of the company's nc
counts. The officials OF this new depart
mont mel on Monday last, aad on Tuesday
morning they reassembled for ihs purpose o
entering upon their duties.
Soon after they met, MIR. Redpath entered
their room, and said 10 the chief clerk
"Wba, are sou going to dot" The chic
clerk replied, "To 20 through ell the ac
counts. from the commencement Of the Com
psny.n Mr.. Redpa,h said, ~This is per
iec,ly useless proceeding sou will find al
the accounts rich, in the gross, and il is o
no use entering into detsils.n The chic
clerk said, "We are bound TO 60 into
the whole Of the accounts, AZ the direction
have given Us explicit directions TO do 80
and We wish to begin With the nufherica
regis,ef." Mr.. Redpash took up ose Of The
books, and then threw il down again, say.
ing, swell, If that is your intention, l viii
have nothing to do with H." He then said
to one ofihe officers, 81 am going out for
fsw mineiss,p He went bu, he never rs'
turned.
Previous, however, 10 his departure, he