The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-12
GREAT RAILROAD FRAUD.

pose or the Alleged svindling Operations OF
ssmc u the Chicago, Alton and 81. Louis
Railroad Directors - The Stockholders
FIeeced, &C., DC.
We suspected that the late financial revusion would
bring 70 light frauds Of magnitude rarely heard Of In this
country, and only equaled by those IN which criminal
prosecutions promptly followed the evil doors in England
In The revuson Of 1887 frauds 70 the amount Of some
three hundred millions discovered and should
not wonder indictments and prosecutions were TO be in
stituied in this country for some years 70 come.
most astounding of fraud in the management Of rail-
road about to occupy sne attention Of the courts
me most eminent lawyers retained, and involves
several millions Of dollars out Of which the stockholders
and Ieditors generally of 1.-THE Chicago, Alton and St.
Louis rairoad" well sundry banks in Connecticut
and New York merchants have been swnded and Is the
parties implicated occupy prominent positions In the COM
meYc,al world, il will prove most exciting case
On the 22d Of April Charles Gould, Esq, Of Madison
square, attended by his COUNSEL A. Oakley Hail. appeared
before Judge Russell to make criminal complaint against
Henry Dwight, banker and broker Of Wall street, upon
which complaint subsantated by the aHdavts of Mr..
Gould and those Of Samuel Batchford seabury Brews-
ter and Stewart Brown, Of the firm Of Brown, Brothers
Co. for the arrest Of MIR Dwight issued
by Judge Russell, and warrant also for Mr.. ienry
Hotchk iss formerly President Of the New Haven County
Bank and Mr. Hamilton Spencer formerly Vice President
Of the Chicago Alton and st. Louis Railroad Co. The fol-
lowing contains the substance OF the warrants:-
t. s, %
wSereas sppesfs from The production Of certain copy
ss S
chap Of The Revised st.sqsss that srimnsi
Of STATE 9f New Yoit and The pssss ana dsai,y
S the cns h CD s ssd A
sss said Henry Dwight wfuiy coTIup'y falsely and
feonously swore certain action depending In the SUI
preme Court wherein Wn'ism Brown and others were
he hs 70. % time f. s day the
he M Ing ns nS
ducsd Mr. Hamilton Spencer Illinois become the nomi
That 10 Ibis end the said psnts offered to m nisS money
and all Of interest then due on the said road
isoSO 6st end pOsss..Eg iSsmssiys: q :d road
& h.n s hs aA o Ss ss Sa
essed Mr. Spencer reality 70 the plaintiffs who
eek @ he
s ser the SAD COMPANY % o ns y S
said aeeaioDs ard The said seabury Brewster by his OATH
Ssrspes with bis said sworn ssssons SAMUEL NJ
sa no
81 s S and ID 30 @ in ns me
raid sherG Deputy sheriff constable Metropolitan police
Ss body Of ss said
into your GSsa and ssS y s aim SsSTs %s the under
~ Ssst WI scco,apg ~ law anu county u NC"
unssr I hand 'nS SEN & ' ,n sss day
A. D. R0sskLi, City Judge.
The second warrant on charge Of perjury sets forth
HENRY Dwight wfaIy' fslonionsy ard cor,upy falsely
:SoTs IN .SSn pS in the cO.
he
an s Sns % ons So%sn
esh: y three and since h he. been The
iouis Railroad Company exceeding majority Of all the
Z nj: md y Sf
before June 1884 his latter date the said
Berry had parted with and soid the greatest portion
Of his said stock; s ., ,..r,,,.,, ,.. :, am
ns sets sor,haIhss hs re,ofore The ssid Henry Dwight
sS az ia cn.r,a. S,an,d ~ .,sn he mana K -
sen Wv, W 20" 49,. ~, 49, IA on S, ~
s. ,. sh s.rss ,h., sncb rs,,asensssions sa,e
,"y , a eSj.ns,y sscronsiv yrsd. 10 ,,e "a
,sse, ana ifsuoaenuy, ,eonousy msae oy ue ia ~,
.s,n,.ent
ne wsyrapt for pxisbts arrest on charge Of 70 lssu
ms cancelled honss sess 10th =
As go -. -, x.....,
,ranSsrS ssmys ava csncey,ss BONDS bson.;ns 70
or salusss sopds he bc said Henry Dwsh Seas al he
time sd opcer In the said railroad company ssd that there
s n ne se 70 Vr n ~ ~. o ne
IAnou-nt ~ i =. 49, ~ nc s.oo
ANN q isss 'oPo'" ~ '' ~ ' f
The warrant on the charge Of se,s forth
"rhat the said Henry Dwight bad heretofore whilst
ny ,,sniv ma sso,onslv smhcy,isd and oonver,cd
"a hs own use divers income bonds belonging 70 The said
company nh, u.,.,,,. -,
spencer ON The charge Of oopsprne 10 defaud The crod
tors Of ,he company, sets forth
Tt, or an. .,r, d., A, a, A,gr., N rs,x ,hsx ,hs
,sd Henry pwiah Hsmion spencer ana Henry Hohiiss
wlfuy and msiiciousy became privy 70 and put in
certain assgpmen' ~ OF lease OF the Chicago Alton
and - Louis hsnrosd sna o. s In snas
ana 10 aoaon sna p, ,.b - 10y ~ .chs
ss s.Ip now bsfo me And sppsarinr by The oaths OF
the sad Charles Gould sesbury Brewster Bisch
ford and stewart brown the hastily ana
nneuy made and erected with The n,sps o. hnS
ac., &c.
Upon these warrants MI Henry Dwight ws Arrested
YESTERDAY ana brought before " tne eouIt
on sessions sno oy me guoe. o,oer CUSTODY
until TO morrow, when ne VIII DC drought up LOT efamnA
Ton .o,-,, -, a., 49, .,,. -
Inc hiesseons ~ me sos.n " m'. sas',1 ,ouu -
sne~ 'ns' " 'une ,oSv' a,s.a - a.. =, r,,ro,
70 on wnen one benJsmin So,Irey .. Apn' nnbols,
was memoer conususq W ouu po IN !" 1e IN
csgo, Anon snu " LOUIE nsrosn, i!o n'on " opIlns
held but the urn becoming unaoe 70 iun tneir oonact
goo'rey became tneI sssnee ana uheeros W. oo" S