The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-11-22
The National Express Company sold
t.-.--- Ont M AuatHnr


The Wheeling Office OF this concern
was closed some time ago by its cred
itors, and yesterday the assets of the
Office were sold by the sheriff at public
outcry. The result made a poor show
ing, as was to have been expected, and
but very little consolation was derived
by those who were creditors TO any
considerable extent. There was no es-
pecial failure at this end OF the COM
Pany's line, more than elsewhere. In
fact, we suppose that the Wheeling
office was one of the few openings that
really paid something to the concern.
Somehow, we know not why, exactly,
the National Express Company never
got into good odOr among US. 1t was
looked upon from the start as a South
ern mushroom experiment, and 1T
never wore healthy look to the BUSH
ness people. Undoubtedly there was
an opening for Its operations here, for
every one will tell you that nothing is
needed in our midst worse than a
rival express company. The Adams
Harnden affair has had more than IL
could well do much of the time, at un-
popular rates, and the public would be
glad at any time to divide the patron
nge with q competitor. It is more than
probable that the Merchants Express
Company Will soon be along this way
70 open an Office.
A Stakeholder in the National Com
Pany, we notice, complains in very
Z harsh terms to the Georgia Constitutions
GList of the management of the COM
pany. He undertakes to show up the
concern as having been badly tleeced
by the managers to the tune of about
half million. He says that
1.-THE report of the committee Is spread out
for the inspection and examination Of the
stock holders and, as a stochholder, viii
It appears that there has been paid
And has been pended for wagons '' ~
notSSi @3osi2O 81
This would leave a balance of,...,..,S 500 81 10
IAN honest administration Of the funds Of
the company at least would show that such
was the balance. How stands the account MS
on hand, the company have property
nOuntihs ~
For which they 27SIOOO %
Making a balance over amount of
or hi SSyn words isv oc SIS o ~
than they have bills of purchase 10 show.
That Is, they have nude way with the whole
81 caPt AZ Paid in q sS55 s and
which they have nothing TO show, and don't
pretend TO account for. Now, the question
LIZ what haA been done with this money!"
But he says, this is not the worst of
the "report." It seems not dollar OF
the amount paid in was expended for
"wagons, horses, harness, books, sta
tiOnery, snGes, and other fixtures 5" all
these things were purchased on credit,
and are still owing for. He appeals to
the "Gentleman treasurer to know
what has become of all the half mil
lion of money. But his dlstresses are
not ended here, for there is ga further
requisition of ten per cent" to be paid
in. He says: "You placeit plainly be-
fore US that the company is i1lsoIvcnt,
bankrupt, dead brokc-and you call
upon us (who have already the strong
est evidence OF being swindled out of
$572, 627 90, of which not nm item of loss
is shown-to which add the large
amounts earned, as was boasted few
months since, not dollar of which is
named or accounted for) to make fur
Their payments into your hands of
$6O7,295, or threaten "the surest and
promptest process of the law" for de-
linquency.
The "chivalry" in the express BUSH
ness have furnished the rarest joke of
the time-for all those who did not lack
confidence in them. The question with
the unhappy stakeholder" and every
body else, is, what became of the odd
half million2