, 1866-02-13


be cas-. to forete the dre when e shall Be able to
effect shs return OF The ezpedittonasy army.
UNION DESPATCH COMPANY.
Reply Of +. 3. Hyatt, Esq., to the
PreAident or the Company.
From the Rockford Regista.l
: Our readers will remember our artiIe oflast
week referring to the Union Despatch Com.
pany, Of which We understand there are some
Two OF three hundred stockholders Of lfty
dollars each, In this county and vicinity. The
article was copied into the Chicago TRIBuS4
Of Tuesday, and in the succeeding issue Of
the Journal appeared the following:
[Ar.icIe from The Journal vhlch vas printed IN
last weeks TR1BuNE1
The President of the Union Despatch Com-
pany did not publish In the Journal our artl-
Gle 10 which the above pretends to be reply ;
II be had, the appropriateness Of his 1emar h
might hare been better Judged ofby the read-
ers of that paper.
We made no statements indo1sing or dis
crediting the extract from the Dixon Rtpu6lt
ean, but presented that for what 1t might be
deemed worth. But We stated that the inves-
LEGATIONS which We had made in the Office Of
the Despatch Company did not fully establish
our confidence In the management Of the Com
pany. We also stated that the information
we had received from Mr.. Stiles, that Henry
Fuller, Esq, Of Chicago, WAS a stakeholder
and director In the Company, vas sufficient
guaranty to Us Of the Company's charac-
ter and standing. Reposing IN that guar
the purpose Of more thoroughly tdentt-
Tying ourself with the farming community,
desiring to give nu possible aid to any good
enterprise designed to relieve producers from
burdens now suffered from the warehouse
system in Chicago, and from other agencies
t1afH In rvH kA n faFa
whereby the Rrice: Of produce Ia 9nduly de-
pressed" We thought 1t possible that
company such as Mr.. stiles represented the
Despatch Company to be, might be that
good enterprise" and we took stock In the
best OF faith, but Wo will confess with not the
We learned shortly after, we became appre-
hensiye that there was some improper man
agement on the part Of the company agents,
and during visit Mt Chicago, Wa called at
thee ompany's office, and also upon Henry
Fuller, Esq. In conversation with Mr. Full
was neither stockho1der nor a director In
the Union Despatch Company; that the
use Of his name as such was Wholly unauthor-
| lied. We naturally expressed some surprise
st this Information, when Mr.. Fuller said that
b. believed he had been told that one hundred
dollars'wort Of stock "had been voted him, y
but that he had neuer seen u. This statement
!
pany 8 records as shown In the shove card of
| The President. He says, 1--WE find upon the
! Stock ledger certificate No DB3, dated March
~, 1865, to Henry Fuller, for two shares ot
stock, 5100-" This was, doubt1ess, the stock
thMt had been " roted to Mr.. Fuller. Why
was 1t "yoted" to Mt. Fuller? Was It because
the managers Of the concern wanted to use
Afr. Fuller's name as a stool pigeon to trap
those Of the public, who otherwise might have
| no confidence In its management Was tt ndis
honest plan to build up false credit for COZ.
poratIon that had no intrinsic soundness In II.
self? Were these cunning manipulators o.
the Union Despatch Company conscious o
voted Mr.. Ful1er hundred dollars worth o.
stock and made him director in order that
the weight Of his name might compensate fol
| the woTthlessness Of their own. and that he
might serve IS mask whereby their own rot,
tenness and that Of the company might be
hidden from the public gazes What other
answers con be mRde to these questions than
m emphatic TEs!
This, however, is not the only instance OF
this sort. Mr. Joshua White, Of Og1e county,
WIS offered share Of stock II he would al
low his name 10 be used as member Of the
company. How many non-payfng stock
tatfon for the company It would puzzle any
bat the acting directors to say.
But who Il. entitled to the larger shara OF
credence, the managers OF the Despatch Com
pauy, or Mr. Fuller, whom they claim IS q
stockholder and director: NJ. Stiles and
holder and director, aud make the records
soy that lr. Fuller became stakeholder on
the Goth Of March, 1865, and director on
the 9lst Of Mnrch. 1856. But Mr.. Fuller in
formed the writer Of this that he was neither
astockholder nor director; aud that It may
not he sold that simply our assertion Is put
against theirs, we give place to the following
after our Interview with him, to which we
have referred:
CHICAGO, Jan. %, 1seg.
Mr. Hiatt: According to agreement, write to
ii The Despatch Co., and be represents eye.Jthine
etfuieht and right and Ii making up statement
OF saaits which 30 will send Jou. I saw nothing
ness, and be gives an account Of holding good
deal Of property and tays they are doing h5stfats;
bcp yoa eel e tne oof,em of bass as M M, Be-
able. ne q nos oaosesd 10 xss my fs's os holding
nay etoek tn TIE company, Or hasi'y any positsrs
1gGss atst Il, 1e,t@se i sood % 6usiasss TIVE" Wyl
Yours, truly, HksRr Fr11KR-
Is further comment necessary! Now what
becomes OF the validity Of u record which
makes man stakeholder, director, and a
chairman Of q meeting Of the directors, wien
that man denies all personal knowledge Of
Its affairs, forbids the use Of his name a. hold
ing any stock In the company, and d1sctalms
all positive knowledge Of Its affairs or tnteres.
In its management! The manipulators Of
this company are rotten In claiminS man to
he stockholder and director when he IL not,
or they are rotten when the most responsible
md Influential nun among them positively
denies the fact of his position aud relation to
the company. They are rotten any how,
take whichever horn Of the dilemma they
may. a positive lie can never be twisted
the account Of some Of the leading agents In
this Despatch Company. That Is a sufficient
reason why we, at least, can have no further
confidence IN them. The intelligent reader
will be likely to measure his own confidence
As Mr., Fuller says, the buslness of the
company would be good, Ii well and properly
managed. Theii management about Mr..
Fuller's dictatorship does not seem to be well
and proper. But let us lookat some Of their
other management. ....
SINCE our investigations Of the concern, a
great many stockholders and othars in this
vicinity have called upon us and made
/ some revelations OF their experience with
/ the company. The substance Of which Is,
that the agents Of the company have made
industrious efforts to turn Stockholders
notes into money, or property, by trying
ney upon them as collateral, aud trading
| them of for horses and other property ut
| ruinous rates, and then selling the horses In
Chicago at auction for what they can get. In
this way We believe that the losses to stock
holders have been immense. The trading oil
| at sacrifice, Is nbout Us effective way to
equandcr the stock Al could be we'll deyfsed.
To what extent this has been done, none
except the agents know, but that it has been
pretty extensively done In this pa1t Of the
country the testimony Of several gen.
tlemen forces us to believe. We have not
Furthermore, while in Chicago, l1r. Brig
ham informed us that there WIS q Judgment
against the company, which had existed for
some time, but that one Of the directors had
bought It up and paid for 1t in new notes OF
! stockholders. We do not remember the
amount Of the Judgment, b9t t was several
to stock In this county supposed that they
were thereby becoming partners In old debts
aguinst the company? Is this evidence thai
the company's business Is well and properly
managed?
The insinuatton In the latter part OF Mr.
Brig hams card, that we have 'sgot sight o
some private interest from source which L
not SO friendly to the producers as It NIGH
be-" Is simply ridiculous, and we will wast,
no Words upon It. But We are thorough!
convinced Of the utter worth1essness Of TIL
Onion Despatch Company rs profitable
plnce Of Investment for produccrs- We d.
not believe that under such management q
seems thus far to have characterized it, an,
body will realize any 1natertal advantage from
its stock except the agents aud officers, WHIT
hare the lingering Of the stockholdcrs' note,
and funds,
Great Match Dog-FIght near Detroit
"LivelJ sport'' for Two Hundred
Spectators.
From the Detroit Tribune, 1Oth.1
Yesterday disgusting and brutal affair,
genuine dog aght-occurred near this city
which was attended BY upwards Of 200 per
sons, great number Of whom were bruise1