New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-09
THE UNION PACIFIC RAILROAD SPINDLE
coNrryUATIoY OF THE EXAMINATION.

CONTINUATION OF THE EXAMINATION.
Yesterday at the Tombs, before Justice
Bowling the examination in the case Of the parties who
arc alleged to have swinded the Union Pacific Railroad
Comnany y the sale Of si25O0 worth OF bonds given by
the company colatera! security was cohnue'i ho
Mr. Charles Tnth testified that he had had some sgt
preyIous acquaintance with Lyon; when ne QLyonl
talked about the loan he referred him to OF the d.
rectors, Mr.. Bushnel would not nave taken te loan
bur for the reference Bushnell Some other evidence
was given by the witness but IL was merely repetition
Of what has been given heretofore -, A..
Frederick A. Gooda' one OF so ,S
ined at length his testimony merely repetition
of portion of that heretofore given by him. Couhsel
for the defense moved TO dismiss the complaint, but,
while arguing his motion, new witness arrived ana inc
magistrate requested me 10 Sn S This
was done. Duncan +. Jet testified; am cashier io
depos the money belonged TO Warehouse, Pearl Co,
and was deposited In the Fourth National Bank doh I
after being deposited neither Wolf nor Lyon had any
checks drawn our house, draw the checks Tor Wate
house Pearl Co.: drew check for s95s5 ~ LOT ths
certificate OF deposit and another for A4l1 II, and an
other for 5000 knew that the check for the astnamed
amount returned 10 days afterwards III was
paid at the Fourth National Bank; | can produce the
check; Mr. Thomas OF The nrm OF I. ). Ih9mas * 6o
purchas 1900 Union Pacific bonds and he could get
them for cents, and IL would advance the money
me az the back office and asked II thought be could
raise sOOOOO i26OOO Union Pacific bonds remarked
succeeded in NEGOTIATING with Mr. Eaton for 100000;
came back and told Mr. Pearl whereupOn he agreed to
l.
brought Mr. Wolf and think Mr.. Lynn he introduced
me Mr.. Wolf the man to whom the bonds belonged;
the man that was 10 pay the money 10 ana re-
ceivc the bonds I'm order TO delay suggested That
Mr.. Wolf deliver the bonds there Mr.. Thomas then
gave me a memorandum OF how he wanted the checks
drawn; In accordance with that memorandum got the
certificate OF deposit payable TO the order OF Simon
Wolf the $955s9 giving Waterhou3e, Pearl Co..
check for same Ninth National Bank also check for
Sil H. payable to l.. j. Thomas Son. and also one Tor
5000, payable 10 the same ORDER that Completed the
pyment OF the 10000 bonds at 90 cents the only per
sons To Warehouse, Pearl Co. IN this transac-
ton were Z. j. Thomas Son.
To the DlstrctAtOney- saw these bonds but dd not
take the numbers; II receiving bonds aud deliver
ing them again quickly don't generally take the num-
bers The numbers should be taken.
Justice Dowling-Suppose was robbed OF bonds gong
home, how was 10 find out abont them II the numbers
not taken IN the house where bought them
Witness-i don't know, Sir the numbers should be
taken, but don't always have time TO do IT,
Examination contnued-The bonds sold to Cisco
Co and others at % cents did not know that the Pa
clhc Railroad Company held the bonds collateral
security Warehouse Pearl Co. loaned the bonds to
ThOmas * CO.. understanding that they had "a right to
dispose OF the bonds at any time To reimburse them
selves.
Crossexamined by Mr.. Lapaugh-Tho loan was made
On tho day OF the certificate of deposit IL under
liberty sell the bonds any time 10 reimburse them
that IL the usual way for all call loans after received
the bonds them % Thomas Eskn CO.; our house
paid on the Sd and Hh OF January, changing the col
Waterhouso Pearl Co. In the usual way the certcate
Of deposit from its appearance must have been
paid to the Union Pacific Company; have been en-
gagged In the banking business about i've six years,
aud In New York since July. isC5
Justice Dowling-l desire that the checks be produced
here tomorrow morning.
The then adjourned until o'clock this morn
Ing. the prisoners being remanded To the Tombs.