The New York herald., 1869-04-03

IOukb W MI HAM, Win his name Oh ~, uo uOt fc
member any thing more OF value; i may have some
thing OF value in my private drawer;
g Tne bonds you speak Of ss belonging TON 70 me 2
company, what bonds are they and TO what amount Y
A. am unable to say to what amount; think fron
ten to twenty first mortgage bonds. OF $1,000 each
OF the Union Pacific Railroad Company; am not
Q. What amount OF property has the Credit Mobi-
ner OF America received at any time OF the Union
me to tell what amount; cannot answer that ques-
ton without referring to the books.
z. Are you not able TO say whether IL Is nunureus
OF thousands or mlllions9 A. Yes, am able to say
that.
Q. Will you then please to state A. Millions.
O. Can you tell within $5,0J000O how many MIL
lions there weref A. don't think can.
@ Can you tell within $lo, 900 the amount they
receiyedP A. think can.
z. Please do sof A. Ten millions.
q Then was the amount received between
$40, 900 600 and $2o,O0o,0ooS A. don't know
q. In what form was 1t recelved-mOney, bonds or
some other forms A. In money.
Q: Was IT received directly from the Union Pacinc
Railroad Company or through the medium OF third
Q. BY what officer Of the Union Pacific Railroad
Company was II paid over2 A. The Treasurer
myself.
Q: How lately has any such payment been made ?
A. / am unable 10 say.
Q. Can you tell within month"; A. cannot.
Q. When payments were made were they made by
checks? A. They were.
Q. on what bankP A. Fourth National mostly.
q. How lately have you drawn check on the
Fourth National Bank as Treasurer OF the Union
Pacific Railroad Companyf A. don't know.
q. Tell as near as you can A. Ten days since.
z. For what cause were the payments made-for
account of construction Of the whole road or part
Q. What part9 A. On portion OF the first 247
miles; tnat s my impression.
z. Were the proceeds or all that the Union
Pacific Railroad Company received from the gov
ernment OF the United States for the construc-
ton OF that part OF the road turned over TO
the Credit Mobiller OF America; and II not all,
then what portion? [Objected toas implying, first
that the company did receive something from the
nj Sfafa nnCfrn nnttn tnns tn
the thing so received had been converted into
money; third-implies that the witness had know-
edge on these subjects which fact does not appear
and he is not at liberty to.make conjecturesl The
referee sustained the objection.
Q. Has the Union Pacific Railroad Company re-
ceived anything from the government OF the United
states for the construction OF its road and If So in
what form, how much and when receivedY A. 1t
bonds Of the United States at the rate Of $4,000 per
mile for portion, $32 600 Tor portion ana $4S, 600
for portions received on the report OF the govern
ment commissioners that the road is completed.
@. Has It not received grants OF landf A. do
not know that 1t has,
Railroad Company received nothing from the gov
ernment OF the United States but bonds? A. Not TO
my knowledge.
Q. Has the company ever issued any bonds called
land grant bonds A. Before answer that question
wish to know what you mean by issuing
q. According to your understanding nave they
issued anyY A. No, sir.
O. Have they executed anyG A. Yes.
q. How many and to what amountf A. Five thou
sand of $1,000 each.
O. What has become OF them? A. They have
been used as collateral.
o. Collateral for whatY A. Borrowed money.
O. When the loans were obtained were the oolat-
erals delivered 10 the lendersp A. In most cases.
O. In what cases were they not so deveredY A.
suppose they were actually delivered, but In some
cases they were left in my custody in the safe with
the owners name left on them in the safe.
O. How many OF them are now In your hands and
for whom9 A. One parcel belonging TO Mr.. McComb,
one which stated before was held as collateral for
loan and am not certain In regard TO any others
M hay va nnfI me ned nj these
A do not know 1t.
q. DO you not know the amount OF the coaterals
left Ia your hands for thi-d persons A. can give
you my impression, If you please; think Mr. Nc
Combs parcel has lo in; my Impression is that the
other has eighty three.
O. Give the name Of the other lender' A. Mr..
Lambard.
Q. Are these loans made 70 the Pacific Railroad
livered TO the lendersS A. They are.
Q. What the amount lent on these two par
GELS to the best OF your recollecton9 A. In the one
case 500, 900 ana the other $4,000.
z. Are there any bonds OF Mr. Bushnells In the
safer A. There was loan made by Mr.. Bushnell
for q bank In Connecticut the note and bonds were
prepared but not sent the money had been received
the safe was locked up before the parcel sent;
the note may have gone by mail, but the bonds had
not been sent.
O. State the amount Of that loan and the colater-
ais for itf A. The note wasa 500 600 and the colat-
O. Were the rest or the 5000 600 land grant bonds
or any portion OF them issued to parties In this
State, and II 3d. in what amounts and TO whom ?
A. don't understand that any OF these bonds nave
been issued.
Q. Have they been delivered to persons in this
Q. How many and to whomP A. ! can't tell how
many; some TO Lanbard, some to McDon; think
TO Mr.. Opdyke, Mr.. Mccormick. think Mr.. Cisco.
q. How many first mortgage bonds have been
issued by the company and to what amount2 A. MY
impression is 2S, 900 OF 81. 600 each.
q. What has become OF the bonds received from
the United States and the first mortgage Dondsi A.
The bonds OF the United states have been Sold all
nearly all; think somewhere between is, 600 and
900 OF the nrSt mortgage bonds.
What has become OF the proceeds2 A. They have
been paid for construction and expenses
q. TO wnom paidi A. Contractors
q, Name them. A. The first contract was the
Hoxie contract; there have been three contracts
the HoXie contract, the Boomer contract and the
Oakes AInes contract.
q. Who is BoonerS A. He is the contractor.
q. Do You know whether he contracted on this
end or the other end OF the liner A. think Oh this
side OF the 2i7th mile.
q. Was any portion OF this money paid to oakes
AmesI A. There was.
q. How much think about 1000.
q. How much OF the rood did he construct and
equipS A. | don't know that he constructed and
equipped any portion Of the road.
2. Was lie not the contractor for large portion
A. lie was.
, q. Did he not fulfil the contractf A. l believe the
contract was iulnlled.
Q. By whom9 A. BY his asslgnecs.
Name them.
OBJECTED TO. on the. ground that 1t calls for the
contents OF a written paper.
question by Mr.. rracy-was the assignment in
writing or notY A. IL was.
q. When did you last ltg A. have not seen it
for year and half.
o. Where did you last see 1t. A. In the safe
q. Who carried out the Oakes Ames contractp A.
| do not know how To answer that question.
q. DO you know that II was carried out at ali2 A.
| do not know how to answer that question.
q. Did you pay any money for carrying II out9 A.
did.
q. 70 whom? A. Paid drafts from Mr. Kennedy.
q. Who IL Mr.. KennedyS A. Cashier.
q. Cashier when ana for whom A. Cashier for
the contractors OF construction at the end Of the
road oftice changing as the work advanced.
Y. Was he the cashier for any person or persons
A. lie was cashier for the contractors.
q. For whom name him. A. In the first place
for the oxie contract and afterwards for the Ames
contract. :.
q. Was he cashier for the contract OF the con-
tractorsS A. The contractors.
q. Name them. A. The first was the Hoxie con-
tract the Boomer contract, the Oakes Ames contract
and the DAVIS contract.
o. How much money have you paid on the
Ames contract. A. don't know.
q. Can you give the amount approximately A. |
cannot tell without looking at the books how much
has been paid.