New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-17
THE COURTS.
THE BLISS-HAwKINS STOCK ACTION.
CONTINUATION OF THE TRIAL.

The trial of the case OF Kush Z. HaWklns
ac George Bliss was resumed yesterday IN the Superior
Court Trial Term before Mr.. Justice Mcneil hr cam
bloss Mr. Hawknss broker, testified that Mr. Bliss came
TO him with the order previously mentioned Witness
said he would not the order as was then WIFI
ten ; he didn't know what the ID HAWKINS meant Wy
buying such a worthless stock The order was returheu
him about fifteen minutes later c9rreceo tbon vas
ner then executed the order Mr.. VIM H. Antnou "sAo
called out Of the order OF testimony ana nst Mr.
Lloyd for the enforcement OF contract Tor tne deea
of some of this stock by the latter Inc eoh'ia0' anu
the complaint were put in evidence ~. roror,o az
on cross Examination testified that Mr. Jerome az
that time OF the largest operators, anu .n
fuence was such that when it known ne had taken
hold of stock il had most favorable effect on IT, aIer
this first contract there were negotiations LOT inc ~
and under the pressure the suit Lloyd made second
Contract in general features the same but different III
amount Mr. Jerome had under the new oon'r honght
option for large amount OF the stock witness pouE'
some Of the stock himself with his clients kho"leusc
about that time. -, ,,,.. ,,aor
Redrect-He did not know when the deliveries under
the oral contract were commenced MT jerome uiu
claim in the negotiations that he had sod inc stcGk m
advance of its delivery He came IN contact WIN MI
Bliss In those negotiations the latter acting % counSe
iO Re ecS Bac6fOrd Seward and GrswOd
were Loyds attorneys. .,o,.- A., ala .
Mr. Camboss recalled, and testified 70 the sac
year later the stock and the amount OF inc ose nAi
Hawkins bought at the highest price reached. ,, q,
On crossexaminauon he stated STOCKS zen genersS him
in the same way as when IL came to him second ulei
he did not think Col Hawkins's previous TRANSACTIONS
had reached a million In amount. ,.,
Gen. Egbert ). Viele testified TO making an examination
Of the coal property in 1888 at h ssUSr S
Mr. Bliss was employed by other parties 10 maxi al Than
its coal property witness subsequently became %
of the Company; he knew OF report issued Oy tue
that time the Company was under bad con-
tract, which left too small pront on Ollie Inc
got the docks at Elizabeth obected toll the Company
was not then in condition to pay dividends Mr. Bliss
COMPANY that he (wnessJ had; Mr. Lloyd the prin
cpal owner Of the stock ne ana r Bliss w Sa oral
contract with Mr. Jerome witness and Mr. Bliss went TO
Dir. Jerome to reopen and complete the arrangene1s
hindered the stock from having market value Lloy1
constantly Offering persons s
mines good mines. but he did not recommend MS ehu
to enter Il under the 1ae Rarosd co
pany owned all the railroad facilities IN that
ar its own rate he thought under of Pennsyl
vana. they had the night TO run their own cars uT
vestlnent. and did not recommend 1t TO any FRIENDS
Crossexamined-If the contract with tne nf
made for the carrying Of the COAL he Thought IL Wouu
have been good investment ne knT" tnt bs neyer
| bought any stock OF the Company some friends haa
stock in which he had an interest DIT Baey Myers
he thought the enterprise worthless or swndie
honest he knew Of no act his part the part
OF the officers OF the Company or OF MT bliss tna MADE
by Ar Lloyd from facts furnished by him, and he be-
| lieyed 1t to be 10 all essentials correct.
SohNDAS0o'
The plaintiff rested and the defendant moved to dis
miss the complaint and the Court denied the motion
Mr.. Cram then opened the cause for the defendant
himself lie testified that his acquaintance with plain
tiff In 1856 1857 In 1854 they were thrown
together on the subcommittee OF Arms and Trophies;
one or both were at the Sanitary Fair during the whole
day. he not Director OF the Company till April
1904 his first meeting with MT hoya was az SesU1 urn
him. was his counsel at the meeting with jerome;
hal Inv
defendant distinctly whether he was In STOCKS
Mrs HS wss Sad alluded to his being in stocks
he then told him that he witness proposed 70 purchase
| then pending was completed he subsequently, having
| procured the Companys permission, told him the ar
another coilery, not having the money were to pay
bonds and Jerome Riggs Co 70 take the bonds or
sSSpeted but probably not the details Of the ar,
rangement witness explained to him the position Of the
told him they contemplated buying cars of their own
Mr. Hawkins said he had inquired OF other parties and
asked question OF him. witness which witness had TO
make inquiries Of the Company TO answer witness him
self at one time before April 80 confident that ne
stock and the arrangement not being then
completed had lost on IT, when the ARRANGEMENT was
completed he told MI ne mao moi Sno WIN any
commenced; Mr.. Hawkins had asked HIM TO SEND down
and MIR Bs did witness sent TO the brokers and
few minutes later messenger came IN ana asked hn
Coal. he wrote over IL in pencil wyoming Coal );
on the 9Th OF April he ordered the purchase OF coo
~ for some U time ali but one parcel Mr Moran Sold ne
held this stock OF It, for is Is months there
WAS other bought for him. which held m still later
ne held his stock longer than plaintiff and lost less in
the middle Of April Mr.. Chase came on TO New-fork and
| what nc did expected TO do produced tight
| money market and heavy fall In all stocks he and
paints had talk after this. and Hawkins asked him TO
lind out what Jerome DONG witness could not md
out he at once after thet asked witness what he
going 20 do with his stock and witness told him he In
Tended 20 hold this and the circular which he issued
were the only inducements he held out 10 Col Hawkins
10 get him keep the stock he never made anything
| out OF Mr. Hawkins's purchase or expected
| would 20 into q thing unless he expected
to make good thing out OF g. ne did not tell him
was divdendpayng stock or sae STOCK Dut ne ala
think the parties 1t would declare dividend unless It
was right did then think the stock good stock and
| bought himself with view TO profit
| Cross-examined-Is the Attorney OF the Board or
| Health; his first connection with the Company was IN
January 1864 he did not remember Mr.. Lloyd was pay
ing him any money he thought lie bought 100 shares Of
the stock early the goth OF March, he gave the
order for Coo shares the very day when Col Hawkins
gave HIS he gave the order without limit OF price, his
impression first that the order had not come back
come the conclusion that IL had been brought back To
him and altered, as he had stated.
Theodore l.. Moran testified 20 the amount OF stock
purchased and sold by Mr. Bliss part Of this stock
| held by Mr.. Bliss till January. 1866.
Mr. MYERS who purchased some OF the stock, testified
ne did under the belief that 10 could
DO developed into paying stock, well under the
impression that the stock would rise by reason OF the
arrang cement between jerome * Lloyd he would not
have gone the purchase OF the stock had he not be-
| leyed it could be made dividend paying concern.
Mr. Hodges VcePresidento OF the Company, considered
that the property OF the Company amply Sufficient 10
pay all the debts OF tho Company and 100 cents on the
| dollar OF It's stock. This closed the testimony
SUPREME CoURT-GESERAL TERN.
Court Notice-Applicants who were before
ha az