The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-11-22
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HxAmiEatign OF Comm sd0re Wander.
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NEW YORK, November EO.-4he
examination OF Cornelius Vanderbilt
in the suit Of the Erie Railroad vs
Mr. Vanderbilt, on the charge of hav-
! ing delrauded the Erie Railroad Com
pany out Of $1,000, coo, was made to-
| day. Mr.. Vanderbilt testified as fol-
lows: I received, in n-Uuly, 1862, a GER
tilted check from Mr.. Gould for 81, z
OO0. 600 and bond Of the Erie aud
Hartford Road for ST 100000; that
was on a contract with Mr.. Drew, for
selling $4,000 Erie stock at eighty.
| FIVE cents;i can't say whether that
| was the price Of Erie stock then or
not; I could not have purchased
so large a block without running up
| the stock; | can't say whether that
! purchase was made at the time Of the
| litigation / thought it then a good
stock to hold; | sold to Dir. Drew for
himself; I had made. up my mind
! to have nothing TO do with the Erie
| road did not suspect he was acting
\ for the Erie road; now it came that
/ Gould flied his contract | dou't know
it wss some arrangement between
Gold, Drew aud Eldridge; Mr.. Drew
was to pay me in money, and Mr..
| Eidridge had q good many Of the Erie
aud Hartford bonds /; I suppose he
/ wanted some of Mr.. Drew's money;
/ the Erie shares we're paid for in 625
! bonds Of the Erie and Hartford R1il-
road at half million dollars; Mr.
| Gould paid ME a certified check
for a million, and told me it l
| would send the stock down 10
i Work, Barton & Co, they would give
me $1,000, 600 for it; sent it down
to them, and they passed that amount
to my credit; have no doubt heard
Of the sottlement Of the Erie iitiga-
ton, bat / had nothing to do with tho
litigation In any shape; part Of the
arrangement was that l should give
an option 60 purchase $4,000 600 of
Erie Railroad stock; il was not with
the Erie road; read an agreement of
the Commodore's to deliver 10000
shares Of stock to the Erie Railroad.
The Commodore stated that he had
rot Supposed this was with the Erie
Company; be had supposed he was
selling call at 20; he had heard
nothiag further from that contract; (;
hO did not know or believe when he
: received the check for million dol.
lars that it came from the Erie Rail
road Company; he only looked at
the sertiacation; he thought there
was bat one check in this transaction.
TCheok shown Mr.. Vanderbilt /
don't remember what this
! check was given me for.
: Another sheok was shoWa him,
: on which he said he corla net tell
; whether il vas his or not; could net
! reoolleet the check. and would not
sweaT 10 IL witAoet looking to hia
0 bank book; be could rot tell whether
the siEuetura es the back was Work,
4 Davis q BaPten; be vss very poor
3 haRd ct recognizing signatures; the
!. check was ons for $3.50, 900, drawn
D by the oHcers Of ths Erie Railroad
: 10 Jsy Gouid's order, end erdorssd
!. over ts snG By Mr.. Vanderbilt. Ths
5 witness eoald net remember the
: cheek er transaction without refer.
aass to bis books; he oould not tell
whether the mark ca the back vas 9
eertiReation o. not To smother check
q shown him be Eade the same an.
S swers. This check vas for $54 900
Is Mr. Vanderbilt said it was possible
# thero were two checks instead oi
7 one: hIg impression still is that there
q was bat one. A third check, for 81.
o SOC. 600, was produced, drawn TO thc
1 w
i Vanderbilt had never seen 10; he hsC
K seeA Gould several times, be thought
j. bat did not remember any matters 0
q business; he neVsr had anything 4
do with suits against the Fri,
Railroad Company while Mr.
Drew was Ia New Jersey; he cams
- once or twice TO visit him; he CAV
% him no advice; he did not say if b.
D was relieved OF this 10000 stock; tbs
Is LITIGATION could be settled; he di,
j. not want to be relieved of il; b.
y would not have sold IL for dolia
9, less than he got for II; he had som
stock afterwards of the Erie Com
l@ pany, but its amount vas to be sept I
n himself; be did know what arrat g.
OF ment was made between Drew, Goul
aud Eldridge; he did not insist el
e approval by the Eric Board Q
N Arrangements; he did not know the
= had approved it; he had received 62
se more OF the bonds of the Boston
a Hartford & Erie Road; this was i
nayment for the cali for 0,000 share
In the Erie, aEd a pretty cheap cal
too: he had nothing to do with th
ne Erie: he had not examined the check
is or rather the check, for he sti
g. believed there was but one, as he ha
sufficient security inEhis hands II the
y went wrong
er Mr. Field proposed to suspend Il
IN examination until Vanderbilt coul
examine his books To Mr.. BeHcf
ae These checks are signed across the
& face by Mr AllaeEe, paying the latti
70. at MaEhattan Bank AT the foot