The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-10-10
THE GOLD RING.
Legal Light on the Operations Of the ''Cor.
ner's-Llahslsues Of Pisa and Gould.

- instituted legal proce@angs against them, Messrs.
f~k Gouid Ant then cad. ntorr are having q
pfcss nxeiy time u Just neg. satan n taking
tnnss eoFfessooaiasif cas-, bsang renewed pr0 fem.
RON the 'qnfsrba tore u nsdlng .nschlef stillr
fof CERTAIN haEA. u a..
M orsBao ". gosiyn has commenced three
suits @sainsi Ffomipeni members u the so.d Clique
70 recossf asnefencss dae hsm. amounting IN Inc
aggregate 20 fs42sso The GFrt u tAexe suits m
emitted Orlando ". goslyn ana gOha r. Bostwick
Against william nessn. gsmss a E1,ss Charms r.
Quincy. "a, could ana James Pa. a.. 10 which.
for bis arm ~ claims 70 recover slisaso a. a az.
fcfcnce upon tsa1oeo N sold whlch ne sald 10
wiinsm nsAta Ia through their br0ksrs w..
Livermofe Co, a. loo ON FRIDAY. the .ssh ulglno
In tnls Jane. fssk Jr personally, IN ooniune.
tion with Jay Coaid. ana IN wnliam HEATH cos
once gave Caarics q. Alea 0 the arm ~ IIsermore
a Co, written order % hay god a. thst prce
10 De delivered 20 Heath Co, VITO verbally TONED
IN the order kr Alien II once went 10 tie Cold
Room. bought the scla o. r. W. Martin, gr the
broker o. the platinum. ana rave w Heain Co ~
ms principals Mr. MARTIN reported the sale 10 Mr.
losyn. who. that afternoon, when price q gold
commenced 70 fail. called upon Heath Co, 10
accordance with ne custom Of the sreet 70. with
with MIN, put up margin Of twenty per oeut on Tue
transaction In the Trust Company FOR thcir mutual
protection against the fluctuations Of the MARKET
THIS they declined 70 DO, and on the following
day refused 20 fulGl the contract whereupon
Mr.. yoeyn directed san be broaght for his differ
ences a. above. Tns action y brought by Mr..
Joseph X. Flanders. bis attorney. who drew TIE
necessary papers ana obtained an attachment from
the Court OF Common Pleas against James FISH, IT,.
rs o nonresident which attachment was mmedl-
atey levied upon The orsnl opera House IN twenty
third street. IA which Mr.. Fisk has q half interest
The secoud Of these suits almost simultaneously
commenced by Mr. Joslyn, ~ sole painllr. against
James Fisk, Jr.; jay Could. Henry \. smith. henry
II. Martin. James b. Bach. William Heath. James
M. Ellis and Charles L. quincy, In which he claims
to recover $4,000 q difference upon stoo.0o
gold which he personally sold 10 tue defendants on
the same Frilay at leo, through their broker
Albert Speyes-ihe story OF whose unfortunate
connection with the gold speculation 81 q fortnight
ago Is TOO well known TO need repetition. As Mr.
speyers' principals failed TO supply him with the
funds to meet their contracts ne obliged 10 dis
close who they were 10 Mr.. Josyn, who, when they
failed to receive and pay for the gold they had pur
chased, directed snit to be brought against them.
His attorney IN this action James Belts Metcalf.
at once obtained q similar attachment against
the property oil James Fisk, Jr, which he caused 70
be also levied upon the Grand opera House. as well
as upon certain funds Of Mr. Fsk's IN tue hands Of
all respects TO the second, save that Mr. Joen sncs
TO recover s270O00 difference upon 81 900 900 IN
gold which he sold TO the same parties for the EAnie
price on the same DAY, and which transaction they
! have also repudiaied. Attachment issued In
this suit also and other assets Of Mr. Fisk were I'm.
! mediately levied upon. Tue attachments procured
| by Mr.. Josyn were the nrst which were granted
t ana v Ts nn amount Of rms ms Claim.
Mr.. Orlando w. Joslyn makes AFFIDAVIT IN his suit
| for the recovery OF the sum OF sils45o that Ibe
| cause OF action arose as foows-0n the 2sth day
OF September the paintiis barganed and sold 70 the
defendants s4s5 600 god to be delivered on the 2on
were ready ana willing TO perform the contract bat
tnat the forenoon OF the 25tb the defendants gave
contract. and refused to receive and pay Tor the
| gold thereby repudiafing the contract. Mr.
resident OF the State Of New YORK and resides
in Boston; that Fisk has real and personal property
in New York that he y man Of very public ana
managing railroad and steamboat companies and
lines operas. theatres and other places ana houses
or amusement and pleasure; that he u an extensive
| Spectator IN real estate, cotton, stocks and gold
and '.professes to be" an extensive and wealthy
capitalist As proof Of nonrosidence 1t Is alleged
an assessor OF lakes In which he stated That he IL
resident OF Boston, Mass, and that the only property
he possessed liable 10 taxation one goi watch,
! for which he was duly assessed and paid tax.
| Charles 9. AlIen broker, member OF the firm OF
W. +. iIvermore Il Co., deposes that on the morning
OF FRIDAY, the Gath day OF September, 1862, while do
ing business IN the Gold Room, Young man came
for account OF James Fisk Jr. Mr.. Alien refused TO
act on verbal order, and the young man furnished
ct Sixty up to one million. 10 Belden 60. Jsules
| Fisk jr'' Mr.. Allen hesitated to bry 50 large an
PAL. He y went s 10 the ONCE Of VIM. Heath Co.
where he found jay Could add James Fisk,
Jr. Mr. FISK admitted thar the order was in his
do SO Immediately" Deponent thereupon informed
Mr.. Fisk that he didn't do any business for and
pleased to give up Heath Co." Mr. Fisk then turned
10 Charles Z. Quincy, who was standing BY and who
right, Charlier' quincy replied, ayes, that is ali
right; give Us ppcn }, w 2, deponent placed
maas NM 70 reac Me od Rpon s
1t. Deponent commenced to bid 100 IN currency Tor
for 500 gold, and finally purchased in the
broker named Runyon W Martin, Jr, the
Martin the name Of Heath u Co as his principals,
agreed TO receive and pay for the said amount at the
above price on . the following day. and thereupon
name name Of the drm Of O. W. Josyn Co. as hts princi
| pals and agreed to deliver; that thereby the con-
tract was made binding upon all parties. within
short time Mr. Joslyn called upon deponeni, and in
accordance with tue custom and rules OF the
per cent upon The amount OF sad trans
a enSerea e, a deponent check for which
| together with q check for IKE amount from depo
nent or his PRINCIPALS was 70 De deposited IN some
| tuatons OF the market Deponent Informed Joslyn
that he had already given up" tue ira OF Heath A
|
| pany him to William Heath Co.'s otilce to see that
they put up the twenty per cent margin as he re-
CURED. Thereupon depOnent went with said o. w.
| Joslyn to the Office OF Heath Co. and
| heard him make demand upon Charles y.
/ Quincy. Of said firm, for the deposit OF said
| margin; that to his astonisnment Quincy
entirely and utterly repudlaed the said transaction,
| andawhen reminded OF the conversation at the time
| the order was given cooily replied mo matter,
although the order was given aud received by you IN
this oice It was not the order OF thus drm but was
the order OF James Fisk Jr., and William Heath 4 Co.
will have nothing do with It," Deponent further
saws that Jay Gould was reputed and appeared TO be
interested and acting with Fisk In the transaction,
| ana at the interview in the ONCE OF Heath A Co.
/ Gould also directed him 10 execute the order.
| Runyon w. Martin Jr., deposes that he has read
the a1idavts OF Messrs Josiyn and Alien. aud thu
the contents thereof are true 80 far as they refer 10
/ his acts and declarations.