The sun., 1872-08-31
THE RAID ON MR.. CORNELL.
GEN. GRANTS SCHEME FOR CAR
RYING ULSTER COUNTY.

4
Nr. COrneli-IIow his Honest Services In
| the Interests of Ulster County arc Reauitcd
| Correspondence Of The sun.
| RoNpoCr, August J0.--The New York,
Kingston and Syracuse Railroad Company date
Rondout and Oswero) has sued tho Hon. Thos.
Cornell, ex-Prcsilcnt, for money which 1t is
claimed he has In his possession which he OBJ
| tanned through mismanagcmcnt while President
| Of the company. Mr.. Samuel u. Coykcndall
son-in-aw Of MIR Cornell and Mr. Anthony Ben
son, late Treasurer Of the company, are also
| alleged to bc implicated.
| The announcement that these prosecutions
had been initiated was received 10y al with sur
prise.
1t Is the chief tllk at the hotels and depots In
| and around Kingston. This community was
never thrown into such a fever OF excitement a.
| they were on the announcement that the rail-
| road company had instituted proceedings In the
Supreme Court AGAINST Mr.. Cornell.
The character borne by Mr.. Cornell for honesty
and business integrity Is well known. lie is
| known throughout the State, AMI Is the largest
| Individual owner OF steamboats, in the country.
| lie il President OF the First National Bank Of
| Hondout, President of the Rouduut savings
| Bank, a large shareholder In the Delaware and
! Hudson Canal Cuiuuauy, "A heavy stoCkholdCr in
ibc wisLin,,tou itr C1WpaNV in fnct There ia
no moucycd institution IN the place in which
Mr.: Cornell 3 not more or less interested.
also known nov ''i As ins1 % of he strctest integrity
H., Is Nice,PresiiIGnt ot the lir-t Naiiona Bank
lee Company, and Shareholder in many other
coporated companies; Mr.; Benson's name has
never yet becn tainted with the foul breath Of
suspicion. The residents Of Kingston are in
censed at the proceeding
THE CHARGES IN BRIEF.
The complaint .ll,ges that white Mr. Cornell
was President ui the lt'nduut and OswcgO Rail
road Company, now tnc Now York, kingston
and Syracuse Railroad COMPANY he. VITA his
son-in- law, samuel ~ keudqil, who vas NJ
| agent or clerk, together with Anthony Henson,
rrca urer uf the coriora;iOn. secured SlOOJe0
of town bonds belonging to the company by
means uf fraudulent checks that the defendant
received large sums Of money for Interest on
| sad bonds, t. the amount q flNAHh'
which he converted aud appropriated to his own
use; that the defendant drew at one time from
the treasury of fhe ,o many {1i.tU by moant uf
a colorado checA; chat nc received other largo
sums " mnuct hci'uEing to,the COMPANY
| which has never been accounted for. Many
other smaller sdms are hc.ci TO have been
GRANTS M,RsH,L's WORK.
A SrN roporter visited Mr. Cornell to-day.
The gentleman r, sides Ia ono of the most clc:
gant mansions winch the place boasts ot and
i've anI siA acres of beautifully laid out garden.
IL was @'oi''os IA tho '""rnins Who" -. ri
home al thut culS huur; hut lc was Informed
by Mrs Cornell That he1 husband was already at
stopping at dir rent hotels. tho reporter a.
certaned thc feeling 81 icw 81 tuc innHhlani -
No one brlevcst iai NJ. cornell is guilt, of the
| crime " icu tlc lawsuit charges. Al thought
that malice aui petty spite were at the bot tpm
shal Tor the southern bistti-t oi New York "a
President # the Nrw y Nork, KINGSTON and Syra-
cuse Railroad. Many aNer that ttr whole Ir1.
cecdiugs are Tor political purposes. Mar al
Si.rTc. being also a resident uf tHc county, has
tried his utmost O. bring IL over to Grant; but
seeing an attempts Useless. ms uriEhHurs -Hy
shat ne has lesprtcd u this mean trirk To make
enemies Tor Nj. cornell, who Is sincere in hl.
IA NHHW NIHH HIHn - q NHH
l-tor county has always been strongly Demo
cratic. tn" Democrat are solid for Greeley, rs
well nearly every licpubli ran who b. mot seek.
inc uucc under tuc Grant Administration. ucn
Sharpe Jaw TITS, aud 10 j. said tnuA this last
Thc reporter found Mr. Cornell very busy in
h.s ulicc. Mr.. Cornell said
MIR. ,oRNELLs ENPLANArtoN.
have been connected with the Rondout and
was duly organized and Incorporated under the
Laws 81 this state in lsi5 An act was passed by
towns in Ulster, Delaware. Greene, and SCOT Iri,
counties to issue bond. and take stock In the
wcrc the amounts issued to said counties Ia
Ulster county, town OF Kingston, SOn,UU the
900. In Dciaw'rS county, the ,'''''IHs i"wt
, | OF Middetown, tlOJUJ; the town Of RDX
90; the town of HarrcrS1cld, $1,000 If
! | Greene county. the town of Haicott, $1,000
$1,000. Commissioners were provided Tor hy
. | the above act, who were authorized tu dispose
| OF the bonds ON the most adv f-puII-
This was all done. lpur' hascd S.iIsu worth ID
said bonds II par. 50 one would nave l.iyrf
more than this, and the Commissioners were
Ihaye labJrcd faithfully. earnestly and hon.
estly without fee or reward Of any kind. beside
paying my own expenses. have given the roat
more attention than have my own business
! and greatly to the neglect ot my own Interests
| advanced u great deal Of the material for tht
road when MT IA cent Was in the treasury.
have made great -lrrinces In it, behalf. en-
J phat ically deny every charge in the compliant
| AlInnfIrn 4 l.
/ the enterprise, that IL should prove a success.
: care Little to have i returned; but DO care fo
st"Ted great deh OF tImo freely, a
the project, and never receiving the thousGndu
4 | palt Of cent i1r my scrEicos, and ncNe
u penses legitimately incurred in its benMf. I en-
!, deavored To gave these, my neighbcrs, who
{, | saw IN my midst In need Of this most essenti q
| lasting benefit, and thought that this act wouli
! | reap me rich garlands when am gone. As 70
! | myself care little, but | am connected witt
: | many Institutions, among which Is a saving
/ | bank and this malicious attempt to blacken M
4 | character may do much to hurt the credit of tn
institution and not myself be hurt but thos
with whom am connected.
THE COUNTY TREAsCRBR's D.FALcArIoN.
A short time since foreclosure suit was com
r | menced a-aiu-t the New York. Kingston an
: | Syracuse Railroad Company by the Farmer
> | Loan and Trust Company, of New York, and IN
: raiToad iolks thought | WAS the real party hold
Ing the bonds. After the commencement uf IN
: suit, the Rev. DR.. Hoes, the treasurer of III
= be commenced against me. unless | withdrey
the fOrcClus IRE. told him had not the poWe
. to withdraw, and he left.
was President OF the ROndout and Osweg
Railroad umpany until September 1870, when
by the annual election, Mr.. Jol II C. Brodhea,
= was elected In my place, Mr.. Brodhead was q
IA | the same time County Treasurer, and pursued
= | most reckless course Of management lie ~
managed the affairs Of tho concern that no On
knew how the company stood neither di,
they know anything of the financial affair
of the county. Mr.. Brodhead, after IA cor
rupt administration Of one year, sued II,
0I shares OF stock In order to rcelect him
n | self But Notwithstanding this mauu,uNrc. h.
. failed 10 be reelected. The victorious party wcr
: equal To the occasion. which will be PRESENT.
u shown. shortly afterwdrd Brodhead account
e with tho County Treasury were found In a scan
Il dalOus condition, and after several lawsulIs
r | was dscortuincd that he had dsfuauded n
. county to the tune of S3O0,GO. His prupert
u was seized ana he is stli held, $1,000 with in
Il terest from LIT If January last being deficient.
GRANTS MAR5HALs LING.
l. The way IN which Gen. Sharpe managed TO he
r como President is as follows: A ring wa
n ! formed. headed by Gen, Sharpe and others euc
e purchasing one share, and this emitting them &
y aNote equally as well "A II possessed with thou
i. sand, of shares. This ring, by manipulatin
c the affair So we'll, succeeded Ia electinu Gen
H