New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-11-26
THE WALL-sT. MELSTROM.
cou,,.ucd from first Psse.

Continued from First Page.
Thompson two Of the Directors OF tc plaintiff should
be Instructed 10 execute such release IN the name OF tue
plantf and that the Secretary Assistant SECRETARY
tie corporate seeI Of tho pan That the fret day
OF January, 1872 tho plaintif, by INC Conn'g y np
pointed as aoresad TO WI; So ooed release 10 tho
deponent and to the said Jas FISK lr ana 81
nv tho Assstan secretary OF Tho rlanl which release
In the words and ngures following, to Wit; ...,
Kno" &c hat S he T Ede ~y co@pass Of
SsS1 q ae s ss Of ans1 o. 10 iI @ jay
james Fish, IT, and ffc eneS A. lane ban erie s' "a
assigns, re ee foI ever se q, ai t G sSa e !, d
ths. heirs eseeuo snI sJHsators % al and all manIer
oa;ou sections oni eia Of sruon s1s sso sSs
eolsets coaoveraes sgrermelt' pfonaes 'rae 5s $500,
n Law or n egsis which sgsnsI jar Gosd Jams fk J
sad Prcees Lane or sny one OF more Of ne r Or &
Z, 1P9G y 5cs o q a.. 9's ,o saS r.
In witness whereof said Company hath ciaso hse ct
b sed eon%es appointed s The E.sd r q D9, O. s
holders thereof and ~ eOoro sss 70 e 5eEsn9 % 'H' '
JOSH Hmros. nrsiiI rnoEr. .. codmi''e'
MoaIisEs sGTT Assistant Sscrstiry.
MOTIVES or THE PROHIBITION.
g. That ell tho causes arising this suit as
set forth In the said adays Of Watson and Smith arise
prior TO tho granting Of each and every one Of the sa1
releases and before and at tie me OF tho sad release
known to all the directors aud stockholders who were
present at tho meetings aforesaid that charges had been
made against this depOnent covering In SUBSTANCE the
whole ground OF this action and the proceedings afore-
said we're intended by snch directors and stockholders
to put an to all litigation respecting the matters set
forth In tho said adavts or involved in this action
T. That at the OF tho arrest Of deponen in this &C.
ton deponoDt and had been for some days very ae
lively and constantly engaged IN dealing In shares Of
oudN Mo- Ne
had very large and such shares
and engaged in q large movement to advance tne
price thereof all OF which deDOnent Is informed ano
believes attorneys for the plain
tiff in this action, and 10 committee OF the Board ot
Directors Of tue plaintiff to winch the entire manase-
ment Of this action was nrusted by the Board, which
consisted OF g. l.. ~ Barlow, VIM. H. Duncan, aud VIM.
That on the day OF this deponents arrest. Henry N
other persons who. as deponent Is informed aud be,
ieyes, and the confidential friends OF the said
ton to depress the price said shares had sold
large numLer of uch shares, which they did not own IN
expectation OF buying them in the martct, when the
time came for delivery, at a lOYer price and thus
realize large profit, enI, as Opponent IS informed
served upon that particular day. in the expectation and
for the purpose, the part OF The said attorneys and
and causing large fall in the market price OF the said
sares, aud for the purpose OF enabling the said smith
ID ew Tayers aud other persons Aforesaid 70 realize
largo profits upon their TRANSACTIONS
O. That as dcpOneui5 informed aud believes. the plain
defendant 10 bail In the sum of $97OO000, and strenu
ously urged such proceeding upon tho Judge who
granted tic ORDER that IN 50 doing they were acting,
n smith, Daniel Drew, VIM: r. Trayera, and other speeI
latOrs FOR fall in the price OF said stocks, aud in the
eonldont belief and expectation that this depcnent
would be unable TO procure ball Ia any sucn amount aud
would be compelled remain under arrest, leaving bis
business 70 rain aud n depOnent had been unable
10 procure ball. 1t s his full belief and conviction That
panic would be produced apon tho market and that
he would hayo Sustained losses TO an enormous
amount, which would have put u entirely out
of his power to pay any judgment which may Oe
cred against him IN inns acton Or any otner ana De
ponent believes ana charges that such result was
pressy contemplated by the attorney For the plaintiff
aud by the said committee having tins SUI. ia Charge,
aud by the persons aforesaM eOntedefated VITA ana
advising them; and that although the said persons
believed and confident that tho imprisonment OF
this depOneut would produce thatresut thereby depry
Ing tao Erie Railway Company OF any possible oppor-
tunity TO collect any Judgment Wnlch ~ might recover
action, they persisted in tefr designs as afOfc
said the express purpose OF enabling themselves and
their friends to in their private sDeeulaOns, and
thereby making Impossible TOR the plaintiff To collect
nythne in this action in o,al disregard otlhe pretendea
Onject this action. with perfect SonSsouenesS th
tho plaintiff herein could not ne eHcctuAIiy served Ut
pFOlted Dy any such course sf proceeding.
That depOnent Is informed aud 0eieyes the fact
that plaintiffs attorney tcnded 70 OBTAIN and serve
the sold order OF upon the day when It
Gualy served made known by the said committee
many persons engaged IN STOCK specula0ns for the
puTp0so enabling such persons 10 0peraten stocks In
cx pestttiOn OF panic and whether said order
actually served plaintiffs attorney came Ia person to at
tend its service bringing with him largo crowd OF
persons VINO mad connection with his Office with the
pantif IN this cause, but 10 whom nuatiOn6 had been
given that such arrest would take place. and who
gathered to witness the same, and Tor the purpose VI
by causing the panic which, plaintiff 10 Informed and
belle ~ tue persons having thing do with the
said arrest expecLed aud desired. JAY GOULD
sworn Ia before this % Gay rSO,oIn 1er is,2
W&- hoLLOr, Notary Public, kings County