The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-29
THE BULLS AND BEARS,
Examination at Jefferson Market Yesterday
Did q Brooklyn Minister Lose All His
Fortune in Stock Speculations, and
Others, at the Sugges-
ton Of Woodwaril

the Wall street broker, was continued before JUS
tice Ledwith, AT the Jefferson Market Police Court
yesterday afternoon. Mr. Woodward, the last wit
ness ON the stand, was further examined by AS
sistant District Attorney sullivan as foiows-When
was before the referee | testified there was some
dissatisfaction about adding 1900 shares to the
pool; was also asked II there were any suspicious
ON the part OF White and myself In reference the
adding of any more stock TO the pool and answered
IN the affirmative.
Redirect by Mr.. J. d. Townsend and Devne-l
have conversed with White aoout the matter since
the last needing; have looked at the stenographer's
minutes Of my testimony. MI. Townsend here an
noanced that he proHOsed to ask the witness The
following questions put TO hun before the referee In
the civil suit. Tie answers the ones given by
the witness at the tllns:--
q. Do you remember that, In the spring OF 1870,
you went upon sunday school picnic or celebra-
tion2 A. Yes. SIR. -
Q. Did you not. at the time you went on that
sunday school picnic. own very large amount OF
ohio and MISSISSIPPI bonds STOCK? A. Yes, sir.
q. On the day You were on that picnic was not o
large amount OF that STOCK sold In the street, A.
think so.
q. Did Mr.. White not sell h9 A. I don't know.
q. Did you not hear sOs A. heard so; yes.
q. Did you not furnish the stock, or some part on
1t, that Mr. White delivered on some part OF these
Q. And now mucn aid you furnish OF That stock =,
that Mr.. while de.iverels A. Not u great deal.
q. What do you mean by not great deals A.
shall decline to answer any more questions.
Reieree-But you proiessed your willingness to
answer.
Witness-Yes, did, on another part oft
Mr.. Blalr-ll ne goes into thus tran5actlOn ne mas
right To nave all tue iacIs come out.
Mr.. SmlLn-rnat agree to.
O. How much o that STOCK did you furnish 70 MI.
White Tor delivery A. shall deciine answering
any more questions on tlat suoJect.
Z. will ask you whether Marvin 20. did not on
tnaL same sunday school day sell thar Stock A.
Wen, small decline answering any more questions.
q. Was Marvin at tnaG ume your brogerr A.
shall decline answering any more questions on tnar
SUBJECT.
broker IN Wall street, di0 not on Inc same day sell
mat STOCK snort A. make the same answer as
q. / will ask you whether you did not furnish
Marvin tnat Stock whlcn ,ney sod short thar
sunday schoo day, or some part oil III A. snail
Q. Did you MT furnish to Samuel NJ. Mis- the
STOCK. some part vi the stock That they sold on
that sunday school uay Tor delivery A. snail
q. Had you not ADVISED Mr.. Lounsberry, who
resides In Brooklyn, before that sunday scnool day
10 Guy tnat SOCK A. make the same answer.
q. Didn't Mr. Lounsoerry come 10 you on Tue re-
tura Oi the sunday SCHOOL excursion That AFTERNOON
AZ tne poat, ana III STATE excitement tell you
LnaJ they nad ueen selling the stock snort on That
day-AIr Wni.e and otnersf A. make the same
answer.
q And did you not tell him that you had net sold
u A. l.
q, And dld you not tell nm then not " sell A.
| snail make the same answer.
q. Didn't you tell MIN then 10 hold on to the
stock tnat he nad bought on your advice mat same
afternOonY A. sinai make tue same answer.
q. had you not, previous 10 tuat sunday school
day, recommended u certain clergyman IN Brook
Ign to GUY that STOCK A. shall maze the same
answer.
q. Aud didn't that clergymon lose all he put into
that consequences Oi the lall caused ny the
Oh thus sunday school dayY A. make the
O. Did you not advise clerk In Jay Cooke &
Co.'s ONCE, previous TO tuat sunday school Gay, 10
buy the stock. A. The same answer.
y. Aud dld he not lose u large sum or money
In consequence vi the ia caused ny your selling out
the stocx ON tnae day. A.. me same answer.
q. l Will ask you whether MI. Wnite was not In
teresLed your speculation III ONO and Mlssissippl
at tina, Tuner a. Tue same answer.
y. | VIII ask you, whetuer on that day when
White was selling the STOCK snort, winch STOCK you
furnished MN a.er 70 denver whether ne was not
Interested with you IN that speculation? A. The
q. has not this stock, the Ohio and alsslslppl,
the name In Wall street. SUNDAY school Sixesn
IRON the TRANSACTIONS OF that day A. the same
answer
charged with fraud III Wall street IN the transac-
tlons III the ONO aud Mississippi A. rne same
answer.
O. Have you not been called names-opproprIo
naines-grOwIns out vi tnat ONO aud Mississippi
YOUR own presencer A. The same answer. :"
O. And wnen you are 50 called ny thuse Opprobri-
GUS names Ia the Board o. Brokers 10 you resent lLY
O. ere you not at that time that you were 80
called those opprobrlous names tod mat oppor-
tuiJy would DO afforded you " dlsprove tne
charges that were made asainsl your A. Tne same
answer.
paeed Ia a very large stock operation IN Rock
Islands tObjeclcd to- A. Tue same answer.
q, Dld you not Oruer u large nulnDer OF brokers'
In Wan street buy ROCK Is ana Tor you after you
knew you were lnsOyeutr A. The same answer
Didn't large Im aeS 40 o. u HrVHers 70 inc
OF Rock Island stocK ordered by YOU after you
knew you we're insoiyent, and were lhey not ruined
I'm ma ma mn
q. How much DO You owe to-day A. The same
answer.
the amount OF So,0J0,0U0 growing out Of TINS Rock
Island operations a.. me same answer.
u. WHAT amount OF Property nave you settled
upon your within the past three or iour
A. The same answer.
o. what amount nave you settled upon them,
or any OF them, during the past yearwiIe cnli-
dreni A. rue same answer.
o. or during the past two years? A, The same
q, Have you not. within the course OF the last two
or tnree years, settled upon your wiie and family
ABOUT the sum OF eight hundred thousand dollars
A. The same answer
O. Are you not now living upon the interest OF
that SUM- wnle your creditors Ia Wal street, TO the
amount OF several millions, go unpaid A. The
o. Have you maze since the speculation In Rock
Island, when many brokers were ruined, any
stafement OF your affairs III Wall streers A. Same
answer 49,
your creditors whom you now owe VINO lost on that
trans action A. Same answer.
q. DO you not owe IN Wall street large amount
that resulted III those large specuatons A. same
answer
Mr. Sullivan quoted Greenleaf on evidence and
a decision oil Judge Porter III the Court OF Appeals
and also illustrated MS views by quoting teie.
graphic despatch which he mad observed III morn
lag PAGER, to rne e1ect tnat lady declined TO
appear ir Court In consequence OF being subjected
10 such examination, aud tnat the Judge had said
TO the party examining the lady IN sucn manner
mat ne may nave gained his case, tut that ne
would leave the Court an object oil deteslation.
Mr.. townsend said tnar, waie he would mol or
his own motion introduce In any Court authority
based upon u newspaper teiegram lie wouli accepe
this case entirely carrying out his views OF the
question. II was very evident that the Court had
permitted such exaninaiiO ION 10 be haC. ne qnte
agreed mat such examination OF a woman, carried
to the extent stated Oy Mr. sullivan, would certainly
received condemnation. But TINS sympathy avoided