The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-08-04
JAY G oUL d.
An Effort to Unearth His Real Estate Transac-
tions-The New Erie Managers About to
Bring Suit in the Supreme Court
for This Purpose-The Charges
and Specifications.

The new managers Of the Erie Railway Company
evince determination to get Jay Gould their ex
PRESIDENT, more 1nextricably into the meshes OF the
law than he ever was at the most litigous period
In the history OF the company while himself the
directing head OF its affairs Messrs Barlow,
Laroque and Mcfarland, the attorneys OF the COM
pany, are about to institute suit against Gould
and his wife, Helen d. Gould, for the recovery OF
certain tracts OF land and the buildings erected
thereon, which, 1t is alleged. were purchased by Mr.
Gould in his own name with the funds OF the COM
pany and in trust for that corporation, but which
property, it is alleged, ne refuses to surrender.
THE COMPLAINT
is dated July 10, 1872 and copy has been duly filed
in the County Clerks ONCE. Mr. Gould was served
with the summons to appear and answer the
charges specified In the complaint last Monday
morning. but up to the present time has not re-
sponded. The writ is returnable within twenty
days. If Mr.. Gould fails to satisfactorily answer
the charges made in the complaint within the
allotted time the suit will at once be begun in the
Supreme Court.
voLUMNoUs DOCUMENT
Is the complaint, covering, as 1t does, over one hum
dred pages OF foolscap. The bulk however, Ii Of
technical character, comprising infinitely ample
fed descriptions OF the lands in question, with
enumeratons OF deeds OF trust and the like. IL is
embraced In five sections, and
THE SPECIFICATIONS
may he briefly summarized. The following are tho
principal sections OF the complaint
Fi'st-That at tho time hereinafter stated the
plaintiff was ana still Is corporation duly created
under the laws OF the State OF New York, and law
mlly engaged in operating a railroad from Jersey
City to Dunkirk, Buffalo and Niagara Falls, and
several branch roads, connecting with the main
line.
Second-That the defendant, Jay Could, was the
President and Treasurer of the plaintiff, the said
Erie Railway Company.
Tttrd-That the defendant, Jay Gould, as such
officer and agent OF the plaintiff from time to time
mentioned
the moneys Of the Erie Railway Company, for the
use and on account of the plaintiff divers tracts OF
land taking the title to such lands In his own ndi
vldua name, but in trust nevertheless for the
plaintiff.
pages, and contains a technical description Of the
lands alleged to have been purchased by Mr..
Gould.
The fifth section of the complaint enumerates
various deeds OF trust executed by Jay Gould with
different persons in relation to the conveyance Of
certain parcels OF land to the Erie Railway Com
pany, and for premises purchased from various
persons for the use OF that corporation.
Sish sI the said Jay Gould on the 18th Of
ofthe Erie Railway Company, and ceased to have any
official connection Herewith, and that subsequently
caused a request to be made to the said Jay Gould
for the conveyance OF the said lands and premises
to the plantif, or to such persons, as trustee OF
trustees for the plaintiff as the plaintiff might
nominate, but that the said Jay Gould refused, and
still continues to refuse to make such conveyance
Serenth-rhe plaintiff, the Erie Railway Company,
therefore prays the Court to inquire into the truth
of the allegations hereinafter set forth, and on
finding them true, by proper Judgment and de-
cree to establish the said trust, and to order q
decree and conveyance Of all the premises to the
plaintiff.
AFFIDAVIT OF THE PRESIDENT.
The following afiidavit Is annexed to the COM
plaint:-
Cay and County Of Ne~ York ssPeter II Watson, Of said
city, heing duly that he Is the President of the
Erie Railway the plaintiffs above named; that the fore
going complaint Is rue to the best OF his knowledge,
except to the matters which there stated In
formation and belief and TO these matters he believes
the same 10 be true. p u. WATSON
me, this 18th day of July, ls72-Wn. A.
DuXPHY Notary Public, city and county OF New York.