, 1873-01-15
Bilont partner In the Montana Indian job, and
engtnoor of Tom Boott'a Southern Pacilo.
E1a f6A A6tnefdtei PrEAA1

WASHINGTON, jan. 14.-Tn tho Credit Mobilor
Committee, to-day, the Chairman, Afr. Poland,
decided that tho records at tho War Department
ssa for g oTssn e Tic" tic sest Ser %
Noiison, Drooks' sor,-in-lnv, testified TINT l,o
borrowed $4,000 Of Dillon attor NIX months &C.
quaintanco aud wl!hont any, proyioas busnosn
socrlrity. He WA told by Drooks that llo WAS
omitted to fifty additional Rharea Of tho Credit
Mobilier.
Jnnloa a. Garfield was suorn, md made tho
following etatenents The 1lrst ! evor hoard Of
tso7,-I cannot fix tho dato,-when George
Francis Trnin called OIL mo, and aaid he waB Or
ganfzing> Company to bo known % tho Crodlt
Moblior OF America, to DO formed on tho model
o. tho Qredt Mobilier o. France tnat tho op
build houses along the limo Of tlo Pacific Rail-
road at puintH w13ro cities and vtllagoa woro
hkoly to spring up; that ho had no doubt that
the money thus invested would double or treblo
wore wore ila limited to $1,000 oaeh, and 10
wished mo. to au1acribo. He showed
oakos A1nes, to whom lle roforrod mo for fur;
sna ssGf'4 Esa s hs1 would ID not subscribe @ = ou
knowing moro about tho proposed organization:
Train loft me, saying ho would hold Placo opGn p
scribe. Tho same day I askod Ames what no
thought Of tho enterprise: Ho expressed tho
opinion that tho Investment would DO safe md
profitable: : hoard nothing furthor on
!aS ana t ss''sst sss fS1 ses Yfs1Sots %I%s r%sa
some t1no, should say, during tho long session
Of 1868, Amos spoke Of it again. 1le said tho
Company had organized, WAS doing vol, and 10
said G somo Of tho Stock lid beon left, or was to
bo loft, in hands to aoll, and could tako tue
amount which Train had ofrorea mo, by Paying
1000 md accrued interest. Ho said II was
not ab1e to pay for 1t tbon, ho would hold 1t for
idonds were payable. 1 told him would con-
slider the matter, but would not agrce to tnko
any stock, until I know from OIL examination OF
tho charter and conditions Of tho subscription
tue oxtont to which should bocomo poeuniarily
Btockholdor would be llablo only for tho pnr
yaluo OF his stock. That ho had not tho stock
and paporH with him, but would have them aftcr
. awhile. from the case as presented, ! pron?a- p?
fed III regard to their oxtont md pccuniary. lia-
bilty. There this matter rested for somo time,
l think until tho following year. During that
timo I understood tilofc wero dividends duo
amounting to nearly three times the par value
Of tho stock; but in the moantnc Ind heard
that tho Company WIS involved IN somo contro.
yoray with tho Pacific 1sailroad. That Amos right
to sell tho stock was denied. When next
eaw AmcB, I told him had concluded not to
tnko tho stock. Then tho matter ended, 10 fur
gu was concerned, and had no furthor know
ledge of tho Comphuys operations until tho Sub
iect began to bo discussed In tho newspapers
last fall. Nothing was ever said to me by Tram
or Amea to indicate or imply that the Credit
with tic legislation Of Congress- for tho Poclfio
Railroad, or for any other purpose. A1nes mover
gave nor offorol to me any stock or other vals'-
ablo thing as n gift. once askod and obtained
Of $500. THAT amount ia tic only valuable
thing eyor received from or delivered to him.
novcr ownod, received, or agreed to rocelvo
any stock OF tho Crodit Mobilior, or Of the Union
raos t;sas sg0e f nor Of hsy iy a''a'na nor
Benjamin F. Ham, Treasuror Of tho Credit
Mobilior, waa awo1n, md underwnnt long OK
a1,nntion. 11o testified tint Hetlao.'s name ar-
ponred on tho books ns tho holder OF $50 shares
didn't know OF Droolts' having anything to do
with the el,aroa. Ham produced several books
OF tho Company, aud said tho rost had boon sont
hero by oxproBs. l1o pointed out i'll the bool1a
whero Duyant transferred 100 shares to Neilbon.
Amoa paid for I'LL tho stock ~ MS MN nano o.
over rail by tic Orolit 11obilier. Tho only let
ter-book Of tho Credit AIobiller showed neither
tho nainos OF Dawes, Garfield, Bcolold, nor Kol-
10y. Ham could not explain how the stock ep-
fis books showed the natnes Of Congressman
aud Alley, as original subscribers. Ho stated that
tho Credit AIobIlior stock WAS ruahed around the
country to keep 1t out Of tho hands OF Jim fisk:
Ho knew nothing OF tho shares set aside to bo
| used among Congressman. Tho Crcait Mobiller
| bouglt the bonds which they gayo as dividends
from tho Union Pacific Railroad Com
Rany At s5 cents, oner md which, hRdh'a tho, 5ov
reeoiycd rec from now subscriptions No officer q
tile Company has right to put up tho stock fo1
| sale. Tho Witness might hnyo received special
instructions from tho officers OF the Company,
Part Of tho books were travelling to prevent
thoin hut thoy arc not travelling now, as jim
Flek is dead. Ham denied that tue public had
| any intoroat In this matter. It Is only foN
newspapers. ,,
/ Question-Do you know what hns become O
Answer-No, sir. It has disappeared
| Q.-Whoro has it disappeared tos
Al don't know.
Odd you not destroy It
Mo, sir, I did not. Tho witness furtl'e
testified that he mover kept tile b1otter; and, il
answer to question of Judge Poland, snid h
supposed somebody had signed paper author
izing tho issue Of fifty aharos additional t.
Nelson. -.
capital stock was made many Of tho stakeholder
declined to take 1t; did not remember OF nn
stockholders being rofusod to sec tho booK8 Q
Tie Company. The books were takon away .
account OF tho tlsH sult, ano oot w Aoop t4o1
away from tho atookholdors.
Dy Mr. Poland--Has no information or belle
as to where tho miHBing books are; can give n
clue as to whoro they may bo. Did not remon
Der Of seeing Alleys name on paper nutnol
izing tho issue Of fifty sharos additional t
Noilson.
Dy Judge Black-Dd not remember what wa
in answer to tho summons to produce tho boob
In tho Pennsylvania suit; may haVo said bool
wore in daily uso.
II. q. Crano, Assistant Treasurer Of tho Crol
} Mobilier and paolao Railway, testified \ th "
James Brooks, on Doo. a, 1867 pnld him Sl0, W
} for which ho transferred to q. II. Morton,
Brooke request, ono hundred sharos Of Cred 70
Mobtlior mud two hundred shares OF Pacific fa'
road stock, and tho same day delivered him II,
!, first mortgage bonds Of tho Pacific Railway: !
knew nothing about tho negotiation for It.
, was Durants stock, not tho oolnpaanuy'B d1dt M
know tho amount Of profit fealiz'
BY Brooks, but thought it We
good trade. There woro sovor
dividends on tho Credit Alob1lor stock. Broo
= | tntN A1.r1 Ss,f r}r1,