Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-03-27
The Vermont Central.
hDDITIoN.L sPEcIFIcAT FILED.

ADDITIoN.L SPECIFICATIONS FILED.
The following specifications in sup
port of the general charges Of misman-
agement have been filed by the petition.
ers for the removal of the trustees and
managers:
That J. Gegory Smith and Joseph
Clark on or about January 1st, 1861,
took advantage of their tiduciary rela-
ton to lease the Sullivan railroad to
themselves and L. Brainerd, realizing
$500. coo therefrom and appropriating it
to themselves. instead OF accounting
therefor to the trust fund, to which the
money belonged.
That on or about January lSt ISL,
the said j. Gregory Smith caused the
lease of the Sullivan railroad to be re-
newed to himself and has realized $780,,
900 for himself by so doing, when he
should have made the money over tothe
trust fund.
That the said J. Gregory Smith, }y
and with the knowledge and consent IT
the other receivers in said cause, aI1
without authority of the court therein
corruptly, secretly, and fraudulently d.
rected certain of the employees of tht
said receivers in the management of the
trust estate to Systematically set asida
certain of the revenues of the trust pre-
perty for the purpose of having OIL ham
a secret service fund, from which sum
of money could be drawn for the pur
pose of being corruptly and secretk
used in and about the Legislature
of the State of Vermont, in The
employment and retainer of such PEI
sons. and for the bringing about of such
matters as in the estimation of said re-
ceivers should not come to the knowl-
edge of the court or of the security and
stockholders interested in the admins
tration of the said trust property and
these petitioners specify and show that
said fund so surreptitiouSy, fraudulent
ly, corruptly and secretly set aside for
the unwarrantable proceedings and uses
aforesaid, on or about the 1st day of
January. A. d. 1871, amounted to about
$1,000
That the said J. Gregory Smith, being
during the years 1857, 1868 and 1869,
largely interested as an individual in the
Northern Pacific Railroad Co., by and
with the consent of the other receivers,
took. appropriated and used during said
wears. or at about the time and years
above specified, certain large sums of
| money in and about the Congress of the
United States in session at Washington,
D. C.. amounting, as these petitioners
believe. to over $50, 900, which money
| of right belonged and appertained to the
Atrust fund, and consisted OF portion OF
Hhe earnings of the trust fund, and con
listed of portion Of the earnings of tht
inst property; and that the said tran
Stations were concealed in the treasurer
: offhe by direction of the said j. Gregory
Smfb. and consented to by the other re
ceives. under the uncertain and genera
designation of 'scash memoranda" o
''cash Oh hand, which said large sum
of moneywere so osurreptitiously, secret
, w and fraedulently withdrawn from th
} trust funds during the time aforesaid
while the trust was embarrassed wit
large debts then existing by reason Q
the improvident and corrupt mismar
! aoement of the said trust by said recelN
ers for the purpose of the persons
ACKNOWLEDGEMENT of the said j. Gregor
Smith, and was concealed from ID
knowledge of the court, and the stoc
and security holders interested III I'll
management of said trust property,
reason whereof the said managemel
: was not only very much embarrasse
: but defrauded of a large sum OF lntere
I due on said sums.
That the receivers had paid their pi
: vate debts with free railroad passes an
: Communication tickets.
That the receivers, for their own pc
sonal and political aggrandizement hav
without the authority of the court en-