Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-01-26
CREDIT MOBILEER.


to-day, tee examination of Oakes Ames
was continued by Poland. Upon the
books of the ergeant-at-Arms, con-
tanning a list of the checks that are
charged to Ames, is one for three hun
dred and twenty-nine dollars given by
John A. Logan. What was that check
given for?
Ames-It was a fashionable amount
in those days.
QuestiOn-Wil you state the transae-
ton you had with Logan, and for what
that check was given?
Answer--LOgan agreed to take ten
shares Of Credit Mobilier stock, and |
made up statement showing a balance
due him, and gave him a check for
three hundred and twenty-nine dollars.
After that he paid me back the money
with interest. | prefer that you sum-
mon Logan and not take my statement
alone.
Question-At what time was the con-
tract made between you and Logan?
Answer think in December, 1867.
Questionable paid no money?
Answer-No, sir; only that three hum
dred and twenty-nine dollars he re-
turned to me with interest.
Question-He paid you nothing at the
time of making the contract?
Answer-No.
Question-HOu received bond with
his stock sold to them?
Answer-Ies.
Question-And afterward the money
dividend?
Answer-Yes.
Question-And after deducting the
amount due you, it left the balance,
three hundred and tweney-nine dollars,
due him?
AnsWer-Ges, sir. l remember that,
the same as | do all the rest.
Questionable Mr.. Logan ever receive
anything more?
Answer-NO, sir. He paid me back
the three hundred ard twenty-nine dol
lars with interest. [ think the interest
amounted to two or three dollars. [
cannot remember the dates or amounts
exactly, but much prefer that you call
MIR. Logan.
QuestiOn-What was said about re-
scinding the contract when the money
was refunded by him.
Answer don't know what was in
his mind at the time.
Quesion-When he paid YOU back the |
three hundred and twenty-nine dollars |
was it the understanding that the stock
remained as yours.
Answer-Yes.
Question-So MIR. Logan made moth
ing.
Answer-No. He only made bad
name by the check for three hundred
ind twenty-nine dollars.
Question-That is all there is in this
transaction.
Answer-Yes.
The witness, on Interrogation by Mr..
Merrick, said he thought the first prop.
,stlons came from Mr.. Logan to him in
general way; there were q great MANY
'eople who thought 1t was going to be
profitable enterprise; thought he prom
sed in the latter part of October, 1867.
o let some persons have stock; the
tock assigned to him by the company
vas to carry out engagements previously
made; he thought he had promised
ONE gentlemen in Congress stock prior
0 December, 1867, as he had been try
ng to get persons interested in the |
Jnlon Pacific road and Credit Mobilier.
ad sacrificed some of his own stock in /
rder to tulfiH engagements he had
reviously made; and when he found ,
ut that he could get more stock
rom the company to ill those engage ,
1ents, he did so; could not remember
he had any conversation with Colfax /
4 letting him have the Credit Mobilier :
tOck prior to December, 1867; do not
mink he had any conversation with !
wilson or Mr.. Patterson; he had spoken !
} witness previously, but witness could !
ot remember; thought he had conver- )
alton with Bingham and Schofield; did +
OF remember as to Garfield and Kelly. {
Judge Poland-I understand Mr..
mes you have some further papers v
-hich passed between yourself and Mr.. {
v
Answer have. Mr.. Ames then read v
he following receipts: Washington, d
Ine %, l66S-Reeeived of Okes Ames d
ghteen hundred dollars on account of Il
received by him as trustee on Il
ock held for my account. g
Signed j. W. PATTERSON" Q
Question-You saw him sign it? b
answer wrote the receipt and he n
gned 1t. Mr.. Ames then read the fol- b
wing: h
/" BOSTON, May 8, 1S71-Recelved of n
axes Ames two hundred shares of I'm S
a Pacific railroad stock, seven hum 5,
ed and tifty-seven and twenty-four d.
le hundredths dollars in cash, on ac- b
unit of the Credit AIobilier stock. b
here is still due on transaction thirty sc
ares of stock IN the Credit Mobilier of n
merica and two thousand dollars in Il
come Of the bonds of the Union Pa IN
&c railroad. j. W. PATTERSON IL
Witness said this paper was I'M his Il
but Mr.. Patterson signed it b,
his presence. The one thousand eight sc
inbred dollars is a check given Patfer- I'll
n on the Sergeant-at-Arms; the other
on final settlement. Witness here hj
Lnded in letter written 10 him by Fl
r. Patterson. Heneceived several Others, II
hioh he had destroyed. This letter was III
ritten since this investigation was hI
mmenced. He wanted to make NV Ia
conform to his statement; ! 70