The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-02-19

thing out OF the ordinary course of business in In
extraordinary dividends they were receiving as I
and ~. -, THE IL INVESTMENT ~ ITSELF SUSPICIOUS
& SSnsss
s2ek i has been suggested that The TACT Sat none
contracted crcnms'sSce rom Which sense Of i'm
% Is Of = ss w f9
out such inference. The profits Of building the
McSe sny Be
e he a ssl
Ter from Mr. Ames to new holders would cut or the right
ass q o"on ~s1 was sss
tory reason for delay on M Ames part close settle
S As S s1s 0s"a
the oed soDer c SGSm
and others claiming to be entitled to $50 shares Of the
e sl'St lea
anxious 10 have the stock put Of his
s1 e had
do not nG hat eep Of the ABOVE
named gentlemen in sonrac,ing win Mr. Ames any
ad or & % hs
Of p SsS%n
gentlemen aware the enormous dividends u"on
mot & se H b. We we
mee may ands subject Congress had cSartered
sSsn 9s1s sf sond
o s a rSs
The company their own bonds for ths
SS s?s
Intended 9st the The road
re- raise money 0' to ps sA' into to
On aohS have 1sS
to ss Sr the
and IN sa Hs
require to full extent s and tnen do
h sss
the sas Of
thus
they had soa hef bonds divided the money
Sras song he form o OF them
asts been known i6sse ssnsmsn and had they
Sl s
oek n a pon only s % pS were to be paid
make item interested in we cannot AGREE TO the doctrine
az Il nd deriving az is rights from and
rue Of House rules Of dsC S saS wo 'i
aesepSs 1P hs po
r Sh Of to sa E hss so dS
jecis likely to come before Congress, without some
@ n aass to S
that would exercise his influence by personal Y APPEAL al
TO his fellow members and by other NODES which method
DELIVER US FROM TEMPTATION.
Iris think Mr. X%ss Judges sSreWd i8
Eis S@d1%T Than
taken This country IS last becoming aed with gg az ie
and
f. MANY "'s s.t. ns ia,
become the ruling power state wth! S'' ' ,sw
similar influences, and the knowledge OF the public on
lar believed than ere to s ie oody But
such The tendency OF the tme and the belief is
.no q. Al AL Ia. MEN GAN An, BE RULED MONEY
ought place himself in circSmsiances Of Suspicion
NJ iS aa 1Iss tSe
should iesI conidsni that govers,Sen
Ss,S ssy s'rss
aT possSs influences that he may 0' nos
eye only the public good his Conduct and mo-
&c feel compelled to
%ae on nat tae action Of these members in taking this
tanning what they getting and that in their ads
s0s scmsnd AZ Sq
to all men the letter Of the venerable senator hazard in
"a Of the testimony;
OF these members in taking this that calls for any
recommendation by the committee.
The Of Mr. Brooks upon different state of
s 1o ANY Of those ALREADY given The committee
M Sa had Ssn sn S n Of 11ss
Of e tree r 1aa n had OBJ
ganzed under it for the purpose Of making construc
fSs to s%% the the road DR.
get the Stock Of the credit Mo6er tSen Sr
and he made some effort to aid DIR. Durant in getting
lie he
capitalists in New York but his Efforts were not
with with S Ras a sas s s
sas S stE CT
was between them and Brooks
scsA Ps!sHs to a FSs
1857 stock of the credit De SoSiiei
&c p h's and nil @ @ &
s 81
he had ssa nr ,ha
stock that lie could sniSee sonsdersS
What been sn aid ana a sss hny
Mr. Brooks to aid him. he considered himself under
stock had ADJ been So far taken up and then
for not Me SMI wh neS9
aiion was finally adjusted between them by Darant
Gsf Fsa asss sn and yG nSn w
Ss ssss S Ss Ms Sqss a r.
Brooks ss 'as@ R Sn m d dollars
the negotiation had been concluded between Mr. Brooks
an DR.. Durant Mr. Brooks said that he was gov |
ernment director OF the Union Pacific and as the
law provided such directors should be
in the company, he would not hold this stock and di-
Ieced Dr. Durant to transfer il to his law Charles
II. Nelson The whole negotiation with Durant was |
conducted by Mr.. Brooks himself and
NELSON HAD NOTHING TO DO WITH TRANSACTION
except to receive the transfer The s. to pay for the
100 shares was paid by Mr. Brooks and he received the
5000 of Pacific bonds which with the stock The
certificate OF transfer OF the loo shares Durar to
Nelson is dated December &c 1867 the 81 OF July,
lS6S there was dividend ofcghty per Union Paclfc
bonds DIS
receive by Neilson but passed over at once to Mr.. |
Brooks. II is claimed both by Mr. Brooks Nelson,
that the $4,000 paid by Mr. Brooks a of that
sum by him TO Nelson, and that the bonds he received
from Durant and those received Tor the dividend
delivered and held by him as collateral security the
loan. No note or obligation given for |
the money by Nelson nor, lar learn from
either Brooks or Nelson, was any account or memoran-
dun OF the transaction kept by either them time
OF the agreement or settlement above spoken of between
BROOKS ana Durant there nothing said about Mr..
Brooks being entitled 10 have fifty per more stock
BY virtue OF mis- ownership OF the 100 shares Neither
Brooks Durant thought such thing Some time
after the transfer of the shares TO Nelson Mr. brooks