Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1873-10-12
NEW YORK.
Another Fraud in Railroad Circles
senator CORkling Declines the
Enthusiastically.
Financial Matters-Ocean Yacht Race
City-I reasurer Sprsgue-Bird,
Grlnnell 6 Co.

New YORK, October 1.-THE Rock
ford, Rock Island and st. Louis railroad
company charge Henry H. Brady, their
former treasurer and director, with
fraudulently retaining two hundred
and forty-five thousand dollars, and
with obtaining, as q secret part
nef with contractors whose contract
was finally annulled, about thirty
two thousand dollars as his profits. An
attachment was granted by Justice
Leonard against his property, with order
OF arrest bailable in one hundred thou
sand dollars on e.Tpdrte statement. The
defendant thereupon moved, denying
the charges for vacation Of both orders
on the ground that they were inconsist-
eut. The court, at a special term, hold
ing that it could not inquire into the
merits of the case, decided that though
both orders could not be maintained, the
plaintiff might elect which one should
be continued. The defendant appealed,
and the appeal was argued yesterday
before the general term of the court, his
counsel claiming that the court erred in
both respects. The court however, af-
tirmed the order of the court below.
A Washington dispatch says, On the
dGil4OAAAJ Vi pEAdbOE A6LuEIOIl. Al1t
Senator Conkling will not accept the
Office Of ehiefjustice if rendered by the
President; that he proposes to retire
from political life at the end of his sena-
torial term and devote himself in future
to the practice Of law and to making a
fortune.
There is said to be good deal Of feel
ing among the members of the Polaris
party now at Washington against Cap
tain Tyson and party, and seem to con-
slider the reported poisoning of Captain
Hall as charges specifically made by
the Tyson party, and are much disturbed
by the idea Tyson advanced that the
separation from the party on the ice
foe was Intentional. This feeling has
sprung up since the Buddington party
learned of the statements made by the
Tyson party, although prominent men
OF the expedition before separation were
not in accord. The crew were influ-
enced by their decisions and did not
champion any one.
The Times thinks action will be had
to-day or Monday on the question of
doing away with the pooling arrange
ment at the clearinghouse. If such a
resumption should be resisted by weaker
banks and they should carry the msjority
OF the association with them, the banks
that are ready and anxious to accommO-
date their dealers with notes, and to re-
store general confidence by resumption
in greenbacks, there will still be left the
alternative of refusing longer to report
their greenbacks subject to pooling Ope-
ratioDs. Exports in specie to-day S465, =
600; imports $50, 600, with ESQ, 600 more
expected this evening.
The ocean yacht race from Sandy
Hook to Cape May and return for the
Bennett cup, valued at $1,000, and three
purses amounting respectively to $1,000,
$500, and $3.50, between schOoners,
yachts, pilot-bOats wrecking schoOn-
ers and fishing schOOners and
smacks terminated to-day. The
Enchantress won the first prize, the
pilot-boat Thomas Shegus won the Sec
ond, and the piIot-bOat James w. Eli
well carried off the third. Considering
the rough weather experienced, the En-
chantress made the quickest run on
record, sailing ninety miles in the short
space of ten hours.
Ex-CIty-Treasurer Sprague, of Brook
lyn, has brought suit in the supreme
court against NJ. T. Rodman, the city of
OAOCNly IL bhG DAOChlNn lIusl GOupd
and others, to recover money which he
refunded the city. He holds Rodman
responsible for stealings, makes charges
of fraud against others, and contends
that he stole nothing from the city
treasury.
The case of George Bird, Grinnen &
Co. came up to-day before Judge Blatch-
ford. The firms counsel said they had
no objection to be adiudicated in vOlun-
taTy bankruptcy. Evarts, representing
some of the creditors, charged collusion
between the petitiOning creditor and
the firm, and asked to have the appli-
cation dismissed and the injunc-
ton dissolved. Forty other lawyers,
representing individual creditors, made
a similar motion. After discussion, ii
was agreed to let the case, as far as If
related to the special firm, go over until
Saturday next. The case of the gener-
al firm was then begun. Evarts ar
gued that the petitioning creditor has
no interest of any consequence in the
matter, that the injunction would do in
justice to large creditors, who hold
pledged securities for the Indebtedness
of the firm to them, and which they are
unable to dispose of on account of the
injunction, and that there was collision
between Grinnelfs q Co. and Meyers.
The counsel for the firm admitted that
Grinnel had given Meyers notice of
their condition. The decision was re-
served.