Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-02-06
CREDIT MORILIER TRANSACTION.

AAc AohUW hS 40 enhcu ItUiu tuo les
4 timony of Oakes Ames before the Po-
land Investigating Committee, on the
22nd instant as reported in the N. Y.
Tribune:
@. The name of VIM. B. Allison
has been mentioned in connection with
these transactions; Mr.. Allison was
then q member of the House, and is
now member elect to the Senate
since your former testimony Mr.. ALI.
son has sent statement on that SUBJ
| ject, stating what was his understand
ing in regard to it.; will you now state
in detail the transaction between you
and Mr.. Allison in connection with
that stock PA. Mr.. Allison, as stated
in my testimony, agreed to buy ten
shares of Credit Mobilier stock: I
received his dividends of so per cent.
bonds on that stock, which sold at e7,
and he paid me the difference in cash
in June he received dividend of 5000.
| @. You sold the bonds that you re-
ceived on his stock and dividends p
A.! Yes, sir.
| O.. What did they amount toa A.
They amounted TO $500, less three per
cent-$776.
@. He paid you the balance? A.
He paid me the balance.
| @. Have you somo memorandum
of what that balance was? A. The
balance was $27l.
| @. What is the date of that pay.
ment3 A. The date is April "a, 1868 /;
be paid me.
| G. That settled the balance Of the
stock? A. Yes, sir.
| @. He had the stock at par, and IN
terest from July previous. A. Yes, sir.
1 @. What was the amount Of stock
and interest? A. $I,047.
4 q. The amount received on the
bonds was $776; he paid you tho bal
ance in money, $27l; where did you
get this memorandum from which You
are now tcstifying? A. got that
from the entries on my book at home,
and find In the Office of the Sergeant
at-Arms here that check endorsed BY
Mr.. Allison.
@. Did you say it was Endorsed by
him? A. | am not sure about that; /
find 1t in his account charged to him
on that date, the balance covering the
amount due on that stock. and the
check for that amount.
@. The balance which was due Mr..
Allison for this stock, understood he
gave you check for it on the Ser
geant-at- Arms? A. No; he drew the
money himself, l suppose, and paid
me the money.
! @. You got this entry at that date
from your books at home?
| a. Yes, sir; when l received that
dividend from the Credit MobiIier
deposited $4,000 with the Sergeant
at-Arms here, and drew il out to pay
these separate dividends.
q. When was the money dividend
paid to Mr.. Allison?
| A. About the middle or 2lst of JAN
uary-sQmewhere thereabonts.
@. You paid that money dividend
to him by check Of the Sergeant-at-
4 arms, and you found the check of the
| Sergant-at-arms and The amount charg-
ed to you in your account in this office.
A. Yes, sir.
| @. Was this stock ever transferred
to Mr.. Allison?
| A. No sir.
G. 1t still remains in your name. (.
A. Yes, sir.
1
received afterward as dividends upon
It?
A. / haye not given anybody any
stock since July. except to Mr.. Patter-
son, Mr.. Bingham and Mr.. Painter;
held to on the rest, waiting for the re-
suit OF this suit; ii is due and will be
accounted for, bat have KEEP, 1t in my
possession uatil know how this suit
1 results.
@. Has this contract between you
and Mr.. Allison ever been rescinded, or
ever been given up and settled in any
way.
A. He returned me the stock some
time ago; his Union Pacific railroad
stock aud Credit Mebiier stock.
@. Yoa gave him the certificates
then.
A. gave him the certificates, both
the ten shares OF Credit Mobilier stock
and the ten shares OF Union Pacific
Railroad stock; thought ii was this
last Fall, and go stated i'm my testi-
4 mony i'm answer TO Mr.. Merrics,
think, but l iound that the letter OF
| Mr.. Allison, inrlosing the stock, is
mailed March 81, 1872.
@. When did he receive the stock !?
A. lie received it at the time he
psid me for II.
] @. He then took q certificate?
A. He then took a certificate.
| Q. And kept il until last March !!
A. l suppose so; that is the letter
returning it.; it has that date in the
| post mark. ss
| @. Is that letter here? A. There
was no letter; the envelope merely
contained the cerrificsiesof stock /; / do
not know that II came from Mr.. Ali.
SON; NIL know is that 1t was mailed
at Dubuque.
1 @. When did he receive his certif-
Gates of Union Pacific Railroad stock
A. AT the same time be received his
I Credit Mobilier stock; there was a di-
vidend OF 100 per cent in Union Paci-
fic Railroad stock at the same time OF
the first-born dividend received the
dividend aud handed it over to him.
@. Does the envelope in which the
stock was returned show the year
A. No; that is all there is of it: it is
post-marked Dubuque, March 81 the
envelope hand you is the one it came
in.
| @. Are you confident it was last
March? A lido not know.
! @. When do you think il was? A.
thought it was later; still ] presume
the post-mark is correct.
| @. Are you confident that it was not
earlier--iarther back than last Marsh.
1 A. simply give you my impression
4 cannot remember at all.
@. Do you know that it was Mr..
Allison who sent the certificate back
to you? A. No, sir; there was no
letter inclosed, aud nothing to show ii
came from him; did not know there
1 was anybody else in Dubuque who
owned Credit Mobilier stock, and took
it for granted that it came from him
but do not know that il did; it was
not endorsed with any name.
1 @. Was there everany conversation
between you and Mr.. Allison in ref
erencc to the contract being rescind-
ed? A. I do not know that there
was.
| @. Have you any recollection OF
any such conversation? A. No, sir
| 4 sunnnen ha msrht haua epnctJara1