Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-03-06

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CREDIT MOniAiER N the BEN
Report Of the Senate InueStigGtts,g
ranni,,,e !7,he Caeee of Ioann.
" 49, 800. ~.
II "sos co""ssMy, ""c Ho.t"" '
EIputss01 ~ Sendt0r PATTERSON,
Of Ne,r HaMpshiyes Recommended.
NJ .su,,cno, ,ror /
As s.n....,
havlng examiner the testlmony YAK.
eo oeiore the I1ouse Oh hepresenla'ises
ana nearo she statement OF senators
10 relation thereto, and taken sncn tes-
umony as was acceptable, tending 70
snea ngnt upon the SUBJECT matter, ana
having attennveiy considered the same
the commlttee N the nrst instance pre-
sent inc Iacts ascertalned touchlng
each memDer OF the senate,
sln the list 81 mewpers OF the senate
supposed TO be afiected by the evidence
taken by the committee OF the House
OF representatives, Is the name OF John
a. Logan. In december, 1867, Mr..
Jonn a. Logan, made an arrangement
with Ames to purchase ten shares OF
the STOCK commonly known as shares
OF the Credit Mobilier OF America,
upon the accommodation OF Ames
that the stock was valuable, and pay
ment could pc III consideration OF an
agreement, at any time, and the stock
was never delivered. In June follow
ing, Ames showed Logan an account
dividends arising on the stock subse-
quent TO Its purchase, Of W and 90 per
cent. respectively, from which he de-
dncted $IUUV, the price OF the stock,
and gave Logan check on the Ser
gent-at.arms ofthe House for the bal
ance, *Sz9, which check was paid on
Inc lv.n % July loiowlng Having
49,. uouDsaul wnetner ~ was go1u
49, s.os ~ Wnc'ner .nere WvuM no. ne
ulcu.y auout ~, MI. Logan pal9
AinSs ue .inoun. VI money receivea
vi slo on 49, anu lh,etss. .nereoii'
s.a.lns ~ lin tnat ne hao cGnciudeu
NY " ta1e .nc stvck, 70 Wncn AMes
consgnteu, anu nere me transacuon
.naou, Mr. Logan navlng no Iurtner
lnVoIvs. ~ ~. Logan anu = AMes were
1,D y ~, ~ se % ~ =. nepiese'a-
"y ms - ta -: aa.c y .ne transac s A.
, ns sS e. ~. uoes ,! n1t anecs MI MI;
ss sreha - a any ssnse Wnlcn Wou.u cai
lvr wy acsa9n ~ tnc oenate II ~ pos
sess.s JII.S' .'SIs.u over ac.s nappenihg
u De.oss Ais elec.lIn 70 tne oelate d
g ~ ~ on Wnicn .hoer tne hnulng
=. I,s oo.n.s sc !. 10 ilo' necessary W
O1pi xn ~ op.ssi s r
~ ny . .e.ou .lv,n .ne Iionse oi
n rseprsSson.a.lvcs = Ine nalre " ROSCOE
G onHnk' ,ueInuer y inc oenaoe. MI.
Soa.ns s uOes not aPpear ~ nave ucen
o oe.ne N ~ ary NAY WIN .ne stocA
~ U sae C nas, Mop M or 81 tne mon
a. ALL Lsa ~ ConRaIy, anu con-
sequon'iy - ny way alec.eu'
On or about December, 1867, Sena-
TOR wilson, on behalf Of his wife. and
ct the instance Of Ames and upon the
advice offriends, contracted for twen-
ty shares of Credit Mobilier stock,
paying therefor in cash $4,000, which
belonged to his wife, Ames giving q
receipt for the same and guarantee
for the payment of 10 per cent. inter-
est thereon. Wilson became dissatis-
fed with the transaction from what he
had learned of the difference in the
management of the Credit Mobilier
and Union Pacific Company, and con-
Guided to regard the transaction as
complete. He so stated to Ames who
consented to so regard it, and an adj
justment was therefore made. 1t was
by contract BY her, husbands and Mr..
Wilson had no right of interest there
in, except such as grew, out of these
facts. Whether the action is Or is not
in law to be regarded as, that of his
own or that OF ms wife IS not deemed
mater1a!. IL IS certain that the money
invested was contributed BY friends to
MS wire ana ne treated 1t as belong
ing to her, considering the investment
Tor Yer, and the benefit from 1t, and
Inc money was flnally repaid TO, and
disposed OF by her. M. Wilson does
not appear g nave been well informed
g NJ 20 sne caarac1er O me Credit Mopi-9
,a1., nos S loss = appear .nu. n w. Ss'.7
sWsIe " isu IdAson " suspec. An!es
. nau any ooJ1o. ~ conimenelng .ne m
NY yss.lnen., esnei snan .la! y iiiensniP.
~. ans y w;'. = ~ ~. Ielicve '.a. pen
1N MttsVn - anSeNu Ky thc tlansac-
lion VIII Asmes, ~. taey ieei con-
s1rMuv9 ~ nuverI u snis connecllon,
= sre ~ ~ llla n.y. ~ Inc iv.n u oepleh-
Dsl ~ Y Il Matson au.no rIz = De
soas ~ ne PgnylS gless =. NeW OH
!st'aIon, w S:n - en 'sc Y IesaIu,
~ = ~ . VI ussls.asu a el, IN. ny nau
cssr ,vD.Allcss ron Wakes A!hes or
NY Vt1eI psfsOh Ivy siiSlsest interest,"