The Toledo chronicle. [volume] (Toledo, Tama County, Iowa) 1873-1924, 1873-01-30
Credit Mobilier lnveStiga.
ton.
Statement OF Hon, j. F. Wilson.

pcaped bctord the Poland Commit
tee on the 17th INST, and made the
following statement:
l once bought and paid for ten
shares of capital stock of the Credit
Mobilier. The par value Of the
shares WAS 500 cash, IN all 81 900 -
The purchase came xhout this way :
When Cakes Ames were soliciting
subscriptions he asked mo to sub
scribe tor $4,000 worth of it, which
| declined to do. [ heard nothing
more of this stock until some time in
She year 1868; the exact time can
not state, but certainly not earlier
than May, when j met, in this city,
II S. M'Comb, with when had been
acqusinted several years, and against
whose character | had never heard
any reproach, who during the con
conversation had between Us. asked
mo if l had my Credit Mnbllisr
stock. | told him that | had not;
that Ames asked me to subscribe tor
$4,000 of it, but that had declined.
M'Comb replied that could get that
stock vet; that he wished | would do
so. told him that knew but little
about it, and inquired it value. lie
said that would depend somewhat
on circumstance, but that l need no,
hesi,ata because OF that; that he
thought ;lr could get 1t st par; that
he would take it, furnish the money
to pay for it it, and allow me the ad-
vance, which would have been lib
oral compensation Tor the negotia-
| ,lon. He then related the circumstan
ces under which he had subscribed
tor number Of shares; that he had
| made his subscription in good faith;
that the Company refused to recog
nize his subscription, and were try
| 10 ch, At him out OF his rights aDder
II: ,ha, h. was determined to have
the stock; that if he could not get it
quietly aud peacefully, he would Ell.
lore his claims at law; that he did not
want TO have it, but that lie would
not be cheated out of it; that he was
wiling to do anything tor peace
short of surronderiHg his rights; that
10 60 to la1 would lead to strife, de
| lay and expense, but that he would
go through with it all if driven t"
II. The impression which he made
was that, II he could got the stock
oven by indirection, he would ra,he
do that than resort 20 the Courts
and in this connection he said tha
there was other stock lin the SAM
position as mat, which he said HI
could get, and that, therefor, there
was no reasonable excuse for tn
Company treating him as they ha'
done. As the result OF this oonver
salion l had IN interview with Oake
Ames, Inquired of him If Their
were not $1,000 Credit Mobile
stock tha, could nave. He said
mo, you declined to subscribe TOR il
and it has been disposed ot.' | r.
piled that had been informed tha
amount, and more, was undsposed Of
and that could have fifty shares
He replied that the stock was dispos
ed OF, l had stated was mistake.
communicated this to MComb, VIII
said it was just like Ames; that il h
could take care OF himself an'
trends, every body else might whis
tie for their rights. and said: "Se
Amcs again and tell him there 10 n
mistake about the matte, and that
(MComb) know there not" dl
see Amss again, who said MComb'
statement was not true, and repeate
his former statements. then asko
him il it could not be arranged >
that I could get out Stock. He RI
piled that he Did not believe it coul
be, that he was going to New Yorl
and would see what could be don'
Some time afterwards, Amos told m
that he had arranged for ten share
for ms at par snd I per sent ex prio
dividends; that was the cst)and tn
most he could 10 then, but hs wont
see if he could any moro. too
ten shares, and asked him to arrang
tor tie rest il he could, and not I
do more than was arranged tor
When l subsequently told MComl
he said: Well, that is another OF h
i. tricks. He don't want to do an
better, bnt If you insist OH it, he WI
he(M'Comb) wanted stock on I'll
floor, just "a the had theirs" | ha
talked so much to Amss that l col
cludei to wait his movements; tn;
anything further would look to