New-York tribune., 1873-01-15


of Mr. Ames, Trustee, had been sold by niin,
or If he had contracted to sell anyidvidends which ha
been declared upon the stock standing in the name oI
Mr.. Ames, trustee and paid to him Mr. Ames paid
the Company for all the stock standing in his name as
trustee the Credit Moblier only made one dividend
and II was paid by witness; the dividend was SIX per
cent payable In stock OF the Union Pacific Railway {;
dividends were always paid to the whose name ap-
peared on the book stockhoder the Company reeog
nized no one except the be the book. witness
here produced eterbook and testified that 1t was inc
only one the Company had) There was nothing III
II relating to the shares standing in the name OF Mr
Nelson the OF neither Dawes, Garfield, sconeiu
nor Kelley appeared the books could not explain
that stock had been made ont in the name OF
Mr. Nelson before he paid for 1t Mr. Dillon had nothing
TO do with issuing the shares additional except 10
sign the certificate witness had no positive knowledge
to why the Credit Mobiler was abandoned ana inc
Ames contract entered into Mr.. Durant could gave the
whole history Of that
MEMBERS oP CONGRESS on THE BOOKS FOR STOCK.
Question by Mr.. McCrary-Do your books show that
any member of Congress interested in the Credt
Mobilieri A. Yes Sir.
@. Who were theyi A. Mr.. Samuel Hooper, MI
Bayer Of Pennsylvania, Mr. Grimes and Mr.. Ailey {;
they were original subscribers.
@ Have you any knowledge of their holding STOCK
which stood in the name Of Oakes Ames, uusteei A.
No Sir at one time the Credit Mobilier was pnsheu
around the country get II out of the hands Of jim FISK
and during tat time Of Its papers were lost; inc
stock first stood at 90 cents from January to May 1867
don't remember what price in December 1861 or
January 1865 it was considered very valuable then
witness thought it 200 $50, at least then; the
dividends on Union Pacific Railroad stock had gone
down since them
To Judge Black-Knew nothing about any shares set
apart 10 be distributed at Washington among members
OF Congress or esewhere Mr. Ames paid for the shares
in his name trusee Mr. Ames took the shares AT d-
ferent times. paying for them as be took them MI
Ames usually gave his personal check Boston banks
for the money for the shares Mr. Crane can explain the
profits OF the Oakes Ames cOnract witness had nothing
to do with that the fifty shares not transferred by
Mr. Durant to Mr.. Nelson; It subscription 10
new stock the books taken to Philadelphia at one
time to avoid judicial process in the State OF NeWfork
Oliver Ames was larger stockhoder than Oakes Ames
Durant also large stockhoder; the Credit Moper
bought the bonds which they gave as dividends from
the Union Pacific Railroad Company at IS cents, and
paid for them ont of the money which they received from
the new subscrpons no officer Of the Company has the
right to put up the stock for sale; witness might
have received special instructions from the officers
of the Company; Mr. Alley had good deal OF influence
among the stockholders did not see Mr. Alley ooKlng
over the books frequently he took lively interest III
the Credit Mobilier; the Credit Mobiier was never
engaged in any other business except that which 1t Is
surrender its charter heard nothing Of any agreement
by which shares held by Nelson were TO be for the
benefit of Mr. Brooks; many OF the papers and books
were lost at the time Of the first suit they were removed
from the Office by Mr. Dillon; part Of them went
travelling TO avoid letting people see them who had no
interest in them.
WHERE ARE THE MISSING BooKsi
O. Had not the Court ordered themf A. No SIR they
were never ordered II they they were out Of the
iurisdictop Of the State. uaughter.l
O. Are not those books still flying from tho same
pursuit. A. No, Sir; Mr.. Fisk is dead
O. Yes but the general public has interest in this
matter STILL A. In the first place deny that the public
has lively interest in this natter 1t is only few news
papers.
O. DO you know what has become OF the stock trans
fer booki A. No. Sir; 1t has disappeared.
@ Where has 1t disappeared 10 A. | don't know
O. Did you not destroy iti A. No, Sir did not.
Witness further testified that he never kept bloter
and in answer TO a question Of Judge Poland said he
supposed somebody had signed paper authorizing the
issue Of 80 shares additional TO Mr.. Nelson.
To Mr.. Alley-At the time the increase in the capital
stock made, many Of the stockholders declined to
take IT. did not remember Of any stockholders being re-
fused the books of the Company; the books
taken away account Of the Fisk SUIT and not to keep
the books away from the stockholders.
To Judge Poand-IIas no information belief as 10
where the missing books are; can give clue 10
where they may be; did not remember u seeing Alleys
name the paper which authorized the issue OF 80
shares additional TO Nelson.
To Judge Black-Dd not remember what was in the
answer TO the SUMMONS to produce the books in the
Pennsylvania suit; may have said the books in
daily use.
To Judge Merrick-Alley, Hazard, and Dillon the
principal managers Of the Credit Mobiler.
TESTIMONY OF II. C. CRANE.
II. c. Crane Resides in Yonkers, ". Y. :;
was director of the Union Pacific Railroad Company
for a short time while 1t being built; owned stock
in the Credit Mobier; Assistant Treasurer Of the
Company
@. Do you know anything Of the transfer Of stock to
Mr. Neilsoni A. Yes, Sir.
@ Well what is It A. On the oath Of December, 1867,
Mr.. James Brooks paid me 1900 by check and gave
his draft for $1,000 for which transferred TO Mr..
Charles H. Nelson at the request Of Mr. Brooks, 100
shares Of Credit Mober and 200 shares Of Pacific Rail-
road stock believe delivered TO him the day
five first mortgage bonds Of the Union Pacific Railroad;
the stock Durant's know nothing about any
negotiation for the purchase Of the stock, having
heard any conversation about it.
@ Why did you deliver to HIM the first bondsi A. My
memoranda say IL a credit on the Credit Moblier.
O. SO for this $4,000 the Company parted with 100 OF
its shares Union Union Pacific Railroad shares,
and five first mortgage bondsi A. No, Sir; Mr.. Drant
did; the Company had nothing TO do with it, do not
think Mr. Nelson was present when the transaction WIN
Mr.. Brooks took place. Nelson subsequently came and
got the certificate OF stock; positive the money was
paid by Mr.. Brooks; first mortgage bonds then
were worth IS cents.
@. What the profit realized by Mr. Brooks A.
do not know, Sir; thought he had made very good
trade did not know what were the reasons which in
duced Mr. Duran make the transfer TO Mr. Brooks or
Mr. Nelson; there were several dividends on Credit
Mober stock the five first mortgage bonds for d 600
each were worth IS cents did not remember what the
100 shares Of Credit Mobier stock then the
200 shares of Union Pacific stock cents on
the dollar at least know nothing OF the relations be-
tween Durant and Nelson; do not know II Durant ever
knew Nelson.
To Mr.. smithers-The draft given by Mr.. Brooke was