, 1873-01-08

r't1"i,oll, tAt 81 ~ looNod lsRn Sooa alio
Thirty anros at 1 fall pride, ii liai t1io mooy,
but added frankly that could not pay fol
them until two Ur throo months aftorwartlp, aB
my, my H. i1,o,,esekoeplng oxretiaon In tho openlng
tho average. lie replied Tint ho would contract
to Ecll mo twenty sllaros ut pnr II would, In
addition ngro to pay tho interest until tho linn!
rnyment., 1inqnrotl wlnt por. cont 1t would
dividends, l,t't III Tho road wGn pushed furtlor
into lilo interior tho ]rotlts might nat 10 lnyge,
though they would bo very surely roiiiltucrattyo.
Tho Union pactic lsnilrond had no legislation
ttiinlc, nor did suppose there wonld bo any in
tho futNro,, ~ tho lust amendment to tlloir
c]'nr 'r authorizing tho lssuo Of first mortgage
hontsn, which should hayo priority over lilo uov
orll1nent lion, ind been enacted In 1864, over
il,rec yoars before this conversation. 1nforrlng
that my questions arising nnlor their charter
would 10 1udicially uottlod, and aupposlng atany
rato TINT Ind tho san.o right to purchase this
stock as 10 buy stock in Il National Dsnk
fee''i'a fo toa cSGs''' Sss Or ro IL agaso msns se
purchase twonty Bharos at par nnd interoRt, to
hor raid for as aoon rs Ind tho money. Some
weoss or months aftorward, at tho samo session.
1I:ald Amoa about $500 in cash on this contract
ceiscd no dividend nor cortiilcate OF stoclf. in
whole or in pRrt. MY Impression is TINT he told
mo TINT ono or two dividends had boon eatnod+
but thnt they woro not in odn]l, and woro Us yot
nnAdjuHsed Certainly did not receive any, aud
was mot ofroroa my III CASH, or bonds, or stock,
tnon or since.
A fow months or weeks after this, I heard a
runner that unpleasant controversies EoxiBtcd
among tho largost stockholders, which woro cor
t tntu to involve tho organization, IN prolonged
litigation. Tho worry day l heard tha rutnor I
told Amos TINT no profits, Ircaont or prospect
tvo, could Induce mo to buy into q lawsuit that
Ind noycr bccn during all my lifo 4 plaintiff
2; or dofendant IN 4 court of Justice; that must
bctwcon ua. df1 not want stock
on my tormB that would mike mo
party 10 litigation. He agBontcd to this, md
nothing was snid US to tho money pnid, my anx-
things occurred At tho Same session Of Congress,
Of 1868.
Tho noxt year, or yoar aftor, Amos suspended
payment III consequence, aB was said, Of flnan..
cia inyolvomonta conneotsd with tho Pacific Noa1
and lis creditors gave hir IN extension on bis
liabilities. Dut, Tegrett s his failure and its
cause, told him to dismiss from lis mind tho
small amount Of money botwoon us:: sup
poaG1 poG put put for s' hS So would nna haTo ' ro
stock nor bonds wore given to mo- nor offered
to bo giivon to mo; That mover received .'ollnr
in bonds, stock, Or money Ms diyidouds TINT
in the Company 1t par md interest, Int that
aftor partia1 paynsent ! Withdrew entirely from
what I regarded Is all incomplete contract from
repugnanco to being, involved in litigation, and
that, inBloaa Of boiug. enriched by it 81 900 or
1000, as. has beon charged, I am voluntarily
out Of pocket $500, anil lave boon for nearly
five years.
A1r. Colfax remarked that ho might add ono
hundred moro. Amos noyor paid him tho yaluo
OF n dollar oil my account YllAtovnr.
tIIpfp kfnE1r hal