Knoxville journal. [volume] (Knoxville, Iowa) 1874-1986, 1874-10-01
On The HOOK.
ATTORNEY GEN. CUTS LIFTS Mon
ROE GUILE CARSON no THE
BEACH,
AND SCALES THE SHARK.
OsKALoosA, Iowa, Sept, ].


.EllitOr Of the Oskoio0s Sto31olarti:
In the StnHddrdof last week you pro-
pounded certain questions, and, in
what undoubtedly to you seemed
! to be very courteous terms, dared me
to answer them.
While several Of the interrogation
| les seemed TO me TO be simply i'm
pertinent, and not at all relevant to
the question Of my fitness for the
office which / now hold, and for
which j am candidate for re-elec-
ton, know Of no reason why j
should hesitate to fully answer each
Of them, and shall do so i'm the order
in which they are submitted, viz:
81. What equivalent did he ever
pay for his $50, 900 of stock ?o
/ have never owned but $4,000 Of
stock in the G.. r.. II. OIL For that
! paid in cash three thousand and
three hundred dollars, and have
never seen the time since | purchas-
ed it, that l could sell it for one-half
the amount that | paid, and any one
wishing to purchase can have it for
one-tenih OF the SUN that it cost me.
"2. How many thousand dollars
did he make out Of his tie contract in
cash ?"
In 1870 had half interest in a
contract to furnish some ties for the
Central Railroad. The profits aris-
ing from that contract amounted to
about eight thousand dollars, Of
which | received, or shall receive
one-half. When the contract was
made it was thought that the profits
would amount to much more than
that and no one regrets more than l
do that such was not the case. liz is
perhap~, not improper for me to say
that the contract in which l was in
terested, was In no respect different
from the contracts made with other
parties for furnishing ties, and that |
received in part payment property
which l have never been able to dis
pose of at the price which | allowed
for it, while other parties were paid
in cash for the ties furnished by
them.
80. What amount Of the subscrip-
tion notes Of the people Of Malmska
county has he absorbed rs his share
OF the profits ?'
Not one dollar. The firm of
Sewers g. Cults were employed to
collect the subscription notes given
to aid the construction OF the Cen
trail Railroad of Iowa, and for such
| collections were to be paid a compen-
sation much less than is usually paid
for ordinary collections. Other
wise than this | have absorbed no
part Of the money collected ON said
subscription notes.
"a. How much stock in the
Hawk-Eye Telegraph Company did
Mr.. Cults get as his part Of the swag ?
Did he ever pay anything for his
hundred and eighty-one shares""
"Swag" is a term with the pre-
else meaning Of which / am not
familiar, and therefore may not ac-
curately comprehend the meaning
OF the fore part of this interrogatory
| assume however that it is intended
to inquire how much telegraph stock
| received without paying any con-
sideration, and shall therefore ans
wer fully in relation to such stock.
In the fall of A. ID. 1870 | purchas-
ed one hundred and fifty shares OF
stock In the Hawk Eye Telegraph
| Company and paid therefor, its par
value, Wis: fifteen hundred dollars.
Since there have been two dividends
declared or ten per cent, each paya-
bic in stock, and one dividend Of
seven per cent, in cash; so that
now own one hundred and eighty.
one shares of the stock and have re-
ceived little over one hundred dol
lars in cash for the fifteen hundred
dollars paid by me four years ago.
The shares Of stock are ten dollars
each, and 1T will thus be any easy
matter to estimate the profits OF my
investment in telegraph stock. !
have never had any of that stock
without paying its full value in cash,
and any person can have the stock
by paying me the amount that
have paid with interest at six pei
cent per annum.
-. How much did he pay fol
his Hardin u Mahaska Coal Co
stock?"
never owned either directly OF
4 indirectly any stock I'm the Hardin
q Mahaska Coal Company.
80. How did the Hardin q Ma
haska Company gobble up the pro
perty Of the old Iowa River Rail.
road Company in Hardin county"
| never had any personal know.
ledg of the affairs of either of these
companies. l never heard and never
knew that the former company