The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-09-08

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CIIEATtNG ONE ANOTHER.
To the contrary your orator charges and insists that
sd dfed wns not 50 mt nd d. and mat SAID atta held
Ki buurn, ana he s advised that not competent
citation nni such unit TO sc al he highest prigc in
uppion 20 sad duiy to act IA agent aud trustee for
tnd So" uhd nssocaiipn, an such bound 10 pur Ia
AZ me low price, ami that any purchase ELECTED
men b'rs Of ne rrt gssOcition or any Of Them ana
VA, g members Of h second association arc charge
any rn-ics and rendering said purchase iraudu eat
Ana lour orator further shove on In. rmaiion aud
I'd ,,,na va. rrn..v M, ,test,sts a'I t , r
' . sue there"t "as private and hai tae value ~
tsGr y az me lrcssIt I'm; ana The
Thai sad pretended sale not necessary tor the
nHrpose Of ral,1g mon TO carry n ne business OF
arse balance IN cash to its credit IN account with sid
| money. herenbeforc mentioned; nor was said pre-.
s9 meScss5y or rr1n,r i1r any p1rpoc What
associations hut Ia the same was made IN opposition
purpose TO rencnt sed m ani the mcinbcr- % said
se,o nrst assoc, HAN fi h i Wl VI" ,uioero o.
mission o the s'il trst association for bung and
Tor selling said SQUARE to The members OF card nr't
as' ,sd ana isrge commi'son i9r buying
not dirrced sal purchase 90 ho undc. nor had they
Tic amc, but that said DECD made ty one incm6cT If
said rrm IN ta,or II anoth,r was the ruiuent act OF
10th without 90 'ruct ons to purcusc the said square
although said mcmoers oi ihe sccuad a.sociau9n &C.
copied tue SAID purchase, and suo gnty 10 IT. bcng
made Heyidcd IN Nee ssatY means Of pay Moni And
|
TIE agency or trust under ead second ussocliion A.
ne aid Srin Was 6cre6y enabled oy mean. O. tic said
hancndnm clause common 10 tic purchase, % not
therein mentioned to benefit one assoc zion at Inc
nrin Al the expense Of 9oin; nj hat ms faculty. too
,9S perpgi r uo9 Si r5"d 9s pe%f,n % ~
the hcncni of said second assoce,on u consequence
OF The Ct wWcn your orator makcs o., nioriliton
aud bell ia the commission allowed ana paid by tuc
pSgaSit by lie cnSers 81 t6e fr.t ig VI "
Ana your orator further shows on Information and
paragraphs, the sal arm madc MYERS other puir
moneys ueOugiug thereto aud ls1 made purchises Tor
the U6nont AMI wiih the moncy- SAIL ia-oca
we're tascn ~ f,,of Of said klbouru. or s,d ila
above I'M ntioncd, that It il impossible To dscrimi
.ao iwssn ~. nurehSS, psio gln 20 me net .ng
at wgnt nio sai pgrch9',, or hy mean q
. ll- oi All sand purchn. cs, mlracd T.. VI. L. An0it
80 ana sh1w, tea. the ga ssid arm pretend 'aa,
SAID second a,socaton and pr22fcsse- TO ae
such is not he faor. 6ut mt nav Of ssid paf
chase were made WITH nome of said a--t .c, tlon
q, vii anncar uy me o9oss ani ?apst, - si nrn ana
per. OF sal e.sociauon. Aud yourorltoris flt,,r H.
DIV sinI baanSss N he iands Of "a rn a Xxx
purchases made ia behaffhcrcofwcr ar mo-i of tl,n
mrindcr v members ,hcieof 20 thai sad purena.'r
Sv de nee aud tha ~ nurcnacs not sing 20 said
socaion, becs1se, az Your orator char ere never
was any s-soglsuon Or individual for whose ben 90
tuan ihc Two associations aforesaid.
STEALING All. hnorvp.
hnd " orator isai9cr shove .9i he informed
W,fc nsi hy ne ncmSyrs = sad nrin Ia tic 5a.'rc.
h'rci ana $50 10 purcls'- ci t,a. c.iai ,pn' 'cl
ndl' idu rsh aud Tor nc Use nd ave tmclt Of -u
oiator a.mr tha tne usc u ;.id non"y. shout n,
t o.. a9u I'm ai' ~gre M. nm, 'n .s'e
20 o. bed ia ilW.t Tor s.id nrst association.
roar orator lurh'r ehuHs,u ini uruAtnl uUI Nci ef
nag -oa tigs ~ .1e ,aa,ser Il ~ iae 'aia ..r
%" ,ne 81 me org na mciuDers OF SAN mr. a- oltton
Wa Wa Il 4; :, "r,at ,eg sesrc amy nt To- ,a'
ln TIVE ilub.c capacity OF trustee aid member 90 sud
assoc ialoo. And your orator charge that nemncr- Il
,l lp'' a'9 , nov .. ,"v s, ,nl ,ii 'e
cation aud 90 int rmcdiatc hod.s re sei known TO
ay cooke and S"npay fi. m 6n.ine.. I n i n, n,
ofSept,nber INA w2eh failure W. Wen tnoVn t to
ne ntnhcis sara hnn ~ kiltourn laitd. nd
District court of the United s4t,- ioc the Eastern b.
anS b ~. sbe se1$ nb ' s s oqeSS
ttmoer 1873, The sad icy CooAe q Co. were cai9l
crtsin ties and eNPehs-- that become duo nv
slG mt atsociau u, ana failed To i.y tue .aui'.
aiu 'n sa' t,. ,r Ina, M S,ri,,N pea
nDin,4 sHd J4y Cook ~ 60. Of rc.r 'lcOtDh - l..
lund the advances amounting 70 s95o nilde by sad
urm q. p Vas acqri0sc'd "a Nv icnr u. Cooke. nlc
- -ad trm but that ~ sqgn arran-,
Your orator Informed aud believes AMT zee mac
kbourn & iatta are untrue and show. that the Gr.i
in 6e ct ,ort of he p n s,, c
the Eastern District OF rennsl wanna, only two DAYS
that nc other matter contained IN saa s,atcncnts
Of T pocc, du IN SlaRrapey '' 'u'Hs ' p'"a'n'
And ,ae ;a.o member. y !he arm OF Kilbourn & Lat.
saiG mater forfeiture ,n,ued OF M tue interest Of
proyR m saa PRINCE paper a. f%} % S9cg
about the let Of Noyenber 1874 he received from said
nar&ed +. ~ H. EShoii 40 & aud pfayri to be taRen
OF dc,laralon Of .rust herewith ned mirtcd Z MT.
Exhibit No; and tnat sald letter anu copy were tne
Latta acting for themselves and other parties IA inter
Your orat believes al thc alleged copy Isl true
coy ana int ne sane Was sngf and 9rreed 70 oy
alton, ana he alleges that the original " sad copy is
p a kibonra lllta or eomc mcmoer or members
thsIr9i ana nc p,aSs tast IIe same may oe produced
N M letter aud made The basis Of The prct' ntca for
an sonfiyanee % 'he part 81 the mshbers Of sad
rtics II there we're such, to taAc advantage Of The
failure OF Jay Goose . 60. TO make slid esll Tor
Piled Wlth aud In tc hope and tXpecauun of thereby
Driving them Of their interest," IN sad ssoc.aiion and
! prcyenng inquiry Tito ia" conduct and Management
your orator advised that a forfeiture Will not he
mug nAnt TO- ias'ee and far acalas aud wnn The par.
pc readily comp ntatd without tie forfeiture tJr any
that no Ground Of forfeiture ever existed said
association, but by Sad r some Of them there
were pt The time notes inter Il, taxes overdue
required by the alleged agreement nrn u
kDourn Latta ned or should have htld the time
II tNe al eyed call sufficient moneys and securities
longing to Rid ASSOCIATION 10 render such call
mat the trustee holding the property Of Hnd
ISOLATION, memncr OF sam lrn and had power
To raise money by mortgage ed Of tust that tle
remaining parties Interest said association
elected 10 pay said sum OF $1,000 called for and
never dd pay the came, ana never ted relation
the neCe SHY Of any cal or 10 the payment OF saii
$4,000 ana never elected to refund 10 JsY Cooke 60.
the sail sum Of s250nO that sam SluuOU II pad
up, paid by sai khOurn lattu or member
thert Of aud that sand pay merely
In form ad made vita the froudulcnt de- Of thnrehy
appropratng the properly of the crcdltors of Jay
Cooke Co.
That OF the property helOu 10 sail frat as.ocil.
ton and uusold out In the lOh paragraph this
bill the tltlc 10 the same Il ned by sld hllb0urn
except that % lot, and square 80. ~. winch
"a held BY said al instead IN trust And oratnt on
information ana belief, ayers that sal" hOuin n iu-
solvent and said Omscad, though not lnsOlyent 10
narrow circumstances.
The bill concludes by saving that ly the ed IN
dlcalOn OF bankruptcy against jay Cooke y CO.,
the partnership or association which ext tel
between that hrm and the other members OF
the Real Estate Pool was dissolved. and az no
account has ever been rendered by the firm Of
| kilhOurn Latta Of its trust or agency in he
I4lf q fl.stV tufH .,