New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-01-01

Covering attorneys fees should have thought Il would
O. Can YOU state from your recollection TIE opinion OF
the Executive Committee TO the amount OF money
SaiSSrsa 70 1h be sSsn a sn OF so
Q YOu don't recolleot that the President named any
O. Who we're present at that meetingi A. My i'm
preston is that IL the full Board . A.,
stSckweI by any members Of the Board rs TO bis OBJ
jet in prIposing Inc resolution tn,hk M n u,s
of the hsire and t- that was talked of, al
though defaite amount was stated. po., =,
O. We're you present OF tie M eting OF the board OF
Directors that m ute was presented for appro'a
O Was SiockwCT PRESENT. A. think 40.
q WHAT statement made at that meeiingf A.
To effect Of the imp rtance of obtaining me 81
and that the Executive Committee had passed thls re'O
@ Was any amount statedi A. / tlhuk not.
O. The statements were Substantially tne same Us
thuse made In the COmmItteel A. Yes. BIZ -,
O. Aud no further intnatIons 40 lar "a you remem-
Der. gvoa tue Board OF DIRECTORS IN respect "
tue n1unt tina wOul 10 rc1ur1u No, SIT ~.
o Was there any report made daring your c.nheol9u
VIVA iho Company OF sue amOd1t expeuded " o'ooN
O. Did You ever knowi A. No. Sir; only from hear
O. You never knew OF any return made by Mr. sock
wei to what money no nid rxpfndedi A. NO. oT.
O. Was there TO the Executive or AudiunS OOun''''
so YOU know A. No. Sir' ,,..u "a ,or ga
@. Was there 10 any Oincer OI tne OomPah'' 'o i ~
O. Was there a personal statement made by Mr. Stock
well to you member OF the Board Or othor"'o' no
O Did Won know Mr.. Irwnl A Not at that time; L
have seen him; 1 knew hun ~ DO representing Vno
O. Did ha ever make a statement to YOU as MEMBER
OF thp Board. to what Was costing 10 s9' 'no Su
O. Theo neither from him nor stOckwe did you learn
the amount the Company was liad1 " pay Ut hai pau
o, 10 you know anything then. about the disburse,
meats made about that affair at WdShlnRtoA' a. iW
O. What is the duty Of the Executive Committee A.
To receive a part OF the general business OF lne Oo
pany aud take action for any necessary expenses "
O. How often we're the Of the general expenses
OF ine Company made 20 tine Executive Oohlhi''oo' n
| think ABOUT once In three months - $500. ,oo,,,
O. Tnen all entries t1At appeared upon your uooh'
tive Committed A. They were presented IN the lorm
OF a balaucesheet H. the COminittee
@ Tue books OF the Company shown 10 us yeSt n
exbted this state OF facts Jan 49, 1872 $4,000
was paid IRWIN Feb. %, S0OJO; on Aprii SjoVoO
on May TO- $4,000. and MAJ H. $4,000 nakus $4,000
Why dId nj tne Executive Committee, upon those t&-
mDs TO them. inquire for what reason those arg
were paid IrwlIl A. Edrdge & irwin were tue o4n
Francisco agents, and there was DOulnS eNrdOruhsy
III their having sums OF money to thelr account.
O. You know Mr. Irwin here frOn the carry part
of January until May working on TINS business and
would attract some attention As having Deeh
paid. Tuen came tue large entry Vi S,oooV' o pi5 80
That was certainly extraordinary amount, ana no ll
qury made A. nave no reoVIecuou VI 'n''
O. Mr. stockwe remained in office until April. 1873
A. Yes; went out then. 49,.
O. During all those months you were member OF tne
Executive COMMITTEE A Not all those months; Irom
o the accounts were submitted every three months
auu inquiries made, far as you are aware Oh
these extraordinary amounts mat were pad-not oven
the S75OOOJl No. Sir the accounts were submitted
to auditing committee APPOINTED TO examine lhen,
and 1t expected the Executive Committee wOnld
20 behind TIC examination vi the accounts made ny the
Auditing Committee. NJ,
O. VINO constituted the Auditing Committee ! A. Mr..
OsuOru-I cannot remember all Of them
O. Dad The Auditing Committee report all these Things
as UeIug correct A. ported 20 tne Board.
O. Any exceptions made 10 any Of thon, so as 70 cav
the Executive Committees attention to themf a No.
,-...,, T..
O In the light OF things they row appear, doesn't 1t
seem remarkaUle that those things SHOULD 20 on that
Wayf A Yes Sir; thiuk 50 myself
q The tact is you didn't know anything about IL !
o. DO Won remember whether this s750,000 OF May "a
was ever brought your aItentOni A No. SIR; III no
O DO Won remember report OF any reference to II by
tho Auditing Committed \. No, SIR
Mr. Niblack-YOur attention was never attracted 10
the expenditure Of these large sums wle you were
mi A ~