, 1876-07-15

nvr r,,.,y 1,r5rs a 7rrr,n1 nrs1p 1,urr 1Ynurrrrp
T,,s s..eat -. fas,ua- .,ta - fa,r do1s -.
Nv eiens A's,.oAs'' wv 1yp 'e"
Baid to Committee IN NOW YORK, hnvo
hal much experience md labor in Reform"
turna mt tn hnve bnon the man who t1evised
~. ..,.,7,..,. - A., c-,,,;t ,y,1,;,;or
Wv su0Aaue oere11'"' ~, - Wv ~. -.
frnud 1t WILL po remembered tnat TUG
OAKEs AMEs organization OF tho Credit
Aln1,itier VIM corporation within tho
poc;ec pa;1,oa, comnanv. That IL etolo $37..
6oi1 ooo, and stols TIN canital stock of the
conronv. corr,,ntcd n prcat many nconle,
,,1 1o,,oro1;yod nr1,,;e aant;n,ont II nov
aaA u''A"' :. Ps'e .1a,
tu1aS oat tnet tno inB'n'oe" ben'4o't.'n "ao
managed this business, and declared 1t TO DO
elnincutly proper md legal, was tile eminent
s,u tr1,.nrn. vim ia ;ns{et;nr m ncrsnnn1ly
49, - >, t.. - .,a. .n,l:.,
tetor1.'a6 t"!"ea' ~ lao oii'e4n 1opoi'
OF tho investigation OF the tfoult-Moolllef
business beforu tho Congressional Committee
fWr,qo4,s, ,,noa oDp mn 1,nyn thu Testimony
~ -. 80, ". 1,xo.1,ox a,,1 ,>o,.,or ~
u ohlF@A f'"1s' 'a' o4o't4'4 49," i'e' Guy. "
oAA@8 "a, nAI8, VIM WV l's1'A. 141o '~'ssAls.
.''''t sAl"..a'us w" ."o WV p"A.us ,:,
wc.o .,s WORRIED 'y .ee sA'no '"en'-.1o o1eu1s M
a!oo''et h""1o"A9 w '"'
Nens.'y ~. ~. as w., .,r ~. ,n,o,,,.a hv ,,o
ronn.oi ,vho draw ,he rontr,ct lint th,. wa. VI.
| olntlou of law,
AnrsLWc wars Informed bv co,,n,c1 wbom wo
ron.u,ted that thIa ..utnr pf stoc., fto tho e. Nj
| n. n novmcnt nnan Tim contract for building tim
road wn. in cntlro comn,.ance with thu law
| O.-Who wero thu counscl TINT cayo you that I'd.
| vim, ANY. s,ut;yt j. rL1,rs. Mr. cu4n1rs
| TnAey. md 1unec A,try.
| O.-A]l Of rev York; A.-Atl of ycw YORK,
H., waco :{pp Io,u Il A,,rx u,othar ct
| !, ,s:. -..
LEO efeaat'A1opn'ot ol'ef"1o1s' "'S luestioa'
! cd on The Baino subject Will tho result aa
| fol,ows.
Q.-And further, understood you to ray that
you were Instructed by cm!ncntco npvn whosc
| advice you relied, that tle course you took was
compliance with the lawf Axes, Hlr.
Q.-1tsye rot ever scen, or do you know whcth-
cr tat opiujon of eminent counsel fs In existence
nov, ln wrltin9Y Al do not know, l do not
know whether It was given in writing.
u.-Wa4 1t given to you by these eminent counaell
A.-Nr. T,LpsN, IRaotr, told INT That he scearlcd
Il IA a compliance with tho law.
Mr. Consyt1ug 4. BusIrSE1.1. nnothcr o1
.,,a .,,o,.o1 Craa;t .ro,,,1ior ,,nr.oora ,,ov,
.Ao t44".'1't4 @'6o1s' 6"'s
teas!1aouy tp"ge ~ u TUG 'a"5e's "no "u~
oeea cohsulIea oy tno cseol1-aloo'1cr co'u
pany, anu nanes oA1 o. 1Hoas.
| -
recorded rs tcstl9lng:
- WI asx you ea's!son a, "a,sn ,a aaksa M'
becn ssken ly The rcnt)cmcn engaged in thts trans
action In reference to tho question whether thes
contracts and the taking stock undetthem. Va
s"oasaasal coaanamse wHA II tna HoSlslana Q. sa
car ,nsgcr ~ tsst w. wc1o tnforne1 Nv ths hest IL
mi talcnt a. we supposed, tAat We could do 10
and sha. We were complying with tho terms Of Ii
law ~ ,,. .,
~ a eon.rl ~ e,cnce t tss sac, ,bat
at tlo ti1av Of these trunsaetons, ha gave you m
aucn adylco, Alt my opinion that can.
Mr. HoAH--fon may or mny no1' ~ you please
nasnc Iu ,aJ s,scn unn that %a sa,ni"n " '''N
wITssss-1 viii name several cent1cmon who,
! am prepared to sny, advised us that tho cours
and d safe course for ~ to adept. ! win nau'
I1@es. uLasrsAp .Es y Co.. .! new aotx. ~
Of Of ths ] Cont Of Annrals in Scw Yors, VT W,,.,.x