The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-06-01
/. ''WBEE1ING WEST

W ~ yVu Auoh huy htu6 aOSuS $50
sale Of any L. K. & Fl. $. bonds by Mr..
Fisher2 A. Yes sir.
Q. To whom were they sold? A. They
were sold through Mr.. Blaine to parties
in Maine.
Q. State their names7
Objected to by Mr.. Frye and question
Withdrawn.
Q. Do you know Of a.sale by Warren
Fisher or Josiah Caldwell Of 75 bonds ol
L. r, & Fl. s. R. r. bonds? A. know
Of number OF bonds that were sold, but
l have no knowledge Of any specific 76
bonds. There were a number OF bonds
sold in the State Of Maine. That is all
Of the transaction Of which kept any
account. ....l
@. Can you state whether the number
OF the bonds sold to persons in Maine
through Blaine amounted to seventy.
fve2 A, Yes; they amounted to twice
that number.
@. Do you know OF any sale OF bonds
by Fisher or Caldwell 10 Thos. A. Scott I
A. No, sir; / do not know about any
bonds sold outside, further than those
sold through! Blaine to his friends in
Maine.
@. How much did those bonds bring ?
A. They netted Fisher As cents on the
dollar. g..
Q. Was there any bonus accompanying
the sale Of these bonds-I mean did NOT
the purchaser OF those bonds get in addi.
ton to them stock or something else oi
the company? A. Yes, sir. .
@. For instance, il Fisher sold ten one
thousand dollar bonds and got 45 cents
on the dollar for them, did lie transfer
along with them any other bonds or
stock? A.Ses. t.,..
@, How much? A. Sometimes more
and sometimes less.
@. What was the usual amount Of
stock given rs q bonus? A. Suppose
man paid s50,0O0 in cash for so first
mortgage bonds; he received the bonds,
$1,000 in common stock and $4,000 in
in preferred stock. Some got more, some
less.
O. What was the value Of the stock ?
A. don't know whether there was any
value to 1t. It's par value was 500.
These bonds sold through Blaine netted
Fisher 45 cents on the dollar. Blaine
made the contract for them.
Objected toby Mr.. Frye.
Mr.. HuntOn tU witness--Tell us the
transaction without mentioning names.
Witness-I cannot tell you about that
l cannot tell you the value Of the stock,
because two parties got the benefit OF it
MIR. Hunton-I will get at it in another
way. Mr.. A. comes into Mr.. Fishers
office and buys 10 bonds Of the Little
Rock & Fort Smith Railroad company,
the par value Of which was $4,000: Mr.
Fisher gets for this forty-fve hundred
dollars and along with the bonds gives
$4,000 OF the par value in preferred
stock and 1000 OF the par value in com.
mon stock. A. Yes.
q. So that instead Of the purchase
getting bonds TO the amount OF $4,000
he gets those bonds representing $4,000
preferred stock representinting $1,000
and common stock representing $4,000
A. Yes sir.
@. So that the stock and bonds which
represented at par value $40, 600 brought
only $500. a. There was third
party 10 be paid out Of it, and l CANNOT
give you the particulars without stating
how it was.
Q. Who was the third party who got :
portion Of the pay. Witness-I under
stand that that Is objected TO.
Mr.. Frye-I object 10 going into thai
Maine transaction.
Mr.. Hunton-I am endeavoring 10 us
certain from the witness the value OF thu
bonds, which value here | have got by NJ
actual sale.
Witness-You want 10 get at the mar
kct value Of those bonds?
Mr.. Houston-What Fisher sold tht
bonds for.
Witness-All that know is what m!
books show and what Fisher got for them
They netted Fisher 45 cents on tho dollal
for the amount Of the bonds, calling th'
stock valueles, but taking the bonds tha
were given 10 n third PARTY, then th'
whole neited Fisher $4,000.
Q. What was the gross amount whiel
Fisher got for ten thousand dollars il
bonds-ten thousand dollars in preferred
stock and ten thousand dollars in com
.mon stock?
The witness-You want me TO tell yoI
also what the intermediate party got?
Mr.. Lawrence-What was the cash OIL
those bonds?
The witness-The third party made {
contract with different persons in tn
State OF Maine.
| Q. How much did Mr.. Fisher pay thi
third party? A. lie paid him about a
much as The other one. II my memor.
serves me right there was about Sl30,0O(
paid by the parties, for which they got
Sl30000 OF common stock and SlSG0Ot
preferred stock and SlS0,00O first mort
gage bonds, and the third party was TO &c
$l30,000 land grant bonds and S32, 500 il
first mortgage bonds for his share in tn
transaction. That is what Fisher CAV
for this Sl30,000. ..a.-s-.aa.s-.s--r-'s r.
| THE KERR INVESTIGATION.
Harney not. appearing Today befor,
the committee, the Kerr Investigation
| Whd uulOuihCus
Alex. P. Tutten has been nominated a
Collector OF Customs at Philadelphia
NOMINATED BYTHE rREstDEST.l
The President nominated G. W. Griffin
Of Kentucky, Consul at Apiu, Friendl.
and Navigation Islands.
The Se6ate discontinued the nominn
tion Of W. n Jackson as pension agent a
St. Joseph, Mo, vice Philip Armont
nomination withdrawn.
Mr.. Don Cameron in company witt
Judge Taft called on the President tc
day. .S
Mr. Camston will take the oath G
Office and assume the duties Of Secretar
Of War Tomorrow, at which date Jpdg
Taft will take the office. Of Department
PetersCooper,s Reply.
i New YoRK, May S1.-Paer Cooper i
replying to tile letter informing him G
his nomination to the Presidency by th