The Findlay Jeffersonian. [volume] (Findlay, Hancock County, Ohio) 1870-1881, 1876-07-28
81. sA,IrELI- TILphN.

indiana SOuti:tr kuiiTOad executed
mortgage on al the property that it
then had or might acquire in the fu
ture, in favor of Samuel J. Tilden and
William II. Swift, of New York, in
order that they might act as Trustees
70 negotiate, sell, and account for SO, :,
600, 600 worth OF bonds, which the
company was to issue to raise funds TO
complete the road. These parties had
been recommended to Parker & Wag-
staff by the American branch of the
Liver pool, London s Globe Insurance
Company
THE VALUE OF TILDEN'S NAME AND IN =
FLUENCE.
Before MesSrs. Tildep and Swift
would accept this trust they required
to be paid bonus of $4,000 Ga,
for the use OF their names and influ-
enee. They were also to receive fur
ther fit compensation for services here
arter. Their demand was complied
with, and the money that paid them
was part of a loan of $50, 900. procur-
ed by Wagstaff from William HI. Guion,
of the firm of Williams & Guion, of
New York
SA5IsIY AS A MODEL TRUSTEE.
The so, 900, 600 of bonds of the road
were first signed by William II. Powell,
jr., as President of the company, and
the certificate attached to each of them
was signed by Tilden and Swift. OF
course the Trustees were responsible
for these bonds, but for some reason
unknown they permitted Wagstaff to
box IS, 500, 900 of the bonds and take
them to Europe with him. The other
81. 500, 600 were given to the Liverpool,
London & Globe Insurance Company
to scure it for some S120, 900 it had
loaned Wagstaf and the road. In
1867, the interest ON The bonds not be-
ing paid, the Liverpool, London L
Globe Insurance Company brought
suit against the Indiana Southern Rail
road to. foreclose the mortgage. Wag-
staff in the meantime had disclosed his
real character, which was that OF an
English Jeremy Diddler dead beat, and
had, hypothecated $4,000, 900 of the
bonds to London bank, and the same
amount to Paris bank, to raise means
for his personal expenses His credit
ors in England endeavored to force him
into bankruptcy, and seized the other
81, 500 900 of bonds. He fled to Rus
sia to prevent the completion OF their
plans. When Parker found out how
matters were going, he raised the quess
ton as to the legality of the proceed
ings authorizing the sale of the road
ia 1866, and, upon investigation, it be-
ing proven that the same order OF sale
was obtained by fraud, it was set aside.
This efTeetually debarred the Liverpool
London s. Globe from further proceed
ings. In their dilemma they employed
the willy, erart-, and unseToupulOns
Harry Crawford, of Chicago, as Their
attorney IL the e.ss. He was also re-
tanned by Tilden and Swift, and as
their attorney, be brought in a cross
bill to open up the proceedings again,
on the ground that his clients (Tilden
and Swift) were nOn-residents of the
State, interested in the case, and had
not been made parties to the proceed
iugs setting aside the original decree of
the Court. This was in 1870. Between
1867 and 1870 the old company had
sold a quit-claim title to its road bed
from North Vernon to Jeifersonville to
the o. & IL Railroad Company, and
that portion between Muncie and Eort
Wayne TO the Fort Wayne, Muncie 4
Cincinnati Railroad Company, and, Of
course, these companies resisted c. 'aw-
ford's motion
Just at this point our narrative bears
hard upon a gentleman whom we have
hitherto esteemed highly, but who, if
Nlr. Parker's statement is true, and he
gave it reluctantly, has disgraced him
self for lie. The charge made against
him is this: Judge Patrick Jewett, one
of the Common Pleas Judges of the
Fourth Judicial District of Indiana,
the man who had made the original
order Of sale, and issued the decree
setting it aside, and the man who was
to decide the cross action, said to
Parker 'All the devils in hell conld
not get me TO set aside that decree.
unless you want Ee to. IL you want
it done you can make arrangements
with Charley (tiIe Judges SOM; bat
you must bear one thing in mind, aud
IL you do arrange with him must have
81, 500 down" Parker consulted with
Crawford, and the result was that the
following arrangement was made with
Charley:
ICopy.l
''This arrangement, made this 9th
day OF August, 1870. between John G.
Parker and Henry Crawford of the
first mart. and Charles l.. .JeWett. of