Marshall County Republican. (Plymouth, Ind.) 1856-1878, 1876-12-14

plan OF organization, aud the several acts above
referred to. there remained any surplus
cess OF bonds or stock in the possession of the
said Purchasing Committee, or under their con-
troll or in the possession or under the control of
the said defendants. any either of them
rs members of such committee otherwise
and ifso, TO what amount of each of the saiu
various cllsses of securities, to-wit First mort
gage bonds, preferred second mortgage bonds
income second mortgage bonds, preferred stock
and common stock, and what disposition or ap-
plication of the same has since been made by
the said defendants?
QUESTION NUMBER FIVE
whether not the said defendants ever re-
ceived any compensation for their services as
members OF the said Purchasing Committee, or
| as counsel thereof or otherwise, in connection
with the reorganization of the ST LOUIS Alton
x Terre Hsule Railroad Company, complainant
herein, and il so, to what amount in each case
and wheiher such compensation was received By
them in cash or otherwise?
QUESTION NUMBER SIX.
whether or not the said Samuel J. Tilden.
or any one Tor his use, did, at previous to the
time OF the reorganization of the said COMPANY,
complainant herein as Aforesaid, receive, or has
at any time since received any compensation
whether in money, bonds, stock, or other WISE in
addition to the sum OF $4,000 paid to him in
pursuance OF the resolution hereinaboye re-
ferred to, of the said Purchasing Committee. at
a meeting thereof held on the Sd day OF Noyem-
Der, 1862, for his services as member or coun-
sci OF the said Purchasing Committee, or other
wise, IN relation to the said reorganization
and what was the nature and amount of such
additional compensation, If any, And whether
or not said defendant, Samuel J. Tilden, had at
any time OF the said reorgan izaion, or has since
had, any claim or claims agains; the said CON-
pary, complainant therein, other than those
arising out OF his services us member OF said
Purchasing COMMITTEES, or as counsel thereof. or
of the said first and second mortgage bondhold-
ers, and II SO, what was the nature and amount
of such claim or claims, and how they were
satisfied, and what amount of the bonds or
stock, or both, OF the said company was ISSUED
or paid over to The said Samuel j. Tilden in ex-
change therefor, and when?
QUESTION NUMBER SEVEN.
whether or not. al the time OF the reorgani-
zation of the ST. Louis. Alton 4 Terre Haute
Railroad Company, as above stated, at an
other or subsequent time, there was issued or
delivered to or by the said Purchasing Commit
tee, or to or by any or either of the said defend
ants, or to or by any other person, with their or
his knowledge, approval or consent, $500
shares, amounting, at the par value thereof to
$4,000, in excess OF the 20,50o OF such COM
mon stock, amounting at the par value thereof
to s2.o5o,ooo, authorized by the certificate of
, incorporation OF the said company, or the reso
lutons of the Board Of Directors thereof, as
herein above set forth, or any other number of
shares in excess of such amount; and il So by
what authority the same were so issued and
when, aud what disposition or application has
been made hereof?
ABOUT THOSE COURT EXTENSIONS
With regard 10 the adjournments procured by
the Purchasing Committee, il may be stated that
the case was commenced at the last February
term Of the court. Judge Sinnott (since ap-
xx.,n tad H. ID H. =
Court), the attorney for Mr.. Tilden and the Pur-
chasing Committee got two extensions which
did not, however. cover the time to elapse be-
fore the ST. Louis Convention; but he could not
very we'll ask for third, which would do so,
whereupon Mr.. Bagard, another member Of the
Purchasing Committee, hired counsel on has orn
account uho asked for and receired an ertension on
has orn jehalf naming the LIST Of July 10 be ready
thus coverag the time vhich Mr.. Tiiden ,rished 10
haze tided oper. Mr.. Bsyard, it NAV be here OBJ
served. IN conversation with prominent gentle
man in Wall street, stated that he was very
much put out by the adjournments, as he want.
the case decided
The last extension was consented to BY the
complainant only GU the condition that the
taking of proof should commence on July /. and
the case be ended at the October term, so as to
be tried in the Equity Court in February next.
THE vIcrINIzED STOCKHOLDERS GET A REPRESENTA-
TIoS IN THE BOARD OF DIRECTORS
After some Intellectual attempts on the part OF
the stockholders to Dust Tideu L Co. from the
direction, the Board having been classified under
the laws OF Illinois in June. 1875, the stock
bolders managed TO gain a fast hold by the
election OF Thomas Denny and John 3. Barnes
and these two gentlemen. with Mr. Vim. b. Gut
ting, were appointed n special committee to in-
vesiigste the matters 20 which we have already
alluded. In July Of that year they asked Mr..
Tilden for siaement This he refused hut
promised one in Noyember-right after the
election; and when the committee threatened
suit, Mr.. TiIden told them that they would be
turned out of court in ten minutes The COM
miitee then proposed reference 20 unbiased
gentlemen who would. presumably, throw them
oat II the court would but this Mr. Tilden also
declined.
TrLDES's ANSWER TO AN APPLICATION FOR
STATEMENT
The answe. promised for November was finally
forthcoming in February. This answer, to the
surprise of all concerned. claimed that Mr.
Tildeu had rendered eminent services to the
Company, and took various other grounds in his
own iavor and il was loudly greeted By some
of his friends in this city complete refu,atiou
OF the charges; sbut the COUNSEL to the committee
declared, on the CONTRARY, that il was no answer
a, all TO their specific charges, and thereupon
suit was brought
TILDEs HOLDS ON TO THE BOOKS.
This Special Committee has endeavored TO get
the books of the Purchasing Committee, and
have applied 10 Mr.. Bayard Tor them; but thus
far they have been unable 10 obtain them, Mr.
Bayard saying that Mr. Tilden has the books
and refuses to deliver them up to him.
AN ASTOUNDING ADMISSION.
Mr. Baya.d has stated to some members of the
Investigating ommitiee--and. we believe also
publicly-fhdt there rere some securities dipided up
among The members of the Purchasing Committee,
and definitely that l32 900 bonds scere d.rided be-
treen the four members OF the committee, Of phick
Mr. Iiiden got one quarter. MIR. Bayard has also
stated that the bonds which he thus received he
has kept together ever since, and is DESTROYS TO
return them aud have the matter amicably SET
tied; but he has deferred doing an thing up TO
the present, leaving the whole matter, under the
ddrice Of Mr. 7iiden to be adjusted by the courts.
'wHo WILL SHOW THEN ANY GOOD"
Ali efforts to get Mr.. Samuel J. Tilden 10 rem
der statement to the St. Louis, Alton Terre
Haue Company, as TO what has become of lis
missing bonds and stocks having failed, the
stock holders now ask II Messrs. Bayard & Butler
and he other gentlemen who acted with Mr.
Tiiden on this matter, viii, not step forward
aud give them some information regarding what
they consider an unwaranta5e appropriation
of their ufoDerty.