New-York tribune., 1876-02-02
PACIFIC MAIL DIRECTORS.
,,cs,O p,vJFp AND TAJCOTT EXAMINED.

X,poopc pAyTER AND TAICOTT EXAMINED.
nowrps or THE EXECUTIVE COMMITTEE - THE
cuAIIIs sUIT-How MR.. BAXTER OBTAINED
MODIFICATION or AN NEUTRALITY-SUSPICIOUS.
IN PACIFIC MAIL sroCK-TEsrIMoNY OF l. L.
TALCoTr-A MEETING WHICH THE DIRECTORS
AGREED TO Fo GET-sIR. TALcoTTS RELUCTANCE
TO ANSWER A QUESTION.
The testimony of II. Henry Baxter ana
Fredeiek L. Tacot former directors in the Pacific Mail
steamshIp Company taken yesterday at the DreNei
Huding before Edwin NJ. Wight, AS commissioner Tor
use In the Companys against Wm s. King ana John
O. Schumacher. Mr.. Bakers examination w'.S oi con
siderable length and great thorougHnosS' MI D""''
plying Lin with questions rapidly and Win S'"o0'
pause Tho witness stated that be was uiIeo.'l in
1871 and WAS reelected In tho Spring OF 1917
he went South III the Fail OF tno year
ana cent in his resignation before he went away For
time in 1871 ho member OF the Executive COM
ottee The members of which, he said in reply 10 Mr.
genpots question to thor dGtes conducted the DUST
ness Of the Company in the absence OF tie Board MI
Bennett questioned him as TO any additional duties they
nad more than tie ordinary directors ana repeated is
question several times tho witness replying that they
had additional duties. but claiming that he did not
know how TO answer the question any more fuLy thah
that the Committee met once week to transact any oS
ness 10 do and month the Board met ana
read over and confirmed their acton When asked II the
Committee had any power that the ordinary director dd
not have he said he did not know as they had' Ihey
had no authority do thing that the Board had not
the authority to approve or reject HedG ho' unuc'
stand that they had any power TO do anything WIN
view to Ia suits that the Board did not have
Mr. Bennett inquired in regard To Mr. ADcrcronoieS
resignation from the treasurership because nc was re-
o,ired by the President Mr.. Stockwcl and by the EX-
ecutive COMMITTEE sim check which he felt IL was
Improper and violation Of his duty to sign but MT
Baxter although member Of the Executive Committee
at the timo did not recollect the matter and oven
when the minutes produced showing MN
TO have been present, he insisted that thty
did not refresh his recollection. Ho could not
remember that the following meeting OF Ai IL Inc
Board OF Directors passed special resolution regfctlhs
the resi- gnaton and appointing Mr smith III Mr. ADer
crombes place In fact he didnt think nc was present
OF that meeting. Do you remember" asked MI Ben
nett "during the administration of Mr. Sockwel wh!ie
you were director. that any efforts wore made to OBJ
tain subsidy in Washington A. 1 do.
@. Do you remember the fact that any one was en-
ployed by the Company an agent in Washington 10
spcntend the proceedings thero in ala oi that SUD
sidyf A. don't KNOW from my O"n knowledge. 81,
O. At tEat tne were Eldteogc ana nv aSe MS VI 'o
o Did YOU hear then. that Mr. Irwin was recalled
from san Francisco, 10 operate IN "asnS oh A. uu
o. Did you know that any employet to operate
IN Washington in connection IA TINS SUBSIDY in 6elal
washington in the emp Of tine Paolhe Sia Com
pany on TINS sn6Sdy 9es & cT S,r To nSI s be % sm '0
Q. And you know ho was there for tiat puIlosei a.
heard the aSeat OF the Cohpily' that s
O. Had not resolution been passed by the Pacific Mail
Steamship Company auinof ~ zng '9e paS 1 e o. th sb
seyt A; Not 70 any knowlelgo. - ,, ;,,., l.,
wsshn@ten were You ami Mr. socKwo Interested t.
gctber Ia SPECULATION III Pacific Mail s'och' 4. don't
@ Did yoa depend upon the information that you
obtjned from Mr. StOekweu as TO whether y0u should
buy sell Pacific Mail during this periodi A. id NOT,
9 Did you depend upon ny moIln;tion a., %lcn io9
have received directly Or indirectly.
q. DIDN'T You that the success OF the asenl al
affect one way another the stock in which you were
then spccalangi A: hal my opinion as to Ihe value
action being taken at Washington or elsewhere. j am
n9t aware !nas wn a. g of G st in favor Of
Mr. Chaliis a.anst @ Company about thai timer n.
about that tIme 10 NC know largo owner OF
tie stock at tat time.
Mr. Bax er wanted 10 explain all aOout tie suit but
Mr. Bennett would have nothing bat answers to his
questions, telling Mr. Baxter that no could explain
ct the en- Of the examination Mr. Baxter
WINS a little annoyed by this. bit finally Mr.
Wight with ONE c urteous DIS, smoOihed mat
ters and Mr. Baxter answered tie simple question as TO
whether he remembered tho nature of that sut DY say
ing No He said, however, that bo did make an AFFIDAVIT
to Judge Gilbert in Brooklyn IN the suit He admitted
that lie advised Mr. sOckwoll rola tie beginning Of
that suit to its cose When asked II h was The nsrl
ment in tng the suit he said lie not and Cid not
think himself delivered the papers which 90 stiued
the consideration for which tnai saIt was settled
DO you remember was he next question, meeting Mr.
Chaliis tie Fifth Avenue HUiei aud delivering nun
pnts on severa thousand shares Of Pacific Mali st,ch
"Ehose lusf' was the reply viii get 10 thai Sier
awai.e, said Mr. b. nnett-do you reme-nberf a. do
EOt. 49, t.. , ,,,,
q DiG you participate at all III the settcintbt oI Ihat
O ID d You Snow how it WAS settleli A. No, Sir.
q DO Won know what was x ven settis itf A. No.
q Didn't you meet Chal is ana Judse falerion at thc
Fifth Avenue Hotel A. met judge tuI.e ton ana 4ir
Chsiss oiher lawyer there, and Lad Win me judge
Nolson tie attorney OF the Company, ana az bis request
Judge Nelson making the effort 90 settle H. =,
am aware i was sestied but ba,o idea. heard tnat
il was settled uy puts" but never aw them.
@ MIR Nelson thrn l rtner OF John G Schil-
maker'sf A. didn't know he w-s Ionly knew be was
an attorney for Gle road =. e,
q. Didn't you Gnow ho was partner of Homer Noi
sonf A. No. Sir -. ,..,,,,,.,.. ,,,. ,o,.,,
under that suits A. think was
O. Don't you remember Juuge Fullerton asking Mr.
an agent Wasli gtOnf A. was n'1 present w"'h
Mr. Fullerton examine Mr.. SiOckwell nr any bo1y else
YOU Are you sIr ndn- any money in WasA ~ t1 u get
ibis bill plssedf" A. | dOnC nab r. and II II Wa
asked don't how answeie' H. nor whc,bo
Nh Irwn's mentioned duIias hy examination
ask tDsqu stio. do you NOT know tha, tH't st
OF Inony tat was ten being paid Washington 10 OH
tain this Isidyf A mover heard oi ins OF the
O. DO you know how much the settlement OF that suit
cost tie Pacific Mad Company A. 90 iOt. -.
@. Don't you know IL cost the company |" iaRo
o. Don't Soa kpow the only issue of fact in that sut
was whether not the Pacific Mail were paying money
o. DJn't You know that If 1t could have been proved
that tie Pacnc Mail had not PAID money IN Washington
that suit would have falcdt A. believe tie SUIT was
brought 70 pot down tie pIice OF fasiae d h ,
q 1t dId have that enectf A IL did uhth inc hJuho
@ DO you remember going over to Brooklyn to get
Judge Gilbert al IL OF I o'clock at night.
@ Why dd you take 80 much interest IN having the M