New-York tribune., 1876-01-31


sDpenrs to nave been IN OctOD'r. ,,,or oe reIeaso
~ Do Won reculicct at tho tine Wlether ibeI ibe ~
NJ stoctvelIi a. / in California lIci' luz '@A
foTn9 1, on V me Conossoua Investigation then taken
o. Do Ton recoect while at meeting OF the dI'S%,oI %
rood CorDUany in favor OF Stockwel indiNdiIy NJ
hroughi NJ VIII tne Pacific Mall Directors ul,C
haJ Len r.a ,.l on tue books Of that company -
q" moi Mr. iousi on called my attention aitE % Td Vs
rom California lie fact OF oheIA u. sn tsd pTesi-
.l,ink very "a. II .itsr returned Wa iSfb
Int of ne Panama i;al Old Company ana on u tuo =, si
q ~ w v.rv on after my election, went 70 ,b
f,rna ,n very soon uttcr my return IN eussiut
inyesti, tGt lad been golns on ottcnton
I'm W sbgt N ana b. the Board, ne called iy H,',iT,es
~ tbe taci ol tla check Of $4,000, ana Tue luI
that Lad been made IN regard 10 H. % a., p,ciAc Mail
,Xa, l0r, i % teen eli ct tncuf A. certainty ne.
,nly 'tnat but the vacancy Lad been in''"
r m DO Won remember that Mr. socEwe am2n9 I we HoT Te
odItes 5eiJ ls ' IN ,so deed upon Howe sewing
machine COMPANY N bridgeport a. h'o' 'S"a' "'
1 understood d.
MR.. srocxwELL's PRETENDED sALE OF STOCK.
O. Do you remember new agreement w"s ma"o o'
which that 80 be surrcndcIcdt a. hy recoAeou'n
IA mis-: Trss some time before the mOntS OF May
should tk.nk-Certanly balofc the month 0i nay-hes"
tAtiois had been lad for the settlement oi the u"'
enees tten existing. 10 far as kne" OF hc"rd o' tae'
batwoen xr stockweii AID the P6cih0 MAI Htoa'''hP
Company .ssso dferUaocs understood N be 'iSt 'he
Con,l.szy Lsl1 tEink. S6VOOOO balance due on the
.ertain as to ngule,; my impression il at the fret
mortgage wa l,-VCCOJ, to ue pad 10y iusiaiuenls ef
100000 each ! tAuk m~tulneuls hW 0trh prev,
)usly paid ca .ng SSJJOOO ana nr Siock"tl deia'eu
n the pa, ui %. -e Company claimed against MI
II TnOrrs o, ut..u- repair certain ships that had
otn pu.cn"sS ID, INC oi,l,nS ,n sU, i iine Those
tne ou.s d,ts % difference lhht ielueIner ';
rLe facts, os e" Iem IRON hoth parties, were ts.
Il some t.. urf..e lad an! tuug 10 DO with elmer
,ompauv. i.t Vu.r IHcfC NJ II stock was up 10
rsr OF ut0,t nc Company authorized him 10
.gn
At rar: that N.. spclvell, immediately after the vote
,.s ,,t ,u d e Bonn, ina the stock sold
It par ard Gay tney returned cae, ks tor the
aGi0aut. T.c C,ut.uy owned d certain amount or
Panama stocA, ald N'. stockWcH had called up" me
IcrFrailcnt TO-. >u.eI tvd-Ner TO him TINS Panama
stock Whn4u, a.D vote or hhowied@e,as uhdtIs'"0u
H. ot tie diicctor' ana e'plhucd To pr hel2"s, ,ne
treasurer a t. te LAT 40 wanted mat STOCK 10 laI
N. soch t-t te ""d ''Iolt,d as halhlg SOFA, out h
Cact hal SOFA, l}.a- reason Tor h"NhE ieoried
it a., sod t,ai Ae DIT ~ want TIE public IA under
stand tl1t ticr "as taat amount Oh e'och tno @
wac liable t. Dc so.d, Uccau3e II "OUh put we
market down. Ia ,tcA went down below che huhored
he brokers .i "a a.. On Inn Tor m3igil' ana ne
Bellows, vitu l acuun ot the Goard, delivered tne
Panama st0c" IA". Sas beoie "'u "9l tuius ~ u0
with IT, Iho t,a.it Cut irom hOth pnt es; -.
q. 30 yOd niAc.otr MAeh Nod oDt.uued this n'sto ~
N u: nom ho'" esi A. sono I,iS % 'io
O. bM stucAoen reveal II to lou nis,i \. think so {;
an c,f,u "cO.t tnt may nave eot IL liom some
g. D'd he a. yyar advice in regard to ti \. He did
and ad,iso h.u Iu .e-dri to # alter II was discOv
sroi t,,at ~ l. noss EI delivered this Panama stock
some tline ait 80 o.s delivered, mean. tue dtoctors
called NJ. s,o,NW,,I a. aH account don't Ano" "heh
o. mat WAS after ycur clccl,onl 4. Nc; before my
tine THIS /, W.ai hc...d Dad hdppencd.
6, Th.s ,tat,iI.u; vas made sou before your cleo
uonl \. Yes. s;oc"wci settled for tils fanaina
stock ,t Lc Aai cG' ou ny Eivns ths norl S"se 70
secure his NOT " ,n, bIdsctoit 1lopoly' "a I'D T'n tn
no se win; Mie"ue Company gave their mortgage
MIR. PA.Ks ADVICE 10 Mr.. sTOCKWELL.
O. That agreement dated oct %, same y art A.
Iwas not Ia about dsrooucnts was talking about
his mortgage.
. untvs, dated o.t. -. 1871 4. No, ii was dated
oaiors ind any ,ius 40 wh tto Company; before
anew NJ stocAw.lL Mr. stockwe claimed that he
.bou'd not be the loser from this depreciation #
stock Tue COM auy claimed he wac stopped
having rcpor.cd the sule from denying it, No 1nes-
ion arose as 10 tho ic-eiity of the mortgage to
secure tho iud ,idual debt or tir. sockwel. Those
sc,o the Two Z, .tr u1s that Mr.. stOcAwcl advised
Nils c"In.'L W. .c rcIout was tue counsel Of the
.onpan, IL tAat ,.hc ANA don't know Dut outseli
.undiue Nj. .,suutt }. ludJ Wa the Putatllu '
.rNentgi tseh los .-,eh and II %as oI tlat S q,eSi
D. thai question d'd Gk with ulneitnt uIe' iors;
.rn,y f,in.i win iT. iiatcti, and MI. sage ana Mr.
'th 1 tt,uk. 1,.ci with Nr. AtNaudic. ana more
"a D5.lus MIA ig..Ud Nerc these conversations had
=. Sttrr'u tae tm'utou u4 -iaiyh Iet' avg Nll -
Ic ait .uoiG D.uISt ~ Nh NtocA"e 90 recover
th- diG GGou,U 0tte en- to STOCK al par ahd VIVA ne re-
,,.cI ia: bu. IL Answer dud compliant did n)t
foua tie -su,, .snI,, mcn AN agreed statement 9i
IA, q, should Du mai u .d submitted 20 Tie Court h
70 a. A. 10 W. VIZ sc-oG was tbs anlcabo suit nst
taIIf A. ,I,nt Auow Who nist suggested it. think
80. . ~. ~, ,.,-r,; body ciiueoied with IT,
O. N..I anon, Inc 4os,i =. Ies, Sr; weni down at
s,. .,@ -ol,i,. 49, ,1uAwc talaed with Mr lIatcn
lbru. i 1.c icrD 81 tie board seemed u De iidt h
utr Hueu,ai ,OIuipu tncy iad better have smaller
Wraey t"Iu 80 h"rc lar ger sum az lhe euu %
~ fAp.4>.Yv aHi toApi!i ptiS ttOh Hiu olhioh' ul
.cIv,i a.. 10 the lc-.y OF .r. st'cS%eio cln-wheihcr
q WaiIc tl-sc -",r-t0.s wrie gong on II W., lug
dor't know ~, not 10 become director
,H ''i'.'''' "u VII" a. ''''' =, , 80 -, 49,. .,t
person WA1 nt H1-c CI ~ eec10h rV""e " io "''"
UcAcap' ir' ii@''., . ~ ~, no.. ,,o,o ,-. -. I
know Nj il4,cA old r'I"'.'s somebody elae diI. -
a. Da.us t4is a. ~, Iir. stpooWcI adtiscd with you
,roUghi 10 the .snc ot o.o,A"ch hy Mr. Barlow :;
te'ccd up,n statement oi facts. dont
5T"@1tias 'Ii "a rci, g and 1T the referee G,cide
II 20 s,eJ UucIil"h, ana lei illt ~" pt"Ie
che C.ui 10 b. lao-cl "a. on ihiri ttf 50 udi ueio
admitted tucrD "us s""c,A.ng due the COMPANY say
tbide by tDy ritc tero wtrr assuraIces
tnat tEc luoavJ s'0tHd CON" II Ju"s'"rl't vas
rendered.. Tden IL. I.trcpoA', a. .'nd IT, OF
sltucli5i,s nom LO-iD. Iae Board, dm'titiOod'
ieeiued 10 inst act "'n Lteal7 th'! tIjh VAN II 10
BrpaaY upon tie tcc5Id IAcro tLC WJtrr stO"d utt
ths cement w- made, which resulted NJ the ,rtie
q Nov, time Oil nj you rceaId yourself
St"ckNcHt y. dOmt AEo" 80" was Known Ihat J
sanuOt answer. "A Ow IltstrIcd Mysci n having sd-
yscd VIA hun Al Il sad 10 H. not nndentaiy because
refused Oartcp' any iVt''hI' nav hot piatt!'Su
inv accepted icti nei iof ser ien y"fs ana D'iI
coud 10 TO gee sot,lcm M would do Inc adYce
gave w0ulI gI,e asd8n 30 .'y. .
81 friend and o: Mr. stocbw, ord OF thc Pacific
M,l COniInst -. No; tLo Company ddit a@K my
10 What ouu Wo l1s4t AHA tnc best move 10 OH
pose OF H. ana nd a.J ,sa,on WIN tie 81
them on 10 tL N..n t44-. toil mem wat naJ sd
yoed Nj stockNci auI N.at ,.onght "'s best.