The daily gazette., 1877-09-28
September 2S, 1877

GREAT THIEvEs.-The immunity with
which great populations are now committ-
ed has finally aroused the people % the ne
cessity of looking after such scroundels as
Morton, Huhn and Stokes. These viii
lains were arrested on Wednesday and CIV
en- hearing on Thursday. Morton was let
or under the exceedingly light bail of s1o.-
600; Huhn was required to find bail in $780,
600; and Stokes, the Secretary, who knew
all about the fraud, and signed the fraudu-
lent stock certificates, was released without
bail, ~
Now, 1t is said there is no law 70 reach
these consptrators and their CO. partners in
the swindle. There is just as much law TO
reach them as there was to reach Tweed
He too said with supreme impadence,
what are you going to do about it" Tweed
thought his millions would save him. But
fortunately there were some lawyers and
judges in New York that he could not buy.
Morton, HUM and Stokes would not stand
a chance 10 escape the laws if they were
poor. Geo. NJ. Vickers, Morton's private
secretary, has also been arrested and put
under S5O, 900 bail, with John r. Nagle in
lihe amount. These men have all employ
Cassidy for Morton, and Mr.. Heverin for
Nickers Nagle & HUM & Co., were firm
of brokers, HUM being the Treasurer of the
Railroad Company, influenced Morton, to
make Vickers his private secretary, Nor
ton pretends to be very innocent, but it will
be difficult to make the people believe he
was so great an ass as he would have TO
think he is. Thus The conspiracy was FORM
ed and the great fraud and swndle COM
menced. Every one of the IL 900 shares of
stock were counterfeit and John r. Nagle
& Co.. knew they were counterfeit the
brokers and bankers knew they were coun-
terfeit and where this knowledge is proved
the stockholders ought to be no more legal
ly bound for them than bank would be
for an over-issue OF notes or forlcountefeits
Strict justice should be meIed out; if it is
not done, bank presidents, cashiers and
clerks may go into the counterfeit business
and issue notes to any amount. Morton
turned the States evidence and testified as
follows:
Mr. Morton was first sworn and examined
by Mr.. johnson. In answer TO questions he
said was President of the Market Street
Railroad from the year 1868 until last Fri
day; there were 900 shares of stock legally
issued by the company prior 10 the year
1870, the par value of each share being $50
According to his best knowledge there have
been issued since 1870 about IL 900 shares OF
stock over and above the legal number. =
These fraudulent certificates of stock were
signed by himself as President. Huhn as
Treasurer, and Stokes as Secretary a
number of them were, however, not signed
by Stokes. He SAID in answer to a direct
question, that portion of this fraudulent
stock had gone into the hands of Nagle.-
The firm of Nagle q Company was COM
poeed of John Il. Nagle and Samuel p
HUM and the way Nagle got the stock was
as follows In the fall of 1878 Huhn and
Nagle came to him and stated that unless
they bad imm mediate assistance they won id
De compelled to make an assignment for
the benefit of their creditors. They said
that if he would extend them assistance 10
the extent OF 800 shares of Market street
railway stock they could pull through, re-
turn the stock and pay back the money
which they had obtained from the compa
ny's tire sury without his knowledge. That
issue OF stock was made, Nagle and Huhn
knowing 1t 10 be fraudulent, and il still
stands in witness name, and is now held
by Charles II. Mullen, Of Carlisle or Mount
Holly Springs. This latter named place
is IN Cumberland county, Pal
Alter this first fraudulent issue of stock
the demands from HUM and Nagle became
frequent. George NJ Nickers also made
demands upon him in the name of HUM
ana Maggie The last issue of stock nifty
shares) was made on the lith of Septem ber
1877, 10 John K. Nagle himself, and was
MADE over toa gentlemea on Market street
below Ihird. Nagle stated to witness that
these hity shares would tide him over the
fall, and when business became easier he
would begin to return the stock and the
money ne obtained from the company.