The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-09-23
A MILLION DOLLAR FRAUD.
DYER TSsTE or STOCK or THE WEST
THILADEI PIIII RAILROAD.
str John =. Morton. the President. Acknowi-
.dsing his Guiii nnd H-sirn'rg his Position
The Stock Tumhi,ns from $50 60 400
A, oid aud Prosperous Company shaken.

It, l1..llt md Faa
go. ,r,r,,,,,r from, $50 10 400
An o,d aud pro.percu. Company shaken.
NM, Sor, % Sincc thc dnv
ill," .'''' ~ 49,, L. -, hi. u,o.
JaY ,',N' ~, WI r,,usl.i,hi. AMI
cstll 7hi'h'S UT ~ ~" : '"''" 'i"'"' "''
Washington, IuiWu'lihia uuah 'lhl' polit'hl'
' ,ir.i,. hnva NOT b,rn 81, disturbed ns
nm" ~ 1900 A., -. 4, a.,
Thick kani last on Third street crystallzed in
A. ,,t..,,,.,t tunt John s. Morton grand
wv s'' a.. .t,.,,,rs ~ ,ha Do,,sr,.
ecn oi ono ol INC t'tnlN W INV io"'ni"
,nn NJ IuJrp uien'e. AMI President of
~, N.,tm Str..t Railway Company and
of the rOrmanon' lNhln.t"n Company was
..s,.,.d l.s pro,idcn.v Of the railway
hnd rN'-"'" us ' "
company. wUrh lNi ''h ~ hu ,''ssiui uhi'I
80 management and had frankly confessed
l.,i,,. mani, nm ,v.~.lssue of the
Tue -, a., ,'..t,,. o1,,,,. ,,,,,d
eto' 4 ~ NIs 'ohlNhN w WI" N"lue h'"'N' S'"''u
Isl 0nOO1U' and Ia excess Of the 100000 al
,a,,,J lv l,r soon utte- the Stock Board
loNo' 'f '""' i
Of nrl 70 ~'vid nj ihW something was wr'hk
with i.. W.T. phiMdclphia tMarkei strcDN q
. r,re.v fo,,r,,v for IL su,ld.niv
lAs' i-'' ''''."" ,','' ~
drorla .rIm s'l" 10 sllO share. when the
Pei. ~ .., lso.omr 4, nerai'y known among tho
49,. f.,rf, mo law th.. a,ock WINS orT.r,d
oro"''-' '"''' '' ',0 "', '-' ~" We
.,,,r r..,.. rf- nt stil h,,..r figure Ono hum
-. 80, y. .,y.,r.l ~, 40, or1 .co ,vos a.,
, -. 4
I. .jn. flo market value. MS quoted by their
% ,.,., st-t n.y. si,,rs for ,b,. nn.,
.a. bf.,,ly was tbia e,oak es,aomni lr
in,. s,.,rs tina, il WAS very rpr.lv nut M in the
marhc. tn. .runs qu'niy. al VI 'utin lu' lr
o. is1fth,r,, ar only twoiluutl, ia which sll,s
vcr, nttc-n uunry, wL'n Wns $ M n
small loi for sl3j pr shm amt ~ March
day tier, WAS hii Tot Sniue :. .',r'S NJ sl4s per
thar". hui $3.50 war asked r. w T, Vr's
shar,~ sold y.rt riay ipr 81" per sharr. and
but nom VAS sold ihe holders wanting a mu IA
higher fiSurc. .,..r. AZ
ton had RESIGNED the, ir'siarn yof the rond,
fnd that Mr. Samuel Bgngn had been elected
President in hs pln -. Mr.. Bai.h ~ on OF tue
largest stockhOdrrs ~ tiic company ~ prhS
generally understood tnnt n owns pnr-ihird 81
tne STOCK some repor's pa, nS ms INV nv, rHst ,,
company. This company IL on "t the oldest and
most successful in the city. having been s;aftoc
IN 1897. ana rrarrhrd thr con i.uon 7i ~ per
ton was clc 'ted Pr dent IN lsi3. lie has boon
hotci i9r his en'erprsr hnL lloirrssN, snir,
the city, who has alv1 ni.i IN roiu ton
OF fares from seven c,nis t. ilN cents. "ni -
most important ~; = ~ w' - to t4f Icy iu-
o' other ronls 10 ms r" IN. ',r hns ~ r'-
du'rI steam ears ou :, = t"I' and maie ih'm
d. e'it'ilr su '',ssiui. " tas hni H." % rs io
say op' MY mat mo- - ',n ,His III hN' ms
plss"ns.r are ~ ii"iiNnl" T. ti" corp p, ton
as ar. t'e hors c.i~ "a N'Nrn - Ms y -. ~
sei. rms u,t ram "a III ln-'
winter I" comp. Hl IN -ir ~ rNlN'y COM
I9nles 10 r'id e, tn'.i i"r +" 49, ms;
senreiary OF Int rual Az. rs. hr.n : 4" oadi-
Hon oi tn, '"ulhny M l" Z. H. lsij. clNcr,
Ing n" t'n' m. ir rs ms uis r3al
t"lng, hN IN. "aF, lir Nhith .li',F "l UeN, l u
AM from me f.Nh4ptiNu rNuhi- alryll!-, N
S,n,i.lWW M, u N ~: n r. n ~ n ,"s9 hS'rs S''
'rocS .Sp rrHr
Can't, .c-s a.autonnd Do, law .............sSpn ~