The daily gazette., 1877-09-25
MORTON'S FALL.
A MEETING OF THE DIRECTORS

EXPERTS AT THE ACCoUNTs-DETEC-
TIvEs ON THE sHADow-ELBERr SAYS
MORTON LIES. ,f Ht.fs I.0.l.
The directors of the West Philadel-
delphia Passenger Railway Company met
yesterday afternoon at their Office, Forty
first and Haverford avenue, and were In
session from three until six o'clock. The
first result of their sitting was seen in
the stationing of a man on the corner at
half half-past three O'Clock, who halted
every car of the company which
came up to that point before sundown
and which foated the flag of the Inter
national Exhibition. These flags, or
rather combinations of flags, for on each
were the colors of all the nations repre-
sented at the show, were stuck on the
cars by Mr.. Morton shortly after his elec-
tion as president of the Exhibition Com
pany. This morning few, if any, of the
streamers will remain floating to remind
the directors of the shame of their late
chief. 1t is expected that the gaily-col-
ored cards with "John S. Morton. Presi-
dent" on their lower right-hand corners,
hung in the cars Of the company to ad-
vertise the Exhibition, will soon follow
the flags.
Mr.. Morton was not at the meeting,
having gone to his country seat at Bryn
Mawr early in the morning and remained
there until late in the evening. Nor did
ex-Secretary Stokes nor ex-Treasurer
Huhn appear at the company's office
during the day. About 4 o'clock two of
Pinkert on's detectives stepped from a
street car at Forty-first and Haverford and
were admitted to the directors meeting
which was secret one. Half an hour
later Detective Franklin, chief of the
Pinkerton Detective Agency, arrived at
the office end followed his subordinates
into the meeting-room, where the three
officers remained closeted until the direc-
tors adjourned. Upon these mysterious
arrivals bystanders at the corner winked
at one another, and some of them, on
seeing Franklin, remarked, '"Hhat means
arrests, sooner or later, and shadowing
until they're made, so that no guilty
man'll escape" When the meeting was
adjourned Mr.. Rhoads, Mr.. Baugh, Mr.
Swain and other directors refused to give
the least information concerning the
business which had just been transacted
except that the board had passed reso-
luton that no portion of the proceeding:
be made public for the present and thai
each member had pledged his honor to
fulfil its requirements. Mr.. Baugh, the
new president of the company, said that
| he had list of all the holders of the
fraudulent stock issued by Mr.. Morton,
but that he would keep it from the pub
lie lest the business credit of those par.
ties be unnecessarily injured. He un-
derstood that no man. whose name haC
been published as that of principa
holder, had already suffered very much
from the publication. The directors not
only kept their business to themselves,
but also refused to tell when they were
to meet again. l.''-i '' %
/ Messrs, Baugh and Swain remained
when the Others had gone, and were Civ
ing assistance TO a couple of experu
who, during the meeting, had been pu
to work at the books ofthe company, and
were now engaged in the labor of ascer
tanning the exact condition of things lef
behind by, Mr.. Morton. Mr., Swain an
nounced his intention of staying in The
office all night, partly to keep an eye
4 around during the examination and palt
ly to receive the cash returned by con-
ductors. IU is believed that in addition
to actions already mentioned, the direc
tors did nothing more thau to make {
a general examination of the books.