The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-03-02

", A larNn Ont altFh ~ WV N'''''''
IauTi, Dallas Cgunis' ieRaH'
opuE STATE or TEXAh-In ne hhelln
0rany tinnsianln III pallHH ppurl Fkltpt
lngi You Hin hHTfny nnnlNANNpl WIKI
by making pnhllral hh .hH tu the
nounly NJ Dallas, ini lnnl Nt,..nan XXX.
ylOus "a inc iflWl, lhf N't.ilRmH Miil
mon A, lalirr nhW lW.gHh WiIo
unmpeng, ePl p994 tGn ststs oiIaiaS, to DO
INA amman hetnfH No nlalrpl lpNlh ~ n
hgldaii 'ln ana ipr iliu gpuhlf ~, HtNH'1ud
,nu inlrd Monday in lunn NtAL w imNH
There 70 antyel lhe hsshain"t tha said I, W,
nlpn w 9'nIder, nallas and Wlpllllh llAll-
nrpad 11n,pany, N Hpndelspgi 500 70 hnh,
aas iiolllnb sin Company lenn M ssnnd
h, s,,i,slinG6 aH fellows, lOrwlii
aint'pst M, UaiIaH and wichita liAlllnhl
Oo,npany waa rhhflhfnl hg Ah ~ Ml ~
| leuslainf6 ~ Tho state ~ iplAai ~ ulHIpt ~
ndi in incorporate ihe Dallas ehl lphllA
'ilnaaadd lI"t ron ihe slll 81 May, lsis, said
nTtglnal act was ninhnuul ~ ~ hNlul Wv
lealslatuTe ~ Texas entitled ~ Wv w
amend an act IA lhoplllolAle lnn l'AI'hs Xxx
No construction NJ hhld lplli phsAnl NHS
"'ihai on the lall of December, lnll, lhnsald
Dnlins anu wichita rhlliohl COMPANY NN'
{.
tnrs ot Hnid company, ~ e1lly 81 Dhllhhi
III ths sloOtinn Of u hoard NJ directors plrhl'
don't ViGe.pIesldpni, treasure ana hrul lhlyi
aud adjourned W tho nfsl hohlh} w iNNu'
"l6al al a called meeting ~ tho hoard "
dirontnTH 0f 6ald company, on thb YIN 81
Ifabfunry, lMl, u code NJ hyslhWh was hlupl
ed lur lh6 regulation ~ hhld ollnphny' anl
ANNA other thingH u wan PROVIDED w Hhll
py'lWWa, by section I, Article u "lhnl mo
nyo dlIuOtnfH elected hhhll nnnhllihlu "a
i ard who shall manage hnd cnhhuol we
unaiH ANA huHlurhh nl llb company Wy
themselves, hnd Onorlh hhu dkhhln hppulhl
cd by lhrn under the powers VnhHl ~ wv
ouuip NY by the ola Tlbr hnd general lhW
rouuilaIinp railroad companies " The hinln
bv RuOtlun u, OF AillGln L. "a major y ol llN
directors shall boa quorum W 90 nus nhAh'
| In Casu ~ quorum docs not htlthd, lllpEr
nTe,Vnt may adjourn The meeting o. another
| limo u kuuliOn u When nuunIuW NJ pfch'
| gnt All the powers vested IA tln board may
| b0 eK0rOiHsi 10y u majority vote ~ lhuhn
| ur,gput, except 10 MI vacancies In tho bpnid,
oh N a VOC Ofn mnJ nty NJ those remain
] ms in oflluu shall be- nee hsnrY,' hnd hlHu
thnt Apnllnn X, ~ rats OF majority ~ We
| whole number shall Do necessary 10 uulhOf'
| lsn II pnln Oi any rnnl estate, olcu etc,
| Tho diI0tturs may make nll CONTRACTS Noe
| egsnry and proper, executing TIE powers on
| pfeAsiy GRANTED them 10y lhn charter ~ lhrtr
| by laws ana not restricted by lhom IN such
modes nnd lOrlna ~ they may duom proper
|
| ahull not contract on agree for, nor max,
amy d0ud % trust, mortgage orolhcr Hon on
| tho property oi the company without nome
| expressly authorized NO w IN ny u Volo vi
| thu IN oClOrH ~ u gonnlhl ol NJ onlhl lneollhB
| Tint ut "a meeting OF tic hOnfu ol are tuii
| of atld Dal lns aud Wichita rallrOhd cOmpn
nv on tho an OF June, lMs tho defendant i
| W, Calder, became u htookholder IN hN
company, ana athail meeting was olo U q
| nrI "A director ana then president NJ Ant
company, ~ That Time lao hnd no property
| NO Visible menus, nnd very lltiln, II any
| money, aud no vocation,
Tint ON tho I'm Of July, lm2 nt onlle,
meeting OF the beard ol allonl2lH, lll9 ,n,', y
company which whs tor W. ~ wllhou
ltrmH or Vouchers, and II WIS f0loflnd To
| special cOnimiitcn, ,..,
Tint ON the abth of November, 1872, u llltl,
o ur four months from that date, NJ VIVA
| proposed 10 bo n meeting ui the directors
| bin wnH presented by tho Hald i. W Cnidu
for saGil 70 against hesnld railroad oonph
| ny, sud hy order of tho GARD u due hlll wM
executed Ia tho said !, W, Glider ly thotcc
rotary OF the company, tOr tnn poinpnhy 10
| that amount dated Dallas, Texas, NoNum
brr 20, lT9 rhat no itnmi2rd account %
| y0uchQra ere ~ Il with enld account nn'
none deposited with or On No WIN tho Hec
rotary OF snid company,
rhnt NJ said nj, citing OF directors thor
| were only two persons present. ono oi ines
Dong j W. Calder thc Other Two uher
were only four IN GlD Icing present Ny lhei
| proxy, H. W. Calder. That there wna IN
quorum of the board present ~ lhht nm
rumpetcut 60 act Ia u matter of account u
which the said j, ", Calder was Interested
and tnnt tho pretended action 81 the thi
board IA allowing said account ana oldellnl
IA duo BIN to bu given for H. and the due bill
given by the secretary In conformity There
10, are void and of no legal force whatever,
Tint ON the IL h of December, 1879 NJ
cnlle meeting II the u nrd OF directors q
said company, II proposition was made b.
Alexander Calder, 10y hts ngont, j. W, Cal
der, IN substance as follows;
OFFICE or
DALLAS Ann WICHITA RAILROAD Co.
Alta oull meeting OF the directors Oft
Dallas aud Wichita rnilrOnd company n
their Office In tho CITY Of Dallas, ON the lsll
of Deem her, 1872, there were present j. W
Calder, G. Wegefnrth, ID. Conuully, II, 5
Ervay; j, Is. calder being absent. Moved b!
II. y Ervay that the renuing OF the minute
be dispensed with, seconded by q. Wegemrtl
Adopted,
The following proposition was then pre-
sented by A. Calder, through his agent j
} W. Calder;
ICopY OF Projection
For, anu In consideration of one hundre
200 shares of paid up capital stock OF IN
Dalns and Wichita railroad company, thl
day received by me through my ng nj, j, "
Calder, pr mise To pay Mat cullen, on de
mand, for work done OF said ROAD, and
advance sufficient money 10 make up m
amount the company may not have o
hand to pny on tho engineer corps now |
, the nold, ana to pay MI amounts due 10 mel
chants up To date. In fact to act IN banker
{ for said company and 10 advance thei
money MS they may need II, with nut lnle
\ est, the money no paid and advanced To i
refunded to mo whenever the sOid compan
: have the funds ON hand not otherwise NJ
prOpriHted.
Signed ALEXANDER Valdez,
= Nv hia tnpnt. j. W. CALDER.
Dallas, Texas, December l7,ls12.
ESpoRsED Az UoLLoNs:
| IendOrse this agreement mud bind myse
personally, IT, the present holders OF paid u
stock In said company, TO shud betwoe
!, them and all claims against the company I
: Signed j. W. CALDER.
Dallas, Texas, December II, 1872
= Motion by q, Wegeiarth that the propos
ton be accepted Snd the stock be issued h
the secre ,nry in accordance herewith, SC'
Onded by ID. Connally. Adopted. Move
that the president discharge tho englnet
| corps now in the held, except W. H. Wen
worth, who il retained to complete the n0tt
of his survey. Adopted.
Motion 10 adjourn carried.
4 NJ. HAMMOND, secretary
That the making the proposition In th
nam OF Alexander Calder was N mere blln(
aud was the first stop In n deliberate nm
well consld red system of fraud practice
upon the Dallas and Wichita railroad m
pany, rs will bo hereafter more fully shown
= by the said j. W. Calder.
That ON tho nth ri December the da
when by the terms of said proposition he 4,
| ceiyed one hundred (l0Ol shares of the pal
, up capital stock of the Dallas and Wichlt
railroad company, Alexander Calder was 1
" the state of Pennsylvania That ne reside
there then and since, am has never been /
the State of Texas, nor had he then an
4 means On properly In the tate of Texas, ne
amy credit or business connections In tn
sta 9, nor was lie personally known to an
members of the said board of directors the
present, except the said j. W. Calder, VIII
was his son, nor had they any knowledge q
; guarantees of the responsibility OF the sal
Alexandr Calder, and the said j. W. Calde
was Irresponsible, and the said director
knew 1t or could easily have known IT.,
, That the real party making said PROPOSE
ton was the said j. w. Calder, who then In
troduced the name of another person In hi
dealing with the said railroad com pany, tn
better TO screen himself from the frauds h
then contemplated ana aiterward perpetrn