The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-12-09
Tothls Mr.. Parsons replied, Fob. %.


much below u. real worth Permit ne On On 9cha.i Of
pr,c. l. nus, be- worth a, much nov a. ii Wa wien
Nnu sold unless your action has deprecated Us Naluc
That. presume. YOU wall no; venture to claim.
Mr. Parsons took occasion in the opportunity
offered hy his summing ~ 10 take TINS currc-
spondonce to pieces. and he commented with
particular severity upon ih, sentence am
satisfied that everything ! have done in the
matter has been under provldsutal guidance
saying that here the Almighty himself was
asserted to have specially intcrlered 70 ass ~
the defendants in q transaction which nearly
beggarcd their uncle's widow and children.
Mr. Abram $. Hewitt testified that he had
held 4iO shares Of stock in tho railroad, and had
represented GOO belonging e. Peter Cooper one
OF tho defendants. Henry llavcmcyer, desired
him TO Join in a purchase OF majority OF iho
stock, hut he refused. saying that he wanted 70
sell. not buy. His experience in railroad busl-
ness had made him desrous oi getting OUT 81 H.
Afterward one Of the defendants wished him
10 Join a combination 10 sell the control ot INC
road "a Poppenhusen; Mr.. Hewitt inquired
whether all u the stockholders would have an
opportunity 10 come into the combination, ana,
being told that they would not declined to be a
party to the arrangement lie said he consd-
cred il wrong and immoral To enter INTO su'h a
scheme TO- the injury OF the other stockholders
particularly since he was "A director.
Tho same proposal was aftcrward made 10
him again. and he again declined. Ihoreupon
ono OF tho defendants said; Well then, we'll
have 10 sell without YOU"
Later Mr.. Hewitt bong in Washington. and
Edward Cooper representing ne l,iWl slNrcs
the stock was sold outright to the dei"ndani7
and was included by them In their sale 10 Pop
penhusen. They made profit OF 81 share
An unusual incident In the trial was the act oil
calling Mr.. Parsons himself TO tho witness
stand by tho defendants and cross cNamining
him. He was asked waether he, objected NJ
counsel 10 the representatives OF the Albert
| Hayemoyer estate TO say what had TRANSFERRED
| between him and thom mt and about the tlme OF
| the sale 10 POpDenhusen. Ho replied, dc
| not and | am quito sure Mr.. Harry q. Have
meyer is willing to waive any privilege on tha'
| score
MIR. Harry O. Havcmeyer--I have no objection
Mr. ParsOns was Nskcd about conversations
| that he had had with Mr. Harry o. Havemeyer
| Tho reply was that Harry o. had come to hin
| frequently TO express msgyngs as 20 thetrust
| worthinoss of tho defendants Jonn {. nnt
| Henry. Ho was in constant doubt ms to th'
! safety OF relying upon their promises, since
| there was no agreement in writing out Of whicl
| IL would be certain they could not squlrm,
| On crOss-eXamination OF Harry o., II was
| shown that ho had written letter 10 ioppcn
| husen prior TO the doiendQnts purchase OF I
| majority OF the stock, in which he made u con
| tngent offer OF the Albert Havemeyer stock L
| that magnate. He was cross-eXamlned nDou
the letters
| Q-what did you mean by that letter. Al meant tina
m through the trearherous act Of John liaNemeAer MI
POpponhuscn placed IN possession or was tohaNe con
troll OF the road without me- he was g. nndeIssand tat
he could have 1000 shares, and that could no
commit myself 10 selling II Independently at that time
| because was hound to John Ilayomeyer.
| Q.-You considered John Ilayemeycr rs having en-
gagged in something In violation VI the agreement A.
| Mr. Godenroy had toll me 50. ,. 800
O-Anh YOU believed III Al do not wish TO sa
| whether believed II or not
OIL wish you TO say; that is tho dneren between rs
"A man can have an idea that person Us gong to d
Do not philosorhize, but answer my question A.
do not like % say that think man lisa scoudrel VAN
| out good authority.