The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1879-10-31

$7,G96.62; Sept 10, $4,000 at 10 cents
and interest, proceeds 81, 1858 81; Sept
II, $1,000 at as cents and interest, pro-
ceeds 81 ,594.11; Sept. %, $4,000 at 10
cents and interest, proceeds $7,S71.9S;
Sept. 20, $4,000 at rs cents and interest
proceeds $7,6S3.10; Sept. 81, $1,000 at
20 cents and interest, proceeds $5,326-22 :
Sept. %, $4,000 at 10 cents and interest,
proceeds 81, 522 II; Oct. %, $1,000 at
15 cents and interest, proceeds 81, 299.OO /;
Oct. 30, $4,000 at 80 and interest, pro-
ceeds $l,6l0S3; Nov. A, $4,000 at 20
cents and interest, proceeds $24, l9l.67.
1S79-March II, $4,000 at 50 cents and
interest; April 10, 81, 900 at 80 cents and
interest. My records do not show the
proceeds of the last two lots.
Int. II. Who paid you for these bonds !?
Ans. II. My recollection is that they
were all delivered to the Bank of North
America, Boston, who paid US for the
same the above amounts.
Int. ID. State if you know with what
funds the Bank of North America paid
you these bonds.
Ans IL. / do not know.
Int. IA. Can you state from whom
Geo. w. Ballou Il Co. bought the bonds
sold To Plumb?
Ans. IA. have no memorandum show
They were bought OF different persons,
some owners and some brokers, in the
regular course of business.
Int. Is. Who purchased the bonds of
Geo. w. Ballou & Co?
Ans. 10. don't know.
GEO. WM. BALLoU.
Isaac T. Burr, of Newton, in the coun-
ty of Middlesex, of lawful age, being
by me first duly examined, cautioned and
sOlemnly sworn to testify to the truth,
the whole truth, and nothing but the
truth, deposes and says, Sept. @, 1879:
My name is Isaac T. Burr and / reside
in Newton. My office is 100, Franklin
street, Boston, and / am president of
the bank of North America. l suppose
that l handled some stock of the A. T.
&c S. f. railroad in 1873, belonging to
Lyon county. l cannot state when or
how much of that stock | handled. /
could tell at the bank, but l cannot from
memory. | received the stock from
Preston B. Plumb. l think upon re-
Election did not receive the stock from
Senator Plumb, but from the railroad
company.
| cannot state when l received it from
the railroad company, nor could if at
the bank. l could not state when the
bank disposed of 1t from memory, put
could from the books at the bank.
This stock was sold by Ballou &
company, acting as the agent of the
bank. II was sold in the open market
Int. 1. By G. N. Sterry, Esq, claiming
to represent the county of Lyon.
You may state whether or not this stock
was sold for the highest market price
that it could have been sold for, during
the period in which it was sold.
1 L oh Il
Int. 2. In your judgement would the
stock have brought as much if it had
been put upon the market at one time, or
in large quantities?
Ans. 2. In my judgement the stock
brought more offered in small quantities.
Adjourned to Monday, September Sth,
1879, to allow witness to examine books
and papers. September 9Th, adjourned
TO September 9th, for same reason as adj
journment on September 9th. Septem-
Der 9th, 8 80 a. III. continued.
On July 30, 1873, there were placed to
the credit of the commissioners of Lyon
county, Kansas, in the National bank of
North America, 5000; Aug. 6, we sold
300 shares of A. T. & S. F. railroad Com
pany for $1S,4l2.50; Aug. g, we sold $50
shares for 50, 109.3S; Aug. 8, 225 shares for
S13, O43.75; Aug. 10, 300 shares for ST.
52G.25; Aug. 10, 100 shares for So, 7S1 %;
Aug. ~, 250 shares for $14,62S.75 Aug.
ID, 100 shares for So, S31 .25; Aug. IA, $50
shares for SS,6S7.50; Aug 10, 100 shares
for $5,631.25 Aug. 10, 100 shares for So
611.25; Aug. 10, 125 shares for $6,96S75.
As TO the first sale of 100 shares, we
gave Geo. w. Ballou 81 Co., 100 shares of
stock for $4,000 All the remaining
stock we sold ourselves through Geo. w.
Ballou & Co., acting us our agent from
the first day OF August, 1878, to the fif-
teenth day of November. We paid 1884,
004.22 for 100000 Lyon county bonds
with the funds which we received from
the sales of stock. We paid one-fourth
OF one per cent. commissions tor the sale
of the stock. We opened an account
with the board of Commissioners of the
county of Lyon, and the stock was sold
and bonds paid for on account. The
bank charged no commissions and re-
ceiyed no pay. ISAAC T. BURR
Thos. Nickerson, of Newton, in the
county of MiddleseX, of lawful age, be-
ing by me first duly examined, cautioned
and solemnly sworn to testify the truth,
the whole truth and nothing but the
truth, deposeS and says: My name is
ThoS. Nickerson. / am engaged in rail
road business. / am president of the A.
I. & S. +. r. r. Co. l reside in Newton.
did not have anything to do in the
handling of the Lyon county stock in the
A, T. & S. F. r. r. Co. In 1878, about
six months ago, Senator Plumb called at
my Office and stated to me that he had
authority from the commissioners of Ly-
on county to sell that stock. / asked him
what he was going to do with the money.
He answered that the money was to be
used in the purchase of county bonds.
He then gave me papers showing that
the certificates of this stock had been
lost or mislaid by the custodian
of the certificates. Of course he could
not sell the stock unless he had some
thing to sell on, and he asked my help
to get new certificates in place of the
lost ones. l stated to him that that
would be a very difficult thing to do, as
the rules of the company required the
execution of IA bond in double the par
value of the stock. l said to him that if
he would assure me that the proceeds of
the sale of the stock would be faithfully
applied in the purchase and cancellation
OF the county bonds would consult our
council, do all in my power to secure for
HIM the delivery of the new certificates.
l made arrangements for the delivery of
the new certificates, but before they were
executed the old certificates were found.
He asked me who was u good party to
apply to for the sale of the stock and
purchase of the bonds. / recommended
him to call on Isaac T. Burr, resident
of the Bank of North America. Idont
recall any further communication with
Senator Plumb about it, don't know
what became of that stock The records
of the company will show to whom the
stock was transferred. Mr.. Goodwin is
assistant treasurer, but is away. Alfred
GlaZier is the transfer clerk Mr.. Gard
ner has charge of the books which show
transfer of stock. l had no communica-
ton with the county commissioners of
Lyon county except through Mr.. Plumb,
as recollect. l have no definite recoI-
lection of the purchase of any bonds
with the proceeds of any stock. only
remember of Mr. Plumb saving he eX-
pected to get hold of a parcel of bonds
of $4,000 IN New York at Go or 20 cts.
This was subsequent to the conversation.
can't give the date
THos. MCPHERSON.
Comp2ss3srealth of Massachusetts,, Suf-
folk, -.
Henry II. Mather, a justice of the
peace within and for the county of Suf-
folk, in the commonwealth of Massachu-
sets, do hereby certify. that George VIM.
Ballou, Isaac I. Burr and Thos. Nicker.
son were by me first duly sworn to testi
fly the truth, the whole truth, and moth
ing but the truth, and that the deposit
tions by them respectfully subscribed as
above set forth, were reduced to writing
by myself in the presence of the witness
eS and taken af the time and Dlaca snar,