, 1880-04-15
STOCK SUBSCRIPTIONS:
How the "Post and Mall" Tried
kS~'s " ~-~
TO Raise $i5o. 900.
some of the Victims Relate Their
Mournful Experiences.

mcroua nero m alleged stockholders underwent n
xmr,Sor hearing yesterday before Judge
.1on,pson.. H. w, jackson, Receiver OF tho
erhirfi National Link, took tho stui,A to prove
m a 5000 claim which ho found nmotg tho
assets OF the bank when he undertook 10 n'l-
minister uron its effects and wind II 'lp. The
cinim was represented by what were known
as tho AfcMullcn Past aud 1ldI notes,
given by the brothers Of thNt llamo rs COL
lateral Mr.. Jackson testified TINT attef hls
an,a,intment rs Receiver Mr.. o. y. Willard
came to him and arranged with hin, tn tnko
I'm these notes and to substitute III
thetr stead tho notes of tho Chicago Publish
ing Company. T. S. AtcClellana, 1eccclvcr of
thn Publishing Company, and II. F. Evans,
President bfth Rock River Paper Company,
unve some further tcsttmnnytn tho same gtii-
eral line Ms that given tho day before, md tho
remainder Of tllU morning WINS spent Ill prov.
Inc up the claims Of the WiMlngton Cohl
Coinrany for $40. ! an1 .q1 tho NORTHWESTERN
a 7he defense went ahcud with their case III
the afternoon, |
c. II. FAI.wEIL
nrst taking the sta!ul. liz Identified Ills sub,
sss!nton ascrSa, to S Y9s5 nak Soa s5'ek II u Tur.
S5ne EgY 1eathsr, sSsss'pi pWie Wiar broaelt 70
III Office. Witness said lie expressed t@ VII
lard his doubts as to tho Iatter,x, H1lity u
salse e aona ~ Mnd RdFGnse nye no itlc"lty It'll IL TO-
foaihSai 9n tbsE a, ,1S w WITNESS na subscribed wifi
tio express understanding tue other sl1i, .
serbers were 70 bo 6p III ue oi nIs' fnr nt'1 nusi 1
l1s tho 'p wliole af,oant was subscribed. On tat
OCCASION Wiilnrti stated that Il Mr.; moyell. Of
Elrir, Ind taken forty sh1rcs, or S4u,Vy, anu
s tsrsa ae aya beo on eraseJ e suseapen
wiIcs It Was represented 10 him TINT tho
stock had been taken, lG paid IN 70 PC per cent
Of bis stbscriuton. wien ne stuscl1UH' .aa r,n,u
WfInrd's nnnlc was not town. 'slt WIS i1o"'
scoLLISa slIACKLEFonD
testified that lie had, subscribed ,I,, for Ss,Wn
worth Of stock merely to enable Wliiarl 10
carry tho thing over ieW aay5 u'1a,s '9nu,tt, ~
could mako up tho amount; ntn .1 ,. =. Daylt snatt
tIndI lint ho MS present at the ailllMnt meet
inc Of Stockholders in February, 1878, when
itwas stated thnt ths Company SWiidr W9H neav,y ~.
1ounccd TINT II would 10 necessary 70 get
more capital In order to float It.
j.. G. st'MuLL1N,
General Manager OF tho Chicago & Alton,
was called, and tile occasional ilnsilcs OIL Mry
s are not of tho alcN1ullcn brothers
connected with this newspaper, are your.
inquired Mr. Root, III order to start right
piled tie witness With NJ! emphasis that pre-
cipitatcd MI out.an9E.o9t T. laugh, gn,,.t,,, 4ho ra,,.
road manager explained IN detail tYst y low tsy
Publishing Company. Mr.. Willard came to
him and enlarged upon MS o scene e 9t ,nw
rallroad men, and others. mentioning tnG g
names OF Q very large number Of lniiuont,ia,,
Mcntn mnG nm3nS aSofh{ar she he preposi aes
Mat1 4u and md buy il out. Under this aatterlng
condition Of things he Saly S put hIs name 9
dS% d1odf 5ee oteasiom zen sr Willard caa T. hin
md witness asked to SEQ tho subscrfptior
book,-tho one produced III EVIDENCE; liz has saI
Sss[bn a s%1sssSS Z e shsrsf g'SS %sra ~
Great ninny politicians, ollcel,oltlers, secre
.taries Of Statc, and other Influential pcopls
calculated to add value ia. tie institution
TLAughtur.] But they didn't count up 1o0,. :
only some thirty-tlye or fortyi,19,1nl witness
lis rcstMatlf witness said llc would take Jill
stock II l,o finally secured tho whole nun
ber Tint was tlie last ho ~ saw o 2f rNvar MllaG nt
tended any Stockholders mcotngs or re
ng tho latter point Ar Willard iad t%la m
clans," asked MI. 1lawes, tie attorney 70
tho paper C0nlpnny,-hlmselt MI aspirin
politician rs well ~ i lawyer. yI ron,,, ar ,,o
never suiyy Of beirg u politician" [Laugl
''.; You weren't In tint e!ass?"
mo. / was In a. very tlnttor1ng pos.tl0h.-
eighth or tenth OIL tho list"
ABAN1All 1IUsE,
Of Evanston, testified that he had subscribe
for stock merely as an accommodation
Willard, who represented tint tue Ia napt
WV 4hs nsW FOR
BART 't Of tit its eiain,. Witness WIS 10 be he
harmless, and entered Into tho project mere
aowS tG S5sib b{ Y'nr a asyes 1!S 'd Ps P 's Is nun n
guFss ssspady %R"s ess s's e WIFI PSss 81
him, when, ho won't to SprinEtuia,
pal.y, 10 usE tlio Secretary Of State not to |
{ho reporters. know that the application l1t
been made, since tllat might prevent tiie s!l
cess q tho enterprise, liz coaaea,, y; gn,a y,
that .oliclal very oblglngly satd he won
lay his books aside. 70 that the rcpoorte
sGa sewalas c ST. # H tGn 1 hs a put Wsn oMn
shnres s1 opposIt it IT,, wia.ess' nanie, but tint
! waj purely formal, i,-lncrely for tho puspo
Of organizing tho company.
THE REV. ARTHUR HwAzEY
testified that he, too, Ind accommod4tet
It would be ISSUED to W}lIartl. For doing
he thought ho now ought to mako M mp
oKy for human nature mid common semi
{Laughter]
l.. j., GAGE.
Cashier Of the First National Bank, detail
Wizards financial relations with that ins
tuition, and rather n.uurnfully admitted Il
had bcsoagi,t him to do 81, and aftor rcpe
cd conversations. lle had told him he wol
subscribe L ho (Willard) found lilnety-nI
sss 'esaHes ss@ sanaeG TnS ?Ga 81! ast, 80 ne IT.
So" fLaugh1er.l III regard to tho li,a'c
sssposblfy Of ho sscflnoIs, s o H. sSns ayit "
!nterrogatorics from Mr.. Horton md
Hitchcock, Gov. ,Cullom, was Ypdoi''' Ypdoi'''
who was Auditor of State, oul
to be good. though he Esal;y ;iy,p eoniatt .I!at
scribel sT7,30, Siiackloiord, who subsrrll
000, and lIusc, who was down for 81
dian't quito come np to h!a tduas Of Whnt
knIU htto S,u1N NJ tuof w.