The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1880-08-24

ES II MOONEY, IreSluenL OF tue
B & S. W :, has lengthy communication
in the Bellaire Tribune of the, 10 h inst /,
in which, am ing other things, he has
this to say of the report, that $4,000 in
stock had been voted here that had no;
been paid up:
"Are these allegations true ?" They
are not true! No stock that was not
paid up has been voted here. to my
knowledge suppose the gentleman
alludes to the previously contraiic'ed
report, first emaualiug from the Spirit of
Democracy, of this place, that Mr.. Nor
ris and myself had not paid our sui
scriplions. This has been branded again
and again as a lie, made OF whole cloth,
which reference to the books of the
Company will fully refute."
When Mr.. MOONEY penned the above,
or some one penned it for him, record
was made that he must have known was
not true. We will not brand it las ie,'
as that term is not used bV gentlemen.-
Neither he or Mr.. MoRRIs will make aft
davit that their subscriptions Of $4,000
and 81 900 respectively, were fully paid
up, with interest due thereon, in 1871.
in 1878, or in 1879; and that they did
not vote their stock at the annual election
each year. We saw the hooks in March
1878 AMI Mr. MooNEY's credit was $500
and Mr.. NORRIS was 800 Men in their
desperation and m dice often maize state
.ments to the public, which, il called upon
10 swear to, they would materially quail
|ify.
In relation to an investigation, Mr..
MOONEY says: H9
"At meeting held in Woods6eld
early in September, one of these offered
a resolution providing for the appoint
ment Of an investigating committee and
ins.ructing it to make such all investiga
ton and report as was so maniles'lv i'm
practicable, without months OF labor and
large expense, that it was overwhe ming
ly voted down, and not one of the cfli-
GERS OF the Road present at the meeting
voted on the question either wav."
The case that requires such statements
must he in very bad situation-in fact
bankrupt in truth.
Overwhelmingly was majority of
four votes. DR.. A B COVERT and c.
WEBBER, Directors of the Road, voted
on the question "Ne"! The vote was
a standing one. And this result was
brought about hy Mr.. MATTHEW MOORE,
who, after long consultation with Mr.
MOONEY. went about the room election
eering against the proposed investiga-
ton on the ground that the cost would
be enormous and the Company could
not afford.the expense and the stock
holders would have TO foot the hill. If
the affairs Of the road we're and are what
they should be, why do officers of the
road vote against Investigation? 1t is
easy to make wild statements, but it will
be hard matter to convince those pres.
ent at the meeting that mot one of the
officers of the Road present at the meet
ing voted on the question either way"
It is bald statement, entirely destitute
of what honorable gentlemen love and
revere-trutli.
Again:
'.There is levy already made upon
the property of the Company, and one
creditor has instituted proceedings for
the purpose OF marshaling the leins, and
to have receiver to take charge of the
Road, AMI finally to Obtain sale of the
Road And the question arises would
it be the wiser plan to permit the Road
to be sold. or for the Stockholders to
furnish a little more money in the shape
OF loan on these second mortgage
bonds and thus retain the Road in their
own hands, subject to their own man
agemeEl."
That is step in the right direction
TIE Stockholders are perfectly willing
and anxious for the road to 60 into 9TH
or hands. The stockholders have had
enough of the present management
When officers Of any Company oppose
into their transactions it is
high time for that Corporation to pass
into other hands and the sooner that
comes to pass the better it will be for
all concerned.
Our advice to Mr. MOONEY in brief is,
keep out of newspaper controversies, as
by trying to txtricate yourself from
charges of tricks and mismanagement,
you only engulf yourself deeper and
deeper and place your side Of the case
in hopeless and helpless condition.