New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-03-05
IoCAL MISCELLANY.


1sp. rrYnrN CALLED TO ACCOUNT.
ken~rvnr,as nxauS IN THE UNITED STATES CIR
Sr,yr counr AGAINST SAMUEL J. TILDEN-his
.rIxdrp FRAUDULENT TRANSACTIONS AS
y.prurr OF W. l. wETM0RE, OF MARQUETTE
80. a. wilkinson, of Marquette, Mich, as
hssgnee In bankruptcy OF tns es.o n tba United
tM stss IGrenit Court against Samuel }. Tiden;
Hhe Complaint states that Mr. Wetmore n Noa "a
sus, d9y %a1 1s zsa that aa che wS
s snpo;nted assignee In bankruptcy OF his estate.
n Is then stated that Mr.: Wetmore ana m5 ta e
sormed a copartnership November a. 1868. 70 on,
re In the business Of mining. transporting ana
Ealing iron ore and of manufacturing IRON h LA
county q a estate as was for
nieh purposes with the mutual UNDERSTANDING tna T.;
BIZ. Wetmore should have one,s& haS lease Of
some property in Marquette suitable 10, 'i Tt pe
nosed busipess and he assigned 70 MI. nu1; a'
March D. 1894 ye-sixtns OF inns Us Is1 oyeTnres
ere made for the purchase OF this property py GER
tain persons and to facilitate its SALE MI tn ni
nth MIR WetmOre's consent, formed jont sIoch
comnany unJer the laws of the State OF Micmgan,
nnder the naEe of the New-York Iron Mine, Oh
which by mutual consent MI ne. wrS whose
secretary and treasurer. None OF the persons
Uames yyeIe annexed to the articles OF assoc r
ever owned any of its property, ana mI sets
and the tSs onv ones thai had any right the
property assets aud profits OF the New Iorh ;ti
Mine. October is 1850 ce s5s we're issued by
s,ocT ,n ~ TOR ysluable confederation, to w. L.
Wetmore Sidney Adams aud f. z. Wetmore 1 ne ne
value Of the business 9, az 'ae SHARES Of stock at
sos each. April 10. 1885, Mr.. lilden ana ". - -;
Wetmere became by purchase posSessoIs vi an tn 9
eapita stock, the latter owning o3S3 sareS ou' u
nr. ,Gilden and Mr. wetmore entered upon the
business already dessrSeds1 is95 realizing large
profits the amount of which Is unHnoma WI W th vno
Complainant but he believes f t Tas om oIu was
S1;f 6GI They hal also acquired anu OWneu an
intercst in property valued at S3Zo,OU0' whlon'
added to the value OF the expea 70 ie the u
ppeotts ON January I, 1877, amounted 10
bps FPS .oSS Mr. Tiden was in possession of this
I'D nm the business, realizing large pro9ts, the
amount of which is unknown TO the compialhhit;;
Although he was entitled to 5352DoOO OF the amount
o. the assignee of Mr.. Wetmore. MIR. Tilden, the
complainant declares, never paid or accounteu III
TO Mr. Netmore or the complainant any pal ato ",
those protits although he has been often requestSu
~ 10 so MIR Tilden, it is alleged, trauduentiy
represented TO Mr. Wetm0re about eiay 81, IoII,
that his share in the profits OF dne eT InTger
Tiiden had had in his possession Iot ons uiI 10
previous to this moneys belonging 10 MN nan anu d "
nnsited them in the Third National Bank, Oh the
CITY of New-York, receiving. on the w49Ie, nnoI9
have ;ncnded this interest in the profits OF the CO.
Partnership; but he had not done TINS: ..-t
Mr. Tilden also appropriated oI tHt p5t -
nerSn,g i as salary be also charged Mr.. Wetmore
= per cent interest on all sums of money that ne
hal drawn ont OF the firms funds. de did TINS not
rithstandno the fact that there had been an agree
n,ent it is claimed, that MI. Wetmore snouid DO
debted with interest tor all tne money NC al the
fnnds OF the copartnorship, and that he should DO
debted with interest at the rate OF per cent lor
OIL the time they aca aSat large s sums of money
were in Mr. Tildens possession for long FERROUS no
wholly failed to charge himself with the lnterese Oh
these according to the agreement. moreover, Hom
tine beginning of the partnership. ne had Deen IN
the habit of receiving large sums OF money ana OF
drawing checks and bills of exchange upon part
nersbin funds which he had kept upon deposit 20
his Individual credit and account, at t1e IhTo
National Bank of this CITY ana f1pber sets
forth to enter these transactions Ill the partnership
hooks. and he had kept MIR. Wetmore IN Ignorance
" In short the account of the transactions of the
partnership which Mr.. Tilden had kept, was IN
many respects false unjust and untrue; s ana and
improper charges, and claims to the prelud1ce OF
Mr.. Wetmore. Mr.. TIlden, it is alleged, had held
large sums of money OF the profits OF the oopart-
nership. which belonged by right to the assignee.
Mr. 1den also had KEPT W SaSR nad to him. 0
and the amount also which he had gained by loan
ing the funds of the copartnership WITH TINS money
h;mssif IN the stocks and evidences of indebted
ness of railroad corporations. without the Know
ledge OF MI Wetm9Te 1I Inc record Of the trans
actions Of the firm, but he has refused to DO So;
The complainant asked tne Gop TO- annear and
render an account of all the transactions OF the
Partnership and that he should be restrained Whlle
{he snit was in progress from conveying or assign
inc the lease of any of the property formerly be-
longing to the partnership; and that the com,
plainant might have such further reAei as Snou'"
seem meet to the Court. ~, \,
The counsel for the complainant are Roger NJ.
Sherman and George Bliss.
Ex-Governor Ti1en was visited last evening by a
reporter of THE TRIBUNE and asked whether ne
wished to say anything relative to the matter. lie
repied that he knew nothing about tue case as YET
and therefore had nothing to say.
A QUIET CHANGE OF QUARTERS.
The members Of the Union League Club To-
aav will ta..e possession of the new house
ct Fifth-ave and Thirty-ninth-st,, this morn
ne's breakfast being the first meal there served.
The old and new club houses were visited by a
ra.pr,xp renorter last evening, who was unable to