The daily gazette., 1882-04-12
GENERAL .. n. FISK ACCUSED.
SUED FOR FRAUDULENT M1sRKPRE-
sENTATIoN ON INFORMATION FUR
NIsHED Bx mrs LATE PARTNERS.

1
NIsHED Bx hrs LATE PARTNERS.
Francis A. Bogg. broker, OF No, 2
Wall street, New York, has brought
suit in the Supreme Court to recover
from General Clinton B. Fisk the sum
of $62, 750 with interest, which, sum
he alleges General Fisk, by means OF
fraud aud deceit Induced hIm 20 pay
for certain interests in mining stock.
Judge Donohue on application OF MIR.
Jno. r. Dos Passos, rs counsel, yes
terday issued an order 0farrest for tho
defendant and fixed bail at $7J, OOO.
In his affidavit Mr.. Fogg says he was
introduced to General Fisk in 1873 by
Andrew Pierce, at that time Preslhent
OF the Atlantic and Pacific aud Mis-
souri, Pacific railways. General Fisk
was treasurer of both companies and
il was understood that he had been a
General in the United 5 ates army.
Since he had known him the General
held positions of honor and trust under
the Government. He was the fouLder
of the Fisk University, and was one
| of the most prominent me mbers Of the
| Methodist Church. At the time of
the transactions he WAS member Of
the firm of G. b. Fisk " Co., of No. 3
Broad street, aud Fisk first opened
the subject of mining properties iu bis
own office in the fall of 1879. He
said he had made large investments
in Arizona aud that be expected to
make much money. He mentioned
the Mack Morris Mine and showed
various documents which were calcu-
lated and did impress plaintiff most
favorably with the mine. General
Fisk said the property had been pur-
chased from the owners for S400. 600,
and offered to sell him some stock.
He also said that he WAS Pies dent Of
! the company and had contruling in
teresl, together with Mess s. A. V.
Stout and Jose Il. Navarro. lie assured
him that 81 per share wa, the bottom
price for lha stock, but thought he could
re. hlIn 1000 shares at a Tiff, higher
figure. IL was bought at So per share.
Complainant says he believes hat at the
time Fisk was acting as agent tor one
Fordyce X. Role in the sale If lbe
| 1000 shares, ard tIat he received the
stock from Rogers at 81 per share, aud
got commission Of $3.50 from bIm for
the sale.
THE GOLDEN EAGLE NINE.
| The second specification OF the COM
| plant is that Fisk induced him to pay
| $500 for 3 3,5UD shares of the stock of
he Golden Eagle Miuing Company, OF
| Arizona, 10y representing that he had
seeU tie property, that there were many
thousands OF dollars OF gold In sight,
that the company had a capital of
81, 900, 900, that the controlling interest
OF $1,000 shares bad been paid for IN
cash; that be (Fisk) had invPs ed S25,-
900 in IL, aud that AZ. Navarro aud Mr.
Stout were large stockholders. Fisk
said his stock hal cos, him So per share,
but that lie could get him stock at 50 so,
which prlce he paid, believing in the
representations. MIR. Fogg says that
after the property had been worked
year, not dollar having been realized
for the stockholders, the mine was found
10 be Improbable, and operations were
suspended. He believes that every lep-
resentation was false.
FORMING A MINING COMPANY.
EIrly in February, 1880, the CON-
plant continues, Fisk asked him to
join in purchasing the Silver Era Mine
also in Arizona. He said the mine
had produced from SIS, 600 to $50, 900,
that lnere was enough ready for he
mill to pay the whole purchase
money of $4,000, that he had thor
ougLly investi 9a'e1 the mine in PEI.
son, that it averaged from $40 to $50
per ton, that to go into the enterprise
he had sold his and other stocks held
by his family for long tim that he
had invested $S, 800 of his son s N oney
in i, and that the lowest sum for
which the mine could be purchased
was $15 900. II he (Fogg) would buy
100 shares for SIS 600, he disk
would aIso put in $2j, 600 they woul +.
own Jointly or half the mine aud he
(Fogg) should become President.
nelying on these statements com pany
was formed on february II. On
February % he paid $12, 900 for 6, 600
additional shares and on June 25.
August l3 and September 25 made
further payments to Fisk as Treasurer
OF the company amounting TO S12, 500
Tor U, $40 shares OF the treasury stock.
Each of the payments was made unon
the representations of Fisk tha. he had
Invested an equal amount of money in
tho mine with himself, and that the
funds had been deposited in the Shoe
and Leather Bank.
THE ALLEGED FRAUD,
The representations of Fisk In re-
gard TO this mine, Mr.. Fogg says,