The Middlebury register and Addison County journal. [volume] (Middlebury, Vt.) 1883-1885, 1883-06-29
III. M~IDDLEBURY, VT, JUNE 20, 1888.
&fofc Ncms.

The jury ut st. Johnsbury. in the ease
of the State against Alice Day. for al
legged completely in the larceny OF Il team
retained II verdict of guilty.
A resident of this village retired the
other n ght, and after a short snooze
awoke. finding the air very oppressive.
He arose. CROPPED his way to the window.
raised it. and returned to bed. and The
remainder of the night enjoyed refresh
ing sleep. To his great amazement lr
arose in the morning and found that he
had raised the curtain and placed a cont,
under it.-North Troy Palladium.
On Saturday a suit was commenced
against joel NJ. Haven of Rutland by iu,.
Rutland Railroad company. in which all
his real estate, hotel. hotel furniture.
horses. etc.. were attached. An attOrnrv
of the road makes this statement to Il
Hcr0ld representative The sum demand
ed in the writ is S60.0 10. This claim. W.
understand. is for IL deficiency in til.
funds of the company. of which Mr..
Haven was treasurer. Other writs were
afterwards served in favor of other credi-
tors. r. is supposed that his estate.
which is large. will eventually be set
tied in the insolvency cOurt. A bill IN
chancery has also been brought by til"
Rutland Railroad company against Glenn
ent & Sons for the purpose of o. tanning
the surrender and cancellation of certiti-
Gates of Rutland preferred stock, and for
which he furnished II certificate which
WAS an over-i>sue. They are eijoined from
disposiug of the certificate until the
question of their validity is determined.
1t is thought that for two or three years
pa t he has been accustomed to making
sales of non-eXisting stock and issue GER
t~iticates therefor. afterwards replacing
the shares by purchases in a lower mar
ket. speaking of this course of dealing as
selling stock short" As Don as the
fact was known to the directors his re-
moval was quietly effected. and Mr..
james ii. Williams. president of the
First National bank of Bellows Falls.
has acted as treasurer for the last two
months. The books have meanwhile been
thoroughly examined. and the history of
the Over-issues ascertained. as well us
the devices by which they were conceal
ed. This examination also brought to
the surface the misuse of the company
funds. which successive Investigations
by expert accountants had failed to dis
close. 1t is understood that the company
is secured against loss and that Mr..
Haven was alone responsible for the
transactions in question. Since the dis
covery of the fraudulent stock issues the
railroad company have managed the
affair with great caution. and have given
Mr.. Haven every opportunity to eXtricate
himself and to explain the situation. if
possible to 10 so. 1t having at last be-
come apparent that no explanation could
be made which would show the transact
tons to be legiti nate. and that it was
Impossible tor Mr.. Haven to protect his
creditors without illegal preferences. the
course above stated was determined upon
at the recent directors meeting. and at
once put into execution. We understand
it will be followed by other measures de-
signed to protect the interests of the
company. ana that the f Hest publicity
wi he given to all the facts as sOon as
it can safely be done.