New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-13
THE TELEGRAPH LEASE

THE TELEGRAPH LEASE.
NO DIFFICULTY ANTICIPATED IN SECURING THE
ASSENT OF THE STOCKHOLDERS.
1t was reported IN Wall Street yesterday that the
leasing of the Mutual Union lines by the western
Union Telegraph Company was opposed ny s4SH,
holders of both companies and that an appllcatlon
to prevent the fuflment of the agreement 1etween
the two companies had been already maze W 'no
courts These rumors were not Gourmet non Comnanv
are said TO have assented generally to the leasing OF
Its lines and at the companys office II was asserteu
that the holders of at least o Western
Union office 1t was said that the consent VI
the holders of the required amount OF ,f STOCK
would be obtained probably without dlinculty
Five men were soliciting the signatures OF STOCK
holders it was stated but because they had not re,
ported at the Office the result OF their work could
not be stated absolutely The officers of both COM
panles said that they had not been served with
notices of any motion to enjon the carrying out or
the agreement. w. S: Williams, one OF the STOCK
who have opposed the recent increase
of the stock of the company, SAID that
he had nothing whatever to say about me tease
except to express the opinion that an action to pre-
vent the carrying out of the agreement would DC
begun immediately He refused to speak ABOUT MS
own relation TO the threatened opposition.
Under the terms of the lease, the bonds OF the
Mutual Union will be stamped with the guarantee
OF the Western Union Company, but the stock VIII
not be touched. The guaranteed dividends on INC
stock will be paid for the first two years directly 10
the company, aud after that time to the individual
stockholders The reason of this provision is said
to be merely precauion on the part OF tne western
Union to protect itself against any liabilities when
the Mutual Union has not paid. Inc OInceTs OF tno
latter company say that 1t has no Heating deots lof
which i. has not ample assets and that tney eXpecI
to paw the annual dividends in accordance with the
conditions of the lease
THE FRAUDS IN MR.. CAULFlELDS OFFICE
No furer proceedings were taken YESTERDAY IN tne
District Attorneys office in the case oil the eniployes
OF the Comm ssioner of Jurors VINO are enateeu
with corruption. Assistant District httorhey
O'Byrne, who has had charge OF the Investigations
which resulted in the arrest of the four accused
men, said Yesterday that the numoer Oh persons
whose names were found rs having PAID money 20
be relieved from Jury duty would not be near 'ue
nunbe,-3 OOO-that had been stated. There would
bp no wholesale indictments AT present OF those no
had paiu money to McGrath. The police magistrates
Mr. O'Byrne said. had no right to admit the defend
ants to bail the offence oil when they Were
accused was one punishable with more imam
five years imprisonment. different Gp ,na,n.
az to the power of the police Magistrates
was expressed by others familiar WITH inc
code they said that large discretion was gwen
to the magistrates who might consue: N.elhel uI1
Testimony warranteda belief that CONVECTION could
be bad of the gravest offence charged Under sec
ton 9 of the Pena Code person who Is cOncerheu
in the act of bribery Is competent witness agalhs'
the person accused This is exception 10 the gon
eral rule bv which the uncorroborated testimony OF
an accOmplice is made sufficient Tor q cOhylcti0n
McGrath would be competent Witness uli"cI 'ni'
section. A.. .,o
Commissioner Caulfed said YESTERDAY that there
was "A good deal of niscOnceptlOn as 10 the Hutn"Vi
Of persons who are available 20 perform Jury duty
ana The number of jurors drawn each yeat VA thc
first Monday IN each month "a panel OF 100 Jurors Is
drawn for each of the courts and parts OF courts
In addition to thus 80 arc drawn from which TO
select the Grand Jury. On the third Monday OF
each month. 200 more jurors are drawn making
1850 drawn each moth In 1881 report was
made of the work of the Office. In that year notlces
we're sent 10 10000 persons OF tins number
"a 900 appeared at the Office Ct the Commissioner
OF Jurors aud gave excuses with the following
result: D. 900 were excused for disability; lo.Ooo
said that they did not possess the required 500 OF
real or personal estate; 1000 hal served IN the
National Guard or OluDteer Fire Department ana
the remainder were lawyers physicians. oihciaIs or
persons exempt for other reasons. 10 really
left only 20, 600 persons from whom 10 OBTAIN the
tequired urymen. The BOarG fol- the Enforcement
of jury Fines consists of the Mayor and the Chlei
Judge OF each court of record. the Recorder, CIV
Judge and County Jrdge. with the Commissioner
OF Jurors They are supposed TO meet on the last
Monday of each month Really, however, the
question of excuses is practically lett to the Com-
missioner of Jurors. He has the power on the pay
ment of $40 To person Tor that term OF tue
Court IL ia from this source that the ices OF tho
Office are obtained. lie has pad into The CITY treas
ury abont IS 600 q year. Now that the ing IN MS
office has been broken I'D. Nj. Caulheld THINKS
that TINS sum will be increased to -; 900 or $50 :
900 The examination of the accused men VIII
take place to-day at the T0mOs.