New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-09-20
III.


AUGUSTA, Ne. July ,, $50.
MY DEAR Mr. FISHER: Nouasi me if | am sJi i-l
with tho Offer you make me OF share III your nc" rh.-
road enterprise
OF course an more than satisfied with the terms Of
the offer. think II a most liberal proposition.
II hesitate AT AN, il il from considerations no way
connected with the character of The offer Your liberal
modr or dcaI am ne i'm all our business transactions
~ the past c-ht year, has not passed vi hout J u p
prcciaom what wrote yon ON the -9,h Wa intended
10 bring Caldwell to "a definite proposition That all
90 to Bu,ton by train that carries this letter.
ana "lI call ~ your once tomorrow al - M u YOU
don't happen 10 be ill., no matter Don't put yourself To
any troubi- about II. Yours j. g. b.
W. Fisher, jr
In tins letter Mr.. Blaine accepted Fishers offer
respecting the purchase and sale OF securities. He
subsequently made the following contract with
Flsber:l
from71e Congressional Record JDe . 1875, page 1909.
Whereas have thi. day entered into agreement, with
\. +. Cobun ANA suudry other parties resident IN
the common stock, preferred stock and rst mortgage
bonds of he Lutte Rock and Fort smith Railroad Com
pdl. upon said parties paying o me the aggregate sum
I 4 rI,iu. and delivered Ia Said parties hy si,t B,.
Now hi, agreement Wne,oc, that upon the dur tuIn
meut of the several contracts referred ~ by the pay
tiou~ the receipt of which is acknowledged hereby
agree deliver 10 j. q. Blaine. order the ,ime
come into m, hands A. assignee Of the CONTRA, for build
ing the IIttc Rock and Fort smith Railroad The following
$40 ooo Of The ir,t mort , bonds .,ld s. - 500
And these $4,000 Of land bonds and $4,000 of int
mortgage bonds thu, agreed Ia Dee delivered To said h;
are over ana tbovc the securities Agreed 10 be delivered
hy Warren Fisher r. assignee, o the parties making me
contracts. which ptrcs with the several amount, 10 10
paid b, each and the securities be received hl each,
are named in memorandum on the next page oi Als
sheet.
And is further agreed. that I'm the event Of one OF
said parties failing To pay the amount stipulated Wh
the amount of securities to be delivered To said bhue
under this agr enet shall be reduced In the same pro-
portion that the deficit OF payment bears 10 the a--V
W1RnrN FISHER. jr, Assignee.
Witness:
AIvAN r. FLANDERS
Stamp
siacc ct the for building the Little Rock and
Fort smith Railroad.
lsecond and third pages " mem. book
Mr. Blaine had negotiated for block Of the
securities, which were divided into three classes
frst mort gage bonds, second mortgage bonds
and stock. The price. as Mr. Phelps has
explained was three for one. That ~
the purchaser got first mortgage bonds Tor
his money and an equal amount OF second
mortgage or Immigrant bonds and of stock
thrown In as the basis of possible profit BON
Ma ligsu aud Fisher IN their sworn testimony
stated that the latter received from this sere'I
transactions about the same average pe'oeniage az
from other sales made 10 Josiah liardwell hlishs
Atkins aud Others. The following nen'iandam
shove tho operation IN detail !
Cpnttnrta made 10y warren flahpt n with Tho inO'w
ING nintd pfsuns o dlltpt the stock aud bonds naih
un tioit payln the ainVuuts named