New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-10-01

now "THE ELMIRA GAZETTE" WAS
BOUGHT.

Il
la Tweed. David B. Hill, Frank H. Atkinson n"o
Ei.rton nds. II was notorious that Tweed was
Ifnief and was robbing the people oil New
tJr;s assdeiate stockholders of The Ga@eHe "eio ~
snarentlv not disturbed by his III fame AO 80
thev male no attempt to break OF business Iva"
tions with him. They continued ao''0ty -
operate with him in the business h,''""s 1o-,
The Gaze,te till he sold his stock Oh juno ~ =,
Po-day tho certificate Of stock lss"ou " y, ID
representative Edward l.. Patrlcke Dy D"NIu "
Hill as president of The 6aSe'F Noupa"g "-
Patrick transferred to Tweed, was eNhioi'c" uS "
oent,ep,an into whose possession II has come ro'
-, ,,oor. n has been concealed. Probably MI
nan .h;ks II was long ago destroyed ana mas sheu
No +oa,S over the possible loss of paper bearing MS
ond ITweod's signature. Twced's ccrtlhcate Oh
stock. when compared with the certiucate Moor
noratng The Gazette Company eXcltes INC susplCion
that Tweed may have furnished the money TO MT.
Hill Mr.. Atkinson and Mr.. Ti1d to buy the news
paper 1weed's representative bought HIS S'o0N
precisely on the day that Messrs lin, AtKluson'
and Tidd appeared before Recorder Miller mere ana
made their acknowledgment that they were tho
nersops who organized The Gasette Company Inc
newspaper for many years had not been prohtaoIe
concorn and had been organized and reOrganlzed
renaatedIy. On May 10, 1862 it was bought by
Ionis A. Hazard, Charles Hazard, Stephen Nc
Donald, Stephen L. Arnot and Hiram Z. curtis.
Then as now, it was IA Democratic newspaper. IL
attracted the attention of David b. HE theh
rising Democratic politician. His company bought
it on July l. 1870. 1t would seem that the mcor-
porators had little capital and looked about Tor ana
The member of the Assembly from Chehnls
County at the time was Edward l.. Patrleh' the
Democratic boss of Chemung County tnat year, as
he had been for several Gefore Hewas an ideal
Democratic boss He had been dismissed from the
Avtnr lp "
of the l4lst New-York Volunteers when Thus dis-
ora,ed in 1868 Returning to Chemung County,
he was received with great cOrdiality by the Demo
Gratis and became their leader He decided thaJ
IJnl Obobad begun the practice of law ut Havana
SCHUYLER County, was just the instrument he re-
ou1ed for certain kinds OF poHt cal Work. ne
therefore made him his lieutenant In leo@'
Patrick was elected member OF the Assembly from
Cbemung County. Onco he had been defeated as
n candidate for Assenblyman, owing to his war
record.
In Albany. Patrick made the acquaintance of
Tweed who was then a Senator from Ncw-lork 30
intimate did Patrick become with Tweed that the
former OF July 80, 1870. managed to sell hlm some
IF The EIaira Gazette stock. 1t would seen that
Mr Hill. rs president of Tie Gdscite Company dio
not like t. sell Tweed the stock directly. Iwecds
name was too much smirched. Patrick was made
the instrument Of the transfer The stock was hrst
nit IN his rame and he transferred IL to Tweed
Patrick is said TO have received stock worth @-'oUO
for thus acting as n medium of exchange.
The certificate bears on its face David B. liPs
small aud neat signature while upon It's back is the
signature OF William u. Tweed written in the bold
LARGE ham, that he affected. Tweed also wrote the
assigcnmnt of his stock to some unknown person,
said to be Mr. Hill that the collector OF the hand
writing of notorious criminals will have a good
specimen. The certificate has on its face two
engraylngs both OF newspaper presses An internal
revenue stamp also adOrns one corner. Across the
top OF the face Of the certificate run the words:
Incorporated under the laws of the state OF New
York At one side is the number of the certificate,
" 80. g." and upon the other side the words 200
shares" Across its upper face are the words
GGazette Company of Emira, New-YOrk; Capital,
S4GOCO shares 500" The instrument then says;
This is to certify that Edward L. Patrick Is entitled 10
200 shares in the tapta stock Of the Gazette Company
transferable only on the hooks Of the company IN
Elmra, y. y, July 80, 1870, David b. Ill., president.
N1iften across these lines are the words IN red
ink:
"Cancelled and certificate No. u issued in lieu
thereof Horton Tidd secretary
former Office Of the company said to-day:
Certificate No II was issued to Mr.. Hill in lieu
Of No. 81 There is general bclieflherc that Mr..
Hill bought Twced's stock ana at a low price. The
diverse side OF the certificate bears in one corner
tie words, No. g." and in the other, 200 shares
Then follows:
assign, and transfer 10 the Hon William NJ Tweed, two
hundred SHARES Of the within mentioned stock and dP
hereby constitute ard appoint the Hon. william NJ
Tweed my attorney transfer the the books OF
day S Of ssptaiaber. a. d. is7o EdSard L. Patrick
For value received hereby SELL assign and transfer
to BLANK 200 shares of the stock of tie Gazette Com
lang Emira Y. OF Nhich tlis Is the certificate,
do hereby constitute and appoint blank attorney
10 transfer the same OF tho books OF the company
". NJ. Tweed. -
Witness hand and seal this 18th day OF June. 1871, 8
Poster Dewey.
Patrick cunnIngly took every possible preeaution
to prevent Tweeds money from being traced to Mr..
Hill. Twecd's check for $4,000 and was
drawn upon the Tenth National Bank Of NewYork.
Tweed signed OH June "a, and Patrick del osited
the check in his bank June 80. IL was drawn
payable to The order of L. L. Patrick, attorney"
Patrick at once drew So 500 of the money. $500 in
cash ana s., 900 in a draft the National Park
Bank of Ncw-York. The $1,000 uestionably
was paid to The Gazette Company that is to Hill.
Jidd and Atkinson. There other deposits by
Patrick also. which may have had some relation to
The Gazette negotiations. On Juuo 30, as stated,
Patrick deposited $4,000. On July IL he dc
posted 81 200 in checks; on July ~, SO, ,000 and
July 90, So, ,G0c. total $19.SCO. Upon July 80,
he ostensby bought 2GO shares OF The Gazette for
which he paid $4,000. Outside of Tweeds money.
Patrick did not have $4,000 to purchase The
Gazette stock. Tweed paid his $4,000 to Patrick
OIL June 81, but the 200 shares of The Gazette
stock bought fer him by Patrick were not given 10
him, as shown by the above certificate till Septem-
Der 10, 1870.
1t is also shown from this payment of $100 900 by
Tweed 10 Patrick as early as juno 27, or three
days before Hill bought TIE Gazette that the latter
relied on Tweed's money to help him purchase the
paper The articles of Incorporation of The Gazette
Company show that ii not incorporated TIL
July l. 1870. While Patrick was receiving
Iweed's $4,000 and checks from other mysIc criOus
persons. me .organzation, OF Ihe Gazette was in
progress and it not till July 30 that the papers
showing the Incorporation were filed by David b.
H;ll. The newspaper started, under the manage
ment of Mr. Hill, backed by Twccd's money, about
September l. 1870 Mr. Tweed, although he NAV