New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-04-07
MR. FIELDS BOND CISE.
REASON FOR TIE REJECTION OF HIS BIZ

REASON FOR TIE REJECTION OF HIS BID.
! RELATIONS WITH WORM EK AND PEAHShLL-LIhU-
| TENANr-GoytRNoR AMFs's TESTIMONY.
BOsroN. April G.-The New-YOrh and New
England Railroad bond investigation went on THIS
| morning. Mr. etackuoe read the deposition OF W. ;.
webo director, saying that Mr. Foli made no threat
about iorcoloslng the mortgage but that his remarF
related 10 what Others might 10 lle SAID he never
under stood thu, Mr. Field wanted to week the road
Me-srs. Womser and Pe,rsal OF the Field syndicate
wee then sworn Mr. wurmser told OF the formation Of
the syndicate and their expectation to mike i've TO ten
points, perhaps better on the bonds He knew there
! Was ~ overdue coupon on the bonds He slgned the
protest OF last November and the petition asking for
damages. He felt that ny implication an lmputation had
been upon by the Governors letter to Brewster
Copo Estabrook, stating that tue hid was rejected
Mr. DaDney read from tue card OF WOrnsor AN Pear
sail saying their characters had not been assaiIed ny
name impdtatOu, but tua. they wanted moaey
| damages.
Mr. wormser qualified that by saying he meant they
we're not involved IA to character ai.i reputation 80
was Mr. Field and that the hearing seemed to relate
espcrally to the character OF Mr.. Field. When hard
pressed by Mr.. Dabney, Mr. Wormser said he dill not feel
seriously there had been al imputltlOn and his
real ferlings expressed IN his at't cara to the
committee saying that it not question OF character
but OF money damagts
Mr. P-arsll repeated the story OF now he came to
agree to 20 INTO syndicate the invitation % young
| Mr.. Field recommendation OF his .ather, Cyrls W.
He knew thing road hut went into the s H.
dicate brcause had confluence MI. Fields juig-
mont II never occurred to hun that he lai ciam
AGAINST the state until sOmeho'y suggested IL 10 nm
1t va suggested BY David Dudley Field .
Lieutenant. Governor Amos an! the Ccuncil OF 1850
sworn and Mr.. Ames Took tue stand. lie sal
that August september lss5 lie hrsi learned IRON
Treasurer Gleason Of the ares purpose To sell inc
bonus. The question OF preferred stock never came
IN S hG Of the vsw York and Sew England
.t.tft,n Fine. re - Lar
M Ike the road strong. Witness had ~ ronyels 'tOn
with NJ Clarke about form of advertisement. It
was not drawn to exclude Messis. Firi sage. He
never knew that Field wanted bny the oouds and
mould e mot Of paScs s in oe no ia
Codnei Chambrr III the presence OF the Council ana
parties. These bids all rejected. NEGOTIATIONS
were then for the selling OF tue bonds
privately by the Treasurer ny authority OF be Councn
Tho authorized 70 sill 1t certain price
subscription by NIrssrs Field and sag" September
% t" he 920ooDo OF the prferrod stock II was u!en
rejection OF their hid THAI gwen by Me'srs ciarke
and lower III regard 10 Mr. Fields remarks ar me
directors meeting and that given by Henry L. iIggln.
spn. The GovernO' aud Council were satisfied hst u
would for the state 10 take $4,000 less than
offered Mussrs Field and sage rather than To sell
Mi Da6ney brought out tho point by Mr.. Ames hat II
Mr. Field had held tenth OF the stock and one hall
OF tue "rg.se bonds before foreclosure he WON'T have
he womI; have held one half OF the property. TO MI
stackpole said he believed The lids were
higher than the STATE would cc again lie WAS RAID
tire Boston NrwYOrk parties would come together
and arrange matters: -,,. u.,,, al, a,,o,hor
Mr.. Castor said: don I peheVe Will Assn ano'n''
Adjourned until 10 a. NJ. to morrow
ANNULLING THE JERSEY CENTRAL LEASE.
DECISION RENDERED BY THE UNITED STATES COURT
IN PHILADELPHIA.
PHILADELPHIA April 6.-The decree of the
United Circuit Court IN the jersey Central Kali
road case was filed afternoon. and Is ne follows
And now April g. 1856 petition Of he Central Rail
thu
option Of terminating the eiss betwesn the petitioner
| and the Phadrlphis aud Reading Railroad Company.
dated May % 1888 and tine answer thereto OF sle san
| Philadelphia aud Reading Railroad Company. aud OF
the rece yrs thereof been referred TO the spec al
Master In this cause is hearing and consdsra-
zion OF the exception rd TO ths report or said Master
thereof Uhe thirty fourth) ordered adJudsed ana de-
creed, as follows. VIZ:
First. the exceptions filed TO tn" said report are all
dis second the petitioner. the Central Railroad
Company OF NewJersey has leave TO exercise its option
OF terminating the lease it aud tue said Phia-
de phla and Reading Railroad Company, dated Nay ~,
lss3: third. George De b. Kri'n and stephen
A. Caldwell. receivers Of the Philadelphia AMI
! Reading Railroad Company, are directed
upeu notification In writing, OF the purpose
OF the sad the Railroad Of NewJersoy to eSer-
else option azores u surrender and deliver 10
said company Ali the railroad nov In
their custody under their control and which wcro De
road Com pany by lease aforesaid, toxeber with All
Inc Thereto Including roingstock he
no,s atoms stations ferries ami rights or isrrI
,x. ana Other properly, real or personal AZ Il nee
essary Intended Tor use In III" operation OF the sad
railroad four h. u is ordered that ali matters IN dispute
parte- shall be adjusted ana dete mined
proceeding aud to this end the special Ma.er n
directed such statements or account as tn1
rites respectively submit 10 take evdehc" WIN
thereto and thfreupon To report: ~ Schedule
Of all the property Of every character not previously
surrendered under the ihlrd par-grah 81 ths decree
which should deyered by The receivers of the Ppiz
de pDis and Reading Railroad Company TO the CentraI
Railroad Company NrwJrrsry upon the exercise nv
aad la toned company OF its option TO terminate
The aforesaid C2 account Of all claims ana ne
m,nd. of of the parties against the other AMI 3)
such form of final decree the master may recon-
mend,