New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-01-22
HE SOLD DOCK BOARD INFORMATION.
WILLIAM LIVINGSTONE TOOK MONEY FOR HELPING
OPPONENTS OF THE CITY.


OPPONENTS OF THE CITY,
A suit affecting the title of the water front be-
tween ECht h and Ninth SITS. on the East River has
been in progress between the Dock department
hn Valued at and the ownership
by john Roach and the estate of George Law. Inc
case is TO come up before Judge Van Worst III the
present session OF court. A few days ago President
Koch, of the Dock Beard. learned that information
relating to the suit had been furnished the coehsel
opposed to the city by one OF the employees OF tle
board lie Investigated the report and
learned that William Livingstone, Searcher OF
tfs In IS He bsa received $500 for it and was to
get $500 more if the CITY lost the case; Whe9 ne
learned that the facts were known he dld not deny
furnishing the information. lie onereQ MS reslB-
nation al once and 1t was accepted. Livingstone
in awntten explanation denies that ne mas d0ae
ANYTHING unlawful or fraudulent lie says that
he has taken no records from the Department TO
furnish information, that such information came
from the knowledge he had obtained by study oil
the State laws at night and at times when ne was
not in fhe service of the CITY, He has been for ten
years in the Dock Department. He received sal
ary OF 80, 00O .,ao
of the Corporation Counsel and made him familiar
with its policy" said Mr.. Koch ana TINS should
have prevented him from selinginforma,lon against
the city If such information mad been applied TOT
from the Department records by the defence ana IL
had been denied them, they would still have had IT
within their power 10 apply to tue courts o sustain
their demand. After an investigation OF the cir
cnmstances the Board thought that nothing could
be done with Livingstone; so MS resignation was
accepted.
WHAT TO Do WITH THE STOCK EACHANGE
The meeting of the Stock Exchange yesterday
Afternoon which had been called TO CONSIDER the
report of the Committee Site was unusually
dccorous. The conspicuous slip was made by Ans
lev = Davis who inquired about the ways OF rais-
ing the money for the proposed alterations Adj
dressing the president he began his speech III ABOUT
these words:
IL IL clearly understood by the gentlemen here and
yourself
II was some tirns before Mr.. Davis was able to
resume his remarks The result OF the meeting was
that several propositions for the Improvement
OF the present building will be submitted to vote
to-day The polls viii be closed al p. H. on Mon
day The propositions are briefly: 10 alter the
present binding without nuying new property; to
add the next adjoining lots Oh Broad and wall SITS.
toward the junction OF those streets; 10 buy the
whole corner property; to AID 70 TINS acquisition
the Mortimer property at Wall and New StS.; ana
filthy and lastly 10 do nothing at ALL The cost OF
the lOts and buildings necessary 10 give tIe En-
change the full front Wall-st, from New to
Broad sts is So $685. 00 OF TINS 81, 100 600 Is
required for the Mortimer property west OF the
east to Broad-st. aud south 10 tne Bfoad-st front
The cost of the two lots next 10 these entrances,
but leaving out the corner property, Is HG4O,0OO;
The common opinion among the brokers a1ter the
meeting was adverse to any large changes. 1t was
urged at once that no Dlau for RAISING money fOt
the proposed alterations had been sunnl tte1 ana
that if the cost was to be met by the sale OF new
memb.rships the present accommodations were
good enough for the requirements OF business The
Committee on Site, which fayOrably reported the
eecoud plan at estimated cost of not over II, 600
600 is constituted follows Il. A. Drake, chair
man Il. X SturgIs, James ID. Smith, Brayton Ives,
w. s. Nichols, A. NJ. Cahoone aud Donald Mackay.