New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-09-17
TT WAS AN EASY TASK.
WOODRUFF TELLS HOW IVES GOT THE
RAILROAD.
STOCKHOLDERS SHARES ELIMINATED AND
CERTIFICATES MADE TO ORDER BY CAS-
light 49, THE YOUNG FfSANcIER
SAID 1T WAS ALL RIGHT

o,,d hold evening sessions Proceedings VIII open
at II a. M daily, and at 80 p m nan hour Iceees
will be taken. At p. m. session Oh -FOUR houiS
an hor,o From @ until p. m. will be the dinner
bour and from : to 10 p. those cOncerhcu III inc
case Will digest their evening meal ana ao"p' al'o
~ dico.t the legal fare literally provided The
poco,dcf,s announcement the most eXcltihs oc-
currence of tho day. The faces OF the jury "nen
,hnv heard f. afforded studies In eXpiessioh' Inc
mixture of CONSERVATION and resignation 'ha aEau
Ybe twelve men produced result tha' was ps'ncup'
p, there il some consolation in the thought that the
Recorders action will pack the rest OF the 'ral mo
fewer DAYS by many than it would nave other"iSc
have occupied. -
Edward W. Woodruff. known during his tenure OF
office as secretary and treasurer OF the CINCINNATI
Hamilton and Dayton Railroad as +. wilson WOOD
,d supplied the prosecution yesterday WIN tno mos'
vital points on which its case is based' "Oourun'
whose direct examination was completed, made
GOOD witness for the people, as, owing 10 tho pupo
81 i.o,o rebearsals of Il in which he has induIged,
10 had his story cut and drled,' and gave ready
answers 10 most OF the questions ashed hih' MI
Ives is said to have at times expies'ed cohehp uous
oninions about Mr.. Woodruff Mr. WocdruH Is GER
tainlv not a heavy weight lie IS an ihsighlnca"t
looking young man, with face indlcauVe rainier Oh
ct ~ character than of the possession of It, To be
somebody,s factoum and agent would seem 10
-. ~, natural spbere and according 10 what
- ,.s himself and to what Is known by others
no shifted Mr. Ives to nicely Wmle mat schai
voung fnancer had not yet diSgIaced hinSe Oy pcns
Snd ont when Mr.. Woodruff to-day falls into
the hands OF Mr. Brooke, " the Lord have mercy Oh
Mr. Woodrllf's SOUL o. ,,, -.
AR WoodruG's voice was not easily audible except
. ,hoso near bv and Recorder Smyth had the windows
oI-od IN order that the big noises of the streets
might he shut ont and the tiny noise Of Mr. wood
ruG,s mining might DO shut in From that m"meh'
life hogan 10 be a burden to all the unioftuhacs III
the dincy courtroom, The atmosphere oil "hch TapuS
acquired qualities not possessed by the most sweat
inducing part of a Turkish bath. The question ho"
unnermost in the minds Of all those who have TO
attcrd the trial IS Supposlng Mr.. Woodtuh Is Kept
an tho stand during the ten long hours OF ths days
eession Will the Recorder still insist on sacnhclhg
ventilation to vocalism!'
Henry S. Ives sclfconscious 10 degree "hhc
his former fellow clerk partner friend, iacO'u anu
tool gave his testimony. His efforts 10 cohceai MS
nervousness made his nervousness painiuy apparent
He yawned frequently, smiled often, chaticd Win MS
counsel and made great show Of examining documents
Occasionally he gared through his shining spectacles
at Woodruff but Woodruff never allowed MS eyes 10
meet those Of his old associate.
Much Of Woodr1lffis narrative is we'll known that
a few outstanding points in 1t will recall The details
of IT, He told how he had first met Ives as fellow
clerk in an advertising agency; how In the cohse Oh
some months he became connected with ives, VINO
was then dealing in stocks and bonds. Woodruff was
taken into partnership by Ives but he ceased 10 DC
partner in December 1855, or January looo 'houeh
he remained In the employ of Ives as clerk Inc
firm of H. S. Ives Co. was formed In feDruary' looo.
George H. Sayner, Henry >. Ives, ana aterwa"
Thomas C. Dorcmus. were the partners in it, Soon
after ,be formation OF the firm Ives and Stayner
I'm the witnesses hearing agreed that 1t would be "a
very fine thing TO obtain control OF the CINCINNATI
Hamilton and Dayton Railroad Company" The nrm
began buying stock in the road and in june 1856 IN
Cincinnati the trio Ives Stayner and woodruff, met
and the principal Offices In the company were secured
Woodruff took no active part In getting MS own ap-
pontment. but. as there was fat salary attacheu
Barkis wiln'."
Having got the Offices, the potters promptly used
their new powers to obtain possession of the vital and
essential books Of the company ard lis seal lh'se
were got from Old Short as Ives the VII a" wen
as the Macchiave OF the crowd ahectlonat"Y calleu
HIM Mr. Short had signed III blank the ccHihca'eS III
the certificate book. The newly made railroad mag
mates then took the train and went to brooKNh'
There in room in the third story Of stayners mouse
woodruff, on June 81, made ont certificates accord
ing ia Ives's directions fur 5000 shares There were
four certificates for go shares each i've for T-oo' ana
the rest were made out In blocks Of 100 Inc mum
hers of the certificates thus filled out were from o''O
To GOO inclusive aud the names used were thosc Oh
four clerks in the Office Of Ives. They were da'ed
June 49, IN
rates for cancellation against these shares {" asked
Mr.. Parker ~,
This question aroused all thr pugnaclty OF Mr.
Brooke who objected to it, aud insisted that when
Woodruff signed the stock rs Ives directed MN inc
Issue was complete and if so, the question OF haud
was ready TO be decided by the jury that, In word
the peoples case was all IN The OBJ
lection Of the clever counsel for the
defence shared the fate Of all his
directions The Recorder overruled it, and declared
with asperity that he didn't want to h''ch W any
long arguments st,,
Woodmft's answer to NJ. Parker was " dh's
eWhen!' As nearly l can ccoilec'' aoou'
March /, 1857"
And how many''
aTwo thousand three hundred, of the par value OF
S23O 900" -.
The witness visited Cincinnati again the week
after this transaction in certificates. lie went WIN
Ives and George IL. stayner, ir. said he MI ives
tol me that there to be 1900 shares oil TINS sioc
sent TO Cincinnati for transfer lie also SAID that IL
old Short got hold Of this stock no would Rio" lheie
was something going on that was wrong we 'hcr'-
fore went TO Cincinnati. arriving on the morning
of lime "a visited shorts Oiicc, and there Wdlcu
until messenger brought IN 2.9oo shares Oh 'HlS
stock issued on June 81. We took the STOCK 10 Ne"
York and the stock was there subsequently, trans
ferred al 40. % broadway. frequently ASKED MI
Ives when the stock issued on June Il would De H.
lie said he would see 10 it that 1t was all right"
Ten moro of the certificates signed In blank by
Short were alterWard issued by Woodruff al Ives
dictation one short certificate was leii' ana Ives
told the witness TO make 1t out III the name OF one
~ the clerks and he did this. The aggregate number
Of share, OF stock now Issued wa 100. Woodruff
next act at Iyess bidding was 10 destroy the stock
ledger When Woodruff answering questions IN
relation 10 this, Mr. Brooke interrupted with an OBJ
lection.
Take your scat. SIR said tho Recorder.
Mr. Brook.-I am before your Honor on proper nat
ter TIE Eecord,f-TaAc your lat
Mr. Pfookc-I oh. The Re -o.dcr-Tahc your sect.
Nj Broolc-With great pea-Grc, III. Tho II cordcr-
Take IL az once, si
Mr.. Brooke l>trr)-Yes az. (Gsrs)-Now, I Oh.
iert sir ] ray Tat this witness Int answering tho
aUe.tor / move The RcoGiier-I won't listen you
! al. Ia