The evening world., 1889-09-16
ENTER WOODRUFF.
CONTINUED From First Paoe.)

moned to Cincinnati in June, 1886, by q
telegram from Ives. On arriving there he
control of the railroad aud that they would
make him, Woodruff, secretary and treasurer.
Ives told him he had attained Q not very
good name as Edward W.; Woodruff, and that
Woodruff, and would receive a salary of
IS, 900 n year.
Ives showed his teeth at this and nodded
arprovingly again. Then a, Woodruff re;
suined his story as to the transfer of
and fnit6ful Short TO him, the receipt
which he gave to Short, the certificate
book and its sixty certificates signed i'll blank
by Short. Ives affected 10 be bored by the
relation, yawned and put his long white
hand languidly before his mouth.
EAGER FOR EVERY WORD.
But the affectation was too plain. for q
moment later he was leaning eagerly forward
and glaring at the witness %fercely, a.
ground with his Napoleonic boot heels,
and which had turned. related how after he
had returned to New York with the books,
papers, seals and other appurtenances of the
office of Secretary and Treasurer of n big
railroad corporation, Ives and Stavner got
him to go to Stayner's house and then pro-
ceeded to put the screws upon him.
MAKING OUT THOSE CERTIFICATES
Mr.. Ives" raid Mr.. Woodruff; Mr..
Ives reminded ne that he had got me into II
good office ut n big salary and that ! ought TODD
anything | could for him.. Then he suggested
that / should make out some of those blank
certificates which bore eX-Secretary Shorts
signature. He told me to make out four
certificates for $50 shares each. five for 200
shares each, and the rest for 100 shares eac h.
II made out f%orty-nine certificates IN this
way, and under instructions of Ives | ante
dated them June 10. This was on June II,
and Mr.. Ives sad he had purchased n block
of G.. coo shares of the stock and he would de-
| pOSii the stock on his return from Gin
cinnati."
lves's pallid lips were parted. A bright
red had covered his ears and he seemed not
to hear.
GAVE THEM TO IVES.
Mr.. Parker asked Did You re 'eive from
Mr.. Ives any certificates for lncellation
against that issue 7"
MIR. Brooke objected strongly. and Mr.. Ives
telap.se ed int into a detected old man without in
Mr.. Woodruff replied, Yes; in March,
1887 $500 shares"
Now those first certificates; what was
done with them
SIGNED by sTAYNER.
MIR. Stayner signed them MI. They were
mnde i'll the name of Thomas Moore. Il
stenogrnrher in our Office, Smith, Charles
Graham and II. S. Ogden, clerks in the office
of Ives y CO..
The CO. confidential clerk identified certain
papers submitted i as part of the certificates
made ont by him by lves's rider.
Woodruff. Ives and George ii. Stayuer, IT.,
went to Cincinnati together June 81. 1896,
Ives saying that Short might think there was
something wrong IT the certificates got there
without explanation.
I'VE went directly to Shorts o%fice," said
Woodruff. A messenger arrived while we
were there with the certificates tor 2, 800
shares. Ives met him and told him the stock
was at the Exch nge National Bank. New
York, and then we hurried back to New York,
and on June 26. 2, 500 shares were issued to
meet the certificates.
HOT OBJECTION BY MR.. BROOKE.
Mr.. Parker Intercepted Witness Woodruff
about the Issue of the eleven other certificates
signed in blank by Short, and Mr.. Brooke
objected hotly.
lhe objection was ovelruled and Woodruff
said that by 1ves's order lie I'll ell out ten of
them on June 80, and Ives Endorsed them.
There was still one left, and on Woodruff's
calling IveShs attention to il the young Ma
poleon told him to make it out to one of the
clerks. Woodruff made it out to Robert
Smith and Ives indorSed it.
SEVEN THOUSAND sHARFs ISSUED.
This made 7, 100 shares of stock issued on
the certificates signed in blank by Secretary
Frederick II. Short" concluded Woodruff
with II sigh of relief.
Going back Woodruff tod what his duties
were rs Secretary and Treasurer Of the c., II.
n d.. Raillo Dad Com any and confidential
clerk to Henry S. Ives 4 Co. He had the
stock ledger, transfer book and senl.
Subsequent TO the Issue OF the certificates
of 7, 100 shares of stock" Woodruff declared.
- ives told me that he must not make any
entries in that ledger until / had cancelled
stock as against the 7,lCO shares, which were
an overissue.
But in the stock ledger I inscribed the
account with Thomas Moore. The first entry
was June 80. and"-
QUELLED BY THE RECORDER.
Hold on object =" shouted the belli-
cose MIR. Brooke, for the one hundredth
sit down, Mr.. Brooke. iii the witness
finishes" said Tie mild Recorder.
Blu / nm here 20 il
Isl down Mr.. Brooke =
But am"
sit down. sir. Sit down notr Sit down,
QUICK :" exclaimed tie Court i'll a low but
unmistak able tone.
Mr.. Brooke sat down, and when Mr.. Wood
ruff concluded his answer that Ives when he
discovered that the Secretary had made an
entry of the fraudulent transaction. he called
W, odruff a fool and too him the entry
would give the whole snap away and get
them all into n ScrHpe.
BURNED The LEDGER.
Then Woodruff related that by orders OF
Ives he took tue stock ledger over to Brook
lyn Aug. 10. 1887, the day rcfore the firm OF
Ives X Co. failed for Sl0, 900, 90, and turned
it M i'll the furnace of Mr.. lves's house, 1876
JOrNlemOn street.
Then Woodruff told how, by orders Of
Ives, he regularly made ont the list of S ock.
holders on dividend day and sent it to
Ass!s ant Treasurer Short, Mt { Cincinnati, who
paid the dividends according to that list.
The lists he sent never showed more than
the lawful IS, OcO shares. as he struck off 7. 100
shares each time by order of Ives, so thai
Short might never discover the existence OF
the bogus stock.
IVES SAID HE'D FIX 1T.
Woodruff declared that he had frequently
asked Ives to deliver over to Inn stock fol-
cancellation i'll place of the new issue of JUNE
81 and June 30, 1886, and Ives had each tint
replied: I'm fix that in a day or two ant
you can then s%traighten your books out al
right"
But the stock was never cancelled.
IDENTIFYING THE BOOKS.
Woodruff next identified the stock trans