The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-10-20
uOEY INVITED THE SUITS.
.,rs HE rs BLAMELEsS TOWARD THE
sA'' iDIMs EXPRESS COMPANY.

80. arc Filed In Monmouth County.
m, summons and writ Of attachment in the
..,an NJ Henry Sanford. rs President OF the
saams EXPRESS Company. against John Hoey
H Aua carved upon Mr.. Hoey while at belmont
S s' vesterday by Deputy Sheriff Joel o. Stew.
Mr. Hoey's letter Of resignation as o
s.snooer OF the company is rs follows:
a,. a, Adam. Erpras Company md Clarence 4. sreard
L., stc,dury.
-s,rs: After moro than forty years Of faith
a., soryico to tho Adams Express Company I
h.ve been removed from Office as President by
majority OF the Board OF Managers. and ON
Alarmed that large claims are about to be
NADIA against me in behalf OF the company.
based upon several alleged transactions. i
have been grossly misrcprcsented as to these
transactions. and am prepared to maintain.
and sball maintain at tho proper timo and in
the prorer way. tho entire propriety and fair
ness Of nv conduct in regard to oil Of them.
INVITA- a judicial determination Of any claims
vblch may le asserted against me in behalf Of
he company II the proper tribunals shall
s,y that owe anything to the Adams Express
cnmpany shall most cheerfully pay it.
-Ifnd myself in the mem time placed in a
,oston Of antagonism to q majority Of the
Board and to tho official management Of the
.ompany 1t is manifest that under these cir
.umstanccs and during such controversy I
cannot properly take part in the deliberations
ofthe Board. and herewith tender my resig-
nation of the Office Of manager. Worry respect
fully JOHN .doEf.
"NEw YORK. Get. 49,"
TRENTON. Oct 1.-the suit threatened by the
managers of the Adams Express Company
against OK President John Hoey to recover the
amount of money alleged to have been misap-
propriatcd by him. was begun here in the
intel States Circuit Court to-day. The ac-
ton is brought by Henry Sanford. the new
President of tho company. Seward. Guthrie
& Morawetz arc his counsel. Tho Court Is
asked to issue orders compelling Hoey to ac-
count for the sums taken by him and belong
ing to the Adams Express, Company. and to
Sanford: and those whom he represents.
into the real and personal estate owned BY
W voed The Court is Furthermore asked for a
decree to establisha lien Of the Adams Express
Cen s that rr Ss to estate hasch Pse HSsR
either individui lly or in connection with other
persons. acquired an interest n IN the business
gany. the kinsley Express Company; and tho
The s sum d sa5os$. which Was the full Saias
press Company Tor $3.50 900. causing the
money to he Paid to himself end others
holding the same in Il fiduciary capacity. By
g doing. the bin eontnues. he apIr9priatel
to rk M Aasms re-
pany. Prior to March II. 1883. Hoey. either
Individually or in connection with other per-
sssfSa oqR tn
a sSoys na ths bs
h fn n Hn Evnrn0o ,Don
Tor $50N000, and ny SO doing appropriated
$4,000 to himself and others.
1s sass an ne oee Il shss ths
Express Company. Of the said sum Of ssS3UUO.
u4s n fraud Of tho rights o; that COMPANY. and
entities the company to, demand and receive
nom him the profit made by him on the two
ss tSe enss tSSs ens 81 ke
Inc Bill recites further that o. c. Babcock
Company. He died prior to January. 1855. At
the time OF his decoase he was indebted to the
express company In tho sum OF about S1o.OOO.
pointed. and she desired to fully pay the debt.
En- tha she Hoey the sum nn Of
or sny poon Of L to the ans
Of the debt. Instead he appropriated 1t all to
his own use in fraud Of the rights Of the COM
Mr. Sanford believes that Hoey spent tho
whole or larger part OF these moneys in the
purchase OF real estate at Long Branch and
furnishing them. For that reason a decree is
asked to give the Adams Express Company
lien upon the property.
about r sfs a aSsyd + o@ TN
Guarantee TT ust and Safe Deposit Company Of
his individual! bond together with mortgage
on his real estate. tho mortgage being exo-
Gsutrd BY his wii,s. Josephine. Hoey, without the
procured from Charles N. Hay, the cashier Of
tno company. check Of William L. Hubbell.
m then e. rrensuror Of the company. for Sl04-
GGh lleS was made payable TO the order. VI Hay.
I dlG latter endorsed tho check payable to tte
Hunk View York Which reanved Il ana
charged the money 10 the account Of the
Adam; Adams ExE'se Company. Hay thu. hill con-
IauS on tho taith * this CHECK eert iii
q a sa ind saS DenSslt Gompsp9S ,er .hs sa@
iSm e1erk and certificate were dnted June lU
the ' csr n IL" neIT day. June IT, Hoes gave
DPosit 81 fs tasns sse Ta%st ane
ts" ,iI The certificate was subsequently paid
Cy ,Ie hank. Then Hoey delivered the original
the .sL m@r!sasc !" iiInhbeli inafyIdasllS
te. .hs r;TuremGt Fl this SlOONO Is charac-
hI II august last Hoey also rsceiyed from Hub
T. VIC p!H says u chGck Tor S[O,OOU. deposit
tts thereior az collateral security shares Of
su mk OF The Southern Express Company. Per-
hn,sn.on by decree Is asked to sell these shares
W INV nuei itn, publicly or ut private sale.
ANY, piii Includes general charge to the |
e eihect mat Hocy has taken divers and sundry |
yy'n 'r lhrEo sums, the property OF the Adams |
tatpress Company, in breach Of trust OF his re- |
ns'iuhs thert" The Court Is ed to demand |
a. sya nun iull and complete answer to each and
eEEery accusation. |
n iaiIElIoLD, Oct 1o.--Tho newest develop
,reh IN the fight made by the Adams Ex- |
for company against John Hoey Is tho filing
to record to-day with County Clerk Haight OF |
RI "mortgages and u lease signed by Mr.. Hoey. |
er muy are all dutod Saturday. and they were |
Of c nnte and sworn to before Wilbur Heisley.
ye n"ny Brnnrh, who Is one q Mr.; Hoey's law
tonn,,, NJ Heisley took tho three documents to |
s Govern all C as r. HHaghts office himself They
t6r ns fs u Tho most Important one Of the
do eue6sk C. Hosy ms trustees for $4,000. The
two men says the mortgage WAS given to the
s sSii I nnis named because that whereas
Ear Fanlt to borrow money from the Long Branch
%lch ~ ~ shah give and make payable to the
tad TO- and boing DESTROYS OF securing 70 the
crest second part the payment thereof. with In:
my and al renewals thereof. and that the said
bn aMt the parties Of the second part, shall
nav, the right to assign and transfer this
mortgage to the Sli6 hn N Il, pf, q