Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-06-24
!. & G. N. RECEIvERSHIP.
YESTERDAYS PROCEEDINGS BE-
FORE THE COMMITTEES.
The Earnings and Disbursements of the
Road Campbell Proposed to Be Re-
ceiver, or Know the Reason Why.
Special to the Gazette


their investigation of the International and
Great Northern receiyership.
Alexander and Robertson, representing
the Farmers loan and trust company, in
troduced more documentary evidence bear
ing on the case.
T. o. Woldert of the firm Of johnson &
Woldert was called and sworn. The testl-
mony of the witness throughout was yirtu-
ally corroborative of that of Senator johnson.
T. n. Jones was the next witness. He
testified that under the receivers he was
general claim agent of the International and
Great Northern railway. He knew of q
movement to transfer part of the deposits
Bonner.
Gen. Robertson here offered documentary
evidence showing the earnings and dis
bursements of the International and Great
Northern receivers which are as follows:
From February 90, 1850, to December 81,
1889, the total earnings were s., lie, 171.6S;
expenses, 1892, 1904; betterments, $500,
1913 81
Galveston, Houston and Eenderson-To-
tai earnings, 1911 ,2O5. 81. The expenses
show deficiency of 80, $50. %. Included in
these expenses is SIT, 071.0S for betterments
and renewals
From January l, 1890, to December 81,
1890, earnings of the International and
Great Northern were $500, 422 80; ex-
penses, 50, las, 24509. Included in these ex-
penses is $54s,s57 for betterments and re-
newals.
Galveston, Houston and Henderson
earnings, $4O7, 226. 81, which show deficit
of So. 2262. SO. Included in these expendl-
lures is so, 5S0.62 for betterments and re-
newals.
From January /, 1891, to May 80 the
earnings of the International and Great
Northern were $1,014, 1899; expenses, ST.
116, $50. S. Included in these expenses IS
S203, 800. 50 for betterments and renewals.
Galveston, Houston and Henderson total
earnings for same period, 500. 419. "a deficit,
S72 45465 This includes 80, 47179 for bet
terment and renewals.
John S. Bonner was sworn; examined by
Robertson, The witness testified he is a
resident of Tyler; knew Mr.. Campbell; had
no conversation with him about his ap-
pointment. He and Campbell ate lunch
together at Palestine Monday evening
before the governors inauguration. They
were en- ronte to Austin. In coming to
the lunch room Campbell met an acquaint-
ance who inquired of him who was going to
be appointed receiver, and Campbell re-
piled he would be before Saturday night or
he would know the reason why.
Judge Alexander introduced more docu-
mentary evidence, among which was an aft
tional and Great Northern to Jay Gould of
$500, 600, upon which there was allowed
credit of $4,000 This was followed by affi-
davits and petitions of the Farmers
loan and trust company and other creditors
of the International and Great Northern,
the application of Campbell for special
master in chancery, the report of Campbell
as special master approving the payment OF
$500 to Gus Taylor for damages, reports of
exceptions and judgments on rebates and
advertisements.
T. E. Clements, cashier of the First Ma
tional bank at LOngview, was examined
with reference to the special deposit in the
bank of $4,000, placed there by the re-
ceivers.
At the time the deposit was made Mr..
Campbell was a stakeholder. Judge Nc
Cord didn't have a dollars worth of stock
in the bank.
Mr.. Breitz-Do you know why the s25,-
900 was put there9
Because it was good, safe place.
Laughter.
At the conclusion of Mr. Clements testi-
mony, Maj. Lowe. manager of the Calves
ton News, assumed the witness stand
and said: I beg to ask the
indulgence of the committee for few min
utes. In the Houston Post this morning is
letter addressed to the managing editors
of the morning papers of the state OF
Texas
Mr.. Duncan-'We would like to be
advised before you make the statement"
Mr. AleXander-s.I know nothing about
it."
Col. Lowell desire to say that in the
Post this morning is this letter addressed
by the correspondent of the morning pa
pers, here, the Austin Statesman, GAZETTE,
Waco Day, San Antonio Express and
Houston Post.''
Col Lowe then read the letter sent to the
managing editors of the Texas newspapers
asking them to clip from the News report
of the Goth, and publish the resolutiono1
the Texas traffic association. This letter
appeared in the Houston Post this morn
ing. After having read it Mai Lowe
stated: "Then follows the resolution just
as it appeared in the News of the Goth,
but 1 will call the attention,
of the committee TO the sfaetf
that it bears no signature
while the one in the News was signed
"Chairman." 1t is merely an accessory
document to the letter Of Waldo, heard in
open committee. ask Messrs. Duncan and
Finley in justice to the case that
they request instead of the mere garbled
report, the desirability Of having printed all
the proceedings Of the Goth withothe Access
sorry matter not here, the original letter Of
Waldo, the original contract and the origi-
nal letter of A. II. Belo & Co.; for in this
connection it is proper and unjust to u.s."
Mr. Duncan-'I hope the stenographer
for the News and the other papers will
take down what 1 say as to how this
matter came up. l have copy
of the Fort Worth GAZETTE with
what purported to be a report of
the proceedings of this committee, minus
the resolution which was offered in the
evidence. On getting down here yesterday
/ called the attention Of the Associated Press
reporter to the fact Of the omission Of
an important link in the testimony.
That is as far as I went with him. told
him it was not right to forward part and
leave out an :, important link in
the testimony, because I would like
the great daily papers outside OF
the News to have the complete
testimony. OF course there are great
many people who read other papers and
not the News. merely complained to
him, and he said the omission
was not his fault nor the fault
of any person, as he had so much matter,to
send and there was some trouble with the
wires. AS for the statement that we de-
sire to put in another thing in rebuttal, for
myself / deny it. As for Mr.. loves
statement that he did not want
any garbled extracts from the testimony,
viii say that we have nothing to do with
the garble and if he has q complaint he
should make it against the Associ-
ated Press reporter and not US.
He does not desire the matter
republished any more than we do in the
proper connection"
Col. Lowe-s1n using the word
GARBLED,