San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1892-06-08

make contract on this line unles
arrangements could be made in ad
vance. He answered me that all ar
rangements had been made. Tn,
reorganization committee have al
ways contemplated building this line
1 consulted with the owners OF tn,
property also. The road had TO bt
built before any body could get any
money out of IL. 1t should have beer
built by some one friendly to the
road. This would be $2.35 through
rate. We were willing to fix our rate
at so. The Central had S1.S5 rate
or 81 35 through. We had nothing &c
do with the 50 80 rate. only
quoted $3.50 rate from the
river to the gulf. When
first attempted to make q contract
was when found the Central was
making an so cent rate to Houston. /
found the Central was hauling gran
lite at ST So. We have never been
able to quote q rate on granite yet,
except from the Guadalupe to the
coast. The line to the granite is not
yet built. 1 said there liz clause in
the government contract prohibiting
transfer of contract or interest in it to
other parties, and If it was made
known before | got the rights of that
contract it would be detrimental to
the entire contract. Another was
that we didn't consider my personal
business of any interest to any one
else. don't think said "we."
"O'CCnnor and Smoot both thought
it was better to have the matter re-
main as 1t was. with my name left
out. The contract shows it. They
expressed desire, though, to after
ward rut it in. l Lave never signed
Lang's name to any matters. l was
not the first to violate the arrange
ment. The fret time it was men
toned to me was by Macnamara. /
did not deny or assert that was. /
told him nothing. Judge King sent
for me two weeks before, and no one
but the Judge and me were present.
That was two weeks prior to the con-
ference of King, Robinson, Mynderse,
Swenson and others. / had told Mr..
Robinson about the fret of Marcel. 1
don't recall anyone discussed it
with. No, not with Mr.. Mynderse or
Mr.. Swenson prior to this; pot with
Mr.. Lott. Mr.. Reagan Houston was
my attorney and knew of 1t"
Newton-"Didn't he furnish part OF
the money!" Collected to.
Yoakum-To the reorganization
all of them. am not
familiar with. Mr.. Alcott is the
Mr.. Swenson is a mem
Der, Mynderse Is the attorney, and
Wharton-I don't think Mr.. Lott is
q member. You'll have to ask them
who they represent. I'll refuse to
answer that when / am compelled to-
1t is none OF my business. 1 am not
officially connected with the reorgani
cation committee. There are two Ger
tificates floating. The re orgahizs
ton committee took the certificates
for the building of the Waco branch.
opposed 10 but he came in
and signed 1t.
Newton asked him if Macnsmara
the giving of the contract
to Kennedy without any opposition.
Yuakum-The original petition
handed me to sign about months
before the COMMITTEES came, had the
to Issue $4 900 900 in receiv
ers certificates, refused to sign, as
did not believe we could place that
much at par. We would lose $40 .0G0
Kennedy offered to take it at $3.50, 900.
/ believed this was q reasonable
compensation, as long as 1t was sup.
ported by the people who were pay
ing us for the certificates. Pm not
clear what the objection was, but
think it came from the court. Kene-
dy's contract was for 100000 so
signed. I don't know If the commit
tee own the second or first mortgage
bonds. Lott, myself or the committee
had no combination to squeeze any
one. We had no combination with
Kennedy that he should take the cpu.
tract at $3.50, 600 We did not arrange
anything, that we should get any
thing out OF it. / never heard of DR.
Graves donating land TO the company
il they would build the road to
the Union stock pens Only that
he gave them the land for switches,
roadway, shutes for different lines, a
place they could call their own, tor
loading stock. The last talk 1 had
With him was when we drove out to
his place. He offered US shute, If
that's what YOU call n stockyard.
This was the Union stockyards. The
Hickman property is at the depot, on
our track. L aid not discuss any
proposition with him as to making
any donation to the company or to
me- The conversation about build
ing the line to the stockyards-l don't
remember when it was. The talk of
establishing Union stockyards prior
to DR. Graves plan was on the & @.
n. track. l made no remark: 'I'll
put in the switches. What's the mat
ter with giving me the property"
The judge said Mr.. Newton would
have 10 fix the time and place or he'll