Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-01-16
MAcKAY LISTENS TO STOKES.
A Sarcastic Smile on His Face at some o
His Former Aily's Testimony.

Edward S. Stokes remained on the wit
ness stand ell day on Thursday IN bis SUIT
before Judge Ingraham, OF the supreme
Court Of New YORK, 20 recover e75, 600 that
he alleges John w. Mackay aud his former
agent. Hector de Castro. owe HIM Tor A.
legged breach of contract. Mr. Stokes,s
mOustacho. according To the New York
SIM. IL now nearly as white rs his hair:
He and Mr.. Mackay were friends until
they disagreed in the telegraph stock
transactions that are the basis tor this and
several other suits. Mr.. Mackay smiled
sarcasticaly at some parts Of Alr. Stokess
testimony. Mr. Meckay's face in repose
shows strong and rugged lines. 10 was IN
striking contrast to the smooth face OF Mr.
Stokes.
Joseph II. Choate. ex-Judge Esek Cowen,
and Samuel Untermeyer represented Mr.
Stokes. and for the defendants there we're
ex-Judge william @. ChCate, Joseph La
ROGUE. and Charles Il. Lycecker.
Mr. Stokes gave his version OF the stock
transactions that ended his friendship
with Mr.. Mackay He said that he had
received a majority of the stock OF the
United Lines Telegraph Company, amount
ing to between : 100000 and $1,000 900.
He expended considerable money OF lis
own in the scheme in which he was assoc
ciated with Mr. Msckay TO consolidate
several telegraph lines. He kept no ac-
count Of the money expended IN
this way. When Mr. Mackay wanted
him 10 turn over these securities
To Mr.. de Castro he refused unless
no obtained a written agreement by which
he was to share IN the profits. when Nr.
de Castro asked him his price in cash TO
Withdraw from the scheme he at first de-
manded $500. 900. but he finally agreed TO
sign a release tor 500. 900. This agreement
was drawn up in duplicate By Colonel In
gersoll. acting for Stokes, and one copy
was signed by Hector de Castro and Stokes
on December "a. 1888. Mr.. Stokes then re-
fused 10 turn over the securities IN ms
possession until he bad heard from MT.
Msckay. who was in New Orleans.
Mr.. Nackay denies that he agreed to
give Mr. Stokes 100000 10 withdraw from
| the telegraph scheme, and Nh. de Castro
SAYS that he signed the agreement simply
| as matter of form on representation that
| it would accommodate Stokes in his stock
| transactions.
In the afternoon session Mr.. Stokes was
| cross-examined by Mr. Larocque. He said
| that he had met Dir. Mackay in Cali
| fornia first. and that Dir. Mackay bad
| been of some assistance TO him in selling
| a mine IN Virginia City. Later he had OBJ
| tanned loans from Mr.. Mackay for the Hoh-
man House. Ii WAS IN the summer OF 1884
| that he had suggested the telegraph COM
! bination as way in which Mr.. Mackay
| could save himself from loss in the Postal
| Telegraph Company. Mr.. Mackay accepted
his suggestion and began to advance money
| TO invest IN the Bankers and Merchants
Telegraph Company with the idea of con-
| solidating it with the Postal Telegraph
| Company. Dir. Stokes told Of half dozen
| conversations that he had with MIR: Mac
| kay about this scheme. and small bun
| die of checks amounting in all to over
| n, 000. 900 that had been drawn to his order
nation will be continued to-day.