The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1894-09-09
NlLARD's BIG HAUL
Tho Cslrh Sly 10 Iaas Islii! Hall
Z Million Illegally.
oAKes WAS ExoNeRATED
The Receivers Of the Northern
Pacific Won q Great Victory
In the Investigation at
Milwaukee.
oAKss WAS ExoNsRATsD

Coon08eys n II Coroys uIoQ nto report ON
the mattsss referred to him for invsstiear
tion In coansetion with the Noethsrn Pc
che reesivssship contest this afternoon.
The repeet 10 o complete victory Tor the
reeeivees, the master exeasestlnG Themas
J. Cakes from every charge preferrsd
against him. but Henry Willard 10 found
guilty q having made unlawful gains -
dirsetoe of ths Noethsrn Pacific Railroad
company. Ths synopsis Of the mastsr's
report showing the various findings fol-
lows:
0ns-Ths master finds that Thomas p.
Oakes bad no pseuniasy interest In, and
derived no psrsonal advantage OF gain Of,
any Of the matters referred Tor invsstiga-
tien. Two-Ths master Ands that Henry
Willard. dirsctor a Tie Northssn Pacific
Railroad company, made unlawful gains
hy the aeQulsitioa oe The railway of the
Noesheen Pacific . Nauitobe Railway
company b. the Northern Pacific Railway
company to the extent Of e583, ,0l. 20
Thrse-lt 10 found that OAkss did mot and
was not bound to know that Willard was
inteeested In the Northern Pacific 3 Man
itoba railway, o. that hs was making any
Unlawful gains b. The aequisition Of sasd
railway By the Northern Pacific Railway
company. Az consequence the master
0nds that OAkss was MOI bound 10 take
any measures TO ptsvsat Willard from
making such unlawful gains, o. for the
peoteetion Of the lntsrsss of the Northern
Paei0c Railway company In respect
thereto.
Four-Duriue the four fiscal years end.
ing June 30. 1888, the Northern Pacific
company made . saving, under Ito con
traot with the Rocky Fork Coal company,
10 the amount Of q ,ssa, ,5si.ss. an average
os over el7b, 900 per year for each Of the
-four ysars.
Eivs-Ths master finds that William T.
Bull, Charles 7. Barney, James b. Haegiu
and Charles B. Wright, dIsseters ef thl
Northern Pacific Railway company, wsrs
interested In the Rocky Fork 3 Coke City
Railway company and diEsotoes Of th<
Rocky Fork Coal company.
6ix-The master finds that no directogl
Of the Northern Pacific aequirsA unlawful
rains w the aequisitisa b
% Coke City railway, o. b,
the arrangement made With the Rocky
Fork Coal company.
Ssven-The master says he cannot And
- 10 these subjects Of investigation tha
Oakes was In any respect disloyal to his
company.
Elsht-Ths master Ands that The Chi
cago terminus cost the original partle,
that were interested In them ti0. 81, ,7Ss.s "a
Tue master finds that the Oregon 4
Tsauseootlnsntal company received ele.
oo,o0o a The bonds Il the Chicago
Nosthsea Paei0e company, and that u Z
possible 10 traeo the disposition oe Ill q
thsm sxcspt thrss honda These bond
are unaocounted fog.
The master states The account With ths
that Il received from these bonds ~, ,es7,
s0ae, that u paid out for thsss prepsr
ties and foe STpsnsss, ETC.. ei5, ,eoi ,0s6.l a.
leaving . balance Of else, ,Da.M unac
counted foe on the debit side Of their 10
count. The master Ands there are sl0e,
600 Of the bonds that vses delivered :,
Willard upon Wsgg's order, but unac
counted for except that they were n
eeipted for hv Willard through Coleat
Hoyt. The Oregon D Trancontinents
company. In au its transactions In rela
ton to the equalization Of the several Chi
caso terminal properties, acted 10 ths
agent for tho real parties In interest, who
ever they may have bssn.
4sssrs. Colby and Hoyt were the onl
members oe the Northern Pacific boar
dceing the years 80 and 80 In which th
transactions under revisw took plAe
that apparently had any direct interest 4
the Chicago terminal, and they acquires
such interest long prior to the time whsl
they hseams members Of the Norther,
Pacific board, and at The time when the
owed no duties to Ne Ncsthern Pacifl
company. The Northern Pasifle compan
did not furnish thess bonds and were Il
no degree liable for them.