New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-23
Mr.. ROLSTON DID NOT KNOW.
THE CHAIRMAN OF NORTHERN PACIFIC'S
FINANCE COMMITTEE TESTIFIES.
HE RELIED ON WHAT MR.. WILLARD TOLD HIM
DECISION AGAINST JOHN swOPE IN
THE UNITED STATES COURT.

HE RELIED ON WHAT MIR. Willard TOLD HIM
DECISION AGAINST JOHN swoPE IN
THE UNITED STATES COURT.
The Northern Pacific Railway Company inquiry
was resumed yesterday morning before Alfred l..
Cary Master In Chancery. A number Of documents
relating to transactions in bonds Of the Chicago ana
Northern Pacific and the Chicago and Great West
railway companies were placed in evidence by
Mr. Petit. for the complainant and then the former
vice. president Of the company j. H. NlIllams' was
recalled a witness.
After identifying the minutes OF the meeting of
the Board Of Directors September 49, 1855. bear
ing on matters pertaining 10 the Northern Pachc
and Manitoba Railway Company. he SAID he dld not
remember who composed the Board Of Directors
Of the latter az that time nor could he state posi-
lively whether Mr.. Willard a member Of the
board then or whether he connected with any
syndicate interested in the acquisition Of the prop
erty He did not remember. either. whether the
charter authorized the bonding at the rate OF $1,000
a mile 10 be guaranteed In part by the Canadian
Government.
After some unimportant sparring between Colonel
Mcknight and Mr.. Petit over the introduction OF a
contract between the Northern Pacific and the
Northern Pacific and Manitoba companies and the
Railway Commissioners Of Manitoba, r. G. Rolston.
chairman OF the Finance Committee and a director
OF the Northern Pacific at the time OF the leasing
Of the Chicago terminals. was asked to TESTIFY.
Mr. Roston was unable 10 recall with disUnctnesS
the details connected with the transaction. lie was
willing 10 rest upon what the minutes shower. ne
declared that he unaware that any members
Of the board had a personal interest In the chicago
terminal contracts. He said he doubtless mad been
Influenced by Mr. Willard as the result OF converse
tim but was sure that when he voted he did nor
know that the Oregon and Transcontin'niai a.
rActors were the persons in control Of these ter
mna,s which Il was the purpose OF the ne" com
nsnv about to be formed. 10 buy.
Mr. Rolston said also that ne was not aware OF
the alleged personal Of any Of the Northern
Pacific directors I'm the property Of the Rocky Fork
and Cooke city road at the time OF ts acquisition
nv the Grst-named company. The witness declared
tho, co far as he was concerned he had never held
more than few thousand shares OF the Northern
Pacific stock. and these he SIN held
To Colonel Mcknight the witness said that while
Mr. Willard. as chairman Of the board. directed IN"
financial affairs Of the company. Mr.. cakes was
,pe,nv,hil It's president. and in that capacity de-
voted himself almost wholly TO the operation Of 'he
system. ,o, -. - c,-,bo-
examination Of Mr.. Williams. but no new facts were
brought on, and at $50 O'Clock Tho session al
journed The hearing will be continued at 10 O'Clock
Wam K Townsend Judge Of The United states
Circuit Court gave dec5 5 ye yi,J} 'nr,es /
colby Colgate Hoyt Edwin II. Abbot. the Northcrn
=, Ronse and Henry 6 Payne receivers Of the
Northern Pacific, and the Chicago ani Northern IA
cldc Railroad. The case came up on May ITO. '"1I~
charged that the defendants used the NoIlherh =
ciGc Railroad 10 enrich themselves In buying OUTSIDE
lines, and that they also sold me |r9 9 rch
larger sum than they had paid for H. ABBOT. COPY
motion of their attorneys. Judge Townsend has DC
creed that the demurrers be sustained, ana tnt t
demUrTlng defendants Colby. Abbot and Hoyt. II is
also docreed that the complainant. John Swope- pay
oUotr.1 ~, me clerk Of the court The demurrers
are founded upon technicalites