The herald., 1895-02-21

| ABOUT ltI Ana, by the way, are you
stockholder in the old organization?"
81 own no stock in it nor did l eve
own any. There are four of us who owl
no stock whatever. We paid out owe
$4,000 last year for street work done on tn
east sideof the sproperty, the object o
which | could not see at that time, but
see it plainly enough now. 1t was to max
the state pay street taxes for propert,
which is now sought to be grabbed b,
these spectators. -
"You evidently don't fancy this style o
procedure, Mr.. Newton" said The Herald
man. 81 don't fancy anything tina
smacks of jobbery and underhandeC
tricks, said the sturdy little farmer, hit
eyes blazing with honest indignation
Il have my opinion of men, " he contin
ued, who will sit in meeting of &
board with me, day after day and weel
after week, pretending to labor for the
good of the concern, and then turr
around and give it the knife in the back. >
You have evidently no objections,
then to be put on record as not favoring
the bill?'
None whatever, sir" replied Captain
Newton, but there is still hope that il
deed is perpetual or that its force cannot
be suspended until its objects are com
plete. Suppose l had been a drunkard
or gambler, and my father had died and
left will in which he designated you as a
trustee or guardian of me as an incompe-
tent person. Would your death invalidate
that trust and give me control of the prop
erty? Not much; the control of that
property would still be in the Probate
Court, and the Judge would appoint your
successor in the trust. No, sir; trust is
perpetual, and the courts will so decide.
That law is not worth the paper il is writ
ten on.
How did Governor Budd come to sign
it?"
Under misapprehension, to my idea
He is good man and has no sympathy
with people who deal doubly."
when do the directors of the state
association meet?' asked The Herald s
representative.
Tomorrow morning Thursday, at 10
o'clock, and it would not surprise me if
there would be little fur in the air. -
and good luck to The Herald, for | know
it will report me all straight enough.
have said nothing but what | am at all
times ready to live by. | never shirk re-
sponsibility and | propose to live up to
all | have said.
As the reporter rode away the sturdy
old farmer mounted the sulky behind his
handsome colt Titus and was off for a
morning jog on his race track.
Louis Thorne, secretary of the Agricul-
tural Association, was seen yesterday
afternoon by The Herald man, who asked
him the direct question if the Lynch bill
had been passed for the purpose of can
ceiling the trust deed to the state so that
the stockholders OF the park can cut up
the $40, 900 worth of property and sell it
as town lots when the land originally
cost less than $13, 900.
No, sir, emphatcally replied Mr..
Thorne. Il have heard these rumors for
some time, and | am glad that you have
come to me for statement. The facts
are these: The time has come when Agri-
cultural Park is Il paying institution and
think, as all the rest of the stockholders
do, that the owners and incorporators
should reap the benefit of their invest
ment. That is the reason, and the only
reason why the Lynch bill was offered.
By the very terms of the bill the land can
not be sold nor used for any purpose save
for an Agricultural Park. Here is the
clause: The stockholders shall have no
este ep9ae owned sG sell amy amy p0r0n Sed hS OF the
by whatever title derived which
may be necessary for the permanent
use of such association for the purposes
aforesaid. That clause alone would stop
lis from subdividing or selling, and be-
sides as park the property will now
return handsome revenue and we would
idNc iCbHlllS " gam Dy SelllIlS.
90 Is it fact, queried The Herald man,
that you and Mr.. Wright have bought
up stock, Withholding from those from
whom you purchased that the bill of SEN
ator Lynch would be introduced, and
thereby increase in value the stock YOU
sought to buy?"
here is no truth in the statement |
simply bought five shares as | had
right to do as a business investment, and
| fail to see how | did anything which
might be construed as being questionable.
To show you that very little stock has
changed hands since August 8, 1894, |
will show you the stock book"
The book was produced and the pages
laid before the reporter. During that
time but fifteen shares have been trans
ferred, and six of those were between
members OF the same family so as to give
them track privileges.
Il. /. Wright, one of the stockholders in
the local association, was seen, and he
laughed heartily at the mention of fraud
81 have bought few shares recently and
am now willing to buy all can get hold
OF. The stock is good Investment and
going to improve in value. did nothing
questionable, and defy anyone to show
that l have. Of course, now that we are
gong to manage our own property the
stock is more valuable, and | am still
willing to buy it. | have nothing to do
with Lynch 5 bill, and did not know that
it was going to be offered when | bought
up the stock, concerning which so much
talk is now going on. -
Frank Hicks, OF Hicks & Montgomery
was seen at his office by Herald re-
porter He was asked
Mr.. Hicks, what do you think of the
racetrack deal; have you sold your stock
YETI"
No, sir; | have not sold my stock, and
| refused $500 a share for it nearly three
months ago. have several shares and |
propose to get some good lots for them,
Other people have had the use and benefit
of our property for. years, and we are
merely getting back what rightfully be-
longs to us.
John W. Griffin was next seen at his
saloon, the Cabinet, on Second street
where he was asked
Mr.. Griffin, do you want to sell your
racetrack stock?"
NO sir, | have none to sell. Some of
these days that track will cease to be used
for racing purposes and then | shall get
two good lots for my stock
They say that all the best allotments
have been already taken up by parties
who are on the inside of the Agricultural
Soclety's management"
Now, how could that be?'' asked Mr.
Griffin; The bill has only been a law
three days and no certified COPY has been
received here. Until that comes there
can be no distribution of the property and
no lots given to or located bv anvbodv- J,
did you know that the bill had been
passed." oN
Not till this afternoon said Mr..
Griffin.
did you not contribute to paving the
expenses of lobbyist to go to Sacramento