New-York tribune., 1899-12-29
DISCORD IN GRAND JURY.
HIGH WORDS AND UNUSUAL ACTION
OVER b. r. T. ATTACKS.
NO INDICTMENT FOUND. But A PRESENT
MENT MADE-MR. sHEEHANs EN-
PHATIC LANGUAGE.

The Grand Jury, which has been investigating
the source Of false rumors disseminated TOT 'ne
purpose OF bea ring the stock Of the Brooklyn hdPu
Transit Company. found indictment yesterday
but handed in the following presentment:
The Grand Jury has conducted an inquiry into Into
certain false runors secretly circulated a1ectine
,atn CORPORA tons The matter of these reports
coming to at the close Of our term. We we hate ,t
been unable TO make such a complete inquiry lhto
the subject as we believe its Importance warrants
and therefore recommend ana Gssdng Request Grand
Jury to the case. to the end that the law may De
indicated and such crimes prevented
This presentment was written by one OF the jury
men. an unusual proceeding, as this is usually
done by the District Attorney. After reading 1t
Judge Cowing discharged the Grand Jury, which
had acted over three hundred cases IN the
month He said he would call the attention OF
Judge Mcmahon. his successor in the court. to the
matter OF having it come before the next Grand
Jury. -
There was another unusual circumstance con-
nected with the presentment. As soon as 1t had
been handed in. five members OF the jury placed
themselves on record opposed to the nvestiga-
ton and gave their names. They are L. p. Sond-
helm silk manufacturer Lawrence Wells C.
OD Isein. broker; G. ID. Chevallier. carriages and
Lawrence C. 'Brien. painter. These men consid-
cred that the Grand Jury ought not TO have taken
up the case at all. The Oldest attendant OF the
court has no recollection of parallel case. There
was lively time in the Grand Jury room when
the matter taken up. little after II o'clock
The five members who placed themselves publicly
record. Il is said, protested against any consid-
Grafton Of the case whatever. What their motives
were cannot be learned. though II was said that
one Of them characterized the whole AFFAIR as alb
surd and farcical.
II is asserted that besides the hve members
who publicly protested there were others who en-
tertaned the notion. but who were averse 10
the notoriety that public declaration would create
,ho.o ,har ,ernba NJ he
Jury would have voted against an indictment This
is reasoned from the fact that presentment was
made Had the majority OF the twenty-five jurors
been in favor Of proceeding with the hearing OF the
case the witnesses subppnaed would have been
called and examined.
Anotbor reason advanced Is that the Grand Jury
began 10 wrangle as soon they had taken up
the matter yesterday. Impromptu speeches OF
vehement and vigorous nature were made. Even
IN the ante-room the strident voices OF the eNCleu
members could be heard in their declamatory Ell
forts 1t was even said that remarks far re-
moved from complimentary were made by men,
bers OF the Grand Jury concerning one ano'her'
This however. could not be verihed oy inquiry
among the jurors. They remained closed-nou'htu'
and pointed to the presentment as giving all the
needed information. The final vote on the iha"e'
showed that more than five members were OPP
posed to considering the matter further'
Assistant District Attorney Unger VIII take inc
matter before the next Grand Jury. II the c"a' 'e
Of Judge McMahon, who Will PRESIDE III ar -
General Sessions. will permit. Counsel Tor 'ne
Rrooklyn Rapid Transit Company are determined
to nusb the matter to the extreme. They are NOT
q, all discouraged by the action Of the Grand 'ur!
II NAV be possible that some action may be taken
in a magistrates court. though when asked cou"
sci refused 20 discuss the matter
Mr. ALIENS SUIT.
,ra,,,ent unon Warner T Aliens application for
an Injunction restraining the officials OF the brooh
from Onerlns uu'ci
,is,rg or having a reward Of $4,000 for the oe
,ection OF the person who started the iaise ru'o'
,ybicl led to the raid on the company = e'oO
fcv days ago was heard by Justice beeA"a "
the Supreme Court yesterday MI A''en 80 -,
.h Injunction on the ground that the oirec'ois Va
- r,,,onv exceeded their authority "heh '"o'
ro,osed the $4,000 reward. William r, sheeh"i'
counsel for the company. asserts tha' M go
a,,nlicat ton is only for stock )ooohs PufP''o' 49,,
,bst Wall Street was aware that TIE aPp''" aPp,,
'n'' roda an hour before It was really
,h. into court II is further alleged thst ''
.uoe became nossessed OF the stock ne nous III
,ha connan,. only a few hours before the app"ea pp,
,ior vas made Mr. Sheehan said IN MS a'
In Wall street there regular nest Soys o, entry
rais-for they are nothing else ? lne? 20 saw and
into large brokers' firms. am sorTS Se ciScviation
they are constantly employed a lOf eot @ there with
U and bv and by they bong TO come az bs, we
other % r,gard it will bring Joy and salts
c,i0n ' t6 the heart Of every criminal ana paA
fI9o5, % CORPORATION cannot protect itself agai,Se
ral.factors if corporations cannot PrOi!GeccrntaIy
market vflIT baT credfor the credit Of corporation
necessarily depends on the value o i m Offering r.
IL G3fp4I OF STiI 10 Justice men who seek to destroy
the credit Of tneSe ;nlss iarse 'o'
as WIp rspy 10 Mr straton's allegations that this
acion Was not brought in good faith desire 10 S@S
,bst before came before Your Honor YESTERDAY
Wall Street was Hooded with informati9@n mn thaI 5 tn5
be asked to grant the injunction RTeveHonR6 6 .ne
waS S seryed on Mr. Flower yesterday morn
Ing and It published In one OF the "a" ''''''
Mr.. strattOn-Not that know Of. o,,- onos vs.
ON the Stock Exchange are concerned FOR !o~o
ents nsTss was that they fell from % 6s Aferward
they rose little higher There are here honest re-
formed an an hour before this application up
that the order to show cause why an ihlunStlom ION
should not be granted had been signed Ihis SHOWS
how the value Of our stock was to be destroyed
do not know TneR 3 Rnaw tnS't ha ceTan nmee
are Very anxious to prevent the company from pay,
are very anxious to have 1T throughout the
oTG 2t 2s Pheh ay lead TO the
ton cf these malefactors.
observed yesterday that these runors and SLAM
pany but other corporations were affected. some
These ee T1mors We're started strike terror the
Of Of suc. h DsGPs aa Their S
ard they succeeded
10 prevent the issuance OF reward for the de-
lection Of a felony? Who ever heard Of an in
junction 10 restrain the detection OF a crime? The
plaintiff expected that this application would
be granted. but these people did expect that IT
would have the effect the Stock Exchange OF
depreciating the market value OF our stock.
DECISION is RESERVED.
Mr.. stratton, of Story stratton, Aliens coun-
sci. in replying said that news given 20 re-
porter yesterday emanated from his office. II was
shown in any that anything reported did not
effect he value OF the cOmDanyR stock be-
cause It was higher at the close Of the day than II
had been al the time the rumor was circulated. He
rnainta aned ,hat the reward would be legal IL II