The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-09-26
CAN'T SEE THE BoOhs YET.
Argument on Mr.. MRrquand's Demand
Upon Brooklyn Rapid Transit Company.

Argument on Mr.. MRrquand's Demand
Upon Brooklyn Rapid Transit Company.
SUR ONE Court Justice 0arreteon In Brook
yn yV,terday reserved decision on an applica-
ton for writ OF mandamus to compel the
officers OF the Brooklyn Rapid Transit Com
pany to exhibit to Frederick Maruuand or his
counsel the company's books OF accounts and
stock. In his argument on behalf OF the plain
TIN. Lawyer George A. Lam said that Mr.. Mar
quand had discovered that certain facts con-
corning unsatisfed judgments against the
company and aggreCatng S156S4O had been
suppressed in the annual report. and that many
OF the stocks carried by the company as assets
had been acquired at nominal prices The
officers OF the company. he alleged. had refused
to allow Mr.. Marauand to inspect the books
ana records. so that he might ascertain the
nature OF the law suits in which Judgments
wore obtained and how they came to be COM
promised. Mr.. Lam said that it was Mr. Mar
quand's belief that President Clinton l.. Ros-
sitter had falsely represented in his report the
assets OF the company. and that the affairs OF
the company had been mismanaged. and that
EMPLOYEES had been changed so frequently
tnat many accidents was the result.
III the plaintiff finds that the stock has de-
p preciated," said counsel; then Mr.. Mar.
The attention Of the stockhoiders and to lay
the nets before the Attorney General"
cnnnsni t E', ,h, Mililam r sheehan; as
ton: He denied that the Broo xxi n0i Rapid
or that 1t operated any railroad and that there
was not single Judgment against it, The COM
n ray. he SAID. owned stocks in various rail-
%1' S.% s%aSs ed 6 ~ dent
The company" said Mr.. Sheehan. should
nj nfIti Include indictments In It's report Of la
thirds OF the judgments are reversed Mr.
HmarHna,Tnd is not s,ockholder in the brooklyn
tais Of ths S9mPa Ts He may hold GER
MI sheehan said that every railroad com.
n Is5S Gept separate record Of claims and
sheHhnn 4 CoIlins. That was the place to look
wei! come and see them" said Mr.. Lamb.
and he continued:
The companies could lot include judgm ents.
t ths l1MdEmsnts are reversed The papers say
p!aintIf is stock jobber. He is not a stock
holder in the Rapid Transit Company. He
Company that after a certain date SO much
STOCK s,3cS VII vi. be delivered to him. He pro-
THIS pan, sa9 for Pprro.ss
ta9e Arm Of Marquand / Co." '''O
rs the threat TO take this matter before the
Of Mr. shaeSan ,S S9ns
Mr.. Lam and said W
The plaintiff alleges corruption. Young
man. do you know the men whom you assail-
Rpsslter. Williams Keeney Jackson-all men
who stand highest in this community n
when your hair has turned gray, you have
earned the respect which il felt for these men
IN ms county you may well consider yourself
a lucky man
The Court. however will not allow itself
TO he put in motion at the instance Of black :
mnlIers stock gam hlers. or notorety seek era
III by acquiring few shares OF stock in a cor
poration stock gambler may lay his con-
tamlnatlnG hands on the books and records OF
porato blackmail which bodies no good to
legitimate enterprise"