New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-06
PRICE THREE CENTS.
G0FF ON THIRD AVENUE.
GRAND JURY',S INTENTION
CALLED TO SCANDAL.
RECEIVER GRANT WILL NOT INsTIGArE
INQUIRY. But SAYS HE WILL
HELP DISTRICT ATTORNEY
ALL HE CAN.


th"t have appeared in our great metropolis
tan newspapers, setting forth "a gross breach
OF trust and an almost criminal neglect of
interests which Ia "A duty subserve.
- Ii Is necessary for the protection OF the
muitifnriOus interests of this city that our
laws should be obeyed. not obeyed
punishment should he meted ont to the trans-
gressors People from every part of
the world invest their money m local COM
mercfal interests. 1t is necessary, therefore,
for their protection that laws he strictly
OBSERVATION-DISCLOSURES GOFF TO THE MARCH
GRAND JURY.
Things began to look serious for the Third
Avenue Railroad wreckers yesterday. Moved by
the righteousness of the popular demand that
a Grand Jury shall investigate the hidden
methods by which that once opulent concern has
been despoied. Recorder Goff. in charging the
March Grand Jury. called their attention to this
burning scandal and pointed the harm that
would ensue to the vast business interests OF
this great city if such fragrant commercial dis
honesty is to go unwhpped
The District Attorney offered 10 assist Re-
ceiver Grant by any means in his power 20
bring the rascals 10 Justice. and Mr.. Grant re-
piled to Mr.. Gardiner that all information which
his examination of the company's affairs dis
closes shall be placed at the disposal of the
District Attorneys office
THE RECORDERS CHARGE.
In his charge Recorder Gofr said:
If any Of you gentlemen know of any crime that
up III that matter Upon your own motion you can
will Issue subppnas for you.
1t is proper for me. however. TO invite your at
the people of this city Tais City second o none no
IN II iporanSe IN as commercial centre Being sucn,
high standard of commercial honesty. People from
commercial interests. 1t is necessary. therefore.
served an h n 9G T be P strictly OBJ
The .aborng man. who puts his earnings in
money buys secur!ties-aII are affected AIl-rich
ana ana poor aeeare lntHresed in public securities
be honest We must have a high standard OF
must be maintained and unspotted Of anything
that % would ten tend to to degrade IT,
In connection with what l am about 10 say,
that the management of the corporation which
have in mind has been guilty OF any criminal
farous interests of this city that our laws should
be meted out to the transgressors Every man in
the community is affected by falling on in the
Large money interests are intrusted to the hands
the interest Of those who own the properties under
their protection. l should call your attention TO
%ss1ePqI5fsa naSsPaRsrsi A ssstiSs 5Sssh s.o:;
interests, which II was a duty TO subserye-
GARDINER TO GRANT.
District Attorney Gardiner. at the close Of the
Recorders charge, said that he had sent let
ter to Hugh j. Grant. receiver OF the Third
Avenue road saying:
Since your appointment by the United States Cir
cult Court; Southern DISTRICT Of New-York: as re-
metropolitan press has teemed with statements
may prove to have been of criminal character. In
your Investigation of its affairs you will be able 70
office may be necessary provided there has been
any violation of the criminal law.
The object of this communication is to say that
In my Judgment the wrecking of PUBLIC corpora
and deluded stockholders, should be met by the
xsorous anu PrTpt iII IN oa asrT JS sssist
you. and if you believe an INVESTIGATION BY the
with bring the subject to their attention
Mr.. Gardeners announcement does not produce
any deep feeling of assurance that the Third
Avenue looters will now get their just deserts.
but the Grand Jury is not wholly dependent on
the District Attorneys initiative in matters OF
this kind and may ply the probe on its own
account. George Haven Putnam. the publisher
is it's foreman and the other members are:
Edwin S. Merrifeld. hotel keeper. Continental
Marcus C, Spencer retired. No. 40 West One
simon P Carmichael. mems furnishing. No. 1.1sO
Henry McAIeenan. pawnbroker No. 1880. Broad
Charles A. Troup, treasurer No. 10 Broad-st.
John A. BeTrian. broker, No . Beayer-st
SiHW m -Four steu
Frank BTaipaTd msrsha5t ut PFodgGe Pro Exchange
Rudolph E Stoeckel. merchant, No 25T Front-st
Simeon Baldwin, merchant, No. So Lexington
Robert E. Danvers. iron. No. 42s East Eish-
Charles c. Dobbs real estate. No. Dos West
John r. voorhis builder No. 16 Bethune-st
B. Frank Hooper. president. No. 63 Centre-st.
Cortlandt E. Hastings, jeweiler, No, IS Maiden
Lane.
James Owens cashier, No, 2 0S4 Third-ave.
James r: Floyd iron No; 40 Cham 5ers-st
Frederick ZitteI. real estate. No 1O26 Third-ave
Edgar H. Laing. clerk. No. 1Si7 Broadway
RECEIVER NOT TO PROSECUTE
AS for Mr.. Grant, he might make splendid
witness for the Grand Jury to question. but
unless he changes his mind he will instigate no
prosecution. On this point he said yesterday:
It is mistake to assume that it is my duty TO
call to account certain persons and politicians who
are charged with running this road. That is not
part of my duty / understand IL. My interest
My duty is to discover precisely what the condi-
tion OF the property is and TO report the fact TO
the Court.
Mr.. Grant last night sent the following reply
to District Attorney Gardiner:
Asa Bird Gardiner. District Attorney. New-York
Dear Sir: acknowledge the receipt OF your
letter Of this date As temporary receiver OF the
Third Avenue Railroad Company I have employed
an inventory of an the assets and property OF that
corporation. and also statement of its condition
books and papers OF that company.
l have Instructed him that l desire to submit
have no doubt that Mr. Harrington will proceed
with his investigation with all possible dispatch
will be placed your disposal Very respectfully
yours, HIGH j. GRANT.
Temporary Receiver.
NO RASCAIITY. SAYS BYRNs.