The St. Louis Republic., 1902-01-30
BENCH WARRANT ISSUED
FOR ELLIS WAINWRIGHT
Continued From Page One.

from Europe In 1900, when the Suburban
was negotiating with Ed Butler for the
passage of the now notorious franchise bin,
declared that Butler was too dilatory In his
methods. and selected man OF his own
choosing to negotiate the necessary leslsia-
ton 1t was through Mr.. Wainwright that
Philip Stock became implicated In the
transaction now under investigation. STOCK,
it is said. was determined upon by VAIN
| wright and the parties of the second part
as the proper person to be custodian OF
the key to the safe deposit box containing
the bribe.
In this connection story is current In
financial circles concerning Wainwright $
alleged manipulation of the franchise deal
then pending to bull the stock of the Sub
urban He and Charles Turner, president
of the Suburban road. were heavy owners
Of the stock. and an agreement was en-
tered into between them and the officials
of the Transit Company, before the fran
chise extension of the Suburban was intro
duced In the Assembly. by which Turner
of Suburban stock to the Transit Com
pany on the basis of figure proportionate
to the earnings of the company at the time
the stock was to be delivered. In order to
enhance the value of the Suburban stock
on this basis. the franchise extension bill
was introduced. which. II passed, would In
crease the earnings Of the road.
and with every prospect Of passage, the
stock appreciated, and Turner. 1t is said,
withdrew from the agreement to sell to the
Transit Company. This action angered
Wainwright, and as result he threw a big
block Of stock on the market. Turner.
realizing the unloading Of this stock would
depreciate the value Of the stock. was
forced to buy It up himself at an advance.
thus netting Wainwright snug figure for
his holdings
OTHER WARRANTS
ARE EXPECTED TO-DAY.
The bench warrant issued against Vein
wright was the only result of the Grand
Jury's labors in that particular direction
yesterday, although it is an open secret
that It will be followed by other warrants
to-day The results Of the labors of the
body during the last TWO days crystallized
late yesterday afternoon, when the Grand
Jury informed the Circuit Attorney that
warrants would be asked for at least six in
dividuals to-day.
The identity of the individuals against
whom these warrants will be directed was
a matter Of much speculation last night,
and. guesses ranged all the way from Of
fcials of the Suburban Railway Company.
capitalists and promoters who have been
identified with municipal franchises down
to obscure members of the Municipal AS
sembly.
Philip Stock, secretary of the St Louis
Brewing Association, appears to be the
central figure in the present Investigation
the pivot upon which the action of the
Grand Jury swingsthe star witness of the
star chamber proceedings. As result, he
is much In demand by the Grand Jurors.
He spent most OF the day In an ante
room adjoining the Grand Jury room, when
he was not being catechised by the in
quisitors. He was jealousy guarded by the
Assistant Circuit Attorney, and was not
allowed to mingle with the other witnesses
That Mr.. Stock is most unwilling attend
ant on the Grand Jury sessions Is pain
fully apparent to the most casual observer,
and that he is laboring under a severe men
tai strain is equally apparent.
REPORT THAT STOCK
GAVE BOND DENIED.
There was persistent rumor about the
Four Courts yesterday that Mr.. Stock had
given. bond to answer any charge that might
be brought against him, but this could not
be verified.
Mr.. Stock himself has an apparent horror
of reporters since he became entangled with
the present case and waves them away