(Oct 12, 2016)
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In 1875, financierJay Gould obtained control of the UP, while a group of mainly Ames-dominated Boston investors retained control of Crédit Mobilier (CM)
[10] Gould successfully ousted Ames from the CM board, which (under Gould's control) then voted to discontinue its lawsuit
Ames launched legal action as a shareholder, and succeeded in forcing CM into receivership in 1879, with himself as the receiver
[16] In 1883, the Massachusetts legislature passed a resolution exonerating his father, and called on Congress to reverse the censure
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