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Sage, Russell 1816-

Capitalist; born in Shenandoah. N. Y., Aug. 4, 1816; received a public school education; and till 1857 was engaged in mercantile pursuits in Troy. He was elected alderman in 1841 and 1848; served as treasurer of Rensselaer county for seven years; was in Congress as a Whig in 1853-57; later became interested in railroads; removed to New York City in 1863 and engaged in business in Wall Street; and for many years has been closely connected with the affairs of the Union Pacific Railroad. On Dec. 4, 1891, a man named Norcross ob---tained access to Mr. Sage's office; secured an interview with the millionaire; demanded from him $1,200,000 in cash; and, on Mr. Sage's refusal to pay the money, pulled a small dynamite bomb from a satchel in his hand, and dashed it on the floor. The explosion that followed killed Norcross, seriously injured Mr. Sage, wounded a clerk so severely that he died soon afterwards, and partially wrecked the building. At the time of the outrage William R. Laidlaw, Jr., a clerk for a banking firm, was in Mr. Sage's office. He claimed that Mr. Sage seized him and held him as a shield for his own person, with a result that Laidlaw was also severely injured. Soon afterwards he began suit against Mr. Sage for damages. After many delays a jury awarded him a handsome sum, whereupon Mr. Sage appealed to the higher court, and the matter is still (1901) in litigation.

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