Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-03-17

yUVvV cuS'uy IVCe1veu Dy you OF ~. Is. Gr0nnna a.
Co in January, 1887, and before mentioned in your
Answer-In the enquiry this morning respecting
this transaction, answered from memory and NAV
have a. = been wrong, read I'd April 1891 received
County Bank, s5oe0; less interest, s4732 Ga"
aueston1W n did you insert in this entry the
Answer" scarcely know how to find terms in
sIgnant enough to reply to such qusry,"-[at the
same Time Mr. Dcafed struck the table violentlvt
Srisses) lreay feel insulted and aggreved by such
an mn 'mp san question lGoans and hisses
entry; they will perceive the difference in the shade
OF me ihk. consulted three gentlemen, and thew all
agreed mat the writing was in different ink, and
Mr. "nsg fesa entered at adifierent time.
The Chairman-I shall not allow these obssrv,-
uons II these dsorderly remarks are made and the
audience interrupts ths proceedings, shall order the
private. - 'A0n"A
Queston-Turn to your private cheque book and
show the entry exhibiting the amount received from
E. NJ. Morgan Go. on the other note for $4,000.
Answer-It does no, appear on that cheoue book !.
il is wholly unsettled and 10 be accounted for
Question-Please to produce the ledger ofthe Pho
nix Bank setting forth the account of the Sou,herr
Life insurance and Trust Company and the Phen,x
Bank, from the Both October 1886, 10 May, 1887.
This journal not being at hand il was sent for and
the examination preceded TO another point
Queshon-LoOk at the account under date of the
28h November, and see ifunder that date the South
ern Life Trust Company are credited with the sum
of Sll 1885
Answcr-There is no credit of that amount, or anv
likeit
Queston-Turn to lst March, 1897. and see f vou
hnd debit to the Southern Life & Trust Company
Answer-There is none.
Question-Turn to your account with the Com
there is debit of 100000
Answcr-There is an entry of draft to Nance.
Gould GO. OF $4,000 With every thing relating
to the details OF the bank, Mr. Ogden and the clerks
are moro familiar than am.
Qneston-Were the cheques which have been pro-
duced in evidence and which were drawn by yeu as
trustee, for the proceeds of the paper discounted by
the trust fund for the house of Grannss e. Co ever
delivered to Mr.. Granniss or any Of his clerks. or
were they handed over direct by YOU to the clerks Of
the bank to make the requisite entries?
Answer cannot undertake TO say TO whom these
cheques were delivered at this distant period of time:
but they will appear by the face of them to have been
paid by some one of the three eers Of the bank and
disposed Of according to The instructions of the par
~ owning them. cannot undertake to say, wheth-
er handed them over 10 the clerk mysef Upon
an examination Of the cheques themselves as now
handed to me- perceive that eheque dated 10th Of
February 1887 for $4,000, and filled payable to Gran
Mss was paid at the counter by the first teller. An
other, dated 22d March, 1897 appears to have been
paid by the second teller; or in other words to have
been placed 10 the credit Of some individual customer
of the Bank. They all appear 10 have been paid by
Question: Would not they bear the same appear
ance If they had been handed by you 10 the tel
lers to other clerk of the bank 10 make the requ-
site entries of credit to Granniss e. Co., although
Granniss was not present?
Answer-All cheques carry the same mark when
ever they are paid by the respective teers therefore
whether paid to the credit of Granniss by my order
by hsown preseniment or by that Of his clerk they
would be marked by the teller in the same way.
Queston-You have spoken in your direct exami-
natisn OF special notice given by the Phenx Bank
TO its customers at about the time specie payments
were suspended, of the terms and conditions upon
which the Rank would deal with ifs cnstomera--was
sueh nouce IN writing, and If SO, produce a copy Of
Answer produce one. Ut related to deposits
tney were In specie, they would be paid in specie
and the sorts of money that would be paid and re.
ccived by the bank 6c)
QUESTIONABLE you a stockhelder of the Phenix
Bank, and If So TO what amosnt2
| Answer am. own 800 shares al s2b each.
Question-Are you q stakeholder in the Southern
Life Insurance and Trust Company
Answer-I am.
Question-To what amouRt7
Answer-About 800 shares at s25 eash.
Question-When the Phenix Bank settles accounts
with foreign banks are not the vouchers on the res
pective sides delivered up7
Answer-Not unless specially REQUIRED
Question-Has the Phenix Bank in it's possess;o,,
the cheques or drafts issued foreign banks by the
Phenx Bank for the proceeds of the paper
testified to IN the course Of this alton or any OF
them2
Answer-Noxe 10 my knowledge; but would re-
fer you 10 the clerks of the proper departments for
reply.
Queston-What clerk or clerks are thew
Answer-They are with the general bsokkeeper.
Qucston-Produce your private ledger, and turn to
the entnes where are posted the MONIES received ON
the two notes for $1,000 transferred to yeu by Gran
Mss * Co. -
October, $4,000"
Queston-On bills receivable being debited by tha
notes received from Granniss x Co, what account
was credited with the AMOUNT
Answer-As stated therefore there 10 no regular
debit and credit, tits memorandum solely of The pos-
session of such nsie. have no account whatever
with Granniss a. Co.
Queshon-Why are bills receivable on the date Of
the Sd April credited received from the Duchess
County Bank the full sam Of $4,000, instead Of the
amount of the note less the discount as is entered in
the cheque book
Answer-It carries out the idea before spoke OF
IL 10 only memorandum Of the disposition of the
Rote for the time being.
Question-When you received tina money from the
Dstchess County Bank what account or person was
credited with the amount1
Answer-No account and no persen whatever; ia
was deposited in the Bank of New York, where
keep my private account, and put to my individual
credit.
Mr.. Carey, the late President Of the Phenix Bank.
pvx- n h. m.