True American. [volume] (New Orleans [La.]) 1835-18??, 1839-05-08
when w.. ID. l,.re.lu closed,

%h -. IS ,:sh 's as s an,s,, e'o'sd'
Did do ~,hou. any understanding the subject,
marks it. Yeaman ! co had q veeher Of their own.
When did the weighing commenced
The largest lot weighed.
Was all this cotton in the yard!
Part was the steamer John Randolph and landing whom
The sale Va. made. Much of. sampled the evse.
When was the cntton transferred.
About the 2h Of April believe An entry made in
the book Of the yard, hut not by me.
Mr. hreckman asked for the 10th. called Mr..
Barnes found him out and returning met Mr. Chase
No'ts after form furnished by Mr. No,e applied
next day by Mr. Reckman for another receipt. whereon
went With him 70 the yard when Mr. Barnes gave him one
Did you inform Yeatman co when the weighing was
done!
No. The usual send the factor an Of
sales which done till the list is through MY partner
may have however. told Ysatms" whom the job was
The transfer you say, was made on the Goth April
Did Mr. Yeatman ins.ruc, you to make the transfer
Did he instruct you 70 procure the reseipt for Mr..
Nolte.
u Did 20" tell him that you had go, the receipt for
No. -.. 4
Is it your practice to transfer cotton sold by yeu
broker?
L is, and to enter it upon the blank book.
DO others pursue the same course7
What is the object Of the en,ry1
For the information Of the C"''on P'".- ''o' ''',:
knaw the purchases.
- tho entr,, .,aue by the broker7
Either BY him or his clerk.
Is this the first cotton that you have sold for Yeat
No. have frequently acted for them and transfer
red their cotton.
Mr.. BURT was called.
-psoe ,f
BY the house Of Yca,man & Co. began TO weigh
it IN the l6 April, quartz! before O'Clock; P. M.
How much did you weigh the first day1
About 800 or 400 bales, and continued to 60 on as
fast as the brokers marked. finished weighing on
Sunday 2st April.
When did you make your return to Y-atman e. Col
made my return by weights, and my bill for the Ia
Dor on the Goth OF April.
MR. ANDERSON called.
You partner Of Mr.. Grant
Did Mr.. Ysa,man tell you vixen the bargai' with
NG Sa was made u
Dr.! you get orders from him to weigh the cotton?
l did not. got my orders from Nolte to mark the
Who closed the bargain with Nolte'
When did you begin to mark the co,'on'
On the iS Av, md Finished SOn, the so'
When were the 1900 bales landed from the Ran
doph7
do not know. marked part of the cotton on the
Lever.
who instructed you to enter the cotton in the blank
did it Of my own accord. have been six years a
broker, and did in this what every other hroker
was made in thus case has ever been made by me-
MR.. PERRAULT WIS called.
Did the bank advance the amount as stated in these
two drafts to Mr.. Noite upon The cotton7
She did, and to secure the payment of them the ro-
licies, receipt, &c. were handed to the bank.
hNOvE
Diaden?
The bank generally issues orders for all the Cotton
pledged TO her.
MIR. BARNES called.
You carry on Cotton Press!
do.
What portion Of cotton was in the yard belonging to
know nothing Of the bargain. had begun receiv-
ing the cotton when was told it was sold.
T. Are these your receipts
One Of them was signed by me. The others are
right: l heard the bargain closed on the 10Th Of
April.
How many bales had you in the yard, when the first
About 1000 bales. The balance came in from day to
day, and when all was n gave receipt to the factors
Ms. ieutman & Co.
When broker sells, does he enter on the yard book
| the transaction?
it, Tie Cotton !. them considered 'oSsong to the pur
chaser y
Is no other delivery necessarily
No. there instances where no entry is IN ade in
small transactions but is overlooked and there 10 nc
| difficulty.
Did you ever see this order (shcwing order from
Not to deliver to Dennstpun Il Co, logo bales Of cot
ibid not and if had, should not have honorsd it
as knew all the cotton in the yard b"ongng to Mr.
Nolte, had been sesueslered.
Did Mr.. ieatman order on to sign the receipt in ia
vor ofNoe!
He did not.
To whom would you have looked for all the es
penses incident upon the cotton white in your hands
| if any had occurred
To Ysatnau T. Co, until it was solh
Are these receipts Showing two in favor OF Nolle
commonly given by the cotton presses
| They are not. never give Ona bNfOre.
Then the buyer does not usually exact receipt
He does not He is generally content with ordinar.
delivery, by transfer always give receipt 10 the fac
ceip,s to NoIte, however, did nothing more, than
would have done to any other parties, had they aske'
| for them.
BY what authority do you grant receipt in favor
the BUYER when not instructed to do by the seller
BY the usual custom Of delivery. The receipt wa
only an extension Of the transfer.
| He often came into the yard when the cotton wa
weighing, and asked me how got on?
Was he with you on Saturday, Goth April
Icannot FAY. informed him generally how mucl
cotton delivered in day.
You consider weighing the same delivering7
lido.
Messrs. MlLLAuDos & FREREr were then called, bu
hear them. We understood the gentlemen to- affirm
that the broker usually delivers cotton sold by him.
that the custom Of delivery was in effect the sans IL
| that elected in the testimony above given.
Mr. BEckMAS being called, did not know Of gener
al transfer book existing in any cotton press, unles
perhaps in the lower He considered the system
of giving receipts to the purchaser new 0ne-at eas
one to Which he had not been used.
! The counsel for the defendont filed his answer, an
asked for privilege bond certain coltons in conesa
bn.
Several Of the counsel Of the opposing parties the
proposed to let the matter lie till Wednesday morn
ing they being in hopes that some compromise wouIt
he effected without arguing the subject.
7 Recorders Court,