The Columbia Democrat. [volume] (Bloomsburg, Pa.) 1837-1850, 1839-03-30

carts and drays, from the three warehouses
near Second and Race; began, and contln-
ued until the latter part OF October, 1888.
Their destination was was not proved. A.
bout November lst, DR.. Dyott resolved TO
apply for the benefit, and consulted counsel;
Mr.. Simpson was requested TO attend him;
but in consequence Of the disclosures then
made by Mr.. Simpson TO MIR. Ingersoll,
chose which he afterwards made as wit.
ness,) the Intended application was stayed,
and new arrangement Of business pre-
pared. Soon after, however, the petitioner
make up his mind to do SO, closed the bank,
and filed his petition. -.
While the goods were being removed
from Second and Race streets, similar
operation was going on at the glass works;
which continued until an execution at the
suit Of William Wells, swept away the
leavings" in December last. The proceeds
Of sale; eight hundred aid forty dollars,
were paid TO Wells. Wells was brother
in-law Of M. B. Dyott; lived In family; and
acted as clerk at the works. The execu-
tion debt was bond signed by M. b. Dy-
Oft, in. favor Of Wells Of $l4l4, dated Nov
2, 1888 payable on demand. Of these re-
movals at the glass works, DR.. Dyou alleg-
ed that he and his broihet were at enmityj
and he had not been at the works for two
months Several witnesses stated that they
saw him there while the goods were being
removed and that then NJ. b. Dyott was
i'll in bed.
The losses represented BY DR.. Dyott,
were protested paper 5000 dollars; losses to
M. B. Dyo:t about $4,000; deficiency in
post noses negotiated by Edwards, 81 900;
expense of engraving notes, 5000; sacrifices
to raise money, after November, 1887 ,40,.
600; expenss Of suits, $500; expenses
of fitting up bank, and clerk hire about 3d..
900, and some minor items.
The debts returned due by DR.. Dyott ir
his petition, are two hundred and sixty
thousand dollars: and lie returns property
excluding real estate,T consisting of debts
die TO him, abont three hundred thoussnC
dollars, entirely old and bad debts.
The details Of this complicated and intri
cate cause would take volume; the abov,
general view h it will answer our present
purpose---whch truly is merely to give ou
readers simple and impartial picture Of il
maiv features.
The whole number Of bills prepared 70
emission, by Baldwin, Underwood & Go
was the gigantic total of eight hundred ant
eighty four thousand; of which three hun
dIed and sixty thousand were never emitted
and the emission 234, ,2S7 So are now afloai
|, lI9,55O of Which are. held in differen
hands as collateral. The amount now du
, to savings fund depOsitors is dsventy-tw
thousand.
{ The cause occupied the Court of Com
e mon Pleas eleven entire days; all the Judge
= King; Randall and Jones, sitting. Th
< discussion occupied Wednesday and Thur!
9 day last. The cause Of the opposing cree
itors was maintained by w. l.. Hrst, ESQ
Y whose truly eloquent atd effective addres
d 10 the Coutt commenced on W Wednesday IAN
It closed ON Thursday at noon and the caus
n of the petiloner by z: Philips, Esq. VIII
e followed MIR Hrst,. and closed on Thursda
|, at three. The decision may Be expecte
n at the close of this week.-U. S! GdreH