The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-08-11

perhaps in the precise order in which they occurred for
we were somewhat excited end sgitated without wait
ing Tor the other directors we went to supper
Upon the details Of the examination on SATURDAY aver
noon, the recollection OF the witness was NOT o.suro
and could not reasonably be 70 sa,a and aone
on the occasion by the defendants respectively
kept separate as the admissions and maae ny
one should not be allo wed to prejudice the DINER
Mr. Hunnewel was asked to state what nal peen sala
either by wyman or Brown, after the development Oh
the insolvency of the bank The directors had meeting
on Sunday night and all, except General thompson,
were present Wyman presented plan Tor still carrying
bank stop. Mr. Wymsn said it would be unsafe
Tor the bank TO banking house would be torn
down and the houses OF the directors be attacked Mr.
Wyman said he would not remain in theown an hour II
the bank was closed Monday; that lives would be
in danger He said that the bank could be kept by
Co.'s paper: Wyman proposed to relinqush his real
estate He said that he had done wrongs that he had
for the benefit of the bank that he could not be
miserable and unhappy under any circumstances THAI he
had been the past three years, and rather than suffer
any longer he would give up every cent of oFey he
had Mr. Wyman put up real estate enough his
indebtedness to the bank his paper in the bank
According to Wyman's estimate, there was nominal
curty for 81 r. Co.'s paper to the apparent amount Of
but he opinion that not more han $40 900
statement Of becoming due, evidence Of the
banks probable Mr.. M'lntire said to Mr..
Brown in reference to the state ofthe bank Mr. Brown
did you not know al tout this Mr.. Brown repled'l did
not know the extent of it." question was asked, how
the proposed dividend was to be paid when the capital
his own pocket. He drew aside in the room, and,
taking me by the hand shed tears and asked me to with
draw my objection to continuing to keep the bank OPEN
Late at night the meeting broke up and re assembled
after daylight Monday morning. Mr.. Wyman was
sent for The decision TO remove the effects OIL the oanR
communicated to him. The removal was to save
them from being stolen destroyed in any rotous out
breGk Mr. Wyman said in reply to this announcement
"You hasty, gent emen-you are hasty gentlemen"
suppose he referred to the decision to close the bank
Notice up that the bank mad stopped, and mes
sage sent to the bank commissioners.
Mr.. Wyman, in OF his psnitential conversations
said-I will tell you, gentlemen, how 1t was. And he
proceeded to say that STANLEY and John Skinner wanted
money in the summer of 1882 and proposed meeting at
Phpss Beach, rather than in Charestown, where they
thought it wou'l not be well to be seen together
The M ling took place at Phpss Beach, and there
he ielled to the of John Skinner and wronguly
let them have money; that he also afterwards let them
have money until they had much he was afraid
to stop them.
don't know that he had said anything about the d.
rectors In the conversation Up to the failure had
tire confidence in Wymans integrity and capacity. My
confidence undminished until going to the meeting
Saturday afternoon. had no knowledge whatever
ofthe demand paper Of Stanley Read Co. until saur.
day, OF their other paper Mr. Wyman did not at the
FIRST second third meeting, Ike any statement OF the
facts connected with the failure. Adjourned.