Polynesian., 1844-08-10

to three; and as regards those of Mr.. French,
he, himself, has suspended what powers they
held from him, and, after your ccnsure re-
corded in your Resolution OF the ed Of May,
it is not likely that you will, voluntarily, give
them any powers, until by the rendition of
their accounts, you can Judge how far they
acted up to the beneficial interest which you
all held, according to Mr.. French's intention,
in the deed which he granted to them.
Your committee presume to believe that
their long and arduous labors will render the
final winding up Of the estate an easy task,
by whomsoever you may appoint for that
purpose. No such powers were granted to
them, and even fthey had been offered, your
committee would have declined to receive
them. But, they have spared no effort, and
no pains, to elucidatc every important mat
ter, up to that point at which a knowledge of
the payments made by Reynolds and Ladd,
became necessary to the exact asccrtainment
of each balance; at that point, the refusal of
Reynolds and Ladd, stopped your committee,
and, therefore, in the accounts now render
ed, the balances are to be understood only
as those apparent on the face of the books.
But this bar to the committee, assignces,
properly and legally appointed, may easily
remove, by issuing a public notice requir-
ing all creditors to prove their claims afresh.
And such assignecs, by referring to the
notes to Schedule G., herein-before referred
to, will find the principal accounts, which
are believed to have been affected by pay
ments, made by Reynolds and Ladd.
The notes to SchcdulesAA and ID, to the
appropriated Exhibit, andNto the General
Statement, already referred to-, will also be
useful to such assignees, and, in the mean
while, are worthy of being consulted by you,
before you make up your Judgment of your
prospects, under the arrangement contem-
plated by Mr.. French.
Your committee have, in every instance,
endeavourcd to c%onfine themselves to facts,
withuot hazarding opinions upon the charac-
tiers of those facts, or of the actors. They
are not aware of having reserved one single
fact, favorable or unfavorablc, to any man.
The entries in Greenway's books, from the
LIST January, 1912, to the 18th April, when
several parties are supposed to have been
cognizant of Grecnway's intention to declare
himself insolvcnt, would, in Great Britain
or the United States, be severely s%crutini-
zed. Your committee did not think them
selves called upon to adopt that odious
course; they have contented themselves with
making out the accounts in which these en-
tries appear, and if you allow the parties to
be paid, before you are satisfied as to the
exact amount legally due to each, after a
searching examination of those accounts, it
will be your W fault.
Nothing can escape detection, if you take
up each account with reference to the notes
in the General statement, the Mder Of Sub
lccts, and the Notes to which that index leads.
To have placed you in this position, is no
small point gained, for all just and conscien-
tious creditors.
If any one Of you think that your commit
tee have been too minute and inqnisitorial, in
their enquiries, they have only got to turn
to the notes, where referred to in the Index
of subjects, under the head Of the eramina-
ton Of Books, and they will find reasons
which, in the conscience of your committee,
rendered it imperative on them, to pursue
their enquiries in the very manner insisted
upon by Mr.. Grecnway; desired by Mr..
French; and professedly prayed for, BY as
signees, as well as creditors.
The facts elected during that course of
enquiry, your committee have only collected,
arranged and recorded; no man ought to be
judged, but by the facts which appear for or
against him, and no one can complain of
that mode of adjudication, unless his con-
science, inwardly tell him he has reason to
fear it.
Your committee must in duty impress up
on your minds, this rather important truth.
that many a man goes to law and is ruined
from an imperfect knowledge ofthe merits OF
his case. One great good-Jh be the only
one--will result from the labors of your COM
mittee, in the saving ofyou all, from that err
ror, if You only consult the mass of evidence
now layinn nnnn Tho fnhlo