New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-03-04

counsel OF the COMPANY was not consulted, and did
not participate in their preparation; that il was
duty which properly and exclusively devolved upon
the financial officers OF the bank, and that thcy
alone were responsible for its accuracy and truth,
having sworn TO the same, required by law.
nal. IN point OF fact. The returns made IN July,
1910, and IN January lS4l were in all repects &C.
curate thai he prepared the details OF them from
the books himself, and that all tie debts and assets
OF the bankare tru exhibited in these That
although II be true that the notes themselves
not specifically mentioned in these returns. vet the
debts OF the company which they represented, and
OF which they were the evidence were in each in
stance truly stated. That the requirements of the
law were literally and truly complied with in every
particular.
To which | add that never saw the returns re-
tered to- nor knew their contents until read them
in the newspapers
In 1883 formed co-partnership with William
Curtis Moves and Enos I. Throop Martin, EsQires,
! the business to be confined 10 law and chancery
practice. | was also partner with William u.
Wood and William 2. Powers, Esqures, whose
business exclusively related to conveyancing and
other matters connected with real estate.
The firms were entirely distinct, and occupied
separate Offices. The terms of each partnership
were, that the earnings should be equally divided
between its members
In respdct to the first item of $4,000, mentioned
by Mr. Leavltt as received by said firms, deem II
unnecessary 10 repeat the statements made by Mr..
Noyes respecting it in his reply TO Mr.. Leayitt, pub
lished in the Commercial Advertiser of the sd inst.
and other journals OF the next day-and which
have su5joned-he has given full, and trust,
satisfactory explanation or that matter. shall only
add, that received but one-thrd OF the amount OF
that charge: the residue was divided among my
four partners, in the manner stated BY Mr. Moves
The charge was maturey considered by commit
ee and the services rendered carefully investigates
it was passed upon and audited by directors who
hold rh6
pany.
In respect TO the other charges OF the two firms,
they were made out in every instance by my part
ners giving full statement in detail OF all the
vices rendered, and the bills were uniformly exam
ined and audited.
1t is quite impossible to impart knowledge OF
the extent of labor and business performed by my
self and partners for this company, unless reference
be had 10 the vouminous papers and vouchers on
file with the receiver If it were practicable TO ex
hibit in detail the numerous items which constitute
the charges for the professional services of my four
partners and myself embracing period of over
three years, deducting therefrom the disbursements
which are included in the accounts any one in the
least conversant with legal proceedings would pro-
nounce the charges just and moderate.
1t is well known that my extensive and prosper
Gus law and Chancery practice, which yielded me
individually a large income, and which L had tos.
tered for over twenty years, was seriously impaired
and finally destroyed, by my connection with the
all-absorbing business Of this company 1t was
q source Of constant complaint by my law
partners Messrs. Moves and Martin, and the issue
fully sustained their predictions, that my attention
to the concerns of the company would ultimately
supersede and destroy my other business.
Mr.. Leavitt states that my partners and myself
received $4,000 for professional services. Assum
ing that this amount received, there should be
deducted for actual cash disbursement included in
that amount about $4,000 leaving the net sum $40
600. Ny proportion of this sum, allowing my part
ners a participation in the salary, would for my
three years services to the institution, latter deduct
ing rateable proportion of Office rent clerk hire &c.
for the two firms amounting to upward of $4,000 per
annum, amount to $4,000 per annum; sum which
will not be considered exorbitant for the labors per
formed.
In order that the expenses Of our professional es
adjustments may be understood is proper TO state
that during the three years referred to my partners
and myself paid