The New York herald., 1850-08-30
Bapreme Court.
IN CHAMBEKS
nafora thu Hon JnAys AitrhaIl

Q-In case parties who we're large holders OF -four,
engaged in shipping snd desired TO produce the
effect of raising the price OF -four in this market In
order act upon what they intended TO retain here
would IL not make . difference whether the -four ap
peared to be shipped out OF the holders here or on
Al she uld think 1t would produce effect ifit
abroad upderstooa that Mr. Body had acted In
l848 and ~ agent for Giles Son Co, TO receive
eonsignments Of Hour Giles, Son : 0s we're very
largely engaged In the -four trade in those years.
Re-examined-Mr. Body tailed, believe sboutlS
but am net certain.
house having received drafts from suydAm Sage 4
Co., for sale; mean the drafts drawn BY Matthews,
and now under protest to tho amount Of $4,000; We
often received their paper frsm other parties gene
rally received the drafts from the hrm OF suydam,
Sage Co, In note; We have not been In shs habit
Of fling their notes, but may bs able to ma one;
can't tell what amount Of drafts We resolved from
Suydsm, Sage Co., from lSt January TO otn
August without consulting the books; my impress
sion Is that the amount of these notes out at the
time of their failure was from sl50,0O0 to $l7o,-
in those where sold the drafts ws sent q
cheek for the amount TO suydAm, Sage Co.; tho
sums In the habit Of receiving tor sale st
time were from ten to fifteen thousand dollsrs can
not say how often that amount came in; think not
sold was the day before the suspenssd do not
remember the amount OF II; my Impression Ia that ~
way from $4,000 to s2b0o; don't know how that pa:
per came; presume 1t came In a note In the usual
was from uydAm, Sage Il Co; sold Tor them perhaps
$4,000 worth of paper the week previous 20 their
failure.
The further examination will be resumed this day.
The following afndsvits viii more minutely detail
the case, pro and con =
said city being deposes and that he is
one Of the nrm Of De Launsy, Iselin Clark, OF the
Do Lsunsy John Iselin and william n. Clark; that
Ferdinand suydan jun. Frssois Sage, aud Samuel
suydsm, composing the o.bsr,nsrsnip OF nrm otsuy
New York -four dealers aud merchants, are justly
and truly indebted this deponent and his In
the Of six thousand dollars besides interest and
expenses contract, to Wit two drafts accepted
by them, said Suydam. Sage Company, nov psst due
and protested for pay mrDt; thss this dsponent
and his partners have commssosd suit thereon, for
the recovery of the raid against the said
st..s a5 Ssius fouua
cd contract the said suydsn. Sage Company can
not be arrested or mprisoned on any civil process In
said suit according to the provisions OF the act en-
titled An Act to abolish i'm prisonment tor debt and
punish fraudulent debtors" passed April Is 1880,
ther says, that said hrm OF suydsm, sage Company
failed and stopped payment where about the 9th
large amount that from time to tns, for the tnros or
feur weeks previeus to their failure the said Suydsm
Sage Company have assigned, removed or disposed
OF large part OF their property with sn intent TO de-
fraud their creditors aud have continued since their
said failure to assgn and dispose OF their pro-
perty With the intent Aforesaid that, from time to
time during the three weeks previous to their
rad failure one Il Body has caused to be shipped,
bis account to foreign parts and places to Wit
wit: about the value Of hundred thousand dollars;
that said property given out BY Body be
shipped for his Interest account; that
said shipments said Body has obtained advances OF
ney, which advances were paid to the ss'd 81 dan,
Sage Company; and seponent further says, that on
about the l4th August instant, said Body caused
about eight thousand barrels Of hour to be shipped out
Of the jurisdiction OF this state to foreign ports that
the apparently for hs said Bodys. account;
that in his he said Body Obtained Advsuce In
money said shipment To part of the value OF said
-four and that said advanS-. 30 obtained by direc
tiop Of sAid Body, paid To said suydsm, sage Com
pany and ponent further says that said Body Is
man Of little meaus OF responsibility aud With
out ostsnsibls propsrty, aud totally uasot. 10 make
such lsg. purchases Of hour aud pay for the same
and depon.nt further says that said n'ur IL the pro-
perty Of the raid d.tcndsntr, suy dan, Sage Comps
ny and that the tad pretendea owuershp thereof OF
the said BODY Is u pss pursued by them to coneeai
their interest In proprty avoid the,r creditors
and that II the sale Body has .ny ttl. 20 the said
perty Il has been coorsble sssg or sale 60 him
Tor some inadequate or nominal confederation; and
notwithstanding such sale or assignment std Suydtm,
sage Company secret, aa Interest IN the said
property to the whole. or nearly the ~hoe. vslue
the and depon.Bt alleges that said suydan Sage
Company are about to make further snipmsnts aud
concrslmeDts Of their raid property IN Ike manner
dposiBg uf the whOut the jurisdiction of tnis
State With intent TO aud tb'ir crrd tore; aud
depoIent fu thsT that the aii proce' dngs OF the
said Suy 04m. sage Company and the fs'i Body. as
shove mentioned conducted - sscr.ty ~ possible,
30 thsi the ssid shipments by the said Bsdy not
b. discovered by the creditors Of the said
suy dam, Sage Company.
Sworn before me, th's Goth cay of August, 1859
JOSEPH srRoNu, OOm Of Deeds.
IN Ae Maiter Of the CoaS.lint Of P,eer De Laaasy'
joan Lein, AID wa ~ Coax. against F'saeis r. Sage,
sni,d LIN .ici 70 .iho,A I~PTissseHt for Deb sHd
10 PWrisA Franduir.f D,6ios" ps,sel .fp' 20, 1881
Guy and CouHip u Nsp ioTk - -fransh sage
and Ferdinand suS aHm Junior, being sevrraly daily
each tor hmslf d~posrs and says that NJ de-
ni's tbet the arm OF soydsm s'gs 90 have stsny
time before after THAR failure, srstkued removed or
dspOt.d OF large part or sry psh ~ th-i rrop-ry
with intent to dsffauu their creditors And these
Opponents fur her each for himself saith that the
shipments Of -four by J. q. Body. mentioned IA tue
hfhdsvit of William N CLARK taken before Joseph
strOIg commissioner on the 2Oth day Of August.
n httn
eigh Thousand barr.ls, to hsv. been msde Or
Ahout the I4th instant ia fact amounted bat six
thousand bsrrlr, Apd mad. IN four vessels and
was progressing from the "a day OF August 20 the
l2th dsy OF August iBst@ut incia,se Aud thes. de-
pOntnts further each for hms-f deni-s that at the
tim. vi the making 81 the sad sfhdsyit tue Hour there
In mentioned rvierr-d tu any part thereof was
the property 81 the sad suydsn, sage and Compsnyi
each for himself slso d-Bi.s that aay pretended
Ownership by said J Body ofHuy uour. In the said
shdsvt n.ntiou-d referred a., OF II plan pur
sued by this Opponent, or by the std suydan sage
and Com or suy memb-r or agent thereof 20 his
kno-edg- inform stOn or belief 20 conc--l tbs in
Of the said la the said properly r any part
Thereof to avoid the creditors Of said any
memb,r thereof and IN. ssid Body has any TIL. ts
the sid property, In the s.m- sfdsvt msptiones OF
referred each of thee. d-you-pts denies that the
has been ~ eOlorsbl- s-rgumsnt or sale TO
him nr any ia.asqu.ts OF pominsI consideration.
And each Of thsss d-pou-uts d-ni~- tnst the said
epydrm sag. aud Con AZ the time ~ tbs msking
ofthe saa adsvit retained or nov retain -.er-y or
otherwise any Interest ia the said property Ia such
sfdavit mentioned referred ~ Aud ssch Of these
Opponents denies thst the said suyd.m, ssge and
Company ~ the ot th" smisNt
about msk. suy shiytnents or seaimeat OF
their disposns st tns same without the jurs
dctiun o this state With su intent % defrsud their
creditors And each of thee dspOneuts d-nies that
any proceedings OF said suy DAN Sage and Company
and tn. said BODY, In the ssD- sndsvit msnuoned OF
alluded conducted - rscrsty - posi-
BILE With any secrecy whatever 30 tnat. OF vith
vi.v that the rsid thsr-in alluded TO might
b. by the creditors sf tbs ssid
suydzm. SAGE ana Company And zach OF these depo-
nsnts says that all the moneys m~pt0ned or shuded 70
N ,sid smeaut =. having ee'n r.ss,v.s sy ms '.a
kuldsm, sage and Com psny we're according 10 IN.
bet ~ the hpo--d informson or e-li-f OF each of
these Opponents. v.ll and truly applied ey the ssid
hrm, before the making of -s,d sfndsvit 20 the pay
ment Of their just deets aud l~puiti-s In the fss
courfe of bus'nsss and that all dsao9- cf the said
tuy dam. Sag. and Company With tue ssid Body, OF
In reference 70 any shipmeuts IN the ssid smdsvit
mentioned or sfsrr-d To f.ir just and In good
faith without any intent 20 injur- d~fr~ud ssy
creditor and these depouepts farther that th~y
deny upon infcrmsaion. aad .. they sovis~d and
believe that they either of THIN. o. either Of