New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-07-25
70 the Public.

,.y after my departure IN the steamer '0f I''o''
- mon q short visit, for business purposes GA
i,,,jvely. the house of z. D. Morgan 10 Oh luis
r;,v inued an attachment. against all my property
.0d assets, upon q charge that @aa 00se0"-e"
III intent 10 defrosd my cTed't0T'' on 'n' '''
o.edipg day, Mr. Edwin u. Morgan OF tne 'a.e
So,.e. is,ued another attachment for CLAIM IN MS
.-Sividpsl right. and following upon THIS state
.n,s amazed in the public prints OF this and the
.abboring cities. re peating the charge, and add
mo other imputatons Injurious to my personal anu
,osrc,ntile character and credit.
Thu several attachments above referred to have'
.,on An. proceedings in my behalf, for that Pur
- TAKEN. been set aside, as not warranted by
the facts Of the case; aad, having disposed OF them
I now deem it just to myself, and in accordance
with duerespect to public opinion, TO make a briet
.tstement Of the true character Of the proceedings
of Mr.. Morgan and bis 6rm, through the same pub
lie medium which was employed in my absence to
my injury.
In the month Of August, ls49, borrowed from
Z. d. Morgan the sum Of 1900, on interest, upon
the security Of basoess psper lodged with him.
On the 22d day OF October following, this security
was adjusted upon certain business notes. then spe-
cited between Us, aud which wO1ld fall due at va.
rious dates up 10 the 3Oth OF January, 1880 Before
my departure for Liverpool, on the 2sh day OF De,
cember, 1919, these c0lleterals, 20 the amount OF
s24l7 A. had fallen due according to their tenor
and had been paid 10 Mr. Morgan For the bal
snce OF this loan, ,5S2 SO, remaining scared oy
the collateral paper not yet due, Mr morgan, on
the 18th day Of Deoe noer, issued an attachment
and seized all my property This was zone Win
ont apy previous demand Of payment made az my
off boaa in 9Th char0a atlara
left or any offer toresOre the colaterals upon pay
rnept of the balance due upon toe loan and, as the
best evidence that this balance was well secured,
,,aad only say that all the notes falling due in my
absence were, In due course, paid 10 Nj Morgan
and that upon my return, on the goth OF January
after an absence Of ak weeks and three days, the
whole debt save about $50, had been satisfied from
the collaterals then fallen due. This sum imne-
diatey paid and this sui; fell TO the ground
On the 9th of October, 1919, made final ad'
,u.tmeDt of a claim OF + ID. Morgan & Co. uncon-
nected with my current mercantile business ouI
growing out Of certain transactions o. my former
busnes a. which had been brought to en- unfortunate
issue in the year 1896 Upon this adjustment
gave to Messrs. Z. d. Morgan & Co. my notes Tor
The sum of S3676 SO tine amount sta led between
us) payable In sums OF about siOO' ana a. Perioos
running from TO sc months, and took their receipt
for the same under date OF October y, 1919, IN
fuHOf all demands 10 tht ddte."
On the 4tb of Dec ls49, the first set of notes
,,orsther s4Qs 56,l fell due, and were not paid
Thew were not created as regular v1s.9ess de
mands, either by E. ID. Morgan Il Co. or mysen,
and In pursu ance OF an understanding between as,
at the time they were gwen, their payment was
not pressed by them, upon my suggestion that II
was not conve nent for me to meet them. On the
18th day of Dec two days alter my departure,)
Nessrs e. ID. Morgan X Co. without any new de-
mand of payment commenced o suit against me
for the yhOLe of the above balance, $3.50 SO, not
withdrawing the extension and receipt, as above
stated, and attached my whole property Tor this
allsged debt. Upon my return caused the amount
of the notes fallen due 10 be rendered 70 T. u Nor
gan & Co. but they declined to receive It, Justice
To Messrs L. L. Morgan q Co. perhaps requires that
shoud add thai for the extended notes,
having their signature only, ctth0t seal, 1s con-
tended by them not ~ bind them " the settlement
on which the notes were given.
The attachment in this last suit was granted
upon the affidavit Of John T. Terry, partner OF
the firm, swearing 10 the debt, and that had de-
parted from this State, with intent to defraud my
creditors" and that was reported TO have sailed
for California the day before. The attachment Ia
the individual suit OF Mr.. Il d. Morgan, was upon
his own sfida Wit stating the debt, and that had
left the State with the intent to delraud my credit
ora and was reported TO have gone TO Europe"
Nv stay in England was Limited to the time in
tended before LETT Ne WORK and l reached home
ON the 26th January last, 10 lind that my property
had been seized, my business destroyed, and my
character blasted, by the steps which Mr.. Morgan
had taken to collect debt fully secured by coate-
rails and Except the ulhlng balance of s3l Az
actually paid from them, before my return, and by
similar proceedings the part OF his firm, to col
Iect the old debt, which they had so recently ex
tented and for which had their receipt OF the ex'
tended notes ia full settlement.
These matters between e. ID. Morgan " TO- and
mvsen having no concern with my current Dasl-
ness were made the subject OF no Instructions 70
nv attorney LETT In cnarge ot that business, ana
both the debt and settlem we're unknown 70 him.
so that until my retorn, the affair could not be
placed on its true footing
NV business debts ,re regularly provided for
and no interruption t. payments IN my business
need have occurred, but Tor these proceedings oil
Mr. Morgan and hls hrm. The tendency OF the at
tacbments prevented, necessarily, all payments BY
NV attorney. and precluded him from any control
over nv property aud assets. The mischief In
the destruction OF my business, was lrreParsoe.
While the question OF whether my departure
from the State was, In law or in TACT, fraudulent
was matter OF Judicial investigation, deemed 1t
improper 70 make any statement through the news
papers but since that question has been disposed
of by the discharge Of tue attachments the knowl'
edge of the true facts of the should be extend
ed "a widely as the false lmPutatlons have been
spread. FIRED AVERY
DANIEL H. PEARsoE-Within day or two past
decided change has tekea place in the manner
and appearance of Daniel II Pearson, who is TO be
executed at East Camb idge on Friday, for the
murder OF his wife and two children. He appears
TO be completely Frustrated and borne down by a
sense of the enormity OF the crime for which he is
under sentence Of death, and has made a I" clean
brest' of his euilt-yet he exhibits unmistak able
evidence of being n most sharp sighted, SHIRE wd