The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-02-24

note which delivered whoa the clerk sans, which
< s:.s.s = e s
Bank Of Commerce. ct o'clock, on learning tnsx
there we're reports unfsvorsbls 70 Mr.. fonEhi.s, 1
sent TO the Bank Of Commsros and learned that the
check wss esrtaed; the next morning II IVES iatins
ted TO that the question Of sterilization might be
1 then had the check withdraw from the Bank Of
Commerce, and sent to the nsrohants' Exchange
ths b T ths h.nt asensd = 4 vas not
TO pay out that amount Of bank notes. the check
then deposited In the Msrchants Exchange Bank, to
my credit cashisr In order to hold them to the OBJ
lisstion and drew the amount Of money the same
Cross-sxsminsd.- think Mr.. rompkins came to me
on that day that received the certified check On
that same day there wsrs other outstanding loans
$1,000 made the LIST Of Nov last on collateral ssou.
rity viz 80 shares of Rochester and Syracuse Rail-
road stock, and 50 shares OF City Bank Of Brooklyn.
The second one for $4,000, made on the eth Of Nov
collateral OF as shares Of Rochester and Syracuse
Railroad The third fer 81 900 on the l3th Dec, on
Rochester and Syracuse Railroad stock 500 per
share. I lent par the Railroad securities. The
City Bank OF Brooklyn stock must hsvs Sssn SSo per
stock selling 1t Is to Is cent above par
on the the 2sth Of January. These loans wsre paid
and Johnson that they might pay those loans on Civ
ing their guarantee They we're to take all the
conaterals connected with them. The arrangement
was made on the afternoon OF the Goth of Jan. and
consented early the morning OF the 10Th besore
bank hours; and the colstsrals we're given 10 them
II was after CLOCK the day before, that the
position made TO me- Theee loans were made
payable on demand. I never had demanded payment
Of Mr. Tompkins Mr.. Tompkins' note. with he
eollaterais was delivered up to hes,rs. Gilbert and
johnson.
Direct resunsd-our company never importuned
kr. Tompkins fer the payment of the hrst loan Of
$500. 1t was voluntary on his part.
Mr. Solomon Kipp desired to make an explanation Of
part OF his testimony given yesterday He said.
think frat Mr. John Titas on Tuesday, At Mr.
Ray Tompkinss settled with him e my oiass ,,,
out any previous appointment.
John Titus sw orn.-I reside at somers, Westchester
county am father in Law to n. Ray TS%ps rim,
Reuben Kpp, at my house. was near tho middle oil
the day, think There were ak bank bills, each Tor
ST 600 These notes enclosed In letter from Ray
rcmpkins and addressed to myself. Letter pro
ducsd)
The letter is in the hand OF Ray rompkins have
doubt The letter here read by Mr.. Tompkins
Nsv Yosk. Jan 20, 1851.
Dear Fsther-It came upon me like an avalanche to-
day, that obliged to fail; believing IL to bs my
dny protec. my friends and confidential creditors,
I have done to the utmost ef my ability. owe you
for two hun ared North American Trust can
at Ia per cent which makes 81 500 also for 900 sr
lem bonds $1,000 Total So 800 can In the hurry,
ASCERTAIN what other indebtedness to you is but
enclose o., believe, enough to csver il enclose
$4,000 and have given solomon Kipp about So 900 TO
provide for the notes We gave you the balance OF which
Jlsisned RAY ToMpKINs
Il.nt him (rompkins 200 shares of North Amsrican
Trust and Banking Company, at what time can't re-
collect; ii in lsse after he went into Wall
street also lent him two bonds each for $780, of the
New York and saem Railroad Company on, think,
the 10th De,enber 1850; never had applied to him
to return me these stocks; the enclosing OF this
amount. Of $4,000 was voluntary on the part OF Mr..
Tompkinr have received nothing since then OF hi n
received 81 $50 from solomon Kip, on Tuesday or
Wednesday, Tor . note that held against him and
Ray Toni kins jointly; received two three notes
last fall from Ray Tenn pkins; the note of
Thompson and Hitchcock for $3.50 one vas that of H.
6.nnison Tor $50; have spoken with Ray Tompxins
spee failu II IN aesu N a. i
ed 18th him about his failure he did not tell me what
he had done with his property did not ask MIN; |
poeipg OF his property for the benefit Of his wife
never asked him about 1t; maze no enquiries about
he sss property 80. Is my a1fnes c1at knO"
CI essex smined Mr.. Tompkinr IL eti Indebted to
me- the d. BITS mentioned W the letter we're bona fde
existing d. BITE and the remittance sent to did no.
extinguish bis indebtedns me the notes given
for tock in the Farmers and Drovers Bank Of 5oners
for $1,000, and he owed me slcoo en- account; the
stock delivered TO the bank fer the bsned of Ray
Tompkins; so FAR as know 1t was for debt tina. SIR
Tomphips oved the bank; whether Kipp ever had any
OF the money or not. I cannot say; this stock -.
transferred to the bar tor the psy debt owed
by Tom pkins TO the bank. think the bank had been
presing Tompsins for the payment; previous to ny
rsceiyir the money from solomon kppsomethinz had
been paid there elk joint notes OF $500 each
note had been paid as well rs the interest the
mann Ave notes cannottel the whols unit paid;
the money which paid the $500 note and tho interest
On the others came from Mr.. Kip, IS Mr., TcRPkus
told me vhsn be paid me. the first intimston had
that Mr. Tom pksns going to fail by the letter
just rsad understood that Tom pkins FIRST found out
that de going to fail on the very day which rs
eic TAIL he old not mention any hour AS that s which
be tr't discovered that he ~As going 20 falls the
vas unpleasant to m., and presume t va. 70 him;
the balance due IL si5s az the stock transferred
vas In payment Tor moneys he owed me aud after
vsrds reloan.d By me TO rompkins; Irec.ivei no col
lateral security for the loans made Tompkins exc.pt
IN the one case OF the joint note made by solonon
Kip and himself
Re. dirsst-when I said Harlem Railroad bonds I
meant North American stock; received no mortgage
L. k..t~
Minthorn TomPkins hinthorn Tomp kins had . mort
gage for $500; remember Of being tols by Minthorn
for NJ before hs failed whish raw credit 10 M. on
MS books, have not received one cent other than
that which have nentiopet made out the state
nept OF Ray Tonpsins Indebtedness 70 yesterday,
a. the Office, took the items iron snorAndan Of
MIR Rowland Tomp kins's book keeper and from my
owp mind; do not know where that memorandum Is
have felt in my pockets and 10 not ind It; l
Mr.. Rowland to day At Ray Tompkinss ofa We he (dr
HJ resides In peekskll; may have burned the me
house last evening or the evening before, aud may
have burned the memorandum
cre.s,sxsmlsstion.-i have not At any time, to my
knovledgs, burned up any papers bearing upsn our
trsnssctions II the memorandum which I tecsivsd
from Mr. Hossnd WAS burned, IL vas burned a:ci-
asntaliy III. papers thst burned hsd nothing TO
DO with Tompkins
Richard @. Smith. sworn-I reside t. Richmond
county; am an inspector Of customs; have mai
business transactions with Mr. Ray Tompkiss; hsv.
received ZONE property or effects from RAY Tom
sinc. nary last about ten or fifteen days before
his failure, I received very small en- cunt Of money
In the shape Of cheek on tinos the 10Th OF Janu
arg received nothing from him or from any for
him know nothing - any disposition Of his proper.
~, except as has been testified here.
Cross- exarined. The email amount OF money paid
TO vas Sl0p -; y vas money Of mine that he held
and paid 20 me At that time
The prosecution here rested reservng the privilege
Of calling Mr. Peter Caggsr he should arrive before
the closed
The defence said they should not sxsmlns any Wit
aud u vas agreed between counsel 70 submit
the case 70 the magistrsts vithou. sum ming up.
rpurluiad that the m aaf~trats shnuii
take the papers snd examine them, and make MP his
mind whether there 1. ground for issuing . warrant
against Mr. Tompkins. Tn. warrant, hhsusd, 70 oos.
tain the charge against the socused
The cass vss then adjourned tai Monday next
City Intelligence.
THg CoxeRrGsrIo~ Bsir JEsHfisur-rhe ceremony Of