The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-21


o-W bat amount Of notes hsa the company issued
Wien they failed that were marke. W?
About Sl40 OO9 think
1t fdil-d
:. Al cannot state deSoltcly my suppression is that
was somewhere In the nsizhborhood Of $4,000 more
or les what 1t was on the day of the ssoppsge il is i'm
possible to say because IEade no bals ace
q -hd that 81 600 inclrde notes marked W,
Q-How many ofthe $3.50 ooo Of notes /, circul.tier
at The time Of the failure we've naked W
Al don't know.
Q.--wbat proportion!
A--rbst don't know.
Q.-Af niHny ons-half'
A--Noge than that.
Q-Af many two thirds!
A-More than three.qu prs ,ab;y
Q-W What amount Of stock did you own when Inc bank
Al believe 1t about $4,000 i've precise sraount
dom remember.
Q.--whst amount did st. John n Goddard own, or
A-Ncne; Thos p St John held some; about 5000
Q--W hat amount Of money marked " did the COM
parry Lam vile have baud when TIE bauk fai
Al cannot stse the unt at tba. period; 1 thish
at the frat balance. it was S30M0.
Q-State as near you cam
Al cannot it would DE difficult.
Q-Wns il $500,
Al probab y nearer $4,000.
! Q.-Wns 1t in the bapking house'
At was at he barking house n. Lsmber2ylle
hand then, the Gay Of the failure, to Curtis
! Mitchell!
! A-Tbey did not
Q Did they present such notes TO Curtis & Mitchell
on the day of IT. failure; or two days before?
A--They did not time before.
Odd ~ acting yonr behalf in any way
owe any money N the bark that was not then due
A-No. sir. al me OF Culture no. TO nv knowledge
Odd any person. acting for YOU individually rs
president. other officer Of the COMPANY owe any
money to the banl'
A-No
Q-Dc you know the Gar and day of the year when
Mr. Coleman first went 10 &c Wall street
Car you state what rear it was when you saw Mr.
Jenkins mark notes wI;a the lister in Oolemans
tBce,
A-Probahly every year during the time he kept his
sn.e there. after the contract made
Q.-low many years?
III don't nsber; /. than two years
probably three yenrs, ray hsve been more the time
marked W the bank OF Curtis s. Mitchell, accord
ing TO the contract?
Q-What do Won mean vnen you ssv 5000 or 81 900
which y,u thy had Of he bank funds, from Jen-
Ai.s' "a redeem me notes. or dfa~ against them!
Alt "as to redeem the notes Of the company put in
circulation 81 home.
o.. Were they then TO redeem bc tn classes Of notes
marked I'D not marked,
i don't ren'uher the.e wns any agreement to that
eject: II" practice Was such
1hos St John examined on tho part Of the plaintiff
o-since the New Hope hank failed did you sell any
Of the notes toJ. T. Coleman
Q.--Did Mr. Ansel St John sell any to him,
Met to my knowledge.
Q-Oid any rer.oD in ynG- ONCE sell any % him
Mot 10 my knowledge
C.-N no were IN your Office,
A e lnsley ard MIR G0loard
Q.Iid they sell any to BIN.
A-Not to my know ledge
G-Nns your situstion such that you would have
known IL il sry had been so. L. him
III was white I was chs-e
Q-IIow long have You zen there,
! have been there stadily since November, lSlq.
and fr, que ntly h-furo that time.
Gross examined bv nr Scuddcr-Q--what notes Of
i, failed!
A.-st. John and God dard you mean; was In the
l undc, e,cos TIE snc1rt TO be $40 O0o or $1,000
p.-Row much hav- thev now on hand
A--Abou' the same mt. believe
q --'lsve thay never ,niru will, any ur Il.
A.Not to my krowI.tge; think not.
Q.--N here are the notes.
Al 35 Wall street in New York; have not count
ed hem over lately don: know that ever counted
:b,m
Q.--vho a the clerk 10 your onlce'
Al am aud Ar. WIN. A. Soaring is another
Q-Werr you IN the habit Of buying aad selling and
red@ ming
Q.--wha, do you mean by redeerlns'
h-Taking them up Il was about one Per cent lis
count
Gid you redeem all the note
ANes Of every denomination that came there
1-llsv' you purchased any snce he failure
Hes the concern purchased any
A.-No, sir; more that recoiiect
Via relation are you TO Anselst john
Q-u bat rl,tion is MIR Godlarl'
A-hope at all
Q--who furnished the concern with mor.y to take up
A The company fer their redemption, as far rs I
knew ard Mr.. jenkins for those that were marked "
( u " here were Won nj the tine
A i'm Pennsylvania my a mv remained there uu.
I'll January 1919 len there in August
c-sle't the time of failure Of the bunk
Any recollection Is thst Il stoprrd the c7th
2fb az December lsT nay impression Is that II stop
ped on the 9th mean la Nov York and phlsdephis
q lii tn, susqurhSnua Bank fail at the tinio
A Mo. " vas two day AZTEC
q --wero you ever indicted or arreSted In Penn.
fylvnnia'
OBJECTED tbe ground .hs II not pertin mt
qur-toD Ovc-ruhd)
Q.--wcre ycu,vs, indicted or Hrr etad'
n q
Q-"ho wire the clerks N tn ofloe during your
atssnce!
A.-Nr Emiy, Sir. Goddard, and Mr. Butler, ,hIuk
that l. Pn.
Q--Ilow long were you abse,t
Al nfysr resided In New York permanently anti
lsiH nlhoulh Wa there frequently
Q-no~ soon after the halk failed did you 20 New
Nuk!
II don't recoilsct probably .~o or three weeks
Q--DU Won not recolcc' that snmc person IN your
oficr pure hufrd frum Coleman &C Susque-
hanna Bank pctrs nj detrc cstion and selling. at the
SWINE time similar amount 81 iesstcwn andNer Hope
Dclaw ~ Bridge nui's
Q-Do you not recolect purchasing from brokers. by
soue rnons In yotr ofice notes ~ the suslushanns
Barn While thst buuk wa temporarily suspended.
MIR scuddtr oferd 9 provo tost some person
came fr,m The ofhce Of ~ iohu \ aoidsrl In the
CITY of fe- f,rk went o. The one, &C Coleman aud
ef, in eject = u any person eomes T. you 20 pur.
base notes Of tho susdu hanna Rank sell them 90 that
per- W. will let you have II the New Hope
D,iavsr Bridge Go in eNchsne,; and that Va consc-
,uerc. Of ouch or airpilar arrsrc rn.pt Mr. Casm,n
tmovfd from the office OF IN, New Hope Delaware Bridge
I Company
Mr. IIslsey. on the part of the plaintiffs objected
the und that there connection shawn TO be
etwe, GODDARD and st John and Ansel Ct John and
therefore the question wGs irrelevant.
The uftr accepted and then put in the shape of
uestion &c the witness 60 which Ia nnswercdNo not
/ bet ever hearu of
Odd any person since tho failure Of the New Hope
Delaware Bri5Ft g. mplry. call you 90 purchase aud
hat you d'5 not desire 60 sell Tut tols Coleman sup
" tuch person and that be Coleman. sh7ud receive
other not rue New uope Delaware Bridge Company
90 make up The sale or lot.
Al have no iecosrti, a q any hing II the kind
Q-Wbete y the place q business u Ansel 81 John
A ~ " Ell street
Qls that the place Of business Of Goddard st
JCfn'
A-No.
Q-vbsn the bank failed whore the Office Of 81.
John Goddard
A III Well street tho Once Of iracl st John ut
thst time at Lambertville whom b came TO New YORK.