The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-03

mary responsibility,
Al did not from the information got had seen
Louis stating that inquiry he did consider
Ansel ST John responsible; Mr.. Hnsdsle informed me
the effect; have not lately the agreement
Bradley and Barton Of the 10th October 1850
relative to the purchase Of the Oxford Bank think
the original yesterday Mr. Barton has not my know.
ledge ADJ ssed any letters to me lately this
other subject cannot state what the purport fthe
contract was; have letters in my possession from
Mr. Bradley, or Mr.. Barton the Messrs st john
touching this subject but before this examination
begun, had put into the hands of Mr. Eager one Of
my counsel certain letters from MIR. Bradley to me;
Mr. schrobel went to Oxford few days ago to get
from Mr. Barton the contract and such other papers
tempted to read the contract to but
the Of the into whose hands the draft for
$1,000 endorsed by ST John, the Phenx Bank cerid
cate 70 SIS 600, was NJ l.. Sheldon.
The following paper shown to witness, and was
identified by him ~ his handwriting
III. l.. SHELDON, Esq-sir Please deliver to Mr.; Bradley
bis draft Samuel Wasgoner for $1,000 and his autho
rity TO draw; and oblige yours, &c. X. BARBER.
New York, Dec. o, 1850.
site with you RIB
The object giving this order to Bradley Sheldon
to enable Bradley to get the draft for the purpose
getting St Johns endorsement 1t; the 9th Decem-
Der had not been by St john my
is that after had been endorsed by St John 1t was
taken back to Mr. shedo7 BY Mr. schrobel there was
draft him; think gave It to Mr. Eagan believe
MIR Martin L. Sheldon, now present the person with
Wnom the WhggOner uraIt Certlncate were
discounting by Mr. schrobel, l suppose with St.
Johns endorsement upon it.
Miles A Bradley being examined according to law on
the foregoing charge after being informed Of the charge
made against him. and that he is al liberty to refuse TO
any question that may be put to him, says IL
was born in Cayuga county, State Of New York was
forty years age December; married. and
have living, who eighteen the tenth day Of
April last reside in Cincinnati Ohio and my business
is that Of q broker.
Q-what have you say relative to the charge made
against you!
ment embodyDg all have to say at present
the subject Some time in the month OF July, 1850,
August 1850 received letter from Mason Converse Of
St Louis Missouri asking II knew Of Eastern bank
that could b. bought stating that currency was eI-
ceedingly in the West, there was but
bank in Missouri, and none in Illinois, and that
No l parties had requested him to make the In
quiry. / answered Mr.. Converse that did know Of
bank that thought could be got on favorable terms,
provided the parties all right, and asked him
to give their names to which he replied that Kenneth
Mckenzie was the man. / photographed to Messrs.
p.cuniary circumstances Of Mr. Mckenzie to which they
replied that he (NcKenzie) suspended payment the
May previous; wrote Mr. Converse that Mr. Mckenzie
would net do a. understood that he suspended pay
ment time previous; Converse then wrote me that
he had made agreement with a man named Robert
Barber and that he Converse) would be at Cincinnati
such day (the precise date do not recollec his
way to the prepared to carry out the purchase of
the bank had previously stated to Converse In Of
my letters that II required from twenty to twenty-five
thousand dollars contr oling interest Of the bank
but bad not given him the name Of the bank; about
cinna and that he had arrange with Mr.
Barber who had got married the morning he LEFT St
Louis, and had gone to Buffalo, by Chicago and the
Lakes, where he would meet and East with
and put the requisite amount Of funds to carry out
the bank purchase inquired Of in Cncn-
natl who knew Mr. Barber what his character was and
they informed me that he was man who would bear
watching and that II had anything to do with him,
keep the control in my own hands; asked If he was
Of means capital and he said not but that he pre-
sumed the money furnished by else;
had known Mr. Converse time Previous think
for the last seven or eight years. the strong
Sc ntatic and solicitations Of Mr. Converse, in
duced TO start for the East with him. to carry out the
object, viz the control Of bank; think left Gin
cinnst the 10Th Of September for New York. via Bua
TO- where met Mr. Barber at Phelps House, he stated
that he had been waiting days for Us; left BuRa
10 the same morning; MI Converse and myself and wife
stopped at the Mansion House Buffalo; we saw Mr. Bar
Der only moment at Phelps house; was introduced
70 him. passed few words and IL agreed that
houd go on that morning, in the nine A n. train;
net again at the cars Mr. Barber had person with him
vife to New York together; don't recol-
ret that anything particular was said relative to the
ank purchase until arrived here; arrival here
~ all put up at the Franklin House in Broadway but
DIR Barber took to treatment he had received
here and went to the Irving House. Mr. Con-
writing relative the purchase the control of
,nnk had been corresponding with Me- Chs Porter Of
yerh Massachusetts relative to the purchase Of
rol Of the Union Bank Of Haverh which was the bank
had reference to In the correspondence with Mr. Con-
vtrse; after arrival here the matter talked Of
wo or three times told them the bank in Mass-
he matter at any time. but that had money
yet and assurance must be given that the money
would be forthcoming IL arrangement made, or
hat they would put up thing az earnest that
hey would do 40; whereupon Mr.. Barber handed me
IL 800 for which gave him receipt and started
allied his wife and Mr. Converse) for Boston; on our
arrival at Boston I remarked that II would not be
advisable for us all 70 go to Hsverhill, which is
mall town about thirty miles from Boston, 1t would
,e apt to create excitement; IL was agreed that
should GO which did. and found the bank In differ
mt situation from hat anticipated. and II would take
much longer TO carry out the purchase than had sup
'os~d and concluded that IL would not be advisabe to
undertake returned to Boston and stated above to
hesrs Barber and Converse and they returned TO New
FORK went TO Worcester and from there To Oxford 10
Mr. George Hobart relative to the oxford Bank had
ome conversation with him. and he agreed 20 meet
Sew York, which be did 1 asked Mr. Hobart what
commission, bonus. he would charge to obtain for US
he control Of the Oxford Bank and be asked think,
thousand dollars perhaps i've thousand at first
not positive; at any rate he continued to increase
he amount rather than diminish Il; aud then deter.
mined to go TO oxford and Mr. Barton who Mr.. Ho
ar often spoke Of rs No man who would aid him In
arriving the matter through, II an Agreement was on
cred into with him (llobsrt); called upon Mr. I. p.
a. John and informed him Of my Intention and told him
he would accompany mo, for the purpose Of making
n investigation would pay his expenses and II any.
hing grew cut iii would make IL an object to him
ftsr persuasion he consented to 20, and the
feeDth q OctObsr started for Oxford and arrived
r barton ~bo rather busy Mt the time. but said
e had an engagement mt Webster, town i've miles I
eiow ONfofu. on the NorW1ch ana worcester railroad
twelve O'Clock that day. at which time and place he
Guild meet u be did meet us, aud IL agreed
bat he should hrst ascertain be could procure
sufficient hunter q proxies, 10 control the cleo
on for directors; NJ t. inform by letter
be Prank in Ilou- and was to pay SIS 600 what
YER beyond that necessary before starting for
xfurd Mr. Barber gave letter of which the follow
ng k copy
NEw YoRr Oct. Il 1850.
A BssptEY. F-q:
D,as sm.-Apy contract made by you relative to the
uI base Of any portion Of the stock Of the oxford Bank
'il be duly r,ctgniz,d and ratified BY me.
Respectfully yours ROBERT BARBER.
This contract with Barber made on the 10th o.
ob-r 1860, and Mr. 7 y. ~ John aud I started that
W nirg irt m WEBSTER TO New Y Jrk the day
ivtd Barber and NJ St John aud my eli talked tie
matter in Mr. 81 John back Office o. Wall street;
bout THE time, think the day. cent Mr. George
iobsrt Of oxford with Instructions 60 them in the
uicbae u the stock n the oxford BANK, the following
eourties:-Cerihcsie Of eeposit In the PhInix BANK,
Or 80 COO al i've months dated 2h September. $500,
,rt hosie q depost ia the savings Bank n Memphis,
stt = ptnbcr 20 1850 at three mODtns for $1,000,
rsts Of ., posit Iva ibc Savings Bank Of Memphis,
lated September - 1850 for four months, for $780,
a IA nI.FN I'D l.fU