New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-09-10
DEPARTURE OF !. c. WOODS FOR AUS
HRALIA.

name OF NE Express IoWphhy ahuoeo !" Inc "'s
come TO light
DEPARTURE OF !. c. WOODS FOR AUS
NRALIA.
rrem TIE sds fronciieO Rera2, .Au5. Il
II trnnspired Yesterday that Mr. c. Wools eft IN
the ship AUD ubon, Capt Arthur, which sailed from
this port Thursday aet for Sydney. Toe cause ioI
this precpiate movement is for the present wrapped
n mystery TIE following card from Mr.. |. c. Wcots,
couicd from an extra OF The Aka California Is re-
fresLngly cool. Comment is entirely unnecessary.
aR woODS's CARD
Tho consider alton which entertain for the numer
ous dors of the late firm of Adams Co. induces
me 10 make the announcement which Is the subject OF
Ibis communication. The recent decision OF the Su-
prone Court Of this State having frustrned my ear
nest efforts toward equl'sbe division OF the re-
naming Assets OF the firm among lite creditors by de-
clarirg my proceedings III insolvency null and VOID,
and thus app praiiDg to The satisfaction of few de-
mards the entire funds which had hoped g be able
TO distribute for the common benefit, nothing re.
aiuod that could render my further continuance in
San Frsneisco usefu to Others desrble TO my self
I therefore determined at ouce n tale departure
for the Atlantic saes on one ct Che hoe Of stear ~
In the iope thai might BE- able to effect arrange
ment for the pa ent OF our protested exchange IN
New-York, tier beng ct the time of our failure
large amount Of ssseis provided for hat purpose In the
hands Of our agents in that city.
This dei,rmr a'iOD, however, was thwsrte1 by Var'
GUS devices tie part of certain IN lviduass VINO
claimed to rpres, 1t one Of mypartners apd who also,
by On ingenious MON Of apparently conflicting duties
[
dhonored our bills. The object of their per,inacious
opposition 10 any plan by which coul1 personally
cemmuIic with my partr re- and ehec'uiy disclose
TO them the zeal end ana ann OF me pr"ceellnIso
their confidential agent here too apparent 10 require
explanation. "
SiLce the fnan, ial work Of February ldst IN which
shared the fate of many others who were engaged in
the some lire of business and who are noH IN tue sane
condition of insolvency, | have renamed here ready
10 respond TO any charge that might be maize on the
subject of cga prosecution against me- with oae ex-
ton thst of tie so-caed gold dust conpracy the re-
sult of bich is matter of public notonaty. have
been subjected only 10 those proceedings which ere
ordinarily adopted 10 enforce the payment OF peeu-
MAR Ctmands.
NV object in visiting the Eastern States is to he
feryicesbe II can las certainly cannot be here TO
tue creditors Of our late firm of whom the principal
are wiling that shodld in this respect consult my
own iude ment
Have theIe fore temporarily left this State for New
York, at which place | hope TO arrive at DO very
distant day. | trust shall then be able TO accom-.
psb some ufefu RI suits of which, should my present
expo ctstors be nlfed the par lea interested whether
Irop%s' iss5. C. WOODS.
MORE OF 7. C. wooDss MANAGEMENT.
in another column appear some further interesting
doveo, ments of tie manner in which l. &. Woods
mana Led the affairs Of Adams X Co Onthe night OF
the failure Woods appears 10 have made up hls mind
for nsl ana everlasting break. He shut the doors
to leep the $500 geo OF dust from going out TO deposit
Gre and takes Of il well that is never found
He rockets $500 600 in bills receivable sells the Norh
Point Block property for consideration OF SlOO, 1000,
a. those $780, 0t0 never appear. He then confessed
ude ment to jerks in his store for $6i oOO aud the At
torneys of Alvin Adams charge that the firm
owing nothing 10 those clerks, and that the confession
Of Judgment was made only 10 protect l. Z. WOOD
private property.
Yesterday an examination in this affair of the con-
ftssed ude Inents CONNER ced by the examination
of Henry Reed of the said clerks i'll whose favor
WooGs confessed judgment. for $, 000
Reed testified that he acted as clerk and agent for
Adams & Co. for several years; that his wages as
clerk, $500 monthly, were paid at the end OF every
month that for his services agent he received one
half Of tie let pI,fs of tire express routes established
by him; he was agent for the Oregon Express for
twenty moi tbs at the salary of 5000 fred By hasey
ard in ADDITION all these thngs, be claimed $1,000
'Or bic services agent during one year, though
does rot atIear from his testimony that he spoke
atou hs claim for the money, any part OF it, for
wear before he failure; bur TIE night of the failure
lie cid speak and bis claim was allowed without re-
duction. Ii Was only = goo! .
ls il not II little singular that Reed should be paid
every month in full for bis services as CLERK out or
more than q year should not receive cent or MS ser
vices Ms ae e though his salary In that capacity was
about sG5O per month that he did not even speak Of
il Such tran sacious might appear perfectly natural
10 l. c. Woods, but outsiders will wonder II little a
them. 1t will he Noticed tba. Reed claims that this
= Geo il cue for services az agent curing fourteen
months-a debts previous to $50 having been settled
up. This does Lot agree with Woodes confession of
judgment, from which we extract as follows:
81, saiah &. Woods, authorize the entry of iudg-
"ment az sIst ne i'll favor of Henry Reed for the sum
s. GOO with interest thereon from this date at three
"Ier cent per month, pay able monthly the same to be
" aoded TO ne principal ii lot paid.
The said Gum OF money Is pue to the said Henry
Reed iorwork, labor and services performed by HIN
"for three years pact lChronicle.
n a