New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-04-08

SUPERIOR COURT-Befcrs Judss HcsFsS-Aprd v
BARNUM IN COURT AGAN-HYDRAUyIC PRESSURE
HIS FORTUNE ACCOUNTED POR--PRUPosAL
TO CRkDrrORs.
J. Beabsm sst Psnsss 7. Bsrnum
AMOUNT OF rLAISrUSs CLAIM, So, o3s n.
The defendant, Barnum, having appeared in cSu-
plisace with an order from Judge Oakley, dated
April S, 1856, and having been duly sworn, says:
Five ether supplementary proceedings have been n
s'rufed against prior 20 the present one I vas
examined ON oath, under these proceeding, fuliy.
and VI de, an unnecessary degree,Of hydraulic p.es-
II sou doubt it, hope you win give the machine an
other turn 10 labor TO your Successors; ex-
Alderman J. $. Libby was appointed Receiver, and I
,ssien@d TO hIm nodei osts all my property under The
yrocee dings have referred Ia.
Thejudgoenis in the supplementary proceeding thus
far smouut 10 about f35ooo. The assets will not pro-
baby amount 20 much as that 90 you working
for nothing.
2. Have you acquired or come into possession e
any pr perry since the making Of youy assignment
the Receiver A. OF course, have not; how couM
IL am N TO bosihe~e, nor do exyect to be; the
judgment creditors have got Possession Of ALL except
nv real estate in Connecticut that 10 in the hsnds q
asegnees ans has been appraised at eonsdero by leo
than the amount of mortgages upon IT, 50 clock credi-
tons will get nothing from my estate, and lose al
q. You stated in a former examination tksA
in June last you considered yourself worth from
saeO,oOo to e5so,ceo. What has become Of your
prop.rtyl A. ! have repeatedly explained this;
Il
have paid sud 'ecuI,d coei debts 10 the snoSnt Of
Iha,s To-. o lends So,slt at high prices. TO .:.i., J
rone Compsny about. $3.50
.ae,aeej ~ q property in order r,y .llmyIn
~ property coal ,c.,car which viii row be sold fca
% n; bsnS or s *. Of ePcSs
IN he sold 'or surplus Of $50 co.,. 5000
lave other peCulsiious since IDLY isce
Tlere hss been since July last deprreistIsa in my
NH assets now beld by Receiver OF some. S.0v
Totg. S+s5ns
Here then, are nearly $500, 900 accounted for. The
money paid for the support Of my family and law ex-
pensss would probably make quite that
O. Do you pretend then, that you pay nothing 10
clock creditors A. don't pretend anything; assert
that out of nothing comes nothing and that these fire.
quent commands for to come into court and swear
that em not swindler will help nobody; the only
way for creditors TO realize anything ont OF my estate
to take the Com ectcut property 10y subscribing prv
rata pay ng off the mortgages, aud then selling u
gradually at private sale; by such they might
save somethipg handsome; whereas, now the mart
gsges and the law viii eat ii all up; am quite willing
give up that estate and let the creditors divide tds
spols.
Q. Are You not opposing these creditors on the pre-
tense that their claims Illegal A. ten you L
make preteHse | oppose them because they sso
Illegal never received farthings value tor thom;
nnIy of the notes are usurious-some taken
mere collateral security and not 10 per cent advanced
on them, while others are held by the very parties
who through islsc and fraudulent Representations,
drew into this scrape; but il creditors prefer TO
stop law expenses, they are welcome to take oil the
property without opposition from me- and fight il out
among themselves; but If you prefer this fun OF drag
gng me into Court daily, please to 30 ahead; | can
stand it as long as you can for have nothing esc
10 dc.
Q. Have you not threatened to leave the country
A. No Sir; don't be alarmed; shall never run Always
when you have all done squeezing me, expect to
leave New-l ork for the benefit of my wifes health,
which is very poor; but I have nothing 70 run away
from; | am quite at your service.
O. How late can creditors present claims TO your
Bridgeport Commissioned A. Only until 5th May.
Upon the close of the examination, Il was ordered
that Mr. Barpum execute the Receiver for the bon
fit Of plaintiff an assignment similar IN form to those
before executed.
Counsel for plaintiff, Abbott Brothers.