Evening star. [volume] (Washington, D.C.) 1854-1972, 1859-08-18

"EvArs, BIO. Co s--The following Letter.
received from gentleman An New York. in an.
swer to one Of inquiry from this city, gives some
interesting particulars in respect to the enterpris
ing firm Of Evans, Bro 4 Co.: 7s -
NEw YORK, August 8, 1859.
Dsnr SU: have your letter of 5fh instant
about Evans, Bro. Co. first called at the placs
The place is two blocks below the st Nichola.
Hotel, and though there are in the street near The
once, bank, 1.-THE Pacifc,) with an insurance
company anderneath besides saving institution.
ne most likely TO look for such business a. T. A.
Co. profess TO conduct.
The building is a small, tbree-story builinp--
quite narrow hall leading to the second story
where, in the back room f. d Co do busne.s'
"A segar store is in the first story Respectable
enough for that business.) The hall entrance has
s . signs, Evans, Brothers & Co., Monetary
Agents, ONCE hours 10 to 1 and 2 to A. - on one
syn, very plain in its character other signs
'.Watson x Co., Skirt Manufacturers, some one
else ARTIST In Hair" and one or two other small
SSns OF no important character. but none akin TO
banking or monetary business That sign of F.
Co being in front the only index of themselves
! passed through the hall, (morc like a dwelling
hall than thoroughfare for business The nexf
thing discovered as to them was a small sign
= Evans, Bro. Co - on back room door second
story, which was ajar. Entering, found the
room small but no one in but a woman scrubbing
Tue noor This was about II O'Clock The office
was furnished plainly, appearing less like bank
ing than a brokers ofice-the door covered with
oilcloth, few plain chairs and common lounge
large table, covered with papers Of a miscella-
neous character, and in a confused state; on the
mantei an ACCORDION; no safe visible or any books
OF account such as would be expected. or any in
dication of a financial concern The papers ON
the table appeared to be mostly letters and memo
randa-a letter book being on one of the chairs
Inquiring for Mr. Evans the woman said he was
quantities of ladies skirts In there for SHE fopnd
gentleman sitting rtS-G-riS to a lady, the sales
woman, suppose. Addressing the gentleman as
Mr. Evans, he came forward and accompanied me
To The back room. He was lame. Asking me
what - was my pleasure" said believed they
loaned money on real and other security and
asked If they would do so on Western lands He
| said they had money to loan, but had not done
| SO on that kind Of security, on account of the
| dlinculty and expense of learning about title,
value, dc. Still, they might do 50, but the
parties would have. to bear large expenses,
probably. They preferred to loan on real estate
| in New York and Wash ngton or sufficiently
near to either to learn easily the character of the
security: They had not done much of the kind
| ton. Their terms were Il per cent for negotiat-
| ing, per cent interest and per cent per annum
bonus That opened the way to general inquiries
| and remarks He said that there were three broth
| ers-two abroad, at LOndon-(both there. be-
| lieve) and himself, the youngest here They
| had concern in London, a Deposite and Bank
| ing Company, Parliament street. Interest on
| loans were payable in New York Securities
| taken in the name Of Evans Brothers The funds
loaned were deposites made abroad They had
| always enough on hand to meet demands for
loans; calculated to do extensive business here:
| had been In business about seven years; here not
long Their company in London not incorporat-
ed expected TO be next sessio of Parliament fonr
| members were directors of their concern Thew
would lend here from 600 to SO OOO for almost
any time, say two, three, five years. he made no
| inquiry OF my name or business. | bid him good
| morning, and he returned to the front room
| L then called In the segar store below and on
purchasing one, | inquired about Evans & Co
The clerk told me they hired of the tenant of the
thlfu story; that Evans d Co had been there since
| the LIST OF May; commenced business in New York
| uen, but had been and were still i'm busines,
| abroad; he thought one brother was in London,
| one IN Leipsic, and the other here That he be.
| neVed they loaned great deal of money, in
| washington and New York; had heard that the '
| loaned one man in Washington 500. 600 but he
did not know the name (By-the-by. MI. F. did
| not say anything of a brother being in Leipsic:
and In speaking OF the fund they drew from &c
| make loans (deposites), he said ne supposed the
| dePositors did not know how the fund was used
| or how invested There are desks in the Of.
nee, other than the large table referred nor wa,
| there any evidence of the employment Of clerks
| have gone into detail of description for even
| those little things help YOU to form correc,
| Judgment The concern may be laying the foun
| dation OF an important enterprise but Won wi
| excuse me for adding, that appearances do MOI
correspond yet with the programme implied, Il
not expressed. / shall pursue my inquiries fur
| ther and write you. Yours, 3
+. S.-Mr. L whom / saw, is about IS wears
| Of age, perhaps 40 and didn't impress me favor.
ably as man OF solidity or influence.