The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-10-21

the CONSEQUENCE II your demands were not Compueu
with A. You presume that did go 70 them all.
O. You have already said SOP A. No, sir, have not
O Did you toll Perkins that your demand was upon
Leland regarding the due the grandfather A. Yes
sir presume he is not counsel, to my knowledge
d why did you talk with himY A. II is assumed that
went TO him and had talk with him about the difficulty
with Leland; that presume told Perkins that $.
f. Jones had a claim on Leland say presume did tell
him. have doubt did tell him; have no distinct re-
collection.
O Have you not offered him to make settlement on
certain termshave you not sought settlement on cor
O. Nor made an effort 70 settle on certain termsf A.
No, sir Mr.. Leland has offered to me 10 meet me at my
house before this prosecution was SEM wora
TO know II he could not come TO my mousse sau ne
could not; he wrote note requesting meeting az mu
tual friends met him there and told him that haa no
thing TO settle with him, and that his answer must DO 70
the State Of Connecticut
O. How long ago was thatY A. About two months ago.
O. Was that subsequent TO your telling him that II pay
made to s. f. Jones, Sr, nothing more would DC
dones no hing a ana ss
certainly did they asked me; told him that oil the
papers and communications were in the hands OF the
fo-You have had no communication with him since
that timer A. No, sir.
Q-Wha was your business at the time you first start
ed the idea Of getting charter for the Colchester Banks
A. Practising law in Hartford.
Odd mot you keep hotel2 A. Yes, sir did keep
hotel at the time in the profession Of law
but not extended practice.
Q-Had you any property under your control a. .ne
time got up the charter for this bank A hau ST.
Q.-How mucha A, Six or eight thousand dollars
o.-How much had you Of your own at the time you
purchased the hotel at ORIENT
Objected to, and ruled out
Q-How much had you at the time Of forming the CO.
partnership Of Jones h Wilcox A. About So,ooo or
6-How much did you furnish the hrmf A: Between
$50, 600 and $4,000; Wilcox had no capital the bust
ness of the firm that of Yankee notons the OLD rm
owed my grandfather 81 0O0 we the nrm, assumed
this indebtedness put what money had I'M the firm was
started in 1855 they dd IN New nork wneI inc
business; lent my name and furnished capital Tor the
concern.
Q-when did you first see Warren Leland' A.
About the time ;b store was started in 1855.
Q-who drew IN petition for the signed for the coches
ter Bank9 A. did. sir.
Q-Who circ1 aiea III A. am the man, sir.
Q-Among .ide1i,s of this vicinity A. Yes, Col
chester, Chatni n, Hebron and Marlborough.
Q. You summoned Witnesses A. Yes, sir.
Q. You testified TO the needs Of this community for
bankY A. Yes, sir, did.
men to sign their names and allow them to be sgneda
A. am the man, SIR
@ These names are the names Of your relatives and
friends? A. Yes, sir nearly all.
O. These names Of subscribers in the book OF stock
holders your relatives and friendss A. Yes sir most
O. These Names from Hartford at the head-were they
bona fde stockholders A. They were not, sir.
O. Did you confer with these men to see that they would
allow their names to be usedf A. did, sir.
@ They all consented that their should be
written heres A. Yes, sir; think they gave Dmmck
O So far they were bona fde stockholders and liable
for every dollar Of their subscriptions Yes sir but
the money we PAID.
O. They were not bogus stockholders? A. No, sir.
@ What do you mean by bogusa A. They had no real
interest init.
| @ Were they legally holden to tho banka A. Yes.
| O.. ST: Jones bys!F. Jones, Jr.-was he q genuine
stockholderS A. No, sir.
Q. You mean to say you had the privilege Of writing
| his manner A. Yes sir. ~
O. Did you tell him it for the benefit of any
body but yourself2 A. will not swear whether did or
| not; think did
O. Did you tell the gentlemen of Hartford that their sub
scrpons were for the benefit Of anybody but YOURSELF
Counsel here the list Of stockholders rapidly
separating Tic so-s~iiss1 see-. F-> shA genuine stock
@ Is there one man this whole transaction who was
NJ Nv with snSs who would write bis
think there was unless it was j. s. Jones or Asa Day.
think they would +em -.
O. Ali these names were either signed by the parties
themselves or by legal authoritythe parties did not
know Leland in the matter2 A. Yes, sir, that is so.
@ The stock Of this bank was subscribed by RESPONSE
q When you transferred to the Colchester Bank thi
900, you transferred good stockf A. That is lega
O. Was all that stock transferred to the directors Of tn
Colchester Bank really good, bona hde stock-becaus
these parties holden for the full they had sub
scrbedS A. No, Sir; the twenty per cent that was to
paid in on their stock purpored to be, and should hav
been paid in in cash, was put in in notes; the paymen
or their stock was made and the Liability taken away
O. If the instalment was not paid, they not legal
y liable for their socks A. That question canno
answer; that is a legal question.
What # they were called upon to pay the balance
do moi know that they would that stock was not Of any
value because the overssue of the notes Of the bank
which the bank responsible for knocked out Of them
all of that stock 80 that when tranferred 500 900
stock TO take up the and overssue the bank would
have no benefit from the payment Of the instament.
@ Who made the transfers on the stock book? A. If
| any were made had authority to do it.
O. When this 500 900 Of stock transferred to the
person or did they give you authority A. think some
in person and some by power of Attorney all done at
who made that negotiation with the directors Of the
| Colchester BankS A. made the negotiations.
Q. How much "paper" of Jones & Wilcox
that was discounted for the benefit Of Jones
Wilcox-S5,0o0; l include Samuel F. Jones in tina
Wilcox Of this bogus character, which was never dis
counted, but put in to ill the vacuum.
9 When did Jones Wilcox falY A. Never.
O. When did Jones sell out to Wilcox A. Septembe
| or October, 1857.
O. What was the compensation A. $4,000 paid t
Q. What was the property on handS A. I think abou
g What were the liabilities of the CONCERN A Abou
Q How was any payment made by Wilcox A. /,
Q. These notes were paid9 A. portionof them
2 How long was this before Wilcox failed2 A. thnl
in December.
q. Did not you make the sale with the intent of dc
| frauding the crcafors VI rnat CONCERN
The counsel for prosecution objected and after argu
ment the Court ruled out the question,
B. +. Jones, ST. your grandfather, preferred il
that assignment Was these funds that were in he
hands Of Leland that belonged to your grandfather and
which you say Leland refused to pay7 A. Yes that was
part Of the funds. The claim embraced portion that
was not paid over comprising note given before this
bank mater.
The Court here adjourned from ~ NJ to1XP. NJ fol
dinner and resumed the testimony Of Mr. Jones reas
sembling.
@ You said that Leland was in Colchester in January
Yes, in January when the second batch Of bills was
! delivered.
Q. What was the amount A. About IS 900.
O.. he IN NJ fhacah ilIo2 A
signed by myself and the President.
What portion Of them were completely A. think
| the majority.
O. What remained to be done to those not completed
A. Some to be nu mbered, dated and TO be cut apart
Q. How could he number them? A. II is a matter OF
TACT that there was very little attention paid TO the mum
beers falling In their order. preserving record
4 there was none numbers often duplicated
O. 1t made very little difference what numbers were
! put upon them as 10 passing them9
O. Leland did not take them with the intention of mum