Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1859-03-24
LIE, OHIO, THURSDAY, MARCH "a, 1859.


credit of Mr.. Bliss. Having no reliab.
knowledge of Mr. Chittenden's standing a
a banker, deferred an acceptance for tn
moment, of his certificate. Mr.. Bliss, in Mr.
Chittenden's presence, spoke very favor
ably of his business and position in New
York, corroborating Mr. Chittenden's verba
guarantees as to his ability to pay ever!
liza bil;ty against him, and of his fatterin!
success as banker. Having accomplishe,
a private interview, conferred with Mr.
Bliss, before concluding to accept OF rejec
the proposal made to me. l was assured BY
Mr.. Bliss of Mr.. Chittenden's perfect sol
vency; and to his unqualified assurance was
again added an intimation of his persona
favor with which my compliance with the
request mace of me would be regarded by
him. Regarding Mr.. Bliss friendly relation.
! with Mr.. Chittenden to De sufficiently ;nti
mate TO justify his declarations as to his sol
vency, and having no objections to confer q
favor upon one who bad personal reasons
not to mislesd me, agreed to accept Mr.
Chittenden's certificate for S4s, ,4S4 72, tbs
| amount then on deposit, as understood it
to Mr.. Bliss credit, including exchange
thereon. 1t was distinctly underst at the
time that the amoInt was to be paid me in
New York on the first of July ensuing
About that time. | called on Mr.. Chittender
at his office in New York, to request pay.
ment of the amount due me. found Mr.
Bliss (who had previously called upon me)
at Mr.. Chittenden's Office.
After some conversation with both these
gentlemen, in which they requested a con-
tinuance of the deposit, Mr.. Bliss stating
again that my acquaintance would be duly
appreciated as a favor personal to himself,
consented not to call for the amount, having
again received the assurance o: Mr.. Bliss as
to the safety Of leaving the deposit undis.
turbed. With the understanding then thai
the amount would be paid me on the LIST OF
January ensuing agreed not to call for il
until that time. Before the lst of January
wrote to Mr.. Chittenden that it would be
absolutely necessary that he should be pre-
pared 10 pay the balance due me, he having
since July, paid me $4,000. When thu:
wrote, intended to visit New York the lst
of January, but circumstances arose tina,
prevented my so doing. After the 1st oi
January. continued TO write to Mr.. Chit
tenden that should call upon him for pay
ment as sooE as my duties would permit me
to be absent. Some correspondence ensued
in which Mr.. Chttenden expires ,ed his
qualification that had been enabled to pass
the LIST of January without calling upon him
and expressing his hope that would ac-
commodate him still further by delaying my
call; in answer to which, stated the i'm.
possibility of my yielding to a<urther com
piance. While preparing to 60 to New
York il, pursuance of this and other busi-
ness, intelligence reached the public of Mr.
Chittenden's failure.
I therefore proceedei at ouce to New
York, to secure payment, if possible, of his
indet tedness to me. When arrived at Mr..
Chilte 1den's office found a number Of per-
sons there, with none of whom | was &C.
quainted except Mr.. Bliss. at once inquired
of him as to the extent of the failure, the
losses, liabilities, &C., and also as to my own
danger OF loss. Mr.. Bliss answered that he
had impressed upon Mr.. Chttenden the i'm.
perative necessity Of protecting ME; adding
that my deposit should be secured, and thai
as evidence Of his interest in my behalf
and that of one or two others, he had re-
mained in Mr.. Chittenden's Office nearly all
night 10 prevent the abstraction or misuse
of any securities. He also informed me
where could find Mr.. Chittenden and have
a personal interview, which did at once
At this interview MIR. Chit,enden Informed
me that while absent in Tennessee Qrom
where he had recently returned, guarding
important interests tbere) some unfortunate
transaction had occurred in his New York
office; and that he was, through these, sud
denly aud unexpectedly plunged into nsol
vency; that he felt under peculiar obligations
to save n,e from luss, if possible. An ar.
rangement was then made for a meeting be
tween Mr.. Chttenden. my attorney and
myself, (at which, my impression is, Mr.
Bliss was presently with view to a settle
ment. The balance then due me was. m,
impression is, S35 900, for which Mr.. Chit
tenden protested he could give me no bet
ter security than the following:
Note of Robert J. Walker $500 I
Note of E. Peck, New York 5000 o
Note of J. b. Doe, Janesville, Wis. 1000
Note of A. Hyatt Smith, Janesville, Wis. 5.G0n 0
| Note of do do do do 5000
| Note Of P. Eastman Chicago 6,2O2
Draft of J. G. Camp on p. Reznor 5000
Note ell. E. Beebe $50 O(
s33, 1856 4
Ny impression is that there is anothr
note for $4,000, belonging to this list Q
securities, hich cannot at this memen
discover, but which, when obtained, sha
be delivered to the Attorney General
After the maturing of these notes, non
having been paid. and time adding nothin
10 the probability of Improvement in the
value, proceeded to sue such of the partie
! nc seamad Indifferent to the paympnt n