Muscatine weekly journal. [volume] (Muscatine, Iowa) 185?-1890, 1860-06-08

Gross ec4nained. Il have been with Atwood
& Co. since 18th January, 1857, with
exception of Snonths between 1st September,
1857, and 1st or 18th August, 1858. They
are Q banking house, not chartered-private
bankers 10 not know of any drafts from
Muscatine Branch protested for non payment
Can't say whether such is the fact. Sometimes
remitt2nces are sent which are not paid, and
we do not give credit till it is paid. | am the
general book keeper. Another person-one
Of the firm attends to the correspondence.
Mr.. Atwood generally opens letters, and sees
them first. 1 DON'T attend to thai, but have
OCCASIONALLY opened letters. Entry clerk
makes entries. Ipost books after days work
is done. I do not exclusively make entries
on the blotter. / attend exclusively to the
ledger accounts. ii blotter was wrong, my
book would be. My information is not derived
exc usively from the books As to many
things have no knowledge except from the
biotter Delays in mail are not very common,
except when there are accidents; but delays
sometimes happen.
SD. VIRLK saoorn.-I reside in Muscatine.
I know defendant; knew him when he was
Cashier of the Bank. I was one of the
Directors of the Muscatine Branch, and was
one of the Directors selected to help make
that statement, and Col Nealey was another.
My name is signed to it. Defendant objects
to any testimony by this witness in regard to
the October statement, because said statement
was signed and sworn to by the witness
Overruled, and defendant excerpts This
statement Was made from the money in and
the books of the bank. Cashier had charge
of the books We made the examination
49,, nd HUT n
reported We then took the statement and
referred to the books, with Mr.. Dutton, ami
found the balances with the books and the
statement correspondent. We counted the
money, and fo,fnd the amount called for in the
ssitesnent; found. also, amount Of bank bills
called for in the statement; also, amount Of
other branches of the State Bank specified in
our statement Directors meet once a week !;
cunt tha funds once a month-on the LIST
Monday of each month. Don't know how
long the ST., 900 in gold remained in the bank
after the October statement; don't know how
loag banie bills remained. Two Of the
Directors who are selected, make the exam
ina lion. Mr.. Dutton was Cashier eleven
months; was the first Cashier; went in in
December. A. o. Patterson was President
of the Branch. He was there at the time, but
did not help count the money; it was not his
business. helped make August, September
and November statements. We always counted
the money and compared with books when
acted or was selected to help make the state
ment. In regard to the October statement,
Mr. Dutton represented it to be correct. He
represented that thesmoney subject to sight
draft was actually on deposit, without any
explanations. ,Dutton did not say that there
were drafts on the way which would give the
Muscatine Branch credit to the amount rep
resented. If I had understood the money
was not actually on deposit at Park Bank and
elsewhere, l would not have signed the
statement.
Cross esamined. have never been engaged
in banking. don't know custom as to
charging sight draft when sent away. Think
sometimes produce bills on St. Louis, which
were discounted, were charged up at the time
they were discounted. Did not discount any
bills on New York. Can't say whether
exchange purchased on New Y ork was charged
up when sent or not. Exchange on hand
would be put among the items, 'Due from
banks and bankers" Don't know custom of
Bank since Dutton left have made one
statement since Dutton left. We took it, as
We had been in the habit of doing, from the
books, TO which We referred. In making
statement, we did not call on Mr.. Dutton for
the Elonthly statements Of the New York
banks rendered to Muscatine Branch.
Re-scaminsd. Notes of resident makers
discounted would be counted in item of Notes
payable in this State" Ifthey resided abroad,
they would 60 into another item, and not into
the item of amounts due from other banks, or
I'm cash. s3eti s-.is.9'59i,' sa@
Cross-ersnsised. IF we had sight exchange,
It would appear a. no much due FROM banks