The New York herald., 1868-05-30
the ALLEGED 100000 FALSE pReTsHcE CASE.

The examination of witnesses In the case Of Brown
Brothers a Co., bankers, in Wall street. vs.. J. X.
Place, late importer in Front street, who stands
accused OF swindling the complainanfs out Of
100000 under false pretences, was resumed at the
Jefferson Market Police Court yesterday morning.
Messrs. J. N. Whiting and J. II. Anthem appeared
for Brown, Brothers Co., and Ira shaKer for Mr..
Place.
The examination of John e. Johnstone, Of
Brown, Brothers q Co.'s house-one Of the
committee appointed by Places creditors
to investigate HIS accounts-was resumed as
follows:-The committee prepared their report,
and before presenting 1t to the meeting OF
creditors submitted 1t to Mr.. Place; the report
here produced); this is the report shown to Mr..
Place; 1t was shown to Place In his private ofice the
entire committee were present; Mr.. Place on read
ing the report remarked that he thought the commit
tee had not followed the facts strictly, exhibited
by the books and the entry Of the charge OF Mr. Place
for 5000 900 and Mr. Sparkman for $780, was cal
culaed to deceive; that the committee had said In
their report that the entry had been made with the
idea OF making the capital 100000; he thought we
should modify our report In that respect; we subse
Place; this was received rom Place about two days
after the interview referred to above:
Crosse xamined by Mr.. Shaffer--The meeting was
It was in the handwriting Of Mr.. Barrett one Of the
the az creditors az ws hsS %
ledge what took place at that meeting; was in
formed by the secretary OF the meeting that was
one OF the committee appointed to investigate
day OF the meeting, 17th Of January, think; the
committee nrst met, II l recollect rightly, day
or two after we were appointed; we had fifteen
or twenty meetings on as many different days;
Mr. Place was present on at least two occasions;
do not remember the date OF the first communi-
cation we had with him; think 1t was at the 1rst
OF Mr.. Barrett Mr.. Randolph, Mr.. Taylor and my
self, who were present at the Interview; Mr..
Place spoke of books, and made statements with
reference to profit and loss accounts of 1866; the
books produced and referred to were two ledgers
and journal; as to the profit and loss account OF
1865 he said that the profit account had not been In
cuded because they had found that the business OF
the year had shown loss, and 1t thought better
not to close the books so to prevent the clerks
from knowing that they had sustained losses; at
their interview he spoke Of Mr.. Barrett being q con-
ndential clerk, and we could rely upon any state
ments he might make; do not recoect that any
thing further said by Mr.. Place; the next inter-
view was In Mr.. Places Office "a week or ten days
after the last named interview: were lust coming
out from the meeting OF the committee the next In
terview was when we had completed our report In
J. X. Places private ONCE; Taylor, Randolph,
Place and myself were presents we had at that
ducton Of the three members; but the writing was
done by Mr.. Taylor. The examination OF the books
occupied about fifteen or twenty days, and covered
from December, 1865, TO November TO- 1867. This
report literal copy Of the entries in the books,
far as t purpors to give extracts don't know where
completed, and Mr.. Place was present; 1t was about
Che middle Of the day. he had the report IN hts hands
about fifteen minutes, and made the remarks as
above recorded am satisfied he read 1t through; he
made no remark concerning the report except re-
Gnrding the cepttal; cannot swear that he reed