Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-06-11
THE SCHOOL FUND INVESTIGA-
TON.
Cards From {. WaisrhOHse aad E. G. Pearl.
zo ne Fditor Of th. Bnnner:

To the Editor Of The Bonner:
NEW YORK. June 1, Is70.-RefeTring K
the charges preferred against me by th,
recent report of the Committee on the
School Fund, beg leave I'd state thai
Eome time in September, 1865, l was II
Cleveland. Tennessee, and learned from
John O-ment that there were several Ten
nessee bonds indorsed 10 the Insurance
company of the Valley of Virginia on the
market for sale. I told him not TO buy
them until went to New York and made
some inquiry in regard TO them, and u
! found that they we're good iu the hands
ofthe holder. I would write 70 him 70 buy
them for account Of Warehouse, Pearl
q Co. They were to refund him the
purchase money aud divide the profits.
Accordingly I wrote him in November
TO buy the bonds; that with little trou-
bic ] thought they could be made .. h,
thereby implying that the Endorsement
of the c8s1nanv could be had. He pur-
chased fifteen bonds and sent them, for
which they returned him the purchase
money, and falling to get the transfer
from the insurance company ordered MN
not to buy anV more. They obtained the
statement Of John A. Fisher IN Feorua-
". 1866, and made another effort TO get
the transfer. but from some cause the IN
kuFhtlCF EDAlAfldL AAA4 AeAAAasN.N-" " y
titled Mr. Osnent OF the fact. In NO
vember. 1866. Mr.. Osment wrOie US that
he could get new bonds for them If we
would send them to him, which we did
and be returned Us new bonds for them
in person, which were sold and settle
ment made, he receiving One-halt the
profits.
1 append copies of the affidavits Of Mr..
Fisher, which you will please publish
ehTa nd rhA nHfUrnaIE ha1nQr
possession.
The committee did not request me to
appear before them. Yours. truly, cor
E WATERHUUSE.
[CoPYl
NEW YORK, February ., lS66.
il. Carson. Esq. President Insurance
Company, Valley of Virginia, Wlnches-
ter, Va:
Dear SIR. have been show your let
ter of the Ilth of December, 1865, to
Messrs. WaterhOuse, Pearl * Co. of this
cirv. in regard to the transfer Of the fol-
lowing Tennessee six per cent. coupon
bonds Of one thousand dollars each, viz:
No. 4OI, issued lst January, 1852; No.
/ .220. issued lst January ls54; No. l,742,
issued Ist January, 1875; Nos. 3,l69 and
4.57s. issued Ist January, 1856; Nos. 3 1876
5,596 and .5g7 issued lst anuary ,lo51 y os.
s.Is6. 7.T22, T.723, s,ll5 and s-2ls, issued lst
- loD14 anu NUS AArfA4as ANsof ANr
575 and 1886, issued lst January, 1853,
tseveuteen bonds in all in reply TO which
beg to say that, when your
agent applied with an order Tor the
bonds and satisfactory evidence that
your company would comply with
your obligations as underwriters to the
people of Tennessee, who might bold IN
expired policies issued by you, it was inn
possible for me to get immediate posses
g honFfa u-HTEn Won
had deposited with the Comptroller Of
the SJaUo as the assets of the bank, and
the property in custody was divided and
placed at various points in the state Of
Georgia for security. Your agent being
anxious to get immediate possession OF
the bonds, 70 oblige him, borrowed
bonds with a corresponding amount OF
accrued interest, and subsequently re-
placed them with those which your com
pany had deposited.
The bonds IN question are, therefore
the property of whOmever may hold them,
and should be properly transferred to
them.
Verv respectfully.
rSignedl JOHN A. FISHER,
Former Cashier Bank Of Tennessee.
state Of New York, City and County Of
New York, ss.-I. Thomas Sadler, Com
missioner appointed by the Governor of
LuE = aAE NA LELAlAa AbA LAAg 1iaAeA 1---tha
New York, do certify that John A. Fish
er. whose name is signed to the writing
above. bearing date on the twenty-tblrd
dav of February, one thousand eight hun
drsd and siXJy-siX, personally appeared
before me in my State Aforesaid, and
being by me duly sworn in due form Of
law. did depOse and say that the matters
set forth in the foregoing statement Is lu
all respects true. Given under my hand
and official seal this sd day OF FEBRUARY .
TSigued7 THOS. SADLER,
Commissioner for Virginia.
No. II Wall street, New York.
NEW YORK. February ., lS66.-W. II.
Christian, Esq, Secretary OF the Lnsu-
rance C0mpanv Of the State Of Virginia.
Ricbrnoud-Dcar, ,Str. I have been shown
your letter Of the l4Jh Of December, ls65,
10 Nessrs Wsterhouse, Pearl a Co., OF
this city. in relation to the transfer oi
the following three Tennessee g per cent.
counon ponds Of $1,000 each, viz: Letter
B. Nos lO.5l4. 1O,5l6, 10 j25, all dated the
LIST Of January, Is 9, in reply TO which
beg to state that the bonds in question
were never the property Of the bank OF
Tennessee. or the State Of Tennes-
see. but were purchased by me
for an investment, and were subsequent
lv sold without Endorsement, as the
power Of attorney, TO which you refer, en-,
abling me 70 transfer them never reached
me. The bonds, therefore, are the prop
erty Of the holders, and should be trans
ferred by your Endorsement.
Respectfully yours, etc,
rSiyned7 JOHN A. FISHER,
Formerly Cashier of Bank of Tennessee
state Of New York, City and County o
New York, ss-I, Thomas Sadler, Com
missioner appointed by the Governor o
= 9 he at rrF a
York. do certify that John A. Fisher
whose name is signed TO the foregoing
writing, bearing date the twenty-thirc
day OF February, one thousand eight hun
dred and siXty-siX, personally appearec
before me in nv State aforesaid, and De-
Sng bv me duly sworn in due form Of law
did depOse and say that the matters So
forth in the foregoing statement is in al
respects true.
this tweuty-third day Of February, A. ID
1866. -
(sigued) THos. sADLER, SEAL.
Commissioner for Virginia, -
No. IL Wall street, New York.
A CARD FROM Mr.. PEARL.
To the Editor of the Banner:
New YORK, June 1, IS70.-Referring Z
that portion Of the recent report Of thl
NH0fllLGALALet DLA bLAH E1AAAA9A A NAA-AAH
that bonds Nos. 5l45 and 5l46 were re
ceived bv me, beg leave to state that
bought these bonds from respOnsl bic par
ties at 62JLc. the market value at tn
time. When this value declined 50 rap
fdlv. and I discovered that they were no
a good delivery here, l presented them q
the state officials in person for reneWa
and obtained new bonds On eXamina
tiOn Of the numbers furnished by Mr.
81 E--r 20 a q
I find neither Of the above numbers ant
am consequently az loss to know wh,
NV name should have been dragged int
this report or any claim OF irregularlty
set up by the committee.
So far a. Waterhouse, Pearl & Co. ar
concerned in the purchase and renewa
OF gnv bonds claimed by Mr.. Watson,
have 70 say that his claim was not known
to them. nor the purchase made unit
they had c0rrespOnded with the tnsur
-cs companies. and also with Mr.. Fish
a. EN- in England, and were iuf0rme'
eI' "a ~-e neither the property OF tn
tn-y We IT OF the Bank OF Tennessee
Respectfully y, -
The New York Tn ''' -snb a. ne iVei, H.
date has the following psrag. 2or ma
formation contained in which mag 90
not be true: " A newly published =.
pblet. containing a report of some of tn
proceedings at the Theta Delta Chi re
union last winter, throws a little Ign
upon the question Of considerable puoh'
Interest, namely, the fate OF the secre
archieves Otthe Confederate Government
Il has long been understood that IN
Rebel Archives" at Washington ar
really of little value, the most importan
documents having been carried away Q,
Mr.. Davis when Richmond was evacu
ated, and concealed in some hiding plac
known TO only few persons. In tn
course Of an oration printed in the pam
phlet we refer 20, Mr.. VIM. L. stone state
that the custodian Of the archives wa
the IaIa Colnnel Tilghman- DANtal chic