Knoxville daily chronicle. [volume] (Knoxville, Tenn.) 1870-1882, 1871-06-18
EXAMINATION OF C. POWELL.

IETERBoeAToRfEs.
Question WAS C. NJ. McGhee, ESQ.,, q
partner, or had he any interest in the firm OF G.
Powells Green & Co. at the time the Knoxville
positwith said ffm7
CUES. did the Prcsidesstor any officer OF
the said railroad company ask or receive any
compensation, commission or profit in any way
on account of making said deposit with your
house
Dues. S.-Was the account kept in the name
of c. NJ McGhee rs President of the company,
or in the name of G. III McGhee as private
ind and were R1sd with
ny done with c. M. McGhee- by personal cor
respondence with him, or was it through the
Secretary and Treasurer of the company J /
Ans.-The account was kept in the name and
style of G. M. McGhee rs President, and most
of the transactions through and by tho Secre-
Cues 4.-Was the funds of the Knoxville
and Kentucky Railroad Company used by the
President or any officer of the company for the
purpose of'private speculation or gain 2 ; g
Ans-None of the funds was SO used that WAS
in the hands Of C. Powell, Green & Co.
Ques. 5.-Please state whether, at the time of
keeping the account of the Knoxville and Ken
lucky Railroad Company by your firm, it kept
the accounts of any other railroad companies,
and if so, what companies and whether they
were taken upon the same conditions as the
Knoxville and Kentucky Railroad Company's
account
Ans.-We kept accounts with various rail-
road companies in Tennessee, to- wit !. East Ten
nessee and Virginia, Rogersvile and Jefferson,
Knoxville and Charleston, and the Mississippi
Central-all taken upon the Same basis.
Cues. 6-Alsol ploase state whether ut tho
time of keeping the account of the Knoxville
and Kentucky Railroad Company, you kept
the account of any banks or business houses of
Knoxville, and if SO, what banks and business
houses?
Ans-The, Peoples Bank, Exchange and De-
post Bank, the Knoxville Bank, together with
various firms in your city, and many individ-
uals in Knoxville. 1 would respectfully ask
you, without namingS to make inquiry in your
city.
ford e. Co., -Rayl & Boyd and Coffin, & Martin,
besides other firms and individuals.
CUES. Please state what railroad compa-
mics besides the Knoxville and Kentucky Rail-
road Company, made losses by the failure of
your firm, and the approximate amount Of each?
AnsThe IF Fast tennessee and Virginia
Charleston, and she3 Mississippi Ceptraf i q
Cues. S.-Also, please state what, in your
opinion, was the financial standing and credit
of your firm, at the time the account OF zthe
k1oxyille and KentnckyI Railresd Company
was commenced, and what it was up to the time
of its failure?
Ans.-Good. ....r.,...-.s.,..,. III
Ques. 9.-Please state what the, present con-
dition of the firm of G.. Powell, Green d Co is,
and what their probable ability to pay their liza
bilties?
Ans.-Hopelessly insoiyent with no assets
except few small balances on insolvefit pafi
ties.
CUES. 10.-Please state, who were the individ-
nai members of the firm, of G.. Powell, Green
Co, and what is the present financial condition
OF each SO far as you know
Ans.-Myself and Isaac +. Green.
fix. C. POWELL.
STATE or TrSSEssEE,1"n
county, of Knox. = .,sss-Yx- sA-s.
Personally appeared before me, Charles ID.
Brown, "a NotaryyP Public in and for the county
and State above named. Columbus Powell, of
PowelPs Station, Tennessee, who, being sworn,
ing questions are correct and true to the best of
his knowledge and belief ..y-ff-.,r
Sworn to and subscribed before me this 18th
day of May 1871 M - -
CHARLES Fl. BRowS, Notary Public.