The New York herald., 1872-09-19
The lNGERS0LL BAIL BONDS.
Examination Of His Suretics-The Father Of the
Great Chair Maker Gives Schedule Of
His Property-A Partner Of the Lat
ter, the Other Preferred Secur.
ity, also Gives Statement
Of Eis Worldly Effects.

That famous suit, in legal phraseology designated
the suit Of the People rs. Tweed Ingerson, Garvey
and Underwood, but popularity known the
OConor suit, instituted to recover from the parties
named So oOO, 900, alleged to have been stolen by
them from the city, after prolonged respite in the
courts, has again given evidence OF vitality In pro-
ceedings yesterday morning before Judge Leonard,
holding Supreme Court, Chambers, touching justi-
cation of the sureties offered for James Ii. Inger-
soil. The parties appearing on his bail bond, which
was for S5OOO0O, it will be remembered, were
William W. Watson and Lorin Ingersoll, the latter
being the father or Mr.. Ingersoll, and the two being
partners in business They were required to JUS
tlfy in s5OOO0O each Mr.. Wheeler II. Peckham ap-
peared for the people and Mr.. Ehhu Root for MI.
Ingersol. 4
d., MIR. wATsON's PROPERTY.
Mr.. Watson was first examined. lie said that he
owned half interest in real estate on the Bowery
and on Chrystie street, worth s250,000; property
on Bcekman street, worth $4,000; property on
Sixty-nfth street, worth $4,000; farm in New
Jersey, worth s2O,o0O and about $4,000 in bonds
and mortgages. All this property he owned free of
debts or encumbranccs.
Q. Is this all the property you own A. own
personal property besides Of the value OF about
s15ooOo.
@. How much OF your property was conveyed to
you in order to enable you TO justify in the full
amount named in your bondY A. ABOUT one hun
dred and twenty thousand dollars; this was con.
veyed to me absolutely for a nominal considera-
tion and without any agreement or understanding
gage on Fifth avenue property and lao shares Of
Insurance stock were pat in my hands for this pur
pose; Mr.. Oglby conveyed the property to me-,
was not partner with the defendant lngersoll,
but with his father.
Q. Would you return the property given you for
the purpose stated, II this bond was out OF the
wayY A. don't know whether would or not; !
have made no agreement for its reconveyance.
IhGERsOLLs FATHER TELLS WHAT He is WORTH.
Mr.. lngcrsoll testified that he owned the other
half OF the property on N! Bowery and Chrystle
s;on s e I HI s4se in 3d.
tween Seventh and Eighth avenues, worth
$500 900; property IN Becknan street OF the value
OF sl75oo; one-third interest In dock property at
the foot OF East Twenty-sixth street. OF the value
of 100000; property IN Morrisania worth 100000;
stocks, bonds. mortgages and other personal prop
g. How much do you consider yourself worth al
together above your debts and liabilities A. Be-
tween S90000J and 81 l0O0.0o0.
@. Which, If any OF the above property was con-
veyed TO you to enable you to Justify for the full
amount named In your bOndY A. The property in
West Twenty-third street.
Q. Was this given to you absolutelyS A. It was,
In case Of NJ ingersoll respondng Wnen M his his
propertyY A. don't know
Q. Doyou mean to say you do not know whether
in such case you would reconvey the property A.
mean just what have said, don't know.
ARGUMENT Or COUNSEL.
o ho osna og n %
important the counsel argued the case at some
length. Mr.. Peckham insisted that the parties
could not properly justify inasmuch as portion OF
the property sworn to by each, or owned by them
respectively, was only nominally theirs and given
them for this purpose. lie did not consider that
accepting these men as sureties under the clrcum-
stances would be in full compliance with the re.
qurements OF the statute
Mr.. Root urged that the property in question be.
longed absolutely TO Messrs. Ingersoll & watson;
that they could SELL give away or will away tho
same or do with 1t as they pleased The whole
question lay with the conscience Of the Judge
This property was liable with the rest In case Mr.
IngersolI, the defendant, did not respond. He
asked permission TO send up decision of Judge
Cardozo IN the Tweed case covering precisely the
same point.
considering Judge Cardozo's late career,n in
terrupted Mr.. Peckham, al don't think his opinion
amounts TO much"
"a kick at a dead lion" whispered lawyer.
at will do for an argument said the Judge,
looking Mt the counsel over his spectacles.
"And good argument IL will be found, )" observed
Mr.. Root.
DECISION POSTPONED.
Judge Leonard made few general observations
upon the matter, which seemed to indicate q dis
position to accept the sureties. He, however,
thought the subject was one requiring careful
examination OF all the facts, and therefore would
take the matter under advsement. He would try
to render his decision to-day.