The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-13
UNITED STATES COMMISSIONER COURT.
The Case Of Li,arIes Calender.

Before Commissioner Osborn.
The United States vs.. Charles Calender. The
further hearing Of the case OF Charles Calender, the
bank examiner, was resumed to-day.
Mr.. Noah Davis, the District Attorney appeared
for the government, and Mr. william Fullerton aud
Mi. Joseph Bell Tor the defendant.
TESTIMONY OF Mr.. FANCHER.
Mr.. Fancher, one Of the directors OF the Ocean
National Bank. testified as follows:-Abour October
met the defendant at the Ocean Bank; he told
me then that he had not lately examined The affairs
OF the bank; desired HIM TO make such au examl.
nation and report upon It; some few days after he
told Inc he was making such exannation on Octo-
Der or 8 he attended a meeting OF the Board OF
Directors; he said tncn that he had examined INTO
the AFFAIRS OF the bank; asked him Y lie would
Of his examination; nc did so; he also
stated tnat the Portage Lake bonds would soon be
stand that Calender owned any OF such bonds
which were In the bank; the President OF the bank
as ory on the dollar Tor
bonds, and that he thought they would soon bring
seventy cents on the dollar; nothing, 10 my
knowledge, contained In the statement made by
Calender OF the affairs OF the bank has since then
proved to be false; he was wrong IN his opinion
OF the value or some Of the stock held by
|. the bank, but in his statement OF facts
/ think he Is correct; the Chicago fire had bad
scr Calender SH s %ads his statement % aect the
stock held by the bank; some OF 1t was deprecated;
about the Time OF Calendars examination il was
satisfied that tho business VI The bank was increas.
Ing; dd not az that time examine the cash Items
| OF the bank, and consider them the most 1mpor.
/ tant: n there had been no chicago nre, ana the
bank had continued To increase as IL was u0inR De.
fore the FIRE. would have been saieto have bought
the BANK stock at sixyhye or seventy-nve cents on
| fhe dollar: iJ was during period OF three
| months, instead OF one month. as heretofore
stated that, IN MS opinion tue affairs OF the bank
were IN a very favorable condition, ana that man
cou,d afford to buy the stock OF the bank at 81. TO-
| mat wItnln FEW months, the bank had made
about forty thousand dollars, and that II could
make % dividend; Mr.. Calender stated that the
not appear as assets OF tho bank, ana that stock
was removed from the assets; he added that he had
Judged or the affairs oil the bank from the most reli-
able sources 0I Information lie could obtain; was
not aware the defendant had cheeks In
the bank until after the appointment OF
receiver; felt satisfied that defend.
ants examination OF the banks affairs
was correct; air. Tweed aud Mr.. Corson were d.
rectOrs OF the bank, but never saw them at
me etng OF the Board OF directors. Iweed owed tue
appointed; wanted an examination oil the bark
made, so that the dealers with 1t could De protected
II there was anything wrong: IL was ABOUT week
before meeting OF the directors tnat asked Cal
Cross.examined-Bei0re defendant made his re-
port ne stated that the bank made $50 600; the capt
tai stock OF the bank was $l,000,00a
TIE case was then adjourned.
Charge OF EmbcxziinE Letters in tho Post
once.
Before Commissioner Shields,
The United states VS.. Michael J, Murphy.-Thc
defendant had been charged with embezzlIng let
ters from the Pest Onlcc of which he was an Official
Yesterday tho commissioner rendered his DECISION
holding that on the evidence, there was no ground
fOr sending the case to the Grand Jury, The dc
fcndant was honotably discharged,