, 1873-01-10
BOWlES BROTHERS.
Meeting of tho Paris Crctiitora-A
I.utly Tells How She tVns Txcntod by



tho Firm.
From the american Register, Dec. 81.
A. 1noeting Of tho creditors Of Afossrs. Bowloa
BrothorH was held, Oh Tuesday Inst, at tho bank
ing..houHo in tho Rue 10 In Pai1 Colonel Todd,
Of st. Louis, i'll tho chair. 1t waB attended by
largo number Of unfortunascs, a1nong whom
woro aeyorn1 ladics, and the proceedings wore
watched apparently with groat interest BY a
number Of Japanese etulonts in European COS
tune, who, from their attentive domoanor, woro
evidently impressed with tho idea that aome
strange scene, totally ct variance with their
Oriental notions. wna nbout to bo onnctol. *+*
baron do Niyiere Btated that 1t had boon n
task OF oxtreme difficulty to obtain my roliablo
information rs to THO tranHaciongo Of tho Mossrs.
Dowles, owing to tho TACT that, during largo
portion of their business carocr, tho tirn had
kept no regular books, In tI.o yoar;, 1871 a BOT
Ind beon oponod for tile first time, and tho
Chairman regretted to stato that tho balanco-
sleot presented to tho creditors at the previous
meeting WAS wholly unreliable md deluBiyo.
The business Of t!e bank had beeM conducted
without my cnpitGl whatsoever. It WAS truo
that tho decd Of partnership stated that tho
capital Of tho firm consisted of ono million
| Of francs, Of which one-half was furnished
BY tho , nlsasra: poxloa, s aud nd. oae-hs!t y, ts!
Ind ever bcc1i paid into the bank excepting
sum Of SEQ, 600 By MIR. Appleton, which amount,
saving only Il 800, had been subsequently, with
drawn by TINT ,gontlonan.~ 1lc further statca
LllnL tC CClI1nltIeo VI 1uptETlElon URu ICgG1Scu
no comlnunicationu from tho Doaton and Now
York branches OF Dowles Brothers. except tclc~
gran,H of a very unAatiafaotory and Irrelevant
rlnyactor Tho entire funds and properly OF
tho Boston and Now York houses had beon at~
creditors Of the Paris house. Alluding to tho
| cargcB Of fraud brought against tho nIesgrs,
Dow1cs in London, le added that, as far rs tho
| Conmittoo Of Supervision had boon ahlo to iil-
| yostigate the fac(s, no u1iEnppropriation or
bronch OF trust Ind been committed by the Paris
| branch OF Bowlcs brothers.. Upon this a .es1ri-
| ous aceno enBued.
| a lady creditor, Mrs. Jano Gray Seayor,
started np from hor chgr and aad ; 1T cauuot
| pornit you, Mr.. Chairman, to mako any 6nch
utatenol,t. You arc laboring under q mistake,
| ar, il you boieye this house FREQ fro1u tho
stigma Of fraud, wcpk previous to tho failure
Of this houao, arrived in Paris from New Yorls,
| q gentleman to Mr. Charles Dowles, whom ho
ksisw hero quite intimately some yeara ago,
when Ae WAS presumed to bo n gentleman.
I algo brought with mo draft for 700 aud
Irothera,, together with letter Of eroait on
Brown, Blipley j. Co. Tho morning aftor my
arrival in Paris I called at this house and
asked for 1fr. Charles Dowlos, aud VAS informed
Dowlep tllon came forward, read tho lottor
| insondcd for hiH brother, md very courteonsly
and ai said 'Mr. Bowios, Iavo draft on y@ou'' @
tho tdo tme l'nng the tG hM Mo
do you wish anything on # this morning y No,
ar,, replied, T viii drop in In a day Or two
and got somothing:' I then iaqdad. by tho
way, Mr.: l'owlos, hayo letter OF orodit on
leave With you tor eafo koopi1ig, Lost / should
loso it:' tob4 BY q! moans, leave i with Us,
should you lose It 1t would cause you groat in
conyeuionce:'' 1drew tho letter from ny pocket,
T 1nn tn rn6 fhNf.
| not wish to draw any menoy on it while in
Paris, aB 1t would enable mo to draw I'LL over
Europe and'" my draft on him would be
quito sufficient TOR tor my wants :, willie !
thpt It would bo perfectly ssafe sf with them, and
bado him good morning and left. This was
on the Saturday morning, one wcek previous to
tho failure. Gu the Wednesday following, thrco
banls md again callod for Mr. Wllian, poeaxlop;
who immediately appeared. said to lin. Mr..
Dowles, will hayo to draw OF you for q lttl4
money tlie morning., To aakod mo how Ml0!!
M wanted, M!a l end ropliod about 900 francs. lIe
said, tare ara 400 frencs, roquosting mo at tho
| eanie time to sign paper, nhioh supposed wasa
/. receipt Tor the amount; didn't reaa i, but
ln1w nothing Of h''snsHs, but suppose 1t will
| YOU will 10 dealt with houosably, Madam Ito
ropslod;, 1sAld '!prosume ,so,' thanked hIp!,
aud left On the following Monday MpflinE
heard, like everyone. elao, oi tho failure, aid
oano up to the hAnk u Rot my letsor Of credit.
It. t92k \ mt IstuTnoa to ny hotol resgned to
| QUO at tho house whore ! roaled thet had q
day Or two previous drawn 40S :tranos on nv
draft. Tiloroupon vas advised to opon .ny
letter q credit, anl 500 that Il had uot booi1l
not thoy could not, bad draft OH tllom, a1tl
| this lottor IL on anothqr houas, Uoadas, Mr.
nowlos know thht DID not intond making ,iso Of
It here, However, ! drew the lottnr from tho
envelope: and Sir. It you know anything of Yal.-