New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-07-21
STATEMENT OF Mr.. mILLs's son.

77,o,a II Mills "a sonof the deceased told TPIBUNE
reporter on Saturday that he was executor or MS
fathers estate under the Will and that as such ne hau
nsked and received possession Of all his fathers private
papers which had been the Office Of the Trust Com
pany. lie had gwen these such examination as time
would hermit and was positive that his fathers affairs
were not IN "a Tad condition; al his habhues would NC
mid and his family would be well provided Tor. lie
SAID That his father only short tine ago. sWorG s nf
mat The statement correct. His building opera
mons ana real estate investments had not been dlsds-
trous nm his opinion, and, far as he could learn
the property was NOT NV. 49, ~ - =
lean on "a mortgage from ms brother Of $1,000 winch
WAS evidence that the property LtG oy ms la9 IStHea
Ny.s relieved 10 he very valuable. HIS rcntOu lor tte
pasf wear was &iO0J. he supposed that ms I1thet
Knew that he had oyeTdr1Wn lls account WIZ lHe US.
81 to 49, lrr 90 brf for MS upexpected death.
nc orca state bonds which were among the assets OF
H. 4at nlssed he Examining Committee. and his
father was no more responsible for them than
Tie crlrr officers or the Company. lhe NtWlliEtui
Aidd.etown aud Wiimantic Railroad bonds which had
bee described as worthless would Ae sad, be worth 80
cents the dollar u the contemplated aIIduktmJIt
with the New England Railroad were consumnated lie
tet yert confident that the Trust Company would not
lose single through his fathers TRANSACTIONS Out
that any deficit which might he dlSeoVeTsd NOud pe
easily made good from his estate The officers Of the
Company bad told him that this was their DeeI also IL
had been said that payment on some OF his latAeIs
checks lad been refused the Nassau Bank where he
kent ms private accounts Dat ll1 laE{ was uC Cpo am
been refused until after his DEAN Wheh we lOey o
deposit property OF the estate, ana the Ieius"
was based solely On tins ground.
FAMILY COMPAST.
When the Trust Company organized number OF
wealthy NewYOrk and BroOky men were ia the Board
OF Trustees and many Of these related 70 the late
President. either by blood ties or marriage. Mr. Mills
married sister Of A. A. q Josiah o. Low, the large
tea firm in Burng Slip and Josiah A. Low, the VICE
Presldent married sister OF Mr.. Mills E. II. F. Lyman
member Of the firm of A. A. Low Co., married sister OF
the Lows and his second wife a ssterinlaw Of Alex
snder NJ White another OF the directors and Mr. Whites
non married niece OF Mrs Mills. Henry Z. PierrepOnts
sou married A. A. Lows daughter, and Dr. H. j. Cullen
the office Of the Company A. A. Lows building
All Of the Trustees men or wealth and II was this
he sablitT Of the concern From the II
success because OF this feeling OF security. At one time
ttg deposits ranged high t4,5OOOOO. During the
past year the deposits have been much reduced unat
the time Of the suspension there was only about
e22OOOO Within the past two weeks several nnanclers
have drawn out their balances and IS now stated that
1One of those had friends IN the Board OF Trustees
were among who reduced their balances or With
drew them altogether
The departure Of 4. A. Low wife, and daughter for
Europe on Wednesday last after the recovery OF the
body Of Mr. Mills, and the consequent failure Of Mr.
Low 10 attend the funeral Of his brothernlaw,
CITED much unpleasant comment the part Of the pub
tic IL was asserted that be knew of the financial
larrassment OF Mr. Mills, and the fact that he had
largely overdrawn his account In the Trust Company
and not wishing 10 remain and witness the scandal and
disgrace OF his dead relative that would follow the
H.,
denied Yesterday that the latter acuated by any
such motives II was his custom 20 Europe every
year two tor rest and recreation. He engaged his
passage and staterOOms several weeks ago. and II he
forfeited his weeks might eapse before he
could obtain others.
Mr. AnLs's CONNECTION WITH THE HEwHAvEH, MID
DLEIOwN AND wILLIMASTIc RAILROAD.
One OF the directors Of the Trust Company and an
intimate friend Of Mr. Mills questioned relative to
tie latters connection with the New Haven Middle
tn,yo and Wiimanto Railroad. He stated that Mr.
Mills was director OF that road and was largely inter
tstcd In IT, having contracted 10 finish 2s miles OF IT,
Ia. road was formally opened about the lst OF June
alter much en- barrassuent aud delay, arising from the
want Of money 10 complete and equip IT, He believed
thr railroad company only owned two locomotives two
passenger cars and small number Of freight
care. On the day Of the opening OF the road,
fl~- locomotive attached 10 the car IN which were.
Mt Mills and a number OF his Trends VINO had
TtcUnpdied bin by invitation 70 Inspect the road ran
m he Track aud the party delayed considerable
Tine The accident occurred consequence Of the road
beng poorly constructed, Negotiations are now making
ukiug toward tue lease OF road connecting link
Il thr pew AIR Line between New-HaYen and Boston.
Should tls Oe contaminated, the bonds may IN time DC
NOrtb par: III sOld now, or in case the negotiations
would fetch more tOan 20 cents on the dollar.
THE SUICIDE THEORY
Opinion seems % be divided a. to whether Mr. Mile
committed suicide or the victim OF an accident
Certain circumstances and actions Of Mr. Mills preyious
10 bus death seemed 20 give great color TO the suicide
tinory winch obtained wide credence IN conseouence
GU Monday last tho deceased went " his land agent Il