Saint Mary's beacon. [volume] (Leonard Town, Md.) 1867-1983, 1873-03-20


assr presnme7 hss he deposited with his
father insaw, Mr.. Brooks. as colls,ers,
security for this sa~s, large praper,iau
If these paci6c rsi'raal honda which he
. had rsceisea as sgss dividend on thesc
one aaadrsd shares. = III
Now. again, sir. TO show the guilty
knoxleca in refcrssee TO this matter with
regard to the eo,la,erais and the distrihn-,
ton made Of the proceeds Of this stock.
Mr. Brooks says that he knew nothing
about il. that he does not recollect thst
Nelson gave him any Of these coilsterals.
sna never touched a eeat of the proceeds,
You will fnd on page go of The record
the toi'osing:
"Ansser. passed everything OVER 10
! Nc Nsi'son. never touched . eeai Of
I the proceeds of the transaction.
"Qaes,ioa. DO you remember wheth-
er these bonds were actually in your pos.
session
"ias,cer. II they were, il would have
been Only l'ng enough for him TO go to
nav place. or for me to 90 to his place
"Qaestion. Do you think th,se boais
could have been placed with You Is secu-
rity for the payment ct the ap,oart you
advanced to Mr. Nelson?
/ "4asrsr. Ny impression |, that. thsv
were not. never asked him for any co.,
lateral
! "Qaes'ion. 10 you leli,ve you ever
held them at all
! "4nsrer. Nc; believe never held
them a, all.
J "Qacsiion And tina, y,u never had
certificate for the Uuicn Pacific railroaa
stock ?
"i"s,rcr. know never did.
speak confidently in REGARD to that
wouli not touch it, was about TO ar.
/ ccpt the position OF Government dirsc,o'
and woud no, touch share ofthc stock
Of the railroad company"
Then If you turn to the testimony Of
/ Nr, Nelson. on pages 400 and 40. yot
viii fni that Nelson tcst6cs in this way
"Qars'ion Has i, been your habit.
whenever you have pliI him any money
or received money from him. to keep no
record Of il?
"insrcr. When 7 have paid him any
money i. has been by check.
"Qr~s'ion. Have you rot kept any
memorandum or account Of your dealings
between yourself and him ?
"ihsicer. No. sir; not formal memo
ranaa.
"Qae<tior lido no. know what vnu
mean ny formal Have you kept anything
/ by which you could show the transaction
| betwetnyou
"tnstctr. I have given Mr. Brooks
check for 81. 900 on account Of loan that
WIS given in check.
"Qaestion. He advanced SIC. 900 to
pay for one hundred shares; was it just
$40, coo?
"iRarer. Just $40, 600.
| "Gac:'io~. Did you have any account
: Of that. or any memorandum Of it; any
/ thing in writing?
"-ins,5cr. ! have nothing in writing
TO show.
"Qaestioa. Did you a. any time make
/ any memorandum Of iti
"Ansmer No.
"Qucs'ion. Dpyot know whether VI.
Brooks made any?
"insncr Not any to my knowlcdccs
"Qneaion Did YOU give him any note
or any obligation
"Ansrer. gave him no note.
"Qa,stion. There was nothing in wri.
ting on his part, or your part. as far as
you know?
"insrcr. M. sir.
! "Q"erio.. have forgotten wl,ethc-
you stated that ynu gave him any sccuri-
/ ty for the $40 .oo0?
/ "instrcr. gave him collateral! sccu-
ri,y for it in Union Pacific first mortgage
bonds
"Qacsiion. The same bonds ron re-
ccived with the stock?
"insrer. They were bonds received
from he company.
Question At the time you received
these one hundred shares Of stock. there
went with i; S.. 900 in bonds and 500
/ coo in stock of the Union Pacific Railroad
I Com nny. IL remember right. Did you
have ;llat?
! ".Ansrcr. That vas given to me,
! .0arstioa Was that the security that
you gave 10 Mr. Brooks?'
"Aa,rer. gaze the bonds ne II Part
Of the .reurity to Mr. Brooks; hypeihc-
caic,. them with him; dill not give then,
10 him: they we're mine; merely hypo,h-
ecatcd them.
"Dmaio Did he receive frpm you
the sa,sie securities. bonds. aud stock.
that you reccisci At the time you got tho
one hundred shares?
"irsrer When I got the one hun
drei shares I received at the same time
tao hundred shares Union Pacific railroad
..ock and Eve fifss-mortgage bonds.
/ "oeesion. Did you give him the
stoekg n.t"
.Ar~~>r. 10 m. think I did: The
shares were made out IN my name aud I
did nos ,ransfer them.
.CueSi0s nc did no, receive the two
hundred shares aua never had tina, stock!
...tnsaiSr.0 iRiwsys retained the s,nek.
-,."Qsestio't. n, but the S.. 900 in bonds
we're given oEer 20 him rs collateral secu-
ruy!
l"fnsao> =. Yes. sir; re part Of the
collateral sseeriiv ] gave him.
..Cw sna Did you. give him other
bonds than these . ,-...,, ...... =
..AnsSer Mt ut TIE time I received
the Credit Mobiiicr stock.
ah..Qbesfoat Did you at any time to Sc
care thatlloan? e 80
g...tassser- Asterxard. NJ I received
bonds from the company rs an allotment.
1 gave him some bonds enough 10 cover