New-York tribune., 1874-03-18
THE OOURTS.
TRIAL OF CHARLES CALENDAR.
ANIMATION or THE PRESIDENT OF TIKI


cRoss-ExAnINATIoN or THE PRESIDENT OF THE
The trial of cx-Bank Examiner Charles Cal
endar for accepting a brbe Of $4,000 for reporting
fayorably upon the condition Of the Ocean National
Bank when he knew that it was nsolvent," was re
sumed Yesterday In United states Circuit Court be-
fore Judge Benedict Mr. Stevenson the former Presi
dent who was recalled the cross-examinaton, tes-
titled substantially as follows:
The loans OF the Ocean National Bank to Calendar
what would ca accommodation loans; that l.;
he expected they would he paid IN day or Two, anu
placed to the loan account and were counted as legal
tenders; such "A proceeding was irregular i also
counted those checks legal tenders because dld not
want 1t to oppear that the fund had been dinn
Shrd: Calendar had nothing to DO with those checAS
being 80 counted I counted them so OF my own ao-
cord; Calendar told that he had loans IN GER
tain banks which had been called in that he must tdo
up. and that those banks would let him have me
money again in a few days and that is why expected
he would pay the bank in day or two when loaned
@ Do you know what the loans by those banks TO Cal
lcndar were fort
The question was objected to- and the objection sn'
tanned on tho ground that it made no dierence what
they were for.
@. Had the Ocean National Bank any interest in Cal
lendars taking bis loaus in the banks referred to
A. 1t had interest 10 paying OF CdlendaIs loans eh
cept that Of keeping Portage Lake bonds out OF tho mar
ket that their value would not depreciate THAT In
duced some little 10 let Calendar nave the money
at that time Calendar was acting IN the interest o. the
Portage Lake Company. and was Interested IN helping
on his negotiations for that Cosn Dany.
O. when you loaned Calendar the money. was any
thing said about his being bank examiner A. nothing
whatever when he borrowed the money ne sal thso M
negotiation hand for the sale 0i 81 5OOO OF FOR
tage Lake bonds but do not KNOW wbat price Ihey
were he sold tor.
O. When Calendar made the report in question: had
the o can National Bank made gratifying progresst A.
From leG7 till the bank was robbed IN 1862 lts business
incrcased after IL lad recovered from tho effects OF
that robbery its business satisfactorily Increased t te
Chicago fire, when its reserve und suffered severely IL
there tad been no Chicago fire, tank that harmony
and earnest work WOud have made the DaDk sdeccss
as Calendar said in MS report.
ExJudge Fullerton said that that was very good
place close the crossexamnatiOn, and Mr. Prdy took
mp the redirect examination which only repet-
ton of the direct examination on Monday with the
ception that 1t showed that tho banS had lost about
$4,000 by its transactions with Calendar. ami also with
the exception that when the report made the bank
could have paid off all OF its liabilities to its depostors,
b that it could not have paid Its stockholders over 50
cents the dollar.
JS. Langworhv, Deputy Controller OF the Currency,
tesuied that in 1861 and 1868 Calendar made report TO
the Controller OF Currency OF the condition Of the
Ocean National Bank that he could have made a
report OF the condition Of that bank In 1871 because no
report file iU the Treasury Department. aud
that 1t il the duty OF bank examiner TO make an exam
inaton OF all tine banks In his district at least once
year, aud many times more he may deem expedi-
ont. The crosseXamlOaton developed nothing new ex-
cept that special IL is not the practice OF tho
Controller of the Currency direct bank examiners 10
examine banks in their respective districts. the law
prcsumlDg that the examiners viii perform their duties
without special instructions.
b. 4. Brundage testified 10 substance: In October:
1871 | was lho Cashier OF the Union square National
Bank; Calendars check at that time ON that BANK Tor
$40 900 was not good, ne having no funds in It..
blr. Purdy here offered to prove that Calendar had
acceped Under the guse Of loan. bribe of $4,000
from the Union Square National Bank aud ex-Judgo
FuIertun objected, on the ground that Calendar was
not on trial for receiving brIbe from that bank. Mr.
Pufdy insisted that. for the purpose of showing the
geaeral guilty intent and practices OF Gale ndsr In re-
ceyIng Drbes tho evidence admissible especially
when 1t was fact that he mad accepted Oribe from
eyory National bank in this city wnieh had failed'
After "A long discussion. In which eX-JudSe Fullerton
claimed that Mr. Pnrdy's proposition was contrary to
well established rules OF evidence, Judge Benedict re-
ser we'd his decision aud adjourned Court I'll today. Ia
his reply TO Judge Fullerton, Mr.. Purdy advanced
the novel theory that III deciding the question ralSed
the side Of the Government than on
the side U accused.