The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-05-20
BUSINESS In TIE OTHER COURTS
UNITED STATES CIRCUIT COURT
A Decree I'm NEUTRALITY-SUSPICIOUS. OF
Petitions.


A Decree I'm Bankruptcy-Amendm of
Petitions.
Yesterday Judge Batchford gave decree In the
case Of VIM. N. Stone. as assignee of Henry Weiss,
bankrupt, against Joseph Blum and Adolph
Prochawrich. This was a suit in equity arising
under sections IS and 80 OF the Bankrupt law, for
the recovery OF about $40, o0O the value OF certain
property alleged to have been received by the de-
PENDANTS from the bankrupt by way OF preference
Weiss had been doing business in Galveston,
Texas, up to November, 1867, and was then owing
delivered, which, It appears, he failed TO pay,
but instead turned out goods from
cash IN satisfaction OF their DEBT. At the time OF
this disposition OF the goods Weiss was owing
unpaid. subsequently, Weiss was declared
bankrupt on the petition OF Eldridge, Durham
Co., OF this city, and the plaintiff here, who was
suit TO recover back the property. The defend
ants in addition other matters in their defence,
by way OF answer raised the que ston OF the valid
tty OF the bankruptcy proceedings in Texas by
reason OF the amendment OF the creditors petit
proceedings and his right to bring the suit. Yes
terday Judge Blatchford gave decree for the
plaintiff Z. A. Selxas Tor plaintiff Martin smith
Tor defendants.
The Trial OF Charles Calender.
The trial OF the case Of Charles Calender was
resumed yesterday before Judge Benedict in the
United States Circuit Court room, Nc. q Chambers
street The indictment against the defendant
charges him with having accepted bribe Of
$4,000 from the ocean National Bank OF this city
to influence his Official action az bank examiner
In regard to the aIairs and condition or that es-
adjustment.
Mr.. william Fullerton and Mr.. Dudley Field ap-
peared as counsel for tie defence, and Mr.. A. ii.
Purdy, United States Assistant District Attorney
for the government.
It is claimed on the part OF the government that
the bonds upon winch the defendant procured
and had no market value at the time they were
given as such security; That the bank was aware
OF this and that the bonds in question were prln-
cipally bonds OF the Portage Lake and Lake Supe-
ror Railroad and Iron Company, with some OF the
Mr.. Columbus 5. Stephenson, ex-President OF the
Ocean Bank, was cross-examined at considerable
length. lie stated thas Calender mad obtained the
Wild Co., the bank at that time believing THAT
nrm TO be one OF good commercial repute and
standing in the community when ne became
President Of the bank 1t held In its own right
about $4,000 worth OF Portage Lake bonds; when
he took these bonds 1t his impression aud
belief that Calendars security was good Reply
ing to question as to what he meant when he
said that ne would not have loaned the money to
Calender II pc had not been bank examiner, Wit
ness stated That Calender was bank examiner,
who knew all about the afalrs Of the bank and all
Canal Railroad and Iron Company; knowing all
about the o., bank as 49,, Calender did, ), he
the money, but he did not loan it
him In the hope OF influencing bis Official action.
witness went on further to state that he had no
dread OF the bank examiner, as he was regularly
In communication With the Comptroller OF the Cur
rency on the affairs and condition OF the bank
and advising him OF what they were doing; that,
In point OF fact the bank was lnsolvent when IL
was cnangea from q State to q national bank that
u took him probably year 10 ascertain this; that
William NJ. Tweed was one OF the directors but did
not accept the honor OF meeting with the other
members OF the Board OF Directors.
The witness stated, In reply to counsel for the
government, that at the time the Ocean Bank
Jailed be owed 1t money which was yet unpaid.
He did not know exactly how mucn he owed it,
but he did not bother much about the matter as
he never would be able 10 pay this money.
The further hearing Of the case was adjourned
until this morning.