The Portland daily press., 1875-11-18

Odd said Goold deliver to You, at any
lime in said Winship's office, any bundle OF
package OF papers of any kind?
A.-None, whatever
CAT the first creditors meeting on Nav
18th, where did you say that all the checks
drawn by you on the Bank of Portl md were
Al said nothing about it that remember,
and hing was said to me that remember.
Q.-Turnlng your attention to your alleged
large deposit, as appears by exhibit A. did you
ever receive any interest therefrom?
Q-Was there ever any ever computed or
reckored?
A.-No!
Odd you ever call upon Goold for the pay
ment Of any interest thereon?
A.-NO!
Q-Dd you have any receipt, or any writing
from Goold ayr eng TO pay sou any interest?
A.-No! nothing but his word
Q:-Werc said alleged deposits on bank book
exhibit A, partly in cash and partly in notes
A.-They were. Partly in cash and partly in
notes, which held against other people. He
took off the interest and gave me credit for the
amount Of the notes less the discounts.
notes?
Al see one entry which is marked as dis
counted. II is the entry of June I'd, discount
S971. The entry Of Feb 10th for S11, $50 was
the proceeds OF notes. l cannot tell what 9TH
er credits are the proceeds of notes without
consulting my memorandum book. / will as
certain and inform the Register
Citizen If the discount was deducted from
the notes and the balance credited to you as
you etate, we're you not really paying interest
on that portion of the alleged deposit that was
made up of said notes?
Al did not consider that was.
Q.-Did you not paw the discount?
A.-Yes; my intention vas make it cash ;
to make the deposit so much money.
Q-And in order to make it cash you paid
the discount on the notes. did you nOto
Al lost the discount.
Q.-At the same time that this large sum of
morey lay on deposit as you say, state whether
or not you were borrowing in your business
money from the banks?
Al was not
Q.-Was not paper to large amount with
banzs?
Al Endorsed paper for other parties who
paid me for 1t and took care of it, but not for
my own use.
Q-Was not the Twitchell, Champin g. Co
pager outstanding at the time, and what was
the amount of it in the aggregate?
A-The agreement between them and nv
self was that we should each raise half the
amouot on paper, to be used 10 sugar and
mackerel venture. There was $4,000 in the
Bauk of Portland q this paper, including re-
newaIs. do not recollect how much there was
Of it. Most of it went throu III Goods oauk.
Q.-At or about the time you began to make
the alleged deposit in December, 1873, was
there any talk between Gnold and yourself about
gong into partnership. if SO, what was it?
A.-Tbere was. I was to put iu 500. 900 to
$50, 900. and to have colateraIs wi b the orlvi-
,ege of irving three months or more to see how
liked the business, and to have interest at z
Der cent. GU my money deposited in case did
not like it was to draw my mo ,ey out a. any
time; 10 case staid ard liked the business /
was to have per centag of the profits. The
per Gee tag- was not agreed upon. He requ'r-
$4,000 as an equivalent for his business and
capital | was not willing to give SO much
The question as to the per censage that s
to have VI went in was never sett I'd
Q-Was collateral gwen you, and what Was
A.-Thrr- was. l. consisted pri cipally of
notes taken from his customers 10 bis BUSINESS
and few bonds ! think Their were two 40
q oacoggIn Railroad bonds; think they we're
$500 each.
Q-Wbere and by whom were these collate
rails kept?
A.-Thev were KEPT by me in my trunk in
Goods vault until L went to Boston, then 1
lett somt notes in the vault outside of my trunk
SO that lie could take them in my absence add
make them GOOD When he made the amouat
good that he took in my absence be complained
that the notes We're coming due and he could
not get at then, and took the Totes out of
my trunk aod eft them in hi. safe 10 the vault,
he agreed G TO make them good whenever re
quested. l was out of town a great deal Of the
time.
Q.-What becam- of the cGllaterals finally,
Including the bonds?
A He gradually used them up I called
his attention to it once or twice when they were
getting low. He spoke 10 me particularly about
the bonds when be ook them, and said he
would make them and the notes good at any
MT nial
the bond. Said that he wanted to borrow it
and would return it at any time.
Q-When did the collateral finally melt
away?
Ain August or September. 1874. 1 was
living out of town 10 August, 1874, and when l
came back they were largely reduced, and were
all gone. l think. by the last of September or
the first of October.
Odd said Goold while you were putting
in this money talk over with you the state and
books?
He did both, and told me about what
per centage the money had made at the expira.
ton of three months
Odd you during the time make the rooms
of the bank your place of business?
Al had the privilege of the small room OF
the bank as my office. 1t opens out of the
bank.
Odd you during the time take any part
in discounting the paper or in deciding whether
it should be taken when presented for discount?
Al did not.
Q.-Wben Goold was out of the bank have
you not received during the time paper for dis
count?
A-No.
.Q.-Were you ever introduced to customers
OF the bank or to any person by Goold as his
partner?
A Il was introduced 20 Mr. Best of West.
brook, as his partner in prospect or as who
might be his partner in future / was never
introduced as his partner.
Q.-When paper was presented by customers
for discount have you in any instance told the
customer that zoe will take il, or ace will try to
take it. using the first person plural?
A.-No
Q-Bave you ever stated to any pc son OF
persons during The time that you were making
these alleged deposits. that you were interested
in business in the bank with Goold, or words
to that effect?
Al have never stated that was interested
10 business with him 1 haveIslated that l hat
money there, and was Interested in its safety.
Q.-While making these alleged deposits did
you solicit persons to become customers and
deposit rs there?
A.-No; 1 do not remember that sole itet
any man to become customer there.
Q.-When was it definitely settled and decid
ed that you should or should not be partner
there?
A-Last January; think it was about the
third week.
oQLDid you then make any settlement with
GOUl02
A.-NO; after he showed me the results oil
the year, told him that there Was no business
for two, but that 1t was good for him; hat
would not withdraw my money to injure him
till found some business where wanted L
use it. He replied that could have it at any
time
Odd you then examine into his affairs
profits and amount of business?
Ale showed me on d piece of paper, hi:
exDensts, profits and the result of the year.
bad then waited two weeks for h,s return from
Boston. ! mean his return from th- Everett
Bank, where be had done business 10 Bus.on
he had figured it out on halt sheet of paper
and brought it in and left it on my desk, for mi
to examine.
Odd you then ask him for any interest OF
your alleged deposits or any note or memoran
dunn therefor?
A Il did not
Odd you at that time or at any time af
forwards require of him any collateral or any
security?
A Il did not them spoke to him once at
forwards, perhaps the mex Feb 'uary. He sale
hat be- was using good many notes at tb'
| Everett inst then; that thew required largeal
margin of him than they had befor-, and woul'
make it good soon. have forgotten the exac
| words.