New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-10-26
THE COURTS.
JAMES WATsoNs ESTATE,

SATISFYING THE JUDGMENT IN FAVOR OF TUE CITY
THE UNITED STATES TRUST ooMPANYs CLAIM
FOR COMMISSIONS.
In the Surrogate's Court yesterday morning
wheeler IL Peckham, counsel for the city In the sut
against the Watson applied to Surrogate
utchlngs order turning over to the CITY Treas
ury the moneys deposited in the United States Trust
Company 20 satisfy the judgment OF $65Ooo0 In favor
OF the city rendered the Supreme Court ON the nnng
OF Murray Hoffman the referee ". A. stewart OF Van
Wrinkle Stewart appeared for the Trust company VINO
claimed q commission OF one per cent on tnc moneys
which they had received. and one per cent on the
amount which thoy will have paid out when this case is
settled.
In June 1873 Surrogate Hu,chings, not being salts
fed with the sncieucy of Mrs wsson's bond, ordered
the moneys Of the estate to be deposited IN the irust
Company The amount deposited was S6sS'l34 90, AZ
nor cent interest There remained securities unsod at
par Of s937S7 -. which were subsequently sI h
Tor the benefit Of the estate. On June 80, isf4 an 'e
seem tiles ad been sold. and the whole amount was on
deposi in cash in The Trust Company Mr. stewart
stated that Company occupied the position OF spcca
trustee, and entitled TO "a commission
MT Peckham claimed that the Trust Company was not
in the position Of trustee that 1T was SIMPLY NE an
mission should be limited the $4,000 of securities
which the Company had actually sold , ....o,,o,
to the withdrawal Of the money to pay the ludgnent
The statement In detail Of toe cash ana e
mcnts made OF the estate OF watson WIN inc
balance deposited in the Trust Company. was pubisheu
ek snpTagss Hntehns viii probably render decision
this morning.
THE OCEAN NATIONAL BANK ROBBERY.
TESTIMONY OF FORMER OFFICERS AND EMPLOYEES
STATEMENTS BY THE PLAINTIFFS COUNSEL
DIRECTIONS OF TIE BANK AZ TIE TIME or. TIKI
ROBBERY. r+t
The trial of the suit of Samuel M. Archer
against the Ocean National Bank TO recover $1,000
the value Of United bonds deposited in that bank
by Mr. Archer, and which were lost when it was robbed
In 1869 through is claimed, the negligence OF some
of it's officers the cOnniyance Of others. was resumed
Yesterday in the United Circuit Court. before
Judge Wallace IL was the intention Ia examine RGtger
Teal who IA MI Norris asserts will be able to connect
Mr. Stevenson, the cashier OF the bank when IL was
robbed. with the robbery. Mr.. Teal, however, was
not In attendance, but an attachment mas Deeh
issued for him. and he will probsbly be on
the stand to-day. At the opening OF the court
Mr. Andrews counsel for the plaintiff stated that d.
r. Martini an exPrcsdent Of the Ocean National Bank,
had been with subpoena requiring hlm 10 pro-
duce the banks books from 500 20 1872 but tha the
books in court Mr.. Davis OF counsel Tor the
defense said that could not be put to the expense OF
carng the books the courtroom Mr.. Andrews then
deposited 500 with the Clerk OF the Court to pay Tor
n, transportation Of books and Judge Wallace gave
an order for their production.
J. d. Martin formerly porter for the Ocean National
Bank was recalled and examined at considerable length
Oh the dircct" but the only matter ELECTED was to
the effect that the doors the vaults of the bank were
repaired Spring Of 1868 that TO the time OF the
robbery they were difficult open; that IL the duty
of two Young by OF Dunn TO lock the outer
door OF the vaults that Mr. Lyon the teller locked tle
inside door, and that OF the Dunns locked tue second
door.
John s. HartshOrne Of Newark. n j.. was the next
witness several years prior 10 june 1902 ne was
teller and assistant cashier OF the Ostan NdtlOhht
Bank The ledger showing how the business OF the bank
stood on MAY 81, 1868, when IL was changed r0in u
stock to National bank handed 10 Lle witness, ana
he wAs asked to explain from IT the CONDITION OF D. X
Martins individual account that day. Mr. Bangs OBJ
ieeted ON the ground Of mmaterlsity. 81 want 10
show" replied Mr. Norris that Martins account was
oycrdrawn about 100000 at time, and that the
oyerrafts were by false enres: that bo was
NOT III 20 President OF the bauk andthat there were
reasons for certain officers OF the bank wanting IL 10
be robbed" Amor long discussion Judge wal
lace excluded the sOn that y di not teu U"
negligence on the part OF tne banks Others III re-
spect to tue robbery. Other questions OF Ike chdcc
were also excluded and Samuel Nj Archer the pIhilH
took the stand in his behalf MT Archer Is Danaer
al Evansville, Ind lie testified that IN February 1862
III, firm sent ten Fvetweuty United states bonds OF
81 600 each to the Ocean National Bank; that the bonds
were never exchanged for anything Else and hat they
were m The custody bank IL robbed NJ
this point tue Court ado irntd until to-day. -
Acrnrd NJ to tho records OF National Bank,
the following directors when 1t was robbed d.
Randolph MIrUn, Daniel Wagstaf, Albert A. Martin
Henry \. ran, Columbus Stevenson George D. COf'y'