New-York tribune., 1875-03-06

AN ANSWER TO B. F. ALIENS CHARGES
MEssRs. STEPHENS AND BLENNERuAssErT REPLY TO
THE ACCUSATIONS MADE BILL OF COM
PLANT RECENTLY FILED-THEIR EXPLANATION
OF THEIR RELATIONS WITH MR.. ALLEN.
William A. Stephens and Herman BleDner-
hassatt prepared answer to the charges made
in bill of complaint In an action begun by b. f. Alen'
The action brought by b. F. Allen Is against Stephens
and Bennerhas sett. the American Exchange National
Bank, and others. Extracts from tho complaint were
published in The TRIBUNE of Thursday Following are
the most essential portions of the answer OF Mossrs
stephens and Blenaerhassett:
We assert that the publication Of this bin was actu
atcd by malice AM with the intent 10 destroy our
credit "a bankers Every allegation of contained
therein is not only false but readily be proven to
be false by Mr. Aileas own written statements IN our
possession.
The books of Allen Stephens & Co. have been kept in
perfect order. have been balanced every SIX months
Mr. Allen mas been duly advised the results and has
nearly time Acknowledged the same by letter He
has never once asked Tor statement or Inc BOOKS mas
the firms money own, or Tor hrm or individual
account. We never bought mine or part or or
else. To end this Mono story 1t may be well
for US TO tell or we shall have second edition OF inc
Mine was put INTO our hands as security Having
assisted in the negotiation and being parties to oan
by the acvce and approval OF said Allen for certain
parties Interested in sad mne we're to receive our
commission bonus by some interest In said property
We never purchased into said property or paid any
for said interest and we have not vet receyed
the said bOaus Because the deed maie to our Mr
Stephens as trustee rumOred that Allen, stephens
& co had purchased the mine and Mr. Allen knowing
well all The facts, sometime since most energetic
In denying such purchase. all which Con be fuy proved
by his former statements
Under assurances Solemnly madc we have advanced
the Cook County National Bank large amount OF
money. Having taken 10 see that properly
secured and having insisted that said Allen should
mortgage his real estate before we would make uD-
covered advances TO SAID Cook County National Bank
we made the target for his malice. His aim Is
TO lead people believe that neither he nor the Cook
County Bank but sum OF 100000 Is too large
to be hidden. aud for that glad to say we
have the fullest security.
We have found ourselves the possessors OF papers
hypOhecated with MS by said Allen for the Cook
County National Bank. and found the collateral for
same hy pothecaei elsewhere; wo have had securities
sent To raise money on. which were collateral to
notes hypOh hecated elsewhere; money has been OBJ
taued Of bills receivable representations that
have proven false; have been constantly and per-
slstently deceived as to the condition OF the Cook
County National Bank and said Alien. As long as the
bank continued business these things could be hidden,
but when the bank failed many Things became appar-
from the investigation Of partes concerned.
We have never been pIties these frauds.
The statements and illusions to the American Ex-
change National BanK. the Dry Good Bank, anl the
Continental National Bank u thing irregular in
their dealings with us are wholly false.