The Portland daily press., 1875-12-09
THE BANK OF PORTLAND.
Examination of William n. Goold.

Examination OF Wllllam NJ GoOld.
The examination was continued at 8 p. M.
yesterday as follows:
Q-How was your capital Of $4,000, with
which you began business, raised?
Alive Thousand of the amount was money
that had accumulated in previous years. Five
thousand of it was raised by mortgage on my
real estate in Deering.
Odd you remit or deposit any part of that
capital in the Everett National Bank at or
about the time you commenced business?
Al do not recollect
Q-Will you please look at the book exhibit
ed to you and state whether or not it is your
journal kept by you at the time you commenc-
ed business?
Alt evidently is.
Q-Will you please look at the first entry on
that journal which reads as follows:
Portland Me-, June "a, 1872
100 Obs '' To Capital, $4,000 90
101 Cash amount in cash placed
as capital here in business I'M
der the name of Bank OF Port
1O2 Everett National Bank, Bos-
ton. Amount deposited as
part of above capital, $4,000 90
the Everett National Bank Eve thousand dol
lars according to said entry?
Al do not recollect, but think that did
not make any special deposit in the Everett at
that date of that amount.
Odd said Everett National Bank render to
you monthly accounts?
A-They did.
Q-Please look at the paper exhibited to you
marked "B." and state whether or not that is
the account rendered you by said Everett Bank
from June "a, 1872, when you commenced bus
mess, to July /, 1872 and whether or not there
is any credit of any $4,000, on that account?
Alt appears to be the account, There is a
credit on this statement of $4,000 under date of
June 28th.
Q-Is or not that credit under the date of
look at the last entry on page Sd of the journal
and state whether or not the entry of said
$5014.1 is not additional to the entry of $4,000,
entered as deposited as part of the capital in
the first instance?
Ain looking at this statement again see
the credit referred to is $501414. 1t appears
from the journal that the entry of $501414 is
additional to the entry of $4,000, entered as de-
posted as part of the capital.
AS the Everett National Bank has not credit
ed this $1,000 of your capital said bank must be
owing your estate that amount if you really
deposited it. How do you explain this?
AIT the time commenced business my
private funds were invested in different secur-
tiles which could not at once realize the cash
on. So made this entry of $1,000 in Boston
fast as realized on my investments, put this
money in the Everett National Bank, in gene
raj account to offset this entry made.
Estate whether or not all the money which
you subsequently, put into the Everett bank
was not credited to you as you put it in?
Al presume it was
Citizen this charge of $4,000, additional, was
not correct charge? And this first entry in
your journal was not a true entry according to
the facts, was it?
time, but it was subsequently covered and off
set by cash placed in the Everett bank at diff
ferent times.
Q-Within what time subsequent to your
commencing business was this cash paid?
Al think within eight months, but do not
recollect exactly the length of time.
Q-Were these sums that you RENTED sub
sequently charged on your books to the Ever
EFT?
Al do not recollect, but think that they
were not.
Q-How came you to enter on your books, in
the first entry thereon, that you had deposited
in the Everett National Bank $1,000, of your
capital when it was not true?
Al had no particular motive. I expected
to make it up in the manner which have
stated.
Q-Please look upon your check for ST., 500
entered June 10Th, 1871, within week after
you commenced business, drawn by you as
check of the Bank of Portland on Everett Ma
uOnal BANK ana palQ, as appears Oy the &C
count which the Everett National Bank rem
dered to you, and herewith exhibited two days
after its date, and state whether you drew said
check and it was paid?
A-This check was evidently drawn by me,
and, presume, credited to the Second Nation
al Bank. presume it was paid.
Ono charge or entry of any kind in refer
ence to said check can be found upon your
books. How do you explain this?
Al shall have to go back and refresh my
memory from my books and papers before
can answer that question.
Q-Under date of July 23d, 1874, upon your
cash book and ledger there is charge to the
Everett National Bank of the large sum of
$33247.0 6 as you can perceive by the two books
exhibited to you. The accounts of the said
Everett bank,,show no credit. of the kind, and
the off GERS Of that bank state that no such sum
was then, or at any time, paid into their bank
to you. Are these entries on your cash book
and ledger true entries according to the fact?
Please explain the matter.
have to refresh.my recollection by reference TO
assignee. I think the entries can be satisfac-
torily explained after examination.
Q-The books and papers are here present
Win you please examine them now ia refer
ence to this entry?
At this point the examination was suspend
ed to give Mr.. Goold an opportunity to exam.
inc the books and papers. The case will be
continued to-day at o'clock.