The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1875-11-19
BANK OF PORTLAND.
Examination Of Moses b. Clement.

The examination vas continued yesterday
afternoon before Register Fessenden.
Deponent wishes to amend bis answer t.
question AZ by saying that he now remember
having asked B. j. Willard to deposit in tn;
bank, and that he may have asked one or tw'
other personal friends to do So This was dur
ing the first three months after he commenced
depositing there. 1 wish to say further that il
one or two cases Good asked me some question
as to the credit of men whom knew. d.
not remember that he did so more than twice
Off the Everett bank at that time required
more margin did it not occur to you that yor
ought to have some security for the large
sum amounting to between thirty and forty
thousand dollars which you had put in sale
bank?
A.-No more than it had before. l had
confidence in Goods honesty. He said he
was disc0unting more paper.
Q-Were you aware Of the trouble in Goold's
affairs in the month of February, A. D. 1875
customers then as TO his liabilities?
Al was aware that the report that was
not partner had caused uneasiress, and that
he told me that a number of his customers,
after his representing to them his situation of
ferred to lend him money If he needed it. He
Sdlu us uepOSltS udu O66u larger udy tuau
anV day tor a long time.
Estate whether or not at that time one OF
more of The customers OF the bank came to you
to inquire as to the solvency of the bank?
A Il think some might have done so, but
do not remember who they were.
edge of Goo DIS affairs and the business of the
bank, did you considerit safe to let so large a
sum remain for so long time in Goods hands
without security?
Al mad the utmost confidence in his hon.
esty, and had heard of no losses and felt safe.
knowledge of Goods affairs and your presence
in the bank, having access to its books, observ-
ing the business of the bank, why did it take so
long, as from December, 1873, to thu lat Of
January, 1875, to decide whether or not yOu
should go into partnership with Goold?
A.-Dnring that time 1 had two or three
propositions to go into business which 1 did
not accept, but was looking for something all
the time.
Q.-After you decided in the latter part of
Jsnuary 1875, not to go into partnership, did
you continue to occupy the room connected
with the banking room down to the time the
bank stopped?
Al did not. 1 left there few days after
the death of Capt. Churchill in March.
Q.-While in the occupation of that room
did you pay any rent Or compensation for the
use of it?
A.-No. was invited to occupy it by Mr..
Goold, but did not begin to do so till about a
month after commencing my deposits.
Q-You have said that Good first informed
you of his failure on NJ. y 4th. What time of
the day was it and where?
A-About nine o'clock in the morning, at
the bank.
Q.-Was there any conversation there and
then about the partnership?
Q-Did you go with him from there to Win
ships Office?
A-No.
Q-When did you first see him at Winship' s
office?
Al think It was that afternoon.
Q.-Was thai the time you had the converse.
ton with Winship referred to in your answer
to interrogat0ry %?
Att was not.
Q.-Was the subject of partnership alluded
to at your first interview with Good at VIM
sh p's Office that afternoon?
A-No.
Q-when and where was the subject of
partnership first broached between yourself
and Goold after the failure?
Adjoining was said about it except at the
time referred to in my answer to interrogatory
2e
Estate particularly all that was said at
that time.
.A.-Nothing more was said than what have
already stated.
Q.-What books do you keep?
Adjoining but memorandum book which
| carry in my pocket.
Q-Have you no cash book, day book or
Journal?
A.-No. My accounts with the firm of E.
Churchill & Co. are kept on the firm books.
Q-Is there any hing on these books that
has any connection with the Goold matter?
A-No
Q-Have you no other books than a memo
rapdum book?
Al had two or three of them.
Q.-Have you any papers or memoranda in
your possession relating to your business affairs
with Goold or with the Bank of Portland?
Al have small book that has some re-
cords in it, 1t is ole of the memorandum books
already referred to.
Q-Are 500 willing to submit those to the
examination of the assignee? y
Ayes. He can take them and examine
them at his leisure [Deponent here produces
six more checks. being those which appear on
deposit book "B'' in March and April 1875.
Drponent thinks that they were not ret urned
to hum till after the examination of the books
and papers by the committed