The New York herald., 1876-11-29
DUNCAN, SHERMAN 4 co.
PERTINENT QUESTIONS AND ANSWERS BETWEEN

PERTINENT QUESTIONS AND ANSWERS BETwxxN
EDWARD '. BROWN AND JuDGn sHIPMAN.
Tie examination OF Judge Shipman, assignee OF the
barkrup; drm o. Duncan, Sherman and Co.. was COM
mcnced yesterday afternoon BY Mr. Edward r. Brown,
attorney for T. Graham Ha.ght and other creditors
Hn examination was held In the once OF Register
Ketchrm, which uncoiniortably crowded with
spectators, among tho number being MI William But
Ter Duncan and number OF his friendA
Tho main object OF the examination was
to ind out possible. what disposition bad
beon made .: she $l,soc, 900 stated 10 have been
realized 5y Messra Duncan, Sherman Co just
before their failure. Considerable progress made,
but owing to prior engagement By The Register tho
examination closed Al nvs O'Clock ard adjournmen;
was taken until the 9th Of next month
Mr. Brown commenced the examination BY asking
Judge shpman;-
o Have you produced here the books and papers
and checks called tor N .ae summonsi 4 have
produced all the check books and considerable por
t,on Of the checka
Q Please examine the check book last used BY the
bankrupt and see u you lrd stub Of . check or
checks drawn TO tho order Of Captain Lozic. within
Two weeks before tha failure Of Duncan Sherman &
Co TO the Rcgsier--Thc object o. this question 10
show where The money from to buy certain
farm In virginia, which Mr. Duncan says his aii-
wife A. No, there s no sucn check here; have a
large number Of checks bu; not the one 10 which you
refer
Q Please state what kind OF chccks you have pro-
duccd, ana state on what banks they drawn A.
. presume ihcy are all on The Bank OF New YORK;
there three Kinds OF chccks-cod checks
exchange checks aud Cashiers cnecks, The cashcrs
checks drawn Duncan sherman & Co. by
themselves and couutcrsigncd py the cashier
. Does the cashiers check book show whom the
checks we're delivered and for what they wore drawns
A. think Is does
Ss-v ihe vrt,uc chcrk
anime the stups OF that book, beginning at the last
check down back to July II. and describe each one
A. The last check IS dated July u. 1875. and is drawn
in favor OF Dcahed Fitch, tor gold exchange SIS O62
this check was drawn but not used tho following
$50 900 for bonds b watts ca 5000, s75 for mer
chandsc W. j. Hoyi Hong Kong, fl2s 56. Delaneld
Fitch sa!75 ana Tor exchange $4,000; July Is Della
1ed Fitch for bonds So 9o2 30; W. Hoyt s. 600.
81. 0sa, soutcim Brothers, sl,5ls IS; Dciaacd
Fitch SSl 500; Kennedy CO.. 81, 9oo Miller Co.
$1,000 The witness also reads lengthy list OF checks
drawn and pad on these dates none OF which, how
ever are subjects o! dispute we're paid outside the
ordinary routine business o' the nrm.
Q. Do these include !he currency checks drawn by
Duncan, sherman 4 Co between tho dates mentioned?
a. No, but small portion,
O. State what other checks there wcre' A Checks
on account Of exchanges on the Bank Of New York.
q Havc you the stubs OF the check book used by
Mr. William Butler Duncan TOR his private accountS
A. was no. aware that such an account existed
q. Does the check stub for account OF exchanges
the Bank OF New YORK show to whom tho money
paid A. They do
Then those checks were drawn TO the order OF tho
bank or us cashicrf A. No; wish to state that
there arc also currency checks drawn iavor OF
tho cashier OF Duncan, Sherman Co. 10 furnish him
with current funds
@ Can you tell IN whose handwriting the checks arc
drawnf A. have not all tho checks here. bu, think
they we're all IN tho handwriting OF members Of tho
frm.
Q In whose handwriting was the stubs A That
cannot tell
Q Have you any acceptanccs drawn by Alexander
Burgess between july 10, 1875 and July q OF that
year, any books containing any record OF such trans
hat sttn,t . \,
opportunity to cxamn the books
O. viii you be able to find out? A. l presume
shall II there are any such accopanccs or records in
existence.
Mt. Brown here asked that the private check book
OF William Butler Duncan should bc produced at the
next examination and II was so ordered
q. Have you any correspondence between Mr.
William Butler Duncan and his fathcrG mean rela-
tive TO he affairs Of the firm. A. have not
q. Have you any correspondence between Mr.
William Butler Duncan and Mr.. George A. Leet? A. l
have nothing OF the kind here; did not expect that
you would wish me TO bring to-day all tho books and
papers that your rcqusition calls for.
8. Do YOU hold Mr.. Duncan's litc TO tho property
on Staten Island. now owned, or formerly owned by
him a. am not | hold some titles, but I
cannot tell exactly what they are until have an op.
portunity to examine the iist.
q. Please state who has paid you tho rent for this
Cameron has paid ront Tor OF It. There are
also other tenants who have paid me money but
cannot recall their names at present
q. Has Mr.. Duncan or any members Of his family
occupied any OF the property this summer? A. Not
that | am aware Of
q. Have they paid you any rent for any property
either in this city Staten Island? A. am not
aware that either Mr. Duncan or any member OF his
family have occupied any property this summer
which formerly belonged 10 the firm OF Duncan Shcr-
man 4 Co.
@. Have you now, did you have at any t,mc the
title to the property ut the corner OF Washington
square and Filth avenue? A. That title is in my
possession have held it ever since tho failure OF the
tirm.
@ You have possession also Of the property A..
have.
O. Did You enter into possession directly you got tho
title? A. My impression Is that did; think on tho
same day.
O. Had Mr. Duncan's family moved out then2 A. /
don't rccollect the precise day Mr. Duncan the
premises; in fact, OF my own knowledge don't know
that he ever occupied thcm
Adjourned.