The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1876-02-17

$342, $50 40
1t will be seen by the above schedule that the
sum of 1871 1867 had been distracted from the
resources of the bank previous to September 1,
1874, to which sum, as appeared in the examina-
tion, should be added about $13, 900 for proceeds
received from notes not accounted for, making
in all about 1914, 900. That $39, 1858 81 bad been
replaced, to which should be added proceeds of
note credited by Everett Bank on July 2, 1874,
about $4,000 in all, say $45 OOO leaving with
drawal or abstraction from the funds of the
bank of about $4,000 up to Sept. 1. 1874, and
about $13, 900 between that date and the time
of failure.
The case of the Bank of Portland was re-
sumed in the United States District Court be-
fore Judge Fox yesterday morning.
William Edward Gould, cashier of the First
National Bank, testified that he was one of the
committee appointed to examine the accounts
of the Bank of Portland in May, 1875; that the
proprietor of that bank stated to witness that
he would find the deposit accounts mainly cor
rect, but that the Boston and New York banks
would be found to be incorrect. Witness testi-
fed that he made careful examination of the
books and found they were all mixed up. He
next testified concerning the large deposit of
Moses B. Clements. He said Goold stated that
the item of $4,000 was a deposit item for which
he had paid no interest or commission, or in
any way reimbursed Clements, and that the
whole amount was actually due Clements at
that time. He next testified as to what Goold
said concerning the alleged partnership. In
the fall of 1874 witness urged Goold to adver-
tise that Clements was partner, to which he
replied he would not advertise because Glenn
ents was then endorsing paper outside of his
business and he would have no partner mixed
up with outside business. In regard to the
$4,000 and more, the cash item in July, 1876,
he said it did not consist of remittances or
bankable matter. but of sundry items which
had been accommodating in his cash, in his draw
er, for good while, and to get them out of the
way he charged them to the Everett Bank.
George Humphrey of Portland, was called
out of order by the petitioner, and examined
by Mr.. Butler. He testified that he was for
merly connected with the custom house here.
Had been acquainted with Clements ten years;
met Clements in the streets Of Portland be-
tween Feb. 10 and April 1, 1875; think in Feb
ruary; asked Clements if he was in the import
ing business now; he said he was not; asked
what business he was in: said in the banking
business; asked what bank; answered, in a
private bank. That was about all the CONVEX
sation.
Edward P. Mayo, reporter for Portland Daily
PRESS, called by the petitioner, testified that
he asked Mr.. Clements what was meant by the
Bank of Portland being disrated. He said that
Mr. T. Frank Jones called to see him (Clem-
ents); he would not tell Jones about the stand.
ing of the bank, and Jones changed the rating
upon that, but he assured witness it was all
right, that he had 5000 ia there and that the
bank was sound. Witness asked him how he
knew that. He said. he had an interest in
| there, as much as any one. Witness asked
him how much he had. He said $4,000. Wit.
ness told him there were some people about
town that had an interest in the bank and wish.
ed to know about it. He said, ~ have got as
much interest as any one, and L tell you it is
sound" Witness thought nothing was said
about deposits.
Cross examined By Putnana-Could not tell
whether Clements said that he had an interest
there, as much as any one, or as much of an in
terest as any one; couldn't tell as to the form
of expression; Clements knew witness was a
newspaper reporter; at his request published
no report of the conversation.
Letters were read from George E. Carr, cash
| Ter of the Everett National Bank, showing thai
| Goold was overdrawing his account largely dur
| ing the year 1S73-from November, 1872, t.
| Sept. Is, 1873 An account of the Everett
Bank was read, showing that the receipt o
notes from Goold on which they charged II PEI
cent. discount, and which did not appear on hi
| books.
Melville A. Patten was recalled, and furthe
testified as to transactions between the BanI
OF Portland and Everett National Bank Mr.
Goods letter book contained copies of letter.
giving notice of money sent, in part only. The
moneys transferred by telegraph did not gener
ally appear on the letter book.
Franklin j. Rollins, examined by Mr.. Put
nam, said he had looked over the contents O
miscellaneous papers of W. N. Goold, contain
ed 10 al envelope, and found them substantial
| " the same as when he examined them before
They appear to be bills paid and memorandum
of money paid out The bills of his privat
account were mixed up with moneys paid on
on account of the bank. Sometimes the sam
bills contained charges which must have bee
on his personal account. mingled with those o
account of the bank For instance the bill {
Bailey & Noyes contains items of books tina
went to Goods house and also stationery IL
the bank. Found nothing in the books to in
dictate that Goold kept the bank expenses dis
tinct from his personal expenses. Witness n
ceived no explanation from Goold on matter
suggested to him by William e. Goult
as requiring explanation. In fact he avoide
, asking Goold any questions, for fear he Nigh
be put on thu wrong track and lose time in Il