The New York herald., 1876-11-22
DANIEL DREW IN COURT.
PROGRESS OF D. v. WHITES SUIT TO RECOVER
SAL 400 FROM THE VENERABLE FINANcIEE-

PROGRESS OF Q. v. WHITES SUIT TO RECovEH
Sal, 400 FROM THE VENERABLE FISANcIEE-
VALUE or REPUTATION OK WALL STREET.
Tho attention OF the Kings County Supreme Court,
Judge Barnard occupied yesterday In the trial OF
the suit brought by Stephen " White, stock broker,
Of Wall street. TO recover $4l lo0 alleged DO due
by the defendant in the action Dnnel Drew, the ais
tinguishcd and venerable nnanccr. who was present
and IN the enjoyment Of apparent good health After
some testimony had been read by plaintiffs coun-
sci Mr.. whne took tho staud and gave his
testimony In detail in relation 10 his business ransac-
tions with Tho defendant, tho total amount OF the
due bill which Mr. Drcw gave HIM was Sal, 400; wit
ness Mr. Drew occasionally and held COLI
SITUATIONS with him, but such occasions no other
person was present. frequently saw him IN the pres
subjects had purchased Northwestern al Bcnedic, &
Parsons pool rooms; the first stock was bought Feb
ruary or 10, lsl4. On cross-examination witness
said no told Nr. Drew he had purchased North
western, but did not tell him how much
thought, from the check, IL was 1900 shares
upon largo u scale some Others could not say,
without looking over the books, precisely how many
shares were purcased It required over 100 900 shares
o tho stock 10 nave a controlling interest
In the Afternoon Mr.. brow was called TO the witness
stand and gave his narrative Of the transactions bear
ing on the SUIT oi Mr.. White. He Testified US foows:
II did not tell Mr Atkinson that the paper gwen TO
Mr. White was an order for $41, 400; told him that l
wanted the paper lay Tor two or threc days;
put tho privilege Tor the order my pocket don't re-
member having said you have got my privilege; |
wanted tho payment twtess identified the due bill
urawn by Mr. White, which shown him by
counscu. Don't remember having had any con versa
ton with Mr. Atkinson while Mr. White was away
the conversation had was not whIo White out; 1
think White wns there.
q DO you remember the timc of the Rock Island,
when you IN. the stock up 10 1877 A. don', remem-
Der when IL was daughter, IN which tno venerable
nnancicr sharcd); don't remember whilc's coming to
see mo.
q DO you remember what you wanted whiio 10 do
member OF the Governing Commi lee OF tho Stock
Exchange; do you remember MS threatening to tnko
the mater into tho courts A. don't remember
anything about it; do not remember any conversa-
ton al that lime IN regard 10 the action Of the Goycrn
ing Committee at all
Bocock's Office 10 see You? A. / don't remember q
letter ocirg written TO Bocock to TO me; /
remember Bocock writing TO me that he would come
10 see me; believe he cnme; when no came told
him would 20 and sec him, and did so IN three or
four days. don't remember whether asked HIM what
loss IN the Rock Island transaction; did not
say that there had been any joint transaction between
Mr. White and myself In Northwest common stock
did not tell Mr.. Bucuck time between the LIST or
February and May, 1872, that there had been joint
stock Transaction between Mr. White and myself
Ia answer to question as TO whether when man
talks about matter In which witness had no general
interest," did he charge h,s mind with ~" Nr. Drew
replied that ho did not. In transaction oi 1000
shares. involving over half mtlion dollars, witness
said hc would not be likely TO forget
Mr. Whitley. stock broker, Of No. 61 Broadway was
then sworn and testified that his firm purchased stock
Tor Mr. Drew defendant had interest IN the North
western common stock AT that tmc; April 2. 1872
the price OF Northwestern common stock varied from
S4tz to S5A S5la tho highest price reached; re-
ccved no order from Mr. Drew TO receive or sell on
February 10, 1874
Mr. Samuel Bocock, brokor. testified that no had
ccvcd no ordcr either 10 sell or not 10 SELL on Feb
runry 10.
Mr. Kenyon Cox testified that IN 1874 Mr.. Drcw had
asked what hts loss in tho Rock Island stock.
In answer 10 question by counsel 10 the general
reputation OF defendant Tor truth ana vcracity Wall
street. witness, who had formerly been confidential
clerk Tor Mr. brow and Who had been a partner his
since 1870 said that he did not like to say what kis
reputation was. When pressed for an answer, how
ever witness sad his character rather bad Wall
street.
Mr.. p. L. Brownel broker, testified that tho charac-
ter OF defendant on Wall street not good.
Ex-Judsc Fithan vi counsel for defence, satd th at
NO man had good character Wall street He might
60 up and build churches and lease pcws many
no chose, but us soon MS ne entered Wall street hc
lost character The trial will be resumed to-da;.