The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-07
Further Efforts 10 Get al the Bottom Facts Of
the Black Friday Gold Corner.
SCIIEMERS IN THE DARK.
Interesting to Drinkers OF
Champagne.
A LAWYER AND HIS FEES
The Industrial Exhibition Company Again
in the Courts.

After several days respite, made compulsory through
the temporary illness of Mr.. Shearman OF counsel Tor
Jay Could the trial OF tho suit brought by De Witt c.
Taylor against Mr. Gould others for damages grow
ing out OF stock transactions Black Friday was
sumcd yesterday before Judge Barrett The jury were
in their seats promptly ut eleven o'clock Upon the
opening OF the Court the various counsel had consul
iaon with the Judge touching the expcdcncy OF al.
ourning court account OF the death OF Surrogate
Van Setback, but it was decided proceed owing to
the pressing business dcvoving upon Judge Barrett
who is assigned to hold Supreme Court Chambers for
this month.
Henry NJ Benedict, Prcsiden. Of the Gold Exchange
Bank, was the first witness called. He testified as 10
the formation OF the bank and its functions He
stated that in September, 1869, he knew Jay Could
also Smith, Gould, Martin n Co; he dealt with the
Exchange; on Black Friday he went to Hcaths Office;
he saw Fisk and Gould and SAID 10 them us this your
settling day ~ FISK said, ..Yes, settle to-day
said tho bank will not clear you; he said, 81 come
down TO do business in my and can do yours.
there will be no troube;h replied that he thought
there would be trouble; they seated near each
othcr no other person was IN the room; when he adj
dressed them he looked al both; the faces were both
toward him. and he thought they both paid attention 10
him. he saw Mr. smith later IN the day Counsel here
showed the Judge and jury diagram OF the Office and
He met Smith in one OF the passages; asked him II
he would have difficulty IN the settlements oil the day.
he SAID, You can have al the gold you want and there
will difficulty - told him he must be on Tune,
there woud be great confuson; said he out with
Fisk at that time aud would 20 and talk with Gould;
he went back to the private and called Gould into
bhe hall and consulted came back aud said TO me, 1T
will be all right, you can have all the gold you want;
they knew the President OF the bank; alter that
Saturday night IN private oicc In the bank build
Ing, he Fisk Gould and Smith; asked Gould To
settle up balance OF $500, 900 renal Anst
them in the bank Mr. Gould nnally agreed 20 set aside
$7j 900 10 meet certain balances IN the accounts thus
settled the Speycrs account was thrown out
Cross examined by Mr.. Bcvch-l am director OF the
bank now us operations were suspended al that time
about two months; on Friday the bank was unable TO
make trial balance OF Thursdays business; nothing
but cash and loan TRANSACTIONS were acrwari settled
by the bank Friday the largest amount OF gold on
hand IN the bank was SIS, ZOO, 0O0
Isaac Ogden, Jr was called TO prove purchases OF
gold for the firm Of smith, Gould Martin on limited
orders, on the Wednesday preceding Black Friday;
Thursday the witness hrm IN the main loaned
out OF the gold they carrying Tor smith. Gould
Martin at y for the day Friday witness was at
Heaths Office by eight o'clock A. Nj. tho first person
who appeared was Henry Smith. who approached from
came busting around and talking very loud; about
half dozen persons. including Q. C. Allen, went in
and out to the inner Office during the day witness did
not 60
q Was there guard at the door?
Mr. Beach objected.
not a public Office as Mr. Beach said, where people
came and went for Information.
Mr. Scwell-No. but kind or sanctum sanctorum
Qaughlcr.l
Witness said he found tho door fastened locked,
and an officer stationed to keep people gold went
up rapidly He also admitted that there no entry
on Heath Coz books 10 his knowledge Black Fri
Martin Co.
The Court here adjourned.