The Portland daily press., 1876-02-18
BANK OF PORTL AND.
The Testimony all in Argument
Commemorative Case 10 be Completed
To-day.

partner; is so now virtually. This wall put
the bank in good standing and credit
c. is worth $4,000 to $4,000.
There was report made in November be-
fore this interview in May, with Clements
Think testified before that had no recol-
lection of any conversation with Mr.. Ames,
but do now have some recollection of a
| conversation with him in regard to the rating,
but it must have been subsequent to the sus-
pension of the rating. The communication
then made must have been on the strength Of
letter which I received.
Court-The witness must come squarely to
the question of what he said to Mr.. Ames.
Mr.. Butler-Mr. Ames testifes that you
said you had seen Mr.. Clements. Did you
make any statement to Mr.. Ames that you
had seen Mr.. Clements?
Answer think not.
Question-State what took place between
you and Mr.. Ames?
Court-F you have any recollection of
what took place.
Answer could not give the exact con-
versation. I have recollection that Mr..
Ames spoke to me in regard to Mr.. Clements s
connection with the bank, and my reply was
based upon the letter which had received
at that time.
The Court-Here is Mr.. Amess testimony.
In substance he says,
asked Jones what the trouble was at the
bank of Portland; told him I wanted to
know if it affected Clements. He said, Not
at all; there had been good many inquiries
made of him and he had gone into the bank
to see them about it, and Clements was not a
partner, and never had been; it did net affect
Clements at all. They made the rating as
though Clements was partner, but he had
found out that he was not then. nor had he
been, though he had supposed Clements was
going into the bank as partner. This con-
versation was after the sheet had been sent
in to us.
Did that conversation, or anything of that
kind. take place between you and him.
Answer cannot remember that CONVEX
sation positively; recollect of speaking to
him in regard to Mr.. Clements's connection
with the bank, and answering him that he
was not partner; but as have stated, it
was on the letter which had received.
Court-The question is what your reply
was and not your reason. What did you says
Answer-That he was not partner then.
presumed that he was not a partner. had
no information, from any source other than
that letter. think that he was not partner
before that time.
Cross Examined by Putnam.
Question.-Have you any personal recol-
lection now of what you told Mr.. Ames. or
of what you did not tell him!
Answer cannot quote the conversation.
1 recollect of Mr.. Ames making some talk
with me in regard to Mr.. Clements's connec-
ton with the bank. Think recollect the
substance of what I told him, which was,
that Mr.. Clements was not then partner,
but from his letter I understood he had been.
Question-Did you refer in the CONVERSE
ton to the letter?
Answer would not state that did.
Question-In the conversation did you say
anything about the letter.
Answer do not remember that did.
Question: want the substance of what
you told Mr.. Ames, and not your own reason.
Answer have stated it, as nearly as I
can that Mr.. Clements was not partner.
Question-When on the stand before, did
you recollect that you had told Mr.. Ames
that Mr.. Clements never had been partner
Answer-No, did not recollect it. I am
dealing with great many people In the city,
some days with ten, twenty, or thirty, and
have great many conversations.
At this point Judge Fox called the atten-
ton of counsel to the fact that Mr.. Goold
had not been represented here, and said il
to explain, if he can, the statements and con-
| illusions of the experts, and that he be mott
fed.
Mr.. J. o. Winship, counsel for Mr.. Goold
| said that MI. Goold went out of town Tues
day night to attend his mother, who was
sick, and said he would come in Wednesday
morning if he could; that he had not seen
him since. Mr.. Winship stated that Mr.
Drummond, Goods senior counsel,is in Au-
gusta.
Judge Fox then said that Mr.. Goold must
be aware of the allegations against him, as
they are published in the daily papers. The
judge then said the testimony would here bt
closed.
Mr.. Butler said he would like to Introduce
one more witness, Mr.. H. P. ingalls,.
Mr.. ingalls, testified that he was creditor
of the bank of Portland; had a balance du'
him of $6l7.12 at the time of the suspension
First heard of the stoppage of che bank OF
the 4th day of May. On the 9th had I
conversation with Mr.. Clements OF
Preble street. Clements came into his Of
fee and asked him what he though
of the failure. Witness said he onl,
knew that the bank was closed and asked
Clements if he knew anything in regard to it
He said he was informed that Goold was 60
ing to offer to pay 40 to so cents on the
dollar. Asked him what he thought of that
and he said he thought if he would pay nea
| so cents, it would be best to accept it. o,
asking him why he thought so, he said tina
as general rule he had found in all failure
the first offer was the BEST and creditors go
most out of it by accepting it.
Cross examined. l think the first occasion
of my repeating their conversation, was at on
of our committee meetings or meetings Of tn
creditors. Do not recollect the first time
Told it number of times. MI
| Clements was before the creditor
and committee meetings. Don
recollect particularly in regard to his sayin
anything about taking percentage. Dom
think he urged the committee to TAX
any particular percentage. Don
recollect any subsequent conversation
where he named any special percentage. TIL
committee had Mr.. Clements before them anc
heard his account. Such questions as tn
committee desired were asked him.
The deposition of Mr.. j. S. Crockett wa
c~vI