The New York herald., 1876-12-30

received consideration whatever
pee, any paymsn, for such services believing ,hss
Of these mos,gases wo never aekuowsdsed be-
The
seps Mr. Moves and Ourselves Within ,hs sw weeks
il%s interest. IN .hs iisSs Lie Ia.a.sss csnps%y
New au I conn sn
ss'h;i f.v. had :ssd
question unti had had opportunity Of seeing Mr. Noyes
same day or day therea,e asked Mr. xoyes what
% sna ss sns s my s sa w o
and that he still had them IN his safe that could
%s 's s' heard from ' Mscsa.y aS Ss
used lie purpose et sSss.ias the so%suasa is
New The 0ps Mutual L Liz e0psn Win md the be
wns ,s s. ss o & Tn sas as &
the had signed Ior him lie aid
the 'sl not ayhn and I'D
would furnish him some more Securities Se would loan
ms "9 Which ns them had "sa and
s a. % sSa M a G I
sarrsS Last svenn did NOT own any real estate a tue
said. which name. ms possessed e
any real property % all Of when & MT Moves ss snsw 4 tho
above we neither Of owned any real estate
Whatever 'n' state o ssT " THOMPSON
JoHs q. LAMnERsoN. Notary Public, New York county.
DANIEL j. MOVES.
! The above account OF Mr. Thompsons connection
| the HERALD representative discovered from other
sources In every phuse OF the transaction the at
and the only person who knew wnat II was all about
AS stated by Thompson, Noyes chad need OF
mortgages for certain purpose" and It was no who
manipulated the whole thing and then turned the III
gotten and worthless securities over TO tho New Jersey
| Mutual Life.
Mr. Noyes, as before stated, has figured extensively
In the interests of the insurance ring years
He may perhaps, be best remembered by the suit Of
Emma l. Stanly to disbar him from practice which
was brought IN March last and created at the time
little interest Noycs was engaged in the famous
| amagamation Of the Hope with the New Jersey Mu-
lua, and was very influential in bringing about that
| neiarious consummaton Ho was also ono Of
| ton OF the Continental and tho appointment
OF John Anderson receiver. in the interests Of the
officers and stockholders He has long been on very
intimate with the managements OF both the New
Jersey Mutual and Continental and has appeared to
represent their interests very many occasions. He
himself the President Of the World Life
Company and, in TACT, has beenpromnenty connected
with nearly all schemes Tor absorpsions and ANAL
| carnations for some years past
In the transaction revealed above he played tho
leading business and appears TO have used others en-
tirely upon the questionable ground OF 'avor''
4 Among those who most scryc6abe to him
George A. Colin, in whose name the property pur-
assistant secretary OF the Department of Parks. The
HERALD representative caIicd upon him at his office.
No. 80 Union square, and obtained the following ac-
! count OF his connection with the ailar:-
CoFFIS's STATEMENT.
| Mr. Coffin said that he was employed as clerk in
the office OF s. A. D. J. Noyes, between the 18th Of
! May, 1873 and the l5,h Of May. 1874 lie also in
the Office clerk in the months OF August, Sep
tember and October, 1872 Mr. Coffin relates that
some time during tho month OF July August, 1878,
Mr. Noyes told HIM that he would like TO bid of
property in New Jersey in mis- tConns) name. Mr..
| Coffin knew what the property from what he had
heard OF IL while IN the Office, and answered that he
had no objection 10 Moves doing as he wished pro-
vided no should be lett harmless IN the matter. Mr..
Coffin said hc was not positive but that ho himself
attended the Shcrlls sale and bid off the property.
At any rate It was bought in his name, aud within
few days thereafter he conveyed same TO Noyes.
Tho consideration stated IN the deeds merely
to nor received from Noyes any money or
other consideration in connection with the
Of the property or OF its value. and had no
| interest IN knowing. He had understood that Mr.
sey Mutual Lie Insurance Company, Tor which he
attorney, and that he did not wish his tNoyes) name
TO appear Mr.. Cofln said that al Noycs request he
nfterward took some OF the papers to New Brunswick
tor the purpose OF having them recorded. He knew
nothing concerning the value Of them, nor the man
ner In which they were obtained, nor what use was
made OF them. he does recoliect that Moves
spoke to him this subject alter tho deed had been
made to Noyes by himself, excepting when he gave
instructions for placing some OF the papers record
| Mr.. Cofn affirmed that he was ready and willing
any time 10 make AFFIDAVIT 10 the facts above
lated Ho was merely a clerk in Noyes' Office, aud
beyond DOING as he supposed favor 70 his employer.
| hc had interest whatever IN these transactions.
| REAL VALUE AvESEr PROPERTY.
With view Of asccrtaining as nearly possible tho
| valuo OF the land upon which SO much security was
lavishcd the writer called upon number OF gentle
men in Newark, who considered good. judges Of
real estate, and some OF whom owned land at Amboy
sAvenc la situated He received various estimates
from these gentlemen; but mono OF them sup
~oro p"ss than n $4,000 $1,000 'O at the outside oui. Mr.
Miller, Treasurer of the Mutual Bcncft Lfo
Insurance wn1qn AZ oo nG,a ,ne
told tho writer that ho mad full knowledge OF the
properly mentioned He believed, however, that no
had It, and II II good farming land he thought
II might now be worth from $50 TO $l25 per lf
there was clay, good for brcx making, why Mr.
Miller thought the value might be much greater The
Of the property having been divided up build
ing lots WILL however, preclude the idea OF any such
valuable deposits upon It.
The writer also called upon Mr. Warren n. Trussdel
who held tho other mortgage conveyed by Jones To
Meek cr. and by apparent the foreclosure
was brought about Mr irussdcI is regarded in New
excellent judge Of the value OF property in
that portion Of the state Ho SAID that whom he took
tho mortgage mentioned be presumed the property
worth the $4,000 secured in that paper
and the $4,000 CLAIM then held by the
very fuctuating and any poor investment seemed
likely to prove profitable. Ho never saw the property
but tines and he remarked 10 the writer
that tmc ho thought he was going to be badly
beaten the speculation Hc thought that the prop
ry WHEN informed Tos .Da, there we're ' worth Of
mortgages on the property he sa'd, wei, I'm sorry
for those who hold them"
WHAT II. A. JONES DIDN'T KNOW.
When Mr.. Henry A. Jones was asked by the HERALD
representative for some Information regarding his
former interest In the Avencl property and his
knowledge OF its valu,, he became very much excited,
and declared that he had pressing engagement and
that his recollection OF the matter very bad
best. He asked what amount he paid for the
property; what he sold IL for; what II was
probably worth then now; what his
'nearcst suppositions" In regard TO all these
questions and every instance he replied, hastily
that he realy could not telL' He thought, however,
that Mr. Noycs might be informed on these several
points, and despite his pressing engagement" Of
tered TO 20 with the writer and Introduce him TO that
individual The only intelligent answer thet he made
effect that at time he had believed The
property be very valuable, and that he had paid
a large sum for II. When The writer expressed the
opinion that IL was somewhat singular that he had
been engaged in so important transactions and yet
could give no idea OF the amounts involved the
character OF the land, Mr. Jones replied that II
long time ago that his memory not good, aud
that Eoyes Knew q great deal better than he dd. As
Mr.. Jones hurried away from the Office he said very
sxcitedy, ~ sufferer IN this business, and have
lost good deal"
How HAVE MORTGAGES BEEN usEps
This The por question yet 10 be answered.
They the property OF the New Jersey Mutual