The Portland daily press., 1876-02-12

| neWinS MS paper, and salQ mlgnC leave the
note. That was all. The note was discount
ed and paid.
Cross e1an,ined.-C. A. Weston Co. there
deposited when went into their employ July,
1874, and when left were making all their
deposits there. The first time / carried notes
to be discounted they were not on my deposit
ticket. Never entered notes on my deposit
ticket Don't know why Clements should
look at the deposit check. When 1 went in
the first time Clements was sitting at the table
and had his hat on had his hat on when I
went in afterward, overcoat off. Did not
have on same coat he has on now. Can get
the date in March. am positive Clements
said "You may leave the note" He did not
say he knew Knights. I never saw him in
terfering with the business of the bank at
any other time. I spok of this at the store /;
also at store of F. E. Lowell. was out of
the employ of G. A. Weston & Co. when l
spoke of this to Lowell.
Edacard s.. Hanalen. reside in Portland !;
am member of the firm of F. A. Hamlen &
Son, cooperage stock, &c. My firm was de-
positor in the bank of Portland; began in
November, 1874, continued to do business
there till the failure. Our deposits was 3d.
1862 at the time of failure. Before becom-
ing customers to the bank l had converse
ton with MIR. Clements; can't give the date.
1t might have been week before 1 began to
deposit that had this conversation. I met
him on Exchange street. told him I thought
OF changing my bank. He said eve should
like to have. you come in there;' said he
would use us as well as he could, and gave
us the names of G. M. Rice and Dean Broth
ers, and Sise Nevins, depositors, for refer
ence. l did not 60 to any of them because
thought could trust my money where Mr.
| Clements did his. He said every thing should
be satisfactory; the paper should be dis
counted at $40 per cent and if every thing
was not satisfactory we were to let
him know. 1 have stated all remem-
Der of the conversation. In three
or four days, or a week, or sooner, we
become depositors. We kept deposit of
from $1400 to $4,000. Our average balance
was $4,000 or $4,000 and have had there $l4,-
900; have had notes discounted there; most
of our deposits were notes discounted. I
was there sometimes two or three times
Woek ana sometimes Sol two or three times
gay. Mr. elements, mostly, was at the bank
wnen went there. nave peen there when
nc was not tnere; ne was sometlmes IN the
small room anu someumes IN the other.
never olo the business with MN, when 1
discounted paper. lie has generally seen it.
| once asked Clements II could be accomr-
oated IN discountng short piece OF paper
as temporary loan from one to tive days.
| lie SAID YES, he thought could, but had
petter see Mr. Goold. saw Goold and he
said, "Yes.'' saw Clements on Cross street,
ne had just come out OF Twitchell & Champ
lalns. elements looked over the reports and
advised about my customers, and said the
| rate book was not always reliable. This was
In december, 1874. At this time MIR. Glenn
ents was IN tne small room. When 1 went
lh1o ene Dank tney sometlnes asked me TO
Cid aud NV, e siu oo AZ. mo soneeneS NIL
Uoolo ana someone's Mr.: Clements.
CroSSEGGn'anota0n.- had not RusselPs
reference book at our store went
in there to satisfy myself about
| the paper should take. When Mr.. Clements
and looked At etbe book +ooetbor bod w
-. - " - 10. 80 .oS1'nei' nou no
no'es WIN .ie iol uiscount-! considered II
was 1or MS ln!ormatlon as well as mine.
| did not tell him that it was. have been
| hard of hearing from infancy. When 7 saw
| Clements ON the street he did not oct yerv
| near me in talkino. II uas no. rooassor,,
Iii br;ro IN NV Sboo,, "aS .os hI.
| WIN D[ing IN my checks Oh the pank OF FORT
| lano. MIR. Elements never told me that he was
| partner. We only passed on Cross street and
were together only few minutes. I can't
| recollect whether 1 could hear that day better
| than -day. On Cross street Mr.. Clements
| cold T oould have +bo ohort -, ~.
I@iU 'o"AI Ine si0i1 ,oah Du1
| hau pet'er see uoolo' we
| talked ABOUT nothlng else there.
read IN the newspapers about the creditors
| meetings. I was at a meeting of creditors
| in Winship's Office. and at City Hall. I can't
fix the dav when T first told these CONVERSE
+;ors TIoJ oor-,orso*;o., ~ C1a.e.
s.o9 Ga1I " ta.t o"@un WIZ oienienls
anu oooiG losetner ABOUT the change IN the
ratings. received no interest on my depos-
it, nor was to have any.
At this point the Court adjourned until 8
p,m,
Ea,,ou5 rra,,,o,, no.au,a :: A..
ban and asked a about 10 WAS 10 sne
~ az oonts oa, lily 81 .le oneGAs YOU Gan
az 20 oen's On .ne uonar' ana sara arm tnat
onts noddod his heod hnt did w. anu Seni-
SaT ~ INC aftar w., u nUI SpeA.
Ha said "anes has been fru;1a VIII =. snd U.S.
their condit;nn He dont W onuih; Ou1
When be nJs ort anvthin fr"n, NO "Iy n Ii
know Il, Tonas 10 thn Pnrtiand DO oaont WI az
Rnssell H. : e' 40 'n0 A'"Nu "s0n' u
Ts,oaa o,.ox,,xoz rh;o
~ after the dsrating of GooId, I was notified
of this by j. Fl. Hamlen. This conversation
with Clements was in the side office. NV BUSH
ness with Clements that day was to find out
why the bank was disrated. think Clements
said, 'sWe are all right" I am pretty positive
he said "we." Ihave not recalled this CONVEX
sation till to day. I named it to Mr.. Butler To-
day. and once before since petition in bank
ruptcy was filed. I Communicated none of
| these facts to the Committee of Creditors |
understood that that committee was inyesti-
| eating the question of D artnership.
deposit book put in by defendant)
Albion T. Saaoyer-I reside in Portland; am
| in the produce business. In 1874 was a mem
| Der of the firm of Sawyer & Tufts That firm
was depositor at the Bank of Portland in
| 1874, and continued till the failure. Then our
| balance was $413.01. About week before the
| bank suspended saw Clements at the door,
| talking with somebody. I asked him to come
| in. He did so. asked him if he was inter-
ested in the Bank of Portland? He said shat
he had more money there than any other man."
He said "the bank was all right" We had
not been depositing there much after the dis
rating. 'sThat it was all right. Mr.. Goold
had not been into any speculation to lose any,
thing, and was an honest man, and that we
should be safe; that he had access to the books
at any time he chose" Don't know as he said
how often be looked at the books. This was
April %, 1875. The next day 1 deposited
$4O8S1. May 3, rs, Mr.. Tufts made deposit
of 5000.
Cross.eYou;ned- ia the same conversa-
tion at which Mr.. Tnfts was present Denos;t
hook nroduced and mt in f0''
Beni r Wi1lord~Resde in Portland
have been accustomed to denosit in the Mer-
| chants National Rank had a conversation
with Mr. Clements can't recoIlect ali the
| conversation. think. If T recollect riohr that