, 1877-06-27

samc limo ono Of tho S10 900 notes, bald BY tho
ilstktn,et County National Rtnk ot NGW YORK. York,
mortgage. The juer.oe.da company's !olices!
The eonesi!, ot Il. dcspet.is eond!ion. Afsf con.
Sutation ii WAS deiesmncl To sell ont The concern
for the bet ptee po',sble sn apply the pIoe;cdMs a.
lung. ~ It would thus trinR tnoFa than u sold IN
lols. Oct, 20 oliver ". Nixon. WIN for alx daya
ran pa"yina ciatisi n,orisaac, .o al the property of
ss'eh s.d Sten preyIoa,; di:eo:sa q r. jsiss
ssn q monsy Y. atts1 us'a shsn and thsis
Nixon Kept f"f hIEsslt n payment Of tho SO. 9oo
as SoJ oS l. tSs sssi
II lhis autn was sppled to Tho payment of Its H.
debtcdncss. This cleaned out tLo Inter. 0c<on en-.
Ss sfo1e:.ii VI Iwiea Ss' sse nj spesneSi.
RIA AnswER or rIiH "lsrfRocsAH" pUn-
LisH1Na COMPANY
tle answer w oS the Ieisr. W 0rtan n Gomrany. n n.y. and
denies that there .sea anything Of a fraudulent
color In The organization 1trecounts the purchase
a onss IP'SRs5 G cony IL ,.eas sa
wlth 2 " N.o M rsse h',n nrt sa,h snd pstt In
pnny by consent Of said Company. held and taken
ri lister; 5stas iaG5||sh!ng compsnyt, !, ana .5.t
Of sale .foresaid delivered ths proretty sold TO
with tis certain BIZ! q .asc bcarlng aate ot that
day." Tho t-D. Publishing Company dlFcluins
any fraudulent Intent IN tho Nlmliar,ty of nanies
IN THE ANSWER OF r. W. PALMER,
b. t + 1s ,s ss ssnts
$500, 00o but he docs not know who sab'eriled
~! h 4 for se sh.rss
Company. lle alte eays he does not know whether
or not the complainant -fawcett. entered Into
contract with Tug Inter; oetas COMPANY Whereby
eon.e9s'on M1. raj o IT, ~ pei annm; iat he
u'almur1 was not present when any such contract
a 1na that M ~ S has ts ID
large1 sum was Inherited In any such contract
further .wears .at he ist Seenine stoeshoider n
The inter- oscsn @ 1 GS1%pamy !" Mafs NJ is rlen he
that shortly afterwards be sold sixty aAAFcs for
sg QUO, leaving him In posscsslon Of ST., 900
worth Of stock; That from the day he bought IN
as oeeapsd &c oson Of
Ilo says that since tho inter. Ocean Company quit
business, it, stock haa become valuclees; and
b. bm Il sa eoo.ny .. ss
.s!d, ,ow; Tho sm ct s4aooo; being his snto
sation and work Of Tho Inter. Uetan Company. d.
MES thh. l'e was patty 70 the contrnct Tith Few.
1876. IN The 10Th Of that month the aalr.unnt
called npon Fawcctts lawyers and stated 10 them
cour.s Of to convoftation u slated that tho Is,r.
its condition would he In much better shape in
Publishing Company, which had been on hand
about q week, Ia next detailed, as nrc also thu
q @ s Ss4, md ns the sg
Snaei sss ss ~ sss.ts! %o,ixsss, tlo rafshs.ss
appliance or ESQ, 600 10 tic cxtinguisi19 Of cor
iain b0udcd indebtedness Of lhe Inter. grtdn Com
pany. On ths 1T Day of October, 1879, there se.
Xiv !. 1s75' wsrs Sid: old: had Increased 10
ST. n1s so:a C ss s<f s
l wss nj psid IN io ena va. unp.a Il .ds d.ts q
loliers, on lay j, 1870, weta: J. !. sfamn,on,
IA; 5 IA ';'si :so ass 3:S: Ss|s
g. g. s,es tss s.as t Vi Il Il oope. '1 o &sn II E:s
Tse$p.e Fisy 3; HUI. Il c'Tse'sss ss.q@;p ss j. ,ee;
worth, l6; y. ?: Nixon u: ~ a. be1t ot
70 b seia iot tho relief q the comp.ny; liz
further states ihat sars IN tho Assoe,s.ed rr.s:
The officers and Stockholders Of the inter. Ocean
ss'rs ss U e. oT9say esys 2: e. 1t ~ ssa ,S.
rtocEholdefs, j. <. scamlnon, Maria S. scam.
". r. Nixon, G. A. Pierce, W. Kennedy. X. u.
Roberts trfnstee). !. Wharton: A. u. Mccker, p.
II: Mason; j.. @ swsnk' & q; "; Nixon, , y. r. Y: MI,
(Truateo). CJrus Elder.
All The defendants IN thelr answers denT that In
tho SELECTION OF the name OF tho lnttr-Octdn Pub
ccive by rcason Of tue similarity Of tho name to
that of tho IHtsr. OCEAN Company; and yet no
similar nru tho names that III two p'aCrs III their
various answers, tho defendants thsinselyes hAvd
Inadvertently made ,*o Of the nanc oF tho one for
the other. i y also denied b. a'l tho snr!ouA
Publishing Company was made with any reference
10 tnkng possession Of the Inter Uc<aa per
and the business 0f tho Inter Ocean CnmpAny, and
yet theirs ID tho fnct that this mortgage and nutu
wns u,ado 10 wait nearly one month. VIZ: frpnI
Sept. 81 10 Oct 20. natil the very day that The
inter. Octan Publishing Company was fully ufean'
lied before tho sale was Hlnda.