Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1880-12-02

this mortgage 10 81, 600 in my Judgment
the cash value OF tho farm upon which
that mortgage 10 given is about 81, 900; it
consists of l42 acres in Red Lion hundred.
By MIR. Brd-"rhere IL the $4,000
mortgage spoken of aud "a, 600 ahead
of it."
Gross. OK smiued-Don't know who liyes
on the farm now; there il frame house
aud a frame barn on it, two-story house;
they are comfortable buildings, not extra
nice, not much above the average: could
not tell what the buildings could bs put
up for it adjoins the lands Of Barney
Reybold and John Mccullough part OF il
is high and part il not think James Gray
owns the land now; frequently pass BY it;
there is a hedge along the road; could not
give any correct idea OF the value
| OF the buildiugs part of the house
Is old; II is worth h little over $40 per
| acre, the land IN not unusually productive;
1t IS fair; yielded II fair crop of corn.
/ l was president of this iUsura ace com
pany from January 11th, 1876, until Janu-
airy 18th. 1875 said left because they
moved FROM Delaware City to Whining.
ton, and they could rot pay me money
enough to come 10 Wilmington in the
company; | was ntver requested TO re-
| sign; | did not try to mold on iii January
1878; | am not aole to say when the
company WAS Organizsd: / was appoin I'D
| president On the 18th of January, 1876, |
wss reappointed on the ] lth of January.
| 1877; it moved TO Wllmln ton, | think.
sometime in October 1877; | WAS present
At the reorganization | canuot Tx the
| date; did not resign; [ never r..,uu.d
aud never was asked to resign; | was re-
elected in JaDrary, 1877, for QUE year.
Were you not present in Wilmington
when this company was sold out ~
1T never WAS sold out"
"When 1t WAS transferred then ?"
at never WAS transferred"
~ remained PRECEDENT until they elected
another Que, MIR. Bright. In 1873; I met
Mr. Bright and Others III WIlmlupton ana
We talked over the cons olldation of MIR
Bright's company with this, or of this
company with that, the taking of the
policies from that company and iusuript
them in this, or the t.kIog OF the policies
from this company aud iusuring them in
that, whichever was best"
Did you at that interview tender yonr
resignation ~
Il did not; I never resigned or offered
to resign"
~ understand that Won denv before
rybody that you ever resigned?'
II deny it before all creatIon."
"Was not MIR. BRIGHT eleeted nresidact
at that writippp"
"Mr. Bright was not eleeted at that
meeting president of tn. cnmn,,,y M.
was spoken of at that msetip, In h., ny
successor. During the time was nrAsi-
dent did not pprticipaie in anv fraudp-
lent act nor was the COMPANY fraud AN
far al | know"
Charles G.. Ash. sworn-Hays resided
10 Delaware City for nbout Al wars. a.,
not know that [ ever saw NV naYne NO ono
of the incorporators of the Delaware stats
Fire and Marine Insurance Comnany
never WAS asked nv any ons In h..co,n.
one of the incorporators M supgest,on n,
the kind was ever made ~ ms. ,yu,
director of the comnany na,b,rs a no,,,,
perhaps "A little inpoer r1s,unsd m,
dlrectorsbip b.o.ns. ,Y,. NAY ..,,-f-,s
with the assets ur,,r,n,IIv of ,,,,, ,.,r,-
papy: do NOT know what NAV all rons;o,a5
of; think p,rt of tne ass,,fs ,,.,'. 49,.
ments aud there were one or two ,Ir,uu.
issory mites In. / IA .,m.,,t, ..,r', -,
by what YOU GAIL trns, d.,.ds. ,,., ,,,,d go.
represented to be in Ulinns
Primarily ths-e came IN the ofii "a sam.
risks Refora ,baoo r;ek, NJ, al
asked the sncratary what assata -
demanded In 500 sha .o..,s nav M
uleayer and other directors a,d .f a, o,,r
examination of these asssts for mo ,,.r, /
was entirely satisfied that thav - -,
sufficient To nav any claim. w1i,h ,,,iah,
arise.
Gross sxamiued-I kney notbi,, NJ ,ba
value of tina pronartv m uhieb ~,
judgments were located. T ao,ad as
director in ths organiy.t;ao ~ ~, 30, 90
many. am t,nIad viii tho pa', son-
ron Farm ,,aar 4 - TInn u.s. ~ u n'ns
GIay resided am familiar win tha vsI,.,
of hand ia some extaut tbi,,t 80, 49,,
would be worth ~ nm ''' III
Oross-sxam,n.d Nav, ,,,,,o,
and b,.n f,n,iI,,,r ,,,,,, sAHeu o'ei "
vears. Wa ,h,omah 49,. So :, u,au!
ghraa mon,hs. oa,,,d iu ~ "i'n..
mas bsan soid tnr. H., h,,i,a'. VII" -, ~
nrtt,, ,ond fro,,, 49, "a . 'onN
ra.r - -, Az, ,oai ~ ii9ni tiie
n ,vo,,it rob. - 2nn t'.
there n.rn'.ns 800 W p'' '''' "' ''''sS
K,directEJ raw bas, sao,.,.., 70,
l,au es4n,,n,,on ,,,d ,,s,,I ~, W.
nf ln.,i,,t, ~, h,,i,t,. - w i.'''
,n,,,.s "u" 'No''
AnIho,, II ,,,iu r.
,o,,,,v ~, IN a',l''...,' u, =" 'iau u
IN ,,.,i,-,,,,1,n pa'' piaoea u 'nS uabo'
Ni Io"eo'ion nave Drought suit upon
49,. NJ r., o ein'o VI tns COMPANY
800. u.s. a', ~ '',su no was absent at tn
vas NJ R.,',h,'s Jaw "p en,ne n