, 1881-11-02

,IerlnrtI In in srr,, nj, ,I,p n,1vicc ~ his
counsel. lin brot],rr. ,1o,nc. Nuxc,,t. wns
foum] nj lin morocro fucfnry il, tin,anv
strcrt. lin ttrnfr,t Indignantly that lin
firm ha,l nyrrtlrnwR fts nccnnut in
t,,e Nfcrellnn,s' National l}ank to the
nmonni If S..nN. 00O. md then. ytcn In
ind coufe,t dawn snmewhnt. njfccta1 In ,oot,
nj ttlo entire matter ns lluae Joke. It wns
too ol,si,r,l IN sl,utpse TINT tho Nurcnts lln,l
s,plt such n grcat SUN, in etut,t WARS. ~
lpeglu tu think tllat baldwin IL tnsa,,n.n he
said, lauglIng, "but | can't Sce why ho
should l,aya pitched on olr firm
III preference to other ,leposttors
IN tho lnnl.. | tetl yon wl,nt
II Is. fou viii taug1, nj inc. s,p,nse, but
WHEN tllo Hunk Examiner gcts throngI, you
will tinsl lint tho bank owes IT'S. There n
iiot man II, Newark Win believes this rtttic-
a.lt,lts story abont us Waare running to tha
VIC lIa'e made IN assignment. ai,tl. WHAT'S
THE 'toS. FnEnEn,cK II. rEEsE.
the friend aml counsel Of Christopher Nh.
gent. snfsl: " shall sign lio agreement,
''l"rtsagr, Ut my other paper transferring
luz rroprrly Of lny cltcntto tho Merchants
-'-~'''"
nav. We silpp0s: Nc have nserlt11wn stir
account, bull tn hos bcl!ese TINT We owe
the t'anl; more tlai' sou, ,0N, alnl o,,r debt
wllstt Nueent ttIhliRht Ills liability when
le tut! BatlwIn tint lie had property eflot,Rl!
tn make 1t good. It's ou that basis
md with that belief TINT lie llns been carry
Ing o', tito business, always intending 10
pay ttl' his 0sertlraitS. The fact Is, NugGnt
Is n burly jolly irishlnall, who ought not to
l'e engaged III sltclI nh extensive lils1ness rs
lie Is. lilo kn"ws nothing about books
or bookkeeping, and lle trnstct everything to
baldwin. fie sent his money, bills rccety-
nklc, n'nl drafts payable In hin, nj tlle lmtIk
atiti drew ltlocy us lie needed 1t. baldwin
wns, to MI lMtents ami rurlOscs, his financial
man, md they used 10 lnect together 1T
a. Morot's u1;srAunANr.
Oil Market street, which came to be popular
Unknown It's /, l,rn,,cl, of tho Mechanics MI
tlu,lal Dank. Sugcnt gayu Him checks otul
drafts sIgncl tn blank, nit! Baldwin lilled
tho,n ut' Whenever lie l.ai ncett Of
Nngcnt had tlle least tttea TINT
these were l,sed to dcfrattt the bank.
We shall 1ake ,o action until VIC faye IT.
shall 10 thrn will depend upnn tio npturc Of
That statement"
During the tlay United Stutcs Dstrtct-At-
tortley keasby was busy in taktnr measures
to transfer the npe whicl, Nugel,t is sup
posed 10 h.lyn twisted around tho neck Ut
baldwin to that Of tie ,tlorocco.aa
lie described the steps which liz l.utl takcl,
ms follows: "Inhis voluntary statement made
tn 1>u iasi night, Mr.. Baldwin assertcl tl,ut
nearly MI Of tho s.. UNI, ,0aO or more which le
hui tnkcl, from the bnnk lind been absorbed
by irregular Ioans made 10 g. N,gen. Il c,,.
The hasty examination wtcllp was mile
10 maku ye%tertlaA. confirmed nc III
the opinion lint AIR. Alaftlwln llnt sntstat,.
t!a'y taa 1sle truth ilA3}lls matter. 'slld, OH
tue stre'iEtll 81 t'lls ls@bcllef, caused the ar
rest nf Mr. Nsge'lt last evening. roll
Timed my stl'rsflgatio" last night and this
morning. and Satisfied myself still further
tint l'alslwl1i's story wna true. secured
froin ll'nt the hooRs In which lie had kept
4 rn1vATE ACCOUNT
nf tic transactions or Nugent L. To. with the
hank through him. These books showed
the amount Of actual money and real assets