The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1883-11-08

DQ.-Do you know how much he ia also liable for
on account of sums that have been raised by him
10 Tree the assets of the old company in order that
they might be used for this business
Al do not know the amount of notes outstand-
lpg on tnat account; know there are notes out
standing to quite an am unit.
Q.-You have nothing to do with the asset ac-
COUNT that is matter that concerns Mr.. Mattocks
ana IS an account kept by him.
Whether or not Mr.. Mattocks, outside of the adj
vances obtained by his personal contracts with Mr.
Ihurber, has also raised money from other sources
on his paper to carry on the business
in such credit that money could be Obtained on rs
name without MI. Mattocks endorsement
Al think not.
Q.-Do you know whether or not. even with the
ala of whar is called these debenture bonds, upon
the property, secured by the mortgage it has been
easy to raise money on that security.
could be done.
Q.-Have you attempted to do it.
Ave have.
Q-And, with the aid of his Endorsement state
whether or not it has been easy to obtain money
from outside parties, except through the arrange
msnt ne made pc sonally with Mr. 1hurber.
A III has not been easy.
q, Whether or not Mr.. Mattocks, wherever it
has been possible has used these debentures as col
iaterai Tor the purpose of raising money.
Al 'hink he has.
Q.-What was the situation of the property in
the spring of 1882, when Mr. Mattocks stepped
shape it could be run for the year 1882 SO far az
attachments and mortgage claims ana the claims Of
these debenture holders were concerned.
Alt was in about as bad condition as it could
be
O. Have you any idea as to the amount of at
tachments on the property.
Al think there were at least $50 900 of at
tachments.
Q-whether at that time suit in equity was pend
ing in which receiver had been .appointed who
was in possession of all the old PROPERTY of j.
WiDslow Jones Co., limited.
Ayes
a. bar or tn,
claims ofcreditors the personal property Of the
different factories also existed.
Ayes
Q-Do you know about an agent being sent by
Mr.. Mattocks to England to attempt to effect an
arrangement with those bondholders and the Eng
for the season Of 1882.
A-There was one so sent
Q-Do you know whether or not 1t was at the re-
quest of j. WinslOw Jones.
Al SO understood it,
QWho holds today the title to the old property
of ]. Winslow Jones Co., limited subject to the
mortgage of the English bondholders
A.-C. P. Mattocks.
Q-You have been asked about the accounts of
the Winslow Packing Company which have been
presented here for the years 1882 and 1888. State
whether or not in addition to those accounts, Mr..
Mattocks is liable for large account of adj
used in the business of the WinsIow Packing Com
pany during the past two years from the encum-
ORANGES that were upon it at the time he undertook
the business in the spring of 1852.
A. know he has quite large amount Of
charges; the amount of them do not know.
Gin he commission and interest account
which has been referred in these accounts state
whether or not it is charged in accordance with the
terms of the agreement under which ii business
was done.
Question objected to.
Q.-Whether or not the charges were in accord
anee with the agreement between Gen. Mattocks
and this company by which they obtained the bene-
fit of these advantages.
Al understand 1t so.
Q. Whether there was an agreement between the
hat ho eI,N n ~.
for bis own protection the same amount of com
missions and interest that he under his personal
contract with Thurber, was Obliged to pay him for
tn Sc advances.
Mr.. 5. G. Strout-we object to the question You
have the vote on the question suppose and if you
put 1t in it will speak for Itself.
GLOW long have you been acquainted with Mr..
Brigham as an accountant.
ACUTE number of years,
@. Have you had occasion to examine his c.
counts from time to time with reference to their
accuracy.
Q.-Was he formerly in the EN- ploy of j. Winslow
Jones q Co., limited.
Q.-Have you had occasion to examine his &C.
counts kept in Mr.. Mattocks' office occasionally
with the same matters kept in your office, to see
whether they compared.
Ayes.
Q.--whether not you have found them accu-
Al have always found them SO as far as could
see
Q.-whether or not in these charges for interest
and commissions that have been inquired about
they are accurately computed SO far as you have
examined them.
Al examined his sheets where he had comput
ed them, but not to go over every item; MOI to veri
fy them all.
Q.-Whether those that you did verify were accu-
rate.
A Il found all co rect that verified
S. Q. Strout-Did you verify any.
Al think did. 1t was at the close of the sea-
son, when we are busy closing all our accounts, and
Odd you examine the method on which he
made them up. as regards the kind of items that
Al saw his charges that he computed the inter-
est on the account aud the way he had done it, but
not to figare the items over.
Odd you find The charges on which those items
of interest were based, correct.
Al old.
Q.-Where you have been inquired of as to how
much the charges for services in this account
amounted to, state whether those charges that YOU
have given US, were for legal services
Al think they are all for legal services,
Q.-Wnether tue Winslow Packing Company has
had anything to do with carrying on the lobster
A.-only so far as selling the goods is concerned.
Q--Ihe funds have been furnished by Mr. Mat
tocks for the packing OF the goods and not raised
the Winslow Packing Company paper
A-Not at all on WINSTON Packing Company
paper.
been raised on MIR. MatSock's Endorsement and pa
per.
Ayes, his notes have been given for all adj
yances, and Endorsed by him.
Q-The Winsl0w Packing Company's name was
not on the paper at ALL for funds that were raised
for the lobster business.
A.-No.
Q.-Where are these lobster factories.
A.-There are three on the coast of Maine and the
others are IN the provinces cannot give the exact
number in the provinces A portion of those in the
provinces 1T run.
Q.-Whsther the business has been so managed az
to result in aprotit this year.
Al think SO, small profit.
Q-Whether or not the corn packing business re-
suited in substantial profit last year. as carried on
NCna 49,
the means OF these contracts of Mr.. Mattocks.
thing for the rents of the factories
Q-In the rent that has been charged here ana
what has been charged for repairs, do those two
amounts aggregate more than a fair rental for the
factories which have been in the use of the com
pany during the time they have been doing this
business.
SC; Strout-The old company paid the repairs
ME- LlDDy-Ihe old company pay portion of the
repairs, and the new company portion. Am 1
correct
A.-Jhere certain amount allowed for per-
mauent repairs and expenses en- buildings last year.
that the company is credited with. Then on the.
other hand certain amount is charged fo- rent.
u. What are these charges here that you find for
repairs
A.-These are charges to c. P. Mattocks, trustee,
as against the assets of the old company.
DIN other words you have taken out of the
rent whatever repairs have beea made upon the
property.
Ayes; these allowances for repairs came in be-
fore The books were closed.
GLOW much are they.
A.-Between four aud five thousand dollars,
think, is all they amount to.
Q.-That is charges for repairs How mach do
all the items for rent amount to-
A.--About $1,000.
Care the charges which have been made for
rent here in this fair charges the use of
the property.
A. ! do n It think they any too large.
Q.-Are they not small.
Al think so.
Q.-You have been asked about S1142 note
that entered into some previous account in Decem-
Der, 1881, and understood you to say that if the
other notes were paii this note ought not to be
charged to the company AS matter of fact, do
you know whether these other notes were paid.
A. Il do not know about that.
Mr.. Mattocks-Ask him who endorsed them and
whether he has not scen them in my possession as
paid, the May notes.
MI, Gage-We say hat Mr.. Mattocks has paid
them all.
Q.--ihen the "if'' which you put in there to your
knowledge has never been re slized the condition
by which it made an over payment or wrong
payment in the account
AL cannot tell about that. have seen some of
them.
@ LIDO you know whether the SLAP note was in
suit and an attachment of property made on it as
claim.
Ayes, it was.
Q.-And was afterwards acquired by Mr. Mat
tocks when he came to free the assets.
Al think
Q.-You have been asked whether or not. in 1882
and 1888. Mr.. Mattoeks obtained any loans on The
compsny's paper which did not enter into the bnsi
ness, If understood the question; and / under
stood you to say that in one two cases it might
have been So