The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1883-11-12

The above amount in asset account of sos, ,593.49
is stated in the bill to be s4S, ,S9S49 statement
corresponding with its many inaccuracies as to fig
ures and regarding the statements in said bill to
receipts and disbursements for the months, July,
received, lar and only sIoi ,5s3 81 paid out, leaving q
balauce of S43, ,406.6O in the hands of said Mat
tocks, find the condition of AFFAIRS as shown by
the books to be as follows
Amount of the disbursements during that time,
Sl45 I46. including cash 10 Banks 81, $50 so Pay
mens of two notes of H. X. & F. B. Thurber, 81, 300
ments not charged until December 81 $50. One
per cent mdse sales actually shipped to Oct 1st
SS9, the balance being in favor of said Mattocks
instead of the large balance stated above claimed
to be unaccouuted for. During the months Of July,
August and September, in addition there was re-
ceiyed from other sources than Thurber, and prop
erty credited books, the sum of So SAT 81 which
is more than offset by disbursements in the month
of October following. rind that the sum of S267-
900 received of Thurber Co., in 1882, that $780,,
O0O.-or thereabouts was lvanced to the Winslow
Packing Co., and that the balance of the assets ac-
count on the first day of January, 1885, stood at
500, ,457 .36 in favor of MIR. Maltocks. more than
sufficient between said amounts; and that the
of S22, 1926 which he received from said Compa-
ny for stock and materials transferred to them is
credited in the assets account, and that while on
the books OF the company. on the first day of Janua
Mr.. Mattocks of $22 / II. .96 but the same page of
the account shows that at that time Mr.. Mattocks
held the notes of the Company to the amount of
$I2 10,.67 and there was besides due to said Mat
tocks large amount for materials transferred to
said Company, purchased by hm and Q balance due
account OF expenditures, incurred IN Inc lD6ra-
tion of said assets, than sufficient to this
apparent debit and that at the present date, cred
itine the commission Of this years saes the books
would show that the Winslow Packing Co. is debtor
to Mr.. Mattocks. find nothing in the said books
whicn gives color to the charge that there has been
any misappropriation on the part OF MIR. Mattocks
of any of the fluids advanced for the use OF said
Company or any misuse OF said funds, or double
charges for interest or commission. Nor can see
from an examination of the books wherein Mr.. Mat
tocks management of the finances has resulted in
any actual probable loss to said Company In fact
they to have been carried on with due regard
to the interests of the Company and an economical
administration of its affairs. The books nave been
carefully kept with minuteness OF detail and sys
tenn which is to find on the part OF the best or
ganized business establishment and show thorough
knowledge of the business in all its details and
ready means of ascertainDg the situation Of its af
fairs at any given date, so that L cannot see how
anyone accustomed to the examination of accounts
could examine these books without understanding
readily the true situation. The books show that
there is due at the date of the filing of the Bill in
equity, Mr.. Mattocks, on the j. Minslow Jones &
Co. Limited, asset account, the sum S74, ,127.93
without reference to the notes of this years busi
ness outstanding, which he is liable as endorser,
exceeding 00,000 in amount"
JOHN o. RICE.
The affidavit Of George c. Burgess was then
offered and read, as follows:
81, Geo. G Burgess of Portland, in the county of
according to law on oath and say:-That am an
expert accountant having frequently acted as such
in court That I have examined the books of