The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1883-11-10
THE WENsLOw PACKING co.
Hmportans Equity Suit Hearing in the
Case of j. Winslow Zones ct al. VS..
Charles p. nattocks Fourth Day.

Court came in at $50 O'Clock yesterday. Jones
resumed the stand and was examined by Mr.. Gage
IN relation to copies of accounts made by him in the
intermission.
Q. What is the paper you now produce.
a list of notes of Winslow Packing Company,
exclusive of the Ihurber notes outstanding Nov.
8, 1883. The bills unpaid l cannot give very
correct estimate of, NOT knowing what bills are due
at the factories
Mr. Libby This list ofnotes is where they raised
money by means of these debeRtures.
A. Principally these.
Mr.. Gage. What do they amount to.
A. The list Of notes, outside of the Thurber
notes, outstanding Nov 8, 1888, amounts to S4O,-
Q. What is that list
A. Two of them are notes that are held as collat-
eral security of two drafts sixty days, DIR avn by
Thurber & Co. These are held by the Bri gton
aud Norway savings banks. The Bridgton savings
bank holds one, and the other sent for the Nor
way bank to hold collateral security for draft
negotiated there.
8. These first and second items under Oct 20
and %, of. S3 900 each are what.
A. They were given as collateral security for two
drafts of like amount and dates upon FL. X. q f. B.
Thurber s. Co.. on so days, negotiated by the Bridg
ton Savings Bank and the Norway Savings Bank.
@. These notes were used as collateral TO these
A. Yes, sir SO that the company are really not
liable If the others are paid.
Q. Are these the dates of the negotiations.
A. These are the dates of the drafts, are about
the dates of the negotiation.
A. yes, and are 1ndOrSeu by nlm.
O. Who had the money for these.
A, The company had the money or 1hurber
drafts, and these are merely held collateral secu
rity.
@. Did you negotiate them, did you see it done.
A. Tue company did, / ana not certain whether
Mr. Mattocks mailed these. / think he mailed
Mattocks- What per cent of it passed through my
hands.
A. No part of it passed through Mr.. Mattocks'
hands.
@. Were there drafts accepted by Thurber &
A. They were not accepted when they were sent;
they Were accepted afterwards, l suppose; l never
heard but what they were.
@. They are not due yet.
@. Aud 1.-The cash was paid for those drafts to you
By the company, was it..
A. In one instance 1t was paid by the company,
at the Brdgton savings bank; at the Norway bank
il negotiated by a. FL. Burnham who has charge
of the factories in the Western section.
Q. And used for the business of the company
@ Negotiated for that purpose
q. What are these two entries, c. P. Mattocks,
$1,000, and the one of August IS for $500.
A. Those are the two which l gave yeu the
memorandum of yesterday.
@. Not on the books; these are the two you have
spoken of.
A. Yes.
Libby They are in memorandum.
q. On this other sheet where the footing is s4o-
200, each note which has bonds as collateral for it
A. Yes.
Q. There is note of Knapp Brothers, that does
not appear to be marked as having bonds colateral
what Was that for.
A. That was for boxes
Q. This year.
A Yes.
O. There is note to G. P. Mattocks Sept 29th
of s 1900 what is that
A. That is charged to him on the account which
$500. c''' Isl an0'n'r more 70 = E MA''0'AS i0f
A: That was in the account which have al
Q. What is the amount of the outstanding
Liabilities except the notes included here so near as
you can estimate them.
A. 1 cannot give it very accurately think
somewhere in the neighborhood OF $4,000, but
that is merely a guess or estimate.
g. Is that for liabilities incurred in the prosecu-
ton of the business.
A. In the prosecution of the business; this
would be outsiae of aAA commission that may be
due Thurber Co., sales of corn this year on in
terest.
O. Was any part of it for the stock which yeu
have said amounted to S45, ,O00 L believe. Is This
$4,000 that you speak of a renewal of that in
debtedness or an account Of it in any way.
A. This would be for outstanding bills mot
count of stock carried over that know of.
g.. That stock was about S45,000 was it, last
years stock of material carried to this year.
A. don't recollect the amount of that; do
not know as have stated the amount of stock car
ried
Q. Don't you know it was about that amount.
A. think it was. have nothing to refresh my
recollection.
Q. That was tin and cans and material for the
packing business
A. Yes.
@. Have you used up pretty generally all the
stock of that kind in this years packing.
A. l do not remember the amount; there is some
tin material on hand l do not know how N uch.
We have not had the stock taken at the factories
ard cannot give any very correct estimate.
Q. Can't you give any estimate.
a. have no idea what the stock of labels and
tin and ether material may be on hand; have
fn hy tall mi % fQR IN a n
arevery nearly used up.
Q. Is there as much as you had in January
A. should say not.
@. Can yon give us any idea what the proportion
would be, one half or one-quarter as much or how
much.
A. have nothing to tell by except that the cam
| have been used up pretty nearly.
oRossExAMINATIoN.
Mr.. Libby. This $4,000 was all money raiseC
Tor the penent OF the company, was it.
| @. Did General Mattocks carry over s45 ,ooC
from last year without any help from Thurber, il
the old sock there found at the factories; die
he carry t over by his credit from last yeal to this
| A. think there was larger amount than tina
| of notes outstanding from last year.
| c. Gen. Mattocks was on them.
q Did Thurber have anything to do with these
| notes.
| A. think not.
O. This was all raised by NIattocks for the com
/ pany here in the State.
| A. Yes.
MIR. Gage. On the Winslow Packing Company:
| notes with debentures for security.
/ Mr.. LIBBY: Are you able to state whether SIR
Mattocks did, in fact, pay 81, ,142 note and
| $500 note
Plaintiff put in docket entries of Superior Court
of 90 suits against j. Winslow Jones Il Co., limit
| ed, oil OF which are pending now.
Charles Rich an accountant, was called by plain
TN, and On the basis Of figures shown him by plain
tiffs counsel testified that Mattocks was largely in
debSed On the basis of The figures shown him b.
defendants counsel, the company were largely in
| debted to Mattocks, Tue witness passed no judg
| ment upon the business of the items thai made nj
the conclusions, one way or the other. The judg
enJ9lned any publication of his testimony.
Plaintiff stops.
| Adjourned.
| AFTERNOON SESSION.
Opening by Hon. O. f. Libby, in behalf of Gen
| Mattocks.
| Nay st please your Honor:
This is the first opportunity that this responder
Nr Mattncks has had 70 stafa To tna cnnrt AM