The Evening critic., 1884-06-18
SQuIER s co.
what Commissioners Edmunds Says
About His Connection with Squter
ana About His Safe.

what Commissioner Edmunds Says
About His Connection with Squter
ana About Igis Safe.
CRITIC reporter found District Com
missioner Edmonds at his Office this morn.
ing and called his attention to the article
in the Republican containing the rumors
concerning his relations with the suspended
banking firm of squier & Co.
Judge Edmonds emphatically denied that
he was the silent partner in the concern, or
had any financial interest or responsibility
In Its affairs
~ have no objection TO telling you all
about my relations with the bank said
he, las they are very simple, aud / have
explained them to the attorneys aud other
interested parties"
Mr.. Edm0nds' Relations with squler
The Judge proceeded to state that he was
formerly neighbor of Squier, and was in
timately acquainted with him. At the
time he erected his residence on X street
he was embarrassed as to what disposition
TO mako Of a small Herring safe that no
owned, aud asked Squier IL he could place
u in his bauk simply for storage aud safe
keeping. Mr.. Squier agreed to this, and
the safe was placed in his bank, where it
has remained ever since, accessible only to
Commissioner Edmonds himself and used
by him for the storage of private papers
and valuables, jewelry belonging to Mrs.
Edmonds etc.
The Judge had also frequently loaned
money TO Bquler for the purchase of secur-
tiles, and in some instances Squier gave
him the vouchers purchased as security for
the payment of these loans. Some of these
vouchers are also deposited In the safe, and
Commissioner Edmonds regards them as his
private property as security for the pay
ment Of his loans TO Squier
When the failure Of the bank was an
nounced, Mr.. Edmonds says that he became
DESTROYS Of securing possession of his safe,
and explained the matter to Messrs. Shell
labarger and Wilson and to Colonel Cook
and Colonel Jones, but decided not to re-
move the safe without opening 1t and show
Ing Its contents to the creditors of the
bank and
Explaining Matters 10 Their Salts.
faction.
With this view he had the creditors notified
to assemble.at the bank at o'clock yester-
day afternoon, and went there for tho pur-
pose Of explaining and showing tho con-
tents Of his safe.
On arriving at the bank he found an or
ganized meeting OF creditors apparently
preparing to adopt resolutions, ETC., aud
finding no opportunity for his intended ex-
PLANTATION he withdrew without Attempting
TO regain possession of his safe.
Judge Edmunds was urged by personal
friends to day to publish over his signature
denial of the assertion that he was the ST.
lent partner and shared the profits of
squier and Cos. establishment. He declined
to do go, however, and said that
HIS Relations with the Firm, or
With Squier,
were simply first that he left with him q
private safe, for which he had no room else.
where, and second, that he, on various oc-
casions, loaned money to Squier with
which to purchase vouchers or other secur.
tiles, and Judge Edmonds was entitled to
ten per cent. profit. Whatever profit was
secured above this amount belonged to
Squier. The Judge added that he had ex-
planned to Messrs. Shellabarger & Wilson
that he had Squier's notes for all the
money he had loaned him at ten per cent.
interest Judge Edmonds said that he was
in this respect loser by Squier's failure,
and from information from other sources 1t
appears that the Judge is heavy loser.