The state capital., 1891-11-07
The BOSTON SMASH


printed by the Boston News bureau:
The friends of Irving A. Evans de-
clare that he offered up his life as
tribute to friendship He was worth
$500, 900 one year ago, and gave all this
and more to save his friends. Checks
were kited by him between New York
and Boston and he had enormous arbi.
trage transactions in both exchanges I'd
maire elearings between the two cities
and assist the Maverick bank to meet
one draft with another. When this
strain could no longer be borne, he
overdrew his account at the bank to
make his own clients individually
square, destroyed all evidence iihpli-
eating any other parties and, declining
TO return TO the city to effect a settle
ment upon his own account at the
bank, he put himself out of the world
to save Mr.. Potter and the bank. His
diving words to his wife were: Don't
blame me-"
When his body was cold, his hand
was found bare of the handsome gold
ring, which he had worn for a long
time gift from Mr.. Potter He had
taken it off the day previous to his
death and throwing it carelessly in his
hand, remarked to his aunt: This
means nothing to me now, for have
no longer any friends"
Upon Mr. Evans books are five joint
accounts. Joint account No. 2, is what
Mr. Evans termed to his associates and
confidential friends 'the big account. "
1t is this account that is 5000, 600 under
water There is no evidence of one
living man, we believe, that shows Mr..
Potter was the partner upon this joint
account. 1t has been assumed by the
bookkeeper and Mr.. Evans partners
that this account belonged to Mr..
Evans and Mr.. Potter jointly, but Mr..
Potter's name is not upon the books,
and Mr. Evans in his last letters ex-
planned it explicitly. TO different per,
sons within year Mr.. Evans has said
that Mr.. Potter had no joint account
and no transactions with him.
Mr.. Potter has been paid about $780,
900 as profits of joint speculation with
Mr.. Evans, but Mr.. Potter declares
that he has received no checks from
Mr.. Evans for eighteen months, nor
| has he, during this time, had any per-
sonal account with Mr.. Evans. All OF
Mr. Evans great speculations during
that period have, however, been con-
Quoted in the name of this joint ac
count, and it is declared by some peO
pie that the Maverick bank surplus
was in reality the partner on this joint
account.
It was understood by Mr.. Evans
family, previous to his suicide, that Mr.
Evans was insolvent, and that he OWED
| the Maverick bank 5000, 600 and had uI
$500, 900 nominal collateral, and it was
q settlement with the bank that hi:
brother had arranged the day before
the fatal act. 1t was represented tC
| the bank that the house wa only $35,
900 under water, and if the bank woulo
take the collateral, Mr.. Evans father
and brother would make the amount
good to the house and liquidate tn.
creditors on the basis of 100 cents OF
the dollar This settlement was exc
cuted few days after Mr.. Evans
death, and the bank directors voted t.
release Evans & Co. from all liability
1t is probable that the directors dic
not know the amount of the liability
they were writing off. AS the collater
ais were worth bat little more thar
500, 900, the loss taken by the banl
upon this account is about 5000, 900, bu
if the bank was otherwise good, thi
loss should only have reduced the sur
plus by so per cent.
Mr.. Potter says at the time of tn
any personal liability he might hav
with Evans & Co., and he declined be
cause no such liability existed, nor ha
Mr.. Evans any account upon which h
was legally or morally responsible.
Mr. Tobey, partner of Evans & Co.
admits that he never sent a statemen
to Mr.. Potter of the account upo
which he believes Mr.. Potter was liable
Col. Albert A. Pope said last wee
that he had no evidence that Mr.. Pot
ter was responsible for Mr.. Evans SUI
eide, but he believed it, and if the evt
dence was good the joint accoun
would be collected if it took the roc
off of some restitution. Asa p. POtte
was worth $40, 900 a few years ago.
| Association.
BosTON, Nov. 3.-At a meeting of tn
Boston national banks at the clearin