The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-04-17

anu July, 1888. During tnat time they had
received remittances from the cabinet COM
pany, which were forwarded to Elijah
Coffin at London by the request of the
company. to be placed TO the account OF
the cabinet company. The First National
Bank received Chicago exchange for the
amounts to be transferred TO London. This
came in drafts from the indianapolis Ma
tonal Bank on the Commercial National
Bank of Chicago. The First National ca
pied their London correspondent, the City
Bank Of London, TO nav the amounts TO
Elijah Coffin. The specific drafts in
troduced and identified by the witness. He
said the amounts were paid to the First
National in every instance, and Were paid
by its London correspondent 10 Elijah
Coffin: The total amount Of money thus
$195,OO. He had a statement to which he
referred while giving his testimony. 1t con-
tanned description OF the drafts upon
winch money was thus transferred to Lon
don. The statement covered two large
sheets. He said the exchange was paid for
by the check of the cabinet company on
the indianapolis National Bank, and these
checks were always paid. He said the cab
met company usually sent its bank checks
for the amount due for exchange: Settle
ments were made at each transfer. The
first transfer Of funds in this manner was
2, 1893. In answer to questions by Judge
Baker, the witness said tie cost of cable
grams, about sl.s6 in each case and about
500 for all, was charged to the cabinet
company, and the total charge for all the
transfers above that amount was $500.
very brief and brought out no additional
facts. Mr.. Boulton was then discharged
and permitted TO leave.
w. IL. Nuttfng was then called and took
the stand. He said he resided in Aston
district, Boston He had resided there nine
eied for the 1ndianapoIis % % s Cabinet me- Sa company @
and other furniture companies. For about
four years he was engaged in business for
himself In Boston. He opened store for
the cabinet company in Boston. He made
a proposition to F. A. Coffin to open the
branch store for salary of $500 and one
half the profits which was accepted by
the cabinet company. The witness was TO
act as the general manager of the Boston
house, which was to be known as the In
were marked 81. G. Co.." which meant In
dianapolis Cabinet Company. His salary
Boston concern. and If the proceeds We're
not sufficient he was to draw upon the
cabinet company.
Did you do profitable business?" asked
Mr.. Burke.
Witness-The officers said did.
Mr. Burke-Whet do you say?
Witness-I think I did.
The witness said he did not draw on the
company here for his salary and did not
NIX on fne Eno% of the
Indiana Cabinet Company of Boston?
Witness-No. sir, do not.
HE DID KNOW SOMETHING.
The witness said his dealings were with
the Indianapolis Cabinet Company The
Boston concern bought some goods from
the United States Office Furniture Com
Dany. from the d. E. Stone Furniture
Company and some from a man named
Lauter in Indianapolis 1t bought some
desks from the Wooten Office Desk Com
pany, which were shipped to Boston by the
cabinet company. He was then shown a
telegram and asked If he knew what it
meant. and replied that he did, This tele-
WI Qft r(1S nc
follows: "Go ahead. Name to outside is
indianapolis Cabinet Company" 1t was
signed by the cabinet company. After hav-
ing been shown the telegram the witness
said that to those on the inside the COM
pany was to be known as the Indiana Cab
a certain time goods would be billed in that
way. The witness said he had heard such
company had been organized in Indiana
He was then shown a letter addressed to
read. The letter stated that the company
was to be known only among those on the
The letter suggested that door posts also
have names of the Indiana Cabinet Com
pany Wooten Office Desk Company and the
United States Office Furniture Company
upon them. He said his contract of en-
ployment had been made with F. A. Coffin
letter was introduced written by the
secretary, stating that the Indiana Cabinet
Company had been organized and witness
been notified of his removal as treasurer
He never had any funds belonging to the
Indiana Cabinet Company.
Mr.. Burke-Who was the secretary of the
Indiana Cabinet Company?
wi Witness.I think F. B. Coffin;
Witness-I don't know, sir.
Mr.. Burke-Do you know who was pres-
dent or vice president or who constituted
the board OF directors OF the company?
Witness-No, sir.
He said he never made q report to any,
BODY as treasurer of the Indiana Cabinet
Company. He said there was no Indiana
Cabinet COMPANY at Boston except in
name He said his company never had anv
transactions with the INDIANAPOLIS Veneer
and Panel Company. and that he never
heard of ii save through the newspapers
He said the Boston company did not owe
1898. nor s., 900 on April 9, nor 5000 to the
cabinet company on Jan. IS. 1893, nor Sc :
to the United Is stntss ate Once
same company on July 4, 1893. The draft
OF this last date was accepted by A. 6
diana Cabinet Company. He had heard of
the Wooten Office Desk Company. The
Boston company had some transactions
tions was s2,2S2.7O. He said drafts for the
above amounts were never presented TO
Boston company he never had the funds to
meet them had they been presented. a
number OF other drafts We're shown to him
money nor had the money to pay if they
had owed IL. His arrangement with the
cabinet company that after paving the
expenses OF the Boston house any sllrplus
should be RENTED to the cabinet comnanv
by check There was no regular time for
remittances.
MONEY FROM INSURANCE.
Mr. Burke-Was there ever any surplus ?
Witness-Well there was a fire down
there once, and then we had some money.
Mr.. Burke-What did you do with this in
surance money received on account of the
fire?
Witness-Well, We paid some bills and
sent the balance to The factory.
By Judge Baker-What was the amount
OF insurance money received?
Witness-About $4,000.
CURED on June 16, 1893, and resulted in a
partial destruction of the property. The
business was sold Aug. 5, 1893, under in
structions from Percival B. Coffin. Dis
tr1ct Attorney Burke then told the witness
70 tell, in his own way, all about the
transfer OF the property. He said Percival
Coffin had said they owed a little money
and deemed It advisable to sell out the
Boston concern. 1t was transferred TO a
man named Thomas L. Pierce. The con-
slderation of the transfer was $40. .397 II
The amount was paid in thirty-four notes
due in from one TO twenty months. The
Company, T. a. Coffin, trustee The notes
did not come into the hands of the witness
as treasurer Of the company.
They went to Percival b. Coffin The
sale of the Boston house was after that
OF the, New, York house The witness re-
II