The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1894-02-12
CONTINUED from Ist Page J

ing S146,OOO: in your letter Of November
9th. 1891. you speak OF the total princi-
pal being S147,62il7; where has the diff
ference gone between the amounts Of
principal stated in your letters and the
amount Of principal stated in schedule
C." to wit, Slii,999.Oi; amounting to
something over 5000? A. Well. the
amount Of the Union Iron Works loss is
not included in the statement Of princi-
pal in schedule "C." that is the actual
loss on those bonds has been deducted
from the amount of principal.
Would that bring your figures correct,
take the actual amount Of loss ON those
bonds, to wit, S229O, from the principal
Sli7,O12? A. I don't know, as I could
say here without referring TO some
memoranda at the Office just how l ar
rived at the statement Of principal in
schedule &c"
Was the loss on the Seattle bonds in.
cluded in the receipt given by Dolph
Banning! A. II was not included in
the receipt.
Was il in Mrs. Banning's receipt? A.
No.
Did you, in making the Seattle bond
investment, consider that you received
those bonds, and that you invested in
nont frnn, iii. Cn,,rtp C,rtn;nI,
Tho ,nnnav ,bot vn,, mn, ;nin tLn.o
SEATTLE h"nJ: w"s ,,nnoy v,,, rcoc;rnJ
bv virtue 81 yonr anno;ntmcpt no nJmin'
;s,rotory Carta;nlv
p;J co.., co,s;do. ,i,,, H.. ,,,,,,.;,,, ,,,o
s.a,,i,: Ln,ds 20 ba cont ,n Sn.,,io ,tat
thereby ,bny wore mo Io,gor In vnnr NOS.
sess;nn or ,:nn,rol no .,ln,;nis,ra,nry
Ycs s;r I cnnsideroi ,bau 90. I ..nt
,ho,,, q, S,o,,i. al III ,i,a, -
the e r. ~ d;rect - " M pann;nn " ''"H
W. Ia ,.n,, a. - NJ ,u.
,ha, ,hnro ,r. 20! t,ori,I. nLn,,, ia. Sail
;,"os,n,au,s - I'll VII, i, ,.s;t
Ism ,i;,I,,., Lnor,. - 4, ,,,a.i q, ~
mil snn,, ,,an,I" ot,,, /, Geo., H. a.
Saii % isg, T ,h;ni, ,t;nI !, CO., Dr..
ch,riox Car,or ,,t,,r,,,j hn,,a ts",, NY" ,ha
SEE. i. ro,,,.' -, III .,..,h a..
80 90 n anJ ~ III Tii mat Nv n,h lie.
nfo,t ,ba .nmS,;", -; ,ha., az" III ",n' T.,
,ho ,oar isoi ''' W.
m, o., r.. ..,, H., A., ,,,,
{, tbn, ,h S" v W." sui" gov" 80, a ,hn.o
Soat.Ia I'D " n 49, Wv. , III.
,,.Ln,,,. Ca",a II ~" W., ' .h.'
s, ne, 1n ', ,pLa me ur wne, i une
h,S ai.i,'h.'' on i nau o, ,ne irouv,e wa
- ,',' Ht.,p apVr', WIG. w. WIou u.l
'.,.a 1911 ",Ia III I'iase Sonupan' mn'SLi nlu
s s,. wy , oonS vas y, Iua nan ri'
~, 'e. a. u . 'c'h'"'"er 'he ""''
my M, ' ,.r,. saw .na.' ia, A. , Al
~ 70" ouusu. Si'n nr' "hu n,S
Saa,,is P,'o' ~ sei'11iI,g .,'eSc oo'"'s 7"
'e Ws M ~ w. ! u,o NOT a., .u
,,'' vi, IN; I,,',; see ,i,a. ou 'ls' lrll
ts", "" ~, I'",o ", W., ,,'h " 'alun.s
- 81, ,oi ~ w aPpo'IW,,nci. VI I'r"'','
vi 'at 'p'oh 'roH "orks I oh'p"h!' n
" ~, 4. I. IL, ,s q
III. '' w W. ''' ''' "''' ~ ''S
~" ,h., .,;,;.,, ,,, .,..,..,,. H..
.,i IN una. p',i, . you described scribe, IN" STU
=, ~ ~ Wv nioi IL" M9rhs .ouhpnn.
Wa.hs, TsEo. W VII, We .nloll l'"l
~ ,,, ns wo.pnni n"S 'o ~ c.'.a'n y
~ h,, 'o i, ',i ~ H., ,.S wee" -, ,ruI'' 20 WI.
~, - ~, I",a W ~ 49, "',e ""', p,!"n''
b. Wy ~, ,nit ~" ~, v, ,' &C., III ,H'l; n,'
t"nr,b H. n rr s IN ~ M .i iso, ,h,lu I'M I'M
aJ J iu't,'rs V, 'he .ehr 'H'i' nh' na'
mo % ,' w. p". , coupons . On W. "rs u.
,ho -, la Do - Ion VII" VII ,,p ",par .,
ILL., ' va! " on'I! anu ,i,',' !, " nov
No. .;r ,hn," ,,o,,,a,t" 80. l., a.,
pe,i,ion, Wv
~, aIs., o,,.,o,l Al, An.
,i,inn lii yn,, M, ,I,.; a., ',s;, ~. "
the trust decd hy which ,bo hnnJs II "a.
comnnny we're ss,nrad had 30 Io,s s,'
al md impoir,Jy 4 w. II,
The nbavc nIIcpiiors In I'm, ,o,,,;o,
,b.n s.nrrec,Iv s,1,nJ ,ha na,,i;,;op y, a.,
Union Iron Works 20 op The i,,,h Inv -
,Jnnunry Isgp JiI ~ ycs s;r ' y
When did Won first inform Nrs In,
ming ar her son ~ Ills '.nnJi,inn -, a.,
fnirsg a N WINS in lime isgp. ,h., 10,
tcr IL nm t,Ie In ,Lis Con-, Lara
The letter az Junc Is5r1 In wLi,b y,,
sent the iist NJ IN vcstmonis and sny ;h W'
ynu cons;derod ,hcn' ali ,,ood ' 80. ! ', w.
Seattle bonJs md =. sI'SLt Ins. ar ,h
Union Iron WorkaS A yos 10
That was Tho tIrs, ;nfnrmo,;nn ANIL -,
the Information wos II nnt mn 49, Oh"
date TINT Won Ind given either Mrs Ran
ming or her son ON The condition M tLn
invs.tment In ,ha Tri"n trnn W.
bonds WAS n notS y.s ir ,b;nI
tLat ia a" '''' w '"' '"'"
And that was nil tho ;,forr,,;o, yo
communicated in r."ard ~ thnt ~,
mcntY A Vs. s;r
And n. Tint ,imn ~ II m.t,or 80 to.,
wns In vnnr hail os -. "
sir. '' "' ''' " VT
Tb., yo, MARA ho,l;,o u,o ,ol, ,
the Union Iron W"rlxs c.o,,nany inr H.
Banning. and at the same time Won wer
acting ~ receiver Of that concern for IN
benefit Of all creditors unsecured ns wei
IN secured! \. Yes, sir.
By the I'D OF December, 1892, the da
the property OF the Union Iron Work
was hnally disposed Of you knew wha
the actual loss would be. did you not
n The delivery OF the property Of III
Union Iron Works was not made on tia
81 OF December, the sale was made d
that day but the delivery did not TAX
place until later
bnt mat was the DAY when the prlc
was determined was It not? y. Yes, sil
but there was a shrinkage.
but u was sold was 1t not ON that da
AT price beyond which you could no
expect to receive anything, to wit Sol
WHlg A, Yes, SIR.