The sun., 1898-06-11
different from that held by the officers Of

|
for some weeks to do, and which die
not do until assured by the cashier of tn,
bank, Mr.. J. H. Bateman, by Mr.. j
Frank Alice and by statement made tt
Colonel Cooper in my presence in thu
city Of Philadelphia, in the office of J
Edward Addicks, by Mr.. Addicks him
self.
Some time in April 1898, was in the
city of Philadelphia and met Colone
Cooper, who told me that he understood
that big winnings were being made ii
Bay State Gas stock. l replied that
had been likewise informed. Colone
Cooper and myself went to Mr.. Addicks'
office. Mr.. Addicks and Mr.. Alice wer'
there. To Mr.. Addicks Colonel Cooper
said that persons in the two love-
counties were buying Bay State Gas
stock with the understanding that large
profits would be made. Mr.. Addicks re-
piled to Colonel Cooper by saving that
he himself held seventy-thousand shares
TO show you my faith in the stock.
added Mr.. Addicks, 4 have just now
bought some for Frank here, referring to
Mr.. Alice. am uncertain as to the
number he mentioned.
"Colonel Cooper and I, before leav-
ing Philadelphia, each invested in
fifty shares, through Cuthbert & Co
brokers. Withinthe next month for
myself and ON account Of other me /,
bought three hundred and fifty
shares of Bay state Gas. During the
time which l held 1t, 1t required /,
margin of about $4,000. On July 5,
1890, or thereabouts, my holdings
were sold and my speculation in
stocks were ended for good.
"Of the three hundred and fifty shares
of stock that l held one hundred shares
was the property Of Mr.. w. N. Boggs
and fifty shares Of Mr.. T. S. Clark Of
Dover, both of whom in the end paid
me their proportion of the loss.
"Mr. Boggs, when he solicited me to
become purchaser Of Bay State gas
stood, in the early spring OF 1896, told
me that he himself had made then about
$4,000, and that H. A. Richardson, presi-
dent OF the bank, had, l think, cleared
about $4,000. Before buying the stock
/ told Mr.. Richardson that understood
he was heavy winner in Bay State gas
He informed me that personally he had
never held share, but that he had in
the fall OF '95 bought that stock for his
wife and had sold it at profit for her.
''For ten years | have not attempted
to keep any account of my condition
with the bank, but have relied upon the
banks account as to my condition. My
transactions with the bank during the
last ten years must have averaged from
$4,000 to 100000 year. There was
hardly a day in all that time that large
or small sums were not deposited to my
credit. From May, 1895, to April, 1896,
not twelve notices of overdrafts came to
me, and when such notices came of
overdrafts the shortage was promptly
met.
These notices came tn me not alone
from Mr.. William N. Boggs, but
through Irving ID. -Boggs, a clerk in
the bank, and by formal letter or no.
tice si2Eed by the cashier, MIR. Bate
man.
"Whatevef may have been said or
whatever may be said by Mr. BSggs as to
his paying or carrying, checks OF mine
when my account was not good is ui-
tue.
There were times when notices of
over drafts came to me that seemed to
demand examination at my hands, and
Oh two or three occasions | went with
Mr.. Boggs to the books of the bank for
examination and on at least two oc-
casions employed an expert bookkeeper
to examine my accounts to see whether
Or not the statement nade by the bank
or Mr.. Boggs was cor ect. In those cases
the result was that the blnk's statement
was correct
~ had no financial transactions
with MIR. BOggs until some time in
1896, when he came to me
and said that Colonel Cooper had had
Il call from bro er's houSe in Phila-
deIphia and desired that would give
to II, B. Cuthbcrt & Co. my check for
$500 in order TO prOtect the colOneIs
account, stating that before the check
would get back The colonel would be
home and protect it.
81 find that upon the return OF my
when the next settlement /
was made that the check for Cuthbert &
Co. was returned to me in my bank !
book, and, mas much rs no charge had
been made to me of the 5000, dismissed |,
he matter entirely from my mind, sup
posing that Colonel Cooper, as Mr.. Boggs
had stated had in the meantime raid |
yhe check.
"During the month of October and |
NOveu, her Of the same year Mr.. BOggs
III several occasions asked me to give |
him my check to the order Of one
Anderson, of Philadelphia,
Il ing that he had in course of erec-
ion thirteen houses in Philadelphia
With MIR. Anderson, but that, not hay I
ng any hank account, he desired to (
ransmit to MIR. Arderson several
mounts OF money and asked for the
Oan of a check, saying that he him
elf would protect the checks when
hey returned and there would be no
.harSe upon my account. Imposing
IMPLICIT confidence in his honor and
integrity. and believing that he was
financially able of his own account
o protect the checks, l did SO without
nv hesitancy whatever.
~ do not know today where these
hecks to William Anderson are.
Whether Mr.. Boggs delivered them to
10 or not am unable to say, but | do
now that none of them were charged
F., my account, The Anderson transac-
ion had entirely escaped my mind untii
,any months after Mr.. Bogys had lel
delaware.
"The Cutbert $500 check spoke oi il
he indictment was called to my attei
on hrol5h a friend who hll heard it (,
,pntipnpl bv an off or of the Farmers !