The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1899-02-22
GOODRICH BANKRUPTCY CASE.
Lawyers Tried to Learn What Became
of His Money.

Lawyers Tried to Learn What Became
of His Money.
Yesterdays Hartford Courant says
| FRANCIS HI. Parker, United States ref
cree in bankruptcy, gave a hearing yes
terday on the appointment of a trustee
of the estate of John /. Goodrich OF
Plainville, formerly of New Haven, who
recently made an assignment under the
United States bankruptcy act. Edmund
Zacher and James e. O'Connor of New
Haven appeared for New Haven credi-
tors; E. J. Caravan of this city appear
ed for the Bank of North America of
! New York, and M e. Lincoln Of Will
mantle appeared in the interest of the
Willimantic Savings institute. The ex-
animation Of Mr.. Goodrich was for the
purpose of determining what he did
with his money. if possible, and to dis
| cover if there We're any assets.
"Mr. Zacher put good many peril
! nent questions to the insolvent and at
times his loss of memory was as re-
markable as his ability to spend money
He refreshed his memory as to certain
transactions by referring to stock
, book which he had, but his affairs were
far from being completely entered in
the book At different times he told
Mr. Zacher that he was confident that
the matters to which his attention was
called We're entered in the book, but
owing to his nervous condition he was
unable to find them. One of the law
years said that in the last ten years
Goodrich had got rid of $150,000, and
that in addition to that he had failed
for $42 ,O00 and that he did not have any
assets. Mr.. Zacher had the record of
mortgages and transfers of property
made by the wife of tie bankrupt, from
the town clerks Office in New Haven,
and although Mr.. Goodrich admitted
that the most of the money passed to
him personally, the best answer that
Mr.. Zacher could get to his questions
Of what became of the money were, Il
can't say" II don't remember and
similar replies.
In answer to the questions put to him
the bankrupt said that at the time of
filing his petition in bankruptcy he was
not engaged in any business, and had
not been since November, 1895. Before
1896 he had for ten years, at New
York and New Haven, been engaged in
selling coal and contractors supplies.
He said he had no capital with which
to conduct the business. During the
time he was in business he received
SOS, 900 or $35. 600 He had no account
showing what became Of the money.
He had an account showing that the
money was received from his wife, and
between 1886 and 1895 he received from
her $92 092,92. He had no record of
money received from his wife after 1885,
because he received none from her. This
$4,000, he said, represented all the mon
ey he received from his wife. He could
not state how much he spent in his
business between 1886 and 1896 and he
had no books showing how much was
spent Between 1885 and 1896 he mort
gagged his wife's house in New Haven |
for $4,000. He had no recollection Of
what became of the money. He could |
not say whether he had the money or
not. The money was not part of the |
$92, 000
The bankrupt admitted that on June |
TO- 1896, a second mortgage loan for |
S., 500 was made on the same property. |
The money was given to him by his |
wife. This money was exclusive OF the |
1912, 900 and Mr. Goodrich had no record |
Of this money on his books. On Octo-
Der 10, 1885, block owned by his wife |
In New Haven was mortgaged for $685.,
900. He at first admitted he received |
1000 of this money to take up some
stocks that were held as security. At
ter much effort to get an answer the
bankrupt admitted to Mr.. Zacher that |
all the $4,000 was received !
by him. None of these last amounts
were contained in the s92, 900 which had
been received previously from his wife.
He said a part of the $92, 900 was 80, 900
received in 1894 from Barbara Gich for
l lot at Lighthouse Point A $4,000 loan
which the bankrupt got from Luzon B.
Morris, trustee, on November 4, 1894,
vas not recorded in his books. Several
mortgages were obtained by him for |
IL, 900 al various times during 1894 His
was blank as to what became
If the money. He said he imagined
he money went for the sole purpose of
transferring the mortgages. 1t devel-
ped that when the property came to
Mrs. Goodrich by the death of her ia
her, Mr. Clark, in 1892, it was not en-
numbered Mr.. Goodrich said there
vas no reason in the world why his
wife had to mortgage the property 9TH
+ than to let him have the money
1.-THE representatives of the creditors
made no suggestion as to whom they
esired to be appointed trustee, and as | :
here are no assets in the estate Referee
'arker took the matter of the appoint
lent under consideration"
BIRTHDAY RECEP-
TON
The New Haven Christian Endeavor
MON will give a Washington birthday n
aception at the Y. M. c. A. rooms 713