Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-05-03

Vodas's proceedings
J.. A. Grocsbock was recalled; snid
he was familiar with the books OF the
bank upon request he turned 20 Mr.
stOutts ledger account and said his
total Indebtedness on April p. 1875, cx-
Guiding the DAILY Mining company and
Tempest Mining company, was, perHoh-
nj overdrnft. t5.sss.ip. Jos. NJ. Stout.
trustee, 1900. Chambers a Stout.
ovcrdrn. t2s2.t0. ON the noxt day.
April %, the ovcrdraft Of Mr. Stout
was fi,sss,1p. OF ]. 81. Stout. trustee.
$1,000. u Chambers y Stout. i2s2iO.
Demand notes the same day. N J. NJ.
Stout. s6ftt. and ~ Stout a Roy, 500.
ON the 2snd 81 April u credit on the
books % $500 made ON a credit ticket
given by Stout. was entered IN his fa-
Vof. ON May let. the State National
Hank " Cleveland, save uH credit OF
t1ioo. said 10 air Stout that the
money had no, been rcmittcd. aud asked
| him " I should make n note o. cNccp-
tion TO the Stnte National bank. lie
said no. he Would write to them about
II. twitncss here consulted the books,
HOOKS OPENED.
on July II. Mr. stoutt'a total indebt-
cdness, Including the Tempest account
and the HALEY a Slater account. was
fs.s5i,pi. J. 81. Stout, trustee, had an
overdraft Of fioO0, Chambers n Stout.
oyerdfan. t.c2to. There was u demand
~ Roy a Rtoutt Of ilgs.ss. J. N. Stout.
demand note. ts.pcss0.
on July ~. stouttH oveniraft account
had boon rcduccd t2.i50. leaving a.
1919 q 81. Stout. trustee, 1900.
Chambers a Stout. iss2io.
on MAY AND JULY H.
May 6. 1875, the Indebtedness Of Mr.
Stout was tl,o,iaii ne trustee. 1900.
Chambers a Stout. f2ss l0i Notes Roy
q St0utt. tllkss. J, ~. Stout, fsscs.s0.
Tempest Gold mining. ti.3tg.3G Bailey
! q company. 81 cas-. on July ~, over
drafts J. N. Stout. tesya,i9 Cham.
beers A Stout. overdraft t2c2.tQ, J. Il.
slater a company. i.tGaSs. Jos. ~.
Stout. fs.pes.so. bailey a company. a.
o551g. Tcmpcat Gold Mining company.
ii.iipfn The Roy a Htoutt note was
paid july H. Roy was one Of the dl-
rociorH.
HEDGES NOTE WAS MISSED.
A. n. Jones recalled on the Hedges
note u ts.sio Aug, n. 1885. u was not
before the evening ~ that day that he
was caut.nard by some of the directors
10 hay nothing about ~, Thfev ur four
days before witness had cndcayored Ia
Ind the note did not md a. ala not
speak 10 Mr, Stout about w. Did not
occur 20 him 10 ark Stout about u.
though, the note might have been mis-
laid. The Slalrr a COMPANY note was
paid on Nov. = 1925. BY the sale " min
inR stock attached 10 the note. Thu
stock WA probably In Sl1tcr'H name.
II was not In stputrH name.
J. A. HEDGES TEsrIFIEs.
J. a. Hedges wua sworn. o miner.
rcHldsa at Salt Lake city. knowa De-
fcndani Stout. nrsi dealt With him In
~ or "a later had businesi with the
bank right along. one deal with GcyHer-
Marion stock Ia ~ Stout told witness
that there was something IN buying
Gcynor- Marion stock. and that he
would furalah me The money " witness
would buy some, "pn Aug G. 1877, I
bought about 400 rharca az ti.se per
share, ! drew the money ana paid Tor
the stock. I save noio 20 the bank
for the purchase price of the stock and
deposited the stock az collateral SCI
deposited the stock 80 collateral accur-
ny fuf thc note, A month later bought
1850 worth of stock FOR which gave
my individual note. again leaving the
three such purchases la 1891 Of COCO
rnafcr IN All. The noten were given for
three months and wero renewed every
three months. The stock was paying a
dividend, which ! drew and paid into
the bank ON the notcu. In July, 1855,
and ono for about tG,O0o was renewed.
OWlinoFr hero Identified several u tho
notes, The signatures had been torn
on two % them when the renewal was
inudoi the others bore his nignature),
ON a note Of July ~. 1898, the witness
said the signature was not his. that
ha FIRST saw this note about the 9Th or
18th ~ last December when Bank Ex-
CONCENTRATIONS showed II TO him.
About the ON ~ August. Mr Stout
came down 10 my place ana said there
Ia an old note Of yours that has got
mixed % with the other notca In the
bank That d-n Jones has got ahnld
OF II and ! want 20 get A. ~ he T. max.
inE me trouble about ~. I could not
Hre how any trouble could arise over
cancelled note, but told him 10 ar
range some plan. iie aid. "You come
up 10 the bank and I viii give YOU tho
money TO pay n, Ho that. you can get
the note on Jones. when I went 10 the
bank he gave me a roll Of bills, telling
me 20 put II Into my vault and 90 come
In some day later ana pay II, ! did ~
and two or three days Afterwards went
IN and took out the bills and said 10
Jones ! tH-sifcd 60 nay the note Jones
murmured fonething ! could not hear
and went into the back room. Finally
! handed the money 20 Mr., Stout. ask.
inF him IN count Il. llo ala w. saying
the amount was $500 ilo then asked
Jones whore The note wnf, ana looked
for Il himself ile hunted Tor twenty
mlnutog but couldn't nnd the note. SIR
Rtoutt then gave mo a receipt Tor the
1880, faylnF n the noto was never
round I would not have 10 pay n, and
II found Il would be- given 10 mo.
wrote out check FOR & $50 and Stout
gave mo hack the extra $50 IN money
had not seen M 60 this time the
note l was payinF, ' thought was pay
ina one ~ the old Cancelled notes"
witnonH had signed some papers for
Mr.. Stout 10 helm him out IN his
showing before the directors. hut flgned
no note on July n. 1895.
THE NOTE ~ QUESTION.
The alleged forrcd note IN NJ follows:
s2.250 salt Lake city, Utah.
July n. 1898,
one day after date, Tor value re-
ceiycd. We ar either % M promise 10
nay "a tho order OF the Utah National |
bank. of salt Lake CITY. Twenty-Five |
hundred and nfty dollars, In u. $. gold |
coin. al the Utah National bank, SAT- |
Lake city, without defaication or dis. |
count, with interest AZ 20 per ccntum |
per annun, before and after Judgment. |
tThen follow thu usual printed atipu- |
N.an a. n.