The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1900-03-17

Mr. Freeman asked Mr.. Noycs 20 pre-
aucs the aerssmsnt hsswesn the bank
and the .ssignsss but Mr. Pisros sx-
oluded the question.
MIR. Freoman-On what grounds Is that
Question sxcladedf
The Rsferes-I don't give any grounds
whatever. You reed not snsTer the
question.
Q-was there any other document given
the assisness by any officer OF the bank
beaide the agreement
Mr.. Noyes-I don't recall any other
documenb.
Q-wasn't there an accompanying
document
Mr.. Noyes said that he didn't know
positively but that he wanted 10 look 10
up before he answered positively.
4 A bond Of the Crystal Water company
of Edsewater, First Mortgage b's, was
produced by Mr.. Noyes with the coupons
mn TO and Including that due July 1854
Q-whcse bond 10 that MIR. Noyesf
Al don Z know whether 1t Is mine or
whose It is. Similar bonds to this one
have teen deposited by the bank with .
committee. These bonds were obtained
as security for the Woodbury. s. Aoulton
loans.
MIR. freeman proceeded to ask questions
concerning the contents Of the agree
ments made by the bank and the as
sisnees. Mr.. Pierce excluded all these
questions saying the agreements them
selves will ell be Before the court MT.
Freeman said that he was very sure that
the documents would not tie brought be-
fore the court unless he got them there.
MIR. Pieros said that at the proper time
the trustees would produce the sgsee-
ments In court.
Mr.. Freeman said that MP to this time
the aareeUents had not as yet been taken
up by the referee.
MIR. Pierce went on to say that he did
not propcss to lumber up the case with
any Unnecessary testimony. He said
that If at the proper time the agreement
was not produced In court an Injunction
would be Issued or the holders Of the
agreement brought before the court for
contempt.
MIR. Noyes at this point said that he
had no personal objeotlon to answering
any questions about this agreement.
Mr. freeman asked what change had
been made In the security on Woodbury. &
Moulton Of the bank since July I'D, 1863
Mr.. Noyes said that there had not been
a change In the security OF over %, 200
since that time. There had been some
change In the CURLY but 1t was made
by Mr.. Montgomery, the assistant to Mr..
Noyes. When he made the agreement
with the assigDees 1t was by specific In
s.ruotions from the board OF managers.
Tie agreement was passed upon by MIR.
A, W. Coombs, the counsel for the bank.
O-Mr. Uoombs is nov the trustee Of
the bankrupt estate.
Ayes, be is now but he was not then.
Q-Does this agreement show she entire
agreement made between you aud the as
signses?
Axes.
Q-What officer of the bank appeared
for the bankp Lss
MIR. Pisrcs-That question Is excluded.
MIR. Pierce said that Mr. Frseman was
only consuming time and costing his
cl,ent a large amount of money.
mir. freeman protested against the use
Of this language by the referee and said
that 1t should not go into thsreoords He
said 1t was little more pertonal than he
should care to be although he had been
much tempted At times.
MIR. Freeman then asked to whom the
agreement was delivered and Mr. Pierce
said that 10 was none Of Mr.. Fresman's
business and that he should exclude ali
questions of this character.
Mr.. Freeman asked Mr.. Noyes what
conversation he had with the assignees
at the time this agreement was made
Mr. Pierce ruled out this question
and all similar questions which followed.
Mr.. Freeman asked If Mr.. Noyss knew
when his bank made an agreement with
this sssignees that other hanks were max.
ing similar agreement
The question was ruled out.
Mr.. freeman asked what consideration
was offered the bank to induce them to
enter into the agreement.
This question was als1 excluded.
MIR. FIeemanEasked Mr.. Noyes II hs.did
now know OF any hank that made q
similar agreement with the ssslgnees.
MIR. Pierce ruled out this question on the
ground that 1t was inlmaterial.
MIR. Fresman-ImmateriAl 1t strikes
me that IL Is material to find out what
became or the assists Of Woodbury. &
Moulton which he was trying to find.
Mr.. Pierce said this all appeared on the
records.
Mr.. Freeman asked Mr.. Noyes II thu
ssignees had told him they intsnded q
little later to put the firm into bank
ruptcy. The question was excluded as
we're half dozen other questions Of q
similar chsrao ter.
Mr.. Freeman asked what was the GUS
tom of the bank regarding the examina-
tion Of and transfer of securities.
MIR. Noyes said thAt be had bssn In
struoted by his board not to answer any
question pertaining to the domestic con-
oarna Of thethank and would nrefer mot to