The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1900-06-01
Ross Cowan Gave Bond and Will BE
Allowed to Operate the Print
ing Establishment.
SENATE EXTRACTION Bill
BILL
TEXT OF THE REPORT SUBMITTED
BY MIR. FAIRBANKS.
Bristow Recognizing the Cuban Pos
tai OBSERVATION-DISCLOSURES Rich
ON the Rack Again.

Deputy United States Marsal Foley re-
turned from Muncie last night at 1890
o'clock. He had accompanied Ross Cowan,
principal owner of the Nicely Printing Com
pany, after the hearing before Judge Baker
early in the day. He said that as soon as
he and Mr.. Cowan arrived In Muncie they
Immediately selected two men to appraise
the property of the Nicely Printing Com
pany. John F. Wildman. proprietor of the
Muncie Times, was selected to represent
the government and E. NJ. Scott, the pro-
prietor of the Central Printing Company,
the defendants. The appraisers got to work
Immediately, and in four hours time had
arrived at the conclusion that the prop
erty of the Nicely Printing Company, both
real and personal, was worth s4,s74.
AS soon as the appraisers had made oath
to their findings Ross Cowan Immediately
offered TO give bond in the attachment pro-
ceedings, and as Deputy Marshal Foley
had been instructed by Judge Baker to ac-
cept a bond in twice the amount of the
appraisement it was fixed at II 1000, with
the following persons as security: Henry
J. Keller, G. Coble, Lee NJ. Glass and c. II.
Anthony. All of the bondsmen. qualified in
the sum of $4,000 each, with the exception
of O.. II. Anthony, who made affidavit that
he was worth 800. 900 over and above his
debts. Deputy Marshal Foley will file his
return with the clerk of the Federal Court
this morning. AS soon as the bond had
been made out in proper form Mr.. Foley
turned the plant over to Mr.. Cowan and
departed for this city.
Ross Cowan, speaking of the reported
49,. - =
the business of the Nicely Printing Com
pany, and that some of the profits of the
company lave recently been used to apply
on his private obligations. last night made
the following statement: when the last
deal was made for the purchase of the
plant a mortgage of $4,000 was given to
Nicely to secure a part of the purchase
price. Since then there has been paid, in
different sums and at different times, al
amount aggregating nearly or quite 5000.
credits being given on the notes as pay
ments were mad As a matter Of fact.
some of these payments were made to cred
itors of Nicely upon his orders to that
effect, but so far as the company is con-
cerned such payments were made to apply
on its debt to Nelly, and in no way repre-
scented any interest of his in the business.
He has been paid no such interest since the
sale, his sole concern being in the payment
TO him of the purchase none secured by
the mortgage. When the notes are paid the
mortgage will be released, as is always
done in similar cases.
1T is not true that Nicely has any inter-
est in our business or that any payments
have been made out of the profits on his &C
count, except as l have explained.
w are again in possession of the plant,
and it's operation will not again be inter-
rupted. for we will satisfy the government
that our property is not property subject to
attachment on Neely's account"