The Portland daily press., 1900-03-05

srags was %. For the Crystal Sc the
lowest rate paid was 50.
Ma. freeman thsn asked . good many
questions REGARDING the firms endorse
| fpsnts op the accom- nodation notss Of The
Crystal Water COMPANY. Thye we're ei6.-
90 OF thsss notes ssd Mr.. Woodbury. re-
hcarssd again The cause OF the failure Of
tion note was allowed % 60 to protest..
Mr.. Woodbury. said that he never knew
that the Crystal water oompsny was In
any way connected with We Ramaps.
He asid that 70 weph have made no
Difference 70 him whether the kanaPo
deal In New YORK went Through or not.
sion between The Crystal Water company
| and this schems. :.
Mr.. Freeman asked Mr.. Woodbury. II
he had any personal property - his
house on November sd which wac NET
included In bis schedule qnd ought 70
On November LIST, sl450 was paid NJ.
Underwood for his legal ssrvices and this
payTaent was ordered BY tslesvaph. One
thoussnd dollars was for legal services,
aud the $3.50 should have been charged
gainst the Canandsigus account
Mr.; Ocomos, the trustee. a. ssis point
from the Canal bank book to So II Q
eould have them redeemed:
MI. Wo sdbury said that he beugbb 400
shares of Great Northern Preferred In
1898, putting up % . margin =, 600 which
he borrowed from his wife asd he sold
them in February Is, 1898, making about
%, 600 on them ami this With the 5000
be deposited In tbs nrm TO OFFSET his stock
account which had been overdrawn.
Mrs. Woodbury. had full power In the
absence of Der husbsbd to draw checks
on Mr.. Woodbury's acoonnt and thsy
were charged mp AGAINST him.
Withdrew his wife's balance 10 Wood.
bury e. Moulton after the assignment
and gavs the amount, go, TO his Wits for
some bills which were pressing. Subse-
quent 10 the fling OF the firm. sohsl-
ulss Mr.. Woodbury. spoke 10 NJ. VerrNl
about 10 and Mr.. Verriil said IL vas not
said that he then offered the money TO
Mr.. vsrrill but Mr.. Verrill told him the
matter should be fixed with the trustee of
the estate.
Mr.. Freeman now referred 20 ths over
draft Of about q, coo on the account OF
law Of Mr.. Woodbury.. The latter said
that 81, eco each In Denver and Argentine
Water COMPANY bonds secured this over
draft. Mrs. Ten Eyok, D sister Of Mrs
Woodbury., had an ovsrdraft Of 1854 which
had been long standing on the books.
mr.. Bfeemhu bolu NO uuo kosu tu =
agreements made By the assignees- with
the different banks and Mr.. Freeman re-
qussted that thess agreements be put In
the bands Of some one so that the legal
situation regarding them might to known.
He asked that thsss agreements which
the secured creditors and the notes sur
rendered by them he taken IN charge BY
the trustee. There 10 string attached
to some Of these agreements" Mr.. Free
man eaid, $50 ] understand there are
some things which they Garry with them
which are not set forth In them." Mr..
Freeman said he believed this matter
sb ould be settled.
Mr.. Vsrrill started to reply 10 Mr..
Freeman but the referee said that no ae-
ton could be taken In this matter until
formal petition had been presented. he
said he believed is to be the duty Of the
trustee TO act In this matter and that the
sssigneeI should render to him . full 90.
count Of oil their doings.
Mr.. Freeman said be had no further
questions to ask and the referee adjourned
the hearing.