The Portland daily press., 1900-01-27

National bank. what was the obJect OF
that transferf
Alt was deposit a the Canal banh
for our credit
Q-why was IL brought from ths
Liberty National bank 70 the Canal
bankf
Alt was simply transfer.
Q.-why did you do 1T
A.-To increase our balance at thu
Canal bank.
O-why It'd you Wish 10 do thisf
MIR. York hesitatsd and then said som
balance varied there.
Q-Did you hsvs any idea you would
use this particular monsyf
A.-No. 1t was 10 incrsase our deposits.
Q.-whnt had you planned 60 do with
that money. What were Jon 20 use 10 for ?
Awe were using money all the time.
Q-There was smother one on Octobsr
s7th for 5000 for this Canal bank. What
did you transfer that fors
A.-To Increase our balance at the
Canal hank.
|. Q Was that ALI
| Ayes.
L lQ-You didn't intend 20 use ~
/ Alt was TO increass our balanos.
Q-On October 2&th there was another
] check drawn to the erder OF W. H. Moul-
tor. formerly your partner. What was y
drawn forS
/ Al don't know.
| Q-You can't tells
| A,-For some transaction. IL may have
cen for coupons for which he wanted
NV York funds.
Q-What was the oheok for $50 on No
yembsr 1stf
Alt was for remittance to the Wheel
er and Wilson company for . note We had
collected for thsm.
Q.-You were receiving money % that
dayf
A.-This didn't belong to us.
O-what was ths check for $7Ss drawn
October 3llt and what was 1t intended
for2
A.-That was check to tho order Of
Knickerbocker Trust company. 1t was
for Interest due on Argentine bonds
which we had agreed 20 pay.
Q 1t was loan to the Argentine
Water company
A.-Yss.
Q-whsn was 1t sent of. what part.of
the dny?
A.-Thsre is nothing to show.
OFT may have been later in the day
when you had come to the conclusion
that You were ius,lysnt!
A.-Yess
Q.-So you were loaninH money after
you were insolvsntf
Ayes we had not assigned at that
time. u seemed 10 me everything ought
to 20 on until saw Mr.. Woodbury..
Q.-Even TO the reception Of dspositss
Awe received them but did not keep
the funds.
Q.-wsrs the identical fands restored in
every oasef -
A.-Yea.
Q.-s5 bills numbered 3, and SO were
handed baokf
A.-Thst's my beliaf.
GA slip pinned to tbs billss
A. That's my mina.
Q.-To ths coinsf
A.-Thsy WsPs laid aside.
O.-You had lots OF little slips and piles
of money lying about on your oountsrf
Ayes.
Mr.. York That check for s7ss was not
paid. 1t came hack SO the loan was of no
effect.
Q.-what was check No. 5.275S
A.-There Is no entry on the account Of
any such check.
Q.-NhsIe Is the checkf
Al don't know.
Q.-Was Ii destroyed
A.-ProbAbly.
Q.-Why wasn't the stub marked de.
stroyedf
Al can't say.
Q.-Another check was marked de-
stroyed. Why wasn't this one SO marked
Al do not know.
Odd the check for 5000 payable to
the Canal Nationl Bank drawn October
3ist, suocssd In transferring those funds
20 that bank.
AYES SO far as I am able to say.
O.-But the check to the Kn'ckerbocker
Trust company dated the same dry didn't
set around In timer
A No.
Qe-lne new 1ork p0opie WIRE not
quite az swift as the Portland peoplss
No.
O.-6eing hack to the loans on June
1t there was laan Of $1,000?
Aye
Odd the prooeeds Of that go to take
up all olu hottest
A.-No find no entrance Of Il here.
- hat was new loan:
A.-Yes.
O.--On June 26th did you borrow $40,
DOR
Al ind no such loan recorded.
OIL was drawn on the Peoples Say
ing's be nk Of Worcester for $l0t00i
Ayes, we borro wsd that money but
rossibly not en- that date. The date on
the cssh book 10 July IL, 1889.
Q.-Whioh Is correctf
Al can't say.
Q.-Ons Of the books IL In errorf