The Portland daily press., 1900-01-25

was not tookk eper. aud he left all OF
this 10 Mr. DserinR.
q Had you entire eo,adence In himf
Al suppose be vss an efficient b,ok-
keeper.
Q.-Don't you know whittier be kept
the books prupsrly OF notf
Al believed he did. had entire COZ
fldencs In him.
q Had you any other ground for
knowing whether the looks were kept
properly besldes your confidence In him
A.-That was ground enoush. No.
Q.-How many tiekiers did the firm
kept
Al don't know.
Mr.. Freeman asked about the check
books and it was brought out that the
stubs would show III payments made by
the firm. The firm also had 30 or 40 let
assignees.
MIR. Woodbury. said that the hooks Of
the Crystal Water company, Colds borough
watsr company and the Fort Smith Wat
or company were not kept In the office
Those Of the Jacksonville water co,npa-
ny were kept In the office. The Crystal
Water company sent monthly balances
to the firm.
Mr.. Woodbury. said that he Was the
president Of the Omaha Water company
at. salary of $500 year and had been
for two or three yesra
q What was the usual method Of dis-
posing Of ssouritiesf
Ave found acustomer for them
and then sold them, and also had man
ON the road. f+-f4.
Q.-Did you pay commissioriss
O We might have paid com missions
to cashiers when they brought US cus-
toner, but don't recall any instances
of this hind.
q VIII all gratu,tiss or commissions
appear on the booksr
Ayes.
Q.-How much cish on hand did you
turn over to the sssigneess
A Il can't recall.
q -Between November l and the i'll
ing of the schedules was there any
change In the amount Of cash In the
cash drawer?
Al cont know.
Q What time did you make the as
signmentsf
A.-On November LIST. about 8 O'Clock
In the evening.
Q.-when did you first discover that
you were ipsolventr
A:-Novembsrl st.
Q-When did you determine to make
an assignment
A.-After business hours.
Q.-What brought you to the conolu-
sion that you must make an assignment
A.-The protest OF a note on which we
were the endorsers.
@ What was the amount of that note2
A. sac
o.-was that the first suspicion you
had that you were insoiysnt when your
note was protestsds
A.-Yes.
Q.-Prior TO that time did IL ever Co.
cur to you that the sum of u. 0e0 stood
between you and Insolvency?
Alt didn't.
Q.-was that what caused your fall
ursf
A.-No. we could have paid the d 200.
Q.-Why didn't your
Alt was the cause of the protest
which brought US to the conclusion that
we were insolvent.
GLOW did 1t differ on November /
and few days befores
A.-The notice that the note was pro-
tested was received on noon on October
81. l was not at hons and when ar
rived Mr.. York told me about It
Q.-Was the notice from New York;
A.-Yes.
Odd 1t come in the regular New
York mail?
Al don't know.
Q.--To whom was 1t addresfeds
Al don't know.
Was the note endorsed by your
A.-No, by the firm.
. In the natural course OF events
wouldn't the notice by addressed to the
iirms
Al suppose 1t would.
Q.-And wouldn't the mail be opened
by MIR. YORK;
Ayes, in my absence.
Q-Was this time noteP
Ayes.
Q.-How much time?
A,-Four months.
Q-For four months you knew that
this note would come due?
Ayes hut PRIOR to November l had
no suspicion that 1t would not be paid.
We were merely the endorsers of 1t. 1t
was an accommodation note and we
thought It had been paid.
Q-Didn't the condition Of your books
show any suspicion that you were not
solventf
A.-No.
Q-As far as the looks were concerned
You were enirely soIvents
A.-Yes.
Q.-1o what extent were you involved
A.-Abou 5000 coo.
Q.-After striking a balance, how much