The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-12-19

said, but l shall not state what he said
for reasons already given.
Q. Governor, whilst you were Cover
nor, and about the 3Oth of October, 1900
do you remember that there were certain
bonds filed with the State Treasurer Of
what are called here second mortgages
bonds, to be exchanged under the Act
of 1879, by man named Lichtenauer, of
New York, and that after these bonds
had been cancelled and the new bonds
prepared, dispatch was sent either to
yourself as Governor or to Mr.. Worth
as State Treasurer, recalling these bonds?
(Same objection.)
A. Yes, l remember the incident yes
sir, | think / advised Mr.. Denmark to
make that record, or Mr.. Worth.
@. Look upon the paper handed you
and see whether or not you think that it
correctly represents what transpired in
relation to that transaction?
(Same objection)
A. I think it is. My recollection is
that Mr. Ricaud. l think it must have
been, do not think it could have been
Mr.. Iichtenauer as l never have seen
him, telegraphed me and asked me to
see MIR. Worth and get Mr.. Worth to
hold up the funding of certain bonds as
the owner of them would probably want
them withdrawn, and | think | showed
Mr. Worth the telegram perhaps, or asked
him to hold them up until he got orders
from the owner, for some time after that
7 suppose perhaps I might have been out
of the Governors office or out of Raleigh
might not have thought of it, or some
thing. Mr.. Worth mentioned to me some
thing about it and / asked him to hold
it up until he could hear from the party
who had telegraphed me, and a few days
after that telegram came to Mr.. Worth
asking him to return the bonds | think
he brought me the telegram perhaps and
said that he had already cancelled the
bonds told him that it made no diff
ference that the owner of the bonds was
entitled to withdraw them If he wanted
to at any time before the new per cent.
bonds were issued, that I thought he had
n right in law to do that, and besides
the State did not care to grab man
bonds and try to hold him to a contract
that was without consideration against
his will and I thought he ought to re-
turn the bonds with the certificate on
each bond showing why it had been can
celled, and I think | went into MI.
Worth's office with him, and perhaps at
his request I dictated that certificate. l
think Mr.. Denmark took it down in pen
ell on a piece of paper, and l presume
that he afterwards put 1t on each one
Of the bonds. and I think | said to Mr..
Denmark or to Mr.. Worth or to both OF
them that he had better make a record
of that on his bond book, which 1T seems
that he did by this record which you pro-
duce now.
Paper offered to witness, indeXed and
marked Exhibit)
O Can YOU now recall from whom the
second telegram mentioned in your last
answer came?
(Same obi ection.)
A. My impression is that Mr.. Worth
had a telegram from the owner himself
Lichtenauer.
O Did YOU at that time know that Mr.
Ricaud was associate counsel IN this case
was counsel for the second mortgage bond
holders?
(Same objection.
A. Why, yes, I think I did.
O DO YOU know now that these eight
bonds are now held and owned by Schaet-
fer Bros, and if not by whom are they
held?
(Same objection.)
A. think they are hold by John S.
Armstrong, of Wilmington, n. I.
.. DO you not know that they went INTO
the hands of Simon Schaeffer or OF
schaeffer Bros, when Lichtenauer parted
with them?
(Same objection)
A. know that from having read the
depositions in New York wherein Mr.
schaeffer stated that his brother simon
7 think. bought them from Mr.. Lichten-
aucr.