New-York tribune., 1908-10-30

.-.o--.,r.oa Az battlefield. jumping 20 his feet
He need not do anything OF the kino'
JudSe Ho,lgh. The response was IN no way ma
teriaI 10 the issues involved here ~
The character witnesses called by eN-'uus
tam NJ K Olcott on behalf OF Mr.. Curtis al ed'o
the former president of the bank an ex'eipe" ~
tation for strict honesty and business integrity.
aon.t believe that Mr.. Curtiss friends beheVe 'iia1
he could tell a lie II he wanted 70. was 'N ~
Colonel Thompson put IT
The other character witnesses were AIeNanu4
Gilbert president of the Market ana Fu''ol N
tioneI Bank and chairman Of the Clearing t'o"So
committee. Jennings S. Cox. a retired orohei -
II Wilcox retired member of the Stoch EN-
cbsnze. Lewis e Pierson. president Of the irving
National Exchange Bank; James X Cur'Sh' -
president Of the Carnegie Trust Con1pan!
I. Richards president Of the State BailA' i
e FilIiara cashier Of the Home Lie insurance
Company; John H. Flasler and Dr' Hi0eii'e i1"i
mond- -. .Ao
Mr. stin1son asked Colonel Thompson aoout tho
overdrafts OF Mr. Morse October Is OF last go @
.eTbere is not a broker doing business in wall
Street who does not overdTaw his oank acCouii'
every day" was Colonel Thompson's reply he
brokers have no way Of knowing in ADVANCE No"
much money they going 10 need Tor given
days business
Colonel Thompson said that usually a broker sent
a note TO his bank IN the morning 10 cover any
overi-aFt hut he added that this was not always
done. II made no difference to the bank he salo'
whether the note was received before or aiter ue
days business When asked ABOUT the 'eip'l'
guarantees which Mr. Curtis had testified ne ac-
cepted from Mr.. Morse on the Ice STOCK tiaLeao 80
tons the witness said: Any director would nave
been insulted if his verbal guarantee hau pee"
questioned II one of the directors had broken MS
verbal guarantee Mr.. Curtis would have soio out
his guarantee the drop OF a hat
with the character witnesses for Curtis out OF
+he vyav Mr Olcott announced that he rested the
case Of his client. Mr.. Morse will now take the
stand" said Mr.. Littlefeld. whereupon the former
ice king" stepped jaunty TO the witness chair
and was sworn. Mr- Morse seemed well at ease.
but smoke in such a low voice that even the Jurors
had difficulty in hearing his answers. Nj Mac
farlaue examined him
Mr.. Morse said he was born in Bath, Me, and
was graduated from Bowdoin College in 1871. Five
wears later he came to New York. He said he first
r,.sred an interest in the National Bank Of North
America in 1872 As ce-president he received no
salary although all the other officers were paid
In explaining the duties of his secretary, Miss
WiIson MI Morse said she attended to keeping his
hank account straight, made loans. drew checks
etc
-cld of the formation Of the American. Ice Com
pany He said he had recollection Of the various
Ice loans without consulting data but he thought
the Carroll loan was s1S5,o0. The witness recalled
b,vins, the Ice stock, but he said he didn't re-
member details Of the loans.
Mr. Morse said that he told John F. Carroll he
had been carrying the Ice in his name long
enough and that he (CarrolD had made enough on
& He told Mr.. Curtis, he testified. that he was
going TO buy part of Carrolrs Ice and give the
bank the profit, making loan Of II. He said he
knew Mrs Celshenen and attended to Of her
business affairs
on January 9 1875 Mr. Morse recalled that ne
received SIS 900 from Mrs. Gelshenen and made an
investment for her in Ice. He purchased four
thousand shares at $40 a share He carried the