New-York tribune., 1908-03-08
SUES MORSE DIRECTORS
Continued from first page.

disposed dis Of for the sum OF $3.50 leaving yin g bal
ou any stock or securities said amogpt
@ coz amy IN b toesed r 5Rq os osn s2a esns in
bank represented by or as against the COS, nh THIS
transaction therefore. the said bank has lost sZs
500 80 less the value if any OF sald aieS Two DER
shares remaining on account OF the so-caiieu O
loan a. Mill ne LARGO 1oss to the said bank. It's
stodkholders and creditors upon this transaction.
the precise amount of which cannot yet be ascer Ger.
estmate win be moi less than s;sv.r $500 Cur.
M the Gds Sor5a
said Charles r Barney had knowledge Of paI,1c
disposition of the said four thousand shares OF
American Ice Securities Company STOCK
PURCHASE ON BOOKS AS LOAN
On or about October l. 1906, the said the Ma
tionai Bank of North America in New York pur..
hs eap itG stock e of he American Ice
sum Of $4,000 and and Sss on ssIa sbarae day
Ter of this purchase concealed and covered by
@ os the 9o on ee on ths e
said shares OF stock as cGaera I bas
knowledge of nor interest in the said transac-
n on 0e Becember @ I5 os $4,000 was BY the
said bank and for dividend upon sad s 2oGS :o9S
so-caled loan account and upon the same a date ,s
said bank charged against its commission account
and credited upon the said so-caled loan the sum
of s12,500 and for loss to the said bank upon
These itensnaInely, ss5oe and .ls,5oomTs-
Der is. 1906, from $4,000 to s164,0Oo. On De-
Sanng further rEe faen the said bank charged
against It's commission account ana ao credited tied up upon
oSs to the sd bank San saa 59ca s sayDs
STOCK souhns By said
Count on June a. 1s5., $4,000 paid to the said
osn acaoun ' and on p July g 1901 an
additional payment Of $4,000 was made to the said
amount of said socalled loan account to s1oo 600 at
Hpon whch date the said bank Charged or trans
ferred the said two thousand shares OF stock out
and bond account of said bank at $4,000 leaving
which amount said day The said bank charged s
IN h aid Whns
Charged at $4,000 into the profit and loss account
the books of said bank and credited to the stock
Upon this transact.on therefore the said l. bank
Of S said aid two tho9sand shares remaining saId
beTe will 6a be os 10 ff sad
ton, the precise amount of which cannot yet be
sss eaat by # % Ss sat
It's and the aaid Charles + Barney had
Of participated in, approved and assented to the
American Ice Securities Company stock.
MALLORY STEAMSHIP DEALINGS.
bank 9o" Of SdfS America M sS h tS Sew vsa York s
chased 5000 shares of the capital stock OF the
Rad d0G tSeefor the SUM q and
sold or disposed of all of said stock without loss.
to- % o td15 n at s3 6se,Sr or
or nof 5he f6 Srf the e said The said note is past
due and has not been paid, and there win be a
large loss the same to the said bank It's stock
holders and creditors the precise amount Of which
cannot yet be ascertained by your orator, but ac-
s5qHs sscooc 10 MS 0ss' eS''1'e VIII "'' D' ,'S ~
the said Charles + Barney had Knowledge Of and
participated in, approved and assented to the pur-
ship Company stock
At sundry times from January s. 1907, to June "A.
said National America
in New York bought and sold and traded In up
Chase National Bank Of the city Of New York in
remaining in the said bank l7o shares of said stock
at cost of slb,649 02. which said amount as the
to the % said bank, its stockhoders and creditors,
less the value of said @ i5O @ shares Of is STOCK , e..
stockholders and creditors upon this transaction.
tained by your orator. but according to his best
estimate it VIII be not less than 81 ESQ sC,,s
m Gates and the Said Charles + Barney had
sentsd to, the purchase of said Chase National
Al divers dates between April 70, 1906 and April
assoPnt ana carried so6 ppSn S is books
capital stock, Of the Delaware & Hudson Com
pany and sold the same at divers dates at there
said is a total loss TO the said bank, its
he ana me4s ae Cur
lis. Gates and the said Charles T Barney had
sented to the purchase and disposition Of the said
Let shares
& Hudson Company.
LANDS PURCHASE COMPANY.
ON about January Il. 1907. the said The Ma
Chased $50 shares Of the capital stock Of the
Lands Purchase Company. a corporation owning
tan, city of New York, known as No. 81 Wall
ae the sRd sum P@e of and has since
and bond account its books. There will be
a large loss 10 the said bank its stockholders and
which cannot yet be ascertained by your orator.
but, according to his best estimate. 1t will be not
The directors, Morse. Flager Havemeyer, Cur
knowledge of, participated in approved and as
sented to the purchase or the said $50 shares
EXCHANGE BUILDING ASSOCIATION.
Prior to November % 1895, the said The Ma
tional Bank of North America: In New York;
owned $500 shares of the preferred stock and
500 shares of the common stock of the Wall
Street Exchange Building Association, corpora
ongh of Manhattan City OF New York, known as
Nos. and 43 Exchange Place. u part OF when
9s it's efice The capital stock Of said the Wp
Street Exchange Building Association consisted
10 600 shares of preferred and 10000 shares OF
common stock. so that the said bank 50 owning
mon stock controlled the ownership and manage
5 m Sf en 2 1893 and on divers dates in
December 1906. and On divers dates In May. i~';
the said bank m ,dSS & Of feon m
Stock Of said Wall street EXehange Building
900. and thereGpon caused the same to be put
upon the books Of the said bank IA and o Sarrsd led
count At ssoooo or par value for the 800 shsred S.
the said bank. its sockiolders and creditors have
said 2soc shares OF the preferred an and e., 2 500
shares Of the eomon stock OF the said wall street
Thers viii be large loss this transaction.
the precise amount of which cannot yet be
mod by