The Life of Phineas T. Barnum by Joel Benton

The Life of Phineas T. Barnum by Joel Benton

Author:Joel Benton
Language: eng
Format: epub
Tags: biography, life of, Phineas Taylor Barnum, PT Barnum, circus, circuses, freakshow, hoaxes
ISBN: 9781781663998
Publisher: Andrews UK Limited 2012
Published: 2012-06-12T00:00:00+00:00


CHAPTER XXVI. IDLENESS WITHOUT REST.

ANNOYING PERSECUTIONS OF CREDITORS - SUMMER ON LONG ISLAND - THE

BLACK WHALE PAYS THE BOARD BILL - THE WHEELER & WILSON COMPANY

REMOVE TO EAST BRIDGEPORT - SETTING SAIL FOR ENGLAND.

In the summer of 1855 Barnum had sold the American Museum to Messrs. John Greenwood, Jr., and Henry D. Butler. They paid nearly twice as much for the collection as it had originally cost, giving notes for nearly the entire amount, securing the notes by a chattel mortgage, and hiring the premises from Mrs. Barnum, who owned the Museum property lease, and on which, by agreement of the lessees, she realized something like $19,000 a year. The chattel mortgage was, of course, turned over to the New York assignees with the other property.

Barnum's widespread reputation for shrewdness was, in his present difficulties, destined to be the cause of considerable annoyance to him. Certain outside creditors who had bought clock notes at a tremendous discount, believing that Barnum's means were still ample, made up their minds that they must be paid at once without waiting for the sale of the property by assignees.

They, therefore, took what is known as "supplementary proceedings," by which is meant an examination before a judge, compelling the debtor to disclose, under oath, everything in regard to his property, his present means of living, and so on.

"Putting Barnum through a course of sprouts," as they expressed it, came to be a very frequent occurrence. One creditor after another hauled him up, and the attorneys would ask the same questions which had already been answered a dozen times.

This persistent and unnecessary annoyance created a great deal of sympathy for the man, the papers took his part, and even the judges before whom he appeared, personally sided with him, although they were obliged to administer the law. After a while, the judges ruled that he need not answer any questions propounded by an attorney, if he had already answered the same question in any previous examination.

In fact, one of the judges lost all patience on one occasion, and said sharply to the examining attorney:

"This, sir, has become simply a case of persecution. Mr. Barnum has many times answered every question that can properly be put to him, to elicit the desired information; and I think it is time to stop these examinations. I advise him not to answer one interrogatory which he has replied to under any previous inquiries.

One consequential little lawyer commenced his examination in behalf of a note-shaver, who held a thousand dollar note which he had bought for seven hundred. After the oath had been administered, he arranged his pen, ink, and paper, and in a loud tone of voice asked:

"What is your name, sir?"

The answer was given, and the next question delivered in a louder, more peremptory tone was:

"What is your business?"

"Attending bar," answered Barnum.

"Attending bar!" exclaimed the lawyer; "attending bar! Why, I thought you were a teetotaler."

"So I am," declared the witness.

"And yet, sir, you have the audacity to assert that you peddle rum all day, and drink none yourself?"

"That is not a relevant question," said Barnum.



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