New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-29

siti4 s,si,c re iueguH 'yneet' &C so-e Of ,,sm
=, sn,..iu4,t c.s be msse On Mr. Farley. i.hs.by
'..4 smour, d work saTssdy dooe-
R-l.i.rs Par ~yrs'i Etr-t... Nistl o. Fi~vru
Crs5s YRy sh -tf < ksi y T. H"'ea'H ae~u-
n, tho "a Decembsr, 1870, contrsct wss made ~
Al : Tsvsor taen Street Commissioner vita
on T.vlor 10 egul.te curb, grsde Sni ilg Fifty.
,.yenth street. Eighth 20 Eeyeoth aveuue by him
ssred - Cd sEis DeVn snc by him assigned to Clris
tnrj eT C Els who assigned the same 10 the Bowey
R.rt Soon after the Bcwery Bank vert into the ha n
OF John A. St4wsgt a. Receiver, apple alton was made
for a rsyment On this contract. Be ore ,klog tlis
psyneLt the CooiTo-er hHa the work examined b..
Dame, Even who reported that the measurements OF
Johr T. Dodge the surveyor on the Job. in three
,,fco.es made by him. were not essentslly different
from the measurements made By himself
The total amount of work done, -hewn by Mr.
Do9r. .uouBt- - % O
Lea Per 419i 81
R.,pc- IN $50 a.
On the It'll of December, 1857. a 4yment wa made
IN Mr. Stewart Of f. 900 in assessment bonds, leaving
s vss supposed at that time the sum of NJ Of the
"a ner cett or 1879 OF the whole amount Of work
done. After this payment was made 10 Mr. Stewart,
il was discovered that the OF 81 l3 % had been
p.id 10 Mr.. Ellis, Oct. 9, 1871.
In tbis case Mr. Ellis received bonds to tie smOunt
NJ a. 300 which, as he says were intended "a An ad-
vance on bis contract Flftyseverth street No
cet however taken from him at thu time, and Mr.
Smith instead of charging the bonds to the contract
on Fifty seventh street, made the following entry on
his book, VIZ ,,r.,,
chl OBSERVATION-DISCLOSURES. 6a3 rs
IS ses So
The charge in this form would not b. posted to the
contract of Mr. Ellis Fftv.seventh street aud whe n
Mr. Ellis and the Receiver OF the BoSery Bank sme to
the Controllers Office TO make settlement under the
assignment, the books appeared as il nothing had
been paid on this lob. On the computation INSIDE up
from the Surveyors return the Controller decided 10
nav only s. 600 which was fifty per mt on the whole
amount of work DONE and thus the account stood until
the examination showed the issue of bonds tn Mr..
Ellis on Seventy eighth street, where he had been fully
paid.
receipt for the bonds Fiffyseyenth street and he
Jaws Mr. Smith did wrong in charging these bonds to
the lob on Seventy eighth street. AZ the same date
of these bonds check given 10 Mr.. Ellis for
$685. o. 1t has his Endorsement on the back and yet
he declares that the avails were not received by nm;
but, as be does not explain who had the money, he
will be required to pay the amount OF the check 10 the
settlement Of his account Fifty-seven.h street,
which is sufficient, after paying the sum due on the
assignment >,
TRis Gaze most strikingly illustrates the object
which Smith and his associates had in charging to nc.
titous or psid up Jobs checks and bonds which had
been issued on Jobs actually in progress. Thus, II
this =. 1913 10 payable Fity-seyenth street and
CHARGED to Seventy street had not been scov.
cred the account of Mr.. Ellis with the Bowery INK
would have been paid, WITH a loss to the City ana a
gain to the recipients OF the bonds and check OF
- 1913 &c.
TIE Committee adjourned for one week.