The New York herald., 1874-05-06
BROOKLYN TREASURY FRAUDS.
Seventh Days Proceedings In the Trial OF
Cortland A. Sprague.
CHE PRISONERS EVIDENCE.
The Case To Go to the
Jury To-Day.

As the Sprague trial draws to close the inter-
est In the increases and the Court OF Sessions
room cannot accommodate the people who apply
Tor admission As soon as the doors are opened
IN the morning the crowds gathered In the corri-
dor rush In, and in . very few moments every
available space Is occupied. The atmosphere IN the
court ro0m Is almost Sliding.
Yesterday morning Mr.. sprague was again
called to the stand, and Mr.. Van Co.t continued
the cross-examination by nquiring as to the prop
arty acquired by the witness after he became
Treasurer. Mr.. Sprague sad he acquired $6 500 OF
sewing machine stock, $1,000 OF life insurance
stock. $4,000 OF Prospect Park bonds ana trot-
ting mare worth $4,000. He did not transfer
any OF this stock to Mr. Chauncey. In July or
August 1874 ne raised $67.O00 by selling Dixon
manufacturing stock for $4,000, borrowing $4,000
from Surrogate veeder on car stock, borrowing
$4,000 from Mr.. Low on car stock, borrowing
$1,000 from Mr.. Sanger car stock and in other
ways he could not remember. Most OF the bust.
ness was done by Mr. veeder, and he knew how
AL the money was raised.
Q. Let me help your memory. Your Eagle stock
was deposited IN the Trust Company as collateral
for $45,000 Did you not take 1t out and sell IL for
surplus A. took it out and sold 1t for 500 900.
O. So, in addition to the securities stated yester-
day, there were these new securities in your pos
session. A. They were not in my possession;
had borrowed money on them, ana they had gone
ont Of my possession.
q @. They had not gone by act OF Mr.. Roiman
A. No. sir these securities being pledged was the
reason did not transfer; there was among my
securities o note OF Muiiord d Underwood for
535, ,00O given me Tor my interest in the nrm; this
interest was in part made up by my transfer Of the
above securities to the firm.
Q. Yesterday understood you to say that the
nrm OF Milford b Sprague was still In existence
A. The firm now Milford h Underwood; under
certain contingencies
MAY BE REINSTATED,
and the old firm be revived again.
Q. State what property you had on the 1st of
January, 1882 A. IL mad property IN New Jersey
estimated at $4,000; this was the Pas5aic prop
q. what other real estate had yous A. I had
recOllect any other real estate; the membranes
on the two properties were 81. 900; paid Tor the
Willow street house $4,000, leaving mortgage OF
q. what amount OF cash in hand had you on that
dates A. Ny interest was nearly all in the drm Of
1uli0rd Sprague, worth, l thought, $500, 600;
owned the Dixon Manufacturing Company stock at
Q. What What other stockss A. / owned $4,000 Of
bonds Of the Union Coal Company at that time; /
may have disposed Q, It before that time:
@. What other STOCKS A. had So 100 OF Union
Oar Spring Company's STOCK, winch supposed to
Q. Did you dispose ofits A. Yes sir
Z. WhenY A. lgave u to Mr.. Schroeder; the fur.
niture and live stock had was valued at $lO000
Mr.. Rodman had nothing to do with IL; part OF my
Chaunceys hands; | sold my interest In the firm
OF Mullord Sprague lor the note OF $780, 900; had
withdrawn from capital and profits from the firm OF
Milford Il Sprague about $40, 0yO up TO July 1873;
1 paid the bills OF the firm In Pennsylvania which
iailed ont o. my salary M Us salesman in New York;
Q, Had you ever before January l, 1859, paid
taxes ON more than $1,000 on personal or real
estatef A. think have; my income tax In 1859,
1870, 1871, 1872 anu 1873 was attended to by Mr..
ROdman; don't recolect abOutit.
@. VIII you say That any one OF those properties
were used by Mr.. Rodman to borrow money ON,
except such properties as he has namedP A.
one OF these collaterals were taken by RodmaI
from the iron box; haven't heard that there is
q. Did you not testify yesterday that Rodman
had c0llaterals Of yours, when you went to him to
tor sae @ ssock Roa
man money from time to time 20 get back my col
THE SINKING FUND WARRANTS.
rant, signed by three Commissioners OF the sink.
able TO tue order or G. A. spraRue CITY treasurer
and state whether 1t Is your signatuIe the bot
and the aha oi Maor and
the gentlemen whose names are signed here were
the Commissioners of tue Sinking Fund at that
tune; don't think ever read the act respecting
the sinking fund;
% OF the Commissioners from Mayor KalbneiSch.
Q. What did you do with that draft 2 A. My
impression is that loaned it to Mulford and
Spiaguc on q note OF the clerk, J. G. Underwood,
and Endorsed MulfOrd and Sprague
q, Look at the warrant, June 8, 1862 for $25 900,
signed by three OF the Commissioners or the Sink
inR Fund and payable to the order OF o. A. Sprauue
and state IL it is signed by the Commissioners of
the Sinking Funds A. 1t is; the two warrants
amount to 100000.
O. Was not the 100000 represented by these two
warrants returned to the credit OF the sinking
1und, with interest on the following dates and to
the following amounts
August 8, 1877. SO 900 90
November ., 1872 $500 0O
July T. 1873. ~
July g. lS79. I2NO 20
July a. 1873 1855 Al
July ~ 1873. 5000 w
A. think It was.