The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-30

TO the revenues Of the road; 10 present any
bills II Was necessary to have some one at
Albany 10 look for them and protect them, and the
presence OF some there TO protect the companys
interests was necessary the sum OF $50 ooo or por
ton OF H. covered services OF that kind he knows Of
no use having been made OF IT, except paying board
services in drawing bills and expenses generally he
knew OF no money paid out by the company 70 have
been used in influencing vote the Legislature, nor
did he hear OF H. has he any believe
that dollar uscd the person who represented
the company at Albany was d. D. Csaover; no one
undertook to dictate Mr. D. D. Conover what style Of
living he should adopt in Albany II he kept open house
he did Il from his own tasle; he twitness) never at
tended any OF his dinners directed him to give them
he 10. D. conover) always chimcd he had never been
paid all he ought TO have been paid they substantially
pursued the in Washington in relation to
the extra cent and did understand that any money
paid was to be used in Influencing any member Of
Congress- far as he ever heard the money was used
in the legitimate advocacy Of that measure; he had no
reason TO suppose thar at the time the receiver was
the receiver had promised 70 take an inyen
tory Of tho companys properly With hun,
to deficiency in the money OF the company made by
the the day OF election both tho witness
in the road from George Law Tor which he paid
1898, $50 and 800 600 10 Mr. Eusis the road MS used
now and partially equipped was so before the or
ganization OF the company and whom tho company
paid for 1t II d,d in stock and bonds far he
knows the money and passed over TO the
ceiver were correct the motive for purchasing tue
stage lines get them on the street. they com
pctpg with the car lines, and no considered the
purchase bargain the abolition OF the privileges OF
the stage lines and not the actual property obtained,
formed the substantial part OF tho contract he
sought to manage the road 10 promote tho
interests OF any other road or person. and u was never
III the vf Twenty third street road; ;
after tho company organized he tried every way to
make sale OF the bonds canvassing Fourteenth street
prcuy thoroughly, but found money matters so de-
pressed that he could not succeed in his Judgment II
the road be leased parties having the
TO operate IL, II must 90 to foreclosure.
ON cross-examiuation BY Mr. sullivan the same wit
said that Tor the last fourteen years Fourteenth
street has been regarded ferry street. but various
plans that effect have fallen through he could not
say what lair value for tho Blocker street prop
erty now; no considered the interests for which he
paid to DO OF that value the property is worth
less to-day exclusive OF the extension but with the
tension is worth about much as II WAS originally;
his interest about one-eghth he paid the $40 00O
greenbacks instead or check Eustis at the lacrs
request. and The ground that lie wanted to 1t;
he did think Eustis was, AT tho time OF tne pay
ment OF tho money member OF the Legislature nor
did he know II he was member when the charter of
the road passed alter the road incorporated
he paid money into It's treasury unless for lew Of
siaers '0 the company IN his debt about So 600
or $4,000 aud believes no holds notes
for at Toast portion Of the amount; d. D. Conover
claims he never got anything Tor his own services
that all he got went expenses no supposes the TOUR
$780, each, made by the company in 1873
given Daniel D.. Conovcr; 1t was true that Il
necessary TO have some one ut Albany 10 guard the
companys and against adverse interests; he
could not toll whom Mr.. Daniel ID. Conover
practised his hospitality; there were two or tnrec
Offer made by parties TO advance money TO extricate
the II Sharp and himself and several others would
directors but the parties refused TO put up the
money these parties we're j. Hilton Scrbncr, Mr.
Curtis OF the Baltimore road; r. C. Martin, OF River
dale Benjamin II. Hutton apd Mr. Bishop; he had
nothing do with attempts to prevent the leasing
Of tho road to the Twenty -third street road.
ON redirect examination by Mr.. Bright he said the
proposition OF those gentlemen was To loan the COIN
pany $3.50, 900 for three years. receiving 1900 shares
OF stock gift and $780, 0o0 OF the bonds COL
LATERAL he and his associates required this loan 10 be
put up three parties hands, TO be uscd TO pay the
debts the company the other parties refused 10 put
the money up in that way. saying they would do bust
ncss in their way the 800 shares Of stock be gwen
the loan sacrifice ON the part Of witness and
his associates Tor the purpose OF cxrlcatng the road
similar oner made TO Mr. Jones' but that failed
also. Hc added, further that d. D. Conover's claim
that he spent all the money he got IN Albany, and
had nothing Tor himself; that the old directors had
actually subscribed tho 500 shares OF stock carry
Bishop proposition; his subscription 506
shares or one-half OF all he owned and the others
were in the proportion the money paid to D. u.
Conover considered payn IN iull Tor his five
years. services to tho company.
The was hero adjourned until the 9th Of July.