The New York herald., 1877-02-09
CONTINENTAL cRooKEDNEss

CONTINENTAL CROOKEDNESS.
PROGRESS OF rRE CONTINENTAL LIFE xxAMI-
NATION BEFORE RErEREE DUTLER-MR. AN
DERsoN's CHARMING CONFIDENCE IN HIS
ArroRNEYs-THE cLANDEsTINB VISIT TO
THE coMPAYY's vAULT--A BUSY SUNDAY.
thorough Investigation OF the much mixed Con-
tincutal affairs. IL promised before mauy days have
passed. The Butler reference continues to develop
interesting relics OF this devious history, and to-day
the reference before Mr. Dewitt, who appointed
ut Albany TO examine into Mr.. Anderson's recover
ship, will also begin.
Tho usual large number OF attorneys. accountants
and others assembled yesterday afternoon ut No. %
Nassau street. before William Allen Butler Before
proceeding with the examination the referee gave
notice that hereafter he would be present at'two
O'Clock every day. excepting Saturday and Sunday for
purpose Of taking evidence from any stockhoder,
policy holder other person interested In the cor
poraton who might wish to appear lie also requested
that persons who engaged the and desired
10 examine The companys books would lrst obtain
permit from him, be presented to Receiver Grace.
Mr.. Anderson tho Grst witness examined. He
testified that he not aware that any books be-
longing 10 the company had been taken away from or
concealed in The qce; the JOURNAL ledger and cash
pOon nor Rsd tnowIcdse OF mnc
in any OF these books. The cash book exhibited
tho witness and his knowledge asked concerning
credit entry dated September 30 1875, OF commuted
annuit,es," $156, ,446 08 Witness testified that the
entry looked as II II had been ntcrpoatcd and the
balance altered at tho bottom Of tho page, but he
knew nothing about t; he said that he had author
ixed no aeratIonsi In any books Of the company.
RETAINER YoR POLITICAL INFLUExcE
Witness next questioned about paper found
among his vouchers, beng letter from Mr. Robert
@ nsr M Of aos .~
stated that he had been ADVISED TO retain Mr. Magonc,
and had done So He did not know what particular
service Mr.. Magone had rendered; thought he might
DO OF service ut the Special Term; hc had consid
erable influence, and Mr. SewcIl thought It would be
sued as to whether Mr. Magoncs vocation was that OF
q lawyer or a politician Witness said he had always
supposed that hc was lawyer.
r. Scwell inicrposed and stated that every member
OF the New York Bar know that Mr.. Magone was
lawyer OF good a,rls ,lsnaing; ol e. oo,sroux,or.
Witness was asked why he had rot made claim for
the full amount Of tho securities transferred to tho
New Jersey Mutual lfc in his suit against that instt-
tuition. He replied that he did not know why a claim
the full amount had not been made he mad left the
lerton; amount prayed Tor in the suit was O7000;
entire amount abstracted s3l4 600; did not know
why suit for b the Sasrco ,srss not be
$1O2O 600 in full for the claim authorized
any oae to do So believed that among tho transferred
also believed from what he had heard that bonds 10
the amount OF S47,00O had been loaned TO the New
Jersey Mutual for the purpose OF meeting that
pany's examination
Witness was asked II he had not given Information
that the suit brought by tho Attorney General to
licve the witness from o!Icc brought TO up
shortcomings OF the Superintendent OF Insurance..
Witness answered that he never had such information
and did believe II. petition Of the date OF No
vcmber s, 1915, was then produced, In which
the above charge was implied. Witness said he
had authorized that statement; he had communicated
10 his attorneys that the Continental had not been
examined for ten years and he thought u looked
little mysterious that they should come In mme-
diatcly alter his appointment.
George w. Crowfut was then called and interrogated
sharply regard 70 .ns SInGay % w VS.. o. ns Messrs
sunday. Witness said that the vault was opened ON
Sunday, January tho meeting was for the purpose OF
closing for the sale OF the company, nego
tions Tor which had been pending between himself
ana Messrs. McKnnon. Mckay and Carroll he had
had one consultation with Mr. Anderson in reference
to this scheme; It was proposed on the Sunday men,
toned make list OF the belonging TO the
company, which he was to show tho gentlemen named
on the next day; they represented capitalists of
the Pacific coast who wished to purchase company;
$500, COO 10 have been put in
Witness did not 20 with the parties to the
Office the Sunday stated; part Of the object
the combination OF the salc because some
persons had It who were not connected with tho
Frost in The vault and L. W. Frost and Cashier Styles
in Presdents room witness asked the cashier why
he had opened the vault and he replied that he wanted
the mortgage books; witness then asked Noycs What
right you let these people nto the vaut7" and
Noyes answered, II have perfect right; am attor
ncy for rccoiver;'' witness told HIM that he had
business there without order from Mr.. Anderson
Witness was asked why tho mortgage list not
made out on tnat day us had been Intended. lie an
swered that he thought 1t was because some of the
mortgages there; Mr. Frost haa said that the
bonds mortgages loaned to tho New Jersey Mutual
had been returned; either Mr. Frost or Mr. Moves
could open the two inner sales when once the vauy
was unlocked: did not Mr.. Noyes take any papers
from the vault; the two Fross took bundles
which they said referred to their personal matters;
these bundles left in the Office until Sal urday as
when they were called for by X. B. Wcydell.
THE MYSTERIOUS BUNDLES.
MIR. weydcll, being present ut the examination was
called and testified that he had obtained the two bum
dies of papers At the request OF Mr. Mitchell, real
merly been employed by l.. W. Frost; did not know
what the bundles; was ignorant of tho present
whereabouts Of the Fro.ts had not them Tor ten
days past
Mr. Thomss, the former chief bookkeepcr, testified
that the journal had been missing from the Ofco from
October "a 10 January %. He thought that entries
had been made In the book during that period. Wit
further questioned as to some irregular
mil i,xo o,cnck ia=dax.