The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-12-13
DR.. LAMBERT'S TRIAL.

CLOSE OF THE TESTIMONY FoR THE PROSE-
cUrIoN- OPENING FOR THE Defence, IN
GLIDING RALLY AGAINST THE PRESS
The trial or DR.. Lambert. late president Of the
American Popular Life Insurance Company. was
sumsd yesterday, before Judge Brady, 10 the Court
Of Oyer and Termincr. DR.. Lamberts wife and
being densely crowded
Mr. John y. Trow cross- examined at consider
able length In reply to various questions put 10
him he testified as follows:-
received from Mr.. Reed, OF the American Popular,
said the witness quantity OF the company's stock;
ihnk It was about May last; DR.. Lambert subse-
qaently wanted me to return the stock and l. alter
consultation with my lawyer, Mr.. Bourbon, did
return Il; havo boon sued by the re-
ceiver OF tho American Popular; he demands
y considerable amount OF money from me, and
has throatened me with a lawsuit; l gave tho
American Popular bond and mortgage some prop
erty OF mine in Fifty street against my note of
$500; did not pay the company 900 tor twenty
shares 10 the best OF my recollection March, 1872;
on tho 3lst OF December. 1872. gave my noto for
$500 TO the company. The testimony OF the witness
went TO prove that his accounts with tho company
were msrepresented In Their books. No light, how
ever, was thrown the fact why he gave the COM
pany $50 900 IN checks, the sad checks beng subso
queuiiy returned 10 him. He also showed great ~
Popular were kept although he was member Of The
Finance Committee.
(. Alter recess Rcmle Delsnd was called by tho DIS.
tric Attorney TO show that IN December, 1876. tho
balance TO the credit Of the American Popular Llfo
Insurance Company with the National Trust Company
was 81, 1914 and Dr. Lam6erts balance was SOL o.
This Tor the purpose Of showing that checks held
assets were not worth their lace
THE VICE PRESIDENT AND SURGEON
Dr. Moroau Norris was called ny the prosecution,
and testified that he connected the company
from November 1871, up the II was closed by
to
purportng 10 DO records OF Issues OF stock 10
him at various dates, amounting to IS O0O, Ia
December OF several years, al referring 10 dates
previous to 1874. wero objected to and excluded Dr.
Morris deneu that he So 600 for stock IN 1874 and
declared that he only owned hityhve shares OF stock
IN the company; no had acted Rcon -chief.
as vice president and mad been on the executive COM
miltee; he identified the checks signed by him. found
among the cash assets, about mouth for four
years, Tor $l25 each tho National Trust Company,
ana said tncy were receipts Tor salary; he had no
money pay these checks the National Trust Com
pany which they were drawn; Dr. Lambert told
him that he would prefer 70 have tho salary IN that
way, because he wanted II In two accounts; he had
gwen req ar receipt Tor $3.50 per month Tor salary
besides these checks; his checks were understood
by him as cash a. all he had put the word "memo-
randum" on some OF them when he gave them,
aud some Of them no had forgotten to put
examination by the receiver began. They
good for anything AS checks. Hts check Tor 81, Ol5
sSo's s NM
he had some money In the bank at that time but not
enough TO pay the check. EN#
Moreau Morris was questioned very closely as
to why his great familiarity with the com.
ties had not enabled him to know OF tho
alleged inaccuracies IN tho accounts relating to him.
He protested not 10 know OF the entries IL tho cash
book AMI explained tho various checks Of his Tor
which there was no money IN The bank by saying
that he supposed they wero matters OF form.
He was 10 receive mis- salary OF $4,000 aud Rivo
partial receipt on tho receipt book, and the 1925
checks Tor four years he considered tho receipt tor
tho remainder He aid not know that II the pronts vi
the company did not prove sufficient nc was liable 10
pay these cnecks Various OF stock issued to
him the books he professed TO know nothing OF,
and persisted that pumber OF his shares was MY
1ve When asked 10 explain how II that he up.
peared 10 have transferred great many more than
htyhve shares he said that he did II ns u matter Of
form ~ Dr. Lambert's request aud could not explain
!. Neither could he tell how IL was claimed that he
had received certain dividends OF than ttty-Rvo
shares OF stock he SAID ne had not read the charter
OF the COMPANY and did not know Of provision that
prevented his receiving his salary IN the way he did.
lie cond not say whether shares Of stock had been
sued without payment or not
On redirect he SAID he was not aware that $40 900
had been received by the company from him, that
$50 600 or $4,000 had been received from John II.
Trow He mad not expected to DO called upon to pay
his cneok ana never got dividends Or stock that wss
transferred.
On rs-cxaminatiou he said he believed he had boon
solvent since his first connection with the company.
THE DEFENCE.
Colonel A. H. II. Dawson proceeded to opcn
the case for the defence HIS address occupied about
an hour aud half keeping the Court session un I'll
nearly six o'clock He read his speech from printed
proofs, and ~ times, particularly WHOM he
gave a supposittious CONVERSATION between
insurance agent and merchant upon tho sub
joct OF life Insurance he might have been supposed
have been Mr. FarJeou some other author read
ing from his WORKS changing his voice 10 suit tho
charactsrsn the dialogue. The striking feature Of
his address mis- attack the New York press. Ho
stated that on inc morning of Dr. Lamberts arra.gn-
ment there In four leading city daes articles un
precisely tho title aud alLogethe differently
worded, being he charged, the product OF the
writer. He claimed that the press had been sub
sidized decry Dr. Lambert and intImated his ability
to prove such statement He propnesied, however,
that ncing the houndng OF tho press'' hts
client would como out pure aud unspolted.