New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-05-20
MIR BANGS PROBES Mr.. WARD
CONTINUED IGNORANCE OF THE WITNESS.
EXPLAINING HIS RELATIONS WITH yisH AND TAP
pAN-ruE GRAXI HKOInKNs.

| The rooms OF Referee Hamilton Cole were
ws6lcd with people yesterday when Francis ~ Bangs
continued his examination ~ Ferdinand Ward In the suit
OF job. H. Morris against g. g. Grant, jr, and Others
Mr.. Bangs was IN somewhat beigcrent mood when nc
came and when suggested that the reporters
took up TOO much room he Immediately moved that II
anybody was 10 be excluded from the be the man
said that he had raped his knuches on the table In
the hearing tho other day and who had misrepresented
him other WAYS. Mr.. Ward looked much better than
on Friday, and perfectly selfposscssed and cool He
| stated that he wished 10 make clean
breast OF the whole business but II was noticed that DIS
poor memory a great hndronoe to him and that 1t
would require considerable refreshing and probing be-
fore anything satisfactory would be forthcoming He
did not know when purchased his house In Pierepopt
st. when other estate came into his hands, or what
lie paid the most Of it, and unfortunately ms check
books for 1879 and 1890 coud not be found. He asked
the referee to allow him to and correct the records OF
the suit, explaining that
5 Since the beginning Of the examination have been
greatly excited and the newspapers have not correctly
reported what said about Mr. spencer and MI Iappan
| and don't want 50 do "a wrong to any man.
Mr. Bangs suggested he might correct the records
but could not the papers.
Mr. Bangs-Do you remember. Mr.. Ward, what se
curirs you used in transaction WITH the DTCOsyh
Trust Company May s. 1884 when you got me liVl,
500 loan Al do not know dld not nsur eu n done
my office or theirs, think probably at their once
QDd you have $4,000 OF United states per f rom
bonds IN that itch of securities Whch you s"] Ho"
| senator Chafiee Al don't know. thinkso
MIR. EANDALI's RELATIONS WITH THE FIRM.
Odd j. NJ Randall have something to do WIN tnein
Ale did.
| O-Who 1. j. N. Randall, and what was his business
with youG Ale Is son-in-aw OF Commodore %arrr
son. and lives at No. IO1 Parkave. He had borrowed
money from me- loaned him $1,000 at one time on
Howe Machine bonds, and as these bonus Ws,o sio~
asked him to exchange some other securities 10.
sae: a honds ftorwsTd on April l. he put in
| in 4
into pool which was to be made on May We Iia not
these bonds n were lett $4,000 as collateral still
Ole ia a debtor 10 you is he not ! Ayes sir, he
owes two other TRANSACTIONS now ,Aa
Q-Whero are the securities he depostedl A-Ihey
0tan You find any book recording these trnsactions'
Al hnk The securities would be recorded by num-
Q-when you disposed of these and other securities ritz:
was there any change made Your books to snow wha
had been done with them A No sir But their identity
| could lie established by my books. ,.
Q.-From whom did yOu buy your house IN Pierrepone-
St From sangcrt Ayes, from Sanger
Q.-You were his tenant at the timer A-fes' SIT:
GLOW did YOU pay for 1T Al gave certineu
o.NWhat bank certified that check A.-The Marine
oMWss the firm of Grant & Ward in existence at that
tinlel In lssoi Al don't knoT o.. ,,.,r o,,ooL.
you deposited in the bank Al did not give anything
Tor them; they were charged to my banking account
| Odd you receive any money from rappan on re.
ceipts Ayes sir but the papers he had were Inherent
Q.-Whcrcn different Al would give to TappanI
say for $50 OOO-a paper like this: Received from
oH sTah day Yes with no refcence to prodts Then
l would give another paper like due bill. at, %
Odd yOu pay Tappan profits A-SuppOse SaiG 10
hin: give Tue $4,000 for thirty days with $4,000
profit" | would put the lump sum In the receipt:
Odd you pay Iappan any MONEY Al aiw d8
paid him the fnll face OF his paper wen II came que
WopS The partes taken into tho pool Informed that
many Others were also in Al do not know per-
GEDd You tell Tappan for instance that others we're
in u he alonei Al told BIN that he was not alone
Q.-NhO else did you tell Al don't remember. II.
| Odd You tel W. D Warneri Al think gave that
information 10 him. ,.
int the poles OF Grant & ward Al think not often.
Odd you personality Al may have, but MINK
0-Are there not outstanding notes OF Grand & Ward
indoscd by James ID. Elsa FOR Sl3l5,OOOf A-1es' l
0.@Did you carry single Government contract with
| Q.-Where these notes discounted without any col
lateral being put up for security! A-Ihcy were; yes
Q-Arc there 81 900 900 Grant IL wards notes out
saulng hIo;ed 10y 90 ,vLoDh had pne ronnon pntes
discounted except they were Endorsed by Fish. made
Grant Ward notes and Fish indorsed amt gave them 10
Q-What did you get from Tappan for theml Al
O.-As much as they amounted TO Al don't know
Q.--Are those notes widely scattered now Amies,
A.-Why do you connect those notes with the CONTRACT
business AIR. Fish and made that arrange
OUoq were they to he used in the contract business
Am getting supplies for the contracts. They were tO
be discounted ana the money used.
supplies to be bought A~Yes, sir.
THE ASSOCIATES OF MR.. FISH.
Q.-was Mr. Fish did he ever tell you that he was
associated with anybody in whole or in part in this bust
ncssl Al don't to answer that question. lIhe
question IS rcpeated Ale did tell me.
Q.-Whom did he have with hint AIR. Bingham
Of the Marine Bank! and j. Nelson Tappan. Yes there
were otheTs-I don't remember them.
ODD you know what was paid to these parties 4.
-TalHays knew what he paid saw his contract book
book. That book showed how much was paid each one:
| Q-Was there no fixed proportion OF division A-NO
Yes sir tsuilnpl We of course retained some OF the
profits for the firm in every case
9-Seycr any contract made. A;-No' sir
0-YOu made a LOT OF and created the impression
and having no would appropriate the to
your Ise' Ave made nominal profits In our reg
o.DMr Fish actually supplied you with money didn't
nei Ayes. sir. And the Marine Bank helped by dis
conntc d- at the Lincoln Bank
Odd Tappan furnish money! Ayes, sir.
Did Warner furnish money! Ayes but don't
Q.~iIave you got those memoranda from Nj Work yet
which explain ali your transacuonsi A-No sir.
WAITING r0R PAPERS FROM MR.. WORK.
Receiver Julien Davies said that he had not received
those papers from Mr. Work yet, and that he had just
sent another letter 10 HIM on the subject.
Mr. Bangs-Mr Ward, did Work put in any money
Ayes. don't know how much.
Inanswer to further questions Mr. Ward said that he
employed any agent or broker to get people into
the contracts had never paid H. Work percentage fol-
bringing customers H. but had paid him profits profits
Odd you buy your Brooklyn residence in summer OF
winterl Al don't know.
Odd you not pay for ii out of the funds of Grant
Ward and from money paid IN to 70 into contracts A.
Yes, perhaps did.
Q.-Who furnished your housed A-POtter Stymus
O.-What did IL cost Al don't know.
Q.-where did you buy the pictures. A From many
persons. .
Q.-When did you stop buying picturesl About
three months ago.
Q-Wiil your checkbook show what you paid for them
Al think 50.
Q-Hele Isl check lshowLng IT. which You gave to j.