New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-03-02
KERR UNDER A BRISK FIRE
coNKLING PROBES AND CoNFUsEs HIM.

,varu. Railroad Companv director of that corpora
ton aud OF the Pacific Bank. and one OF tne
| Kerr family which owns one-tenth interest," III tue
railroad was tie witness yesterday In the
| broadway investigation lie is a pletborlc man. ana
| his long examination in close room, wnere even
bpoger finally assaed him, resulted In bis utter con-
fusion and came compelling BIN to leave the room
toward the latter part OF the day. furtherhoTe hr'
C,nking pursued him with relentless 1ury anu ioF the
first time In the trial vivid display OF that over
prarng rascibilty and impotence when cnaracer@ed
him in his former days. and the repression OF which mas
been hitherto marked feature Of the Investigation
Mr. Kerr was armed with a memorandum TO Whch no
had to mi ke frequent reference lie DISCLOSED tne ce
that in 1884 he loaned Jacob Sharp 100000 ID sums OF
900 900 and $50 900 and this put on special &C.
count at the Pacific Bank and dd not appear on 'ir
Kerrs books Altogether he had loaned Mr. sharp
$3.50 900 without even so much as que Dhh !"
m,rh rho relations of borrower and lender Mr.
Kerrs Iedgers in his dstillng business showed
irreguartas which he explained as due TO MISTAKES "l
MS bookkeepers IN charging things TO the seventh ave-
nue. road which should been put elsewhere An III
teresrng showing Of books the frequent use OF
the word "alcohoL" Mr.. Conking made descent Oh
this trail and there was an expectation that alcohol"
was the ancient name for "boodle, but the eymo'oV
was not fully brought out. Mr. herrs tes1i"on'
showed how he made oral contracts with MI Snarp III
sums in the tens Of thousand and he gave seouc'o
view OF the way great sums exchanged hands on inc
famous June 49, 1855, which Mr.. Conklins cailed the
dav NJ the divide or the roundup" Mr. Sharp had
then received $4,000 which he had used without Dr.
Kerr's knowing anything about IT, WITHIN ten usSs
Mr. sharps deposit Of $ssl'OoO on the sur
face bonds sold by Vermilye Co. h"u
becn used ND TO residue OF $4,000 The witness SAID
no fonnd IL d nicult to answer Mr. COnkngs questions
on some kuOtty points and admitted they "ere
tanglers and cOnundrums' He Dad no new hgnt
TO throw on the for keeping the S3OoOoo IN
vault for nine months and admitted that to nave de-
posted the money in bank and drawn cheeks on IL
would have been an easy way in which to use the
money but that would have left traces His mind grew
40 confused that It attracted attention when Mr. Conk-
ling pushed him with questions as to June ~ 1881
When he left the stand Mr. Sharp said 70 MN; " You
ought not to let COnkng confuse you In that way heS
always asking question before you can answer "u
other and insisting that you answering the wrong
question or answering another when You are answering
the right one Stilen up and cont let him fool you"
| To which NJ Kerr replied Well, was fearfully
close and got faint, aud thought should have to
| leave the rOOm."
There was comment the fact that eX-Alderman
Waite who had been regular attendant at the sessions,
had not besn hand for week. snd surinses over 1t
Increased when learned that he had not appeared
a. member OF Grand Jury when its roll was called
The facts are Mr. Waite received telegram week
ago to-day stat that his sister dying she lived
with her mothcrin-law at place on the shore OF
Lake Champaign. and had been I'll for a long
time with Brighs disease. Mr.. Waite naturally IN
and consulted with friends AT To the course
he would better pursue In view OF his subpoena Iequ'
ing his attendance before the committee lis Iehus
tod him TO 20 direct Chairman Low and ask to Dc eX
cused Temporarily. He did Mr. Low said yesterday:
told Mr. Waite to 20 his sisters side by all means
and he should he wanted "onh Ie' MN A,pw
Ina i all here Is about hs avs M IA MI d mission
His sister has since died.
KERKs LOANS FROM THE PACIFIC BANK
Mr. Conkllng opened the day as follows:
Q-Mr Kerr. what is the capital OF the Pacinc bahA'
o-Nm right in understanding you to have seid on
Bank on June 10, 1851 for Sl5OOjO. for loans maze
you. you had had no previous sums as o4 an a.
l-Sj, two loans amounting to $1,000 ,-,
o. fbe Pacific Bank after March l. 1854 A-Sls2OOo
! Those my individual loans - ,.o.
Q-Did you OF those loans that part sno'eqnen,.
ly was transferred to Mr.. Foshay aud your oro'her
oIIox long Afterwards Al think it about
w5GG% SS1 se a. sSS Of hs Pacific INK to
so large sum 81 50 900 standing a. loan In yodr
| name was that you were a dlrrctori A-Ye. SIR. [
collater the loans, Dry DOCK ElShtH Avenue
! etc a very large margin on what borrowed.
Mr. Conkling up Of the edgers and wiahed 70
know what letters "p. l." meant and tound they
stood for private ledger" On March D. 1854 loan
frou the Pacific Bank WAS found for $4,000 The next
was $4,000. March 3d. April $4,000 and April Is,
| $4,000.
Docs this last loan appear on the deposit books
! q. On the private ledgerl A.-No.
C.-On any OF these books l tninE not a. ~.
! 6-Tbe next ioau IL for $4,000 on April 90 Does
! tbtt appear on any OF these booksi A.-No, sir.
| Q-HOw do those Two loans differ from tue others
Al was money right along ana sau 10 lAe
! bank tina, they had better open special account
Q.-Od your collateral stand there ali the while n
q'~To whom at the bank did you say thisl A-To
' o"Arr you save hat you did give the $4,000
! loan OF March "A, which IND here. TO sharp A-No
'6i.-D,d you give all the re.t Al did: .,-o,o
! 0-rhen nouc of this $4,000, except the $4,000
! annpar. on any book A-NO,
! 'ToP''You gave tn.s money to MIR sharp by checE
Gu" G aggd about the o0oOo in the sums OF $4,000
! AMI 100000 Al drew the currency an! gave II TO
nI lIY TS' much money did you hand to Mr. sharp
thai summer IN addition TO tie SloZOoo less SLooVo-
! 100000
Mr.. Kerr examined his memorandum ana answered.
1915 900 additional"
o-Thcn it comes back thar you did not give him the
htSl w. ind Won get he SIS oo0 A-Drng these
loans The nrs $4,000 drew went INTO my business
| hud from talking To my bookkrepeE 40, 49,, 49,. >.
o-Wheu II you drew the @l0'OOO you gave 10
How mach in all then did you give Mr.. sharp in
the Summer OF 1854 A-One hundred and elsA'y'"o
0And it was ,ot entered on your books A-No.
o-And the 100000 doe. not appear on your pass
'V 0 DO the other sums appear therei Al think
| o'-When did you last your pass-book OF lss4i
ENTRIES MADE BY MISTAKE.
| rhia onestion led 10 the discovery that Mr.. herrs
youns men had not so far been able 10 hn1 the oooA
Mr. Kerr did not know where 1t was. but he thought Is
! ,rld Ia foupd He said the bans books would show
the sums Mr. Kerr denied that he had attended iass
Fr,days meeting OF the directors OF the Pafc Bank
! Odd YOU take any receipt. any note any d9e piu
from Mr. Suarp for these sums you 'e' n'u' N"'e "
| No, sir. - -.,,.... - ,..,, bt,rt A.
on March a. Seventh Avenue stock about 800 SHARES;
II wa, then worth 1905 about 200 shares Iwehty,'ulu
street stock. worth over 200; also BrOIway anu
cuth Avenue bonds probably bftten or twenty cau'
attempt To say just no" many. ,.,.. -, ,st,-,,i A
O-When did you return these securities 10 ShA'P' ~
| i cannot say -- - --....,.1, A.
No, sir. , -, 49,. .,,i,,,-ais a. Won
rated them the timol Al don't Temeh, sn ,na
,int without hgurlng should say FI1O'VVV