New-York tribune., 1886-02-14
THE SAFE AND THE DOODLE"
WHERE THREE ALDERMEN USED TO MEEr.
THE BROADWAY FRANCHISE AND PRESIDENT
FosnAY's 100000 IN BILLS.


said that Mr. Mooney could not present himself before
the committee even tomorrow, hut by Tuesday no
would be there. Tns gave Impression that BiIy
had be, recupeTatng under an orange grove III floFu
and WAS ioath 20 leave the land OF flowers
The Investigation yesterday developed many snr'nlses
It led President Foshay, Of the Broadway and
seventh Avenue road to tell how he and Treasurer Kerr
had turned $5OOOO mortgage Of their company into
cash and had kept the oils. IN which form the money
appeared, a vanlt for nearly year. drawing no IN
Of fear that financial matters
were shaky" generally IN 1851
A Jeweler. calling himself u diamond broker
named George W. Alter bgou yht to the front and
testified that he the successor Of Alderman J"ehne
proprie of business IA diamonds aud Jeweiy III
Broome-St. Mr. Conkling made strong effort to show
that in Alter, pace a safe which, when MT Jdehhe
was proprietor contained what is pOpuary known
"a she "b)Odlc." and that Alter mad had Occaslon'
when Jaenna was SIN the proprietor. TO out % get
$4,000 bill, part OF the boodle" broken into fr1g-
ments Alter denied everything Of the kind Mr. Conk-
ling asceraiucd Alderman De Lacey ard cX-Aldcr-
man had been IN the htbt OF dropping IN at the
place for chat VITA Mr. Jaehue and tno not long ago
Mr. Waite sold an oil gold watch chain to the witness
~ Fuller got a chance to tell how ho was "leI
JAMES NJ. LYDDy's TESTIMONY.
jams VI. Lyddy whose famous injunction restraining
the Board OF Aldermen from acting the franchise was
dissolved on August % l-S tine allow the Board
to hold its special o'clock session tho next day,
was first witness His rothcr. John H. Lydiy was
the paiuti In the suit Nj Seward put the questions to
hun as Mr. CoukIlng engaged In court for timc.
On wha capacity did the plaintn bring a." sutl
A.-For himself ard others lI' h1d large wholesale
grocery p'oy on store At Grcen"ich ana 'rdhr 7'
and Church-st til- custom came 'arEt} no
Staten Island ard Ia frarc" NAT to "rC!u"Ay io'I
won.d affect his tr'de nnfty'r,oly. Wy '. brother e,
talked win many pIop"fty-oWueis VINO were opIu9u 10
the road. ana he thought the sLt wee Drought th'y
U'"Bin they ioio h.ni A.-No.
C-On what grounds vas the Injunction TrauieIf \.
That the Board Of Aldermen "@"h exceed ,Ia. tnet
powers IN acting on tho ir',cL,.,r' a''v az 'H''I
wns donbi OF the '"h,ltnii'n'l pa, ~ fo oil
Mr.. Lyddy remembered tho call upon him OF Charles
B Alexander Two days before tie injunction Was dis
solved. about 1850 Il. M. August ,, MI Lyddy
continued:
thou hi tlnt my client uirht mdcWuin,d
f,r po.,,hlr loss through tho building
81 ilc rnnl. "A Won 49,, ~. '"'i M
il So VI, client rud,Hyur tn secure thr rooprfd'on
of many p rte VINO h'u '"u'"Ir' i ' !" % ,'' .'
road wou.d iulure th.m. lie communicated WIt4 ul'
ward oj 100 people my-clf c,Ica on l."vi NJ Fate'
Nftrr hal seen Nj AIcN ,udrr ard NY brother again
/ ryam'nei The law cNnsu-'v'ly and found uat
three -rounis- @. or N'r-- ol J"r'sd c'l"' ' "
cs" o. hGr i@G'% g, .ht ,rc IL tra rlo ,, the
naiinuh i",n,'L n" me-, inen . m" "o,por,.
ton Counsel lie be % trt- A1pT lo'- p'..u9u-n" "''
anxious -c th, iran, nice 10 tA' hi-h- htd"r ana
y,i lc the GO u-rI oi fhr Board 90, A'l ru h.
Q.-Your client dd not furnish proof of bribery A.
Not -unIcirnt proof.
O-What proof lid he furnish A.-ouiy that on iu.
formation and Irlicf .s forth % the al!Ityits.
SIR. seward Was aux.ous 10 know more about LOW Mr.
IJddy to examine the Law more carefully alter Sec
mg NJ Alexander
O. -,au you ,iy when you came to the conclusion that
the question 90 Jaw, W' "a, oi l"'t. would t" .1-i"
thr iulunotput AT was on August - ,lhc day tho
uiuuci.ou i's-u.yrd.l
@ You law Mr. Ar1auder again after August -
Al did, tu.d him wished 10 i-u "'h 4 par iH'7.
had 90 mind "a" Corporation Counsel No. ! u'I nos
bfluA ~
o The paper To- Va. sharp '"I"r~ ...,, ,,
-uitI Al dad. Ihc tm.g". gmla"l ana t'" ro I'M
,c fee. made total Of $1,000 / receive. that s"m
Q.|WUo procured the order OF dI,couuuuancc A.
d. not kn"" ot my own Au"" ird4e. 10, t'-'""l'H"
aucc - tuc suit wn- "n incident q" ''' - '''."'L"
told Mr. Alexander that intended 10 "i'o""i'ue tue
sult lr-s t'" "fp"r"t9" ,'"H-. ''7'"'' . ',''.
Q-Nho sot tie mYn,} A-My-"i. "nd my associate
counsel. Nll.tu ". L'dij. my br"t"'r -,
I.ayt l','. '' 81 ir @5GG A"ir has drawn
several thou-aud, dollars We have ruunn- account
O. Wnni n,a do YOU mean 10 convey by th'si A.
1hs my brother has been Ia h' hAn ." g"'unk money
Of u- ou aud uu whenever Do" wanted 90.
O. How soon ,ftcr the injunction vas dl..oycd dl
yoHr brother John ak Tor money A. mn i"o
weeks. think believe the amount hc ask. Tor was
In what form VIA II paid : Al tuInA iu bills
q Bjd Won have haUd -'ud out tur II ! Al
Go whose cred { Was the >l2.5O0 placed A.-To
Q.-IIow dm John Iyddy get The ~ 600 ont Of mat
drpu-itI Al don't know how hr g't 10, beyond the
fnct thnt ny brother ~nl"n got
O. Have you a bank nccounti A.-Ycs. at the North
EiTrr Bank Think lad @ there In l~-'. can't say
positively. hnyc several bank accounts.
Mr. -rwari-i am glad OF thr, for ii'a about All can
Q.-DoS on know where the SI2.5Oo we deposited
Al do uoi brother NltIhm t""h ch"iEr "' H. ,
hi. - l2 5OoI Al don't remember, s.r
Mr. seward think that VIII d"' sir
Lawson y Fnllcr." called Hr. seward. The father
Of cables" left" through Jacob sharp who has
becn cturng aran. the Secretary OF the Nayy ana the
no Ia,
eNJuige Russell received forty surface road
bonds for legal fees for tho surface
road. rose and promptly sworn. He told how he
had fought cable, Tor twenty Ne years. 10" he Ead
run by cnb.o and ont Of the Board ot Aldermen had
brcu drawn before RAILROAD commissions AMI hal done
hi, level for capc, under extremely distressing
dltions The cable company mad offered tho city
- 900 900 for the Broadway franchise, he saIi.
JAMES w. FosHAY CALLFp.
James W. Foshay the president OF the Broadway and
seventh-ave Railroad Company. was the next Wit
ncs,. lie Is a nuc-loosug man. wan flowing side
wn-kcr-. Mr. seward Kept on H- follows:
o. Have you consulted with counsel since You
u, rr served with u suppWua A.-i'-. Mr. Bliss.
Q--Iou vent over the books WITH niin A-les. sir.
O.-nayng been president OF the r0td ior hiteen
years, Will you describe the route o the original road
Mr. Fo,hay toli the committ"" what every New-
Yorker who tlkcna University Place car knows by
heart. The dcyiou, seventh Avonnc Line proper WAS
also described. The directors OF the road IN lso IN
rluded Jacob sharp George Law the herrs ana Alfred
Wasstan Tho capital stock was 99.lOOOOO.
O-Iiuw many mortgages has your company made on
IT. property A.-Four; nr,t. ia 1861, Sl,JOO.OOO
the -ccoud 100000. about the Same dao tue thlrd
slOO,OOO on property bought | ihtnk, ~ 1875 the
fourth was that tor the 100000 hteiy gwen. Bonds
Issued on the first mortgage onii; lney nave been
re- laced other bU.ds They became due June o94and
Icrcrnts took th"r pla Tie hr't mortsage'
Ihru became the third Hud the others toJk precedence"
O-Ihere has never been duy default IN intcresti A
Glow long prior to 1854 had tho company paid
dIVidendSi Al can only speak from 1870 when be
came prcAidcut. From that time divldrnds nave been
paid at : y cont year, scml-annuilly IN 1870 ana
quarterly them
Mr seward nut IN evilcnco the certificate -of $500
shares lhe surface COmpany's stock issued 10 Jacob
Sharp and BY transferred To President Foshay -
"y attorney rrcvucabc." with power transfer the
stock to such persons may decide for the benefit OF
the seventh Avenue Company.
MI Srward-ME Fo,hay. do you know who drew this