New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-31

After this there were no receipts for rent of this
property specified in the &C. NJ. s." books. The
total credits during this period were, therefore
s3Os,444 As; the deficits. s145.ss4. and the bal
ance credits 81 $3.50 As.
The Tenth-st store, in the same way, the witness
testified. at the time of Mr.. Stewards death. paid
a rental of s25O,O00. From July l, 1876, until
December 81, 1877. the rate was $4,000 per
annum. Then it was reduced to $4,000. For
the term ending December 81. 1878. it seemed
to be Sal, 500; in 1870 and the first half of
1880, dt was sl32, ooo during the last half of
1880, $3.50 900; then. until October 80. 1882.
81 5000 For November and December 1882.
there were credits for rent from this property.
PILING UP THE TELLING FIGURES.
After recess had been taken until o'clock
for luncheon. the witness was called upon to add
to the curious evidence he had already given.
Mr.. Mercer testified that for the property No.
l43 East Eighth-st. credits appeared on the G.
Nj. S." books June 80 1876, rate $1,000 a
year; June so, 1877, four months at 8, 900, and
two months at sI,s4O; for the rest of the year
1877. rate. 81 $40 for 1878, rate, $1,000, Then
the credits in the special journal disappeared. The
property No sc East Ninth-st paid rent OF
81. 200 for the year ending June 80 1879 That
was the only entry.
Are there any other specified credits for rent
the answer. except in November, 1892. one entry
Of credit for the rent of No. INVEST 1hirty-fourth-
What do the assessments for taxes show as to
the valuation of Mrs. Stewards real estate?"
In 1877. 1873. 1879, 1880, ssl and 1882 the
100000 after that in 1883, 1ss4. 1885 and
1886. the valuation sank to 100000
The questions of the examining counsel, Tread
we'll Cleveland. now were directed TO the purpose
Of cvolling the final results of the experts eX-
animation of the books. and giving them in a
concentrated form.
with Judge Hilton in November. 1872" asked
the LAWYER
did it ever 60 below one million dollars after
= 1t did. On February 20. 1854 the debit was
IN On 80 ss4 $751; g. It them
again went above million. and at no other time
Sas less than that sum after February 2S, 1872
redited with the sale Of stocks and bonds?"
She was credited with a total Of $4,000, 9s5 33,
BEGINNING with February 2s. 1871"
A SUMMARY OF THE TESTIMONY.
The witness next read statement summarizing
bis entire testimony, and that statement was Of
tered in evidence. Mr.. Mercer said:
Assuming value OF A. 7. Stewards interest in the
business been SIP 217. 902 81. have computed
the interest that amount from June 30. 1876 until
September 80 1886 the rate used by Judge Hilton
IN his computations This interest amounts TO
81 POS scs 81. To this have added the cred
lied Mrs Stewart BY Judge Hilton 81, $50 78
less s5 4o7 rs which represents the real estate and
stocks which understand Mrs. Stewart transferred
Mr.. Hilton leaving 10 be added s12 543 1862 03. The
debit Mr.. Hitons account with Mrs Stewart is there
tore s38 6o4 01 have the other hand credited
Mr.. Hilton with all payments made by him her
count: deducted loans repaid with interest
and have credited him with the interest the above
497 75 This makes the credit side s17 SOC pol So
rhe balance from Judge Hilton would there
Tore be s16. 6s7. S73 S.
Mr. Cleveland-what becomes Of the property which
was taken by Judge Hitonf
Mr. Root-I object The expert does not know any
ding about that
MI CIeveland-on the theory Of that statement 1
mean. OF course.
The wltness-Those properties revert to her estate.
they include Pacific Mail Chemical Bank. Merchants
hank Metropolitan Bank. Western Financial Corporation
md STANDARD Insurance stock United States bonds the
Saratoga property the Lafayette place property. the
thirty. fourth.st stables and the Stewart Building
The witness finally read another statement sim
0ar 10 the one mentioned, but computed on the
basis that the value of the Stewart interest In the
BUSINESS WAS only $751; D2 20 after the profits
Ind loss account had been applied. This made
Judge Hilfon's debit s2S,403, 094 So; his credit,
n7,596, 29l Sc, and the balance due, sl0,S96,-
s03 20.
" II they will pay that said Mr.. Choate. we
will settle"