New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-11-01
. EXPLAINING A SUDDEN DRe

n
The examination then took this turn:
Mr. Cleyeland-what caused the sudden drop IN fepru
airy. 1sS4i NJ,
s,swar was credited with So 100000 the proceeds
Of the sale Of the Stewart Building The inoeo'ooness
at once began u grow again. as the table shows.
Nv clcvelanc-wlh, was Mrs Stewards income
during those lscsrsf
The witness--It aggregated sG,960625 49,
Mr. Clevei sn5-After deductng interest charges on
loans expenses OF maintenance and management ana
placing Mrs steacs personal expenditures against her
income what is tie result? Is 1t surplus or de-
hcency?
The witness-Mrs Stewards personal expenditures and
expenses OF maintenance and management during that
period amounted TO s5.913, 1913 90 Mr.. Hilton, how
ever had interest charges against her income account to
the amount OF s107s,7Os II. That made a total debit
on Mrs Stewards account OF s6,o91 s3i IL At the
time OF her DEATH therefore, Mrs Stewards income ac
count showed a deficit to her debit OF 1920 63
LAWYERS READY FOR THE FRAY
Yesterday morning, when the celebrated case was
again taken up in the Surrogae's Court the lawyers
on both sides were all present and ready for the
fray. Judge Hilton, usual sat with his counsel
Daniel G. Rollins took matters quietly, While ex-
Attorney General Russell made himself as comfortable
as possible. Mr.. Root the only one who was
really active the side of the proponen while Mr.
Cleveland conducted the examination for the contest
ants. Joseph III. Choatc divided his time and con-
versation equally between the table of the complaint
and that of the defence. When Surrogate Ransom
had taken his seat, Mr. Cleveland said
Mr. Mercer, L here the original lease OF the
property bounded by Ninth and Tenth sts Fourth-ave
and Broadway, the Sailors Snug 1iarbor to A. T.
Stewart. 1t is dated Nav l. 1862 and holds for
twenty.one years. What do you find is the rent re-
served in this lease?
The witness-It is $4,000 per annum for the first
four years and $4,000 after that The rent is
payable ha,fyearly on May and November 1 Of each
year.
Mr.. Cleveland-very well. Judge Rl--n. should
Hartor to A. T. Stewart. Mrs Stewart. for other
property used by the firm
Mr. Russell-Your Honor we are willing to produce
these papers, counsel for contestants only notified US
about these leases o'clock this morning, and l
consider that too late for to-day.
Mr. Ceveland-I told yesterday that wanted those
leases and they should have been Brought here.
Mr.. Russell-I sent for the documents. though
d. hse remember your saving anything shout them yes
terday We will produce any paper you want. IL you
give US time but under the circumstances, OBJECT TO
being found fault with
Mr. Clcveland-well notify you now. Mr. Mercer
did YOU prepare rental due the estate from
the Tenths property according TO the credits on the
c. NJ. S. and the basis Of a ground rent OF
ESQ 600 per year7
THE NET INCOME FOR TEN YEARS.
Tho witness. in answer TO the question, read the
table given below. The expense charged against the
gross rents which were credited 10 the estate include
tho ground rent at the rate of $4,000 year. the
taxes and repairs.