New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-03-11
TX. HATSON Rad TITO MASTERS.
uE DREW CHECKS AND DEPOSITED THEN UNpHi'
ORDERS FROM SIMMONS AND PELL

ORDERS FROM SIMMONS AND PELL'
,,.,,.s s,,.os Deuutv Narshals who have been
searching for j. Kenneth Watson. one Oh tnc lo'
d,r.ctors of the sixth National Bank, whom Nr.
Mitchell wanted as a witness III tie eAanii""' ~
p J. Claassen succeeded in hndlns nm i"s' '"'D
dav and served him with subpoena No"''i.''
sbields,s subpoenas effective WITHIN Ioo 'iio o"
the city and Watson was at kutherlo'u
rh.n the marshal found him. lie came 10 'ie CITY
a ontores the court room soon after commissioner
shields took his place. Like most Of the chech-Nths
.svndicatcp he is "a welldrcssed young man. uoupieu
with restlessness and frequent lapses Oh memory 0
said that he was employed as bookkeeper III t'io
office of the North American Dredging anu iNP,0'0
mont Company at No. Al Broadway. simmons ls d'
.ho booa nj the company The witness knew Claasseh
from, having seen him with simmons. lie spoke Only
once To Claasscn far as he could remember "oo'
tbe affairs of the banks Ilat was Oh January -
when Claassen spoke 10 him about an oVcI"'''
nv the Lcnox Hi Bank on the SiXth Na'iohdi Dam
Tho witness was at that time a director III inc
Tenox Hill bank. He received some STOCK Ho"
Ar simmons TO enable him to qualify as DIRECTOR
us received stock in the same way III INC 9iA'''
National Bank .,, c,vtn
He first heard of the purchase Of the oA,'
National Bank from hearing simmons ana rem ',
ing about it. lie heard the names OF all .nc no"
directors mentioned United states DistllcV','
Mitchell. who examined Watson, asked MN "o" ~
bonnercd IN become director. The witness S",u
~ suppose it was because thought had TO- u.
exnlained that he was employed by simDno"s anu
did what simmons directed HIM TO no. ~,
ue told of receiving directions from Peii anu "i'
Mitchell made number Of inquiries 10 ""u o''
rbv the witness who employed by summons
received orders from Pe. The witness said '"a' no
considered pell also TO be employed by SIMMONS anu
that pe held the more important POSITION perhaps
&c financial agent for Simmons. Inc "'''''9' So
later in the examination that he did ho' mo" "
summons employed Pcll. An account III TIC LUNA
rank ras opened in his name in January hV W.
nos,t.d checks which Pcll gave to MN anu III u'O"
checks at the request of Pcll or killduh lie h1u Nv
orsonaI use for the account. killdun ran 'ho
ooorrt and dcpositcd the checks. and felI OF Hc
;nstr,cted the witness when to draw checks Inc
witness did not have possession of the clc'Rboo
lie made no entries, but kept track Oh 'he "''ou''
from memory lie had difficulty beeauSc ''c
amonnt deposited day was drawn inc iSA.
Wafson opened an account AT the SlNti ->i''"a'
ponr on January -. He had three checks 9sStc-
eating $50 900 which Pell gave hlh' ivIi ''iu 40
eIso that there would be "A cashiers 'lvh % 10
Tirst National Bank deposited 10 ms circuit "ri'e
draw a3ainst II a check for $4,000 10 Mr.. lcldiG
order In mart payment for the stock Later ucp',,9
~ over siOO 600 in three DAYS were made III 'l,tHS
~ hcb he received from Pel Killdut and he usually
Ssnosited the checks with General Classch' WHO
eent fhSm TO the receiving teller of the bank -
Mr. Mitchell questioned the WINES d.""I .ioVeI
nosif of IS 600 January =. Ill ule SN,h i>''' r,
bank to the credit OF the LenoA nm a,,aN' ..
although the deposit slip was IN ms run NJ,
lie was sure, however, that inc oepoS'' was "''
made in cash. -, ,.o-- ,ro- M. finished
,1o interested in the election to be held at hucr
ford to-day, and the examination VIII DC IesunVu To-