Los Angeles herald., 1891-07-11

FIRM in my deal with Lucas in Reading.
had in my head certain private mat
ters, but did not suppose the committee
wanted to hear of my private opera
tions."
Wanamaker then referred to the 2515
shares which he had held as collateral,
and gave the committee a list of those
he had turned over to the Lucas estate.
That some of those shares had been at
one time in his name, he did not state,
as he had not used them in any opera
ton.
In regard to the stock found in his
name, 6l5 shares of it, he said, was held
by Irwin & Toland, his bankers, as COL
lateral. This reduced it to 1000 shares
OF stock. Of these, five blocks of 200
shares each were dated March Sd, 1885,
and while issued in his name, the power
OF attorney had been Endorsed by him,
and they could never have been used.
The next lot of five blocks of 200 shares
each, were dated four weeks earlier. He
was director in the Grand Trust COM
pany. and Lucas came to him and asked
him to obtain a loan of $40,0 on the
stock.
JOHN WAS ALWAYS FOOLISH.
81 have been just foolish enough, all
my life," continued Mr.. Wanamaker,
ito do those things, and got the money
on the stock and gave it to him. A con-
siderable time afterward it was paid off
by the Lucas estate, and they got this
back"
maker also presented the COM
\ tees letter from Lucas, dated May
2S, 1888, inclosing money to pay the in
terest on the loan.
'Of the other unused five, blocks of
stock" said Wanamaker, my impress
sion is that Lucas at first intended to
ask for larger loan, and so issued them.
1t was never used, however, as it could
not have been without my endorsement.
J. know OF other stock. but remember
that ten years ago, when Lucas was
securing control of the bank, he came
tonne and said he did not want people
to;know who certain stock belonged to,
and for time placed some in my name.
In regard to the certificate
No. 450, which was transferred by Yard
to Scudder & Dunham, of Trenton, that
is part OF the stock on which the loan
from the trust company was secured,
and after the Lucas estate got it back,
it was very likely passed over again to
raise money on"
Wanamaker then again went over at
some length, the transaction in Read
ing in which Lucas was a partner, and
said when the settlement was made
President Marsh admitted, il the
presence of three witnesses, that
the Lucas estate owed him
$4,000. The fact that some
of the certificates held as collateral by
Irwin d Toland were dated after Lucas
death, was due, he said, to the fact that
brokers would not handle them while in
the dead mans name.
LACY AND NETrLEToN TO THE RESCUE.
In closing his testimony, Wanamaker
read letter from Comptroller Lacy and
one IRON Assistant Secretary Nettleton,
to silow that he never influenced nor de-
layed for an instant the appointment
OF a receiver for the Keystone bank.
QUAY AND BARDsLEY.
After the hearing, Robert Alexander.
counsel for Bardsley, received letter
from the latter, in which the ex-treas-
urer said Matt Quay came to him as
friend and not for the papers; that
Bardsley told him some things he had
heard, but said he did not know of the
truth of anything they spoke of. Bards-
ley adds: "It now appears that he left
me and wrote out lot of stuff. What
it is l do not know. He may have put
words into my mouth that never
uttered.v