Evening star. [volume] (Washington, D.C.) 1854-1972, 1891-07-21

Testimony Before the Bardsley Investigating
Committee.


Committee.
The Bardsley investigating committee he'll
an open session yesterday afternoon in tn
select council chamber in Philade lphia an,
examined a number Of witnesses, after whicl
they went into executive session and held
long conference with Lawyer Thomas Barlow
one of Mayor Stuart's commission Of experts
| The first witnoss was Samuel B. Huey, esq.
who is the attorney for the Lucas estate ant
who acted for Mrs. John C. Lucas when tn,
Keystone stock held by Mr.. John Wanamakel
was transferred back to the estate. Mr.. Huey
told of the efforts which had been made to re-
organize the bank, and said he visited Wash
ington with President Marsh and Director
Haines and called upon Postmaster General
Wanamaker. Mr.. Wanamsker then asked
Marsh if he had informed Huey of the over
issue of stock. This was the first time he
(Huey) had ever heard of it. In looking over
the Lucas papers he found memorandum a,
follows: March 8. 1ss6-John Lucas, John
Wanamaker, per cent on call one thousand
shares Keystone National Bank stock. Col
lateral, 40.000.''
He at once addressed Q note to Mr.. Wanna
maker asking him whether he had such note
and the collateral. and he replied that he had,
and said that it was part of q transaction which
either Samuel Lucas or Mr.. Marsh could ex-
plain. Mr.. Wanamaker afterward explained
Trust Company at Mr. Lucas solicitation.
After recounting the settlement effected with
MIR. Wanamaker by which he gave up the 2. 500
shares Of ovcr-issued stock. Mr.. Huey said that
be subsequently asked Marsh how the over
issue occurred. and he stated that they were all
genuine In that they had been regularly taken
from the certificate book and signed by the
officers OF the bank, but that when stock which
had been sold was brought in for trans
fsr and no certificates issued the old GER
tiicates were not always Cancelled, but were
sometimes used again. This, he said, was
doubtless the way in which those held by Mr..
Wanamaker had been used. Mr.. Wanamaker,
he said, knew nothing of this.
Of the Sea Girt and Spring Lake property all
Mr., Hnsy would cay was that Mr.. Lucas had
sold It &c party Of capitalists for S4OO 900 and
received t5O,000 in cash and the balance in
mortgages.
Col A b. Mcclure, the editor Of the Times,
also az peared before the committee and read q
long statement, in which he positively denied
the statements purporting to have been made
McWade of tine Ledger. He said that he never
receis"d stock nor anything else Of value for
adSockflng In hla paper the South Mountain
wafer schemes He supported Bardsley for
city treasurer because he thought he deserved
the office by reason of his public services.
W. ". Goodwin explained to the committee
q transaction in gas improvement stock, which
he entered into with Bar,lsley in 1883, but which
was not settled until May, 1891. These invest
ments were made before Bardsley was city
treasurer and he said that no one else had any
inrsI est in them.
The committee then passed a resolution to
SUMMON before them the cashiers of all the
national banks in the city which Bardsley
stated had paid him interest on public money
for examination ut the mex. meeting, July "a.
Also the proprietors and editors OF all tie
newspapers who are charged with having paid to
Bardsley rebate on the public advertising as
well as Auditor General of state McCammant,
who is alleged to have received from Bardsley
a share of the money. They then Vent into an
executive session for the purpose Of examining
the experts report