New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-06-30
MR. WAYAMAKER READY TO EXPLAIN
MORE TESTIMONY IN THE KEYSTONE bANh
AFFArR-YARD's TRIAL POSTPONED.


| ,opr rrrsr1MoyY IN THE KEYSTONE BANK
| AFFArR-YARD'S TRIAL POSTPONED
Philadelphia, June 29.-ContraTy to the generai eA
pectatloR PostmaserGencral Wanamshcr uu nOv
near before the Investigating Committee oil Ooun.i'
This afternoon TO explain the apparent Discrepancy DC
tween his previous testimony relative TO MS o"her
chin of keystone Bank stock and facts Subsequently,
developed by the books Of the bank Inc loho"i's
| letter from Nh. wanamaker was read ny Nn''''"
Van Ostcn: r,.,.,.,,,, ,uno 90
Dear Sir It seems thought by sO%e yG h@' c Csr
tain evidence % monv with testimony delivered by
me when appeared before You a. the
assume that your committee my Wanted
from me shall be glad at @ h0n5r and
ss' any amy or every Item Of my statement or attend
eny meeting OF which have n I0tIT wANAMAKER
-,oo.,on xras also received from ex-City
..,..a. pords,ev,s counsel saving that If the com
| m,t.es we're DESTROYS OF any information from MS
,,,.n4 they should put It in writing ana suoii' ~ "
poras,ev who would answer IN the same mannci'
,a rs, witness before the committee TINS ai'ei'oon
was S. p Durham, president OF tie ILL.,, .os.,ood
,ono, Rank of Trenton, n j. Mr.. human On
that the bank had loaned Henry H. i"'u me-" .r.,oh
two certificates Of the Keystone ba"' oI' t,nstor
uos in the name Of John WanamaKer anu u ""D'
ON tho baol, signed by Mr. Wanamaker Inc o., ,
wos IN the name Of a. L. Single ana inc ua,9a
| c,onea bv him. The certificate in NJ W"uai >
name was No $50 for 200 shares ana '"o '~" CT
r,ode AprI o. $780, on Yards persohai hoO0' 80
The loan was made the bank has parted WIN
NJ 40 ana received certificate No. COZ In us pa*e
Mr. Durham questioned al great fe"s'' ~
NJ importance was ec1tod from hln' r,
ro,ngbom p Morris president Of the Giraru ir"
Germany testified that his company had never Iio
money TO Rardslcy discounted any paper iV w.
In answer TO the question Mr.. motifs s''u . -
con,nanv had once held certificate No 400 Oh 'i'o ny
Stone Bank The certificate togethef VII" A.,
80 A5o. 453. and 454 held as collateral OS .'o
-, comnanv for q loan made to Mr.. Wanamokef
= ,,o,oh q 1sa6 Each Of the certificates was ioI
coo sbares The Ian was called in by the trust coi
many on october "a, 1850. Mr.. motifs iliu ,sn
with him the loan book Of his cmpahS' aiu III ,oS
n over Mr. Ettng, a member OF the collin''Vo', ,
his attention TO three loans made 10 INC MY ~, -,
", Morris said that the loans were maze 10 TIC N0S
stono Pant on November 7 and 10, 1Seo. IneS NV'r
,nn, Loans md the collateral offered by the Damn
49, 90 sbaros NJ preferred and ,46l shares Oh con,
man Electric Trust stock Mr. Marsh' Pea'u0'' -
fine keystone Bank, came to Mr. MOTIFS u"u 49,.
the money saying at the time that IL "ouu -, :.
oblge Mr. wanamaler MT. MOTIFS u"u0, ~ -
,ha loan was 70 be made 10 Mr.. Wanaihai'er anu a"
-. ,,rt - we are willing at any time to loan Hf'
uonomolnr sAOO OOOn The loans were repair oS
tho keystone Bank the morning Of the day a'er "leS
u,ere loaned Mr.. Morris said that Subsequently lho
c,ror, Company loaned Mr.. Wanamaker money on whi'
he thinks were the shares OF Electric Irus' sum
Howard Spencer Jones' a clerk IN INC enipoS
Nv Wanamaker was the next witness several oi
,bo certificates pledged by Mr.. WananaKer 10 Ills
brokers stood in Mr. Jones's name. Mr. Jones OK
n,ained that he signed the transfers on the oaFh vi @
Certificates at the request Of Mr.. WanamnRer' nc
did not know that stock stood IN his name MT
Iones said that W. Rankin, in whose name SEVERN
~ the certificates stood, youth formerly I'D uno
emnIov Of Mr. Wanamaker. Several other "itnVSseS
,rero called after which the committee adjourned
Henry H. Yard was araigncd IN the oouF' y,
orortor Sessions to-day TO answer to the charge OF
conspiracy with Bardsley unawfully 10 use the pnDc
bnds Before Yard entered his plea. DlstrctAuor-
nov Graham requested the Court to allow the case 10
90 over until september next Mr.. Graham gave as
his reasons for requesting postpOnemeht tHat
decision WAS expected the suit against the aecnsed
man to compel him to answer the questions OF inc
civ Councls investigating committee when was oi
the utmost Importance, and defining the powers Oh
the committee 10 compel witnesses to answer ana
that Ward was expected to make a statement ana
a for other grave public reasons" The court erahVd
the trct-Atorneys request anu uIo "iSi Va W
was postDOned until september nj, l,...
Va rrmment was heard in the Common Pleas court
~ dav on the question 20 whether or NOT tc COul-
CHS investigating committee had the rght 70 summon
witnesses 10 answer questions. The court hcld INC
matter under advisemeht.