The evening world., 1893-11-25
COLEMAN HAD THEIR MONEY.
Maurice ]. Power and Major
Duffy Were Investors
They Had Large. Iuterests In tho
Mutual Brewing Comp my.

Tn examination OF Matthew Coleman,
formerly the President u the Mutual
Brewing Company, Of college Point H.
l.. charged with grand larceny, was
uLmed before Justice Ryan in the
private room In Essex Market Court at
1899 this morning.
Coleman Is the man who Is charged
with palming of on the West side Bank
,S good securities notes signed by ir-
responsible loungers about barroom
at "a Cherry street and thus securing
some $4,000 from the bank.
IL is also accused Of getting his
friends into the Mutual Brewing Com
pany Of which he was President, and
causing them To drop good many thou
sand dollars. Among the chief victims
were Maurice J. Power. leader of the
County Democracy. and Major Edward
Duffy. Of the SiXty-ninth Regiment
the latter the receiver of the Mutual
Brewing Company.
The first witness to-day was President
Tietien, Of the West Side Bank. who
was recalled 20 show who had drawn
the money placed to the credit of the
Mutual Brewing Company when the
worthless notes were discounted at the
bank.
Mr.. TIetjen had already identified the
/ ,otes. which. IL is alleged. were signed
by irresponsible persons, and had testi-
fed that IN the dates when these notcI
were discounted by the bank other notes
believed to he those of bona iide Gus
toners Of the Mutual Brewing Company
came due and were taken up
President retjen testified that checks
M the Mutual Brewing Company wer,.
signed by Matthew Coleman, President.
and John y. Hayward, jr. Secretary.
These were the signatures unul May,
was substituted for that of Hayward.
All checks for the Mutual Brewing Com.
pdny bore the signatures OF the President
and Secretary. When notes We're dis
count Of the Mutual Brewing Company
and the money checked out In the orli-
nary course OF business. on these sigma
lures.
The next witness was Harry Evan. of
Gd5 West Nineteenth s,ren,, an expert
ac2"dntdnt and bo)kkeeper for the
Mutual Brewing Company from Septcn-
Der. lsSs Lp. 10 the appointment OF the
receiver in June. 1898.
He was peri 'c;ly familiar with the
customary for the Brewing Company to
take the notes OF customers secured by
chattel mortgages. Th .sc notes were
considered good comm ercal p1her. Tor
the property was always worth rCre
than the face of the note. 1T was the
custom OF the Company =" get it's GUS
toners notes discounted ut the West
Side Bank when they came due Ger
orally II part vas paid and new EUtr
taken for the remainder.
TIL" witness deta led the taking OF
several nDtcs. which. h said. wete
good. giving the responsibility Of cnch
maker HIS examination occupied most
OF the morning
Evans told in detail how the blanl;
notes were given to comstock at Mr..
coleman's request. and were returned
signed. Evans kept these notes in the
CnshboX until Coleman needed them.
Then Coleman, said the witness. filed I'm
tho notes and sent them to the West
Side Bank to be discounted
Coleman. said Evans, suggested pro-
curing the notes because the West Side
Bank refused to longer renew discounts
unless the amount of each note was re-
duCed.
Coleman knew that II IN" notes went
to protest the customers would get somt
other brewery to take them up. and til.
Mutual Brewing Company would lost
, trade. Then the kitng began.
The renewal notes of real customers
We're put In the cash drawer and Cole
man t0iu witness to put these notes OF
the hooks AS collateral for l0fns Of Den
mis- Coleman TO the Brewing Company.
Evans was still on the stand when. al
noon. the examination was adjourned tC
Tuesday next at . i. NJ,