New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-05-03
TESTIMONY AGAINST CAKES.
-,,,v,rvE MILLIONS OF DOLLARS NOT
ACCOUNTED FOR.
oosr OF CONSTRUCTING THE CHICAGO TER
,rNAI, SAID TO BE ABOUT 100000. WHILE
THE NORTHERN PACIFIC REPORTS
SHOW THE OUTLAY
WAS $2o.OOO.cOO.

WAS 100000.
-.,..oo Nav 2-Some decidedly interesting testi-
=, was adduced this afternoon in the hearing
~ Master in Chancery Cary. of Milwaukee in
.So netition for the removal Of Thomas F. Cakes
w tho receivership Of the Northern Pacific road.
i.Ooorslng TO the financial reports Of the road the
|,,,l,,on OF the Chicago Terminal involved an
-, ~ 500 100000 in bonds and assumed indebt-
, soss on the other hand. according to- two wit
- the total cost OF this terminal less
-, e 0o0C0O Hence, so it is argued by counsel
w. Rravton Ives and the other petitioners the
80, NJ sl2OoOOOO remains to be accounted for.
One Of the witnesses, Willis S. Jones. was on
49, stand nearly all day. He chief engineer
~a,g the building Of the Chicago Terminal. and
80 his n1emory-occasionally reinforced by refer
os 10 blue prints and an account book-he
,,,gsd the master with facts and figures. All
49, vouchers for the construction of the Termina!
"a he said been issued in his office, and each
no. his Signature. Hence he spoke with authority
W., he said that fair estimate of the cost of
~ terminal including construction right of way
"a .cousition Of franchises. S,2955OO He
.o,a how valuable plates, maps and books had been
.r,rsed by officials of the old company as their
a,sonal property. and had not been seen for years
Colonel Mcknight of New-York. cross-ex-
N.'.sd him at length with view Of laying the
sa"naa,,on for testimony 10 the effect that large
w.. had been expended for legitimate purposes.
A,ob the witness had no cOgniZance; but on
,,oo examination Jones insisted that in his esti-
80 ba had made allowance for all such possible
expenditure r..o,,Ao
The last witness OF the day was w. f. DuncomDe'
.A,sf cashier and bookkeeper during the construc-
.,o, NJ the Terminal He an unwilling WIZ
n W. and Silas " Petit, Of Philadelphia was
nnomnelled TO be brusque in his Intersections ne
S,,eee was asked 20 give his recoHectlOn OF tHe
total of the construction account ana al'er VIZ
W 1ons objection TO the query had been oVerruied
S the master he replied that he could not re1nen-
Ss- Under sharp pr0dding ne was forced 10 du.
~, that he had previously made the statement
Nat The account that passed through ms hahus
rs hetUcen s. O00O 600 and $S.0oO0O lie was sure
4, was mere than $L"00o0 but not sure II was
nvs~ IS 10000 This confirmed the testimony or
Jones. 49, ,o,o, Cerarol
Manager Ainse came into the room ana NJ, he'i w
80 "a demand upon him for the letter-oooks OF
RE predecessor. A. 4. Allen. Mr.. Ainshe repIe1
.ba, no books or documents had been turned over
% him hy Mr. Allen. and that he had never seen
~ hooks referring 10 the business transacted
Nv his predecessor. Mr.. Petit then made demand
that the vaults be searched. Earlier IN the Jay d
damand had been made for the construction depart
menf books but after the lapse OF several hours
e. was reported to the master that the DOCKS IN
question were not in the vaults OF the general oce
end that no clew - them could be OBTAINED, >,
BEFORE Mr. Jones was called 10 the STANG IA, n;
Knapn formerly employed by the ChicaSo lerfninal
as counsel admitted. under pointed examination,
that the consideration named In some OF the deeuS
NJ right of way for the road were not correct, Out
hs could not remember who directed mat the con,
alteration should be incorrectly entered nor WOuid
his memory enable him 10 say upon what grounds
This step had been regarded as desirable
Mr. Petit and the Ives contingent are greatly
elstkd over the developments Of the day.