New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-01-26
PART IL.
PAGES II TO "A.
SOME QUEER PAYMENTS.
INTERPRETING ITEMS IN ANOTHER SUIT
AGAINST sTEINWAY & SONS.

,,o,GHT BY HENRY W r. sTEINwAY
.,xsr THE TRUSTEES LEDcERs SHOW
CASH GIVEN TO THE POLICE AND MANY
OTHER REMARKABLE ENTRIES.
,,,,v W r. Stcinway has brought another suit
Inst the trustees of the corporation of stein
~ G Sons for accounting, and TINS promises
- he the most interesting of the many suits that
,be same plaintiff has brought against the trus-
,ocs Of tn corporation and also against individual
,,embers of il. The present action was begun
Yesterday before Judge Beekman. in the Supreme
court Edward b. Hin and Wheeler H. Peckham
appearing for the plaintiff, and c. w Cotterill Tor
the defendants.
The plaintiff asks for an accounting from the
trustees and also for injunction TO restrain
them from the further exercise of the acts com
planned of. The complaint sets forth that the
company has engaged in a general lahu business
at Steinway. Long Island City. and that the money
50 used has not been available III the Ies''ha'e
business of the corporation. and that accordingly
,bs corporation IN 1891 increased its capital stock.
which would not have been necessary had the
funds been used in the proper channels III Is
also alleged that tine corporation carried on
banking business. receiving deposits and allowing
interest them at the rate of . per cent. II is
also set forth that the corporation put in dynamos
and other machinery in Long Island City to run
tho Steinway trolley-road. and in consequence or
this the machinery was not used for the proper
nurposa Of running the factory.
Another interesting allegation is in reference TO
urhat is called the Charity and Donation Ac-
count" of the corporation. 1t shows that huge
amount of money was expended every year III
donations TO clubs charity institutions. political
campaign clubs. public balls. etc Mr. Hill offered
in evidence the special expense accounts in the
various ledgers of the company. This specialeX.
nanse account showed items that Mr.. Hill
road as a sample. one meeting against free sill
her Reform Committee,
SIS"
The concert and artis; account. showing eXpendi-
lures for 1891 OF sos co., put in evidence as were
also the accounts of many persons deposiors with
The corporation.
This charity and donation account and other ac-
counts show some remarkable entries. They start
back as far as 1876. and these, with the ones 10
1851 are the interesting ones There are some that
The Lexow Committee would probably have been
GLAD 10 get hold Of These are extracts from them
December & 1850 jury payment for Steinway. sJ
October 49, 1854 William Stenway election outlay
SEQ May 6. 1855. flowers for Nine. Patti $50 lSSo
rriyate box for the opera season. sl.cc: G. p
Rafael Joseffy 81 49, Hewitt campalgn. SSO music
Tor the Steinway Hose Company. si5,; lsN Xen no
ever sufferers $40 1889 Johnstown flood sufferers
Soyrriasn Yelo: December 81 1889 Long island city
Doice $50 MAY IL issl police captain at the Arion
bail. $50: December 81 1871. two diamond STUDS LOT
There are also entries of two donations OF 500
each to the Reform Club in 1880, and an ITEM teii
qualification to the police when o Mr; iai,'
These are only few items in accounts that run
for All the years stated and amount 10 nfinohs OF
he had no objection saying at that time that
naed;turcs We're necessary and that it was also
necessary for the corpora ton 10 stand IN 'he soo,
tbst therefore donations OF money and pianos were
made to them. The case will so on