The sun., 1901-11-10
JUDGE E. P. COYNE ACCUSED.
SAID TO HAVE USED MONEY OF
AN ESTATE IN SPECULATION.
Tho Specific Charge IL That He Deposited
. Draft Drawn TO the order Of John
Co,ne to Ills Own Account with Kerr
4 Co. and speculated with Proceeds.


ROCHESTER,, Nov. The charge Ia made
In hearing before William Carter as referee,
In a Supreme Court action brought by
John j. Haggerty as executor Of the estate
Of William Bowen that Edward p. Coyne,
County Judge and Surrogate OF Livingston
county, deposited to his credit with Kerr
a Co., stock brokers, at 20 Broad street,
New York. a draft for S9,9sl.70, drawn by
Haggerty to the order OF former Deputy
Attorney General John p. Coyne, since
deceased, and that the money was mostly
sunk In speculation. The motion TO have
Judge Coyne implicated as defendant
for the purpose OF forcing him TO make
an accounting came up before Justice
Nash to-day, but at the request OF Judge
Coyne's attorney II was adjourned for
two weeks.
The draft was drawn Oct. -, 1899 at
the Society for Savings Of Cleveland. where
William Bowen. q wealthy resident OF Liv-
ingston county, had a large deposit. II
was drawn on the American Exchange
National Bank OF New York city. The
draft was authorized by Mr.. Hasgerty.
the executor. On Nov IL. 1890, the draft
was presented at Kerr 4 Co.'S. II was In
dorsed by John Coyne, and Judge Coyne
deposited 1t there to his own individual
account.
Tho chief witness before Referee Carter
was Henry H. Bradhurst OF Newark. N. j..
a bookkeeper for Kerr a Co. Haggerty's
lawyer, after establishing that Judge Coyne
brought the draft to the brokers' in person
Attempted to show what became OF the
money. but was limited in his proof to
testimony regarding this particular draft.
He said that Judge Coyne had been play
ing the market" for a year before the draft
showed UP and that his account Is still
running there Here is some Of the tesu-
mony that followed
What was done with this draftI'
1T was deposited by US In the Bank ~
swhat was done with the proceeds Of that
draft'-
AS a payment upon what, the account
that you spoke Of here''
"Yes, sir His personal account
BY reference TO the books Mr. Bradhurst
testified that Judge Coyne had drawn per
sums: SUMS Nov. II, 1909, $500; Nov. ~, 1899
s24O; Feb. s, 1900, 500; Feb 8, 1900, siie50
March 10. 1900, $500 April H. 1900. sl7s;
total, 81 1850. Bradhurst also testified
that no sum Of money was deposited i'y ey
the exception Of an item Of Siso.te.
BY Mr.. Forsyth-At the time that
%, ,e6i 10 was placed 70 the credit OF Ed
ward p. Coyne do you know whether or
that sum Of money! A. He did not.
o. How was that credited TO him on the
books Of Kerr 4 Coz A. In the regular
way Of deposit credited to his account.
Q. For what purposef A. For the carry
ing Of stock for the margining OF tho ao-
count.
Q. What do you mean by the marsining
| the purchase OF stocks.
O. Do you know whether or not 1t was
all applied upon such transaction, except
| ing such sums as he drew personally, as
| you have testified A, II was
q What was the business relation OF
Kerr A Co. TO Edward =. Coyne, that OF
partnership. agency or whatr A. Brokers.
. In what line OF brokerage' 4. STOCK
brokers.
Q. Buying and selling stock - the New
v During tlle time that the account
was running was Edward 7. Coyne porson-
| ally Ina the Office Of Kerr Cor He was.
O Numerous tlmesr A ies sir
u And had personal knoNleige of the
| transactions which occur IN thus acoounif
A ies, sir
Mr Bradhursi said statements were Sent
10 Judge Coyne at his home Ia GcnaseO of
the condition of this account On ths first oi
each month lie testified that he thought
John Coyne had also traded Ia stocks with
Kerr A Co but did not have a regular ac-
count 11ls closest hs testimony, With
the eIneption ~ n short cross-s hAnnhailoh'
OblsotlOns are made 90 having Judg"
CoyI.e made a Iarty - "a. action aIid th'ss
VIII appeaI at tle AIgumrnt Of tlIs motion
two weeks h-uo. II will h. denied thai
Judge Coyne urs-d up the property ~ th"
..staLe iu sto,k speculation of that 4" -
a IL. N.Ia n d. ~ III
Probably no man in IuilC hir lu ~e-t'fn
NeS lofk ~ ninIo extensively knnNu h"t'
hbnuts OF in New iork city than Judge
Ioyns, and great ruuHt- is "tpicss' 4