New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-22

ever. that / never had any agreement or any
'nlng o. that sort with NJ. Canda."
ny canda gave copy OF the option. which
vas placed IN evidence He said he thought the
original had gone TO Mr.. Young
0.-Who made the bs-rs.- MEL, - . -. 80
G9 7 cash and securities Tor b. ~ pay So -
~ -1' v. Manufacturing Company Al presume
fo SLOW many men were employer A-About
b,,,-1---1l4 YOU 60 anything in the way Of ship
re- p, S.Tee OF four on hand now. We only made
shipbulding2 A-Nore bur the TisTe v-ae Fas1-sa
e s -1e sor standardtzng the various things used
49, hes never been operated since the ship
0-14o--5E company ACQUIRED it, A.-No.
.,9-And the S3'o.eoo in frs, mortgage bonds and
$500 common and $4,000 preferred stock OF the
shlpogil6i1E company A-Tes
S,-Dld yo1 ever pay out any Of this in com
Q.-Who first suggested that you 60 into the shin
building company? Al think il was Mr Young
HAD NEVER SHOWN EARNINGS.
Q.--An5 did your plant or business ever show any
earnings At did not
To NJ. Guthrie. in contamination the wit
ness said there were between seventy-fve and
eighty stockholders II the Canda company. and
mat since The sale Of the plant 20 the Shipyards
company the Canda company had been disin-
corporated. and that the stock was all in.
Q.--wlat became Of the $1,000 CASH. At was
Q-what was done with the bonds? A-2Thev
were distributed % the stockholders Of the Can6a
Q-IThat Wa he date os The 1avuert n rha
cash. A-August p 1872
there were several checks A.-Yes. there were
eating sls7.010 1 asked 10 have IL that way. be-
cause Z wanted % use the checks for specific pur-
poses.
The three checks were produced ana placed
in evidence. They were all drawn by the Trust
Company OF the Republic on the bank Of the
Manhattan Company on August L, 1902, and
were as follows.
Pay 70 the order OF Lewis Nixon $4,000.
Pay to the order % Canda Manufacturing Com
Pay to the Western National Bank Of the City Of
pany. 4. KLOH, Treasurer.
Pay 70 the order Of Lewis Nixon $500
Endorsed on back
LEWIS NIXON
Pay Bank o. Manhattan Company. or order, Trust
--'i''S T {. Clarke. sec'y & Treas.
Pay 20 the order OF Lewis Nixon s1soo
I1cCrsed CT back
LEWIS NIXON.
~arsa Manufacturing Company by
''-0 CHARLES J. CANDA. Pres't.
Paw Bank OF Manhattan Company. or order. Trust
Company o., the REPUBLIC DIR So. O. --.-
Mr. NIXON'S ANSWERS.
When NJ. Nixon took the stand he said
he was a naval architect. forty-three years
old q graduate Of the Naval Academy and
naval constructor from 1884 10 1870. when
H.. resigned 20 enter the Cramp works in Phil
adalpbia He had leased the Crescent Ship
wards in the fall Of 1924
Odd you s45se9gqes9 = acquire me property
CIH9T ia5e dl8 you, hold 5he CreSG9ent shin lI;
80 ---5z- l.szeT Al held i under lease uTtll
- ----a= .sar 10 the United States Shpbuild-
ing CouDaDF- ..s -.. --. .-r., 80 4 I'm
49, 80 so-r 7 lid nor own ir fully. only oWieu
curved over the full control - poth COME
-+-e-ta samuel L. Moore q sons ana me ,rescell-
TO me shiptuildiug COMPANY H., r----,.,,- ,o-,-
O-W-rer did YOU crItl.lLt. -l-e ~
-,-r-s-7 In The spring II -. .--s a.. -. ,-o-,-
Prior 70 that time do you -ly- - - .-a
- ,-.-~a7 Al held part OF Il IN ny W Ii3.e
and bought land adjoining - -ai
e How did YOU control the old Crescent piaf'E
a, A a. -5 not al some time before the lorna
Contfnued on fourteenth page