New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-11
THE WOODENDS TESTIFY
WIFE'S 10000 STOCK. +
asked If She VIII Remoue 1t, 81,
Says Its Mine"

Dr. William z Woodend and his wife suhr,,..,
to examination yesterday before United s,,..
Commissioner Hitchcock, and both answered me-
questions put 10 them by Abraham Gruber =
ceiver OF the Woodend concern Their presenes :.
witnesses was assured b. an order issued by Ju5-.
Holt directing their arrest if they failed to appa
May Donovan. who was DIR. Woodends steno
"a pher. was present before the examiner but -
did not go into the witness chair Mrs. Wooda-s
was the first 10 testify. In rsSly 10 MIR Cruba~
questions she said she had pank account az ~
Corn Exchange Banks branch at Columb1s-avs
and Seventy-second-st, and safe deposit vau5
there. She took S47C0 out Of the vault a week a.
10 be used bail for her husband
Q.-You own a house in ST. Nicholas-ave:
Yes, inherited it from my mother and also ia
Q-YoG own some stocks of the Hadden-Ros..
Glow did you get the stock Al bcutb,a !.
by check on the Central Trust Company. 3Iy nus
l had lent him to go into business
Odd YOU get any dividends on that StOcs,
Q-1hers was considerable money spent BY Won.
husband last year IN Iutnishins ana Adjoining tia
may have been as nigh $4,000
arSft1 bo8sSq ''-Pi s[S M - iiS sse7ty-
Tuesday in a down sown Office. 1 would have sisnsi
on my mead at that time. because was SO fright
sned knew was signing some sort Of "a ps9e.
that concerned money matters
Q--And when you signed that mortgage did Va,
i'm the house? Al did not uDders;,o.JI' T ~
the house was my own Ii was In nv nar,s "a,
simply know that I was signing a u5rtsase -
$1,000 My husband urged me rot 10 sign H. ~
Q-How did YOU come 20 invest In the HeddsB
Rodee Company? A-Because my husband tod no
.Q.-1Where are those certificates of stock nov.
An the vault of the Corn E.XchanEe Bank
-W EiSu VIII not remove that stock VIII your
Q-Because your husbands creditors claim TIA.
it is part Of his assets At Is mine Ny HIS.
band gave il TO me.
Q.-And the horses? A-Yes
Q.TIiow, much would you sen your horses tor,
pony Puck for anything. az
The examination of Mrs. Wood4ud was then sus.
pended. and her husband was called to the stand
He said that he had been stock broker for
about two years and was induced TO go into tia,
business by his partner. Mr.. Eager.
Q-You did business on rnarginse Ayes
~ ten an oraer Was given. what was done,
Alt was sent 20 the Consolidated Exchange Tor
Off man gave you so as a margin for the
purchase Of million shares IF New-York central
Q.-Were not the customers entitled 10 the stock
when they came 10 you with the differences o.
tween the margin and the balance OF tine money,
Q-Then why did Won not give the customers The
stock they applied for few days ago. A.-They
They knew that / had rot actually received the
stock for them. When "A demand was made by
customer. the stock was bought or borrowed for
Q.-Is there a well in the Consolidated Exchange,
A.-Not that know of
Q.--Then. where did you go with the bucket
Al never bUcketed in my life
Q.-In instances where you did not have the stock
toners. is not that bucketing and crooked? A
That is Wall Street custom
Q-You remember your wife signing the ror;sass
her not do She signed il because she toll
l would go 10 jail if she did not.
Q-And YOU gave your wife S4I0o last week A
on April 81 With The rest OF the money / paid 81
the servants and settled some small bills.
Q.-And that was after the Chattel mortgage O.
your office furniture? Alt was.
Q-What became of the check for Mrs. WOodsndS
Hedden- ROdes stock Al don't know.
Q-Is not the Heddeu-Rodee company in debt ID
Q.-And still the Hedden-Rodee Company vas
paying dividends Of - per cent? A--YeS-
de1-Rodee Sompanvs A-OnIv in the case 81 a
few Offices in which We shared the expense or the
office. I can only recall the name OF one sucl
Q,-Were there not ten Of them? A.-No. Not IS
Q2And You divided the profits for the sale of tha
stock A--No; only in the form Of dividends Il
Q-Were you not to get so per cent? A-No.
Q--Wheu Bradbury came here You talked with
him about your suspension Al did very
Q-And yogy save him check for $40 just be-
the MADDEN Rodee Company for customers cunt.
mean? Aim unable % explain that other Than
II was paid so that Bradbury could take the money
Q.-But mud other checks made out to the Had
tionss Al cannot explain them also without
looking over the books
Q.-tIave YOU any objection to our wife turning
over the Hdddeu-EoGee stock which You gave herr
Al gave 10 10 her i'm good faith. and think sss
is entitled 10 keep it.
The hearing will be continued on Monday at 20
p. m.
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