New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-23
HELD ADDICKSS STOCK.
Essential TO Secure Possession OF
Com paRy, Says Rogers.

/ rso..o, March 22-Correepondence alleged 70
I have raseed between II. Il. Rogers OF NeW-h OK
and c. .. Burrage. of Boston. IN connection VIZ
/ the consolidation Of the gas companies OF bos1Ol
araiu received attention from counsel examining
Mr. Rogers at opening Of the gas trial To-Day
! Reference was made 20 a letter from Mr. rogers
70 Mr.. Bu-rage which asked for the execution o.
proxies 10 permit the holding q an annual nees
OF the Boston companies.
Nj Rogers said that he understood that Nj i"
son was back % suit which prevented lle &c
ton O. new directors. Another letter referred 70
from NJ Rogers 20 Ny Burrage said that W l.
rlkine s- who would te IN Boston. might have
seine matters 10 present in regard 10 consolidation
bur IL is with the understanding that you VIII con-
FER with me after having heard what he has 10
say Mr.. Rogers said that he could not remember
the result Of the conference on this question
When counsel for Mr.. Rogers objected to ques-
tiorinC him on Butte and Boston matters as irrel-
evant 10 the case Mr.. Whipple said;
am prepared show that Mr.. Rogers, vas car,
Tylng m ms own ~ 3t iSI and i3osfon stock which
prepared 10 show, was actlally oWned Dg
Which was the basis of the consultation OF the
Butte and Boston and Boston and Montana Win
Amalgamatee-
letter written 10 J. Edward Addicks was read
IN which had been check for $4,000 as divi-
dend on eight thousand shares held by him IN the
name Of T. Il Rogers Mr.. Whippe asked Mr..
Rogers II he could explain bow stock belonging TO
7 Edward AddCks stood in his name. Mr.. Rogers
said that 10 secure desired possession OF the Butte
and Boston company Il was essential that the ma
FORTY OF the stock should be held by ono person,
and the shares IN question were placed in his name
FOR that purpose. ''As 70 its belonging 70 the Bay
STATE Gas Company OF Delaware, this IS the first
time have ever heard IL definitely and positively
GO stated" said Mr.. Rogers.
Mr.. whipple asked. did you pay one cent for the
block OF stock you had?'
u never got any stock OF any KIND old not pay
for" the answer.
Mr.. yhipple said that the Butte and Boston stock
had been bought through the New-York firm Of
Brown Riley d CO. He said also that certain or
the books OF the company had been burned ana
that probably those books contained records OF the
Butte and Boston transactions. A little later. when
Nj Wh,pple returned 70 the question Of the cop
per shares. AIr. Rogers said that he probably pur-
chased them from J. Edward Addlcks.
Mr.. Rogers said he advised Mr.. Lawson TO partci-
rate IN the reorganization Of the New-England Gas
and Coke Company. Mr. Lawson declared that II
he cid he wanted Is % per cent Of the prohts
which would accrue. Mr.. Robert Winsor thought
that was pretty steep for not doing much" added
M Rogers. He said he would be willing TO pay
Mr. Lawson 10 per cent, and an agresnsnt 10 that
effect was made
Mr.. Rogers said that when tho question o. re-
cever was brought Up, meeting WIS held at his
Office. and Miss Harrison. as secretary, was asked
% sign rapers from Carey & Whittredges Office,
and she appealed 20 the witness as 20 whether or
not she ought TO sign the document Mt. Rogers
continued:
said that 7 thought the proper course would be
FOR the treasurer Cf the company 10 sign the
rapers. and Mr.. Addicks. being only a rev doors
away. we telephoued him. and he came, and SAID
he willing 10 sign the papers, but WOuld Ike 70
know on whose authority the steps were BEING
taken Carey Whittredge's Offices were then tele-
phoned. and Nr. Whttredge said over the tele-
. phone that 81 proper paper Tor M. ACdlcks
10 sign. A day two aftcrwarQ Ny. AGClcks as
covered that he had signed the wrong paper, and
lie found that he had made affidavit stating that
the Bay State Gas Company OF Delaware, instead
OF the New-Jersey company, was insolveut, and he
has to 60 TO court get the mistake rectned
AIr. Whipple asked why the directors had not
been called together 10 psss such an important
matter as the appointment OF receiver for the
Nev-Jersev company. Witness replied that the re-
oefyer was actually appointed before he knew
anything of H. lie had suspicious. however, that
Mr. Winsors intentions were IA that direction pre-
Mr.. Rogers added: Il ala all IN my power 10
prior TO the appointment OF receiver IN 1s-5o, 1
had no financial business transactions with FNiccerI
Peabody d Co.. except that received a cheek OF
$500 on January 2. and one IN June FOR Sl,4oL
OF S75.el0 January 10 and credited 10 Sir. Lawson.
the latter being charged with the same amount
under date o. November - 1902 pront ana loss
ledger also introduced showed a credit on juno 80,
1893 OF 81. s5l 81. The witness added:
"On August 4. 1913. this Item was onset by
draft payable Miss Harrison. my secretary, Ior
I-awsOn's benefit ] paid no interest, though /
intended doing. because my attorneys advised
10 make no payments after me INSTITUTION OF
tE.s suit I received q registered letter from Mr..
Lawson. but 7 did not open &. There is at
rough guess some 5000 or $500 IN my hands stA
due Mr. Lawson.'
tomorrow.