The Birmingham age-herald., 1904-04-02
BOARD OF CONTROL
 HOLDS MEETING
NEW GOVERNORS OF FALKNER
 SOLDIERS' HOME GET TO- eETHER FOR PURPOSE OF OR oANIzATioN-WILL VISIT HOME

Montgomery, April Especial. )-The newly appointed board of control for the Jeff Falkner soldiers home held It's first meeting here today for the purpose of organizing. All the members were pres ent except Captain Westcott, who Is absent from the state. There was little business of general interest transacted by the board
 The salary of the commandant at the home who is to be in personal charge, acting also as secretary-treasurer, was fixed at $50 per month, but the command ant will not be elected until tomorrow, when the board will visit the home in body. They will make careful examina- tion into the conditions now existing and prepare as best they can for the proper future management of the home.s The members of the board were ten- dered a luncheon by Col. Jefferson Falk- ner today.
 ~-~----->---~---~~----o- -------->~-~---~-~-----~ the parties named but MT. Hawley said he did not know.
 MT. Sully, 1t was brought out, used to take his own shares of the profits before sending MT. Hawley his share. r A number of joint three accounts CHawley. Sully and Ray) for the latter part of February. nearly all represented heavy sales, were next read off by MT. Root.
 Hawley's lawyers had In court some half dozen packages containing the mem- oranda of the transactions between Sully & Co. and Messrs. Hawley and Ray. An- other package was reported to be miss ing.
 Netted Big Profit. MT Hawley said there were other transactions for the joint three" ac- counts dated February "A and 27, some. thing over 10000 bales, which netted n profit of 0O0. MT. Hawley said he did not take profit in these profits. "They were credited to his account" Next came another joint three" ac- count, showing these purchases of cot ton-March 3, 25000 bales; March 4, 10,- 400; March IT, 14,600 and March 9, 700 bales
 It developed during the examination that the first transaction MT. Hawley had with MT. Sully was in September, 1903. when he loaned Sully individually $70O,- 900 on securities.
 A letter from Hawley to Sully dated March IS was read by MT, Root. It read in part
 T enclose herewith statement of ac- count, showing so far as my individual | interest is concerned balance due you ] of $S2, ,42O, for which l enclose my check.
 ''E. IIAWLEY."
 MT. Hawley said his check for the amount named was sent to D. B. Sully & Go. It developed that one of "the joint three accounts known as No. B. Suly had a 90 per cent interest, while that of l Hawley and Ray was 25 per cent each. 1 MT. Hawley here made a brief statement denying any co-partnership with MT. Sully That phase of the examination, MT. Root replied, had not yet been reached.
 MT Hawley said that much correspond ence had passed between him and MT. l Sully from September 1, 1903, to March 20 last. He had also seen MT. Sully very fre- quently between December and March.
 MT. Root read from the seventh and last batch of the statements and other memo randa all of which referred to pool opera 1 tions. Hawley's check book was asked for 1 but was not produced His counsel prom ised to submit it at the next examination.
 Before the adjournment MT. Dos Pas sos. Sully's counsel, said:
 Wants to Hurry Matters.
 I've are vitally interested in this in- quiry. We want the subject openely very 1 fully. One of the persons whom 1t may be desired to throw into bankruptcy lives 1 in New Orleans
 Replying to this MT. Root said: we will be glad to receive any suggestion or advice looking to thorough examina- | tion'
 Addressing Commissioner Alexander, Lawyer Davies said for I1awly and Ray:
 You will find our side ready at any time We are prepared to proceed at any time. We desire to facilitate the ex- animation in every way" 1 It was then decided to adjourn until next Friday at Il o'clock. | Roughly estimated MT. Hawleys profits | in the numerous fifteen joint two | and joint three" accounts as brought | out by MT. Root approximated s250'0OO. 1 Apparently his first serious loss was just | before the suspension of Sully & Co.,, as | shown by his letter of March s, enclosing a check for sS2, APO to that firm. Just before the close of the examination MT. Root submitted but failed to make public letter supposed to contain the names of three persons not heretofore mention ed as participants in one or more Hawley- Suly pools The identity of these per- sons, one of whom was said to be wo- man. could not be ascertained. meeting of the receivers and credl- tors committee was held at the Sully off, ces late in the afternoon. It was report ed that the receivers had made new and more favorable proposal to the cred itors, but it was afterwards denied that anything was said or done. No statement as to what occurred at the meeting was obtainable.
  Communicated POLITICS IN THE FIFTH.