New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-28

body, because he was not receScized III any oSiA
Officers No wbo ~G sre authorEed presumably Mr. JOr
o nay Il yent TO the credit Of this account? A
o-And undoubtedly it was Equitable money as
apSeaTs from this statement? Ayes
"I w A. NO 3 ACCOUNT" BEGINS.
After running through the list of items in the
hook. including an entry of $1e,402. received
from profits in Union Pacific syndicate a sum
hitherto unaccounted for, Mr.. Hughes reached
the entry relating to the famous j. W. A. NO
8 account" This entry established the reiation
between the &c. W. Squire Trustee" account
and the $685. 900 yellow dog fund" The testi-
mony follows
o.-Now. I find on the other side of the account,
as a charge against these credits under cate OF
December 50, 1901 the following phrase: Check ,
drawn to the 70 ORDER f M II trust Company to
reduce ] w A. No account, 10000" Do you
reeTTPbe ere ap %as tnaf ". 4 No. account? A
Q.-And that was kept where? Al believe in
the Mercantile Trust Company: +,o coors.
QNow, this check was otaWh w on ra M IF fhs1
other account? A-Yes.
Q-Do you remember who drew that check? A. A.
All checks were drawn. SO far as I knew, by Mr..
Jordan who kept the checkbook .,.n.d 90
stated before. by two of the three parties men
QSwhat was this ]. ". A. No, account? A.
don't know anything about it 1t is J. W. Alex
o9Yes, but you don't know anything about it7
QEWhere did you get the information about this
ehsok5 > 4 A. ron Nj + Sc Squire
thing a6on nf Eye you any sir Just told to
d he give you s ddn r t56 Saf To
have had any, and all memoranda have had
have always kept
PROFIT GOES TO YELLOW DOG"
o-Then We go into 1902 and we find this BALANCE &c
% Of he has sesd7 bee placed 10
credit of George H. Squire. trustee. and also an
o fm P Wa3 FEa 9 lP9 link the Me
camille Trust Company made loan t2 that com,
Which they received their Interest 1t was loan
Besides that think nt they Fcn o tbe Eouabe LIES
books. # was put to the George H. Squire trustee
dom 9Re undsgstsad t that fSq mean by
Q.-Was there a sort OF bonus Oh the loan? A.
Yes. which they received .,-,- -.
loan g P hg the iGa9 Effect G6n
the details of it. but know there was loan' and
o:-You mean 6y you; books the Equitable Life
Q.-And the loan is on the books? A--Yes
Q-And the interest? Aye. -, .r.a ,vsrt - ~.
eeorg en Il. sc Squire fD5G account sn1 AHYes
Continuing his examination. Mr.. Hughes
turned TO an item OF deposit In the Equitable
Trust Company TO the credit of George H,
Squire, trustee" of $4,000. but could find no
corresponding item In the book The witness
failed to explain this.
Mr.. Hughes next took up 100000 participa-
ton in West Virginia Central and Western
Maryland Purchase Syndicates. in the name Of
George H. Squire. trustee"
SYNDICATE FOR THE FUND"
The first payment called was asked from
James H. Hyde in letter. The letter follows;
Equitable Assurance Society.
120 Broadway New-York
Vice-Presdent's Office.
Dear Sir: On or before March 81, 1902. viii you
kindly send check for $4,000. being 20 per cent
west Virginia Central and Western Maryland Pur-
chase syndicate allotted to George H. Squire
trustee for the benefit of James w Alexander and
Thomas D. Jordan Trustee account
Yours very truly,
JAMES H HYDE.
Mr. Hughes then questioned the witness con-
corning the James W. Alexander and Thot2aS
D. Jordan Trustee account" The witness de-
clared he did not know. but, prompted by Mr..
Winthrop Mr.. Hughes elected the fact that he
believed it was Identical with -. W. A. No.
3" account. and that the $4,000 was paid to
this account
A second call for 20 per cent made by James
H Hyde was then discussed. The letter in this
case was addressed TO J. W. Alexander, trustee,
while George H Squire, trustee. had the par
ticpation. The witness expressed the opinion
that this was clerical error. This $4,000 was
paid as was another similar sum further
call. again in the name of James H. Hyde.
There was a fourth cali for $4,000. Mr. Hughes
then reverted to original credit of $4,000
on the books. The witness admitted that It
must have come from somewhere" but could
not explain the source
At this point the committee adjourned hav-
ing sat for an hour longer than usual
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