The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-09-21

drew A. Hamilton from Jan. /, 1900. 10
date. This consisted of tWenty-fOur
uculars beyond the amounts. Mr.. Nash
said only Mr.. HamiltOn's daughter had
power TO draw checks on that account.
John A. Mccall on the Rack.
John Mccall was then called. After be-
ing sworn and giving the preliminary in
formation as to the business and resi-
deEce he said he had been comptroller
OF the Equitable before becoming presi-
dent of the New York Life insurance
company, and previously had been SUI
perintendent Of insurance at Albany. He
said II was true that he had drawn
checks on the New York Life Insurance
company account without the approval of
the finance committee. He said this was
almost daily occurrence. He knew An
drew Hamilton for ten years, Hamilton
IS not relative of his. he added
Mr. Mccall said he himself is the sole
judge of what checks should be drawn
without authorization. Hamilton, ne
said has charge of the real estate of the
company throughout the country on
salary Of $4,000 a year
Checks in Evidence.
Taking up the 100000 in checks sent TO
Albany, Mr. Mccall said in answer TO MIR
hughes that he gave them TO Hamilton
lie said that IN 1903 the company deter
mined TO buy the block in the rear OF
the home office this city. He sent for a
real estate agent TO take up the subject
quickly. The New York Life Insurance
company was not 10 be known IN the
transaction. In December. 1893 the real
estate man reported he thought the block
could be procured for 81 LOO 900 and that
10 per cent OF this should be available
quickly.
Il told him" said Mr.. Mccall. that l
would put him in touch with Judge Ham
titon, and pursuant to that 1 ordered the
TWO checks in question drawn. The
vouchers "a we a
for"
lie procured the vouchers and identified
them. One was the cOmptrOlleFs war
rant and the other Mr.. HamiltOn's re
ceipt The words for temporary use"
on one OF the vouchers. Mr.. Mccall said,
meant that the money was to be used
Tor the purpose decided upon and 20 be
reported back TO the board. He said the
100000 had been accounted for by Mr..
Hamilton.
Mccall Wanted to Explain.
Mr. Mccall here wanted to make an
explanation. but Mr.. Hughts, counsel TO
| the investigation committee, wanted the
account as represented. The account, the
witness said, was rendered orally to Mr..
Mccall at his office. He said Mr.. Ham
street property, and that there is $3.50, 900
still uneXpended. The checks We're pro-
duced. They We're nine in number four
10 the order of John \. GOlding, the real
estate broker and five to the order of
! Andrew A. Hamilton. These, Mr. Mccall
/ said, were checks that had been paid on
| the property, bounded by Elm Worth,
Leonard and Center streets, New York,
/ in 1903.
Merely Verbal Transaction.
| Mr.. Hughes was insistent that the re-
! port made by Hamilton as TO the position
/ of the 100000 should be produced.
"Has this money been accounted fOr?'
he asked Mr.. Mccall
1T has, Mr.. Hughes
| please produce the account
1t was given me personally in my Of
/ flee"
peated Mr.. Hughes.
Ii was given me personally in my or
/ flee" said Mr. Mccall.
senator Armstrong broke in You mean
Yes verbally. The 100000 has not ali
/ been expended.
Questions Pressing Home.
Mr.. Hughes then took up every one Of
[ the real estate transactions OF the COM
pany in charging the home office. Each
/ one Mr.. Mccall was questioned upon sep
arately in an attempt 10 find for Just
/ what plot each one the nine checks was
paid.
! The plots of land bought and payments
/ for each having been identified, Mr.
/ Hughes said that there was still the 800, -
! 900 in Mr. Hamilton hands. Mr.. Hughes
wanted to know why the New York In
/ surance company should leave such a
I Mccall said the purpose was 10
| enable MI Hamilton TO be in a
! position to supply any moneys Mr.. Gold
| ing might require.
But Mr.. Hamilton did not pay Mr..
I GOlding any money, said Mr.. Hughes.
/ NO. he did rot need any
Finance Committee Ignored.
/ ton IN December 1876. were also pro-
/ duced They, too, did not come before
I the finance committee or any officer of
/ the company except Mr.. Mccall, who or
( dered the signatures OF the treasurer and
/ assistant treasurer affixed. These checks
. were paid AiT. Hamilton on account of
the foreclosure of mortgage on the
/ Bennett building, which was finally nOj
! used. Mr.. Mccall then said Mr.. Hamii-
ton had never made any accounting Of
I these moneys and said he had caused an
/ entry on the journal that $4,000 S55 00U.
$4,000 and $4,000 be charged TO expense
\ account.
/ Mr.. Hughes asked if he knew of any
[ reason why Mr. Hamilton should keep
this money and Mr.. Mccall replied he
might be entitled 10 il by reason of a
contract he took TO recover $4,000 ia
taxes from the state Of New York, by
( which he was 20 receive One-Jhird. This
| recovery was made in the United States
I supreme court IN 1904
order Signed by Mccall.
An order signed by AR Mccall in De-
: ccmber. 1893 was produced ordering the
! payment of $4,000 TO Judge Hamilton.
bearing the clause IF he cannot close his
account before the first of the year" and
stating that with this he would take up
S25U0 already advanced by check
/ Mr. Mccall said this payment was
made 10 Hamilton on account of the deal
involving the contemplated foreclosure on
the Bennett property.
Was IL used for that purposes" asked
I Mr. Hughes.
No