The sun., 1907-10-09

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nsr, tlil.~l - - Wiliem L.. flhins ssd
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the-. checks were an sen, Nv Mr.. pr,dy
o. A, w.i,,ox ~, ,,,... 81, an. NJ,
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that railroad was bought from VIZ brshy
for tssS S1 10. The full expenditure ~
being carried nov by the Ne,ropoli,sn A.
nm as..,
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''''''r'~ '"hI""N7 ""oNs r'hce NV
shows that President W. ". Nreeland oi
the street railway lines has received sam npi
over and aboyk his aalarv for cxne,sea
nf ,hi. a,,,,,,,,, ,,,,,r, ,k,, .,s. ooo = ,
"''"'"'"" ''' Wv MY ''"'"''~' =" '"' -
'he COMMISSION experts nave peeh 'n'" '"
find out.
The accountants have turned m two
payments Of 5000 each To J. Sergeant Cram
in the spring Of ts0t These. il was said
were for legal services. but both are charged
to the property and franchise" account
thus constituting an asset. A. that tim"
MIR Cram was chairman Of the genera
committee OF Tammany Hall.
80, n',n , "'
Ne,,s hack in Aupust Ieo, The Ioa
has never been repaid. and the Da,iv Nov.
has s1speuded publication.
Two pavmen,s for which no voucher.
con be round were made by the Metro
politan Securities Company to Thomas p
RYAN one of s2,Oo0 i'm June Ia03 anI
another Of s2s. 500 in August Of the same wear
Both were charged TO a general suspensc
account and have never been DISTRIBUTED
from i, into the company's ledger. The
latter payment was made through the
STANDARD Trust Company. and Mr. RYAN
name does not appear in the Metropolitan's
books in connection with il. Paul y
Cravath, counsel for the METROPOLITAN
interests declared that the S2s 500 had been
rtpaid
Tx-.mstice william y. Cohen sold TO The
Metropolitan Securities Company in Febrr-
arv of the present wear two bucks of Metre.
politan Street Railway stock at 1857, whic'.
wns the pric. paid hv his clien, two veay,.
before. Tire pnvmcnt amounted to s3a.O,G
METROPOLITAN was quoted about that trr
a, ,05 and sale of 100 shares was made
a Few davs ago at qi.
.,,,,.,,
Th" WALL ana 'ortlandt street Ferri"'
Railroad II ih" successor OF the IHltor,
Wall ~tr"ei and tortlandt Street ferr.c'
Hai,way 'ompanY. The latter was ofEf;-
iZcl in 1883 for tNc purpose oi bGIldinF =
line from the Wall street 20 the Cortian''
stree; ferry. The late Patrick keena1
vas at ore time president of the roar
Up to 1907 il had managed I" issu" ahori
sts7."oo Of y total authorized capital q
s-0O,Ooo and had contracted funded debt
oT a'oHt 500 "m. No heglnning, however,
lad cver been made on building the road
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