The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1907-02-28
MORE OF ALTON DEAL.
Mr.. HilIaFd Continues Testimony Be-
fore Interstate Commission.

New York Feb. 2S.-When the inter-
state commerce commission resumed
it's investigation of the Hartman lines
today, it was the understanding that
few hours would conclude the hearing
1t was said by counsel for the govern
ment today that no steps had yet been
taken to place before the courts the
question raised by the refusal of Mr.
Hartman and Mr.. Kahn to answer GER
tain inquiries relating to individual
holdings of stocks. Mr. Kellogg, of
government counsel, said he was not
prepared to state what action would be
taken in this matter.
Before the hearing began it was said
that contrary to expectations, William
G. Rockefeller would not be called to
testify regarding the alleged sale to
him by Mr.. Hartman of 300, 900 shares
of Union Pacific at the time of the So
called Keene raid in 1903.
Samuel FELTON,, president of the Chi
cago & Alton, since 1899, was called to
show that about 81, 00O 900 from income
as against proceeds from the sale of Sc
curities was included in the statement
that showed that $40 600, 900 had been
expended in improvements. The S22-
900, 900 also included $2,7S0,OO0 expended
since last June and paid for by car trust
certificates. This reduced the expendi-
lures from sale of securities in the AL
ton to between $18000,000 and SIS, 900 ,000
Charles w. Hillard, controller of the
Chicago & Alton, who was on the stand
when the hearing adjourned last even
ing, was then called. In reply to Mr..
Kellogg he explained that the branch
line or cut off, from a point near Muir
rayville to Springfield which he yester-
day testified had been mortgaged be-
fore it was built, was one which the
Chicago & Alton had a right to build.
The proceeding was not unusual. The
enterprise and the method of mortgag-
ing were legitimate. The line of inquiry
was evidently meant to correct the i'm
preston left by counsel's questions and
Mr.. Hillard's replies yesterday.
Then Mr.. Kellogg asked a series of
questions eliciting a statement of the
Chicago & Atoms assets and liabilities
in 1898. before Mr.. Hartman entered
the property and at the present time.
These figures were taken from an an
nual report, showing that before 1898
it's capitalize ton was in round numbers
s33, 100000 against $122,S72,32S on June
last.
The witness said the car trust certifi-
Gates were not included in the capital
ization, so the total should really be
S125, 600, 900 and not $122. 100000
Mr. Kellogg examined the witness at
length as to the books of the company
and had him produce, identify and
explain many of the accounts already
covered by evidence. The witness pro-
duced a record showing the stock
standing in the name of the syndicate
managers.
Mr.. Kellogg endeavored to show that
the Hartman management of the Chi
cago & Alton had capitalized the debts
of the old Joliet & Chicago road prior
to 1863, but Mr.. billiard said his know
ledge of the roads affairs did not go
back that far.
It was elected. however, that there
never had been foreclosure OF the
Chicago & Alton railroad or railway
while the old Joliet & Chicago had
been foreclosed. The witness was ex-
io17 IL fG
claimed the Hartman party added to
the capital of the Alton because that
amount had been expended on inn
provements or had been lost by for
mer shareholders
Mr.. Lovett, of counsel for the Har-
riman interest objected to Mr.. KEEL
logg assuming that SO, LOOK. 900 of the
amount represented loss to an old set