New-York tribune., 1908-03-11
LMBURG'S CASE ENDS.
BRIEFS FROM BOTH SIDES.
Ner Turn in Suit against Nesi
York Cita Roilscay Company.

The New York City Railway Company. through
its counsel Paul d. Cravath. will not can a sns'e
witness TO defend the charges made against IL oy
Attorney General jackson. through his speciai
<cunsel Herbert r. I.ir1lhurg, who ended his case
YESTERDAY Justice Davis. of the Supreme Court
before whom the effort prove the company IN
solvent and TO annul its charter was Haoe' 'a1
that a summing up would be necessary
would hear other cases in the mean time, ne saio
.snd it would be best 20 submit brlefs 30 MI
Lrnburg will submit his brief. and so VIII ar' u
vath but not before they so over the ooculheii''
together II there should be anything caillhs ior
@ disagreement they may call upon the court 10
but if not the briefs VIII be sen, 70
Justice Davis in a few weeks when ne VIII go over
them and decide the case
With all the promises of Mr. Linburg % call Au-
gust Belmont. Thomas F. Ryan. or District At,or-
ney Jerome the only one he had IN court was M
Jerome. H II. Nreeland, the president OF tie
New York City Railroad. was called as WITNESS
but every question levelled at him went "ioe Oh
sbe mark, Mr.. CTavath's objections were uiheio
by Justice Davis That was almost the uniform
fate Of questions from Mr Linburs tha' were op-
!ected TO by Nj Cravafh-
The hearing yesterday, as usual. fairly prsueo
with figures Soon after the opening Mr. CraVath
raid TO the Court, when certain transactions were
called into question. that the affairs of the COM
pany had become so complicated that immediate
explanation impossible Again and again MI
ilirpburg tried prove that the New YORK III!
Railway insolvent for a long time. and en-
edged that separate ACCOUNTS were kept ana
that while he was sure there was no deficit. II
would be impossible 10 show from the BOOKS What
the earnings of the prosperous lines were
Again and again Nr. Limburg led the general
auditor Of th@ company, H. W Brown through
the nazes Of stock transactions which the special
counsel frequently alluded TO mere exchanges
CT securities exchanges of checks, to prevent
insolren1 siowings. but Mr.. Brown in each in
stance his former testimony One ex-
ample Of what MI. Inburg called jugglery came
out when he asked Mr.. Brown about check for
s. SIS so of the Metropolitan Securities Company
sn payment Of The balance OF its subscription 10
ton
How is il that this check is dated May q and
the entry on the books reads of the date May 22?
asked Mr- L4Inburg-
1t must have been mistake Of the man keeping
the books - Mr. Browns reply.
Nr Vreeland called the stand to answer
questions about the value of stocks and bonds on
May -. 1907, show whether the railway able
obligations that time. who arranged
secure money from the Metropolitan Securities
Company 10 meet obligations. why the Metropoli-
tan Securities Company advanced money 10 the
New York City Railway Company demand notes
par when II had a contract accept at 20. and
other questions. all with the purpose OF clinching
information which Mr. Ilmburg had secured from
other witnesses. Objections by Mr. Cravath shut
CT Nj L:nnburg all these points.