The sun., 1908-04-10

had been placed 10 his credit. Mr.. Ryan
thought he was In California or Virginia
when the check was placed to his credit.
He knew nothing whatever about the pav-
ment OF the toS5,OOO 10 Brady.
Although he had been elected director OF
the Metropolitan Securities Company he had
not attended a meeting UP TO the time the
Wall and Cortlandt purchase was made.
IL was true that he voted 10 approve the
minutes Of a meeting which mentioned this
purchase, but II was included in lump sum
with the purchase prices Of other properties
Mr.. Ryan was on the stand nearly all day
again, and there was almost a. much Vrang-
ling among the lawyers as on the first day,
Mr.. Nicoll asserting that the action was
nothing but fishing excursion on the part
Of the King committee to get evidence on
which 10 base other actions
Mr.. Ryan. speaking Of the abuse Of the
transfer system, called the attention Of the
Court 10 the fact that II had been demon
strated recently that man can get on q
surface car In the morning, ride all day long,
getting on for his dinner, and then 20 home
sleepy at midnight, all for ten cents, and he
will have two transfers left when he gets
through. Mr., Ryan gave II as his opinion.
however, that the issuing Of transfers be-
tween the crosstown lines and the elevated
and subway systems would be OF great
benefit to the Metropolitan lines,
Mr.. Ryan said that he transferred all
his Metropolitan stock into Interborough-
MaNHAnaliNa0, a. ha ~ ha
1T would not have been honorable.
said he, 'for me 10 have kept out any after
advising others 10 transfer their holdings
into Interborough- -Metr opolitan,'
Lawyer Kremer wanted 10 introduce
the complaint in an action for an account
ing that has been brought against Mr.
Ryan and others by Adrian II. Jolne and
Douglas Robinson, the Metropolitan re-
oeivers. Lawyer Kremer thought II
significant that no answer had been filed
to allegations in this suit. although the
complaint was seryed.on January 2s.
@Joline and Robinson have thrown
few bricks at my client and he hasn't thrown
any back" said Mr. Nicoll They have
sassed him and he hasn't said anything
back. Are you going TO condemn my
client because his lawyers haven't
answered."
On cross-examination Mr., Nicoll brought
out what he had been trying to get in for
two days while Mr., Ryan was testifying
on direct examination as the plaintiffs
witness, and that was Mr.. Ryan's lack Of
responsibility for the New York City Rail
way Company's reports Of 1895 and 1905,
The plaintiffs allege that these reports
we're fraudulent and they ask $500 damages,
representing the decline in their stock
holdings
Mr.. Ryan denied that he had had anything
10 do with the preparation Of the reports.
that he had been consulted in regard TO
them or that he had seen them until after
they were made public. Although a direc-
tor when the 1905 report was issued he
was not present at the meeting that had
authorized IL and he had resigned from
the board before the 1904 report was issued.
Mr. Ryan said he knew Of nothing fraudu-
lent in the reports and he would gladly
accept the word Of the public accountants
who certified 10 both reports.
The cass-wil 60 on next Monday, when
H. H. Vreeland, Douglas Robinson. Grant
B, Schley Thomas P. Fowler and others
will be subpenae1 as witnesses