The Detroit times., 1909-06-08
AMER0N CURRIE TRADED y
IN NAME OF H. B. LEDYARI
tco.,lnued from Page oseJ


ade by the employees In his presence
TO the transactions they had car.
ed on. substantially as set forth In
e conspiracy complaint. Fred Dol.
ms name was not mentioned at that
me, however.
What was done with the funds that
me into the firms possession In the
gular line of business?"
They were banked TO the firms
edit."
Were all your stocks paid for at
e time OF the failure?"
mo. but there were margins OF
bmething like 100000 due us after
fttling with our eastern representa-
ves.''
do you remember Case denying
bat be had any fictitious accounts?"
mo"
Attorney Edwin Henderson took up
pc cross-examination.
did you not have a talk with these
efendants while the grand jury pro-
fedings were pending before Justice
tein?" he asked.
Mr.. Currie recalled none specifcal-
las n matter OF fact did you not re-
hest them not to testify against you
|efore Justice Stein?"
mo. l did not"
Isn't Il true that you solicited all
hese men TO be as lenient as possible
18th vou?''
II made no such request"
rHaven't you called them up since
Ind did you not tell them that you
ad nothing TO do with their arrest,
md did not believe they were guilty."
did call them up and say didn't
ign any warrants or make any con-
piracy charges against them
And you don't believe now, do you,
hat they had any intention to de-
Faud you?"
mo. don't think there was any In
ent. Things just drifted along
But Attorney Henderson's next ques-
ion cut short the answer. which may
Become of considerable Importance
before the case is finished.
! Isn't II a fact that you've done all
You could to shoulder the responsible
ny on Case?"
II have not"
Didn't you instruct your attorney
o secure his arrest?"
mo, sir
Didn't you keep tab on the grand
Jury proceedings and make 1t a point
bot TO be called as witness until
nfter Case and the other boys had
Iestifed?"
mo, sir"
Henderson then referred to the
meeting of Currie's friends in the office
BIZ Attorney Philip II. Mcmillan i'm
after the failure. Mr.. Cur
lie said that while he promoted 1t. he
MAS not present, but he followed the
course mapped out.
Wasn't 1t decided at that meeting
10 lay the blame on Case?"
mo"
Henderson exhibited copy OF the
bill of complaint filed in the circuit
court, asking for a receiver. In which
Case was charged with mismanage-
ment. Currie said he understood II
was to be a friendly suit.
"You knew YOU were as much re-
sponsible for the failure IL not more
SO than Case. didn't you?" the lawyer
asked.
II know I was not
''If you were not trying TO save your
self. why didn't you be the defendant
and let Case be the complainant
That wasn't discussed"
NO. Case was to be the goat, wasn't
ae?"
81 don't know anything about that. ="
Mr.. Currie said that. with the ex-
Tho II Dnrka ann Frank
=. Andrews accounts he knew nothing
of any bad accounts at the time or the
failure.
= Asked IL he had not been questioned
as to what fictitious accounts he car
ried on his own hook, when the re-
ceiver was questioning the employees.
Mr.. Curries' reply was:
There weren't any. Ny accounts
were all susceptible Of explanation. |
had no account OF my own In any
other persons name"
"Didnt you trade under the name
Of Henry B. Ledyard on your own &C
-ount?" demanded Henderson.
mo. sir. That was a joint account.
though the trading was all done In
Mr.. Ledyard's name"
Mr.. Currie went on to explain that
the account was opened 10 years ago
and had to do with 100 shares OF
Bridge Co. stock. The tran
sections resulted ultimately In loss,
ne said, and in May, 1908. the account
had been closed up and transferred
% his own personal account, as the
books were about to be audited and
ne wanted to clean up everything he
was personally accountable for.