The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1909-06-11
BOURKE" ACCOUNT
REAL CAUSE OF
FAILURE
In Trying to Replenish Capital to
Extent of This Loss Currie
Says He Ran Short Of
Margin Money.
Justice Jeffries Takes Witness in
Hand and Brings Out Important
Bit of Testimony.

Henry b. Ledyard was on hand. as
his son had promised, when Justice
Jeffries again took up the examina-
tion OF Louis II. Case and six former
employees OF Cameron Currie a Co..
on the conspiracy charge, Friday
morning. The son. Attorney Henry
Ledyard, accompanied him, and they
sat together among the crowd Of wit.
nesses and spectators. most OF whom
were present In connection with other
cases OF minor nature. NJ. j.
Bourke. who gave interesting testi-
mony Wednesday afternoon. was also
on hand
The books OF the concern. four big
bulky volumes. the production OF
which was demanded by Attorney
Henderson. were brought in an ex.
press wagon, carefully guarded by Re-
ceiver Austin, In whose custody they
are. The attorneys pounced on them
eagerly and made a hasty examination
OF the accounts that interested them
most-notably the Ledyard and
Bourke accounts. while Justice JEFF
fries was engaged in disposing of the
regular morning docket
0tStV WotSUco UCdEbN8s
Police Justice Stein admitted. FRI
day morning, that he Is keeping close
tab on the progress of the alleged con-
spiracy cases against Louis II. Case
ct al. before Justice Jeffries.
will you take any further action
II this prosecution fails?" was asked.
1T all depends on what comes out
in the examination" replied the JUS
tice. II want 10 see II this court is
being buncoed. In that case there
will certainly be some further war
rants"
If the present cases fall through
will you be prepared to issue new war
rants Immediately"
Il think not; IL would take little
time"
is a further grand jury investiga-
ton contemplated?
Il cant say now: it all depends on
the present examination and what H.
brings out"
II was 9:35 when the examination
nnallY got under way and Mr.. Ledyard
was called 10 the stand. Though called
by the prosecution. Attorney Hender-
son, for the defense. took up the ques-
tionlng and Mr.. Ledyard was plainly
in poor health. He walked feebly
with a cane, and climbed to the wit
messed stand with difficulty. During
the examination he held his hand to
his head almost constantly.
Asked IL he had received state
nent from the firm after the failure
showing that he owed $4,000 he re-
piled In the negative.
Did you owe the firm $4,000 on Jan.
81. 1902" continued Mr.. Henderson.
reading from one OF the books.
No" was the answer.
Backs Up currie's story.
Mr.. Ledyard substantiated Mr.. Cur.
rie's testimony as to the joint account
he had with the latter. He spoke 70
Mr.. Currie in 1903 about closing OUT
the account, he said. and was informed
by Currie from time to time. as they
played golf together, that he was grad
uaIly closing 1t out. Finally, In 1908.
Currie told him he says. that the
tradings in the account had resulted In
a loss OF between $4,000 and $4,000
and IL he. Ledyard. would give up
$4,000 Of his profits 1t would square
things up.
Asked about several separate tran
factions, Mr.. Ledyard said he was I'M
able to answer as he had left all these
matters 10 Currie.
what am trying to find out Is
whether Mr.. Currie was trading In
YOUR name without your knowledge or
CONSENT"
LAS far as I know. he did not was
the reply. Il don't think Mr. Currie
would do that
Justice Jeffries asked Mr.. Ledyard
,~-.s-a ,. puu. Teul