New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-04-07
INSURANCE INQUIRY WIDE
Continued from tirst page

Tuesdays in Buffalo Wednesdays. and
IN New York. Thursdays and Fridays"
y tried to subpoena him IN Bingham
ton on Monday morning He was there.
4 He had engaged a stateroom for New
I York and didn't occupy IT. Do you know
z Why" demanded the superintendent.
Mr.. Cunningham did not know.
Refuses to Identify.
7 appeared that the ifty-odd sheets
taken from the Ellingwood & Cunning
ham ledger had been handed to Mr.
Hotchkiss by Ar Cunningham earlier in
4 the week. hut he persistently refused 70
/ identify them yesterday.
/ His answer 70 each question along that
line was simply. Il decline 10 answer on
I advice Of counsel"
Mr.. Hotchkiss turned then to a discus
sion IF the methods Of record used in
the former brokerage house. and Mr..
Cunningham talked freely. explaining
the different books used.
Well. I End here a notation. o L.
los Would you say that referred TO
some other ledger" asked -Ir. Hotch-
kise
Yes" answered Cunningham. unsus-
pectingly. prior to the opening Of that
ledger"
Then YOU admit this as the ledger Of
this time"
.'Yes''--
But al this point Ny. stsnchfeld
jumped VI.
Wait 2 minute" he interpolsted
The witness declines to answer"
Mr.. Hotchkiss explained, smiling1v.
that the admission was already on the
record. and after some discussion the
witness asked If he might amend his
answer. which the Superintendent per-
stood. with tho admission. would not he
hurt much by an amended answer.
The records Of the different accounts
were then marked for exhibits. and were
referred to in the questions and answers
by numbers
No. : account was taken up. and Mr..
Hotchkiss pointed out 10 the witness two
entries, one Of October 81. 1901. and the
next Of August IS 1902. with twelve
lines between them. containing nothing
but the memorandum Of various
amounts.
Offers 20 Look Up Records,
Cunningham could not explain. hut
said the cash book would show. The &C
count showed AZ its close an unpaid bal
ance due the firm Of S7.O65 St
Has that balance ever been PAID -"
IJotchkiss asked.
not that I know of" replied Gun
bingham. but he offered to look up the
point in other records and enlighten the
investigator latef
on May IS, 1900. the No : account
showed a credit Of S125 with the nots-
tion beside ct. BY G. 7. r"
What would You say that meant7"
asked Mr.. Hotchhiss
Represents = payment on that &C
count by @. T. Rogers" responded the
witness promptly.
Now, whose name is that at the head
Of this account asked Hotchkiss. show
ing the ledger leaves 70 the witness
AGr Cunningham declared smiInelv
that he could not read the name
The name is L. Bedell." said Nj
Hotchlziss SLOWLY, and one reason why
I'm curious 70 this gentleman Is that
he had something 70 do with insurance
legislation"
Cunningham declared that he knew
nothing whatever of Beden's legislative
activities
The account showed that on Nav
1901. u was debited by cash with
drawai Of $500 and noted beside the
entry were the words. Special account Pc
ON Nay 3. 1901. the Bedeu account
was credited with 2 check Of 9. 7. Rog-
ers for the same amount. 6. 800
Now. what was Tracy Rogers doing
putting money in BedeI's account?" Mr..
FTotchkis= wanted 70 know
Rogers Credits Unexplained.
7 don't know. unless he was lending
money 20 Bedell." said Cunningham
4 similar withdrawal vas charged ~
the account on October II 1901. the
amount IN that instance being g 500.
and q credit entry on November : read:
FROM 9. 7 Rogers. cash. $, 500
Cunninghsn could offer no explana-
tion Of the Rogers credits on the Bedeu
account and Hotchkiss turned 70 the
next bundle Of ledger leaves. which con
tanned the account Of M No :"
on April 3. 1901. We frd here on
Mr. No s. account q cash withdrawal
Of $4,000 That il the day the Legislat-
ure adjourned thai year. as shown by
the Aids case. Could YOU say whose
account this ts7' he asked the witness
ar Cunningham eyesight was a.
poor as on the names of the other
sheets. RE could not read if. he said
and the Superintendent put .lir. No
:" over without revealing his name
The BedeU account memoranda. vher-
ever II touched upon the purchase or
sale II stock. always carried the ex-
planatory word Trans" and Cunning
ham said he believed that referred TO the
stock Of the New York Transportation
COMPANY BY other records Of the for
n1er brokerage hrm, he said il would he
seen just what stock was meant. and
also other records. such as letters re
cei-ed and letter copies az outgoing
mail. together With cash books. journals
and other ledgers and check stubs would
show clearly the extent Of all traneac-
-iche II the firm
His Counsel Skepticai