New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-08-06
HOFFSToT NOT IN court
Risks Loss of $4,000 Rather
than Return to PittSburg.
TO TAKE DEPOSITION HERE
Alleged Agent Sues for Fee Tor
Services in Furthering Real
Estate Exchange Deal.
fBy Telegraph TO The Tribune ]

Pittsburg, Aug. sit was up &c Frank
y. Hofrstot. president of the Pressed Stee!
Car Company, to-day to supplement the
testimony Of his secretary, Edwin {. Saun-
ser. of New York. together with the test-
mony of q number Of New York brokers
and Thomas W. Jones, New YORK mill
ionaire. in the suit of Jacob H Goehrlng
TO recover s3s.01o commissions from Hon-
stot and Jones on real estate deai IN
,-oIrinr New York and Pittsburg property.
Mr 9orfstot. however. failed TO appear be-
fore the Lawyers Court Of Compulsory Ar
filtration. and attorneys representing Goeh-
ring ana the defendants agreed TO take
N. deposition of Hoffstot IN New York
next THURSDAY
7, Hoffstot had appeared in court to-day
he would have been Immediately arrested
bv county detectives on an indictment
charging him with conspiracy to have GER
tain banks named as city repositories
Hoastot's fight TO keep away from this
city Is now before the United States SUI
prerne Court, and although he was prin-
cipal in the local case he sent his secre-
tsry here TO tell his story preferring to
let the matter go by default If the arDi-
traitors refused to permit the deposition TO
be taken, rather than visit Pittsburg at this
time
The case involves al exchange of Pitts
burg and New York property valued at
about S. SOC 600, in which Goehring claims
commission as agent Each side swore to
a statement Of the facts contraoicting the
other Goehring testified that the New
York property was offered to him Tor
deal by sn agent of L. NJ Phillips & Co..
New York brokers. The property consist
ed of two Office buildings at Broadway and
Franklin street and Broadway and Leon
ard street. New York. A trade deal was
arranged for Pittsburg business property,
and Mr. Jones' Goehring SAID, came TO
Pittsburg.
Goehring had taken up the matter with
the Westinghouse interests and others In
Psttsburx, who sent an agent to New York
to look over the properties. In order 10
put Il through, Goehring testified, it was
necessary to raise some cash. Goehrlng
aid he went 10 New York and called on
Hoffstot- He said that Hofstot. after lis
tening 10 the proposition. agreed to make
n loan of $4,000 upon g promissory note
s,ened by Mr.. Westinghouse, but later de-
el,ned 10 do SO unless collateral security was
furnished for the loan. Thus it was that
Hoffstot became familiar with the trade
snd made q thorough examination OF the
Broadway properties, it was testifeo-
Goehring stated that Hoffstot had given
him his Pittsburg properties for sale and
saws he suggested to Hoffstot to purchase
one of the other properties from Nesuns-
Rouse in case the Westinghouse Company
secured them. by giving his Pittsburg
properties and transferring them to New
York. as ne was making his home In New
York City.
There were several meetings in Ne"
York and elsewhere, according TO Goeh-
ring. and the deal was apparently dropped
but several months later he learned that
the deal had been contaminated without
his knowledge. In an affidavit OF defence
Horstot denies that he agreed to pay any
commission or that he gave Goehring the
exclusive agency for his llttsburg proper
r,es He also denies that Goehring had
brought about the deal. MI Jones denied
1hat Goehrng had been employed. Isaac
n Lewis a witness, produced a check fer
$4,000 commission, which was paid to the
Phillips firm