The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-05-26
SPENDING SUD EVU.'S NONBY
q, ,o1.ts1 "DOUBTFUL" ITEMS.
SIVS .NR. SCUDDER.


W9tAWa "
L,Ss-NsF. Gushsls Protests n vain
-p,sVaiss sSms 'DouStfu," Items.
The Pubic Service Commission con-
snusd Yesterday its hearing on the aPPh-
c,,ion Of tho bo0dholders Of the Third
avenue Railroad for permission 10 FsOr-
ANN. the system. II heard more de-
AHA from Marvyn Scudder. the account
an, Who has been examining the books
n the company, oi the financial history
a, the company bsIOFs IL went into the
h,nds Of . rposivsr William D. Guthrie.
council Tor the bondholders. again made
many objections 10 the aecsptAncs Ot
Nr scudder's reports. hut they were
.,sued 10 by the commission.
One Of Mr. scUdders reports covered
IN. purchase Of the GO@ting indebtedness
n ccntrolled companies. The aoating
Indebtedness q the Union Railway Com
pAny wAs q .aas. S7E Of the Forty second
Stree, MaAhattAnvills and s.. Nicholas
Avenue Railway Company, ssAASiS; Of
the Wessehester Electric Railroad Com
RAW Si2.SsS: Of tho Tarrytown. White
Plains and MamarOnsck Railway Com
raw M.1oo. Of tho Yonkers Railroad
Company. S.O2s, and Of the Southern
Boulevard Railroad Company. 0.sss
The total Of the floating indebtedness
Of contFollsd companies was q. 7si .2ss.
Another report showed miscellaneous
ravmeuts amounting TO tSS7 i1o. which
Mr scuddSr says were paid by the Morton
Trust Company from construction funds
and which were not supported by vouch-
srs. The ist is headed by the name Of
frederick p. OlcOtt. chairman. S2oo,0Oo.
Othsr itams Are: Sastson. Jenninp 4
Kussell. si0.OnO; Butler. hoffman, Jolne
4 Mynderss. sSO. 700; Bowers a Sands
SO 7OI; Arthur H. MAstsn. 5000 Hugh
Grant. I7S.OOO, Seward. Guthrie a
saseIe. $4,000. Charles MAcNsash. 81, isa b
" and Nilss a Niles. So
Tbs total Of miscellaneous expenditures
nv the Metropolitan from the Third
Avenue Railroad Company construction
iInd 10 given a. eoSs.gti.7A The larEea,
jingle item under legal EXPENSES h Sis5 .Oo0
q Edward LauteVbach. and there u one
aso of SIS Tpl.a9 10 the Arm Of Hoadley
lAuterhach A Johnson Sheehan A Collin
20, NS.OO, Nicoll. Anable 4 Lindsay.
Hssl7. q. while isnuel 2. Quigg appears
Tor the small sum Of t7.s0o
NJ the NS7as. so paid bv the Metro
raitan from the Third Avenue cunstTuc-
tim fund 81 m. SSo II described a. having
re~n expended for construction and
equipments and N.OsAi0s for operating
chArgaA sunday liaisilitiss, 40. whils
AFoI.7 u described a. doubtful lin
oludng advsaeesl
4 similar classification Is made a. re-
Eards the controlled and allied companies.
a. follows Metropolitan Street RAILWAY
company. total tiI7. 81. Of which see lls
Il doubtful Union Railway Company
nsss S7a. Of which q. tss.S7S is doubtful
and taS.Ow.ee is operating charges and
sundry liabilities; KinEsbridge Railway
Company. og77. eS6. Of which o. ICE is doubt.
hil and 1850 operating. &c: FORTY
s.cond street line. Sss7.sz7, Of which So 90
!. doubtful and S7I2.S0T operating &c
lrv Dock, Fast Broadway and Battery
niO. no. Of which So. COS is doubtful and
IS 80 operating. Ac othsr allied con
ranies. Se7.f50. Of which sooo is doubtful
and 81 .O0i operating. &C.
NJ Guthrie eubmitted certail vouchers
and asked Mr. BCsuifsr ~ 10 WHISTLER or
not h. had Scen them WHEN he had made
70 has doubtful lists M Sc'ldder
, tissted tha, while IL was impossible Tor
hin n remember Whethsr he had sssn
earn document placed beiOre him, he had
n making his investigation examined
every b,ll that had been submitted 20 him
BY ths Metropolitan receivers and others
70 whom i applied.
W. Guthrie holding uP a bundle Of
rapers sa,d he he'd a mas IL vouchers
representing from s30a.0Oo 20 $4,000
paid ny the Metropolitan ON Third Avenue
construction account 70 John ROebling's
sons company and accompanied by TEN
lied bills
VI Guthns asked DO you mean 10 say
thai these hills and vouchers are false
and fraudulsnt'"
I canno, sAy / do no, know an
sEered Mr. Scudder
! nov ask the commission sAid Mr.
Grthrie N admit a. an exhibit this bunch
NJ 7apers showing payments Of s7H.iSs'
argely for electrical apparatus supplied
Ih"s~ items are largely made up Of those
ciasssd ~ doubtful in the report
v vas agreed that the papers should
be admitted
VI Guthrie pursued Mr. ScuddoF re-
Earding HE testimony that he had been
unabls 70 End any certificates authOriz-
ne m" payment 20 the Metropolitan
y The 81 0OO 90 under the terms Of the
Third Avenue lease Mr. Guthrie wanted
- know 4 h had any night 70 testify that
he money was turned over 20 the Metro
poh'an nr on ito ohsch. without legal
Authority
VI Scu1dsr replied there was a clause
" he ease Of the Third Avenue 70 the
Metropolitan that no money should be-
PAID 70 ne after by the trustee until a
certificate duly attsstsd. had been re-
''iF'd certifying that work had heen
a7ns Tor The Third Avenue and paid for.
o'iha'o'sdnaas incurred for 10 by the Met
ToroIitan MT scudder insisted that he had
n'' h>"' able 70 and any such certificates
no- any evidence that any existed.
VI GWthFis attacked NJ. Scudder'a