Daily press. [volume] (Newport News, Va.) 1896-current, 1910-09-08
STOCK BOOKS AND CHECK
STUBS FIGURE IN CASE
Payments OF Traction Company I'm.
mediate.y After Certain Bill Passed
Legislature 20 Former Lawmakers
Are Shown by Counsel for Commit.
tee Making the inquiry.
CBy Associated Press)


Iations of Louis Bedell, one time
chairman OF the committee on rail-
roads. OF the state assembly. in stock
OF the New York Transportation Com
rany, following the passage OF bill
Introduced by him in 1900. giving to
that company an unlimited franchise
to operate at will upon any a1d All
of the streets Of New York city. to-
day engaged the attention of the leg
lsiative committee appointed 10 look
,rto charges OF political corruption Mt
Albany.
The committee began Its sessions
with an inquiry into the activity or
the New York State Street Railway
Association In it's work of faciliti ng
the passage at Albany Of bills friend Z
ly TO the interests OF the. association
and of the enactment OF measures
inimical TO these interests.
Besides the name of BedelI, those
&c former Senator Louis A. Goodsell.
az Orange; of former Speaker S. Fred
Nixon tdeceased) of former State
Senators Maltby, Green and Raines
(the latter dead. REQUIRED frequently
In the testimony given by G. Tracy
Rogers, of Binghamton. one time pres
ident and moving spirit OF the New
York State. Street Railway Associa
ton and for years stationed at Al
bany as the chief lobbyist OF the trac-
ton interests.
Operations In Wall Street.
The operations IN Wall street OF
Bedell and his financial relations with
the now defunct stock brokerage firm
of El!ingwood AZ Cunningham. OF
which Rogers was a partner, were
related at length by former book
keeper OF the brokerage firm. George
Carpenter Confronted with the iedg-
err account of the firm, Carpenter tes-
tilted that the entries showed that on
January 81. 1900. the total debt or
Bedell was $7.775.9S An entry in the
stock book of the firm showed that
ON April 9. 1900. Bedell bought lOo
shares of New York Transportation
stock at 117-S and 100 shares at iis-
This represented an outlay of $2.3l5.
The bill favorable to the transpor-
tatiop company was signed on April
"a of the same year.
Whom the blo,fer OF the brokerage
firm was submitted in evidence "
showed that under date OF April -,
RedeII had been credited with S2.21S
in payment for his 200 shares OF New
York Transportation Company stock
The sensation of the day was then
sprung
Sensation Sprung.
Mr.. Linn Bruce. chief counsel for
the committee. handed the witness
the check book of Ellingwood & Gun
bingham and. pointing to an entry
under date of April II, had him read
a credit entry showing that on that
date II. n. vreeland. president OF the
. Metropolitan Street Railway Com
pany. had given the firm his cheek
for $1,000. OF this amount Sz.sIo
had been placed to the credit OF LOUIS
Be6eu. 5000 to that of former Sena-
tor Goodseil and 1925 to that OF for
rer AssembIyman G.. T. Rogers
The next entry disclosed that on
Nav Is. 1909. oedell bad purchased
another 100 shares of New YORK
TRANSPORTATION stock at the market
price OF 12z. or $1,000.
Other Entries Found
On Nav I. 1901. Bedell owed II
l;nr~ood e Cunningham s9.ssis5 and
had 0ee shares of New York Trans
portation stock 90 his credit On tnis
same day. however. crediuof SS.S's
was entered in Bedells account ana
once more Nr. Bruce hunted up cheek
stubs 10 ascertain the origin OF th's
paynens. The stubs showed that on
that day ". Robinson. solicitor Of the
Metropolitan Street Railway. had CIV
en- ElIingwood & Cunningham MS