New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-09

20 Ar Sullivan about Il ne salo tndt t NoS
ell right as the bank owned the ASHFORD
Compsrv. and he sullivan, would look
after ~
GAYS Note for S87 900.
Mr. Riemer told about another note for
81 -, which tho Ashford Company made
n the bank a. Mr.. Sulnvan's request, pur-
,,or,ing 10 cover the Indebtedness OF the
COMPANY 20 the bank The bank gave moth
ing Of value 70 the Ashford Company for
ttis note. the witness said The bank after
ward substituted a lot Of old claims for
this note. and the witness was asked ny
Mr.. sullivan 20 look up some Of them he
said
one was for $1,000 or more. lent 10
woman on property IN West 65th street
Manhattan. Mr. Riemer said. The security
was wholly Inadequate, he said in answer
10 2 question by Mr.. Cvopsey, and the loan
might as well have been made on promis-
sorry note Il was made on a third or
fourth mortgage, he said.
Il told Sullivan he ought 10 have been
ashamed Of himself 10 make such loans"
the witness said.
The witness said a sanatorium was being
conducted in the West 65th street houses. He
did not see the woman who obtained the
loan when he went 70 look at the property.
ne said. but she came 70 his Office the next
morning and told him "a yarn about Sui
Ivan. De couldn't remember just what 1t
was an about
Ernest r.. Hyland. who described himself
ss a real estate agent. testified that he had
acted as messenger for President Sullivan
~ the Mechanics and Traders Sank in No.
,omber 1907. and had delivered 5000 in
cash fgr him 70 the bank examiner in
charge OF the defunct Hamilton Bank.
which had closed during the panic. Tho
Sullivan bank closed IN January, 1913 it
appeared. lie was 20 get some notes I'm
exchange FOR the money, tho witness said.
and thar was All he could remember about
st.
E E. Shears. Who was the examiner ia
charge Of the Hamilton Bank. followed Hy-
land on the witness stand. and though ne
old not remember Hylands call az the bank.
DO established the fact from the Bank De-
rsrtnents records that e. 900 had been paid
on November IS, 1901 on a note Of David
=. Sullivan for Slooopo dated June q. 1901.
which Sullivan had with the Hamilton
Bank
Tits with Tonkonoey.
Mr. Cropsey recalled George Tonkonocv.
the lawyer. who acted as counsel for the
Atlantic branch Of the Mechanics and
Traders Bank. in the old days. before tho
smashup came. Tonkonogy proved 10 be
recalcitrant witness. and came back AZ
bis inquistor frequently with sharp re-
'orte He declined 20 answer many cues
tons iu regard 10 his bin for $500 for
services against tho Union Bank His claim
ID pending iu the courts at present. and
testimony he gave in that regard might
tend 20 prejudice the action, ne explained
Mr. Cropsey pressed the witness 10 ascer-
tain IL he had talked about his claim with
i. u. Grout. president OF the Union Bank,
or presented 70 10 any one connected with
the bank before 1t had closed.
OF came here to be as obliging as posi-
bic said Tonkonogy in declining 10 an
swer the questions. but you don't have
20 coax me"
or thought perhaps you might be more
oJlging Il I coaxed you enough, said Mr..
Cropsey.
IL developed that George Weiner the wit
ness brother-in-law. who was a favored
"I4IO"ef az the Union bdNhs oCCOIN4Hs u
previous testimony. held a mortgage on the
property which Tonkonogy owned and
where he maintained his Office Tonkonogy
said he might have made the mortgage TO
Neiner for some good reason while the
latter was acting as his confidential clerk
Every one has confidential clerks, the
witness suggested
Yes. we have found that out here Mr..
tropsey commented.
Yes. YOU will find confidential clerks In
many institutions. and with many men at
This very minute" retorted Tonkonogy'
and, pointing his finger at CropSey' ne
added you have confidential clerks your
sef'
The demurrer entered in behalf OF David
4. Sullivan 70 the indictment charging FOR
gerry in the third degree was overruled yes
ierdsy by Judge Dixie, in the county
Court That meats that Sullivan VIII nave
70 Fa .lI District Attorney Clarke
@.o rIay that the trial would prooa~
ui ..d some time later In this month.
OUTING FOR CIRCULATION MIN