The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-10-22
BIS PROFITS MADE
| II DAM Hi' CONTRACT TRACT
James d. Leeky Sues Winston &
Co. for $4,000 in
New York.
RICHM0NDERS IN BIG DEAL
Contractors Made Success of
Enormous Contract on
Ashokan Reservoir.
RICHMoNDERs IN BIG DEAL

Important revelations which 1t 10
said will show that big profits were
made by contractors employed in con-
structinS the main dam Of the Ashokan
reservoir. at Brown station. and dis
closing transactions carried on
through a financial institution are ex-
pecteo TO be made in the trial OF an
action which James d. Lecky. a hnan.
cial and insurance agent. OF Rich
mond. mas DeYun An the supreme Court
Al New YORK City.
Ine defenuants are James y. Win
st0n anu his orutner. inomas >. Nin-
American NATIONAL DaaA nuAidinx.
ksIcnm0nd. Alr. Lecky alleges IN n.s
compliant that the winstons owe hiin
<sIS.vvv. anu that aIreA0y they have
made q pront VI SI,ovv.vvv Oh tnoir
$I.,YvO.o0U Asnokan contract. tie xur-
Iher alleges lnaI toe pronts soon VIA
eAeeea $l.vuV.OvO.
The Department VI Justice, 1t il IN
derStoOo. mas mad agents at Brown
s-Alion .n.estiEA,ins statements made
concerning the financial institution.
and 4; is expected that witnln few
Gays . report win De .ai0 oeiorc tne
oriicials Al ashlnHton.
The story too In Mr. Lecky's COM
plant. according TO the New York
aeralo. reads ike a chapter In high
finance. with a working capital OF
ABOUT $400,o0e he asserts that Winston
q Co. undertook the construction OF
the ASnokan dam. seemingly with
much success.
Lowest DiAAer Released.
When the Board OF Water supply OF
the city of New York advertised for
l.s
lowest bidders. and the contract was
awarded to them. Soon after receiv-
ing Tie contract Pierce & Co. notined
the board that they wished TO be re-
leased. as the discovery had been made
that engineers had underestimated the
work with the result that more than
$1,000 900 would be lost on the contract
at the bid price.
The application BY Pierce & Co. was
granted by the Water Board. and the
est bidder. the Winston MacArthur
Company
Winston & Co. with Macarthur
Brothers. OF No. IL Pine street.
Wachusett Dam. at Clinton. Mass. and
forming a copar;nershtp. had bid on
the Asnokan contract at $12.00e.000.
Mr.. Lecky alleges that the Winstons
held 35 per cent interest in the COM
bination. while Arthur +. Macarthur
and his brother. John h. Macarthur.
as partners. held Is per cent.
In the articles Of copartnerShip pro-
vision was made that each person IN
the firm should receive q substantial
yearly salary in addition to his snare
Of the profits. Mr.. Lecky was not in
the arm, but was elected president OF q
bank. and he was also the hnanciat
agent OF the Wtnstons. he alleged. AZ
an annual salary OF $4,000 and e1-
penses.
ConArol fer the winstens.
In the early part Of 1908. Mr.. Lecky
says. he was commissioned Dy tne
Wdnstons to obtain additional capttai
mon which they might increase their
holdings In the copartnersnlp ana
eventually absorb the Macarthur IN
terests. For this. he alleges. he vas
70 receive % per cent OF the pronts
accruing to the additional capital IN
vested by the winstons. and IT - TOR
this sum. s4es. 900. that he u suing
the company. e
Ieckv was to receive a yearly salary
Of $1,000 and expenses for two years
for obtaining from banks or ind1vtd-
uals moneys with which to execute
the Ashokan contract, and also 10
supervise the running OF a proposed
bank"
lived at II tombstone Avenue. KING
ston. n. T. He is represented by Rock,
Wood 4 Haldane. Of so Broadway. and
Gilbert G. D. Hasbrouck. OF Kingston.
Winston 4 Co. are represented by
Judge A. T. Clearwater. also OF King
ston
n is said that important testimony
will be offered regarding the methods
of contractors interested in construct
ing the S175.ooj.030 Catskin aqueduct