Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1913-10-11
LITTLE INTEREST
MANIFESTED IN
STEWART TRIAL
Much Time Consumed by At
torneys Arguing Objections
ATTENDANCE TODAY
NOT VERY LARGE

Trial Proceeding Very Slowly While
Delays are Experienced While
Waiting for Witnesses-some In
teretting Clashes Between Attor-
neys and Exceptions Taken to the
Courts Rulings.
Considerable time was spent today
in the Stewart trial by counsel ar
gung objections. and waiting on wit
nesses. The defense objected many
times to the questions propounded by
the states attorneys and in most in
stances sustained while several ex-
ceptions were taken. The trial Is
proceeding very slowly, and there
does not seem to be the interest man
ifested that was anticipated when it
began on Tuesday.
Mr. Downey was again placed on
the witness stand and said that the
Stewart Vehicle Company was rep
resented by an adjuster when the
insurance was being adjusted, and
il required about two days for them
to get together. In regard to the COM
pany's resources Mr.. Downey said
the company had its book accounts,
insurance and real estate, the latter
being worth between $4,000 and
$4,000; that the preferred stock was
sold before the fire from time to time
for the purpose of getting additional
capital. Last. sale was, made on Aug
ust /, 1912, Franklin Bowersock. who
bought two shares. the previous sale
was made to, A. r. Rodebuscht who
purchased four shares, AT. his lei-
sure will furnish a complete account
of the sale, a4 LII, se8,a, Sd, 10
The last sale Of common stock vas
made, on June |, 1872 G. H. Harris
bought five shares, and all told he
bought 80 shares, on that date; Lee
NJ Bender also bough: 10 shares on
the same date; capital stock has
been increased twice, and the author
ized capital stock was s150,000.
Witness didn't know when the in
debtedness was incurred; some Of
the debts were incurred by borrow
ed money.
cross-examinatiop by Col. Walker.
Witness. said $4,ObO was transferred
and $4,000 original, and all sold at
par.
Miss Mary Lindsay was bookkeeper
for the company when the fire occur
red and was there about years;
had no Inventory book, and knew OF
no record took stock annually July
/, which was done by the employees
and Mr.. Stewart did the recording,
Witness said she entered the totals
each year.
The amount of the inventory taken
on June 81, 1912, was $s9,501.O1 got
the figures from Mr.. Stewart; the
amount of stock added by the com
pany from June 30. 1912, up to the
fire was s14,199.S5; the sales during
that period were $12,S22.64 Asked
about the shipments of buggies to the
Inwood, Hagerstown and Williamsj
Grove fairs, the witness replied In the
negative. Defendant objected and
was sustained because the shipments
were included In the totals.
AS bookkeeper witness said she
made up monthly report of the
company's assets and then she de
tailed bills, payable as follows; $2l,
l172A; bills receivable, $l2,77779
and this gave the companys STANDING
at that time; the bills receivable and
accounts for August, 1912, $44,SS3.6'
aggregate of all accounts, borrowed
money, salaries and bills payable fol
the same month, s104, 4S130; saw in
ventory book in Mr.. Stewards pos
session and he gave me the tota
amount as he added it on the adding
machine.
During June, 1912. witness didn'
recall any money being received
from the sale OF common stock
Referring to the book witness sait
G. II, Harris purchased June 3, ST.
OOO; June II, $4,000; June 25, $4,000
total $4,000.
Cross-examination by Col. Walker
Mr.. Harris gave three $4,000 notes
and when the company's discounte,
them in the banks the entries wer'
made. Witness said the inventory al