Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-09-30

1ot Hhikiil' Iic hfm then called on
Mr.. sulzertio make deposit Their
letter To stlSer on July 6, said
Your Account has been In bad
shape for he past week and YOU have
not respo'tded a. our requests for
margin. the closing prices today.
your acc, nt Was short $1,000 uf the
required count and We beg to re-
quest yo make a deposit of this
amount arrow"
Mrs. Am suixcr had borrowed
money N\\N. the Carnegie Trust COM
pany on Jcw YORK and IL was 20 aid
her In her financial difficulties that
the governor borrowed from the stock
exchange of Harris 4 Fuller This
was the explanation which Melville y.
Fuller head of the nrm. witness to-
day az the Impeachment trial said the
governor made 10 him.
The books OF the stock exchange
firrh 81 Harris q Fuller, with whom
Governor Sulzor dealt for three years
were changed tNo days before his ia
auguritiun so that ii appeared that
instead oi his account being specu-
lativc one, the lrm had merely loaned
the eoycrnor moncf. according 10 evil
dcnco introduced ut the trial today.
Melville q. Fuller, head Of the
firm. who produced the books. tcsti-
fed that "Cross entry had been made
In the governors account under date
OF December So 1912, showing that
tho firm loaned him $4,000 or the
debit balance aHainst the account on
previous stock transactions These
dated back 90 early In 1910. and thero
r
that during that time the firm had
repeatedly called ON the governor for
more marRin because of the steady
decline OF the stocks involved IN the
account Some or the securities Mr..
Sulzcr had bought through the ilrm'
others he had deposited as mareln
against those he had bought, aud al
the same time had borrowed money
on them Ills total borrowings, in
cuding the StO,O0O debited against
him in the "cross entry transactions.
amounted 90 $4,000, according To
the books.
The cross entry" was made, Fuller
testified. because his partner thought
"tt would not be wise to have stock
hoaiing around the street in Governor
suffers Name" Otherwise, as is FREE
uuently the case la margin accounts
III. stock might nnd rs way into the
collateral put up lea the Arms trans
actions with banks
ATTORNEY Krescl Tor the impeach-
ment managers, iniimated that thls
"crogs entry was not made on Dee
comber 30. 1919, but al a later date
The oooks showed that ON June l6,
1919. another "ctoss entry had been
made after check for x5.0oO given by
former Governor A. T.. Spriggs, OF
Montana, had been paid into the ac-
count and that, as la a regular specu-
Iauve account dividends ON the stock
had been credited and interest charg-
ed. These latter transactions reduced
the governors debit balance tu about
Sg5. 600 aud the second cross entry
Moved that ON that date the arm had
made the governor "a new loan OF
$4,000.
Joseph Choate, former Ambassador
10 Grcut Britain, snd Henry Nh'le'
former ambassador 90 France, were
spectators AZ the afternoon session
when FULLER resumed the stand ne
identihed "a note written by Governor
sulzor 10 his partner In relations TO
The sprlggs check. u read
what Governor sprlggs says rs
agreeable 10 me"
Fuller said thar the Sprlggs mes
sage related to closing the account
and that the outcome of the confer
once was that Lieutenant Commander
!. y. Iosepthal of the militia, mem-