The Bridgeport evening farmer., 1914-12-15
Three Creditors of Burleson Estate object to Account
 ing Made By Trustee
BANKS ORDERS NEW
 ACCOUNT FILED
Well Known Political Lead CT Explains That Safe Was
 Rifled By Employe

John T. King, as trustee for the Henry H. Burleson estate, insolvent,
 was examined before Referee John W. Banks this morning in continued
 hearing on the acceptance of his ac-
 counting by Attorney Charles A.
 Hamilton, of New Haven, represent
 ing B. M. Jaycox, A. w. Burritt and
 the Berkshire Mills Company, credi-
 tors.
 The matter grew out of the sale of
 property and belongings of MT. Bur
 Ieson whose petition and schedules
 were filed March 15, 1906, and later ap-
 praised at more than $1,2oO, from
 which the receipts as shown in the
 trustees accounts were but $270.25
 from the sale of personal and $125
 from the sale of real estate.
 During the course of the exanina-
 ton MT. King testified that all rec
 ords of sale have disappeared, through
 the alleged theft of books from his
 safe or through the loss of paid checks
 by one Of two banks which recently
 consolidated in this city.
 The trustee, John T. King, was or
 dered to file a new account in accord a-nce with the suggestion recently
 made informally to him by the ref
 cree, to be filed not later than Friday. and the objecting creditors are given ten days from the acceptance of this amended report to file objections. . by Attorney Hamilton sets forth that on the receipt side of the account there is nothing to show the sources from which money credited was re- ceived. eThe referee stated that this objection had been met by the filing of an account not yet written into the records which showed the receipts and which it was agreed should be properly shown on the records1; the items of gale; and that the expendd- ture side of the account is not suff1- ciently full
 the first matter Of discussion was the amount of $105, which MT. King be- lieved was received from the sale of two horses sold to George Lyons and David Armstrong. Asked if by pri- vate or public sale, discussion re- vealed that this sale as well as ali others were made at private agree ment and not by auction sale, by a general order of the referee.
 An item of $45. appearing on April 1 21, 1906 was recalled from the memory of MT. King as being 8 horse ambu- | lance sold to Dr. Southey of this city. | Another item Of July, 27, for $60 the witness could not recall and explained I that these vouchers had been kept in | a safe in his office which had been rd- fled several years ago with the loss | of his entire set of books and papers. | This was recorded as having tran spired about the year 1908. Witness thought it had been accomplished by | an eInpIoye of the company It was not reported to the referee at the 1 time, and not discovered until a long time afterwards. The trustee had not attempted to make any entries of the transaction while the matter was fresh in his memory.
 shown that the settlement of the flo1 in q GT1S was no completed until 1913 the witness testt- fled that all property was sold in 1908, | with the exception of the real estate appraised at $1,258 and for which but $258 was secured from Dwight Futile, mentioned by the examining lawyer as s'politician.'s He further ex- plained that he had never met Tuttle before or since the sale, that Futile was sent to him by the referee, and that after consultation with the attor- sey for the trustee and the referee 1t svas decided that the sale was the sest that could be made The trustee further stated that between the years 1906 and 1913, he understood that Thomas M. fCullinan, attorney for the trustee, had made several unsuccess- full attempts to secure purchasers in East Haven, where the property was and also in New Haven, but without success. It had not been ad- vertised by sale at auction, and the trustee had never examined it him self having left everything in the hands of the trustees attorney Asked if he did not know that property in the vicinity had sold as high as .$4 and $5 per front foot, MT King denied that he did.
 Attorney Hamilton then took up the matter of vouchers for sales, stating: 'sOn the expenditure account find these words: No record-checks lost by bank, bond $81.31. '
 The explanation as given by the trustee was to the effect that this check was deposited in a local bank which had consolidated with another, and that in some way it had been lost by the banking officials. The trustee for surety bonds and for nothing else, but that he was unable to get the shocks from the bank.
 The trustee was again severely gril1ed by the attorney for creditors over the amount of his surety bond which was set at s5,000 at the. beginning of the -rusteeship and which in eight years has cost premiums of $1O6-3 all the money paid out of an estate. When asked why he had not applied to have , 5he bond reduced the trustee replied:
 T did not see any occasion for 1t. did not know that if he had realized the bond was excessive and aad applied to the court it would have been reduced. He had not been ad- vised by council on, this point. f
 Counsel for creditors then proceeded
 CContinued on Page Tw l5