New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-25
BELMONT DOGS FAIL
TO YIELD ALIMONY
Ranker Testifes That Sons
Kennels Are Proving
Financial Loss.
YOUNG MAN HAS ONLY
S612 A YEAR INCOME
Evidence in Separation Suit Gives
Little Prospect of Large
Sum for Wife.

August Belmont testified in the Supreme
Court yesterday. IN the suit brought
against his son Raymond by Mrs. Ethe!
IJndner Belmont for a separation, that
his sons property now yields only $ol-
a year. The principal OF the estate ne
said. basing his statement on the DOCKS
Of his Office. which were presented IN
court amounted 10 sl4,5l9.
Edmund L. Mooney. counsel for MIS-.
Belmont. objected to Mr.. Belmont testify
ing about the financial condition of his
son and insisted that Raymond Belmont
should have come in person 10 tell about
it. The defendant IS now In England
Consideration of his finances is impor-
tant. as Justice Greenbaum will name the
amount Of alimony 70 be granted win
the separation decree, and If young BEL
mont has little property and no prospect
OF getting more. the court viii grant
small sum Mr. Belmont said ne used TO
allow his son 5000 a year and paid him
a salary Of So a week clerk in ms
office. but he has not paid him this since
the sons marriage. About the only prop
erty owned by Raymond Belmont ex-
cepting the money or securities that give
him the s612 a year, are two dogs ana
some ponies. Raymond Belmont was
twenty-one years old in May, 1903. ana
tho books of his fathers office show that
his property in January. 1910. was valued
at Si4S2si. It was said that he spent
more than 10000 on the plaintiff before
she became his wife
Mr.. Belmont testified that the market
value of his sons securities was first re-
duced to $4l S25. lie said that the stock
of the Westminster Racing Association
which holds race meetings at Belmont
Park. has paid no dividends since 1873
From the 81, SIS the son used TO draw an
income of Sl,7S1 q year, but the principal
was further reduced to Sl4$l9 by eX-
penses and overdrafts on his fathers
bank. where Raymond keeps his account
and where his father said he had watched
over II since the son came into his patrl-
rnonv. one item charged against the
holdings Of Belmont was $1,000 lot lesdi
expenses. Mr.. Mooney objected that the
item was not on the books when ne sa"
them. but Delaney Nicoll, for Belmont
-eplied that il was. and Mr.. Mooney re
marked that he did not object 10 iees
Maid TO lawyers Mr.. Belmont testiIiei
that IT was necessary to sell some or his
sons securities to keep his account
straight. Then. on February 4. 49,
there was an overdraft for S2coS' ana
subsequently there was another over
draft Of 500 An entry in the account OF
RAYMOND Belmont shows that on req
ruarv Is. 1870 he obtained loan of N'2W'
What other occupation than that con-
nected with your banking house has Ray
nond ?" Mr. Nicoll asked.
None. except the breeding Of dogs
renlied the witness, who added: Il con-
slider his dog breeding an effort to get
an income"
Mr.. Belmont said, however, the dog
business Of his son was a loss 10 hiin'
Before Mr.. Belmont went on the staAo
AR Nicou tried to introduce the financial
affairs Of Raymond Belmont through the
testimony OF John ]. Coakley, who had
charge Of the young mans account IN the
Office of August Belmont & co. lie had
with him several books and about four
hundred checks. Justice Greenbaum an
nounced that II all these accounts were
10 be- gone over he would prefer TO nave
the case sent 10 a referee.
The trial was adjourned TO Friday. In
the mean time Mr.. Mooney viii have &C
countants go over the Belmont books SO
that he can cross-examine the banker as
70 his sons finances