New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-03-21
Merchant Forced to Admit
Lawyers Held Record of
Personal Accounts.
FEARED ANSWERS
WOULD INCRlMINATE
Commissioner Doubts Report
Vogel Is lila Per Cent In
Sight Now for DepOsitors.

Henry siegel confessed yesterday that
ne had kept a secret ledger of his own
ana that this and other secret books OF
account. dealing with his personal for
tune. are in the possession OF his lawyers
The admission opens the way for coun-
sci for his creditors to find out "What ne
did with IT,"
This "a the fourth set Of secret books
70 be uncovered District Attorney WHIT
man had found secret books in tho lfth
Street Store. the Simpson. Crawford Ooii'-
pany and the Henry Siegel Company i'll
Boston. but there had been no hint that
Siegel had kept journals and ledgers Oh
his own. Whether or not Nogel Kept
such books viii be brought up Vhen ne
is examined next week.
siegol male the admissions in bank
rup.cy hearing before Alexander Gill
christ ir. United States Commissioner
in reply 10 questions put TO him by Will
lam II. Bonynge The information OF
most value was given where simple
yes" would have been sufficient.
do YOU know where those books are
now?" Mr. Bonynge had asked a1tei
siegel had admitted he kept such DOCKS
ct decline TO answer, on the grounu
that II would tend TO incriminate' an
svered the merchant, who was hoarse
and very nervous.
The answer TO that question VIII not
incrirninate YOU" ruled Mr.. Alexander
You must answer"
II gave them TO my lawyers, Stancn-
field & Levy" said the witness ana oles
fried r. Hartman. who represented 'hat
firm and was seated at his elbow, gasped'
4 fight. perhaps successful. could nave
been made against revealing the hlolne
place OF these papers, but that chahce
,,as cone The door had been opened
for the receivers to demand these DOORS
from Stanchfield & Levy, and ior us
trict Attorney Whitman to subpoena them
as ne had other documents Siegel and MS
rar+ner had entrusted to the care OF theli
lawyers. ,,..l.
sjegeTs examination developed h'"e
else Of value He repeatedly re1useo ~
answer on the ground that 10 40
would incriminate. Many OF these que'
,ions he was forced to answer. Ihese
do.,t mainly with what ne had done
Win the s154.0OO he drew from the oahA
On hts nersonal account. He did say
bovever that he has none Of 1t now
previously the non-appearance Oh
rrank r. Vogel had been noted. MI
hartman said he was sick. Commission
Clchrist ruled that inasmuch rs u
not shown ne was sick by othe'
statements made by counsel VINO
had no personal knowledge of the mat
Tor he would have 10 hold him in con-
teront He further said that unless Nogei
anpear.d on Monday next or sent
sworn statement by a reputable phYsl
clan that he was not in conditlon 70 aP
near. action would be taken.
LAWYERS interested in the case saiH
yesterday that the best offer the mer-
cant,la creditors would make to the oahh
denositors for their claims against inc
,toras was s225.o00 for the claims
against the local stores and sI0'VoO io'
the Boston property.
Allowing $4,000 as the expenses o.
the receivership Of the bank, this wouio
Give the depositors about "A cents on
~. dollar in full Of all their claims. II
tb,s Is not accepted they Will nave 10
erbt the matter out in the courts