The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-01-23

and by Mr.. vogci to you in respect TO
tho claims Of Henry Segcl & Co. bank
ers?' asked Mr.. Rosenberg. Mr.. Pros
krauer objected to testimony Of any UNI
disclosed intentions, but Judge Holt al
lowed IL, as II was an investigation. The
witness replied:
"Oh, we regarded those as our personal
loans"
lie was stopped and told to repeat what
was said.
I'VE agreed" he repeated. THAT the
money we loaned to the stores. as IL
came to us through tho bank, We had
perfect right to use as We thought bcst
and we wanted banks and mercantile
creditors to he raid first. the depositors
second and the stockholders third"
Mr.. Rosenberg wanted to know II that
agreement was arrived at when they put
up 80, 600 shares OF Siegel Stores common
stock as collateral
Long BEFORE" replied Mr.. Sicgel
Invcstcd $4,000. 900 In Cash.
That was not all the stock in the con-
Germ that he and Mr.. VoSel had. lie
once owned $4,000 shares himself. while
Mr. Nogel had $1,000 shares. lie re-
ceived this because he invested more
than si.OOo.0OO cash in the Simpson
Crawford Company, 100000 in the Four
tenth Street store and 81 ,00O. 900 in the
Chicago store. altogether S2.750.O0O. He
spent 100000 more buying up stock
until he had s3,oo0.Oo0 in cash in those
enterprises.
10 .,id no o.raI FOO, ss.r.s as ~,
V,,,r r,ac, Ca,,n,n,, ,r,o,,,, -. ~
the Huguenot Trust COMPANY OF New
Rochelle, a few shares OF the Ssnto DO
mngo National Bank. ten shares OF the
National Rank Of The Henuh,;c four
shares of the Central Trust Comnapv ~
Illinois. A few shares of the Namaroneck
Hook and iaJder Commune au,htch =
wouldn't bank on he intrrisc,ed sI5o
Ooo ~ tho shares Of Tho Nevada y,,ic,n
Mine COMPANY. mo, worth n cent hut
Maid FOR II in mi, !" he exnlained ~. ms
$3.50 in the Bank OF the Metropolis
ss2tI 10 in tho National, R,rL or IN.
Repub,ic and 40 OO2 40 in tho Central
Trust Companv
"JJave vn,, draw, ,rv r,,r.x s,,o. po-
eember sSe' asked Afr Rosanhery
Not a cent" was the rsniy
Mr.. Siecel then gave as his liabilities
tho notes ,ran,inrea la, A. -, We
Wednesdsv With ,he adG,,,on ~, . sso o On
note in the Bank of the WetronoIis hacted
nv 1bo shares ~ tbn Eation.i pant -
the RepuhIic and 900 sbares nf mo Sia,oi
stores CornorntIon and a nn,s 20 ~ pes.
for sI5OOo Ills ,iahiI,iies IN no,.s ia
on Va rious guarantees ram I'm ahnya ~,
S'.ooo'ooo marx
w.re ,hou, az nan noo -, a., ..'s,',,
ness
AIR proslr,u.r ,ooL AZ, ,ho ,,a,,o, %
the hank danosits ava ,ha aara,,,a.. H.,
tween SieeeI and voy.,
Deposits "Our Private NOne,."
a. ,,,. 49,
VIM. "iu you say aoout between
80 ~ WI. Nosei SAD think We
I,,s W .enu "ur money 10 the stores
our private money ana We ought TO
~ - ..., ,,
|, Hvnv' uiu You mean
-, ".l'' We .aiheu tne matter
80. . w ''e ''he'"Sioh IL was
81 49,, ','e,
~ =. ~ veohs W t"e uank a NOT
W. -, On ISL 'Ne oa'iA W us anu
~ w., ~. II was ours.
l. Va. ''.a', ,le"'E Siesei ana FRANK
~ e.. =, ! W
napiHty ol ifeirN Siegei
=, uu' uenry SIegei ana
90, . " 'oee, "e'e ''e''E S'eeei Co.
1,S 81. .,,,
b. ~ .ne; VIM oni! give US une every
Iii - :, e"',ns e|el! uepos'or
',iii &c pI.'. W.. "ese, continued
VII ''ane =. my .i'e ~oFA 10 see ,hey are
pa.u. "u' 'hes mus, give US tifhe 10 reor-
az" WI" II ou'' lie an"eu en-
''"'''"'s'
nidu.s nlscu.. Et..-.