Evening journal., 1916-12-05

$4,000 Of stock, and consented TO al
ow her $1,000 Of it. He said il was
impossible that tho project could fail.
She said that her check was TO be
deposited in New York, and that
when he returned there. and secured
his stock. be should transfer that
amount to her She gave her check
in Lima for $1,000, which was subse-
quenuy paid by the New York bank.
McCune's receipt for this money in
which was embodied his agreement
20 transfer to her 500 shares Of
stock in Peruvian Exploration Com
pany was Identified by the witness
and admitted in evidence.
Mrs. Metcalf identified a letter and
envelope received by mail from Nc
Cune. The letter stated that The
stock had been ssued 10 him. ana
that he had directed the transfer of
500 shares to her and that her in
yestment would surely net her seN-
eral million dollars before 1920. The
letter stated that the last block Oh
stock in the Exploration company
had been sold for Sl2O. II was au-
mitted in evidence and read
I WinesS Identified another letler
/ from McCuno. from Peru. which told
of a visit of the president of the com
pany and of the wonderful success OF
/ the comDany's project. lie assured
her Thar ne "felt sure they had tapped
the source of the old Inca treasure
This lettor was dated July 3. 1913.
The witness identified letter sign
ed Charles S Miller which she sald
she had received through the mails
al approximately June 4, 1914. The
leuor requested her TO sel TO Miller
her stock at twice its cost il was
admitted and read
Mrs. Metcalf said that she again met
f. McCunc in New York in 1913, when no
wanted her 10 underwrite some Peru
Gold PIacers She said ne showed her
Walls of gold. and large nugget which
she testified McCune told her hc per-
sonally. had taken from a test pit on
the Marauon River in Peru He also
showed her a large collection Of pho
tographs OF Inca remains and the
work lngs of the company.
Under Cr0ss-eXaminatiOn by Mr.
Wise. she said McCuno quoted Pres
colts History of Peru very largely
during the trip down the west coast
She said she and her husband were
going to South America on pleasure
trip She said he told her there was &
certainty OF more gold there than IL
all the world together. and all 1t wa
necessary 10 do was to go there ant
dig il out Now. she said she felt IN
was working gold hrick' game OF
her She said that he told her n
needed money In order TO work Tn
mines.
She said she took $4,000 in th
underwriters syndicate. and paid S4,
600 i'm response TO calls for IT,
"You took him for an honest man
didn't you?" asked Mr.. Wise
81 did" answered the witness
"But you don't consider him al
honest man now, do your asked Nh
Wise
"The court has not passed on tina
quoisiou. yet returned Mrs. Meical
calmly
AL "That will do concluded Mr.. Wis
Ill IT,, was the next witness lie sal
he was secretary and treasurer Z
a. the Peruvian Exploration Compan
nj and held similar positions in the 9th,
ul companies involved In the case. L
!, said that Charles S. Miller was pres
In dent and McCunc general manage
is and engineer Of the Peruvian EXplo
s, alton Company from January 1914,
nr March, 1915.
NJ Tho witness Identified printC
proof OF the annual report
10 the exploration company and
~, was admitted in evidence. =
~ said thar certain changes and int
c., lineaiions thereon were made by M
Cune He idCnti6ed a similar repo
o- which he said he took 10 "A stOcl
do holders meeting Of Peru Gold Pla
't ors. Inc. held In this city on Mar,
z, 1914, at the direction Of Charles
ts Miller.
~ Witness said that in correspondent
or between these mining companies an
he the Peru end of the operations MI
ls lcr's orders that letters should not
-h addressed or signed, and that tho
ve Interested i'm the companies we
ie referred to by code names only. The
c real names, the witness said We
never used in accordance with NJ
he ler's orders. He said that Miller
on rected that no cahlcgrams were
rn be opencd by anyone but Miller.
iy Witness said that during the ID
iu paft of 1914, Miller alone open
q mat from Peru, and had ordered u
Gu no one else open Il.
Bennett, the witness, said that
ne own code name was Portsmouth
.e., Miller was known as providence
llu Bunnell was Chester; Judge M
vel was known as Delaware \
~ larand was Lima; McCune "
n' "Butte." and Frost was "Hendy"
TO Irr cNmDANV RCVe EnD