New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-28
Banker Quizzed on p.
and Marginal Rail-.
Sales to City
Dummy" Is Sou,4
Woman Alleged rohu.
er Of Property ov,.,
by Reynold,

The extraordinary grand i,,
dered by Governor whi.m., y
take the investigation Of a., ssss
par'ment deemed Necessary ), a A.
'rie' Attorney began YESTERDAY |.
quiry into the city's purchase, ~,
side and Dreamlsnd park. and A.
square feet of land for n,
Brooklyn Marginal Railway. s.SI
Court Justice Coz, in sh,r,,.
jury. said in part:
In reference TO the purcb,, !. |
city or any OF its reprs.u,,.hs
any person acting for i, or s,,'
half, either directly or intir..
know IT is superfuOus for me to ~
gentlemen that in such m.,..,.
eNacts. OF public officials a,ari,,-
just performance Of their ov.s,
ties and any, person acting xia :
city or in relation TO the city int.
ence to the purchase Of prop,,,, II
public purposes, il there hsv, b.. :.
irregularities. you will inoui,, ).
such transactions. and il yoa ~ !,
crime has been committed /, vii
your plain duty to find an irtic,,r,
Bailey Before Grand Jury
Frank Bailey. vice.pre,id.n, n IL
Title Guarantee and Tus, Corr-I
and president Of the Realty A,,,er.
and NepOnsit Realty Company, "a
sold Seaside and Dreamlsnd p.rs :.
critics to the city, was the only v>,
before the grand jury ye,,srd,I
Before entering the grand jurs,
Mr.. Bailey turned to District s-r
Swami and Assistant District Anns
Black and Kilroe and said:
81 want to know If this inyasni~
is directed at me. | an tahy y
chances. and I shall refuse TO 70
waiver OF immunity
Mr. Bailey was permitted 70 rh
fore the grand jury with pms v 1,
records and papers Of the eonrs
which he represents Later h w,
for more records. Then in eor;rI
with his counsel, Clark L. Jor4ii y !
held a conference with District AR
ney Swami. In which, il was said
discussed the msttr Of bis ssnins
waiver OF immunity when he god
before the grand jury again today.
District Attorney Swami has v
process servers out to find Adsis
3. Roberts, who is said to have We
the dummy" holder Of the Ssi'a
Park property at Rocksvay OWED ~
Mr.. Bailey and William u. S''sk'
and their associates. Anonyrsu a.
formation was received that ~ "
been registered recently at my
mour Hotel and later at the Hcss
ouois. According to the Dl'us v
torney. the woman was empleI.si
tabulator in the Office Of Ce.vs
Prendergast in 1914 and IN lss y
is wanted as a vitne" Os'n
grand jury. Il was undsrs''M y
Mr.. Bailey informed the D,tn
torney that Miss Roberts had s,es
been employed b. a brother Sh
Bailey.
Swami Tells Of E,idsse.
When asked IL he has In MN
presentation Of evidence 70 WYE
charge of conspiracy az,'nst ga
city officials, the Distrle' h''
said: .s.al(
"If I should mention ei,y ''e.
would be charged with setlns w
zeal motives. I intend to ma"t
Effort 70 avoid the appearance ".
ing this investigation a polite, :.
We have discovered evidence q
ICING We are presenting ~
dence before grand jury ore'.
the Governor. and We are pl'ss
in a lawyer-like fashion, '''n'"
gard 10 outside influences
All the books and papers 49,
ton with the purchase oy W
option o. the thirteen anc
biocIs in the rear Of Ere Ss
the Narginal Railway VN ",
over TO the District Attornss ~
day. The award for chs pur'Ia. ~.
81 .O5 a square foot. but @s' M
ncyer been made public 10, -. ~
Attorney learned yestsrds. ~.
porstion Counsel Hardy |" P,.r,v
APPEAL the award to me App,s n
Sion where the DresntS'
award is still pending. ;,,,e.
The prosecutor says on . ,urs
tion Of the Marginal Railway ~ d
SHOWS that Mr. Reynold: ;ea',s
property about a month oe, .v.v,,. u
bought il. II vas tnen ~ ri 4
the Tax Department a.
square foot. ,,.s
City Assessed Heavy l''s 80
The city offered an optic, X si,,; o,
SQUARE foot. Later the cry =, vss|
rert. william ?. Rae. VINO, !. n
cutor saws. was an employ ,s NJ
rnr.it Reslty COMPANY ~.
valuation at SIPS. The coz q
Proceedings have been sO,. .s, II
cars. without a public ,pps,sx !
DO Tho ci,y took title w.. ~, d
1918. and has been paying
in interest charges per ie,,..,,;,,.s;
The prosecutor is is s,"n,s,rr .
Trim made last Jure to s,,je 4
fPip nI bv Mr. Reynolds, 70" W.. w.
dictment for perjury nc ,r.y,ssI
REYNOLDS travelled on tne b ~
Vscabondia. formerly own, i,pS|
lam c. whitney. and sr 1i., ,ht I'll
vcr, Charles A. o'Msne{ oss n
expert OF the Control.es sr,er, o: a
William .Greyc. a realty ef pps.lty u
=" NO" - tbe Neponsit kesy -
parry. On the way the '. Isb.,si
p,nes in Arizons, and was .,ys
cal E. weeks, the pTo'ssG,S.se f 81
claim that the statute " ~. /, wa
81 81 Mr.. Reynoios -,