The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-10-26

question: "Are there any other persons
or firms through or from whom you
purchased stocks, bonds or other secur-
ities?"
Comptroller Travis still refused to an
swer either the Justice or the District
Attorney. and he exhibited the same
contempt regarding each OF these ques-
tions:
rs there any person or corporation
that holds in trust for you. or your
personal account, In your own name,
or the name OF any other person or
corporation, any stocks. bonds or other
securities?'
'Since January I. 1915. that is, since
you became State Comptroller. have
you purchased any stocks, bonds or
other securities for which payment has
been made with funds furnished by any
person other than yourselff"
What other sources of income other
than your salary as State Comptroller
have you had since January ], 19l5?"
Have you since then purchased
stocks. bonds or any other securities
where payment was made by cash
given you by any person other than the
one who gives you your salary as State
Comptroller
''Since January l, 1915. haven't you
invested for your own account upward
of $4,000 In stocks. bonds or other
securities?'
wearied by the repeated destinations
to answer. the District Attorney de-
clared his line of questioning at an end
temporarily, whereupon George Y. Me-
dale, counsel for Mr.. Travis. sought to
remove from the Justices mind any
impression that his client was wilfuliy
holding up the inquiry.
ut will block the proceeding" JUS
tice Kernochan told him. IF 1 have 10
stop to punish the witness for contempt
Of court, as certainly intend to do;
but do not intend to do it to-day"
"If your honor pleases, l am willing
to explain at this time my reasons for
asking this line of questions" the Dis
trict Attorney offered.
Let It rest where It is" Justice Ker-
nochan told him. 1T is in good enough
shape now"
Subp1nas Out for Brokers.
The session ended soon after. and Jus
tice Kernochan signed subpoenas for the
various brokerage houses where the Dis
trict Attorney alleged Mr.. Travis has or
has had personal accounts.
The Comptroller's remark about the
name Of g man who he said had robbed
him referred to the introduction at a
previous session or several cancelled
checks for small amounts. The District
Attorney wanted to know the reason
they had been made out to Mr. Travis.
The Comptroller explained that the
maker was formerly an officer Of the
Travis Fruit Company and had de-
faulted, and that instead of putting him
In Jail he was allowing him to pay back
the missing funds in small instruments.
The payments " ere started In 1917 and
ended two months ago.
The examination of Mr.. Travis up to
the point where the questioning about
his personal finances began covered bond
purchases made by him in 1917 ard
1918. Five in 1917. Mr.. Pecora brought
out. were from George B. Gibbons &
Co., while eleven equally choice lots.
offered by other bond concerns at the
same time as the five accepted. were re-
jected. although they would have given
the State from fraction to whole
point higher yield.
The Comptroller said. IT wonder my
SELF" why one offer had not been ac-
cepted. explaining that this must have
been one Of the letters that occasionally
"go astray'' in his office. He admitted
under pressure, however. that he had
never heard Of written offer OF Glib
bons & Co., or of the Judson- Fanshawc
combination. the alleged favored brokers
going astray.