New-York tribune., 1921-09-30

took the document executed for the
purpose with him. The inspector also
said he had q copy OF this document,
but later denied this. Tho examination
then continued with these questions
and replies:
Son Did Not Pay for Stocks
Q.-Did your son pay anything for
this stock7 A.--No, sir.
Q.--Did you have any agreement
with him In relation to It? A--Nonc,
except that it anything happened to
me he would take care of his two
brothers and sisters. That WAS verbal.
c.-Did you make your payment for
the property by checks or cash? A.
BY check, all the payments.
Q.--Do you save your checks? A.
No, sir, don't save them.
Q.--You have not got any vouchers
A.--No, sir. Counselor, my account
with the Empire Trust Company, you
have u transcript OF that, will show
those checks.
Q.--Of course, that only gives tho
amount Of the checks and does not in
dictate what they are for. A.-The
$4,000 check, you will sec that re-
corded in the account of Morris Joseph
a Co., brokers.
Q.--Now, will put in evidence the
accounts with the brokers, as requested
by the witness. Hero is an account
with Macquoid & Coady, between June
IL, 1919, and October ., 1919; that
seems to be Tor the purchase of stock;
is that correct? Alt speaks for it.
self. Purchase and also sale of stock.
Q.--Weli. find that you gave them
$S,459.6a; 1t was a dealing in stock
do you remember whether it was stock
that you kept or whether it was just
brokerage transaction? A.--Broker-
age transaction.
Purchase of Liberty Bonds
Q.-7Now, SEQ you had an account
June 26 to March 25 with Cammann
& Co.; will you tell me whether you
kept the stock or whether it@was simply
stock deal? A.--That was not a stock
deal at all, Senator. They purchased
some Liberty bonds for me. There is
another item, 500 Texas Grangcrs, an
oil stock they sold for me-.
Q.-That is, on June 26, 1920, you
purchased Liberty bonds in the amount
Of s474.38 and $5,690.19 with Cammann
have since disposed of them? A.---That
is right.
Q.LThen I have an account here
with Morris Joseph & CO., running
from February %, 1919, to March 81,
April 1, 1920-1921. That shows in 1919
dealings amounting to $4,000 in rough
figures; in 1920 $4,000, in rough figures.
and in 1921 $18,626. and I find check
of 1875; Is that the check that you
referred to as paid or used in payment
Of this property? A.-That is the
check, yes sir.
Q.--That check was given as March
30, 10o. Aren't you mistaken about
that? A---No, am right about that.
The property was bought in 1920.
Q.-And you turned that check over?
A--No, directed them to send that to
Colonel Leslie. And when they sent
it to Leslie it was through him ap-
piled In payment. I would also like
to inform you that there are two other
accounts that I am unable to obtain.
Accounts Still Sought
Q.-What brokers'? A-Crossman
Brothers, or G. P. Crossman & Co.,
Pine Street, and George Barber. Cross
man has gone out Of business. The
firm broke up and my Office locsted
him and he promised to send me tire
account. He probably will some time
to-day. The other man is dead George
Barber was sales manager for the Bot
any Worsted Company. His Office
was in the Fifth Avenue Building. |
dealt through him.
The inspector here added that he
closed all his speculative accounts
when he invested everything he had
in the 115th Street property.
"Well, how is the business Of the
corporation transacted now?" asked Mr..
Brown.
"He appointed one of the stockhold-
ers before he left, Mr.. Candeau, to at
tend to the affairs Of the corporation,'' .
said the witness.
Q-You have no authority in rela-
tion to it whatever? A.-No.
Q.-Who signs the checks? A.--The
checks are already signed by James
Dwyer. He signed number of checks
before he left.
Q.-Have you received any money
from the Park Court Realty Company