New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-08-31
where to obtain sufficient space for
his business. He then bought three
story structure at los Vesev Street


story structure at los Vesey Stree
about a year ago
Mr.. Michels testimony Of the event
Ieading up to the transactions, il
reply to Mr.. Wallstein's questions
resds:
Ct What was the purpose of you,
euyinE that Nesey Street property
A.--When was in the old market
had ten stands IN the new markc
they only gave me two stands. needed
Two stands for Gambling eggs and
needed two for a sto-eroo,n. and tive
Tor an icebox. | had to get a build
ing, be sause l could not do the worl
at tho place
Q.,pid YOU buy it sc- resale OF
speculation, A.-No.
Ny GU still retain the stands al
washington Market? A.-ycs. sir.
Q.-D;d you receive overtures look
ing 70 the sale by you Of the propert,
on Nesey Street. A.-les, sir; the
telephone company wanted to buy it.
Q.-Who represented the telephone
company at that time when you were
asked with reference 10 that? A-Mr,
Alien. have a representative that rep
resents me, Mr. Hubbard, and he neyo-
tlated this transaction with the tele-
phone company.
Q.-What instructions did YOU give
TO Mr. Hubbard? Al told him would
rather keep the place than sell it Tor
$4,000, because | needed it.
Q:-Did you yourself tell that to
anybody who came to you for that
property on behalf Of the telephone
company? A.--Yes, sir.
Q.-But you were approached by the
telephone company, or on its behalf.
within month or so after you had
bought this property? A-Yes, sir.
They said they had the entire block
and wanted my house.
Call From Commissioner
Q.-After you had refused through
Mr.. Hubbard and directly to the tele-
phone company and its representatives
TO sell them this property, what was
the next thing you heard with refer
enee to that subject? A.-That Mr..
O'Malley wanted me at his Office.
Q.-Dld you have a conversation with
him? Ayes, sir.
Q.-What took place in that CONVEX
satlon? Ale asked me what right
had to have q place in the market and
store across the street. | told him
dld net have room enough in the
stands to transact my business and |
had to have this store. I had four
Gamblers working there in the store
ana had no place in the stand for
them to work. He said what right did
have to have stand; that lived in
New Jersey and there we're so many
New Workers that were applicants for
stands in New York | told him we
were New York corporation and that
l did not think that had anything to
DO with it where | lived. Well, he said
Inc telephone company has done me
great many favors, and l want you to
turn that building over to the tele-
phone company"
Q.--What did you say to that? A.
told him l didn't like to do that be-
cause / needed the building.
Odd he say who it was con-
7nectcd with the telephone company
that ne was acquainted with? A.-No,
he did not
Michael here said that he had then
been reading Of many instances of
permits in the market being revoked,
referring to the troubles Christian
Haslob and Jules Koenig we're having
and other cases.
The witness then continued to
answer queries as follows:
Q.-What was the next thing YOU
dld about it? A.-The next day | took
Mr.. Hibbard up to the Commissioner
and told Mr.. Hubbard to take care of
that because he bought that building
tor me and he is real estate ap-
praiser and he was better able to
handle it than l was. When | got
there he wanted to have me alone in
the once; DIDN'T want to let Hubbard |
ln ] said, "Mr. Hubbard represents
me on this building and he has got to !
be here"
Q.-You told Mr.. Hibbard to nego-
tiate for the sale of this building |
A.-Mr. Hibbard had my approval of
doing that.
Best Made of Poor Bargain
Q:-WelI, what made YOU change
didn't want to sell it. Ali it had !
to be sold. had to get the best fig
ure | could get for it.
Q.-Why did it have to be sold? A.
Because I wanted to stay in the
market.
Odd Mr.. Hubbard and you then
go to the Commissioner Of Markets.
Awe went there; yes, sir, it was. |
think, November It. around that time;
18th or 18th, about p. M; in No
vembcr
Dwell now. you and Mr.. Hibbard
arrived at Mr.. O'Malleys office. Then
what happened? A.-Well, Mr. O'Mal-
ley said, "The telephone company has
done me a great many favors and we
want that building. We got TO have
that building" So, as | walked out, he
called Mr.. Hubbard back, and whatever
took place after that don't know.
Mr.. Wallstein here produced con-
tract dated January 7, 1921, between
bathold Michel Sons Company. Inc.
and the New York Telephone Company,
for the sale of the building at 10S
Nesey Street for the price of $4,000.
Mlchels had said that he wouldn't have
sold the property for $4,000 because
ne needed the property SO badly A
cneck for $4,000 was shown as having
oeen the first payment on account.
Mr.. Wallstein produced another check
Tor $4,000. also dated January 7, 1921.
drawn to the order of Cash, or J. B.
Hibbard"
Payment of "Commssion"
Michel said he gave the $4,000 to
hibbard as commissions" He said he
went to the bank and got six $500 bills
and gave Hibbard the six bills. He
SAID Hubbard had accompanied him to
the Irving National Bank. where tho
check was casned
inc witness then resumed his tex-
tlmony in reply to examination bv Mr.
Wallstein: 'S'V'' ~ ="
Y. And thereafter. on January 81. Won
executed a deed, transferring this nron
erty TO the telephone corporation. !,
that right? A. Yes. ''''"' 10
The certified RAM, &c 49,