New-York tribune., 1922-11-02
|Rahil1er Takes
Stand i'm Own
Failure Quiz, .;'',
Testifies as TO Relations With
DANDY PHIL; Made No
Menticl. of Association in
Forming of Culver & Co.
kastel a Secret Partner
Wanted TO Withdraw From
Firm Because He Feared
Outcome of Bankruptcy

When Jules Rabiner,, of the bankrupt
stock brokerage firm Of +. G. Rabiner
& Co., testified in his own bankruptev
hearing before Referee Harold p. Coffsn
on October "a last as to his relations
with DANDY Phil" Kastel, he made no
mention OF having been associated
wlth hastel in forming Culver G. CO.,
the firm which Kastel stepped into
as Dillon d Co. failed, and which in
turn went broke
Culver testified on Tuesday in the
Dliien q 90. hearing that Kastel wished
10 Withdraw from partnership in Cul-
yer d Co. because Of what mipht com
out of the Dillon bankruptcy, and that
ne put Culver in touch with Jules Ra-
Diaer Rablner put his brother-in-
bertrand Barnett, into the Culver firm
put Culver said that Rabiner was the
real head,
Lent Him $500
All Rabiner said about his relations
| with kastel at the Rabiner g. ca. ey.
animation was that he had loaned him
$1,000 and that he understood Kastel
was a secret partner in Goldberg a.
Heim, one of the Kastel companies
that preceded Dunn & Co, Dillon &.
Co. and Culver & Co.
AS for Culver Il Co, Rabiner said
that Rabiner & Co. cleared business,
executed orders and carried stocks for
them. He said he knew Mr. Barnett
OF the Culver firm, but went no further
into the matter, - ). !.
W. b. Nause, law PARTNER. of State
Senator Loring Black, testified at the
Dlilon hearing, which went on yester-
day before Referee Peter B. Olney.
he admitted receiving $4,000 fee
from Dillon & Co. for legal services at
the time DilionF returned to the firm in
the middle of September, 1921, which
was shortly before the bankruptcy.
He received d total Of $3, TOO for his
services from Junesto September, 1921,
but said that he had. sent. his own
check for $1,000 to the attorney for a
claimant against Dillon & Co., and
had never been reimbursed.
Knew Nothing of Blacks Affairs
vause said he knew nothing about
Senator Blacks relations with Kastel
or with Dillon & Co, as they kept
separate records of their affairs.
II Dillon was drunk when he signed
an agreement<~5 re-enter Dillon G. Co.,
after having drawn check for $l5,-
600 and left some time before, Vause
said he did not notice it. He accom-
panied Dillon to the Chatham and
10, after an ail-day conference at the
Dillon Offices. Dillon drew some money
and gave, Vaafse The $4,000 previous
ly testified to. Vause described the
various matters for which he had re-
ceived his feas, many of them claims
of customers. but the attorney would
not say they were bucketing opera
tions.
Frank B. Taylor. who is serving
eight years in Sing Sing for grand
/ larceny, WAS brought, down, to testify,
but refused tof answer questions until
he had consulted his counsel. George
T. Medalie. He will: be examined next
week. .i.,s. ~.
Creditors of Kardos & Burke attend
ed meeting in Referee Olney's Office
/ in the forenoon and decided to have
the books examined by Charles Lobell
& CO., accountants at 96 Wall Street
Benjamin Bulmer, Of s25 Nassau Street,
held another meeting in his office later
in the day. report from the ac-
countants isg expected on December 8,
when the next hearing will be held at
II a. m.