New-York tribune., 1922-12-10
camera Seeks
Lost Assets OF
xardos &Burke
a;,ors' Accountant ob-
','',s '.,,s. bu, Referee :. in
s.akrupIcy ss'l' Says Firm
susl Have Every finance
,,ax Man Denies Debt
Iii Declares Accou'l,
g. in Loose Ledger and
vrior sie 4 Pages Are Missing

- hattie still lowered
- 49, sfairi ci kaioV' YESTERDAY.
re- y. slock brokers' .sss.,ht o1t
lsnkieP lsnP,,. on the thing Dhont Dhontrnptcv
ss;snes..s s.s.,Srony Of the DATc,Sis'x o,,is n
j. ne 'ss,5I;SS vr;Ssy came from LOUIS s...'. ~
sesrng on i',s@ ~ ,he bankrepts; from iio
kardos, on ons Arthur l. Rose n.r'lv ,vh
Msv ~ Coodney, IN vnSss ,ss.s Of S5s4,90e
~. s,.a..ssrsd v debit balance e..s5,sors' ac-
,.s.rnsd up by tne snd also
va ...rt 80 Charles b0De"'
sSora M. Lobel' Ksrdos. Mr..
Yes'eross usrrv ]. Murray lsaa lVlnSn -
Ross ana naas;sd b. The trustee IN
cashier, aeeop, D ~ - p stephenson, ap.
BANKRUPTCY, kog.,,i koy..iss 4 Burke offices
=, ss washington s.sst ns, hook contain
- ~, =. line The ssfeun' NJ H. Stenhen-
tor ceodney r1gr'' s sl' - st,
= Ing %, fhs 80 ~, M Ross wished TO maze MAKE
sen sae M, a. copies Of the pages. Mr.
PheisgI,, g,.,seS 70 The removal, but he
LoDeh ce.siI.d ceD..sIsd according to the in
vas .,.a obtained, by Mr.. Stephenson,
Ielng el..g geraos should be given every
,bsnes to explain.
Coedney Denies Debt
~ coodney. whose address was
-. "a eii Simpson Street, the Bronx,
..nfcnrh he does not live there now,
- through an attorney that he did
:, Eve Ksrdos & Burke half a million
iol,srs Or one cent.
4 ecvpIe Of weeks after the failure
-s,eb ,eok place February II, Mr.. Lo-
IN on that he had been told by Mr..
rsss hat Kardos. had prepared the
,..lirinAry report on the books sub
r,-l.s,d 10 the trustee, and for which
-.,k employees Of Kardos & Burke are
"a % have been paid $500 out OF
Al ,s,ste. and that Kardos had got the
ssurts "out Of thin air"
NJ Ross, on the contrary, declared
~, N the presence Of MIR, Stephen
:. David II. Kahn, Mr.. Stephenson. s
.s.s,,sv. ard Kaplan, Referee Olney's
~ 1, Mr.. Olney's Office, Mr.. Lobell
NJ ala that he, Mr.. Ross, knew the
.- were false, and that he had
~ n, Lobell that he knew no such
,ss,v ~ He said Mr.. LobelPs version
~ y. iobeli also said the Goodney
..s.r,t -. was in a loose-leaf ledger, ana
80, in June, but that preceding
- ,ss,e missing. Mr.. Ross said
49,. 49, tnew nothing about any MISS
...ss a.'. Mr.. Lobell insisted that the
" debit balance OF S5s4,909 is
9Ove-' a. I.obell would not COM
w. A.weyer. on statements that
49, -, a notification in the records
:. h.s IN communications for Good,
v ". ns ,hs Kardos g. Burke office, and
~, ,srsrmation slips had never Deeh
nslsl V COodney.
V,sdm Promises Elucidation
v.,,,s, statement said that every
A., reslihs satisfactorily explained
49, M In, came. He denied that
y ~ otsble 10 1explin "over
smd1e aoets" and said the assets,
'r,luSse securities, are shown TO be
niNIsos0 and the liabilities S2.l46,-
l,iii Az the secured creditors have
hr aid out Of securities in their
irh he total liabilities Of unse-
tr,s ssditors amounted TO Sl,bOl'-
afN -
N Ross explained the difference be
r,ss he early conditions, when the
vsiiien expected to be paid dollar
i,rsslisr. and the present situation, as
hlse that between a gong concern
AK ens that was defunct, there naVihg
hes shrinkage of assets during
srEt months Of bankruptcy proceed
M