New Britain herald., 1929-04-04
ACCOUNTAN7S TELL
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wa. that he got legal advice from Arthur l.. Shipman. who preSlous's had been mentioned in the trial as | member of law firm who had legal work for Watkins early in os Hartford career. but when ne "wanted to put something over," ae went to Bill" Egan.
 watkins Again in Court -
 Watkins, who with his brothers in.law. Guy and Maynard Tresslar. had been brought from state pris- on as possible witnesses were asaih in the court room today. but no 'n- dication was given when they woul1 be called as witnesses. states AL torney Alcorn devoted the morning hours to examination of witnesses to determine from tho records m hooks of the investment companies inc transactions in certificates or stock with which Egan was connect ed. In one instance . witness ex- plalned that Egan figured in the sale of securities because he (Egan) vas guarantor of bonds issued by ono of the companies promoted oy Watkins.
 Trial Eaters Third Day
 The Egan trial entered its third day with the state having placed in evidence that Egan was fully aware of Watkins' whereabouts after he fled to escape arrest on embezzle- ment charres. Philip I. Holloway who was . salesman of the N. A. ]. testified that from his knowledge Watkins' movements after the crash of the companies in April Of last year were under the guidance or Egan. Holloway swore that Egan by telephone talked with Watkins at various times by telephone and he related conversations he had heard between them.
 Mir. Hyde, defense counsel, asked Holloway if Egan had not advised Watkins to 60 away for the week. end. and from the answers made Judge Wolfe secured answer from Holloway that Exan in advising Watkins to leave had expected him to return.
 Another incident in the testimony late yesterday was the story by Deputy Bank Commissioner Gordon Baldwin who told of examination Of the books of the N. A. ]. on Novem- ber 23, 1927 and the day after Thanksgiving and on January 30. 1928. He said that the condition of the books was incomplete: that he did not find on his first visit any trace of the 1100,00 note supposed to be the value of 20.000 shares of the N. A. I. which were to be mag- keted. and which note was referred 10 yesterday morning by Michael F. Connor, confidential map.
 He was given the note on his sec ond day. MT. Bald Twin described the books of tho company as puzzle in response to questions as to his examination.
 Ballard Resumes stand
 When court resumed Eugene Bal lard. a stockbroker again took up his description in detail Of records. showing the stock certificates bought for the Watkins company and the records of certificates sold by W. E. Egan. He went nto an explanation that transactiones made by Egan were because the Watkins company had given him (Ballard) bonds to sell of which Egan was the guaran- tor.
 Seth Hadfield. a public accountan; told of his examination of the Wat kins company's books. He said that Watkins called on him on Oc- tober 9. 1927 to examine the books of the Winthrop Grogery company. At that time. the witness said he had been advised by one of the newspapers in the city that it was sheptical about accepting advertise ments of the company.
 Hatfield testified that he eyamin- ed the books on October 22. 1927 end found them in haphazard condi ton.