Evening star., 1932-05-31
FRIEND Of MAYOR
HIRED BY BUS LINE
Agent Declares Senator
Hastings Was Employed to
Solicit City Hall Favor.
Continued From First Page.)

bury's questions, that Hastings was en-
ployed by the Equitable Co. at salary
of $4,000 or $4,000 a year and ex-
penseS. He would not agree, however,
with Seabury's Characterization Of
Senator Hastings as political contact
man" for the Equitable group.
He said he considered Hastings sal
ary "a very low figure"
Hoped He Would Get Stock.
Smith said there was an agreement
between Hastings ard the Equitable
some stock, but that, in the long run,
the hackers would have had nothing to
do with it, and that the fnanciers
would determine what was to become Of
the stock
Hastings probably would have got
something out of IT," Smith said. u
hoped so'
just before Smith took the stand to-
day, an accountant testified that Rus
sell T. Sherwood had paid out more
than SIS, 900 for the benefit Of an un-
named person to whom Mayor Walker
said on the stand last week he had
authorized payments.
Documents in which the unnamed
t)CiSOil llS we're IlOL lIlLTOUuCtO
evidence, neither today nor last week
when they were submitted to the mayor
for identification.
The amount Of only one payment was
brought Out-a check for $500 which
the mayor last week identified as having
been paid with his authority out OF the
proceeds Of his joint account with Paul
Block, publisher
It was said the unnamed persons
identity would, by agreement. be with
held.
Describes Payments.
James T. Ellis, accountant employed
by the committee, testified that the
$4,000 payments from Sherwood's &C
counts to the unnamed person included
SAL ,668 SO in stocks, and $4,000 letter
of credit purchased April 80. 1881.
The letter Of credit, Ellis testified
was increased three times-on July 10,
1881, by $4,000; on July 20 by $4,000,
and on August by $4,000, making the
total sl6,500. all of which. he said. was
paid by Sherwood in cash.
Ellis testified that record Of Sher-
woods brokerage account with Bayliss
g. Co. showed Sherwood delivered to
T. stock which had been purchased for
\
showed, he said, that this stock was
later returned to the Sherwood account
Cites Walker Testimony.
Assemblyman Irwin Steingut Of the
Democratic minority pointed out that
Mayor Walker had said he knew moth
ing about any such transaction.
That is what he said" Seabury re-
piled. Now ! am putting this before
you so you can see that these securities
were delivered from the Sherwood ac-
count to the same person to whom he
authorized payment Of $500, and
leave II for you to say. on inspection
Of these records, whether there was any
reason why Russell T. Sherwood should
have made, on his own account, that
expenditure.
If you determine that you know of
no such reason, then there Is fair basis
for a conclusion that those securities
were paid out for and on behalf of the
mayor of the city. no matter what he
may say by way of denial"
Senator Hastings Present.
Ellis also testified today that a check
for $3,02877, which Abram H. Schwarzs
a theatrical real estate operator, said
on the stand last week he paid to
Walker through Sherwood for legal
services, went into one of the bank ac
counts that figured in the S96l, ,225 So
transactions credited to Sherwood.
Walker testified last week that Sher-
wood frequently cashed checks for him
besides paying his and Mrs. Walkers
bills with SheWood's checks, for which
he had received cash from the mayor
Senator Hastings, who has asked for
another chance to testify, was in court
when the hearing opened.
Ellis, who testified he had been max
ing a study of the bank and brokerage
accounts Of the missing Sherwood, tes-
titled that 1851 ,22552 went into the
Sherwood accounts between January ], ,
1926, and August 5, 1881.