Ryan details $500000 Widener fund in Metropolitan suit
Thomas F. Ryan testifies in the Metropolitan Street Railway case that a $500,000 check was drawn to P. A. B. Widener in 1899 or 1900 and later repaid by five traction magnates in 1902. He explains the funds financed the Wall and Cortlandt Street Ferries deal and were linked to the Metropolitan Securities Company and New York City Railway transactions.
MENTIONED IN THIS ARTICLE
Thomas F. Ryan
P. A.B. Widener
William M. Elkins
William C. Whitney
Thomas ‘Dolan
Wall and Cortlandt’ Street Ferries
Metropolitan Securities Company
Metropolitan Street Railroad
Peter A. B. Widener
Philadelphia
New York
Emanuel Weil
Minner Welller
Justice Young
Municipal Court
Metropolitan Street Railway
New York City Railway
William F. Kings
Widener
Ryan
Wall and Cortlandt Street
Whitney
Philadelphia Traction
Quay
Mr. Ryan
Grand Jury
Nicoll
Sapper
Metrondilita Street Railway
P. A.B
Mr. Whitney
Mr. Stanchfield
Metropolitan Securities Directors
Brady
Wall and Cortlandt Street Ferries
California
Securities Company
Mr. Nicoll
Jerome
Met Juan
Second Avenue Road
di 'T
Jerome Orm
Charles Teale
Second Avenue
Root Denies NY New Haven Rail Deal on Car Barn Block
Metropolitan Street Railway General Manager Oren Root refuted reports that the New York New Haven Hartford Railroad sought the Legington Avenue block housing the streetcar car barns as a terminal site. He stated the block is owned by the street railway and no purchase talks occurred. The fire damaged buildings are being torn down to make space for a storage house for streetcars.
MENTIONED IN THIS ARTICLE
Oren Root
Metropolitan Street Railway Company
New York, New Haven & Hartford Railroad
Street Railway
Legington Avenue
Street Car
Bond Issue Proposed for Coney Island Railroad
The Public Service Commission received an application from the Coney Island & Brooklyn Railroad Company seeking approval for bonds totaling 462000 secured by the consolidated 1904 mortgage. About 278000 would fund construction along Coney Island Avenue from Prospect Park to Coney Island with 83000 needed for reconstructing the power plant.
MENTIONED IN THIS ARTICLE
Public Service Commission
Coney Island & Brooklyn Railroad Company
Coney Island Avenue
Prospect Park
Coney Island
Receivers Appointed for Levi Blumenthal & Co Tobacco Merchants
A creditors meeting for Levi Blumenthal & Co held at 147 Water Street yesterday. Receivers Alexander Blumenthal and Aeron J. Bach reported the firm is solvent but needs time to realize assets. Liabilities total 161000 dollars with assets 312000. An extension of one year was deemed sufficient. A creditors committee was formed to examine and cooperate with the receivers.
MENTIONED IN THIS ARTICLE
Levi, Blumenthal & Co
Water Street
Alexander Blumenthal
Aeron J. Bach
Tax Commissioners to Start Real Estate Protest Hearings
Hearings by the Tax Commissioners on protests against higher real estate assessments begin next Wednesday in the Tax Department. A total of 9,028 protests were filed with 2,086 hearing applications. Manhattan will hold 1,200 hearings, Brooklyn 491, Queens 1,009, the Bronx ide, and Richmond 181.
MENTIONED IN THIS ARTICLE
Tax Commissioners
Tax Department
Manhattan
Brooklyn
Queens
Bronx
Richmond
Financiers Fight Adjustable Suit Over Dummy Loan
A New York court battle centers on a Turner loan from 1894 tied to the Mercantile Trust Company and the Equitable Life Assurance Society. Five guarantors including Henry B. Hyde and Gen. Lotus Fitzgerald deny personal liability, claiming absolution, while the Equitable seeks to recover about 2 million dollars plus interest. The case raises questions of who bears the true debt and whether minority stockholders were misled. Justice Bischoff reserved decision after arguments on permanently restraining suits pending the Mercantile Trust action.
MENTIONED IN THIS ARTICLE
Paul Morton
Equitable Life Assurance Society
Mercantile Trust Company
Equitable Administration
Justice Bischoff
Supreme Court
Equitable Society
Trust Company
Henry B. Hyde
Marcellus Hartley
Lotus Fitzgerald
William N. Coler, Jr
John KE. Searles
Hyde
Gen. Fitzgerald
Franklin Pierce
Cephas Brainard
H. G. Cushing
Chandler Riker
Newark
Francis Lynde Stetson
Paul D. Cravath
Turner Loan
Old Western ‘National ‘Bank
National Bank
Mercantile Trust
Turner
State Banking Department
Morton
Equitable Life -Controls
The
Equitable
Riker
Stetson
Cravath
Equitable Life
Cooper Glue Plant Sold To Diamond Glue Company
The Peter Cooper glue factory at Maspeth Avenue and Newtown Creek has been sold to the Diamond Glue Company, a Glue Trust branch. The plant closed for the first time in its history, throwing over 1,000 workers out of work. The site, started by Peter Cooper over sixty years ago, is to be reopened after staff reorganization. Cooper financed nearby land for workers to build homes on installment plans.
MENTIONED IN THIS ARTICLE
Peter Cooper
Maspeth Avenue
Newtown Creek
United States
Diamond Glue Company
The
Glue Trust
Local man convicted in attempted illegal operation case
Dr Francis Gray-Blini of 165 West Forty-seventh Street was found guilty in General Sessions before Judge Malone for attempting an illegal operation. On counsel’s request the sentence was postponed to next Thursday. He had previously fled to Canada after an earlier indictment in 1003 and returned to the city in February seeking to avoid the case.
MENTIONED IN THIS ARTICLE
Francis Gray-Blini
West Forty-seventh Street
Canada
Malone
Deputy Sheriff Arrested on Attempted Burglary Charge
Deputy Sheriff Owen Payne of 101 Central Avenue Corona Long Island held in $1000 bail by Magistrate Fitch in Flushing Court on a charge of attempted burglary. Complainant Morris Blum owner of a dry seeds store at 419 Corona Avenue testified he woke to a suspected break in and saw Payne trying the door before Payne fled and was later arrested by detectives Bruns and Garrity.
MENTIONED IN THIS ARTICLE
Owen Payne
Central Avenue
Corona
L. I
Fitch
Flushing
Long Island
Morris Blum
Corona Avenue
Blum
Payne
Bruns and
Garrity
Louis Antrousen
Luke Otten
Lving
Broadway
Auburndale
S. 1
Humphrey
Queensboca Court
Long Island City
Russian Countess Olga Stein Waives Extradition Fight
Olga Stein known as the Russian Countess, held in Tombs Prison, waived extradition rights before U S Commissioner Shields and may be sent to Russia for trial. She faces charges of forging a certificate worth 100600 rubles and larceny of 10000 rubles, with past claims of a $5,000,000 fortune. The State Department will review the New York court finding for an extradition warrant.
MENTIONED IN THIS ARTICLE
Tombs
Olga
Stein
St. Petersburg
United States
Shields
Russia
Commissioner Shields
Shoreham
Mme. Stein
State Bank of
Mme. Schultz
Washington
New York
State Department
Olga Stein
Department
Tombs cell for Boeck in jewelry theft case
J Edward Boeck, accused of stealing about 32000 dollars in precious stones, was arraigned on eight indictments before Judge Crain in General Sessions. A Bail dispute followed with prosecutors seeking 50000 dollars and Boeck’s counsel pushing for 10000 dollars. Boeck was remanded to the Tombs. The charges stem from Edward J Dayton pearl dealer and Marcellus Pt Co jewelry firm.
MENTIONED IN THIS ARTICLE
J. Edward Boeck
San Francisco
Boeck
Edward J. Dayton
West Thirty-ninth Street
Marcellus Pht & Co
French Max Indicted Over Saloon Gambling Plot
Detective Reardon’s raid yields indictments against Jouigs Marx known as French Max keeper of the Arsenal Saloon at Thirty-fourth Street and Seventh Avenue. Marx linked to a World expose on police grafters and acted as go-between in negotiations with organizers. He allegedly offered protection for head gambler William Rose and promised a 30 percent share in the gambling operation. He also helped select the gambling house location.
MENTIONED IN THIS ARTICLE
Reardon
District’ Attorney
Jouigs Marx
Max
Arsenal
Thirty-fourth Street
Seventh Avenue
Marx
Ee Three
Wiliam Rose
Syndicate Plans to Liquidate Morse Bank Depositors
A syndicate led by a prominent banking firm aims to liquidate the National Bank of North America, part of the Morse group, by using a trust company backed structure to pay depositors in full. William F. Havemeyer and Receiver Charles A. Hanna pushed negotiations with stockholders while depositors and stockholders favor early full payment. The bank had $2,000,000 capital, $526,345 surplus, and $3,531,482 deposits at suspension plus other assets and debts totaling over $5.6 million in loans, bonds, and real estate.
MENTIONED IN THIS ARTICLE
National Bank of North America
Morse
National Bank
Charles A. Hanna
Oriental Bank
Metropolitan Trust Company
William F. Havemeyer
C. W. Morse
Hanna
United States
Clearing House
Killed in Hudson Tunnel Injury Shocked Passengers
A Hudson tunnel train bound for Manhattan stopped suddenly after striking laborer Thomas Coppola at 6:30 AM. Passengers were moved to the forward cars and Coppola, 35, of Jersey City, was carried in and pronounced dead by Dr. Rhodes of St. Vincent's Hospital. Coppola had been working in the tunnel overnight and was exiting when struck.
MENTIONED IN THIS ARTICLE
Hudson Tunnel
Manhattan
Thomas Coppola
Twelfth Street
Jersey City
Rhodes
St. Vincent's Hospital
Coppola
Music Hall owner convicted of Sunday liquor sales
Freehold New Jersey April 9 Max Hock stim proprietor of Music Hall at 11 Third Avenue New York was convicted before Judge Foster and a jury here today of selling liquor on Sundays during June and July at Avenel Inn Pleasure Bay also owned by him
MENTIONED IN THIS ARTICLE
Freehold
N. J
Max Hockstim
Music Hall
Third Avenue
New York
Foster
Avenel Inn
Pleasure Bay
Society for the Prevention gains new ambulance vehicle
The Society for the Prevention of Cruelty to Animals received an automobile for ambulance use from Mrs. Russell Sage via Lorillard Spencer Jr. The machine costs 4000 dollars with a 500 dollar topup for an ambulance cover. Plans include adding receiving stations for small animals and a 750 dollar donation. Fran Miller of Westminster Kennel Club is named Chief Veterinarian.
MENTIONED IN THIS ARTICLE
Society For the Prevention of Cruelty To Animals
Russell Sage
Lorillard Spencer, Jr
Spencer
Society
Fran Miller
Westminste Kennel Club
Boys' Norfolk Suits and Reefers on Sale
Young men’s suits and reefers advertised with price of fourteen dollars and fifty cents. Local shop promotes durable style for the season with a focus on affordable menswear options.
Also Mentioned on This Page
Yellow Dog
Tiariem
Metropolitan Securities
Public Services Commission
Oss
Nicolles- Ou Croseterday
New York City Railway Company
Root
New Haven Road
Coney Road
Public Service Board
Ask Extension
Cooper
Trust
Hoskins
Derby Desks
Derby
Ar P
Leonard
Fom Wworth St
Fulton Street
Jersey End
Jersey
Saks & Company
34Th Street
Millinery Department
Milan
B. Akman & CO
Norfolk
Reefers
Service
35Th Street
5Th Avenue
Lord & Taylor
Copenhagen
Reseda
Paris
20Th St
5Th Ave
16Th St
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