Financial dealings of the Metropolitan Street Railway system
The article details the complex capitalization and transfers among the Lexington Avenue, Columbus Avenue, and Metropolitan Crosstown lines, all owned by the Metropolitan Street Railway Company via the Lexington Avenue & Pavonia Ferry Railroad setup. It explains stock cancellations, intercompany loans, and mergers that kept shares in treasury, denying any public increase in capitalization and attributing supposed profits to insiders as illusory. It also notes the Wall & Cortlandt Street Ferries deal and the repayment pattern of $111,000 checks to five lenders including the author.
MENTIONED IN THIS ARTICLE
Lexington Avenue & Pavonia Ferry Railroad Company
Metropolitan Traction Company
Lexington Avenue Company
23 Street
Broadway
Traction Company
Central Trust Company
Guranty Trust Company
Mutual Life Insurance
Columbus Avenue Company
Metropolitan Crosstown Company
Metropolitan Street Railway Company
34Th Street
84Th Street Crosstown Railway Company
Guaranty Trust Company Anser
Metropolitan Streetway Company
Guaranty Trust Company
Metropolitan Company
Ryan
Wall & Cortlandt Street Ferries
Mr. Ryan
Mr. Widener
Messrs. Elkins
Widener
Dolan
Mr. Whitney
George
Whitney
Comnmus
Metropolitan Street Railway
R. Moorehead
Grand Jury
Public Service Act
Ivins
Chicago Delegates to Confer on Hughes Nomination
Republican delegates discuss support for Governor Hughes at the national convention in Chicago. General Woodford signals possible defections while New York triggers a conference at the Manhattan Hotel on April 3 to plan strategy and secure nomination. Seth Low and Frederick R. Hazard are named among delegates at-large.
MENTIONED IN THIS ARTICLE
Stewart L. Woodford
National Hughes League
Woodford
Hughes
Chicago
New York
United States
Manhattan
Ely
General Woodford Speaks at Taft Club Luncheon
General Stewart, head of the Hughes League, was hosted by the Hamilton Club for a luncheon. Despite the club’s pro Taft stance in Illinois, General Woodford urged support for New York Governor Taft and outlined his claims.
MENTIONED IN THIS ARTICLE
Tribune Sicage
General Stewart
Hughes League
Memilton Club
Hamilton
Illinois
Woodford
New York
Indictments Dropped Over Metropolitan Railway Probes
Grand jury found no crime in the evidence about Metropolitan Street Railway payments and stock moves linked to 1903 contributions. The inquiry traced transfers among William C. Whitney, H H Vreeland, and J. Ryan, involving Interborough Metropolitan interests and Wall Cortlandt Street assets and a series of checks and stock to repay loans.
MENTIONED IN THIS ARTICLE
Ryan
Paul D. Cravath
H. H. Vreeland
Metropolitan Street Railway Company
Cravath
Ivins
Public Service
Interborough Metropolitan
Jerome
Grand Jury
Metropolitan Securities Company
Kuhn, Loeb & Co
William C. Whitney
Mr. Ryan
Interborough-Metropolitan Company
Interborough- Metropolitan Company
Wall & Cortlanat Street Ferries Company
Whitney
Messrs
Ryan, Delan
Widener
District Attorney Relies on Traction Officials for Crime Evidence
The District Attorney says he would not know where to look for evidence of criminal activity except to consult the officials of the traction companies themselves.
MENTIONED IN THIS ARTICLE
Commission of Crime
Traction Companies
Metropolitan Directors Faced In Suit Over Street Railway Finances
In Brooklyn a case against Metropolitan Street Railway directors proceeded as Eugene Kremer laid out documentary evidence. He cited 1899 minutes showing an American Air Power Company stake and loans of stock. he alleged purchases of Broadway and Seventh Avenue line stock and a worthless Cable Construction stake. He claimed September 1896 minutes revealed guarantees on gold bonds and a 1897 special meeting tied the receivership to the New York City Railroad Company suit. Adjourned to Monday at 9:30 with Vreeland expected to attend.
MENTIONED IN THIS ARTICLE
Herbert H. Vreeland
Emmanuel We
Minnie Weiler
Metropolitan Street Railway Company
Ith District
William Young
John B. Stanchfield
Cent
Vreeland
Eugene Kremer
Metropolitan Directors
American Air Power Company
Metropolitan
Power Company
J. F. Cotton
Helmont
Kremer
Metropolitan Traction Company
Broadway
Seventh Avenue
Pennsylvania Steel Company
Degnon Contracting Company
New York City Railroad Company
Mr. Kremer
Uncertainty On Convention Eve In New Hampshire
Concord April 20 Republicans gather for the State Convention with debate expected over presidential candidate endorsements. Potential at large delegates include Jacob Gallinger Chester Jordan Edwin Eastman and Edwin Jones. Names like Chandler Burnham Rollins and Churchill are floated for possible contests. Rollins leads Taft faction opposing binding instructions. Rollins and other Taft leaders decline statements on possible Taft resolution while Governor McLane is named permanent chairman.
MENTIONED IN THIS ARTICLE
Concord
N. H
Jacob H. Gallinger
Chester B. Jordan
Lancaster
Edwin G. Eastman
Exeter
Edwin F. Jones
Manchester
William FE. Chandler
Henry FE. Burnham
Frank W. Rollins
Winston Churchill
Taft Association of
New Hampshire
Rollins
Taft
Gallinger
John McLane
Milford
Henry B. Quinby
Lakeport
Prohibitionists Nominate Hartman for State Senate
The 47th District Prohibitionists met in Lockport and nominated Dr. John A. Hartman of Albion for State Senator. They endorsed Governor’s stance against gambling and expect Hartman may win amid Republican and Democratic splits. Hartman has served ten years as treasurer of the state Prohibition party.
MENTIONED IN THIS ARTICLE
Tribune
Lockport
N. Y
John A. Hartman
Albion
State of New York
Dr. Hartman
Hartman
Prohibition Party
Arbitration Treaty With Spain Signed In Washington
A general arbitration treaty between the United States and Spain was signed in Washington on April 2 1926. The agreement follows the pattern of existing treaties with European governments enabling submission of international disputes to the Hague tribunal.
MENTIONED IN THIS ARTICLE
Washington
United States
Spain
Hague Tribunal
Bryan says 25000 a year offer would pull him from public life
William J. Bryan told reporters in New York he declined a $25,000 yearly counsel offer from a corporation because it would remove him from public work. He defended his income as legitimate and said his views have not changed over twelve years, noting he lectures and writes for pay but donates more time to public causes. He defended his political independence and anticipated Denver convention dynamics.
MENTIONED IN THIS ARTICLE
William J. Bryan
Hofftman House
Hearst
Bryan
United States
Cleveland
White House
Harrison
New York
Denver
Mr. Bryan
Grace
Virginia
Miss Bryan
Europe
Henry Watterson
Conners
Senator McCarren
Lewis Nixon
Charles F. Murphy
Mr. Nixon
Mr. Murphy
Nebraskan
Roosevelt
Washington
Empty Seats For Bryan at Bronx Church House
William J. Bryan spoke to a crowd under 400 at the Bronx Church House in a benefit for St. Simeon’s Church. The lecture on The Old World and Its Ways covered China Japan and the Philippines with Bryan noting no desire for war and critiquing sensational headlines and battleships.
MENTIONED IN THIS ARTICLE
William J. Bryan
Bryan
Bronx Church House
171St Street
Fulton Avenue
Bronx
St. Simeon’s Protestant Episcopal Church
165Th Street
Sheridan Avenue
Mr. Bryan
Ralph J. Walker
St. Simeon’s Church
China
Japan
United States
Limits McCarren Vote Clash in Kings Party Shakeup
Tammany leader Murphy says McCarren can sit on the state committee via Hasenflug but cannot use the same proxy for the twelve member sub committee to reorganize the party in Kings and other areas. Patrick Mara backs McCarren while Utica anti Murphy Conners group plans a Utica conference with a Denver convention averted bolting unlikely.
MENTIONED IN THIS ARTICLE
Charlies
F. Murphy
Tammany
McCarren
Hasenflug
Democratic Party
Kings
Murphy
Conners
Hasenslug
Lis
Norman F. Mack
Buffalo
Tatamany Hall
Mack
Senate
Upstate
Patrick J. Mara
Assembly
Queens
Charles F. Rattigan
Auburn
Murphy and
Utica
Denver
Rattigan
Murphy-Conners
Alabama’s Votes Go for Bryan in State Plan
Birmingham April 2 In line with the primary plan that two hundred or more qualified Democratic voters may place any Democrat on the ticket Jonn W Tomlinson president of the Bryan State Democratic Club filed today with the chairman of the Democratic State Committee a petition signed by the Governor and every state official and over two thousand Democrats for the name of William J Bryan to be placed on the ticket the delegates to the Democratic National Convention being instructed under the plan to vote as a unit for the man receiving the largest vote which gives Alabama’s twenty two votes for Bryan.
MENTIONED IN THIS ARTICLE
Birmingham
Ala
Jonn W. Tomlinson
Bryan State Democratic Club
Democratic State Committee
William J. Bryan
Alabama
Bryan
Parker's Delegate-at-Large Status Confirmed by Parker Firm
Arthur McCausland of Parker Hatch & Sheehan stated that ex Judge Alton B. Parker did not seek the delegate-at-large post, but the committee chose him and he has no intention of declining.
MENTIONED IN THIS ARTICLE
Alton BR. Parker
Arthur McCausland
Parker, Hatch & Sheehan
Parker
Judge Gray denies invitation to dinner with Minnesota governor
The Wilmington Delaware report states Judge Gray rejected claims he had accepted an invitation to attend a Chicago dinner with Governor Johnson of Minnesota, denying the alleged invitation.
MENTIONED IN THIS ARTICLE
The
Tribune
Wilmington
Del
Lake steamer afire ten miles from shore
A steamer named Main towing the barge Emma E Tyson from Ashtabula is reported afire ten miles offshore. Ten crew members are aboard as lifesaving crews respond. Unclear how badly damaged the vessel is. The Malin is en route to Cleveland to pick up the barge M E Orlan.
MENTIONED IN THIS ARTICLE
Cleveland
Emma E. Tyson
Ashtabula
Malin
M. E. Orlan
Cuban General Pino Guerra to Visit United States
Major General Pino Guerra newly appointed Cuban army commander will depart May 2 for Washington after a Havana meeting with Major José Marti and Lieutenant Landa. He plans to meet President Roosevelt, tour the War Department, visit military posts, observe training at Fort Riley, and inspect sites including Rock Island and West Point before possibly attending maneuvers in Errench and Germany.
MENTIONED IN THIS ARTICLE
Havana
Pino Guerra
José Marti
Landa
Washington
Roosevelt
War Department
Guerra
Columbus
Jefferson Barracks
Fort Riley
Rock Island
Watervliet
Plattsburg
West Point
Sandy Hook
Governor's Island
Springfield
Fort Monroe
Cuba
The
Republic
Ope
Nevada Republican Convention Selects Delegates in Winnemucca
The Renu Sitess State Convention chose delegates to the national convention and rejected Taft instruction resolutions by a vote of 26 to 0. The platform endorses President Roosevelt. P. Lannigan was re elected national committeeman.
MENTIONED IN THIS ARTICLE
Taft
Winnemucca
Nev
Renu Sitess
Roosevelt
P. Lannigan
Republican Club Elects Leaders and Endorses Canal Plans
The Republican Club re elected Charles H Young as president and chose new vice presidents recording secretary and treasurer to five year terms. Executive committee members were named along with replacements due to resignations and a plea to reduce southern representation in Congress based on disfranchisement. The meeting approved a Bennet bill to pay warehouse laborers in New York and endorsed Roosevelt Taft canal engineering changes. The annual report by Andrew B Humphrey highlighted practical Panama Canal changes and a call to uphold reduced southern representation aligned with party principles.
MENTIONED IN THIS ARTICLE
The
Republican Cloud
Charles H. Young
Job E. Hedges
William A. Keener
Warren Higley
Reuben Leslie Maynard
Philip J. McCook
James I. Wandling
Thomas M. Turner
J. Edgar Leaycraft
Herbert H. Gibbs
William Greenwood
John E. Micholland
Edward F. Cragin
Henry W. Sackett
E. W. Bloomingdale
Alexander Caldwell
Bennet
Secretary of the Treasury
United States
New York
Andrew B Humphrey
Roosevelt
Taft
Panama Canal
Humphrey
Republican Club
Congress
Efforts to Ship Asphalt Norte In Venezuela
Amal L. Barber former president of the Asphalt Trust is in Caracas seeking renewed shipments from the New York and Bermudez Asphalt Company. Rudolph Dolge of the Orinoco Company left Caracas for Washington after a Venezuelan court nullified the Fitzgerald concession, provoking protests by Mr. Dels.
MENTIONED IN THIS ARTICLE
Caracas
Willemstad
Amal L. Barber
Amphalt Trust
New York
Bermudez
Rudolph Dolge
Orinoco Company
Washington
High Federal Court of Venesuels Recenty
Zere
Manca
Ortonoco Company
Fitzgerald
Venemala
Dels
Two Thousand Kansas City Vaudeville Cases Dismissed
Kansas City theater owners managers and performers faced more than two thousand cases dismissed as Prosecutor B. Krell moved to wipe the gun day observance docket started last September. About three thousand cases remain, with trials expected through the summer. Bonds posted to secure releases neared one million dollars. Nearly all leading vaudeville and burlesque actors nationwide had been indicted.
MENTIONED IN THIS ARTICLE
Kansas City
H. Wallace
Criminal Court
B. Kimbrell
Jacks County
Krell
Troops Disarm Moros On Basilan and Mindanao
Detachments of the 230 and 38 Infantry with constabulary and armed launches under Major Finley are disarming Moros along Basilan coast. Troops move in closing-in formations amid restlessness and feared trouble from an armed band. A similar drive operates at Lake Lanao Mindanao. telegraph service is interrupted.
MENTIONED IN THIS ARTICLE
Manila
Finley
Basilan T
Lake Lanao
Mindanao
Also Mentioned on This Page
Kyran
Columbus & Ninth Avenue Company
34Th Street Crosstown
Metropolitan Railway System
Gen. Woodford
Taft Cluub
Aeolian CD
Aeolian Hall
Weber
Paderewski
Rosenthal
Caruso
Steck
Wheelock
Stuyvesant
Dill
Avenue Street
the Ferries Company
Granite State
Cesar
Gaul
Augustus van Wryck
Lawyers’ Club
Augustus Thomas
New Jersey
Trenton
State
Sterling Hotel
Governor Fort
State Capitol
Walter Madden
Trenton Club
Taylor Opera House
People’s Institute
Cooper Union
Watterson
Missouri Society
New Grand Hotel
Hoffman House
New York University Law School
Associated Press
Waldorf-Astoria
Business Science Club of
Urey Woodson
Democratic National Committee
Tioin
Nn- Denver
Johnson
India
Philippines
McArren
Gray
Aftire
Cleveland Lifesavers
America
Electrics
Studebaker
Studebaker Eros. Co
Nevada
Mr. Barber
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