Show SENATOR DEPEW A PARTICIPANT Equitable Eg i table Syndicate e Transactions Coming to Light JACOB TO TESTIFY i 1 SEARCH BEING MADE FOR AN AC ACCOUNT ACCOUNT ACCOUNT COUNT O YORK Sept ST ses Ha session e ealon NEW sion alon of or the legislative committee t to Investigate insurance methods was waa a given over to the th matter of ot syndicate transactions of the Equitable Life Ife As Ai Assurance A ce society clet Henry R B Winthrop Jp assistant secretary and nd financial man miti mangor agor gor of ot the society aa U again on n the witness stand and many of ot his state manta Ji were accompanied by ten tan documents giving ghIn the various trans i actions in detail It ft was wu wa brought ou out that in one of these theM syndicates Senator Depew was a participant to the extent exten oC ot and the senator was WH re 18 t d to appear before the tta te Profits Are Missing Mi r Winthrop was unable to fled a 8 record of the s from a number of the syndicate transactions tran was made and expert accountants now noV noVat at work on the books of ot the society are expected to unearth une rth these later The rhe witness detailed a number of Joans to the Equitable Trust and Mer MerI I Trust companies as well as the sharing of the companies in Wite tc transactions ns with the society Late in the day Henry Greaves who was wu a clerk for George H 11 Squire for formerly formerly formerly merly a member me of ot the finance commit committee tee was 1111 called to supply some information Information tion Uon regarding the George H Squire account and from him it was 1 learned that there were a number o oth of th se accounts There Thero was besides b ldes the George Goorge H Squire trustee tha th Marcellus Hartley trustee ac ae account account count and another the uJ J S W Alexan der trustee account Could Not Be Traced Mr Greaves produced the bank book of the Squire account and by means o or of it Mr Hughes Hughy tried to trace amounts that would correspond to profits to this account but the witness s could not re remember remember remember member the Items or the amounts de deposited deJ deposited posited O J Mr Greaves was still on the stand when whan the session illon H adjourned for forthe forI I 1 the day da dar Mr r Greaves however gave way tem thin temporarily to Mr Winthrop Winchrop while Mr Hughes Hushea queried quelled further regarding syn Mr 1 Winthrop f was WIl asked to furnish a list of the individual pants in 1 syndicates and said aid that President Morton orton wu was as preparing such sucha a statement Mr Winthrop said Hid he hud hM hMo no o positive Information of ot the James H Hyde and associates syndicate but he exp to t have them t em tomorrow Small Profits Mr fr said that on Baltimore I Washington ton Long Island organ organised by b Kuhn Loeb Co there were Wel two to payments one of ot 56 the other of 60 The company deprived d lived profits pr d of miP i Ute while J W 1 Al d Q W v Squire and J H Hyde divided profits on the 5 When asked if It the matte matter had lied been n nall called all to the attention of ot these gentle gentlemen gentlemen gentlemen men Mr 11 Winthrop said ald It will be Jacob Jcob H of or Kuhn Loeb Co CoHa Ha aa today aiM it is Iii expect expected ed od he will appear appeal to testify tuut tomorrow torn or Friday Mr will ba b asked about the transactions of or his hili firm Arm with the Nw Nf York Life Insurance h urance company as well as All with Ith the Eq Life Lite As Assurance Assurance Assurance society |