Salt Lake Telegram | 1932-05-24 | Page 1 | Tax Returns of Walker Probed

I WILL EXPLAIN PLAIN P v iM i r 1 14 4 Mayor VI Walker alker TAX RETURNS OF WALKER PROBED Federal Agents Open Inquiry Upon earning Learning of Gift GiftS S in BOl Bonds ds Br DY United Tress Press NEW YORK May 24 Federal 24 Federal agents gents today investigated Mayor James J. J Walkers Walker's income tax returns returns re re- turns urns for the past four years ears while the tie mayor himself prepared to explain ex ex- plain lain some in fees and gifts and his relations with certain multi multi- jobbed politicians The federal tax Investigation is is the result of disclosures that some in n bonds was given iven the thc mayor in 1929 or r 1930 as his share of a stock deal managed b by a taxicab promoter Interested in in- crested in city legislation The gift gin was revealed in testimony testimony testimony mony before the thc Hofstadter gating committee which added to the records yesterday with stories that Russell T. T Sherwood Walkers Walker's missing miss miss- ing ng agent got ol rid of 1000 shares of stock tock for more than market value aluc This deal was described b by i Samuel former head of A Co Another was paid either Walker Valker or Sherwood for legal services sere ser vices ices by a theatrical company which already had its own legal counsel one witness said Other items Walker will vill be called upon pon to explain when he appears before be- be fore rore ore the committee Wednesday in- in n. n cude I Testimony that he took with him himo to o Europe a letter Jetter of credit purchased for cash by J J. Allan Smith promoter of the Equitable Coach com corn jany pany who later made good a overdraft Testimony that William J. J Scan Scan- an's ans payments to Dr William Walker the ic mayors mayor's brother for far medical services ser ser- vices ices were usually 50 per cent of oC the commissions Scanlan received for sales ales to lo the street cleaning depart ment ent I