OCR Text |
Show JEROME IS SUSPICIOUS Orders Investigation of Financial Affairs of Metropolitan Trolley Company. NEW YORK, March 11. Eugene Phllbln, formerly District Attorney of I this city, was retained today to look I Into the financial affairs of the Metropolitan Metro-politan Street Railway company, to ex-. ex-. amine Its accounts with a view to the J advisability of further proceedings. I This announcement followed printed reports today to the effect that DIs- trict Attorney Jerome had been making ' an official Inquiry Into certain charges concerning the company. When Mr. Jerome was asked what had been the I result of his Inquiries he declined to discuss the matter. He also declined to say who made the charges. The examination of the company's books, which It is alleged furnishes the basis for Mr. Jerome's Inquiry ' was, made by John C. Hertle. former commissioner com-missioner of accounts of this city. . The report made says that none of the company's annual reports to the railroad rail-road commission since 1894 In his opinion opin-ion have correctly described the company's com-pany's true financial condition. He further declares that on June 20, 1901, Instead of a surplus of $5,403,465, as reported, the company actually bad a deficit. |