Documents of the Assembly of the State of New York Volume 129, No. 13
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...and he claims he was conscious of no wrong or a violation of his duty as an officer of the Society. Hyde insists that Mr. Alexander was aware of the transactions which were being made and knew from what source the profits came. He put in evidence photographs of eight checks drawn by himself to Mr. Alexander in payment of Mr. Alexander's profits in these eight transactions, and he produced a letter and states other facts by which he claims that Mr. Alexander was not in ignorance as to the character of the business being done. He does not plead ignorance of the facts on his own part, but insists that they were entirely legitimate and proper business transactions. Mr. McIntyre, who was a very candid and exact witness, stated all the facts fully and completely. He has not returned to M.' Murray, Trustee, 01' to anybody else, any part of his pront, but makes the argument that since he was not at that time a member of the Executive or Finance Committees he is entirely blameless, and that his part in the transaction was entirely honorable and legitimate. His comprehension as to the duties of a director toward his trust estate is not surprising, for he was reared in the Society since the age of fourteen, and under the immediate tutelage of the late Henry B. Hyde. L I OTHER STOCK TRANSACTIONS. _ Theschedules prepared and verified by the Financial Secretary of 116 Sfmiety of the purchases and sales of the stock of the Mer cantile Trust Company and of the Equitable Trust Company (110 close some peculiar and unusual business transactions. During the years 1903 and 1904 it appears from this schedule that the Equitable Society was a frequent purchaser of the stock of the Equitable Trust Company at from $640 to $7 50 a share, ...
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