Report and Testimony of the Special Committee of the Assembly to Investigate the Desirability of Municipal Ownership of the Street and Elevated Railroads of the Various Cities of the State - Softcover

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896. Excerpt: ... Q. Have you ever had any experience with air brakes on your cars? A. No, sir; we never had any. Q. So you do not know, then, about what the cost of "operating an air brake on one of these cars would be? A. No, sir; I have never seen one on an electric car. Frederick P. Allen, called and sworn, testified: By Mr. Wade: Q. Mr. Allen, you reside in Buffalo? A. I do. Q. What is your occupation? A. Cashier of the German-American Bank principally. Q. Are you also the treasurer of the street railway company here? A. I am. Q. And as such you are familiar with its business? A. Yes, sir. Q! And financial operations? A. Yes, sir. Q. And its books? A. Well, not particularly familiar with its books. Q. Who keeps the books? A. The books are kept at the office; I do not go there very often; I sign all the checks. Q. Are the books under your supervision? A. Well, I should say not; of course, I have access to them. Q. But, as a matter of fact, do you give directions? A. I do not pay any attention to them. Q. Do you have anything to do with charging up certain items to construction account and certain items to operating expenses? A. No, sir. Q. And do you know anything about what particular items go into the various accounts? A. I do not, excepting as I might notice the different checks that were drawn. Q. I suppose that would not be such as to enable you to state it from recollection? A. Oh, no. Q. How often do you take off a balance sheet from your books? A. They take off a balance sheet monthly, I presume; I never take one off. Q. I mean in the office; you are one of the directors? A. No, sir; I am not a director. Q. Do you see that monthly statement from time to time? A. As a rule, I do; it is just as it happens; if I am at the office and want to see I do see it, but I...