In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants (1913)

Record Details:

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550 William Pelzer, Direct Examination. jour company? A. I cannot give you details without figures in front of ine. Q. You are the Treasurer of the company? A. Yes, sir. Q. Are you not able to give any approximate figure showing what the profits, or stating what the profits were for that year? A. I do not think that I am capable of carrying the figures of my books in my head, and of quoting those figures to you, Mr. Grosvenor. Q. I do not ask you for the figures stated accurately — I said are you able to give approximately what the net profits for the year 1912, were? A. I told you I could not, Mr. Grosvenor. Q. Do you know whether they were one thousand dollars or ten million dollars? A. No, sir, I do not. Q. Or whether they were 13,000,000? A. No, sir. Mr. Caldwell: This line of questioning is objected to on the ground that the witness has repeatedly stated that the books for 1912 have not yet been closed. Q. Don't you as Treasurer make up from time to time statements showing what the profits of your company are as shown by the books as of a certain date? A. I have not been Treasurer long enough, Mr. Grosvenor, to do it. Q. What? A. I have not been Treasurer long enough to do that. Q. Don't you know whether or not any statements are made up from time to time in the company's office? A. I believe they are, roughly. Q. Well, now, what I want is a rough statement of what the figures were for the year 1912? A. No such statement has been made that I have seen since I have occupied the office and no attempt has been made to get it because the figures when prepared will give that. Q. Do yon mean to say that you, as Treasurer, have no idea as to what the profits of your company are for a year, or any period of a year, until the books are closed for that year? A. If I had been Treasurer over a longer period I might be able to give you a more definite answer, but T have only been Treasurer since December the 10th. Q. Since December 16th, 1912? A. Yes, sir.