“We paid two hundred thousand dollars for the two pieces.”
“Cash?”
“Part in cash and part in an exchange for property in the Bronx. Sixty thousand in cash. The Bronx property is in the shape of building lots, valued at more than two hundred thousand dollars.”
“Then or now?”
“Then and now, sir.”
“State, if you know, does Mr. Hildebrand still own this Bronx property?”
“I believe it is in his name.”
“And it is still worth two hundred thousand dollars?”
“It is worth a great deal more, sir.”
“I see. Now, Mr. Stevens, you have testified that this defendant wrote letters to the several members of your corporation, advising them that you and Mr. Drew had sold this downtown property to an insurance company for ten times as much as you paid him for it. Was Mr. Hildebrand uttering the truth when he made that assertion?”