The next entry is September 8, $220.82. The next entry, September 10, is $25.70. The next entry, September 30, is $220.83. The next entry, October 10, is $32.92. The next entry, October 15, is $220.83. October 31, $220.83. November 15, $28.37. November 15, $220.83. November 29, $220.83. December 15, $31.62., December 15, $220.83. December 20, $600. December 20, $22,417.59. December 31, $1,041.66. Now, it is a fact, is it not, that during the year 1941 in salary and bonuses for the year, your total compensation as secretary to the president, Mr. Jack, was $39,356.70? Miss BOWMAN. I couldn't tell you, sir. I don't remember. Mr. TOLAND. You have no recollection of that? Miss BOWMAN. No, sir; I have been working too hard. Mr. TOLAND. Now what have you got in 1942? Miss BOWMAN. You have the records, sir. Mr. TOLAND. Have you any recollection of any money being given to you this month? Miss BOWMAN. I have checks and I put them in the bank, and you have them, sir. Mr. TOLAND. Do you have any recollection of any bonus being paid to you this month? Miss BOWMAN. I can't remember. We have been working so hard. I have been working 14 hours a day. The CHAIRMAN. What does the record show? Mr. TOLAND. The record shows on the 5th of March, 1942, the witness was given a bonus of $13,000. The CHAIRMAN. Is that correct? Miss BOWMAN. That is right, sir. Mr. TOLAND. The record further shows for the year 1942, from January 1 to date, or to the 14th of March, rather, the witness has received already $18,295.80. I show you that record and ask you to tell the committee if that is correct? Miss BOWMAN. It is on record. It must be correct. I Mr. TOLAND. I offer it in evidence. I have already offered in evidence the pay-roll sheet of the witness for 1941, to be printed. likewise offer in evidence, to be printed, the pay-roll record of the witness for the year 1942. (The pay-roll record of Adeline Bowman from January 1 to March 14, 1942, was received in evidence, marked "Exhibit No. 22" and is printed in the appendix of this volume.) Mr. TOLAND. What did you do with all this money after you got it? Miss BOWMAN. What I did with the money? Mr. TOLAND. Yes. Miss BOWAN. I owed the bank some money. I paid the bank off. Mr. TOLAND. You borrowed $60,000 from the bank in January 1940, didn't you? Miss BOWMAN. Against securities that I held; yes. I had plenty of security there for that. Mr. TOLAND. And you paid the $60,000 loan off, didn't you, with money you received from this company? Miss BOWMAN. That is right, sir. But at the time I had $60,000 worth of security there, too. Mr. TOLAND. I show you a photostatic reproduction of a check made payable to you and bearing your endorsement for December 19 in the amount of $22,417.59 and ask you if you received that and deposited it? Miss BOWMAN. Yes, sir; I did. Mr. TOLAND. I show you a photostatic reproduction of a check dated December 20 in the amount of $600, bearing your signature on the back, and ask you if you received and deposited that? Miss BOWMAN. That is my signature, sir. Mr. TOLAND. I show you a photostatic reproduction of a check for $10,000, dated December 20, 1941, bearing your signature, and ask you if you received that check and deposited it in the bank? Miss BOWMAN. Yes, sir; I did, sir. Mr. TOLAND. I show you a check dated December 31, 1941, in the amount of $1,041.66, bearing your signature on the back, and ask you if you deposited that check? Miss BOWMAN. I certainly did, sir. Mr. TOLAND. I offer those in evidence. (The four checks to Adeline Bowman dated December 19, 1941, December 20, 1941, December 20, 1941, and December 31, 1941, respectively, were received in evidence, marked "Exhibit No. 23" and are printed in the appendix of this volume.) Mr. TOLAND. What was the purpose of the loan of $60,000 that you borrowed from the bank in 1940? Miss BOWMAN. I contracted for an annuity to take care of myself in my old age, with the Sun Life Insurance Co. I had very close to $60,000 worth of securities that I had saved during the lifetime that I have been working, but I didn't have quite enough to meet the difference, so I borrowed the difference there at the bank. Mr. TOLAND. You had $60,000 worth of securities? Miss BOWMAN. At that time they were rated that way on the stock market; yes, sir. Mr. TOLAND. What was the amount of the annuity you purchased? Miss BOWMAN. I think it was somewhere around $75,000. Mr. TOLAND. And with the $60,000 that you borrowed in January 1940, $27,700 was paid to the Sun Life Insurance Co., is that correct? Miss BOWMAN. I guess those figures are right. I couldn't tell you. Mr. TOLAND. And $26,372.86 on the 19th day of January, was paid to the Mutual Benefit Life Insurance Co.? Miss BOWMAN. Against securities that I held at that time. Mr. TOLAND. I show you the checks, your checks that you produced as the result of the subpena, one for $27,700 and one for $26,000 and one for $6,000 Miss BOWMAN (interposing). They didn't ask for those checks before the subpena. You never asked to look at the checks, because I would have showed them to you. Mr. TOLAND. We asked for them. We subpenaed all witnesses. Miss BOWMAN. I would have shown them to them, anyhow. Mr. TOLAND. Those are your checks, and you drew them for that purpose, did you not? Miss BOWMAN. That is right. I would like to offer them in evidence to be printed-just the three checks. (The checks of Adeline Bowman, dated January 19, 1940, were received in evidence, marked "Exhibit No. 24" and are printed in the appendix of this volume.) Miss BOWMAN. You also have a record of all the stocks and securities I had at the bank, don't you? Mr. TOLAND. I will put them in. The CHAIRMAN. Put them in at this point. Mr. TOLAND. I show you a photostatic reproduction of your account the securities and the loan transactions, and ask you to look at it and see if that reflects the transaction of the $60,000 loan in January of 1940? Miss BOWMAN. Yes, sir; that is right. Mr. TOLAND. I offer in evidence the documents identified by the witness, being photostatic reproductions of her account in connection with the $60,000 loan in January of 1940. (Photostatic reproductions of the securities account of Adeline Bowman were received in evidence, marked "Exhibit No. 25" and are filed with the committee.) Mr. TOLAND. I show you also a photostatic reproduction of your bank account and ask you if you will look at it and see if that doesn't truly reflect the bank account that you maintain? Miss BOWMAN. It must be correct because it is a photostat. I couldn't tell you. Mr. TOLAND. I show you documents you produced in response to your subpena, the original bank statements together with the canceled checks attached thereto, and ask you if you did not produce those records? Miss BOWMAN. I certainly did. Mr. TOLAND. I offer the bank statements in evidence, and in lieu thereof substitute photostats for the bank statements but not for the checks. We have no copies of the checks. (The bank statements of Adeline Bowman from January 11, 1940, through March 11, 1942, were received in evidence, marked "Exhibit No. 26" and are filed with the committee. Certain canceled checks of Adeline Bowman were received in evidence, marked "Exhibit 26A," and are printed in the appendix of this volume.) Mr. TOLAND. Tell the committee briefly, Miss Bowman, just what you do, what you did in 1940 and 1941 for Mr. Jack as his secretary. What are your duties? Miss BOWMAN. That is kind of hard to say. All I do is just work and that is one thing, we do work. Mr. TOLAND. What kind of work do you do? Miss BOWMAN. Everything, from taking care of the employeeswell, I can't even begin to tell you, they are so numerous. Mr. TOLAND. Has anybody in your life, wherever you have been employed, paid you $39,000 in one year for services? Miss BOWMAN. I have always worked for Mr. Jack. Mr. TOLAND. Answer the question. Miss BOWMAN. Yes, Mr. Jack has always been very generous. Mr. TOLAND. Has he or anybody else at any time during the course of your employment as a secretary paid you $39,000 a year for the services that you rendered? Miss BowMAN. Well, I could say yes to that, because I received practically that much when I worked at Marquette Metal Products. Mr. TOLAND. What did you receive there? Miss BOWMAN. I couldn't tell you, but I know those securities were accumulated from those years I worked for him. Mr. TOLAND. Over a period of 22 years? Miss BOWMAN. Yes, sir. Mr. TOLAND. But name one year; tell this committee one year that you made $5,000 as secretary prior to your employment as secretary to Mr. Jack when he was head of Jack & Heintz, Ltd. Miss BOWMAN. I couldn't tell you, sir. Mr. TOLAND. Did you ever receive $5,000 salary in any year prior to 1940? Miss BOWMAN. With bonuses; yes, sir, I have. Mr. TOLAND. And what was the amount of the bonuses that you would receive? Miss BOWMAN. I couldn't tell you; I don't remember. Mr. TOLAND. And you can't tell the committee just what service you have rendered in 1941 that justifies the payment of $39,000 to you as secretary of the company? Miss BOWMAN. All I can say is just loyal and hard work. Mr. TOLAND. That is all? Miss BOWMAN. That is right, sir. Mr. TOLAND. That is all, Mr. Chairman. The CHAIRMAN. How much bonus did you get in 1942, in the month of March? Mr. TOLAND. $13,000. The CHAIRMAN. I want the witness to answer. Miss BOWMAN. He just said it. The CHAIRMAN. How much was it? Miss BOWMAN. He said $13,000. That must have been it. The CHAIRMAN. Is that all you got in 1942 in the way of bonuses, just one bonus? Miss BOWMAN. I guess it is. The CHAIRMAN. You know whether you got any more money; or have you so much money you can't keep tab on it? Miss BOWMAN. No, sir, we have so much work to do I don't keep track of it. When you are working 14 hours a day, you can't think about those things. The CHAIRMAN. You got a $13,000 bonus this month, is that correct? Miss BOWMAN. I don't know whether it was this month or last month. The CHAIRMAN. Was it March? Miss BOWMAN. I couldn't tell you when it was. The CHAIRMAN. Did you get one in January? Miss BOWMAN. I couldn't tell you. All I got is in the records. The CHAIRMAN. All right, be calm just a moment. Now, you do admit getting a bonus in 1942, in the month of March. according to the records, of $13,000; is that correct? Miss BOWMAN. That is right, sir. The CHAIRMAN. How much bonus did you get in 1941? Miss BOWMAN. I don't remember. The CHAIRMAN. What does the record show the bonus was in 1941? Mr. TOLAND. The bonuses in 1941 total $33,017.59. The CHAIRMAN. Is that correct, Miss Bowman? Miss BOWMAN. It must be correct. Mr. TOLAND. The salary was $5,000 in the beginning, raised now to $25,000. I guess that is the The CHAIRMAN. And your salary now is $25,000? Miss BOWMAN. That is what they tell me. checks I get. The CHAIRMAN. What do they tell you? When did they raise you from $5,000 to $25,000? Miss BOWMAN. I don't remember the date. The CHAIRMAN. Let's not be too forgetful. You will forget you got these bonuses, directly. We are trying to find out the facts here, and you cooperate with us; that is all we are after. When was your salary $5,000; what year? Miss BOWMAN. It was last year. The CHAIRMAN. And then on the 1st of January, or what time in January 1942, did they raise your salary to $25,000? Miss BOWMAN. I think they said something right after Christmas. The CHAIRMAN. And are they paying you the $25,000? Miss BOWMAN. Yes. The CHAIRMAN. What did you do with the $13,000 that you got in the previous year, 1941, did you deposit that in your bank? Miss BOWMAN. Yes; I did. The CHAIRMAN. Did you give back any of that money to the president or vice president or anybody in the company? Miss BOWMAN. No, sir. I bought a $10,000 bond with some of the money, and that is in my own name. The CHAIRMAN. Does your income tax return show the bonus? Miss BOWMAN. It certainly does, and I have given the gentlemen here the complete papers. The CHAIRMAN. What have you done during the year 1942 to justify a $13,000 bonus? What extra work over and above that of just a faithful employee, have you done? Miss BOWMAN. Just work; that is all. The CHAIRMAN. Do you take dictation? Miss BOWMAN. Some of the time. We have other stenographers. The CHAIRMAN. And you have been with them about 25 years? Miss BOWMAN. Yes, sir. The CHAIRMAN. And you haven't done anything extraordinary in the month of March or February or January to justify a bonus of $13,000, have you? Miss BOWMAN. Outside of work; that is all. The CHAIRMAN. What character of work? What did you do? What time do you go to work every morning? Miss BOWMAN. Sometimes we come to work at 7; sometimes at 6; sometimes we come to work at 5 o'clock in the morning. The CHAIRMAN. And you don't know of anything that you have done to justify anybody paying you $13,000 for the month of March, do you? |