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Abner Zwillman — Part 3
Page 102
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NK 92-389
bic
a 6) Cord's Limited, Newark, New Jersey.
~ ENDLER stated that as a result of undercapitalization,
he had an opportunity to purchase 175,000 shares of Cord‘'s
Foe stock at $1 each. ENDLER said ZWILLMAN gave him two checks
totaling $87,500 on the Union National Bank of Newark, New Jersey,
for a one-half interest. ENULER stated that a subsequent break
in the stock market caused this deal to fall through aad ZWILLMAN's
%
4
aa
| checks were returned to hin.
9) City Investing Company, New York City, in 10944,
rm ENDLER advised that himself and JACK SHAPIRO, who was
oe in the construction business in New York City, bid $1,000,803.13
ty for a parcel of property from the United States Government in
Louisville, Kentucky. ENDLER said ZWILLMAN gave a check for
“T $26,000, his share of a $90,000 deposit. ENDLER said ZWILLMAN
later gave him a check for $112,000 for his iraterest in this
purchase, which check was made out to a man named HOROWITZ, who
acted as a trustee for ZWILLMAN,
10) ENDLER stated that in 1942 or 1943, ZWILLMAN had a tip
on Mc Kesson and Robbins Company stock and bought
hal?
1,000 shares of it. ENDLER said ZWILIMAN sold
of this stook to him for approximately $10,000.
CONNECTION WITH LESLIE M. WEBER
On October 5, 1954, ABNER "LONGIE" ZWILMAN, 50 Beverly
Road, West Orange, New Jersey, testified before what is referred to
as the Larner Probe. LARNER waa an attorney appointed by the
Court to investigate alleged irregularities in the operation of
the City Government of Jersey City, N.J.
ZTWILLMAN acknewledged on the stand that he had loaned
$20,000 to one LESLIE M. WEBER to “apepist WEBER in his efforts
to negotiate a $90,000 real estate déal for control of the land
on which the old Jersey City baseball park had stood, The trans-
action dated back to 1947, however, it never actually materialized,
After purchasing the property for $90,000, WEBER subsequently was
_ peid $94 900 by Jersey City for "damages" he was supposed to have
OS sufte e
37
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