Lawyer Misled Him in Morse Case Answer
Morse charges former counsel with negligence over bankruptcy actions tied to the National Bank of North America. He seeks inspection of perjury grand jury minutes and claims counsel advised placating opponents to drop suits while he was abroad.
MENTIONED IN THIS ARTICLE
Charles W. Morse
Eugene P. Carver
United States District Court
Morse
Lannar
The
National Bank of North America
Albert B. Boardman
R. A. C. Smith
Mr. Hanna
Hanna
Morgan J. O’brien
Mr. Smith
O’brien
Boardmand & Platt
Bank of North America
Mr. Morse
Boardman
Forgan Denounces La Follette as False and Deliberate
Chicago March 18 James B Forgan president First National Bank of Chicago and ABA Currency Committee chair calls La Follette Senate speech rot and a pandering appeal to class prejudice He rejects the claim that fewer than 100 men control the nation and says the financial panic arose from clear causes not the senator's accusations.
MENTIONED IN THIS ARTICLE
Chicago
James B. Forgan
First National Bank of Chicago
American Bankers’ Association
United States
la Follette
Senate
Forgan
Senator la Follette
Mr. Forgan
Soothes a Terrified Family on the Tagus Arrival
The Royal Mail liner Tagus docked with 108 cabin passengers and Jamaica mail after a Porto Antion run in under four days. Capt Mason said Colon departure was two days late and arrival was one day early. fog delayed Tuesday night. An Armenian family of three generations faced shore denial, mothers weeping until an Arabic-speaking reporter helped ease the crisis. Passengers included Lord and Lady Crichton, Prof Lounsbury, Capt Thomas, Dr and Mrs Gravely, and others.
MENTIONED IN THIS ARTICLE
Royal Mail
Tagus
Jamaica
Port Antonio
W. G. Mason
Colon
New York
Purser Whitty
Surgeon Birch
Lord and Lady Crichton
T. Lounsbury
Capt
Thomas
J. Gravely
Hi.a. Pakenham
S. C. Mortlock
George Debevoise
T. Cochrane
C. Darling
J. Russell
H. Delahgrange
Typewriter Co. Declares Semiannual Dividends
Union Typewriter Company directors approved a 3 percent common stock dividend for the semiannual period and paid since 1902 as President Clarence W. Seamans cites business conditions. He notes dividends over the years and $12.5 million paid, with $6 million added to assets. Preferred stock dividends of 3.25 percent on first and 4 percent on second were declared payable April 1.
MENTIONED IN THIS ARTICLE
Union Typewriter Company
Clarence W. Seamans
Seamans
Verdict awards $3500 to girl in city railway case
The first suit against Adrian H Joline and Douglas Robinson as receivers of the New York City Railway Company ended with a $3500 verdict for six year old Catherine Morris who was injured by a car on Lexington Avenue between 128th and 129th Streets. Her counsel Alfred and Charles Steckler argued the accident came from the companys negligence as the motorman was busy fixing his gate.
MENTIONED IN THIS ARTICLE
Adrian H. Joline
Douglas Robinson
New York City Railway Company
Supreme Court
Gerard
Catherine Morris
Lexington Avenue
128Th
129Th Streets
Alfred
Charles Steckler
Overhaul Order Sparks Dispute Across Coney Island Rail
The Coney Island & Brooklyn Railroad Company and the Public Service Commission clash over a commission order for a full equipment overhaul. A settlement is expected March 20 as officials meet to resolve the dispute.
MENTIONED IN THIS ARTICLE
Coney Island & Brooklyn Railroad Company
Public Service Commission
Road
New Struggle On For Oriental Bank
The Appellate Division ruling on the Oriental Bank receiverships prompts Attorney General Jackson to seek Court of Appeals review. District Attorney Jerome plans an immediate inquiry as state officials demand books and assets from the bank’s receivers. President Hugh Kelly says depositors may be paid after accounts are certified, but timing remains uncertain.
MENTIONED IN THIS ARTICLE
Supreme Court
Oriental Bank
Jackson
Metropolitan Trust Company
Court of Appeals
Jerome
Kiesel
S. Stanwood Menken
Philbin, Beekman
State Banking Department
The
Hugh Kelly
Mr. Kelly
Appellate Division
Grand Jury Questions White in Bank Receiverships Case
Frank White and Joseph Ford appeared before the afternoon grand jury at the request of Attorney General Jackson to explain his connection with Vidaver amid extortion charges. The questioning focused on bank receiverships at Hamilton Bank and Mechanics and Traders Bank.
MENTIONED IN THIS ARTICLE
Frank White
Hamilton Bank
Jackson
Joseph Ford
Mechanics and Traders’ Bank
Jerome
Smythe
Vidaver
Forgetston Guilty of Usury Conviction and Fine
George L. Forgetston, manager of the State Credit Company, was convicted in the Court of Special Sessions of taking security for usurious loans. He refused a $100 loan to Isaac Oppenheimer unless he bought a $25 picture. Oppenheimer gave notes for 100 and received the picture plus $75. The picture was valued at $4. Forgetston was fined $300 and sentenced to ten days in the Tombs. This marks the first conviction in the state under the revised usury law.
MENTIONED IN THIS ARTICLE
George L. Forgetston
Broadway
Isaac Oppenheimer
East 119Th Street
Oppenheimer
Forgotston
United Service officer retirements and assignments span several commands
The notice lists retirements for Lieut. Col. J. T. French Jr and Major Thomas Swode, discharges for Lieut. J. Arnold, and new assignments for numerous officers across cavalry, infantry, coast artillery, and field artillery. It also notes guard marches, ship commands, naval positions, and academic appointments.
MENTIONED IN THIS ARTICLE
Washington
J. T.french, Jr
R. J. Arnold
First Field Artillery
W. C. Rafferty
Coast Artillery
Fort Howard
Baltimore
Thomas Swode
F. Sayre
Eighth Cavalry
B. P. Disque
Third Cavalry
First Cavalry
Illinois
National Guard
J. Longstreet
K. A. Joyce
Thirteenth Cavalry
H. Co. Tatum
Seventh Cavalry
A. P. Buffington
Naval Vessel Movements Arrive at West Coast Ports
Movements of naval ships show Tennessee Washington California and Justin arriving at San Pedro Buffalo arriving at San Diego Prairie at League Island and Yankton at May.
MENTIONED IN THIS ARTICLE
Tennessee
Washington
California
Justin
San Pedro
Buffalo
San Diego
Prairie
League Island
Yankton
Banks Seize Provident Life Stock From Thomas Loans
Banks hold Provident Savings Life Assurance stock as collateral for Thomas loans after a sale at auction. Metropolitan Trust. Mechanics and Traders Bank receivership. A third block sold March 6. Creditors aim to keep management and salvage the business. Liabilities around 4 million with assets near 2 million. Sullivan & Cromwell oversees. Creditors expect a final agreement soon on debt payments and estate income diversion.
MENTIONED IN THIS ARTICLE
Provident Savings Life Assurance Society
E. R
O. F. Thomas
Thomas
Provident Life
Thomases
Philadelphia
Metropolitan Trust Company
Mechanics and Traders’ Bank
Thomas Creditors
Sullivan & Cromwell
Creditors’ Committee
Miles O'Brien
E. R. Thomas
Iron and Steel Notes Show Market Quiet Overall
Iron and steel publications report a lull with rolling mills at 50 percent capacity and rail purchases easing. Wire trade leads with March orders around 82 percent of last year, tin plate expanding, and locomotive activity rising while steel rails and car builders slow. The Iron Trade Review notes a slight rise in steel company activity and 10 percent higher orders in March vs February.
MENTIONED IN THIS ARTICLE
Iron and Steel
Iron Age
Rolling Mills and Steel Works
Iron Trade Review
Steel Corporation
New York Air Brake Plans $3 Million Bond Issue
Directors authorized a $3,000,000 20 year mortgage bond issue convertible into stock at par after July 1, 1909 and before July 1, 1914. Bonds offered to stockholders, no underwriting expected. Goal to liquidate floating indebtedness with $1,300,000 cash working capital and resume dividends. Creditors not financing. President Starbuck stated full uptake likely.
MENTIONED IN THIS ARTICLE
New York Air Brake Company
Starbuck
Compan
Illinois Central Stock Plan Approved for 30 Percent Issue
The Illinois Central directors approved a plan to issue 30 percent new stock worth 28.512 million dollars. Shareholders will vote on May 18 with half offered at par and the other half reserved for a possible convertible bonds issue. J Ogden Armour was elected a director to fill J F Titus's vacancy, joining E H Harriman at the meeting attended by nine directors.
MENTIONED IN THIS ARTICLE
Illinois Central
J. Ogden Armour
J. F. Titus
Armour
E. H. Harriman
Receiver named for Western Maryland Railroad in federal suit
The Bowling Green Trust Company presented complaints in federal court against Western Maryland Railroad Company and Judge Tracombe confirmed Benjamin F. Bush as receiver. Bush is to take possession of all property within this district covered by the mortgage to the Bowling Green Trust Company. Similar orders have been issued in Pennsylvania and Virginia.
MENTIONED IN THIS ARTICLE
Bowling Green Trust Company
Western Maryland Railroad Company
Tracombe
Benjamin F. Bush
Bush
Pennsylvania
Virginia
Western Maryland Bonds Bid In Auction
Western Maryland first mortgage 4 percent bonds valued at 1 037 000 were bid at 65 percent at auction. The bonds secure a loan from Equitable Trust Company after a receiver was appointed. P J Goodhard Co bid 65 plus an eighth. Deutsche Bank had bid lower. North German Lloyd dividend lowered to 4 percent with gross earnings 8 174 250 Dollars, reserve 461 500.
MENTIONED IN THIS ARTICLE
Western Maryland
Equitable Trust Company
Deutsche Bank
P. J. Goodhard & Co
North German Lloyd
Bremen
North German Lloyd Steamship Company
New Cotton Contract Plan Meeting Called for March 25
A meeting of Cotton Exchange members endorsing the plan to accept cotton stored in Southern warehouses for delivery on New York contracts has been scheduled for March 25.
MENTIONED IN THIS ARTICLE
Cotton Exchange
New York
Beer Driver Union Sues Brewers For 1.1 Million
In St Louis on March 18 the Beer Drivers and Stablemen Union trustees sue eleven St Louis and two East St Louis breweries for 1.1 million dollars alleging contract violations. The suit names William Rapp John Nienaber and Louisbel as plaintiffs. The breweries operated today with reduced force due to the strike started yesterday. Railroad clerks displaced by retrenchment are largely being rehired.
MENTIONED IN THIS ARTICLE
ST. Louis
East St. Louis
William Rapp
John, Nienaber
Louisbel
Hummel Leaves the Island After Ten Months
Abraham H. Hummel will depart Blackwell's Island penitentiary this morning after a ten month stay in which his illness and confinement drew little prison life. His term for subornation of perjury in the Dodge-Morse divorce scandal expired midnight, but he remained for hospital care and will leave without the usual $5 and suit of clothes. He plans to travel south of France after a few days, taking the first boat at 7:30 A M.
MENTIONED IN THIS ARTICLE
Abraham H. Hummel
Blackwell's Island
Dodge-Morse
Hummel
East Fifty-second Street
Hfe
Fallon
Ofce
Philip B. Matz
Albany bill on valuing securities held by insurers
Senator Saxe introduced an amendment to the insurance law governing how domestic insurers value securities used for loans or purchases. The change limits the superintendent’s power to act only when securities are suspected of being not amply secured, even if below par, and requires the company to report the security for stocks and bonds it holds under oath.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Senator Saxe
Saxe
Big Silk Firm A. & M. Levy Faces Bankruptcy
An involuntary petition in bankruptcy was filed yesterday against A. & M. Levy silk ribbon makers of 84 Greene Street with two Paterson N J factories. Judge Holt named Peter Alexander receiver with a 100000 dollar bond. Partners are Abraham Levy Max Levy Nathan Zimmer and Edward Finkelstone.
MENTIONED IN THIS ARTICLE
A. & M. Levy
Greene Street
Paterson
N. J
Holt
Peter Alexander
Abraham Levy
Max Levy
Nathan Zimmer
Edward Finkelstone
Pia Hirsch
Scheuermann & Amber
William Street
Also Mentioned on This Page
Soardman
Smith
Fle
Bears
Teddi
Dr. Lyon
Cravenette
Vogel Brothers
42Nd St
8Th Ave
NEW York Central Lines
Hardmar
19Th St
Fulton St
Brooklyn
Stetson Shop
Colorado
Portland
Northwest
Union Pacific
Lafollette
Typewriter CO
R. R
Brooklyn News Notes
Water Department
Milburn
L. I
Big Basin
Luke D. Stapleton
Lawrence C. Fish
Fish
Adams Street Court
Henry Masterberg, Jr
Thomas Smith
Franklin Street
National Sulphur Works
Kent Avenue
Williamsburg
Highland Boulevard
Cypress Hills Cemetery
Forest Park
Eastern District
Young Women's Christian Association
South Ninth Street
Miss Kutcher
Peter Wyckoff
Hett
Parnt Company
American Monolith CO
Whitehall Street
Grand Jury
Ford
Jackson Bank
the United Service
Army
the Navy
T. Snowden
C. T. Vogelgesang
Wisconsin
C. L. Hussey
New Hampshire
F. E. McCullough
Naval Training Station
San Francisco
L. Hunt
Navy Department
Hi. R. Insley
A. Hall
Iron and Steel Notes
N. Y
SUE Brewers
America
Brill
Bull
Harlem
Union Square
14Th
N. B’way
125Th Street
Cor
3D Avenue
N. Chambers St
Cortlandt
N. Greenwich
Fifth Avenue Art Galleries
Fifth Ave
45Th St
James P. Silo
Benjamin Benguiat
Cathay
Benguiat
Welsbach
Welsbach Mantle
Welsbach Company
Food For
Uneeda Biscuit
National Biscuit Company
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