New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-04-14
ANOTHER TRUST BE1RA YED.
EDWARD A. LAMBERT A DEFAULTER.
AN EX-MAYoR OF BRooKLYN DEFRAUDS MS SISTER
IS-IAW OF AT LEAST 100000.


AN EX-MAYoR OF BEooKLYN DEFRAUDS MS SISTER
IN-IAw OF AT LEAST 100000.
Edward A. Lambert, formerly Mayor OF
Brooklyn now residing at No. IS South Ozord-bt' IN
that city, was yesterday alleged to have proved ne
faultcr to the amount Of at least $4,000 About hc
years ago Mr.. Crook of the firm OF Petut
81 Crook restaurant keepers OF this city, died.
leaving Mr. Lambert executor and Mrs. Crook az
executrx of his property, amounting TO nearly S7100O
Mo- long after this house that had been occupied by
MI Crook OH Oxfordst sold for $4,000. ana The
proceeds were then converted into personal property
All of this property passed virtually INTO the
hands of Mr. Lambert. Mrs. Crook being so little
acquainted with business details as to leave the
matter entirely in his hands Nothing occurred to
arouse her suspicious Of any unfair dealings until anou
year ago. when the Craftsmen's Insurance Com
pany was dissolved. Mr.. Lambert was president OF
this company when the transfer OF the property was
made to another company. BY this Transaction Nh
Lambert realized goo commission and promise Of
$40, 900 Subsequently the stockholders OF the
Craftsmen's Company sued him. and. obtaining 1udg-
mcnt, compelled him 10 give up the $1,000
Notwithstanding this affair." Mrs. Crook continued
to inrust Mr.. Lambert, who was the husband OF
her sister, with power OF attorney and the manage
ment of her general business affairs. Not long a"rward
Mr.. Lambert retired from the presidency ~ tn"
Fulton Bank, although there were no definite charges OF
irregularity few weeks ago Mrs Crooks suspicious
were thoroughly aroused and she determined with the
advice of counsel to make complete jnyes ignition W.
w. Goodrich employed and asccrtained Facts when
led him the conclusion that Mr Lambert had dcfaGdc
his sister-in-aw of large amount OF money.
The matter was brought 10 the notice Of Mr. Lambert
efforts made to recover much possible OF
what might remain. Mr. Lambert said that he had
borrowed" the money from Mrs. Crook, and had III
tended give her equivalent He Acknowledged the
deficiency, and said he "sOrry and would do what
he could To make 1t good" Mr.. Goodrich obtained for
Mrs. Crook deed or Lambert's house on OXfurd-at,
worth about 81 ,OOO this there Is frat mortgage
of $4,000 besdes second mortgage OF $4,000 to Mrs
Crook. IOckwOOds school building OXiordst.. owned
by Mr.. Lambert, and worth from $1,000 10 $4,000,
was transferred by deed III the way this the
first mortgage is 1000 aud Mis- Crooks second mort
gage $4,000. The only other property which could Dc
found was few vacant lots On these Mr. Lambert mad
borrowed" $4,000 representing the lots to be worth
$1,000; they will probably prove to be worth
So 900. OF all the property that has gone
into Mr.. Lamborps hands this ia all that has been
covered thus far and II is supposed that he is In the
possession of any other property. Ii Is cOuecufed That
the money has not been taken at once, but adualy
during the nine years Mr. Lambert has a large family.
They hold influential positions in society," and Mr. Lam
and his wife mc1beIs Of the Fort Greene Pres
bytelian Church. They have never lived eNtrVIgany,
though they have been supposed TO be wealthy.
Mr.. Goodrich declined last evening Ia say anything
that MIR. Lambert had undoubtedly proved
a aultCr to the amount of least $4,000. Whether
active proceedings would he taken In the could
not be ascertaned for two or three days yet.