The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-11-24
VIOLATED TRUST.
Serious Charge Against a
Prominent Lawyer.
A, MISMANAGED ESTATE
Soft-Headed Clients Who Never Asked
for an Account.

The deputy sherns attached to tho Order Of Arrest
Department Of the sheriff Office have been served BY
Judge Lawrence. OF the supreme Court with order
to arrest Mr. Louis N Therasson the senior partner
tho law firm OF Therasson & Bryan, OF No. 10 Pine
street, afldavits sworn out by Mr.. Andrew q.
ZabrisKs, of NO. IS John street. and his mother, In
which they aver that Mr.. Therasson has. by course
OF shady operations covering period Of nearly twenty
years. embezzled them OF the sum Of FULLY 100000.
From a statement mado to HERALD reporter las,
evening by Dir. ZabriskIe the following facts were
obtained:-Mr. Therasson, It appears, was the life
long friend and legal adviser OF Mrs. Maria Titus The
grandmother ofMr Zabriske, who diod on the 18th
OF September last possessed Of q large amount OF
properly. During her lifetime she had conhded the
solo management of her estate Mr Thcrasson,
In whom. It stated, she placed the most implicit
trust both account Of her having known him
from childhood and also because no was prominent
member Of the Church OF the Incarnation corner Of
Madison avenue and Thrty-hith street, being one Of
Its vestrymen and until last year tho
OF its sunday school, OF which congregation she, az
well her family, were old and respected members.
In her will Mrs. Titus appointed Mr. rherasson and
her grandson, Mr. zabrlskie, as executors the wie
and daughter OF the former being the witnesses to
tho signing OF the will.
EXECUTOR.
Alter tho death Of Mrs. Titus it Is alleged Mr.
Therasson took steps toward having her will all
mitted to probate. Whom requested TO do SO by Mr..
Zabriskie he put IL of various pretexts until the
former compelled him to open the usual proceedings
such before the Surrogate mad the
will probated. Finally suspicion dawned on
Mr. Zabriskles mind that all not right. He
engaged the OF Messrs Van Wrinkle, Gambler
Il Jay, lawyers OF No. 4S Wall street, who ordered
Mr. Theresson to appear before them end render an
OF his stewardship Of Mrs Titus estate Mr..
Therasson appeared before tho counsel. ordered,
and an examination OF his accounts was madc Il
thcn transprsd, II ID alleged, that large sums OF
money were missing, concerning the disposition ol
which he appeared be unable give satisfactory
explanation.
HOW IT WAS DONE.
The manner 10 which be is alleged to have effected
his purpose simple Mrs. Titus, US stated above,
placed the implicit confidence in Mr.. Thcrassoni
honesty and integrity, and accordingly him large
sums OF money different times to invest tor In
bonds and mortgages. She appears 10 have never
asked him to make any full or detailed account OF ha
transactions IN her interest, but was satisfied
when he would pay her at the proper
intervals the interest on tho money which
she had entrusted to his charge. In this course
conduct toward Mr. Therasson sho was Initiated BY
among other to have given Mr. Therasson
of $l5. 900 1878 to loan the trustees Of
the latter piece of'property. This mortgage appears
have been paid by the trustees in 1875 but 1t is al
% Mrs. zabriskie, informed tina. INDY that
he had reissued It on some more pror~~ty,
not stating however, the locality of the property N
the made OF Mr.. Tnerasson's account by
Mr.. Van Wnkle this statement was found 10 be false,
record could De found among his papers that he
had ever made any reinveslment OF the money. AT
another time Mrs Zabriskie Is stated 10 nave giveu
HIM $4,000 10 invest Tor her, when he averrsd he dill,
having loaned IL to friend without receiving any
security in RETURN
TRUSTING cLIExTs
When questioned subsequently about the safety OF
this investment, he stated have avorred that the
friend 10 wnom the money had been loaned had died
intestae and that y was accordingly irretr,evabs
Mrs. Zabrskle mortgage Of $4,000 upon his ows
residence at No. 5lS Madison avenue. In negotiating
this mortgage Is said to have represented
there other upon his residence
but Mr. Van winkle discovered that there beer
four Others three OF which mad been satisfied last
mouth before the nation into his accounts TOOK
place. This now leaves mortgage on bis house and
lot of $50, 600, which sum Mr. briskZaie seemed ic
think realiz d from It's sale foreclosure
suit which he intends TO begin against it
MORTGAGE on MoRTGAGE
In addition these transactions, Mr. Therasson ID
also alleged to have loaned Tor Mrs.. ZaDrskie So o
on house al Oyster Bay, l. l., having 1rst repre-.
scented that there were no previous mortgages
on the house, when in reality there others 4
and last year, when the house solo ioreclos
S ss ls da not From Sens enough 70
statements last night 1t would appear thai
the latter's mother and grandmother never Tor mo
much suspected Mr.. Therasson's honesty. but seemed
content when he would pay them the Interest upon
the money which they had entrusted to his care. II
and assessments the Titus estate tor ycais
past although he had received the money for Sc
dong.
In his examination before SIR. Van Wrinkle Mr.
Thorasson reported have said that the Of
his Indebtedness TO tho TITUS estate would not tool
up $4,000 while Mr.. zabrisKie seems nrm Il
the belief that II will equal iuily $lo0 600
furnish the accounts Of all his transactions 10 col
nection with the Titus estate Mr. Iherasson stated
his inability to do so, alleging as reason that som,
years ago when he WAS changing his Office drunke
janitor Ilowcd some raspckers 70 enter his room
ana taKc away large number OF his most important
papers. This statement, however, dscredited alike
BY Mr.. Van Wrinkle aud Mr.. Zabriskie, and tho latter
is very expressive IN his remarks accordingly
THE LIvERY OF HEAVEN
ssMr. Therassoi," he said lust night, at the close
warm comments upon that lawyer. ''aiwav
ATTENDED church with US appearing to DO most 40
and pious man. In the church he was one OF TN
most respected members, and IL was this TACT NOR
than anything else that led US 10 place such impiicl
trust Ia him."
The suits uDou which the order OF arrest was LEI
sued against Mr. lherasson ara two iu number. The
first is brought by Mr. Zabriskie who, as executor OF
his grandmother's Will, accuses Mr.. rherasson OF hav1
ing vloated his trust ny msmanaging the estate the
second s brought ny Mes Zabriskle, who accuses HIN
OF misapproprlatIng her money aud Of emoezzlemeiL
The bail IN e9cn SUIT has been liked at $4,000.
OUT OF TOWN.
The order for Mr. rnerasson's orrcst was issued ~
last Tuesday, and, although the Deputy Sherfs hsa
kept sharp look out for him and visited all III
known To town, they nave us yet, been unbe
to 1nd the lantcst trace OF him. Last evening the
writer called at MI Therasson's residence, No. 6ls
Madison avenue aud WAS informed thut Mr.. Thfas-
son OF town ana had been during the past
three four days. IL Is supposed that he will rehan
in hiding unu he has received tho necessary bad Of
500 600. default OF which, II arrested, he woua DO
committed 10 Ludlow street JAIL