The New York herald., 1877-10-18
THE PLUME DEFALCATION.
HE CLAIMS THAT IT WILL NOT EXCEED ONE
HUNDRED THOUSAND DoLLARs-vIEws OF

He CLAIMS THAT IT WILL NOT EXCEED ONE
HUNDRED THOUSAND DoLLARs-vIEws OF
THE STREET ON THE MATTER.
The particulars OF the dcfacation OF Mr. George T.
Plume, as reported in yesterdays HERALD, caused
much sorrow and surprise among his social friends
and business acquaintances. Coming the heels Of
the Gilman swindle which so shocked the commu-
nifty, Mr.. Piume's breach of trust looked
upon as confirmation Of tho feeling which
has been gradually growing in the puoc mind
that Dogenes after all not far
astray in his estimate OF human nature and had he
lived in this OF corruption no would have found
even moro difficult TO discover strictly honest and
honorable man, one who is absolutely removed from
temptation and reproach,
IL is claimed that until few days ago Mrs Lamont
and her family had Suspicion intimalion OF any
thing being financially wrong with Mr. Plume. on
Monday, It is alleged, he called on that lady and
made clean breast OF his troubles. He represented
TO her that without having any intention OF doing
wrong ne had used her meney ~ certain investments
which proved unrcmuneratvc He mad lost large
portion OF her fortune and all bis own He would
pledge his lite however, to redeem his indebtedness
her. Mrs. Lamont at once consulted with Mr. MAJ
bury, her counsel, and the result that
tho parties named visited tho Surrogate's office
last Monday and explained the OF The case 10
Surrogate CALVIN. petition and complaint were at
drawn up and order granted removing Mr.
Plume from further Official connection with tho
Lamont estate. Mrs Lamont deposed that lnasmuch
as the circumstances oil tho sad George T. Plume
have become and precarious as not TO afford
adequate security for his due mnislration oil tho
estate Of the SAID Charles Lamont deceased therefore,
tho petitioner and complainant prays that you tthe
Surrogate) WILL by Order supercede the lctcrs testa
mcnary, as Aforesaid, issued to the SAID George T.
Plume, aud his authority and rights As an executor
may thercupon cease"
The petition granted aud the Court ordered that
"he authority rights Of the said George l. Plume
as such executor are hereby terminated, and herc-
after the affairs thereof shall DO cred by the
SAID Anna NJ Lamont as solo acting execulrix OF tho
last VIII and testament OF Charles A. Lamont, de-
ceased"
AMOUNT rnE DIPALcArIoM.
The account published yesterday Is substantially
correct Nr. Plume has Incorporated STOCKS and
other securities placed in his Keeping trust Tor the
widow and orphans OF his deceased brotner-inaw,
Charles Lamont rne amount Of his delalcatioD Is
variousiy estimated at from $400 900 TO $5O0 000 Mr.
Plume himself informed a HERALD reporter yesterday
that his Indebtedness 10 the estate OF Charles Lamont
would not much exceed $l00,0 Al tho demise OF
Mr. Lamont Mr.. Plume and Mrs Lamont were ap
pointed of the will Tho held In his
possession all the notes and valuable securtes con-
sistlng Of United States bonds and railroad stock
amounting In tho aggregate, II IL SAID, 70 about
0oO the rest of the fortune OF the deceased gen.
tlenian having been invested IN real estate.
AT THE STOCK ExcHASGE.
AT the stock Exchange, Yesterday, an unusually
large number OF brokers assembled IN anticipation OF
''scene' when Mr. Piume's formal notice OF suspen-
would DO announced. During the routine bust
tue mcmDors gathered groups and held earnest
discussion on the latest financial sensation. Sud.
by the clerk announcing that Mf Plume had informed
the Stock Exchange Of his business suspension, and
then the clerk proceeded to raad the following COM
o,y,cs Sa g. oy g.i,;.ss GSoEsE r,isY :; irs,unn,l
To THE PRESIDENT or THE Nxw YoRK STOCK ExcHAScs-
nh II tn info thut Am uuul,la IN
comply with my contracts very re.psetiay Ep%,Hy ptrxp
.sweil, II that is not cooll' loudly exclaimed gen.
tleman in throng. ''Where is TINS thing going
endyn As no one volunteered to answer the conun-
drum, tho gentleman soothed his RULED temper with
the remark. "Weli, no can tell who will DO tho
next TO 20 over to the majority"
MARBuRY SAYS
Francis \. MarDury. counsel for the Lamont estate,
found his office, Drexel Building, and was very
indignant that his name should have been so freely
used by the newspapers In connection with the
II don't know anything about " he said impatienty.
ut will take some days 10 come to any definite con-
clusion as to the extent the losses You say,
however, that the estate viii not suffer anything
the amount published In the papers; the lowest est
mate in my opinion, is even high. You reporters
think that lawyers ought TO know everything have
been bcsiogcd with visitors making inquiries OF this
nature al day. Ny son just now told reporter that
(my SOM to SIT down to the iacts
this case, from his present knowledge. he would not
know what to say"
.sWhat was the value OF the property placed in Mr.
Piume's keeping rs trustee of the esatef"
''That connot tell you. IL Is better 10 say
about It, Mrs. Lamont is very much patncd at The
stories circulated to-day haven't anything to say
at least not yet Call again, aud Will let you know
II tcc case has taken any now shape"
''Is 1t IN contemplation to sue Mr.. Plume?"
swell, now. 40 you take me Tor fooy" Indignantly
exclaimed Mr. Maroury. .You should ask me
sucn q question as that Supposna we did intend 10
institute legal proceedings, DO think would be
such fool inform you OF the iact aud have you
publish Il, SO that the defendant might DO fore
warned?"
TRUSTEES VIEWS
Francis SIX ddy ono OF the trustees named In the
are mistaken, sir" said Mr.. Skddy II am not
trustee or executor; | failed to qualify. l know
nothing about the affairs OF tho cstatcn
al suppose that you are not sorry now that you
not co-exccutorY'
"wcl. can't say that am sorry. Perhaps If 1
had qualified, though would have saved tho estate.
AS nave said, ! know nothing about the case. |
have teen informed that Mr. Plume has been involved
In financial cmbarrassinens. | am not In their
hdence, and do not know Their Secrets"
MR. PLrdE's STATEMENT.
Mr.. Plume was found at the Clarendon Hotel, look
ing haggard detected His eyes looked moist and
blood d-hot. there was nervous twitchng about the
mouth and studied camness of manner which sug-
strain. II have nothing further TO add" he said
quietly. "rhis Is altogether family matter, and
at loss TO why 1t snoula concern the pubIicn
"W you kindly state, Mr.. Plume what tho
amount OF your ndebtednessY-t Is variously cstima
tcu from $40O, 600 TO 5000, co.,
"Well now, can Z say, really IL certainly is not
hall the hfst D2ure mentioned but u is all rght is
a purely family matter. wish tho papers would
refrain IRON asitatng the subject was surprised
u see so much made abont u in to-day's papers,
"Pernaps II you would make a candid confession as
to your Indebtedness would allay this everish desire
to get tho bottom iacls y
"Well, then, am sure that, roughly calculated, my
Indebtedness will not greatly exceed 100 00U. IN
tend resumInR business soon again and | hope 10
make IL all right Mrs. Lamont herself does not feel
any uneasncss and do not see why others should
Outside OF tins case don't owe 1000, all told
The reporter next calloi at tho Lamont mansion, in
Finh avenue, and was informed that Mr.. Lamont, Jr
not IN.
Friends OF family deny that the case Is being in
vestigated by tho Grand Jury, and they confidently
assert that legal proceedings will be taken, but
that the difficulty viii be hushed up as quietly pos
sbic.
WHAT Is DUE TO THE INMAN LINE,