The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-03-23
GEN ECKERr's MONEY.
Jay GouId's Ex-BrsEe-s TO bo Arrested for
Not Restoring II.

The rumor reached Wall street yesterday
afternoon that William Bclden. formerly senior
partner OF the firm OF Belden h Co.. Of which
Jay Gould was n special partner. had been ar
rested in suit involving large amount The
rumor grew to include oil the members Of that
firm as well as William Beldon. namely. Henry
Belden, Washington 4. Connor. and jay Gould.
Confirmation was found in the fact that tho
order OF arrest clerk Of the SherifTs Office had
just received an order for the arrest Of William
and Henry Beldcn In n suit brought bv Gen.
Thomas T. Eckert. who until recently wns
President OF the Atlantic and Pacific Telegraph
Company.
Alexander II. Wallis. one OF Gen. Eckert's
lawyers. said last niRht The suit ia n very
simple matter. and the story Is very short. In
July last. when he wes about to leave
for Europe. Gen. Eckert deposited with
Belden & Co. check. for $4,000. /
do not know what bnnk the check
cbac 9rsyn o Sn Tne S nI which
that thoy should draw the money and hold It
subject 70 his order. Gen. Eckcrt claims that it
not TO bo used by Beldcn \ Co., but that the
identical proceeds oi tho check were
to be placed tcgr In bw9nrqYperr arg Kept
Whom Cen E'kert returned from Europe. ho
applied for his money. and II was not forthcQm-
ing. He has been trying to secure it since last
November without success and this morning
lie began suit Tor the recovery Of the money,
charging that the firm OF Delden Go. had con-
verted II TO thoir own use. In such n suit, the
law empowers the Court to issue an
order OF arrest and place tho defendant
under such bail ms in the opinion Of the Court
| will secure his attendance or rrspOns ihity for
| any verdict that may be obtained ngninst him.
| The order Of arrest was granted by Judge Lar
| remore. and includes all tho members OF the
firm Of Bcldon Il Co. The, principal ones we
| are after, however. are william and Henry
| Belden. The suit Is merely for the purpose OF
| using the most effective means to secure Gen.
| Erkert's money. Although other motives are
| rumorCd, and many believe that there is some
| other object, tho TACT Is tnat there is no other
object in view than the recovery OF Gen. Eek
| erts 100000. do not know whether the Sheriff
| has vet arrested the Beldens. Upon inquiry at
| the Shcrif's Office, was informed that another
| order OF arrest on a suit for 100000 had
| been issued against William Beldcn alone.
do not know upon whose suit that
order OF arrest was made ] understand
| tho order was issued by judge Lawrence. |
| nm sure that our proceeding has no reference
10 the fact that jay Gould was a special partner
| ofthe Beldens Il is merely founded upon the
fact that Gen, Eckert made this special deposit
| OF 10000 aud can't get his money back without
| taking these proceedings.
| Mr.. W. T. Connor said that he had not yet
| been served with any notice OF the action but
| he knew that demands Tor money had been
mad" upon tho Bellcns and himself and Mr..
| Gould for money due. but he and tho latter
| were unable to meet tho demand as the Bedens
had taken possession of all the resources OF the
| firms rs the books would show. Ilo anti
| cipated no trouble and declared that IL ho was
wanted he could easily be found.