New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-18
ppAw1. OVER A STOCK PRIVILEGE.

A BRAWL OVER A STOCK PRIVILEGE.
TWO BROKERS DANDY STRONG EPiTHETs-A Nio-
IRNr KICK FROM THE REAR FOLLOWED By AR
REST ON A CHARGE OF ASSAULT
The stock brokerage firm OF William Heath q 90,
No. 10 Eroadst some time ago bought lot customer
S. This privilege, which was purchased OF put
and calp broker for 81 800. bad been issued by
Harvey Kennedy. No. Broad-st;' and ha s;1 SHY KY
PRED last Sunday. and, by one of the bylaws or
The Stock Exchange, the contract expired on the
preceding day. Erie oo new second ono co cOaso,s
at that figure showed a difference IN favor of the
buyer of 1877 so. BY the oversight of g bookkeeper
William Heath a. Co. did not call the bonds on
SATURDAY, but early Monday morning the contract
was presented to Mr.. Kennedy who refused to De
bound by it. Charles f. Quincy of William Heath
ing the neglect to call the bonds on Saturday.
urged him to deliver them then. as the firm would
be held for the difference by its Gnstomer ME- Hen
nedy refused 10 admit any Liability under the con-
tract, but fually agreed to leave the question 10
Russell Sage. . A.
The bockkeeper McCanless at once went to Mr.
that he should deliver the bonds: When TINS opn,
ion was made known to Mr.. Kennedy he replied
9sS be Ta4sS and av"s the follow
ing memorandum, asked MI sage ior ms signature
II this contract was between william Heath q CO. o.
and myself under the circumstances as Represented "
me, would deliver the bonds.
To this Mr. Sage added in his writing:
make q distinction to weknown houss from
active dealers.
The corrected paper bears Mr.; Sage's signature
and the date August 10, 1850. Before 1t was pre-,
sented to Mr.. Kennedy he had seen Nlr. sage ana
asked if under the contract there could be any cain
upon him. To this inquiry Mr.. Sage Is said TO have
repied:
When Mr. Quincy and his bookkeeper again Wis
tied Mr. Kennedv's office with the written opinion
of Mr. Sage. Mr.. Kennedy again refused TO denver
the bonds. An angry discussion Resulted
and in the heat of the moment vigorous
epithets were flung about by the excited DroSers.
Mr.. Ouincey, with McCanless turned to leave the
Office and as he stepped into the street received
a heavy kick from Mr. Kennedy, who had followed
them NJ Quincy SAID Yesterday that the assault
was not committed until he had lett the Office MI
Kennedy declared that as soon as Mr.. Quincy had
called him q liar he had started on run Tor the
door
Upon the complaint of MIR. Quincy warrant
was issued by Justice Smith. OF the loiubs romeo
Court for the arrest of Mr.. Kennedy on charge OF
assault and battery. The arrest was made yester-
day about / y. M, ana was VII
messed by many brokers, who left the
Board for the purpose. The prisoner
was taken before Justice Smith, VINO released MT.
Kennedy on his own recognizance The eXdDiina,
ton was set down for tomorrow. The arrest ana
the circumstances leading to it were the
snbect OF conversation among Stockholders
Yesterday Both Mr.. Kennedy and MI. Quincy
are members of the Stock Exchange, bnt the ques-
ton cannot be brought before the Arbitration COm-
mit:ee of the board because privileges are not rec
ognizcd by it. 1t is said to he probable, however,
tat the quarrel will result i'll law suits for Doth
men arc very much cufaged.