New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-06-10
ALBERT WEBER IN TROUBLE.
AN ATTACHMENT AGAINST HIS PROPERTY.
THE ESTATE OF THE LATE ALBERT WEBER UNIM-
PAIRED-How THE YOUNG MAN SPENT HIS
MONEY,

ihE OF THE LATE WhnEh cA''-"
PAIRED-How THE YOUNG MAN SPENT HIS
MONEY.
Justice Donohue, in the Supreme Court,
Chambers yesterday granted writ Of attachment In
favor OF Edbeto Giro against the property Of Albert
Weber The attachment granted in an action
| brought to recover $4,000 money which the
plaintin alleges he deposited with Mr.
Weber IN January last not to be used
In Mr. Webers business and to be paid back demand
In February Mr. Giro asked Mr.. Weber to pay the
money. Mr.. Weber did pay it, but gave Mr.. Giro
draft for $1,000 bank In San Francisco The draft
was not honored when presented for payment On Fri
day Mr. Giro went to Mr.. Weber, who told him that he
was embarrassed and nsolyent that he hadost 900
In stock speculation. He gave Mr.. Giro however,
check for $500 the Madison
Square Bank. Yesterday Mr.. Giro presented the
check but was told that Mr. Weber had closed his ac
count Mr. Giro, it is alleged then went to Mr. weber's
warerooms In Flfth-aye, where he found that pianos
and other articles were being removed in carts. The
goods did not have marks indicating their destlna
tion. Mr. Giro, therefore, charges that MI Weber is
attempting to remove his property with intent to deraud
his creditors
In tho afternoon Assistant Undcr-sherif d. E. Finn
went to the warehouse in Fthsve to the writ OF
attachment, but the counsel of Mr.. Weber aud A. p
Hggns OF tho OF the being sent for
they persuaded Mr.. Finn that he could not attach the
property, 1t belonged to the estate and not TO Mr.
Weber Individually.
WHAT Mr.. HIGGINS SAYS
Albion p. Higgins OF the trustees for the estate
denied that the r nsolvent, and stated that the
piano and factory the property OF the
estate of the late Albert Weber ana not the sole
property of the defendant in the suit In
regard to the charge that pianos and other articles
being removed without any indication OF their destina
tiOn. he said 1t absolutely false. There has been
attempt he added, TO remove any article OF prop
ery belonging to the estate with intent deraud cred
itors. We perfectly solvent and capable OF paying
Indebtedness. The personal transactions of Mr.
Weber, Of course, We are not sufficiently
cognizant OF speak with any authority
on the subject, but It is foolish because Mr..
Weber mar be embarrassed to conclude that the firm is
insolvent."
Mr.. Higgins afterward showed reporter Of THE TRIB
a copy OF Mr. Webers will In which the active and
consulting trustees named. The active trustees
Ferdinand Mayer, for many years employed
head salesman In the firm, and now the
manager OF the Chicago branch Of the FIRM Albert
Weber and Mr. Higgins. Mrs. Weber and Frederick T.
Weber, brother Of the deceased man, the consult
ing trustees, and they 20 have
voice In the management Of the estate only when
there IL n disagreement between tho active trustees.
Z" The trustees appointed" Mr.. Higgins said, Ito
carry the estate until the debts and legacies
paid, aud the residue TO Albert. We thought
It will probably take four years longer. and Mr. Weber
has been dead four years.
what relation has Albert maintained 10 the firm :"
lie has been engaged at salary OF - OOO and has
done considerable work in the Office lie ia very bright
been living beyon his salary A. understand IT, he has
been borrowing money from persona friends represent
Ing 10 them that he 20 come into possession
of his estate but the truth i, he IA no nearer
father died II the wish OF AberPs father that the
businesi should be continued nnder the old name OF
Abert Weber and 30 Albert has been recognized by the
public as the head man. think that was mistake All
the money deposited In the bank credited TO the estate
OF Albert Weber and all checks have TO be Endorsed by
me. All drawn In the OF the estate OF
Aber, Weber ami hsv be countersigned by me. In
fact AL papers relating TO the business OF tho firm are
aligned by me-"
IAwYER's STATEMENT.
Mr. Lydccker, OF the law firm OF Rcdheld Hall &
Lydecker. counsel for MIR. Weber and the estate
OF the late Albert Weber denied that the firm in
solvent. lie said that Mr. Webcrs transactions with Mr.
Giro had Whatever 10 any business Of the
firm and that auy statement that pianos being
lawfully removed absurd. He could not give any
authoritative the reported specu
laons OF Mr. Weber but he said be inclined to dis
credit such story. emphatic in asserting that
The piano tho property of the estate OF
the late Albert Weber and were not subject To writ
Of attachment for the personal embarrassnents OF Mr.
Weber.
MI. GRo's SIDE OF THE STORY
Mr.. Giro, who the neighborhood OF webers
December Mr.. Weber and l. in company with few other
gentlemenl whose names l do not care to mention,
formed mining syndicate. Mr.. Weber
appointed treasurer. put In $1,000
and supposed TO travel for the
company. When got TO san Francisco | needed money
Weber lie sent draft for 81 800 bank IN San
Francisco which was not honored when presented for
payment. La,t Friday again pressed my claim upon
him personally and he told me he was financially EN-
barra aud nsoycnt and that he Gad lost 100000 IN
EueCulltiODa.
partial payment check for 5000 on the Madison
informed that Mr. Weber had closed HIS account There
waA unmistakab!e evidence, when visited the ware
rooms yesterday, that pianos were being hastily re-
moved without any apparent ndicatlonas usually the
case OF their Destination
TALK WITH MR.. WEBER.
At late hour last evening Mr. Weber was at his
house. No. 80 West Ninetocnth-st. lie was evidently
excited but he talked freely about his trouble with Mr..
Giro.
In the first place." he said "let me say that the es
tate perfectly solvent II never IN better
diton aud the business has been paying from $4,000
TO 1928 900 year since the created There
are three trustees-Albion p. Higgins Ferdinand
Mayer and myself Mr. Mayer has been for
many yelrs manager OF our branch house In
Chicago lie is now In Europe-gone TO get rest. The
tied up that the prohts can't be divided until
certain payments made. They amount to $300oO0
In all simply been drawing salary Tho debts
of tho estate are ono thing and my per-
sonal debts are another. Mr.. Giro has
nothing TO do with the estate. l have always
been particular. in my outside business speculatlons
to let people know that II Albert Weber that was
making any promise guarantee. have made good
deal OF money speculaons and lost good DEAL
too But never speculated In Wall Street. Why last
year might have made 100000 on oil IL was thrown
at me at AZ cents and 1 travelling through the Oil
regfons You know what the price Is now But didn't
60 intolt.
"Now, about Giro" Mr.. Weber went on "He came
to IN January last and solicited me to go into MIN
ing scheme In Mexico. We organized the InterContin
entail silver Mining Company OF Mexico, under the laws
ofNow.York, with a capital OF 81 100000 We made an
agreement by which Giro wac to put In $1,000 and
81 900. He paid over to as treasurer $3.50 In
receind I'LL. aud 81 60O In cash for hs share. In