New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-07-18
MISSING CASHIER SEYMOUR
ARNOLD, CONSTABLE & CO.'S DISCOVERIES.
H. c. PEDDEEs CONNECTION WITH THE FIRM sew
EEEl-Lun EIRM.s CnNELpENrE N s.YMnrR.

/ II. c. PEDDEEs CONNECTION WITH THE FIRM SEW
ERED-IHE FIRMS CoNFIDESCE N SEYMOUR.
II was learned yesterday, in connection with tbs
affairs Of Arnold, Constable & o., that not only
I Herbert seymour the cashier but II. c. Pedder,
aso. had severed his connection th the firm Mr..
/ Peddcr was at his homo In Lleweiyn Park, West
/ Orange snd was there seen by a TRIBUNE reporter.
lie declined 10 speak further the subject of the
! frauds, and intimated that there was an under
alduc between all concerned that nothing should
| be made public.
There were rumors that Mr. Pedier hal trans
fcrred his property at Llewellyn Park 10 Arnold,
/ Constable Il Co. The deed is said 70 have been
executed on Monday, the day on which Mr.. Pedder
arrived from Europe The place. rs has already
been mentioned, is considered tha finest private
residence in the Park. and enthusiastic admirers Of
its architecture and decorations have described it
"a the finest house in New-Jer-ey. II wcs
built about two years ago and since then improve
ments have been added. A wing containing a Ill
lard room and other apartments was building Will.
/ Mr. Ped1er absent in Europe. Mr. Peddef
bought the Land and erected house 10 suit his
cultivated taste. n is in good Queen Anne style
and fine interior finish is Of lne hard wood'-rose-
wood. ebony, mahogany. cherry AMI oak single
mantopicres are sad to hsye cost $1,000
An estimate made IN Orange Yesterday
/ placed tho value of tho property
At 1900 600 II was generally believed in Orange
! that Mt reddet was meuihcr of tho him ~
Arnold. Constbe 4 Co., and that he had t'solyed
TO have tho finest hnue ia tho vicinity, lla began
his career ia tho housa As entity eletA about htnso
| Yoara on a salary of 5000
WHERE Is MH, stfNuuRf
Herbert Seymour could not be found nor were
evidences discernablo that he had gone 10 Europe,
as he announced 10 Ei, friends previous 10 his
! hastY disappearance last week. About ths
timd that lie came IN from his country
! home and put his Brooklyn house IN order for his
departure no wrote a letter to the secretary of the
! Philharmonic Society, of Brooklyn, resigning his
position IN the Board of Directors, the alleged
ground that his business would require him In the
future to live in Europe. lie man of tenn
perate habits aud domestic disposition, and there
is said to have been nothing in his mode of life in
BROOKLYN to indicate an extrayagant use Of money.
| He was extremely fond of music and was hard
working member Of the Board Of Directors of the
| association. which gave musical festival IN the
7th Regiment Armory in May. 1892 under the d.
rection Of Theodore Thomas. The zeal and enthu-
siasm which be displayed in the onerous work
! devolved on him then led his co-workers from
Brooklyn to give him place in the Philharmonic
! board He is still comparatively young man,
being between thirty and forty years of age. Fog
| many years be occupied position OF trust and
responsibility N the nrm hg 6as lust iSit ana Vas
! deed, outside of the busipess, Mr. seymour was
warnly regarded BY Richard Arnold one Of the senior
! partners who took great interest IN sthe young
! man and reposed implicit confidence In him. Tie
| lived in brOwnstone house IN Lincoln ace, near
Prospect Park Brooklyn, bpt last ye%P be built tor
! himself a pretty country house at Ronkon kolna,
! about fifty miles from Nev-lo ork on the main line
of the Long Island RAILROAD. 80 pretty was this
! country seat that the elder Nh Arnold asked nr.
Seymour tol introduce him 20 his architect, IN ordef
that he ght have sketches made fora similar place.
One of Mr. Seymours intimate friends SAID yester'
believe this matter will prove easy of explana.
tion, and Seymour VIII be proved 70 ne gulltess o.
! al bad faith. Doubtless he was short Of money
while building bis new house and oyer-drew his 40
! count with the firm"
WHAT IS SAID BY THE FIRM.
Richard Arnold sailed for Europe with his wife in
the America on Wednesday. Mrs. Arnold is in pooI
health, and the voyage was undertaken for her
benefit Frederick A. Constable one Of the junior
members Of the house, seen yesterday by TRr
BUNE reporter. ave hayo resolved said be, re-
plying to the reporter. to say nothing whateyer
about this matter We look at matters perhaps
from our own and peculiar point Of Wow. but va
fail to see how any end can be Served by our making
any statement at the present tine. we have
nothing to deny IN the story pub >h"d no IHE lR,
BUNE to-day neither have We any thiu- 10 assert.
" is It likely that any decisive action VIII 30
taken soon T.
That cannot say"
MIR Pedder stated yesterday that bis relations
with the firm we're ynSEansgd Is t1at go[Lef'
commit my self one way another upon that point,
Let II 20 At that, If lie SAID IT,
- II las been said by the friends of )lr. seymour
that violent ssensons IN tho nrm have taken place
lately aud th3t he was made the scapegoat"
g NJ Sevmour'- friends may say what they please.
We are perfectly Indifferent 10 L. caI. showeYer,
nostlvoiv DENY that greeneuts have ever ARISEN
between the members OF tbi. firm } hr seymour
matter n "A comparatively trl1lng affair."
." A friend ot Mr. Pedder. however, makes ths
assertion"
@poabtcss I can only say this. sir that ,ws
sent tErm both away for reasons which We think
better ~ keep 10 ourselves ,.,,
- hen Mr. pedder u not here any ong"rF
NO, sir hc j. not ,,
Mr. Constable was exceedingly courteous IN nus
manner throughout the interview. and manitestoa
mo- suuola ance at what had been published by lis
TRBUSE about the matter
MIR. PEDDER AND TIE MANHArrAN.t
william Henry Forman, Editor Of Tie HdnhdHdn,
said in reply TO the inquiries of lElB NE reportef
that he hld heard nothing whioh would lead hln to
suspect that Mr.. pedder's relations with the. firm
which employed him were at all embarrassed. Ou
May 10 Mr Poddor sailed for Europe. and lac re-
turned Oh last Monday. Mr. Forman bad not seen
him since his return, but had merely sent him his
congratulations aud some copies oi Tie AdhAdHea.
How much of the capital sto * of Ih HdRhGudH
does lir pedder own - the reporter asked.
a. The Manhattan has capital ~ TlooooP, ana OF
that Mr. Prdder contributed trine NOR" thth ono
unlt but | do not think the magazine would bo eur
barrassed II he withdrew that amount ht othsr
stock holders are wealthy men, and WouId Dee likely
10 lend additional help II necessary. on course Inc
u1yaat'an is not yet paying expense; but II 70
being 80 we'll received that Ne confidently eKpect
that IL will soon do that and then b'sin To pay
pIoht'