New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-12-11
SOME ODD TRANSACTIONS N COTTON
MRS HoUGH's ACCOUNT WITH THE EVEN BROTHERS
AN ATTEMPT AT BRIBERY.

MRS. HOUGHS ACCOUNT WITH THE EVEN BROTHERS
AN ATTEMPT AT BRIBERY.
The Supervisory Committee OF the Cotton Ex-
change have been investigating charges of unbus-
ness-like conduct against the Even Brothers. cot
ton brokers at n 33 Broadcast. A decision
is expected to-day. The case grows ont OF transac-
tions with Mrs. Laura llough of No. 2i5 West
Fourteenth-st c. f. Coddngton. counsel for Mrs.
IIough said last night:
Mrs Hough had done some business with Even
Brothers May. tho profits OF which were PAID to ner
IN July she induced To take o3OOO interest III
liquidation pool to 3e divided IN oep',n.w, up" ,
pool blind pool is in winch the transactions haN
been closed ana II Il no longer subject To fluctuations OF
the market ON October the Even Brothers wrote her
that they needed $1,000 or S2OOO more IloM het 20
protect her interest she demanded statement ana
upon being refused she brought SUIT In the supreme
Court. Even Brothers then made settlement WIN her
Mrs. Iough opened her account on May ~ III cOttOh'
A TRIBUNE reporter found Even Brothers with
their counsel " William l.. Flagg. They were cA-
tremcly anxious to keep the matter from pnblca-
ton and Mr. flagg tried to.brlbe the reporter TO
suppress II. Having ialed IN tlS ne Ihaue to loi-
loving statement:
ON July She to the firm todepo-t $1,000 more on
the account she asked l.wen brother, 10 carry
out tho arrangement she had made with friend ot her -
Mr. Huckley. who was also cusinhlefO o. lhe nIu o
llinckley had agreed that she would allow er S3ouV
to take the place Of $1,000 10 be "ithdlhWn ron po,
he had with the office, he woud guarantee her the 9SOO
profits already accrued ON the share be Ia' she NOT 20
have any risk OF decline on contract III We pool oIo
asked the E@eus II they would take Mr. iihchIey 8
guarantee for $500 TO come To her out ot THIS pool thc
same "a $500 cash margin on her personal account
Hiuckiey agreeing that tnt amount OF cdsh coud De
taken OF the pool Tor her when II Vas To ne closed ia
! Septembcr. The ENens accepted MT ilnchley
| gunra'tce and credicd Mrs. ll0ugh with S3sOu ana
AGAINST II bought cotton for her account When me pool
was closed In september the $500 was transferred
/ from Mr.. Hncklcys account 10 Mrs ion-hS account
Meanwhile the cotton market DECLINED so us Z" snow
considerable loss IN Mr.. hnckleJs account, ana hs the
Ewens believed there would soon be rise IN te harriet
they thought II advisable for Mrs. Oug io make ohri
purchases n order to recover her losses ON Octoutr
T. they her to put IN further margins Lls sue
/ declined To do. on october 20 George :. Terry
bonrlcr ut Mrs. Hough's house demanded statement
| of Nra uough's pool account As he came with no
authority from Mrs HDuyh the Ewens refused 10 give
him any statement. 4 suit was brought ana an IN
formation was laid before the Cotton Exchange. Mrs.
lougls attorney got order requiring an examination
of Twen Hruthors Ina court To avoid this annoy vance
Even BROTHERS settled with Mrs. lOugh I'm the Cotton
Exchange they have pressed for yndicaOn, and nave
no doubt OF an honorable discharge.