Evening star. [volume] (Washington, D.C.) 1854-1972, 1885-10-03
The Courts.

EQUITY COURT-Judge RdQner.
Day against Day; leave to file without pay:
taken by r. Damont. Fighter against Fighter;
do. by G. l.. Hine.. Smith against Smith; do. by
Forrest Dayton against 1syton auditors o5 re- e,
Fitzgerald; motion for receiver refused.
CRIMINAL COURT@J,IdgeMdcA,
Yesterday, Henry Lee, assault with intent to
Mukins assault; verdict not guilty. Solomon
COntee, policy; verdict guilty on three counts.
notice of motion for new trial given. Mark
Brown, larceny from the person; verdict guilty,
and sentenced to four years in the Albany PEN
itentiary. Thomas Luckett alias st. Clair
Luckett, house-breaking, guilty, three years.
G0uld's and Vanderbilt's Revenge.
Yesterdays FAILURES IN NEW YORK I'M
PUTED TO THEIR HATRED OF SMITH.
The failures of Heath & Co. and Henry N.
Smith, the big bear operators on the New York
stock exchange, seem to be worse than at first
reported yesterday. The liabilities of Heath &
Co., it is said, cannot fall short of 81 500 900,
and may reach two million. Among their
heaviest creditors is &. P. Morisini, Jay Goulds
confidential friend, whose claim is for $3.50, 900
securities, which, he alleges, he deposited
with the firm merely for safe keeping. He has
attached the property of Heath Co. Among
the otherlarge creditors are JayGOuld $500, 900;
of Low, Hartman 4 Co, and father Of the pres
ent head OF the firm, about S4OO,OOO; Addison
Canlmack, 100000, and William l.. Scott, OF
Erie, Pa, $1,000 In addition TO these, the
firm OF Soutter a. Co., which tailed on Tuesday.
Is said to be Il creditor to the extent of about
Henry n. Smith. The liabilities of Heath &
Co. cannot tall short of $1,SOO,OOO, and may
exceed that sum. The assets, excepting the
claim against Henry N Smith, are unknown.
This claim amounts, it is said, to about
81 ,2OO,OOO. 1t was estimated by good judges
that Mr. Smiths liabilities would not fall be-
low S2,oOO,OOO. His assets are supposed to be
nominal.
1t is generally thought that the whole trouble
was brought about by Smiths operations
smith has been prominent In Wall street af-
fairs for years. He was formerly favorite Of
W. H. Vanderbilt, and was intimately connect
ed with the younger Vanderbilts in the bull
deals Of 1881, whereby the youthful million
aires lost SO heavily. The elder Vanderbilt paid
several million dollars to settle their losses and
in the opinion OF many he has now achieved q
revenge for which he has been awaiting an Op-
pOrtunity ever since, because of Smiths alleged
betrayal OF the young mems interests. This view
Is strengthened by the fact that the stocks of
which Smith was short were largely those con-
trOlled by Mr. Vanderbilt, who has caused them
TO be steadily bulled for some time past. Smith
was during the war senior Of the old firm of
Smith, Gould & Martin, the second partner be-
ing Jay Gould. Since his connection with
Gould was dissolved Smith has carried on his
bold operations independently q rule. His
frequent raids upon the market at times when
Mr.. Gould was interested in sustaining prices
are said to have incurred tor him the enmity of
his former partner and the story goes that
Gould yesterday morning promptly refused to
help Heath & Co. by granting them All extern
sion of time in which to deliver certain stocks
OF which they were short on Smiths account.