The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1885-10-23
MORE OF WARDS pEy1L1RY.
Further Developments in h Case of the
New York swindler-Sainpies of His
Book-keepfng-CoL Grant Letter.

tAS
New York Swindler-Salnples of His
Book-keeping-Col. Grants Letter.
In the statement recently made by Ferdi-
Ward, which %purports to be an cN-
posure OF the dealings of that firm and of
the men who made none by them, is some
interesting and new matter. Ward declares
that the 81, 600, 900 which he says w. S.
Warner got out of the firm was, in his
opinion divided among a number OF per-
sons. He says Mr.. Warner in making an
investment and receiving in return therefor
u receipt. would have had that receipt split
up into nine other receipts, each OF which
would be signed by Grant Il Ward. When
these receipts. o. promises to pay, We're re-
turned for payment they would bear the
endorsement or initials of certain parties.
He gives these sample entries OF payments
to some of these persons.
j. McNamee. 1894, $40; Charles Nc
Nance. S59,54n; f. c.. Clark, Sill, $40;
j. H. Work, $34,65O; j. II. Work, $500;
c. P. B.. s77,45o; -Hooker, $1,000; j.,
$500, $50; Joseph S. & Son, S3l, 900; w,
S144.64o; F. B. W., $50, GOO; W. a. III.
$34,650; C.P., $4,000.
p. B.. and F. F. w. are Charles p.
Britton and Frank F. Wood, two OF the
creditors preferred in Wards assignment.
F. W. W., L. C.J-, B.L. II. are F. w. Viii
merting, i. c.. James, and &. L. Herrick.
" 4 20 AcAtb4s ~ Spa - = -
or w. A. ~Parrington-
OF Fred Grant, Ward says taud proudces
Grant S receipts for the securitics) that he
borrowed the securities OF the firm to bor-
row money on, and invested the money
, with theiirm, receiving the fabulous profits
on it, as well as on money otherwise
procured. WSth an intimation that the
contract buiness was not unknown to
some OF his partners, Ward produces
this letter:
New York, May IT, 1SS3.-Dear Fred: l
am going to Philadelphia to-day, to be back
tonight. l have some contract contract
underscored] money coming in tomorrow
and want to reinyest it. Don't forget it.
Yours,
EucK.
Mr.. burlington, who is counsel for the
Grants, said:
Col. Fred kept a minute account OF all his
transactions with the firm, and what Ward
said at the time This shows his losses con
clusiveiy. A short time ago Ward was
claiming that Col. Fred had taken out
%S250,o00. | asked Col. Fred about it, and
received this letter:
COL GRANTS LETTER.
New YORK, Oct. 9, 1Ss5.-Dear Sir:
Your letter asking me about Il ruInor that
Ward has stated that he paidfather S2o6,-
600 in excess of what he t~fathcr) put inthe
firm OF Grant Il Ward, and paid me $3.50
600 in excess OF What | paid deposited
with, or ioared to him tWardl, has been
received. AS to fathers account, | have
only to say that heputin the firm ofGrant
4 Ward $1,000 0 OF his own money, and
deposited there $50, 600 of my mothers
$40, 600 belonging to the fund raised
in Philadelphia to pay for the house
3 East Sixty-sixth street, $4,000 from
sale of the Long Branch cottage built while
father was president, $4,000 from the
sale OF Anglo-American bank stock that
mother had owned some years, and $40.
900 from savings from her income and AL
advances hat father had given herr, and
S15O,00s he had obtained from Mr.. Van.
derbilt.
My iather's expenses were about $1,000
1t month. j 1000 Of which he allowed my
mother for maintaining I leir home, $500
he gave an charity, and $500 he kept for
his own use, but gave most of this away III
presents
My fathers income and profits outside o
the firm of Grant & Ward latter the $3.50,
900 was raised) was greater than the
amount he spent. Father made no ill
vestments while in the firm except those
he left with the firm, and Mr.. Ward haG
charge of the securities.
As for myself, l took from the firm o
Grant & Ward about - less than l put
in. What Ibid take out was paid as prof
its to those whose money l was using. ex,
cept so much as it look to support my
family in Il becoming wav. had SCI ,0ut
when | first knew Mr.. Ward. NOW l owe
100000 through his treachery.
have nearly every check | ever drew il
my life, n full history OF every transaction
l ever entered into. and if anybody wht
has any right to inquire into my affair.
wants to know about any orr all OF my
transactions. my books are open to them
If you see lit to make public my tt;,nsac
tions with Ward, do so-there is nothing
wish to cover UPON the contrary. would
like everything known.
~ have done nothing I am ashamed OF
except that l dealt with such men as FISH
and Ward, and there is nothing | am sorr,
for except the suffering which has beiallei
innocent people through my confidence ii
these men. | was not a member of tn,
firm, but l believe l could have been de
ceived just as my father and brother were
had | been one OF the partners. can trul.
say that | regret that | did not occupy tn,
!, place my father had in this firm, for | be
lieve his disease was brought on and hi
death hastened by the treachery of tlies
!. men. Very truly your friend.
! +. D. GRANT.
, Mr.. burlington said he had crossed GU
the amount lost because Col. Grant hat
mistaken the AMOUNT The money whicl
!, Col. Grant put into the firm was distribut
!, ed as follows:
Col. Graut"..-s57,0 900 Mrs. T. D.. Grant, g .no'
Mrs. Cramer..... 1900 L {. ran n ph'w.5,oo
!, r. b. Madary.. $4,000 -
! Mrs. Corbin..... 25.0ooI Total....-si15,3o o
Ofthis money Madarv got back $4,000
+, and I. S. Grant 50 $500. The loss drovr
Madarv crazy. Col. Grant drew out $15,
0 as profits, leaving a less OF 500, 900.
Mr.. burlington said that Col. Grant
rage at the time OF the failure was some
thing terrible. He did not care for himself
but only for his father. He said: 'Itcos
100000 lives to build up his reputation
r and now it is all undoneh by this scoundrel.'
+ 1t would have gone hard with Ward if Col
Grant had met him. Ward feared this
I and had n powerful deputy sheriff accom-
+, pan him in order to protect him. Ware
was a great coward. When he came to Mr.
F, Purrinstor's Office, soon after the failure
he said, tearfully:
DO you think the colonel willpound me
| deserve to be pounded. This sheriff i
pretty strong and he'll defend me-
81