New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-25
CRIMES OF BARTHOLOMEW.
NO SYMPATHY FOR HIM IN THIS CITY.
THE REcErvERsHIP OF TUE PROPERTY OF THn
CHARTER OAK COMPANY IN THIS STATE.

THE REcEIvERsHIP OF Tug PROPERTY OF THA
CHARTER OAK COMPANY IN THIS STATE.
The defalcation of George NJ. Bartholomew
was tho absorbing topic Of conversation In financial
circles yesterday While many Of his acquaintancss
were loah to believe Thursday that his pecuations
had been so large reported and inclined to Offer
excuses Tor his Irregularities yesterday there were no
sympathzors with him and surprise expressed thas
he could have covered up his crimes so long. To show
how extensively Bartholomcw's paper is scattered.
Cyrus w. Field said that he had received several
kilograms from persons In Connecticut and Mas,a-
chusetts stating that they coming New-Yorx to
consult with him en- the subject He failed to under.
stand what object they could have in consulting with
him. since he lttle nothing about Barthoomcws
affairs beyond what ne had learned In casual way
when the charter Oak man asked him for Joan.
General Louis Fitzgerald who was appointed receiver
Of the property OF the Chsrtcr Oak Company 10 this
State by Justice Andrews Of the Supreme Cont on
Thursday, qualified yesterday morning and filed
acceptable bonds in the of $4,000 He apI onted
Charles F. NacIean recelvcrs attorney and at once
Instituted search for property belonging to tie Charter
Oak Company or to Bartholomew.
MY Jurisdiction is confined to this State" he ssids
and have sent out lawyers with attachments to taxa
possession OF any property we can hnd ttannot ~
present give you any idea OF the value OF the Newfork
property CT what disposition Will 10 made OF u. -
Charles L. MacLean said that he would proDaDy hivo
definite Information as to the value OF the properly To-
day.
Green, NewYork attorneys for the Charter Oak COM
pany said that charge that the directors or the COM
had not taken steps TO protect tho policy
holders well founded. As soon as thoo
members OF the board Of directors who had not particle
pated in Bsrtholomew's transactions became aware of
tue extent OF his shortage he said they Instructed
us to take steps Tor the appointment OF re eNer WHO
petent TO take the interests cf tho pOney
holders. Tho name OF General Fitzgerald was sui-
gesed and agreed that lie just tho man tor tho
place."
George S. Studwel, OF the largest policy hollers
in tbs company. has conferred with several p0Ioy-
holders this city with regard TO taking action as
Dody help their interests. says that the question
raised OF those with whom lie has talked 10
whether the property or the company IN THIS Sta'e can
be applied satisfying tLe pocyhodsrs IN this state or
whether il be turned into tine general funi for
paying ali the polcy-hOldcrs In the county. lt ~
believed that the face value or the policies IN THIS Sa.e
is abont $2,OUO,00O.
A. d. Schuyler, OF The Schuyler Electric Light Com.
pauy, learned the exact aiDounb
which his company will lose by ths defalcation Nc
somewhat emit arrassed," he SAID, Du; nave msde
arran genents business and VIII probl-
bly, all right in the end"
the Continental Bank where the iunis OF the con'
pany used IN their New York business were dep0sc -
the story printed Yesterday morning that Ir Barthoo
new drew out SlC5OOO just before he went away WAS
emphatcally denied.
Charles r. Crawford yesterday obtained an atiacties
from Justice il the supreme Court ChahDet
against the property of the company IN ths city, IN
1867 Roe Stephens took poncy III tnc company Ior
since at the rate of SlS3 year. lie assigned me
policy his vile, sarah A. stephens anu she assgueu 10
TO Crawford who alleges that President Barthoomew
left the company lnsovent ana Is "elauilor 10 o
amount OF Sl27,OD0 lie sues for tho slnodut oI tho
| premiums paid the polio les which is Sl53s.
The attorneys Tor the company state that atacnones
taken out 10y creditors only DC elective aler no
| receiver mas Deeu discharged.