New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-14
ARRESTS IN TIE GRAIN SHORTAGE CASE.
S. F. SHERMAN AND HIS ASSISTANT CHARGED
WITH GRAND LARCENY AND OTHER


Buffalo Aug 13.-The grain shortage case OF sher-
man Brothers & Co. has assumed a new phase
criminal proceedings having been instituted Edward
c. Hawks. vice president Of the International Ec-
waiting Company. and OF the losers by tae
operations Of sherman Brothers IL Co.. yesterday
appeared before Justice King and out criminal
warrants against Stephen f. sherman, manager of the
Associated Elevators and Edward C. LOveridge, his
assistant. The warrants four In numter One
charged Sherman and Loveridce jointly with grand
larceny in first degree, and the Others charged
stephen +. sherman individually with violations Of
sections G32 and 633 of the Penal Code The
rants were handed to the police, and Sherman was
arrested last evening 1t too late to attempt to
get bail, ani lie WAS locked up night. He
taken to the police court this morning. LOverdgc
arrested and spent the night prisoner at police
headquarters.
Section 632 Of the Penal Code forbds the selling
hypothecatng pledging of property received for
transportation or storage and Section 633 PROVIDES
that bill of iading receipt issued by warehouse
must be cancelled on the redelivery of the prop
erty. Both offences are punishable by a fine OF
%l,OOO or one years Imprisonment, both.
NJ Sherman was aTaigned charge of grand
larceny in the first degree. in having on about
October 3, 1855 stolen and converted to his
221o bushels of wheat. of the value of $1,000 from
the Lake Shore Elevating Company" He pleaded not
guilty and waived examination. lie was then
auagned on charge OF having violated Sections
G32 and 633 Of the Penal Code, in having, ON On
about October s. 1sse, sold and delivered 10 unknown
parties 227O bushels of wheat for which warehouse
receipts had been issued depository and warehouse
man, without cancclling such receipts" a third
charge Was that he had similarly disposed of 1,103
bushels of wheat about September %, and
fourth that he had made similar disposition Of 5000
bushels Of wheat the day. Edward c.
Hawks the complainant in each case. To all
the charges the defendant pleaded not guilty and
waived examination on all Of them. IIe
committed to jail in default of bail
LOveIidge not arTalgned but simply committed
10 jail for further examination
Mr.. HAWKS said this afternoon: "1he elevators
have received large amount of graln warehouse re-
ceipts nave been issued for the amount there is
grain in the elevators 10 satisfy those receipts
There is shortage for which somebody is response
ole, and we are seeking to fix that responsibility"
How about W. III. Sherman
We have nothing TO do with w. II. sherman. Tie
had no control over the elevators lie did not issue
warehouse receipts for the grain which IS missing.
The elevator owners have hold upon him his
employees and no proceedings have been taken against
him them"
II was learned this morning from the best author
ity that Wilson H. Sherman is soJOurnng az Victoria,
Ont
From an official source ii learned that the
total shortage al the different elcvatOis-the Lake
shore the International, and the DakOtaamOunts 10
$4,000. The value Of elevator stock recovered IS
600, so that the net loss to be met by the
more than half. Win fan upon the Lake Shore Elo-
VatOr DrODrietOrS.