New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-11-15
FINE TASTE AND BIG DEBTS.
A WARRANT OUT FOR A BOSTON NSUR-
ANCE BROKER.
THE CIRCLE OF THOSE WHO CONTRIBUTED ~
HIS LUXURIOUS FANC1Es NOT SMALL
oNE-A SUIT IN INSOLVENCY LEADS
TO CRIMINAL CHARGE

TO A CRIMINAL CHAhU1@
Boston. Nov. l4.-It will be stated IN Inc
Journal" tomorrow that warrant mas oeen iS'u'u
for the arrest of George H. Binney' insui''ii0o
broker at No 65 Kiby-st., on the charee vi
attaining money under false pretences' oh frioay
last he was indicted by the Grand jury on account
of his alleged transactions WIN une N"tIohai
Rank of the Republic, the GLOBE Nanonal BANK
+be Metropolitan National Bank ana the maverick
. National Bank, of Boston His name has become
familiar TO the public by reason OF the proceed
jnes in the Suffolk County Insolvency Court,
which have been going on for the last six months.
The napers on file there show that on March 20,
1889 he filed voluntary petition in insolvency.
The petition was granted by Judge McKim, and a
first meeting of creditors called for April Q.
On Apri Mr. Binney filed a schedule Of credit
ors From this il appeared that he owed over
sl0O. .0O0 more than half of which was unsecured
This. however did not represent the entire amount
of his Indebtedness, for among the creditors upon
the schedule were many insurance companies in
New.York Columbus, Detroit, Milwaukee and
other cities all unsecured, the amount of Binneys
Indebtedness TO which appeared on the schedule
as not ascertained."
Boston banks figured heavily as unsecured
creditors on promssory notes. Among them were
the Globe National $4,000; the Metropolitan
National, $4,000: the Merchandise National,
$4,000; tile National Bank of the Republic, 81 o.
600; the National City Bank, 81 1000, and the
Maverick National Bank, 100000. The Inter
national Trust Company also figured as a creditor
On loan of s75, 900, secured by fifty shares Of
International stock Among the other heavy Bos-
ton creditors were the following. on mortgage
notes secured by mortgages OH real estate Nelson
S. BARTLETT trustee, S25, 900; George Wisglesworth,
o.,
and Moses Williams, trustees, also figured as
creditors on liability lease, unsecured, to the
amount of $4,000.
Mrs. Binneys affairs were so interviewer with
those of her husband that she, too, was compelled
to go into the Insolvency Court, where proceed
ings are now pending Mr.. and Mrs. Binney were
married in Boston in 1884. 1t is said that after
boarding awhile they took house in Marlborough
ST. The house at No. 275 Marlborough-st. was
built in 1856. Twenty-Five thousand dollars was
borrowed ON building mortgage to build the
house, and later $500, presumably to help fur
nish il. These were the Bartlett and Wigglesworth
mortgages. The property is probably worth from
SAC 900 to $4,000, and is assessed for $4,000.
The house was luXuriously furnished and a large
corps of servants hired. In the summer the
family lived at Nantasket Beach, where they had
a fine residence and lived in great style, keeping
up an unusually fine stable. Just after Mr..
Binneys failure, the horse show was held. and it
was at that time a matter of common gossip in
society that the fine coach, for four six horses.
which attracted so much attention at the eXhi-
biton, had been built to order for Mr. Binney.
Some idea of the extravaganza in which Mr.
Kinney has been indulging can be obtained by
Glance at bill filed in the Insolvency Court by
Messrs Hinman Brothers, PoStofice Square, deal
ers in cigars From this it appears that Mr.. Bin
ney paid for cigars at the rate of 81 25, l6O 81 80,
81 90, 5000, s22O and S27O per thousand his cigar
bill at this house alone aggregating more than
81 i 90 for the five and a half months next PIE
cedng his failure. IL the same way at
the florists and the jewellers. His fond
ness for personal adOrnment is shown by the
fact that between March, 1888, and March, 1889,
he ran up bill with Mcssrs. Hewings " Hollis
dealers in furnishing goods of about $3.50.
Mr.. Bnney is about twenty eight years old,
put has the appearance Of a man of thirty-five
not because of an old worn look, but because
he is stouter than man usually is at twenty
hight He has dark beard and hair
and wears Eyeglasses. lie dresses nicely
but not fashly and his manners quiet and
courteous. His liabilities probably amount TO
sl25, 900, and there are practically no assets.
He is said no have left the city on Sunday night,
and it is known that he was in Philadelphia
late as Monday afternoon on insurance business.