New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-11-17

Trust Company, Chemical Bank. Phoenix Bank,
Mechanics Bank, Fourth National Bank, Russell
Sage and the Nassau Bank Of Brooklyn. /,
The loans range from $4,000 to $20,OOO. ana
there is no record of any loan in excess OF tne
latter figure. The original stock in the certill-
Gates, which amounts to 10 per cent OF their iace
value after being raised, is good and can be cor;
lected While the liabilities of the firm are plat
by Mr.. Mills at S35O,000 at the outside the prob
abilities are that the correct estimate aiter a
record OF the exact amount of all the loars nave
been obtained will be in the neighbornoou Oh
$250,000.
The prisoner will he taken to Jefferson Market
Police Court this morning.
DIR. ABBOTT SHOCKED AND GRIEvED.
A Tribune reporter saw the Rev. Lyman Abbott,
pastor of Plymouth Church. last evening at MS
home in Brooklyn DR.. Abbott was greatly sur
prised and grieved at the news Of Smiths guilt.
He said Mr. Smith had been pew-holder ana
member of the church for at least the last SIX
wears, and, he thought a good deal longer, and
had. so far as Dr. Abbott knew, the entire con-
fdence of all the church members who knew him.
II would not have imagined him guilty of any
dishonest practices said Dr. Abbott, and can
only account for it on the ground of some urgent
demand for money owing to adverse speculation
inducing him to seek by dishonest methods to
carry himself over his financial difficulties with
the hope of making reparatio9n IN the future.
member of Plymouth Church, and took great in
terest in the Sunday-schoOl but of late years he
has not been so attentive To religious matters es-
pecally since the death Of his wife, religious
and philanthropic woman, who died not many
months ago. DR.. Abbott stated his intention
of visiting Smith last evening ut Police Head
Quarters il il was possible for him to do so.
Smith has been living in handsome house,
extravagantly furnished, at No. 2l0 Columbia
St. Brooklyn. a Tribune reporter visited the
home last evening, hut Mrs West. Smiths mother.
in-aw refused TO say anything about the matter,
az she entirely Ignorant OF Smiths business
affairs. 1t is said that Smith spent IL good deal
of money on horses.
ing that il was thought advisable not TO say any
thing about the affair, for publication, till me
proper time for its revelation in the courts. MI
Robson is a good deal overcome by the rum Oh
his firm and was not feeling well last evening ~
consequence. He lives in a less pretentious style
than his erring partner at No. SO Garden race.
Brooklyn Nj,
Mr. Smith was president of the Riding and DRY
ing Club Of ErUoklyn. and took great lh'eres,
in the rev clubhouse ut Nanderbilt-aVc anu
Sterling Place He was member OF the OxIora
Club since it's organization in 1880, put was
rarely seen within its walls He. was also secre-
tary of the Homeopathic Hospital. lie is taIi
slim man of abo,t forty.fve years old. and has
lived in Brooklyn for twenty-eight years
d. NJ Morrison, president OF the washington
Trust Company, was astounded when .Glo o. VIC
cannot under any circumstances lose much. ne
added. The firm of Mills, Robeson d smith
owed us loan of $4,000, but we caiied ~
In some time ago We made personal loan 10
Smith on eighty certificates of Illinois stock, put
he has margined up 30 promptly that any oinel-
ence between values is more than compensated.
Even If in this case Smith raised his eight certlf-
Gates to eighty, our loss would only be In the
neighborhOod OF $4,000.