The Portland daily press., 1890-04-26
SQUANDERED OTHER MEMS THOUSANDS
A Rising Young Lawyer of Salem In
Court as a Criminal.
George q. Ives Confesses That He
Is Guilty of Forgery.
A Career Which Promised Honors
Early Ended In Disgrace.

SALEM, April 25.-The saddest event that
has taken place in Salem for many years oc.
CURED this morning in the arrest and ar
laignment Of George 3. Ives, a prominent
and rising young member Of the Essex Bar,
possessor of a brilliant heritage of legal
acumen and forensic ability from his father,
the late Stephen Bradshaw Ives, ON a com
plant Of the First National Bank of Salem,
charging him with forging and uttering eight
notes to the aggregate amount of $4,000. Mr..
yes pleaded guilty and was ordered to rec
onize in the sum Of $4,000 for his appear
ance before the superior court in May.
The prisoners face was very white, but
otherwise he appeared cool. He has waited
at his elegant home in Chestnut street for
two days for his arrest. When he might
have escaped he refused to leave, saying
that he might as well face the penalty for
his crime. The arrest was made very quiet
ly, Marshal Hart. at the request Of the
bank officers, proceeding to Mr.: Ives's resi-.
dence with the warrant The young
man packed a light grip and then accom-
panied the officer to the court room. The
only persons present were Judge Stafford, the
presiding Justice, one old friend of Mr.. Ives,
the court officers and two or three reporters.
1t was very touching scene, the judge Of
the court, an old friend Of the prisoners
honored father, as well as of the defendant
the self-confessed f0rger, the son Of one of
Salem's oldest families. extending back in
successive generations for more than two
hundred years to the days of the colony;
himself, but recently, with his wife, moving
in the pr0udest circles Of old Salem society,
and residing on the most arist0cratic avenue
of the city. But yesterday their lovely home
was the centre of the highest literary and
musical culture of the city, to be today
plunged in grief 1t Is sufficient to say that
Salem society is inexpressibly shocked.
1t is charged that Ives has forged the
names of Solomon Lincoln and b. +. Fabens
to large amount, probably not less than
$4,000. The forged paper is held as follows;
First National Bank of Salem, SIC, 900; Salem
National Bank, $1,000; Asiatic National
Bank of Salem, 500; National Grand Bank
Of Marblehead, $500, and smaller amounts
in other institutions.
Besides this Ives is said to have converted
to his own use from $1,000 to $4,000 belonging
to the Jonathan Blaney estate at Swamps-
cott. of which he was trustee. His wife's
property, estimated at about 100000, Is also
gone in the general wreck.
Ives has said to his friends that the money
has been spent in extrayagant living, and
that while he has speculated in stocks, he
has not lost any large amounts in that way.
The standing of Mr.. Ives has led the deyel
He is graduate Of Harvard, and had made
quite a reputation as lawyer, and in Janu-
airy last was appointed by District Attorney
Moody as his assistant, performing his du-
ties at the last term Of the superior criminal
court with marked ability. This position he
suddenly resigned the early part of this
week, and since then there have been ugly
rumors afloat, but nothing tangible could be
learned until this morning.
About ten years ago he married Miss Bes
sic Creamer, and has since lived in an ex-
trayagant style, but it does not seem possible
that he could expend so large sums in this
manner. He was on several probate trusts,
but has been induced to resign them, and it
is not thought any other estate than that
mentioned will suffer loss.
George b. Ives this afternoon filed volun-
tary petition in insolvency. He is in the
Salem Jail completely prostrated. 1t is be-
lieyed that at the time of his arrest he con-
templated suicide, but his courage failed
him.