Waterbury evening Democrat., 1891-12-01
WARRANTS FOR ALL
Orders of Arrest Issued for
Field, Lindley & Co.
ENLIGHTENMENT AND FORGERY.
The Biggest Wall Street sensa ion Since
Grant and Ward Failed.

Liabilities OF the Defunct Firm Will Run
Into the Millions, and the Assets nre
But SSO0-Cyrus W. Fields Pi liable
Condition His Son Not in blooming.
dale Asylum-Employes Will Suffer.
NEW York, Dec. 1.-Justice Pratt of
the Supreme Court of Kings County is
sued attachments and orders of arrest
yesterday against all the partners of the
firm of Field, Lindley, Wiechers g. Co.
The orders were granted upon the ap.
plication OF Lawyer F. A. Ward, repre-
senting H. e. Dietz, one of the credit
ors, whose claim against the company
is $95, 600 The papers in the case were
sent to tie sheriff of the county for ser
vice. Boil in each case is fixed at
Genera fraud, hypothecatiou and re-
hypotheqation of secu rites, embezzle-
ment and forgery are on each page of the
incomplete history of the failure of the
house. Not since Grant & Ward were
caught Id the financial maelstrom has
Wall street had such a sensation to dis
cuss. Efery one is in the dark, COM
parativelg speaking, as to the amour
of liabilities of the bankrupt firm, but
the obligations are heavy. too heavy, in
Il low AOE NY W. w AAA0AOd1O
with his large remnant of a once ire
mend aus fortune.
There Is no doubt that thealiabilities
will run into the millions. The visible
cash assets are $500, which amount is in
| the assigaee's hands. This money was
paid to him yesterday by a brok er
against whom Field, Lindley & Co. had
/ a claim. Although the house did a
banking business, the books do not sh DIV
u Ill
All the old employees are busy at the
books, and it Will be several days be
fore any accurats estimate of the firm s
| standing can be given. All these EN-
| ployes are severely hurt by the failu e.
| Salaries have been owing for mo lths
| and the savings of many of the men
have gone by the board. Edward NJ.
1 Field induced them to keep their &C.
| counts with the house. HIS had no N ore
consideration for them than for veal thy
customers like the Union Pacific Rail
road Company.
| Cyrus w. Fields physician said tn.
morning that his patient rested easily
last night but he is still greatly pros
trated and his bodily weakness is more
| perceptible. Strict quiet is most neces-
| sary
Charles W. Gould, assignee of Field
Lindley, Wiechers & Co., said this morn
] ing 10 reporter Inat Cne report was no.
true that Edward NJ. Field, the insane
member Of the bankrupt firm, was il
Bloomingdale Asylum, but he was prob
ably in some private asylum, as he (Mr
/ Gould) understood on Sat urday that II
had not been determined to place Mr..
Field in a private asylum that day.
Mr.. Gould admits there have been
crooked transactions, but attributes it
all to Mr.. Field, and says he feels conf
dent that his partners knew nothing of
it. Nj. Gould said that thus far he
had found but $500 worth of assets. H e
1 did not know anything of a conference
of the Field family, but thought it blu
natural that Cyrus w. Field should as.
sist his son in the present extremity
I Mr. Gould said he did not believe tn
failure was enormously large, but he
l could give no idea of what the itbili-
4 ties were.