New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-10-20
LIEN ON HOLLYWOOD.
,oHy HoEY's MORTGAGES AND LEASE FILED
TWO HOURS TOO LATE.
CONSERVATIVES OF THE ADAMS EXPRESS 0o'
wvRE AHEAD OF HIM--HIs ARREST WILL
PROBABLY FoLLow--A STATEMENT FROM


THE pEposED PRESIDENT
what was apparently a race against time tooS
a. Freehold n. J.. yesterday morning III
s.,rsction with the suit instituted by the AoaniS
r-nr,ss Company against its deposed presidenV'
,i. uosv At o'clock representatives OF the
80 comnany filed with the County Clerk at
r-.nhold n lis pendens, q lien on property pcndlng
-. outcome of suit. covering all of Mr.. Hoey's
.,nrsrtv in Monmouth County, with the claim
H. that uroperty had been purchased with money
s.,orc;pg to the Adams Express Company Less
A., ,,vo hours later three documents executed by
,1- uosv were filed in the same office, covering all
"a. valuahle Long Branch property with mortgages
~ - evolve year lease The Adams Express peo-
=. ,ooL on this action of Mr.. Hoeys as an attempt
= o,oce the property beyond the immediate reach
:. ~. company. and it will TO doubt seriously al
,.o, the conduct of the case against MT hoey'
Ind,ed il is altogether probable that an order
%, his arrest in civil suit will be gotten out az
.roa and that even criminal proceedings Will oe
Instituted .,,o
From the tenor OF Mr.. Hoey's letter OF reslgn"'
,,on from the Board Of Managers on Friday, 'i'
officers of the company were inclined TO oeiie.
that he intended to make restitution ana unu'
cattle the case. His action of yesterday Vn''
think. indicates far different frame ol mn :.
The order Of arrest in civil suit wond be Daseo -
issued. on the $1,000 whioa, it is ahe3eu' va
Maid out in the purchase Of the three
express companies, in excess Of thelr 'i"' -
price Criminal proceedings woild -.
mainly on the direct charge OF enio'A1'' I"oso
OF funds collected from the. es'a@ u
c. Babcock the foremr treasurer OF inc oOnp,S
The lis pendens filed by the express OO"rS' 80
being pIor in point Of time, woull H"H' ~
dence over the mortgages ana Iease n'u ~
Hoey The first Of these mor,s@ses 10 ~, ,
600. in favor of Frederick c. Hoey and Michael
oui,k as trustees. Owing 10 the complicated
nature Of Mr. Hoeys real estate transactions II Is
impossible to tell exactly what property the mort
raec covers. beyond Hollywood Park, his costly
country seat. and the Hollywood Hotel and its
cluster of beautiful cottages. The document says
that the mortgage was given TO the two trustees
hecause Mr. Uoey might wish TO borrow money
from the Long Branch Banking Company upon his
nromisorv notes and desired to secure the bank
inc companv and the trustees for any such loans
that might hereafter be made Frederick 4. Hoey
is the Youngest son of John Hoey, and he has for
fbree seasons maragcG the Hollywood Hotel and
its seventeen cottages. Michael Quirk is the
supcrintendent Of Mr. Ioeys property and has
fnll charge Of all The grounds ard buildings In
the absence OF John liOey and Frederick {. Hoey.
For some time Mr. Hoey has kept special ac
count with the Long Branch Banking Company
which Quirlx uses to pay of the workmen at
Hollywood Park.
The second mortgage filed was TO William
Fless. a hquor-dealer at No. AZ Broadway, who
lives at No 81 West Fifty-seventh-st 1t was
for $50. 900, and it named Mr.. Fliess as trustee,
though no mention OF trust was made in the
document.
The third paper filed in behalf of Mr. HOey
was lease Of the Hollywood hotel and cottages
and Hollywood Park to Frederick G. Hoey for a
period of twelve years. BY its terms Frederick
C. Hoey is authorized to conduct the hotel and
cottages. and TO control all the driveways and
streets and the big swimming pools built last
wear by his father Each year. Frederick Z.
Uo.y must pay to his father IS per cent of the
net profits from the property.
There are on file at Freehold about sixty DEEDS
of land conveyed to Mr.. Hoey, and nearly as many
more by which he transferred plots OF all sizes
10 other persons The mortgage now held by the
Adams Express Company was originally given 10
the Guarantee Trust and Safe Deposit Co., OF
Philadelphia 1t is for 100000. The other
mortgages found against the property amount 10
about $4,000.
While John HOey was at breakfast al Del-
monicos yesterday, Deputy Sheriff Stevens served
on him the summons in the suit instituted III
this city to recover the 100000 alleged 10 nave
been paid in excess Of the true value OF the NV
ENGLAND companies Last evening. Root IL Clark,
counsel for Mr.. Hoey, sent out copies Oh his r'U
Ter of resignation from the Board of Managers
II was as follows:
,r. more than foy years faithful service to the
Adam. ESpre-s Company been removed from once
o. president by majority Of the board o managers anu
] an, Informed that large claims arc about 70 DC mauc
sgsn,t behalf "a the company, baseo upon SeNei",
alleged tansactol. have been grossly misrepresehteu
as o. these transactions and prepared TO maintain
and shall maintain the proper time and IN inc proper
the entire propiety and fairness OF my cohuuc. III
regard 20 ali of them. invite Judicial deNihha'on
Of any claims may be asserted against ne in behan
Of the company II the tribunals say that owe
anything 70 the Adams Express Company snail most
eheeriuy pay it. lind myself in the meantime placed IN
position o. antagonism majority Of the board ana 70
the Official Of the company. II is manifest
that under hesc ctcumstaL and during such con-
tFoyesy, properly te part in the deliberations
Of the board, and hereby tender resignation Of the
onice Of manager.
Frederick c. Lovejoy and William B. Dins-
more, the committee appointed to examine into
the condition Of the Adams Express Company, were
busy at the work ali day Yesterday They have
ionnd d al be securities intact, and the officers
tonL,,o.. " oi't tIe property secured ulldtT at
%Schniens ,S against HOey and SpOoner will secure
ue company against loss
,os" neh | a lflonae reporter called at DelmOnicO's
s' M Ii nsh, 70 se' John Hoey, lie was received by
i' iI' noeS son, Frederick G. loey. who said that
sou, S "'ef he was not yet ready 10 say anything
"'.' ms relations with the Express company
As = the MORTGAGES and lease 6j'd Yesterday at
~ ~leenoLl Mr.. hoey said he knew nothing, the
s se%sa, made to him by the reporter being the
IiUina'on tPc hdm ne % had wi, had on the subject
West rtlityseventh-st, the reporter was told that
not be seen. "'' III an" 0'''N
SUI AGAINST HOEY IN TRENTON.
THE COURT Asked TO CONpFr AZ ,-,o,,>,r,>c