The sun., 1891-06-02
PASTOR YOUNG IN JAIL.
HE ACCEPTED A1,5OO FROM MR..
SCHUJTZE TO INVEST FOR HIM.


he Says Ne Bought Stock In an Electric
Light and Power Company and Can't
Realize, but He Thinks It 1s All Rfxht.
The Rev. Conrad Young, who has been pas
tor Of the Pilgrim Baptist Church In Lincoln
street. Jersey City Heights, for two years and
has been supporting wife and eight children
Oh salary OF 5000 year. Ia prisoner In the
county jail accused OF embezzlement The
charge Is made by william schultze. member
Of bis congregation.
Tho amount involved is 1900. schultze
gave tho money to MIR. Young year ago to
invest for him, and Mr.. Young reported that he
had invested It, Schultze lives at 21 Cliff street.
He is n eluctant complainant. The money did
not belong to him but. he held II In trust
for his three nieces, to be divided between
them whom the youngest one became Of age.
schultze. who Is workinRman, did not know
what to do with the money, and consulted his
pastor. Mr.. Young advised him 10 invest 1t In
como good securities. schultze requested the
pastor to mako tho investment for: him. and
Mr.. Young consented and took the money
Recently one OF Mr.. schultze's nieces got
married. and her husband inquired how his
wife's legacy was invested.
Mr.. schultze could not toll him anything
about II because he Ind no papers or anything
to show for tho money he had given Mr.. Young.
but he said he would ask Mr.. Young about 1t.
Mr.. Schultze bad 30 much confidence IN his
pastor that he did not even take receipt for
the $500.
When Mr.. schultze talked with Mr. Young tho
latter told him the money was all right. Mr..
Schultze was satisfied with Mr.. Young's state
ment. but the husband Of his niece was not.
and he and his wife and two sisters n-law
pressed him to got more detailed statement
from Mr.. Young.
Mr.. schultze had so much confidence in bis
pastor that he was not at all alarmed about
the money until Mr.. Young rendered his res
ignation and announced that he and his family.
were about to remove to Rochester. N. Y.
Then Mr.. schultze demanded the $500 or
some substantial collateral As neither was
forthcoming. Mr.. sohultze. on tho advice OF
LAWYER Max salinger. went before Justice
was arrested. and being unable to furnish
e %ssn sun
reporter saw him. but was In expectation Of
%an Villa m mbsn bsoe dark
shat he rscsSed hs mosey o%
soes spd ssa s ss fshs sna IL
PSysr Ssco%pany q q My My YORK. >. .. -.
soua nos aaa sS EHys the
money with y and bought stock OF this COM
sssment because tho company vas shout
closing contract with with me he, New YORK
y as eX! eeted that 4 large rrostr would
now Il is = good investment. resigned from
the pastora!e Of the church because found y
$50 month. After my resignation had been
Mr.. Schultze demanded his money.
but ~ course / couldn't give 1t 10 him. because
"it is ali right. however. / intend to leave
the ministry and engage in business In
Rochester: My family has already 9one
there. apd I was going in o few days =.
Schaltze since ny family went away: and
Tor the money. but could not give It 10 him.
When sehnltHs asked me to , invest the money
reach OF one OF the heirs. who was a lit.
tie wild. and who he was AFRAID, would
tho men intended to ask to 80 on my bonds
We 70 away on business to-day. but am conf
denf OF being released tonight or tomorrow
morning."