Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1891-06-15
THE FRIEDMAN CASE.
The Business House Closed by
the Sheriff.
Two Bills Filed in Chancery That are
Full Of Charges Of Fraud-The
Exact Situation.

Exact Situation.
Deputy.Sheriff Jno. Station closed
the business house Of b. Friedman
Saturday evening on AN injunction
granted by Judge Tyler.
The case is becoming a complicated
one and is creating considerable in
terest in both business and criminal
circles.
IT will be remembered that B.
Friedman is now under bond charged
with obtaining goods under false pre-
lenses, and that his trinl is fixed for
next Friday before Squire Smith.
To get to the bottom of the case ii
is necessary to revert to the bill that
was filed in chancery on June IL by
the +. b. Q. Clothing Company of
New York City against b. Friedman
and l.. Jonas, assignee. This bill
charges that the assignment of b.
Friedman was made to defraud cred
itors. The debts were, it is alleged,
largely exaggerated; that some of
them named in the assignment never
existed and that they are fabrica-
tons. These debts were named, it is
charged, with a view of inducing real
creditors to settle their claims at a
small per cent. and carrying out
these fraudulent intentions they have
named the assets much below their
real value. Upon this ground the F..
B. @. Clothing Company attached
enough Of the stock to cover the
amount due them, which is 81 200.
Now, a second bill has been filed by
the same house, hut it is supplement
ed by other creditors. This bill wants
the business taken out OF the hands OF
l. Jonas and put into the hands of a
court receiver. 1t charges that b.
Friedman went to Nashville and in
duced Jonas to become party to the
fraud by being named as assignee
with the intention Of manipulating
the stock to fraudulent end, SO far as
the creditors are concerned. 1t is
further charged that the debt due
julius Sax ($3, 1850 is a fabrication,
and that no such debt ever existed in
fact. The stock OF goods is valued at
$l4, 900 when the c0mplaintants think
it is worth $4,000, and that this low
valuation was put on them to induce
creditors to settle at a small per cent.
And, it is further charged that this
valuation would be good excuse for
the assignee to dispose of the stock TO
third party at very low figure.
The bill further says that the in
debtedness exceeds $4,000 and that
last March b. Friedman represented
tosome of the complainants that his
stock was worth $l5, 600; that he had
81, 900 in bank and only owed $3, 300.
On the strength OF this statement il
is claimed that the defendant pur
chased large stock of goods with no
intention of paying for them. The
bill further mentions the fact thai
when l.. Jonas represented the stock
at 81 4 900 he was asked if he would
take $4,000 in cash for the same.
This question, it isalleged, was never
answered.
In view of these circumstances, the
compliments ask that the business be
taken out of the hands Of the as
signee and that a court receiver be
appointed. Pending Judge Seay's
decision in the case the injunction
was granted by Judge Tyler Satur-
day evening. The house was closed
on this injunction and there the mat
ter will rest for the present.
l.. Jonas returned from Nashville
this morning and was seen at the
Arlington by & reporter. He says he
will file an answer to the bills of the
+. b. @. Clothing Co., ct ais at once,
and that he has no fears but that the
injunction would be dissolved.