New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-12-09
HAS FIELD A BANK ACCOUNT
HIS BROTHER-IN-LAW THINKS HE HAS A
LARGE SUM OF MONEY CONCEALED.

| ORDERS OF ARREST FOR THE MEMBERS OF
| THE SUSPENDED FIRM AGAIN IN THE
sHERIFF's HANDs-RUMoRS OF
FORGERY REVIVED.
Robert f. Dietz, of this city, yesterday placed
| in the hands of Sheriff Schirmer, of Westchester
| County, orders Of arrest in civil suit, to be
, served on Edward VI. Field, David A. Lindey,
John F. Wechers and Herman c. IIiimers, of the
! suspended firm of Field, Lindley, Wiechers & Co..
The complaint says that On June 1s, 1891, the
plaintiff obtained 100000 from the firm, giving
certain stocks collateral security for the loan,
which was to be paid on December IS. On August
the plaintiff obtained an additional loan of
$4,000 from the defendants and gave security
202 shares Of the capital stock of the National
Park Bank. This loan was also to be paid back
in six months from date.
1t was agreed between the parties that the securi
ties were to be held collateral and not to be sold
The plaintiff asserts that the firm never asked
him TO take up the securities, but appropriated
them to their own use and wrongfully converted
them into money. On November %, the plaintiff
rendered the amount due to the defendants, and
demanded the securities, which were refused. The
order of arrest for Edward VI. Field, owing to
his incarceration in the Mount Vernon asylum,
will not be served for the present. Deputy
Sheriff Shaw brought the warrants to this city
last night.
DIR. Charles l.. Lindey, who is Edward NJ.
Fields brother-in-law and also his physician,
says he receives reports from Mount Vernon every
daX so about the brokers' condition. The
reports of late from DR.. Granger have been most
encouraging" said the doctor yesterday. Ed
ward Field DR.. Granger says, is changed man
Sin he has bepn unIa
feel confident that the skilful and experienced
attention he is receiving will ultimately result in
restoring his mind. We intended to have had his
case presented to Judge and jury before this, but
DIR. Granger noticed such a marked improvement
in the patient that he refused to consent to having
him disturbed. trip to the city and return
the doctor said, would probably excite him. and
do him so much harm that all hopes of recovery
would be lost.
DR.. Granger assures me that Mr.. Field has
improved so much that he can without in
jury be asked about the business affairs
of the firm of Field, Lindley, Wiechers
IL Co., and he is of the opinion
that the broker will soon be we'll enough
TO talk nationally about the tangled condition of
the firms affairs, and will also be able to tell
where some or all the money he secured possession
of went to. There certainly must be something
that he had the handling of, and it is my opinion
that he has deposited it in some bank under an
assumed name
One of the peculiar forms of his mania may
have been to secure all the money be could lay
lis hands upon, and put it in place where his
friends and business associates would not know
where it was. DR.. Granger has had several talks
with his patient, and the latter has been most
confidential with him. lie talks nationally about
his business affairs at times and again talks in
rambling manner. The doctor has noted every
thing he has said. and he is OF the opinion that
Edward Field has big bank account concealed
somewhere"
Charles w. Gould, the assignee of the bankrupt
firm, yesterday reiterated the assertion that he had
been unable to prepare statement of the con-
dition of the firm. Enough assets have been Sc
cured to pay off the clerks, and only few are
retained in employment whose aid is deemed desir-
able for the writing up of the accounts
Another case illustrative of Edward VI. Fields
methods was uncovered yesterday. 1t is said that
two called at the office of large corpora
tion short time ago TO learn why they had not
received their usual dividends on stock which they
owned. They were informed that they were not
stockholders, but upon investigation by the vice
president Of the company, who was their personal
friend it was found that their indorsement of
their certificates of stock had been utilized to have
the certificates transferred to Field The women
then said that Field with whom the certificates
had been deposited for safe keeping had induced
them to indorse the stock the ground that he
could not otherwise collect the dividends.
Statements that Edward VI. Field resorted to
forgery revived. Ii is said that after obtain
ing n large time loan mixed cOllaterals the firm
which made the loan discovered that some Of the
certificates were forged. Mr. Field was sent for
once. Mr.. Field complied with the demand, at |
though the loan was not le<illy due.