New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-28
4 BROKERS SHOT BY HIS CLIENT.
CHARLES III. PAGE MURDERED Is HIS PHILA.
DELPHIA OFFICE.
RONALD KENNEDY IMPELLED TO TIE DEED BY

RONALD KENNEDY IMPELLED TO TIE DEED BY
| LOSSES IN sToCKS-HE TAKES ITS OWN LIFE.
Philadelphia July 27.-Stock gambling in margins
brought about tragedy today, a result Of which
Charles H. Page, weknown broker, lies dead at his
home. assasSinated by customer, Ronald Kennedy,
who has closed his account with the weapon
that ended the brokers' career. No witnessed
the murder and suicide. The only who could have
thrown any Hight upon the encounter left the onice
where II occurred the murderer entered and half
n minute later all
The Of the crime was in the Offices of T.. d.
Page Bro, bankers and brokers. at No. 1872 South
Tourthst one OF the busiest portions Of the city, The
senior member Of the firm, F.. d. Page absent
in New-York City this morning on business and in
addition to the Junior and only other member of the
firm. Charles II. Page, there present clerk,
+. ID. Hallowel. The latter In weak and sicky
condition from the influence OF the extremely hot
weather Of the last few days.
According the story which lIallowell told after
the shooting, Mr.. Page arrived at the Offices at
quarter OF 10 this morning, and the clerk told him
that he felt badly. Page advised the young man TO
60 upstairs the Of his father, James F.
Page who is now in Europe. and lie down upon a
sofa there. Hallowel did not Immediately comply
with this advice. At fifteen minutes past H. however,
he decided to lie down.
The Page Offices face Fourhst. on the first floor,
and are entered by door directly from the street.
They divided by partitions into three different
compartments In the front room stood Mr. Page near
the window with curtains partly drawn TO keep out
the hot sunlight, reading the reports from ticker with
a pipe in his mouth A low railing separated him
from the door.
Just as IIalowc, walked through the rear door ne
turned his head and coming In by the
front entrance whom he recognized n former Gus
toner, Ronald Kennedy. and continued upstairs. He
gained the room on the second floor and was about
IN, hrnse he yhen q
shots fired in quick succession.
With others tn the building lalloyel rushed down
just IN time TO Mr.. Page gasp his last breath at
the foot OF the stairs. lie had been shot in the
back while attempting to escape, and reached the
rear doorway where he fell and died almost IN
stautE Into the front Office the crowd surgcd, only
to find the murderer Kennedy dead, upon his face
In front of the ticker bullet wound in his head and
his revolver lying beneath him. Nothing could be
done but inform Coroner Asbridge, and the latter at
once took charge OF the place and endcavocd to as
ce tain the cause fr the assSins act The brokers'
wife and child were absent at Cape May, and other
members OF the family also ont OF reach
Hallowel the clerk, who has been eight years
with the firm was the only person whD knew any
thing of the transactions Of the two dead mcn. He
saws that II IS two years since Kennedy first came 0
the Office and began dealing 10 and Is per cent
margins, chiefly In Atchson. For several months
his ventures were profitable and he made from $4,000
denly dropped and Kennedy lost as much as he had
made in about the length Of time Uallowcll
declares that tho firm only bought and sold a.
directed BY Kennedy, who deposited Pennsylvania
Railroad stock collateral. When the Spectator
lost, this was sold 10 cover the margin. The dead
broker always kept Kennedy's accounts, according
TO the clerk, and generally had some difficulty in max
ing his customer understand them even when they
were in his favor.
Hallowell declares that Kennedy out about
even on his For year past he has dropped
into the Office occasionally, sometimes without speaking
to any one and generally examining the ticker lie
was regarded rs n crank Of tho harmless variety, and
had never made any threats. Kennedy's address was
given as No. no North Elcventhst. Inquiry showed
that the murderer had boarded with Miss Austin at
that number for five years. lie was quiet man. hp
pareny sixty five years old. and had told the andady
that he came from New-Oreans, where he was
gagged in the wholesale and retail drygoods business
during the war. He had said that he born In
Canada, and mentioned "A named B. ID. Holmes,
of New-OHeans, his friend search OF his room re
ycaed no letter or Other clew 70 me Inniaeri ma
lady noticed that he seemed somewhat nervous. silo
advised him TO take umbrella TO shield himself from
the sun, but he declared that he intended to I1de
several financial statements from DreAel Co. were
his usual cnstom he left the key lie appeared to DO
in good circumstances and his room bore evidences OF
IL is expected that an examination OF Kcnncdy's ac
counts with the brokers Will be made. iii, body lies
unclaimed at the rooms OF the c0rOneTs undertaken
The senior member OF the Philadelphia firm OF f. d.
Page Brother f.. ID. Page, has been member OF the
New-York Stock Exchange since December 80, 1856
The first reports Of the shooting which reached Wall
reet stated that he lad been the victim, but this was
quickly followed by denial II ascertaned that
1t was c. II. Page bis brother, who Is not member OF
the New York Board. The house has regular cor
respondent here, but has done business with DICK
BROTHERS and Lawrence, Howard Lapsley 4 Co.. Park
inson Burr and other houses with Philadelphia con-
necons. W. NJ. Burr, with Parkinson & Burr at No
So broadway Is a brothern-law OF the dead broker
lie said Yesterday that all he knew Of the murder was
from dispatches which about what had been sent
out by the news agencies. Mr. Burr did not know
who the man Kennedy was, but he thought that he
must BE- insane Mr.. Burr stated that the dead broker
was a quiet gentle man, who would be the last
in the world TO provoke enmites. Mr.. Iaae seldom
visited New York and was not well known here.
w. NJ Burr OF the brokerage firm Of Parkinson d.
Burr Of No. o2 Broadway, Is married to slster OF
Mr.. Page. From him Tribune reporter learned yes
terday afternoon that Mr.. Page born in Phiadei