New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-08-14
LEFT A WRECK BEHIND HIN.
no TIDINGS OF GILMAN. THE MISSING
BOSTON MERCHANT.
NO ACCOUNTING EVER RENDERED BY HIM OF
HIS TRUsrs-LIABILITlE OF THE sUfrENDED
FIRM OF GILMAN. CHENEY & co.
fBY TELEGRAPH TO THE Tk!BuSE'

FIRM OF GILMAN, CHENEY CO.
rBr TELEGRAPH TO THE TKiBrNEl
Boston. Aug. l3-The disappearance Of James
F.. Gilman. of the firm of Gilman Cheney & Co.,
commission merchants of this city. has bad look.
lie has caused the suspension of his own iirnl, ana
large sums of money entrusted to him by two es-
tates have not been accounted for. Gilman lctt
here it was supposed, for Baltimore but TINS was
probably not his destination, and he has not nech
heard from since his departure. In 1883 Gilman
was appointed executor of the estate OF william
f. Walker. who, down to the time OF his dcath'
controlled the bean trade of Boston walker lelO
fortune of 81 1000, which was to be controlled
or managed by the missing executor. walker
will directed that his widow, Augusta ousah
Walker should have one-half his estate. one-qrar-
ter WAS to 60 to an only daughter, and the remain
inr one-ouarter was to be held by the testator
widow for William D. Walker, an only son. Gil
man H. is said has not filed N the Probate Court
of Suffolk county inventory OF the estate
which came TO his hand as executor, nor
any account to show what money hes come 10 hib
hands or what he has paid out as executor. mus
the financial condition Of this estate Is unkho"n n'
Mrs. Walker. the widow, did not know of Gil
mans disappearance until yesterday aI'erhooh
Gilman is also said to have held control of the
TO be quite large The father was o.c of the
original organizers OF the firm OF Gilman
Cheney & Co., which was established in 1853
lie also held one other estate in trust. When Mr.
Gilman left town he had with him, 1t Is said
$500 in cash. which he had drawn out from the
firms money on August ?. letter dated New
York was received by the firm from him, In which
he said he WAS going to Baltimore. In his own
name stands a beautiful house of considerable
value in Newtonville. lie left behind him wife
and one child, a daughter, who has reached
wOmanhood.
Gilman lived extravaganty, his ncighbors say.
lie never made any reports on her property TO
Mrs. Walker in the rine years he has had charge
Of the estate. When asked by Mrs. Walker for
a statement, he has always replied. that 3" 1t was
all right" Mrs Walkers faith in him was 80
great that she did not push him for the statement
Mr. Cheney, one of Gilman's partners, was seen
at the Chamber Of Commerce this morning. Mr..
Cheney could not say whether the liabilities OF
the firm were $4,000 or not; lie did not Know
what they were The creditors were mostly in
Boston, he believed. but they were other than the
banks lie had been in partnership with Mt.
Gilman for q good many years ana had
implcit confidence in him They had been IKE
brothen Mr.. Gilman was the financial man of the
concern, and every trust was reposed IN him'
About two weeks ago Mr.. Gilman said TO his
partner that he was going out of town to spend
sunday and that he might be gone day or
two longer on account OF some plans he had
in view Mr.. Cheney said he did not know what
those plans werc and did not ask. although they
had been 20 intimate. lie knew nothing apout
Gilman's private affairs and he did not believe
ANY one else did lie was noticcably silent about
personal matters, and as Mr.. Gilman dld not re-
turn when hc was expected, Mr.. Cheney began to
look into the affairs Of the concern, ana after
q partial examination found th"t uhey r. mert
in such A condition as 10 make an assignment
advisable