The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-04-18
gle. Last week. II. is said. he paid out thou.
sands OF dollars to protect Warmers notes
or the slater emit OF Mr.. Warner made In
Now York Mr.. Yates said: Evory word OF
that statement Is false"

Mr.. Warner said to the reporters who visited
him at the Office Of the Industrial Guaranty
md Mining Company yesterday afternoon and
'!The' story. so for as It says, that I am fuan-
cially embarrassed. is ridiculous. l am the
endorser Of q small amount OF paper, o., Mr.: A..
G. Yates Of Iiochestcr. understand that two
ggi sfSs { q rs $500 bisss,d HsSe Of S sss I RIGlsistfSS; oon s M:
ter and Pittsburgh Railroad Company and is y
heavy coal dealer. Twill protect my end Of
s pss p esssy a. do fhs P I oTS. s'aAa fea'''0
Mr. Werner Va, seen later at the Murray fray
R H6t, MGsslh had M been sspiSts dtSSs them. Hs p prs@
tically repeated his statement Of the, after
noon; NJ Verne packed his grip and ieftthe
For years il, II. Warner and, 4. q. Yates have
been Ia the habit OF endorsing each others
SHD:r; p.q T J h isisnd s.w sna ea assli believe. iHw IH fm1
plicitly In the others business ability and in
II e|ntIy ,n SstS'sSferi IN 1Srg few tS.' bn t%It sssy eu Msse
IL. ii. Warner came to Rochester more than
U ue1SIS synt Of tEncinnsti. He made a good
thing out OF this. and. having saved up some
nssiH sHp,'a and PECAN Began to advertise T. w SaISg.
From this he made y fortune.
,o AS q. , Y y gs,sst aT %. AZ ,hss bss,n syndie M4.
Of the sale. lie was gone for eight months,
VIII With the buyers. When they but the stock on
| the market at. q low figure he bought up
eno siS to , giys hi% were Son faTsed fS i .o.rv@m Ihs
| Since then Mi. Warner has kept a large inter-
of late he has, been investing in many West
| Horseshoe Mining Company. now d%eiunet. lie
yeas YEARS n as os Which RI resulted sui din In the e H,sTIH Of fV tie
| City Bank OF Rochester and the suicide OF Its
iT Mri Yates Ih Is esie Gy'S Known ms President o,
the Buffalo. Rochester. and Pittsburgh Railroad
and as q large dealer In coal He has, how
rious stock companies. md n number OF street
| car iires. To keep up these enterprises. which
s5s .i / H.a ssai bSrsSw es nf Hi pen flie 'Hds's ss Go IL,
his present difficulty, to the ~stringency in thu
m E.nE ., m Monrse. H Ehi Is a e ssSef thS %or To sss
against him and Mr.. Warner;
NJ ss HS,ss s VAS iP Hsjd M;ni NTH d nr; Mn,nsf H. In
the pubic last October. MIR. Warner adSer;
tt Hs H.. ~. ysaI nsF on e1 e.. ss5 enn Tho s sSsT"P stsra
Hillside camp and the Harry Jack claims
part Of this advertisement was that Mr.. War.
divideads on tho entire GOO.oo0 shares Of stoet
for 1--WE years. and II the man who ooueh,
s M6l W. Iiks the sss sn.sa,Sd e t. tn AK sn the o. STOCK tS9 y him.
self MIR Warner advertised tia, he agreed tc
deposit with the Industrial and Mining Guar
stocks OF railroad or Industrial corporations
ito tho amount necessary to provide Tor tht
payment OF all the dividends for five years.
The Guarantee Company was. practically Mr.
Warner aud his associates. being a successol
OF the II. II. Warner Investment Company
This novel feature" advertised Mr.. Wal
ner, while presenting an unusual departure
In mining. enterprises. il warranted by tn,
fact that the value OF the ore already exposed
surveyed. and ready for removal exceeds the
total amount OF dividends guaranteed b!
ST. 900. In addition to this 1t is estimated
that an expenditure of 100000 will disclose
additional ore to the value OF S3.UOO.000 In
formation can be obtained at the Industrial
and Mining Guaranty Company. Al Broad
way"
psny nre warrsE Miller, Arthur q. yates
President. OF the Buffalo. Rochester and lttts
burgh Railroad: J. Clifford Richardson. Prset
dent OF the Chemical National Bank Of st
Louis Fl. Il. Warner. Presid ant OF H. B. War
nsr Il Co. Rochester: John W. Vrooman. onc'
Republican candidate for Lieutenant-Go v
ernor Of New York: u. E. Chase OF the Contra
National Bank OF Rochester. Robert & Hud
speth. nov law Judge Of Hudson county. \. ].
j. Herbert .Jeierla. secretary OF the Whitns.
Glass Works Of Philadelphia. and c. b.. Wise
OF r. d. Crouch 4 Co. OF Chicago. In addition
to the Is per cent guarantee Mr.. Warner ad
vertised: Dividends are expected to largel,
exceed, this amount. and it must te under
antee stock participate in the full earnings o