The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-10-21

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Hotel vendome. The men Of the party wt,
Mr.. Fulton. member Of the firm OF La Mon
the supper party being early in July, 1902
Lehman Adams Cooper. promoter Of bushes:
and tbe women weps Della Fox and her nar,cv,
| lar friend. Maize stanley.
From that pight on r., according 70 all Of the
was OF Mszie Stanley. Even when circiine in
his flight after the ruin Of Hunter, Clarke 4
Jacob he returned TO Jersey Gity. registering
ss"L ". Cooper New York, he expressed 4 bai
one regret, and that was that he had harmed
Maize stanley, in his own. opinion, more than
any one else. Cooper, who had been employed
and cotton speculative department, and who
had kept him informed of the condition OF at.
fsirs called upon him At the hotel Hs and
that Clarke had secretly sold. Clarke gave
COOPER = full list q these privileges,
use TO the. Arms assignee. Cooper said
TO Clarke, well, Herman, what do you think
YOU are CLARKE s ap rom naF tSs
table, and looking across the North River at
Manhattan Ma, Island, said; well, I'm a dead
Cooper suggested that Clarke still had friends
IN Chicago. and that he had better 20 there and
live quietly for a while. Clarke, ne suggested
could take residence outside OF the city limits,
and go there In the evenings. after his DAYS
long Eliot norton lawyer and DAT friend len pS ~
statute defining forgery in the third degree
After n study Of this statute and at the sugges
his hight. Of course, accompanied by Mails
stanley and under the assumed name, o6liy-
Rs sPyp sSa h s stanley M0p vent of o
treal, and thence TO Chicago,
In the course OF his flight clarke wrote some
B6hems had been s,sTtied for .'T lair i Sy
his downfall and enforced absence, He could
not help getting into difficulties he said, be-
cause he was born gambler and the opportun-
Sost TOO spo het nothing
to know S1ythpE about books lie pleasantly
characterization Recorder Smyth, with evident
enjoyment, got Clarke to define thoroughly for
the benefit OF the Jury, and that he would like
nothing better than to have Hunter up dark
When Clarke was a member OF La Montague
Clarke among his customers was Richard A.
Garfield, who enjoyed the reputation OF being
very active promoter of the green table variety
not entirely ON account Of the fact thpt saB
pCrna servers from the Lexow committee have
been indqstriously tracking him for several
weeks. When the crisis In the affairs of
La Montague & Clarke came there was an un-
adjusted balance, in Mr. Canield's favor Of
cash. very handsomely written promissory
note, signed by Clarke and endorsed by Mr.;
still owns seat in the Stock Exchange.
One Of Mr. Clarke's first acts after Hunter;
upon Mr. GSnsd snd tell nm that l." 40 Mon
tagne 4 Clarke having no further claim upon
his account. hc had transferred it to Hunter.
for the old 10000 note, made by himself and
endorsed by Mr.. L3montagne and substituted
Hunter. Clarke & Jacob: He put the endorse
.ssns tho ssNs s51Ds 81 nn,sr %na s
cob TO his binding them IN an equal
OF the SEQ 600 obligation. conracted long before
he became their partner and Wall street men
tor. Consequently, when Assignee John Hun
ter. Jr.. found the old Garfield note in cnvel-
ope in the safe OF Hunter. Clarke Il Jacob. sealed
and endorsed in ,Clarkc's own handwriting
naernr for Mr. Cnned that r
Garfield had surrendered the old note for the
MIR. Garfield began a suit for a recovery upon
the note endorsed by Hunter, Clarke Il Jacob,
Thsn he ont resp pS
and took back his old note. secured by the en-
But this. was all after the failure of Hunter,
Clarke q Jacob. and up 70 the time Of the fail:
motsr Of sports. and Herman Clarke, promoter
chat his f friend Garfield after he S SS
tanned the new note In The place of the old be-
hss h You'd Gs oS BE-
let on any ser in Wall street that
which he issued under the i firm name p was in
SSS share: Of whskSy which h9 ,S los;
Hunter, Clarke q Jacob, under the privilege.
he instructed the book keeper, Clinton g. Daniel.
A. c." meaning his particular friend. MIR; Can
field. Them he said. 1t occurred to him that 1t
with Garfield, and so he concluded to direct the
bookkeeper 70 charge the transaction to " No. i
AT that time the ledger was nearly full OF the
speculative accounts OF the members of the
advdns assoSst ony
with one other member OF the firm. to the ex-
c,psion Of the third Joint account embracing
hal final and imposing joint account for
speculation only. Indeed, as the bookkeeper
or course, the members OF the firm did not put
up margin In any OF their accounts and, there
fore, they had the great advantage Of specu-
lating, not only without margin. but without
interest and commission charges. Whenever
OF the accounts check drawn on either an in
dividual partners bank account or the firms
bank account was credited against the debit.
ence OF No. Account" and asked Clarke whose
account It was. Clarke said that II was an ac-
firm. having offices on the same floor with Hun
ter, Clarke q Jacob; IL appears not TO have
about, forty, feet from their own ONCE
to the ottics o. GoIpsel Ina Day
manager Of the firm, which has its headquarters
in Chicago, about mo. Account" So, from
the latter part OF NGven nsi When Slsr K
Clarkes forced him into the side-show business
OF secret speculation IN privileges, until March
Z, when Hunter, Clarke 4 Jacob went into
bankruptcy. Clarke continued 10 conceal his
secret speculations according 10 the evidence,
by entries In - No. Account" After the fail
ure OF the firm, and when Clarke was fleeing
with Maize Stanley from the wrath 10 come, II
was ascertained by Assignee John Hunter that
Counselman bay knew nothing whatever OF
No Account"
Recorder Smyth will submit to the jury to-
morrow the question OF ClRrke's guilt or innO-
cence on the charge contained in the indictment
against him. and Il Is believed to DO extremely
likely that again will " Bohemia be started for
fair" by the conviction OF Clarke, involving i'm
prisOnment in State prison at hard labor for
hve years.
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