The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-10-08
ARREST OF A FINANCIER.
B.F. ALLANraEEN FRoA THE FIFTH
AGESCE HOTEL TO Tine TONES.
ne war 80 Rave ssiles - The Lsessts.
BET = Mas .. Des Noi.e- ws.tea 81 500
Rack Allan SAYS There's Ne tnse.

NE wae 90 Rave sailed - the Luessta.
BET Ne. :. Dee Noi.e- wsstea - 500
Rack -Atiss says There's No Csse.
Hubert r. Allan. an Englishman Of smooth
address, is in the Tombs on a charge Of obtain
ing 81 500 under false pretenscs. u. II. Lyons
OF Dies Moines is the complainant. Allan regis
tered At the Fifth Avenue Hotel on Friday as
from Brighton England. presumably. On the
same day Charles =. Benson registered at the
Grand Hotel A. from Burlington. Vt. This is
not the first time that Mr.. Benson and Mr.. Allan
have figured in relations more or less close in
the same city and to Mr.. Adams discontinue.
Allan was arrested on a telegram received by
Inspector Mclaughlin on Friday from the po-
lice Of Dies Moines, saying that lie could be
found at the Fifth Avenue Hotel. and was 10
sail for England on the Lucania on saturday.
Detective Sergeant Trainor arrested him on
Saturday and had him remanded at the Tumbs
yesterday pending the arrival Of = requisiticn.
In court Allan gave his age as "a years. his
residence ss England. and his occupation as I'm
apcier. He said he was the representative of
The Land and Property Investment syndicate
of America" an English concern formed 10 buy
farm mortgages in this country with Offices at
115 and liz Cannon street. London. He de.
nounced his arrest as an attempt TO use the
processes Of the criminal courts az y substitute
for civil action TO recover money. and said that
the money alleged to have been given to hir,
under his misrepresentation had been adj
vanced for the preliminary expenses incident
to the establishment Of the company in London.
He was represented by Eugene Richards of
Janeway, Thatcher 4 Richards OF - William
street. while Mr. Lyons Is represented here by
Mr.. Benson. who did not appear in court, but
put his case in the hands of Wilbur Mcbride of
In the Tombs yesterday afternoon Mir. Allan
told his story as follows: He had been specu-
n nv hn nat sit Tn
Chicago last year to see the Worlds Fair. At
the Auditorium Hotel he made the acquaint-
Des Mones in enterprises similar to his own in
England. Together he said they planned the
early iss. ta al 'G lyons ns VEN reSues uG To
nost the company on the $1,000 which
lyon: sdysnef5 70, sSrsnss;t He nu ,ssled q
such concerns having recently been launched in
the London financial world, the time was not
tanned the Cannon street Offices which he had
opened; After time. he said. Mr.. Benson came
him. Later henson called un him and they dined
and played billiards together. Then Mr.. Benson
us5 Smn n and s"i ,SnS to
began to look up. Allan said he receiving some
three thousand offers o; subscriptions I for the
he paid three months Office rent from
his own pocket. which made f4oo he
OF the Ell improved prospects Receiving no reply,
he says. he closed the Offices in February last.
Soon he came on to this city and stayed y several
Hotel. and then went Ia Omaha to see his friend:
Mr.. ID. c. Stspleton OF the Trans Missouri Land
some disparaging reports about him TO Mr..
Lyons and that the latter. without success.
him. He was just on his way back to England
TO rejoin his wife. Allen says when arrested
He talks fuently and says the money Lyons
,ion; II had good information OF the london
market he said and was able TO give some
friends the benefit Of it ana in that way made
When the substance OF Mr.. Adams story was
repeated TO Mr.. Benson at the Grand Union
talking. II really have nothing to do with this
case" said he. except that sm the Eastern
aS6 at Of o ns seh
which Mr.. ID. b. Lyons Is interested. He tele-
graphed me on Friday at Burlington to come
placed the matter in Mr. McBride's hands"
When asked II he had gone to London at Mr..
Lyons.s request TO investigate Alan's affair. Mr..
DIS MoIsEs. Oct 7:-Lyons gave Allan 81 500.
and the latter started for London TO begin opera
tive Of Lyons to sss what he did He reported
but spending the 81 800 in luxurious idleness.
When Benson finally made himself known
Ailaa had many explanation: about the bad
able delay and futile attempts TO get anything
out of Allan. Benson came hack To America.
ceed 500 in the matter. and that he misreprc-
sented his financial standing and was unable to
secure the confidence of capitalists. Lyons has
learned that Allan would leave New York Sat
West trying Ia organize another syndicate.
Quick work caused the arrest OF Allan just as
he was going on board the steamer; Requisi.ion
cutcheon was sent East after the man. expect
ing to arrive in New York Monday noon.