The evening world., 1894-05-02
JR. ARRESTED
Another Member of La Montague,
Clarke & Go. Accused.
Warrant Said to Be Out for fCIarke,
Also a Partner.
Spectator David's Fight for His
Lost $4,000.

OF the old stock-brokerage firm Of
La Montague, Clark & Co, now in
liquidation, but two members figure as
having been free from arrest for al
legged irregularities in financial affairs.
Herman Clarke was brought from Chi
cago some time ago charged with wreck
Ing the firm of Hunter, Clarke & Jacobs.
which he Joined after leaving La Mon
I ,gne. Clarke & Co. He is now on
bail awaiting an examination.
Edward La Montague. jr., was arrested
on the floor Of the Stock Exchange yes
terday afternoon on complaint of Flor
ence B. David, a speculator. Of Montreal.
who alleges the crime OF grand larceny
against Montague. The latter secured
bail in $40. 900. his father-in-law, DIR. Rob-
ert Fulton Weir. of 81 West Thirty
third street. offering security. and JUS
tice Taintor. in the Tombs Police Court,
late yesterday afternoon set La Mon
tagne's examination down for tomorrow
morning.
Later in the evening yesterday Elisha
NJ. Fulton. jr., who was a member OF
La Montague, Clarke q Co, was taken
mo custody by Court Officer English
on a warrant for grand larceny issued
by Justice Taintor, The complainant was
thc doONe ndIltu bdNlu.
Mr.. Fulton was taken to Justice, Tain
tors house, and there the magistrate
held special court. ordering him
to furnish $4,000 bonds for a hearing to-
Sarah G. Fulto offered security for Full
ton, tr. in the house III East Twenty
When that hearing is called to-mor-
row. It Is more than likely that Her
man Clarke. will be found among the
defendants charged with grand larceny
S Wss said 81 I 70 nave BEEN ea1'E issued FOR him
yesterday, and to-day Tombs court off,
GERS were looking for him. :.
The only other membe OF the old
firm OF La Montague, Clarke & Co. Is
Wallace b. Smith, and he is unmolested
simply because he is travelling. in the
West. 1t is not thought n action will
Mr. David alleges that the firm of
La Montague. Clarke Geo, while he
was in Europe last Summer. closed out
n Mseat speeaiat fsn't N .7 s go. He le's a ! Is
wiped out Illegally.
Mr.. Montagne's attorney; CharIes ID.
attorney for the Fultons. characterized
the action OF David as an attempt to
force he settlement of what Is a civil
matter, II a court matter at all, in the
criminal courts.
David began a suit against La Mon
tAgne. Clarne & Co. In January last. the
defendants aWyerS sald, Claiming udIn-
ages in $75, 900, which, he avs was due
him as a balance on stock operations.
The firm answered hat the defendant
suffered no damage, as his margins dis
appeared several times over through
steady declines in wheat at the time OF
his operations.
Mr.. La Montagne's lawyer said David
had threatened every member of the
firm with crimina prosecution since the
Institution OF. the civil action.
Broker La Montague Is a ,well-known
club member and man about town.
He rides in the Rockaway Hunt Club
and belongs to the Union, Reform and
Racquet Clubs. His father is Edward
Of r. La Montague & Sons. Beaver
street.
| During the exciting days of the slump
in Cordage stock La Montague. Clarke
& Co. sued for. the ecovery OF a note
OF /. Waterbury & Co. for SIS, 1888. h
latter's defense was that La Montague,
Clarke & Co. a not properly come
into the possession of the note.
The senior Mr.. fulton explained that
he deposited the note for discount, and
1t was AXE IN when due by his firm.
who then sued Waterbury & Co.