The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-10-21
HERMAN CLARKESCAREER.
man ROLLER Nv DoHEMIA, sPEcC-
t,ToR nv WiLL STREET.


--------
racer Yoaas Broh ~ Nsy Come "a
..y,.,,cme Keeps Three Domestic E.tnb.
,,..-.,,. .-d HIS costly Ts.tes-Ci.rke
So. $4,000 IN the SIX Mo.ths Hir
r.. I..t.a-usd Made $4,000 Tear
u,. I,c-,s.t,on for Mnsis sta,iey.
,,rnrI.ing tale Of proninacy has developed,
.har,er by chapter and accident by incident,
furinp the past week in the trial in the Cen
sral Sessions Of HERNIA an Clarke for forgery In
the third degree In causing the books OF
iJunter Clarke & Jacob. q stock brokerage
Arm Of which he was member to I've fasifled.
Tbe felsincation was done. a. alleged by
Assistant District Attorney Davis, TO blind
Ciarte's mariners TO his speculation in prvi-
ieQes for his own profit. The firm failed on
March Z, and made an assignment to John
Hunter, Jr. lawyer, brother OF Frank X
Hunter Of the firm 1t was tide Of outstand-
Ing privileges. sold secretly by Clarke, that,
flowing in upon the firm suddenly, swept 1t out
NJ existence. Clarke had fed three days In adj
vance to the Hot Springs OF North Carolina, ac-
commanded by Maize Stanley, an actress who
had inspired him with a rulnous infatuation.
The firm Of Hunter, Clarke & Jacob had q
abort and in the main. merry career. IL was
composed Of three young club men OF the costli-
ent tastes. Clarke had been a member OF the
hiuh.rolling firm o: La Montague & Clarke.
stock brokers, aud upon tho lordly In
home derived from the firm had been
altar OF Bohemia. Ho kept q steam yacht
In commission Tost OF the year, an
establishment at Eand's Point, l.. l., where he
lived with his wife anl o-year.oli boy in a
aumptuous STYLE. and several other establish
mont. In this city, whete he lived as sumptu-
oualv AZ he said, nonchalantly, In his cross
examination by Assistant District Attorney Da-
tis there were three Mrs. Clarkes in existence
A. one time He could no, recall any others.
One woman called herself Mrs. Clarke by right,
he said because she WA his wife; another
woman Ruth Taylor, called herself Mrs.
Clarke by assumption, and the third.
Maize Stanley. was known as Mrs. Clarke
BY his permission. The upshot of the
existence OF three Mrs. Clarkes, naturally. was
disastrous. Mrs. Clarke by right and Mrs. Clarke
by assumption objected to his living openly, In
b splendid apartment, at 1876 Madison avenue,
under his own name, with Mrs. Clarke by per-
mission.
60 Mrs Clarke by right declined TO live longer
with him ct Sands Point, closed the establish
me:r there, svld the carriages and horses and
the o.hee costly belongings. aud instituted
divorce suit. Mrs. Clarke by assumption also
had recourse To the law, aud. having instituted
b sott, forced settlement from Clarke in the
Bun, Of So 800 IN ten notes Of $3.50 each. Clarke.
having mea NV h'le lest his large income from the
hrIn OF La Montague e. Clarke. through the
liquidation Of that firm. and having become
fncmber of Hunter. Clarke & Jacob. began to
Sign the firm name to notes. Soon afterward
the crash Of Hunter. Clarke g. Jacob came, and
Mrs. Clarke by permission was compelled to
flee with Clarke to the Hot Springs OF North
Carolina. ard the merchants who had fitted up
The apartment at 1856 Madison avenue without
rao ard IN Mt leaat Clarkas md had
Supplied Mrs. Clarke by permission with
well-arpointed brougham, took back all OF this
kplcudor. because II had not been paid for.
Clarke's partners were Frank X. Hunter and
Leonard Jacob, Jr. both good looking young
club men. Throughout the trial Of Clarke Re-
corder Smyth's court roori has been suggestive
pf the fashionable clubs of the city. The
audience has been largely composed of club
inen. who have been in thorough sympathy
with Clarke. Despite his enforced residence In
the Tombs, where he has been frequently visited
by his valet and Mrs. Clarke by permission,
Maize Stanley, Clarke has been as brave In his
sSs 81 Of ae has %
.snsr as Of % for ss Il
the stock brokerage business from the sub
down not as the fallen high roller. but as keen,
who had kindly consented TO assist his counsel
Lawyers Frederick B. House and Thomas F. Gil
nicalities OF accounts and phraseology. He is
proud. evidently. OF the fact that he went into
wound up. for the last few years Of his Career
there. by having the run Of q large and we'll
om hfs 9d a si That his
sas Sse.sS $4,000 fSd pI Ss T.
in the name Of Hunter, Clarke & Jacob during
Clarke q Jacob had done, well for him IN the
and he said he thought the firm had done pretty
Mr.. Davis asked Clarke how he had lived from
Jnly, ls03,, when La Montague 4 Clarke dis
solved until Sept. 20 last, when Hunter. Clarke
had lived upon what had aforded him ana" very Es
good living for at least seven years before, when
as o M Bit hf
wisdom that is worthy OF the attention Of every
Hunter Clarke 4 JACOB Was for r speculation.
though customers would be welcome. Mr.. Davis
individual 10 speculate in Wall street without
empls capital Clarke said it was. but not for the
The organization OF Hunter. Clarke & Jacob
was peculiar Hunter had some money, Jacob
owainE an saas OF or suS in an a ns
town residence, and Clarke had experience. Hun
yer anu jacob nhn previously speculated In Wall
street rather disastrOusly. Neither had ever be-
longed 10 the New York Stock Exchange or had
had any experience in the MANAGEMENT OF a bro
kerage business. Clarke had had much ex perience
In both directions, with signal success as 10 him
SELF. Clarke suggested that he was not so valu-
fble on the noor of the Exchange as he would be
In the management OF the ONCE business. He
proposed, therefore, that Hunter should buy a
seat "a the stock Exchange for 100000 and do
the Board business OF the firm. lie would run
the ONCE, and Jacob, being a particularly popu-
lar young club man, would be the outside man
% lAsso customers. So the firm was ORGANIZED
pm this basis. As 10 capital, Clarke said that
ne expected TO- save from the wreck OF
La Montague Clarke $50, 900 or S25. 900, and
got Il. Jacob said he thought he could squeeze
at least 81 5000 out OF the sale OF his equity in
the uptown residence. and would chin In this
amount as som as IL came his way. II tran
spired that the organization OF the firm was not
completed. the negotiations extending for over
a month, without constant and prolonged adj
tournaments for refreshments 10 the gilded halls
Of fashionable tavern near BY.