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

OF the old stock-brokerage firm Of
La Montasne. Clark C 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
a some time ago charged with wreck
ing the firm of Hunter, Clarke & Jacobs,
which he toined after leaving La Mon
tlgne. 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 d. David. . Spectator. of Montreal,
who alleges the crime Of grand larceny
against Montague. The latter secured
bail in SIC. 0oO. his father-in-law, DR.. 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
on 2 warrant. for grand larceny. Issued
by Justice Taintor. The complainant was
the aSove named David.
to NJ b FSlsen s waS t ihs7s to The sus mssis Taaps
te'S furnish sPei $4,000 f Sonds; for pr a hearing to.
morrow In company with La Montague.
ton. jr, In the house III East Twenty
frat street.
When that hearing is called to-mor-
nav; i e,a i more %1u than ps t naely a thaf H the
defendants charged with grand larceny
also by Capitalist David. A warrant
was said to have been Issued for him
GERS were looking for him. -,
The only other member Of the old
firm of La Montague, Clarke & Co. is
Wallace b. Smith, and he Is unm9iested
West. 1t is moi thought any action will
be taken against Fulton, ST.,
Mr. David alleges that the firm OF
was in Europe last summer closed out
wheat speculation Of s75,0oo.. He says
that his margins on the wheat Zeal were
Mr.. Montagne's attorney. Charles H.
Russell, and Counsellor Elliott Norton,
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 "a Mon
'ShC. 10 - ~.
defendants lawyers said, claiming dam.
ages in $4,000, which. he says, was due
him as a balance on stock operations. .
The firm answered that the defendant
suffered no damage, as his margins dis
appeared several times over through
steady declines in wheat at the time or
his operations.
Mr.. La Montagne's lawyer said David
had threatened every member OF the
firm with criminal prosecution since the
institution of the civil action.
Broker La Montague Is a wel-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
La Montague, Of the wine-dealing firm
IF Il. La Montague & Sons. Beaver
street.
During the exciting days Of the slump
in Cordage stock La Montague. Clarke
& Co. sued for the recovery Of ,s a n M
~lntter's defense was that La M,ontagne.
Clarke & Co. had not properly come
into the possession of the note.
The senior Mr.. Fulton explained that
he deposited the note for discount, and
II was taken up when due by his firm.
who then sued Waterbury & Co.