New-York tribune., 1896-08-27
LOTTIMER ESTATE TROUBLES.
JOHN BLOODGOOD ALLEGED TO HAVE
DIssIPATED SECURITIES.
he Is REPORTED TO HAVE MADE A CONFESSION
TO w A. IOTTIMER BEFORE HIS DEATH
THOSE INTERESTED IN THE ESTATE


TO W. A. IorrIMER BEFORE HIS DEATH
THOSE INTERESTED IN THE ESTATE
DO NOT DENY THE RUMORs.
The Lottimer estate is again in trouble and for
n second time II seems that one OF the executors
has been false TO his trust From all that can De
learned IL appears that this time the man VINO mas
done the wrong was the late John Boodgood, OF
the firm of John Boodgood & Co. OF NO 10 Broad
St At any rate the report 10 that erect mas pee"
quoted throughout the city, and as yet II remains
undened The estate of William Lotumer VINO
died several years ago. was one OF seVerai nun
dreds of thousands OF dollars and 1t has been sau
hv connections OF the family that nothing save the
real estate remains.
Cianni Rettini who married a granddaughter OF
William Lottimer said yesterday that Tor some
time the heirs Of Mr.. Lottimer have suspected
that the estate was being trfed with or nj least
that u WAS not being properly managed. These
sl,snicions were first aroused by the TACT tha' 'c
usual payment by check of the interest on 'hc PiOp
ov,v and securities postponed by Mr.. blooo-
good This happened about year ago. ana now
MIR Bettn, says. that about everything except '"7
real estate has disappeared. He went on to say
that Mr. Bloodgood had explained 10 the he,is
that the payment of the interest coulo not pe
made on account OF the failure OF certain raroaos
~ nav their dividends. bnt that he beheVed that
,y-;I,,a,o A Iottimer the co-executor. knew moth
ing Of the mshandling OF the funds 1t Is also re-
norted that Mr. Bloodgood before his death MADE
a confession TO w A Lottimer 10 the erect that
no had hypothecated the securities for his own
MRS BIOODGOOD ON HER WAY HOME.
When Mr. Rloodgood died his wife was in Europe
and upon learning Of his death she sent disptacn
oori,g that The body of her husband be not buried
until after her arrival in this country In accordance
with this messabe the body OF Mr. BIoodSood was
nlaccd in receiving vault in Great harrington
Mass where 1t now lies. while Mrs. Bloodgood is on
FronCh .
poprgocne which is expected to arrive in this city
on Sunday. ,,,,,,,.
Mr. Roodgood was the son-in-law of William
1o,,ner The executors of this estate were jerome
l. Hil. Mr.. Lottimer's business partner MS SON
william A. Iottimer and ha son-in-law. John BLOOD
cd Nr Iottimer left five children, one son and
four daughters Besides those already mentioned, ono
daughter married for second husband NlIhaih
l. Pomeroy Of the firm Of Pomeroy % RUNNER
another married Sandford b. Pom oroy' son OF
W l. Pomeroy and another married j. a. Johes'
Most ~ the fortune left by Mr.. Lottimer was
,,od in The drygoods commission and importing
busness About year after his death the aidliS
Of the firm wound up ana the o%ice % oi .ne
estate for some time has been at NO ~ EXchahse
place 4 considerable part Of the estate was IN
railroad bonds and stocks and in reai estate lhe
erst seriops trouble in the affairs of the estate
that reached the ears of the public occurred apou
ten wears ago. when man walked INTO the once
nj Mr. Thomson of the law firm of Foster * lhoIh-
that stocks and bonds TO the amount of about
s2oo on had been taken from the safety deposit
vaults containing the Lottimer securiles' Fac"
one OF the three executors carried KEY ~ ''o
vault and had free access TO II. MT. IhoHSoh went
70 Mr. Bloodgood and informed him of what he
had been told and together they louhu '''"' ''0
information correct
on July H. 1857. Mr. Thomson publicly maze 'he
accusation that the lost securities had peeh
hypothetical by Jerome L. Hill. the old partner
of William Lottimer and one of the executors
and that he had applied the proceeds to his own
use It afterward appeared that Delos McCurdy,
Mr. Uill's LAWYER WAS the who had informed
Mr Thomson of the loss of the securities. ana he
asked that his client be dealt with eniently. MT
Till was removed from his place as executor but
was never prosecuted. He afterward eft ',his
country and since then has been living abroad as
poo
THE RUMORS UNDENlED.
After the theft by Mr. Hin was discovered the
Two remaining executors agreed that neither OF
them should visit the vault without the other'
Affairs went along smoothly until after the death
Of Mr.. Bloodgood. when stories TO the eHec' 'h"'
the estate had been dissipated began 10 pe crcu-
lated and these stories still remain undenied. IL Is
said that the securities owned by the estate nave
undergone remarkable shrnkage in the last few
years and that the accounts of Mr. Bloodgooo are
10 undergo a thorough examination
The heirs of Mr.. Lottimer and the friends and
relatives of Mr. Bloodgood most Of them un-
willing to say anything about the matter IT'D
une reporter called at the office OF John Boodgood
d Co.. at No. 10 Broad-st. yesterday afternoon TO
see John ID Slayback Mr.. Bloodgoods partner
Mr. Slayback said Il am not in position to say
ANYTHING about this II after at all. Mrs. Boodgood
IS now on her way home. and cannot say word
about II until she reaches this country. IL Is
shame that anything has been said about the mat
ter at all. II Is rather hard for a woman to come
home and find the body of her husband, who is
NOT vet hurled and also TO find such stories In the
uevspapers" The Office in rather dilapidat-
ed condition as one of the rooms had been torn
nm There were a number of clerks at work at the
office hut the doors closed and no business
was being transacted
Charles H. Hunt, who had known Mr. Lottimer
for a great many years and who is employed in
the office of the estate, was seen at his home NO
Az Second Place by Tribune reporter last night
He said 81 am that an investigation into the
matter Is now going on. and there Is great deal
20 learn As far as the confession alleged 70 nave
been made by Mr.. Bloodgood to w A. l.ottimer Is
concerned. / know nothing about IL w men a re-
mort OF the confession was shown 10 MI hunt ne
refused read IL.
William A Iottimer not at his once yeSter-
dav He lives near Stamford. Conn. lie is usually
10 be found his office between the hours OF ana
in the afternoon but for some reason ne was not
there YESTERDAY 1t is expected that he VIII be
there to-day the usual hours one OF ms clerks
said that the estate not in as good a condition
as II was after Mr.. Hill had misapproprlated the
funds but that was all that could be learned there
DFTECTIVE CUNNINGHAMS CONDITION..
Detective William j. Cunningham of the Oak-st.