The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-09-15
TITLE GUARANTEE ROBBED
a. y. JUDD, THE CoNoERN's bAWXHR,
STEALS 4I5 900.

~. 1,,t in apecuIstisns Cash Pnia Tn ~
Observation-Disclosures Discovered DARING uia
y.ration-Hs strniGhtens out His Boohs
a. . Partial Restitution. bat IL Arrestea.
csoree W. Judd. q lawyer. who has been in
m. employ Of the Title Guarantee and Trust
Company at lac Broadway for eight years.
90, arrested yesterday morning for ombez1linR
money OF clients Of the company. Tho losses
N the company In making good Judd's en-
hs,ylements amount to about $4,000, accord
Inc 10 a statement made by the officers yester-
asy. Edward o. Stanley, the Treasurer Of the
con,p.ny, made the formal complaint aainst
Iudd. In this Judd Is charged with having
v,ceiyed $3.50 from Josephine Mallebro and
Henry, her husband, of 1885 Clinton avenue.
Nth which to pay q share for some sewers laid
At linton and Bungay avenues. assessed upon
property at 500 linton avenue. The money
VAS not paid over and Judd Ia accused Of hav-
ING stolen It. Judd was arraigned before
Magistrate Wentworth in the Centre Street
Court yesterday afternoon. He asked for an
examination and was held in $3.50 bail. to ap-
near in the same court to-day.
He told Complaint Clerk J. Dorian that he
rns born In New Hampshire, was 81 years old.
and that he lived at the Cumberland apart
ment house, 173 Fifth avenue. He is unmar~
,ied. His mother and q sister arc living at his
former home in New Hampshire. Eight years
.ro. according to Treasurer Stanley. Judd
went 10 work for the Title Guarantee and Trust
Company, and up to tho time his stealings
were discovered he hold the place of title clos
insattorney. He had a salary of IS, 900 q year
and was under no bonds.
In closing up titles to real estate, It was
often necessary for Judd to use money to pay
M back taxes and assessments for street or
other public improvements which stood against
the properties as liens. Much Of this money
was transmitted by the owners Of the property
In the form Of checks. and this was paid over
In all cases without being tempered with.
Other sums were paid in cash. and 1t was from
these that Judd made his populations. Alto
Fether. Mr.. Stanley said. Judd had handled
about $4,000 during the last year, and it was
About q year ago that he began taking money
for MS own use. He was without vices APP
parrn:ly. although living well. and not q thing
wrong was even suspected regarding him or
his accounts until after he went away for q
two weeks vacation about July 10 or II.
Within a lew days after he had gone a discrep-
ancy IN his accounts was discovered. and it
The facts were laid before Magistrate Hedges
OF tie Centre street Court, and a warrant was
issued for judas arrest Whether because
be hear: Of this or only suspected Il, he did not
return when his vacation was over, and tho
COMPANY heard nothing from him until about
three weeks ago, when he went into the office
and asked to see Mr.. Stanley. To Mr.. Stan
ley Judd confessed his misdoIngs. He said he
had lost the missing money in Wall street
speCulltiOas. He began to take the money
about \ year aSu, and ever since he had been
using the later collections to cover up the de-
fcicnc!cs in his earlier accounts. He ex-
pressed his desire TO make what PREPARATION was
possible. As one OF the most important things
70 the company was to have its accounts
with it, customers Strengthened out, Judd was
taken al his word and put back at his desk to
get his accounts in order.
He finished this work on Friday night and
told Mr. Stanley II was done.
What do you propose to do with mer' he
asked.
Il DO not Know" said Mr.. Stanley. W.
viii talk it over. and you come back on Mon
day morning and we will let you know our de-
cislon.'
The coming TO . decision WAS difficult, but
Il was finally decided that. however much the
officers OF the company might wish TO drop
tie matter in view OF Judd's repentance and
partial. restitution, It was their public duty TO
prosecute him.
Yesterday morning Judd appeared at the
ONCE at his usual hour. Detective Mcknight
was Waiting in tho outer room. Mr.. Stanley
told Judd Of their decision and introduced Nc
Eaught.
II suppose you recognize tho situation"
MD Mcknight
,-oh, yes, Thave recognized it for some time"
Judd answered.