New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-04-15
STOCK EXCHANGE ACTS.
CHARGES ORDERED TO BE PREFEHhED
AGAINST c. NEUKIRCH.

.,~,,,,p or TIE FIRM OF THEODORE W. MYERS
oo-A,a.pcEp RELATIONS WITH THE E.
s. DEAN COMPANY THE CAusE-NR'
NEuKIRcHs EXPLANATION.
~oer;zance Of the operations of the "discre-
t,onary order" or blind pool concerns ""'.''
80. wall c,ree. was taken yesterday by the
c.ocl Excbange when its Governing Committee
oraered charges TO be preferred against Charies
Neukirch. member Of the firm of Theooore '"
MYERS & Co. No. 30 New-st" for hoio'ns 'e''
tions with the collapsed f. S. Dean Co"pa"s' "
No So Broadway. The hearing on the cnai So
will take place at the next regular Ni'e
the committee on April -
The firm is composed of Mr. NeuKirch All" ND
ward ~ Myers, a nephew OF Theodore w NY
Theodore w. Myers retired from the III III w".'
no hecame Controller Of the City of New ork'
but IL is reported-although TINS cou'o "'. "
oorerr,ed-that he receives $4,000 year from
the firm for the use Of his name. he Is ny"
her Of the Exchange having Joined on April l.
1875
Mr.. MYERS is the president of the Colonial Trust
co,,,non,- which is soon TO begin business in the
new St Paul Building at Broadway and Anh-s''
NJ Neukirch was member of the old flrm
~ Leopold Calm e. Co.. which got into Toupe
NTH tho Exchange over commission matters.
Mr. Neukirch has belonged to the Exchange
since May l. 1895.
Mr. Neukirch's explanation is that an! oea'-
ings with the Dean company were conducted oy
his mariner Mr. Myers. who has charge OF the
office Mr. Myers's explanation is that he &C
cepted orders from Myron l.. Bernard, the presi-
dent of the Dean company, simply in the regular
course of business.
The Governing Committee Of the Exchange
Yesterday adopted the following resolutions:
Resolved That transactng or offering 70 transact
business in grain, produce, cotton or other com,
modities without commission or for q nomiHet
Commission by any member Of this Exchange, or
securities dealt in at the Exchange Is a nle'hou "
ARA cement for rebaiemen. of commissions ana Is
a violation of the Commission law ,. ,,
Resolved. That giving or onerins 10 give ie 'L
rocal business in grain. produce, cotton or other
commodities dependent upon the amount or Stouh
Exchange business received is method or az
rangement for batement OF contaissio'iS anu - "
violation OF the Commission law.
Deputy Sheriff Lipsky received a second at
tachment Yesterday against the E. 5. Dean Com
nanv for 50 5o3 in favor Of Frederick Z. Turner
the first one having been settled on iues 'Ii
The Sheriff paid visit to the ofhces Whlcn "eiS
found closed, but he succeeded IN Settlns ia en-
nuttinC q keeper there. None OF the company
were around The attachment was also served on 1
the bank where the company is supposed 10
have q balance of 81 100 The claim or MI
Turner is for services and disbursements as one
of the Western agents of the concern
Assistant District Attorney Allen !es'eiua!
continued his examination of complaints against
the e. S. Dean Company District .At'oIneS
Oicott said Yesterday that Mr.. Aliens lnVeStsa-
ZION womb probably result in a recommendation
"a Tho con,plainants to take their case 10 ponce
magistrate for hearing