The times., 1897-08-31

Mr. Dennis ]. canty and Mr. Herman ".
Van Sender, the stock brok ers doing busi-
ness under the firm name OF Canty & Co,
st No 1881 r street northwest, were yes
terday arrested upon variants sworn out
by Joseph wilkins and Frederick Limerick.
of the finn Of Wilkins & Co, to whom
canty X Co. owe money, the charge being
elnbezzlement, and settling up and main
tanning Z gambling table" They furnish
ed $4,000 boud each yesterday after
noon, ana are now at their homes enjoy
ing Their liberty gain.
II Is aSSerf ed by friends Of the firm and
by theirlawyers thatthe transactions which
led 10 ttesy charges by wilkins & Co. were
staple business deals, and that there is
absolutely 10 Foundation for the charges.
MeSSrS wilkins and limerick have been
Going business with Canty & Co. for several
months. They have been very sug cessful
IN their stDcE deals and have made several
thousand dollars, it is alleged, along with
many either patrons of the firm. The
statement is made that the amount in
TOlved in the present difficulty is all OF II
only part OF their profits during tie recent
rise in the price OF securities ON the New
York stock exchange.
Two or three weeks ago Canty & Co.
failed, 1t is alleged, for about 1900.
Half Of this sum, it is claimed by wilkins
and Limerick, was due them, although the
amount named in the warrant on which
the young men were arrested was only
$4,s57 30.
Eiessrs. Wilkins and limerick sued for
their money last week, but have not vet
obtained judgment. Propositions were
made, Il is said, by each party as TO terms
OF settlement, wilkins and limerick agree
Ing 10 take a part of their claim in cash,
hut fixing the cash amount at larger
sum than Canty & Co. could raise fnrnedi-
ateiy. Failing 70 collect the alleged debt
immediately they sYore out the warrants
yesterday.
1t is charged by Mr. wilkins that the
money be and Mr.. limerick had invesed
with the firm was used by it in a
fraudulent manner and not, as the firm
states Ia the ordinary brokerage specula-
ton.
Both Mr. canty and Mr.. van seEden
arc well known and muchliked young r;len.
Mr.. Van seEden was during the last Ad-
mInistratiOn, private secretary to Secretary
Carlisle He is from Kentucky and
numbers among his friends the most
influential people of that State. Mr..
Cdniy was formerly employed in
the office OF the Interstate Com
merce Commission, but has been in tie
brokerage business here for several mont hs.
IL Is sad that be has as many friends
as any nan IN Washington. He is most
generous and hnd-hearted and miversaIlg
liked
Mr. Van Senden joined Mr.. CAVITY IN
Business on March 10, the firm huving
out the business Of Col. Joseph Rickey.
the well known broker and speculator
They obtained a large number of clients
and nearly al of them were sa!ccessfuI
during all the bull movement of the Iasr
Few months Their New York oorrespond.
euts were Willard & Co.
Ar- Myer Cohen, one OF the attornevs
for Canty & Co., was seen by a reporter
Tor Tie Times last night and asked IN
make a statement regarding the case.
i nave none to make he said. ..except
mat nave perfect confluence In the in
noeenee OF my clients and In the belief
that thc developments OF the case VIII
show that no charge of embezzIement
should have been made"