New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-15
A LAWYERS BIG SHORTAGE.
EMRFZZLEMENT OF AN EMPLOYE OF
THE TITLE GUARANTEE AND
TRTSr COMPANY.

George NJ Judd n lawyer who fer several years
has been In the employ OF the Tite Guarantee and
Trust Company, OF No. ii6 BroadWay' was "rIts''"
yesterday morning BY Detec;ive-seTgeanl No
Naughton Of the Contra! Once. on q charge OF haN-
ing cmhozzled about Sl3 900 The charge was made by
Edward @. Stanley, treasurer Of the company. ana
the ares, was made IN the ccmpG uys Ollie. MI
Judd having agreed TO give himself Ip. Al the COM
pany's office yesterday afternoon Treasurer star
ley gave out a statement. in which =" s3!1:
'Mr Judd has been for a long time truste" en-
p.oye OF the company He is a native OF Connect
cut Is a finely educated, cultured man, and was In
receipt OF excellent salary. Ee was unmarried
and lived at the Cumberland. Twen.y-second-st
and Broadway. lie was very popular with his a.
socates and fellow employees. His work has bo'N
the closing Of various titles In that position IL VS.
his duty 10 receive considerable money from TIM
80 time from customers Of the company, 10 pay
taxes tound TO be unpaid on the various properties
which were the subject OF mort gage sale. il =
part OF this money which he appropriated. d.
covery was. OF course. inevitable. The system o:
following up the payment Of taxes employed by the
company rendered it impossible conceal the fact
OF non payment To- very long time. The amount
involved is under $1,000. which the company has
Immediately made good to clients.
THE company would have been glad to try to
save Mr.. Judd from punishment. but its duty was
clear TO admit of doubt. Its interests and
those of the public required that justice should be
done. although there il no desire to inhct upon
Mr.. Judd any unduly severe sentence. The money
is the In Of these unfortunate offences
IS believed 20 have been ios in stock speculation"
Regarding the discovery Of the ombezZ,ement, Mr.
Stanley said that it found out while Mr.. Judd
his vacation. He went away about the
middle of July There had been a slight suspicion
that there might he something wrong with his ac-
counts. and Mr.. Stanley said that he thought Nh
Judd knew his books would be examined in his alb
sence. The books were examined and the shortage
a
discovered, but whether not there had been IT.
Irregularities before twelve months ago which had
been made good and covered up is not known Mr..
Judd did not return TO the cOmpanys offices at the
conclusion was that he must nave known that his
irregularities had been discovered.
About two weeks ago he went 10 the offices oi
the company and admitted his guilt. lie seemed
peni;ent and declared that he would do every
thing possible 10 make restitution. Tie could only
make small portion o. MS shortage good. but II
IS thought that ne gave M everything ne had;
Mr.. Judd agreed 10 his arrest. and hand
promptly at the time appointed for it. lie was not
under bond to the company.
Mr.. Stanley said that the loss by the embeZze-
ment would in no way affect the standing of the
company.
Mr. Judd, when arraigned before Magistrate
Wentworth in Centre Street Court yesterday after
noon, declined to make any statement. On his
formal examination paper ne wrote Il have moth
ing to say ut presen, and demand an examine
ton"
At his request the examination was adjourned
until Thursday at o'cOCk. He offered 10 give 500
cash bail. but Magistrate Wentworth insisted on
$50 This he could not furnish. and ne is waiting
for a bondsman.
The specific charge on which he was arrested
was the embezzlement OF 1886 from Mrs Josephine
Mellebre. of No. 1,3SG ClintOn-ave, Brooklyn. The
money was given TO him 10 pay for assessments