The Providence news. (Providence [R.I.]) 1891-1906, 1898-08-02
Interviewed by French
Police, However.
SAYS HE'S AFTER FISHER.
Brother Marcus Has Given Up
$4,000 in Cash and Bonds.
ExrRADITIoN NOT ASKED FOR.

Rev. p. f. Jernegan, late OF the Elec-
trolytic Marine Salts Company, is by
this time, no doubt, comfortably en-
sconsed in one of the many palatial
hotels In Paris. and is enjoying life In
the gay French metropolis. On land
ing at Havre yesterday, Mr. Jernegan,
though somewhat provoked at being so
quickly recognized, said that he never
was the president of the Electrolytic
Marine Salts Company, but only It's
general manager. He had nothing TO
do with the company beyond receiving
45 per cent. of the cash proceeds or the
sale of stock of the company. This
percentage he was strictly entitled TO.
as IL represented compensation for his
invention. .
He said that much of the credit of
the invention was due 10 the assistant
general manager, G. T. Fisher,who was
entitled to a portion or the proceeds
s'There is absolutely nothing in the
nature Of a fraud about our dealings
, with the matter" said Jernegan. II
have properly drawn up documents py
which the company agrees TO pay me:
or rather us. As per cent for the use OF
our invention. The document doesn'
even bind me to make the working or
the invention profitable" Mr.. Jerne-
gan stated that Fisher having disap-
peared. he had reason to believe that
he had gone to Europe. and at once de-
| termined to hunt him up.
LOOKING FOR FISHER.
This was one reason why he took an
| assumed name, so as TO catch Flsher
| unawares. When asked why, seeing
| that the bona fide character OF his In
| vention could not be called into ques-
| ton, he (Jernegan) had not stayed at
| the works in Lubec. Me-, extracting
| gold upon his own account for the COM
| pany and the As per cent compensa-
| ton, he said Fisher had taken his for-
| mulae with him. and he was tracking
| him to get them. Jernegan was asked
| II he did not think travelling under an
| assumed name gave bad impression
"Well. you see." he replied, both the
| committee and everybody connected
| with the process from the very nrst
keep things secret
| MARCUS GIVES UP $4,000.
Marcus w. Jernegan. brother of the
reverend gentleman. now in France,
started from Boston for his home In
Edgartown yesterday afternoon, put
detective agency In Boston valise
containing $4,000 in bonds and money,
which he claimed belonged to his
brother. Marcus was not prisoner.
but he was under surveillance during
his stay In Boston. He admitted that
|
bought the bonds for his brother In
New York. but he says that he was In
nocent in the matter. :,
Marcus stated that his brother took
the certified check on the Boston banks
which he received and deposited them
In a Brooklyn bank. Then he, drew out
the cash for these checks and gave II
to his brother to buy bonds. In all. be-
tween $4,000 and 100000 worth OF
bonds was purchased and taken on the
French liner by the minister. The
brother was instructed to keep on pur.
chasing. and was to send the additional
purchases to the minister when th'
latter let Marcus know his ADDRESS or
the other side of the water
MAY NOT BE ARRESTED.
AS matters now stand II looks yer,
| much as IL the Rev. Mr.. Jernegai
would not be placed under arrest IN
France. IT has been earned In Wash
inrton that no instructions had beef
| sent to the American ambassador II
Paris for his apprehension by tn
French police. and until this Is don
he will not be arrested. The governo
OF Massachusetts, was desirous OF Jer
negan's arrest on the charge OF obtain
ing money under false pretences, bu
that is not an extraditable crime, am
| n was suggested to him several day
ago that he change the charge to EN-
France. IL has been learned In Wash
bezzlement No reply has yet pee
WORKMEN PAID OFF.
The workmen on plant No. 2 at tn
| company's work at North Lubec, Me
received the balance of the money du
them yesterday. being paid from TN
SIG 900 drawn from the Eastport ban
last week by Supt. A. N. Pierson an
have left town. The work was left l
the utmost confusion, and the ditc
| through which the canal runs an
| which Is the site of the proposed ne'
gold factory, looks as though IL ma
been struck by a cyclone. Ii is sal
, that Messrs. Ryan, Pierson and Ushe
are possessors of the Jernegan formuii
for the secret process. In that event.
there is any merit in the formula, IN
works may yet be continued as the con-
many has money enough But the ques
tion Is will the formula work success
fully without Fisher at the other en-
| of the line to salt the machines?
II is said that trace OF Fisher ha
| been discovered, and it is now though
that he has gone to Europe, with nj
| newly welded wife and n Miss Peas,
of Edgartown. who is the daughter {
Fishers fathers second wife. IL Is be
lieved that Fisher will meet Jernega
abroad. divide the proceeds and the
4; book keeper. is also supposed TO be
. Europe. He started for England TO x
married. He excited suspicion befol
' he went by his lavish expenditure
money. for he seemed TO be supplis
: with n great sufficiency OF cash. and
}. certainly did not deny himself any lu'
4 ury that could be obtained about I.ub
~ or In New York.
re MnAutx,,~ c~astercd Unvrne