The times., 1899-04-06
SUED BY 4 WOMAN
FOR STOCK PROFITS
4 Young Plunger Backed by
Miss Maud I. Porter.
Now She Wants the Money Loaned
TO Adolph NJ. Sayre.
Her Application for ~ Writ TO Re
strain Him From Fleeing
the Country.

| tween Maud T. Porter and Adolph NJ.
Sayre, the former has sued the latter for
an accounting and also applied to the Su-
! preme Court of the District for a writ ne
exeat, the purpose of which is to restrain
the defendant from leaving the country.
This latter phase OF the proceedings the
1 plaintiff thought necessary because she
! had been informed that the defendant in
! tended to leave the United States and the
writ was asked for in order to prevent him
from doing so until after he has made
| answer to the suit. The amount involved
is not large, being only s2.55O, and accord
ing to the complainant was placed in the
! hands of the defendant for the purpose of
| purchasing certain stocks.
The complaint in great part is made UP
! of correspondence which passed between
/ the parties 10 the suit and the recital OF
/ the rise and fall of stocks and the great
amounts realized reads more like the his
/ tory of exciting times on change than the
! story of common business affair.
The complainant states that in January
/ last the defendant Sayre represented 10 her
/ that ne had been engaged extensively in
/ buying and selling railroad and other
stocks and had made large profits by his
! operations. and had acquired knowledge
and experience in such business which
/ would enable him to invest money for her
! to great advantage. Relying upon these
| assurances and having full confidence in
! their truth and the integrity of the de-
fendant, she gave him $50 to invest in
1 stocks
I few days later upon the statement of
/ the defendant that he had realized large
I profits for her on the small amount invest
/ ed, she gave him an additional sum OF $500
I gSt bp r1afr
/ that Sayre wrote her a letter in which he
said:
take the liberty Of sending you a note to
congratulate Won. fortunate enough to
/ clear about $4,000 today and was thus able TO
/ double your check for $500; You said the other
! evening that YOU might desire to place more
/ funds in ms hands for yOilr use | feel courage
| enough Eow TO say that ii at sry time you
! should desire / would be- willing to- accept
! the trust. IN the mean time hope to increase
materially what | already have of.yours.
| On this representation the complainant
! says that On February 6 she gave TO Sayer
an additional sum of s20eO. For this he
gave the following receipt:
Received from Maud 7. Potter. $500 for in
| yestmcrt.
| In making this receipt, The complainant
says that the defendant, either by accident
or design, omitted to include the frst sum
of $50
Prior to sending to the defendant the
sum OF $1,000 already referred to. the COM
plainant states she received a letter from
sayre about February > last, in which he
said:
| dislike 90 seem TOO eager 10 interest you in
these tiling-. hut really il has any idea Of
/ ever buying good stock, is the time will
/ he bold enough TO advise you therefore, to
invest rs soon s. You pIyenjentlY can. Just as
/ much you possibly can turn into ready cash
| IN ak
I trnity Offers Yesterday you reapcd-s nice profit
on the rise in Chicago. Burlington and Quincy
and know Son will be pleased 10 learn that
| WAS able TO reach and pass tl,e miilion-doar
/ point Please pardon this intrusion but Us long
a. You are at all interested in the matter should
regret Ia have you miss what seems 10 me to i,e
an opportunity that does not often come.
On March il last the complainant says
| Sayre wrote her as follows:
have been waiting for long expected rise
| in Metropolitan Street Railway and Consolidated
,ias, which came thr last three days OF the week
lhc iotncr rose twenty points and the latter
| ten, and haye made for YOU profit of S25.OJJ
! oL which 5000 is another persons.
| When Miss Porter first called on sayre
to return the amount advanced him she
says he replied in substance that her money
( was invested with other funds belonging
/ TO his associates in business, and that he
could not conveniently pay her then be
cause it would be detrimental TO the in
/ terests of all concerned If any of their
holdings were disposed Of She under
stood kim 10 say that he had invested
heavily in Metropolitan Traction and that
! ne mad good reason to believe that it
would advance to the three hundred point.
at which time he would sell. She also
states that she sent her attorney 10 Sayre
I to ask for settlement but that after
some delay he declined to discuss the mat
ter with her counsel.
sayre IS Washington man and was
educated ia this city and at Harvard. He
/ took a partial course OF the Columbian
University and entered the Columbian Law
1 School. from which he graduated with the
highest honors, having been awarded
nearly all the prizes for which members
OF his class Contended Soon after grad
uating from the law school he spent two
or three years at Harvard College Ii is
reported that a year ago he came into
possession of about S20G00 With this. il
is SAID he swooped down on Wall Street
and trebled his fortune in a very short
I time. He then came to Washington. ii is
said, for a visit to his mother who at
that time held position in the Treasury
! Department. 1t is said that ne per-
! suaded his mother to resign her position
and together they took up their residence
at the Hotel Gordon. where they have
/ since remained AT this place il is said
! young Sayre Who is about twenty-three
! years Of age, lives In fine style. He drives
a very fashionable Victoria with foot
man and driver in bright livery.
: Most OF his time during the day is spent
in driving about town and the suburbs
when he is not engaged in watching the
fluctuations Of the stock market Aside
from his ventures in the market however,
he is not known TO nave INDUCED in specu-
laticn.
Sayre was seen last evening but declined
to discuss the matter in detail He ac-
knowledged however. that the allegations
as set forth in the complaint of Miss Por-
ter are practically correct He said h
rad taken money from her and Invested it
successfully. and was very much surprised
when he learned that she had entered suit
in equity 10 recover the amount advanced
20 him Further than this Sayre refused to
talk until after ne had consulted his at
toTney.
Miss Porter resides at the Cairo with her
brother. but could not be seen last night
irving Williamson, Miss PoTter's attorney
when seen last evening, stated that h.
knew nothing OF the circumstances OF the
case further than is told by his client IN
her complaint.
Trial of :, sfrret-swcepar.
The District Commissioners witnessed a