New-York tribune., 1900-12-07
ACCUSED BROKER ASSIGNS
ASSISTANT DISTRICT ATTORNEYS oP-
POSE EACH OTHER N NOR
CANS CASE.

Charles ". Morgan, doing business under the
style OF C. " Morgan & Co. stockholders al
No. Il Broadway. who was arrested on Wednes-
day made an assignment yesterday 10 Bert
Hanson. giving preference 10 the employees for
wages He has branch Offices at No. LAO
Broadway. this city. and az Fifth and Chestnut
sts.. Philadelphia. Mr.. Morgan became a mem
Der OF the Consolidated stock and Petroleum
Exchange in November 1892 but since then
never has had any rating at "Bradstreet's
Before joining the Exchange he was for six
years in the wholesale grocers' sundries busi-
ness at No. 122 Broad-st W J. Morgan was a
partner in the Stock Exchange business until
November IL. 1898. when he withdrew. In
February last c. w. Morgan said he was worth
$4,000 % which $4,000 wss invested in real
estate. Mr.. Morgan lives al No. 621 West End
ave.
Morgan and Michael Hart OF No. 81 West
Fifty-ninth-st. his bookkeeper. were arraigned
before Magistrate Zeuer in the Centre-st police
court yesterday morning Both were charged
with grand larceny and conspiracy. The con-
spiracy charge included John B. Mckenzie and
Lewis c Van Ripper the brokers in the Bowling
Green Building Claude Turner charged with
having been an associate Of Mckenzie and with
having had charge Of branch office in Chicago,
was found on Wednesday night by Detective
McConville ~ No II Broadway. and promised
70 appear at Police Headquarters yesterday
morning. On his arrival there he was taken
down 10 the police court along with Hart and
Morgan.
MINTYRE FOR, BYRNE AGAINST
Assistant District Attorney Byrne appeared
against the defendants. Assistant District At
torney Mcintyre entered the courtroom. and went
over and shook hands cordially with Morgan.
Then he went before the Magistrate and asked
that the hearing in the case be adjourned He told
Mr. Byrne and the Magistrate that Morgan was
complainant ir case Of blackman against
Watson. Evans and Gardiner. who were ar
rested six weeks age. These men, Mr.. Mcintyre
said. entered the Office Of Morgan and showed
him an article which had been prepared. dam
aging 10 Morgans business. and which they
threatened 70 have published in Wall Street
paper II he cid not secure some money TO sup
press the matter. Morgan had them arrested,
the act being detected by means Of a marked
$500 bill. Mr. Mcintyre said that inasmuch
his case had precedence in time and there
no hurry about the trying Of the present
case: and, further. as the defendants were un-
der bond awaiting trial, he thought the present
case could be adjourned.
This is a most peculiar situation" spoke up
Mr.. Byrne Here is one Assistant District At
torney acting for the defendants and another
prosecuting them"
There is no relation between these two cases" ."
spoke up Mr Mcintyre. warmly. Il want an
adjournment merely because OF the precedence Of
the case have alluded to-"
Those people We have arrested are thieves
and we can prove IT, There is a nest OF thieves
down in Wall Street" said Byrne
Turner and Morgan were held in $1,000 bail
each. and Hart in $4,000. Morgan and Hart
were released on the same bail furnished on
Wednesday night
CREDITORS SEE THE ASSIGNEE
Before the fact became known yesterday that
Morgan had made assignment. there were
thirty 10 forty creditors in the corridor outside
his closed Offices in the Empire Building one
man, in answer TO question however said
that he had lost $3.50 and another 81 800 Most
OF those present appeared 10 be unsophisticated
50 far as dealings in stocks are concerned.
Ny Hanson, the assignee OF c. W. Morgan q
%, arrived al the firms office at about IL
O'Clock yesterday There were a score or more
creditors IN the corridor. Hanson Informed
them that he had been appointed assignee and
invited them 10 enter the office.
M Hanson Is a lawyer connected with the
nrfn ~ Rltch Woodford. Bovee e. Wallace at
No. ls W6l-st His attorneys in this case are
White a. Otheman. of No 81 Nassau-st To a
Tribune reporter Mr. Hanson said yesterday af-
tefnoon; Il know nothing yet about the firms
ISIS "I Haoihtles, nor VIII until the police
lei me examine the books OF the hrm. / did not
hho" Mr. Morgan until ] met him for the first
uihe lhls morning, and that was. i suppose. one
OF The principal reasons why 1 was chosen re-
ceiver. ] want II distinctly understood that I
am here for the sole purpose Of getting the as
sets together and administering them for the
beleht of The creditors. My hands not tied,
ana no requests Of any kind have been made to
me by the assignOr. There are no preferences
m the assignment. except for the salaries Of
employees and, believe. those paid up in
full 10 last Saturday night. I wish the creditors
eouid help me by sending in their claims. The
lrnl had an account at the Seaboard National
sank, hut do not know how il stands ] do not
know that the firm had any other bank ac-
count"
NOT ANNOUNCED on CHANGE
Contrary 10 expectation. no announcement Of
Morgan's assignment was made at the ConsoI-
dated Exchange. Of which he is a member. He
had no outstanding contracts there and as a
consequence. no stocks were bought or sold for
his account under the rule" officials Of the
Consolidated Exchange declared that Morgan's
business, 10 the best of their knowledge. had
always been conducted on legitimate lines. His
operations. while numerous. were not on a very
large scale, save now and then.
The ofhces OF John B. Mckenzie broker on
the NTH floor Of the Bowling Green building and
those OF Lewis c. Van Riper on the seventh
noor, were closed yesterday. Under the name OF
Van Ripper appears the sign "Eldorado Realty
Company" The Central Office detectives We're
looking FOR both Mckenzie and Van Riper and
failed 70 hnd them yesterday.
number of Central ONCE mcn were in Wall
81 yesterday, and il is understood that the
object of their visit was 10 collect evidence
against other places now under suspicion. The
important part IN the present crusade and is
said have Special agents a work