The sun., 1900-11-14
GRANT BROS. s MONEY GONE
FARMER JOIN X. vAN SICKLE TAXES
HOSTILE ATTITUDE.

HIS wife says That the Grants Accuse Tim Of
Losing the Money 10 Speculation aHd That
He WIN Make IL Hot for the Grants-Hes
In EiiIabsth-Tirm Makes Assignments.
Tho failure Of Grant Bros. stock brokers
at tS broadway. announced on the STOCK EA-
change shortly after the opening yesterday
morning. was followed by reports that the
assignment was caused either by tho dishon-
esty OF clerk or the losses OF member oi
the firm In speculatlons which IL was alleged
his partners knew nothing about. state
mont Of the oIact cause Of the failure is prom
ised by Ernest q. Stedman. the assignee' AT
10 O'Clock this morning. but yesterday every
body connected with the firm was mum
The partners are Frederick Grant. his son.
Charles L. Grant. who is the stock Exchange
member. and John X, Van Sickle. who lives AT
Elizabeth. n. j Mr.. Frederick Grant. when asked
for some explanation OF the failure said that
he had worried over the matter enough and
didn't mean To give 1t any more Of his time
The assignee might talk. If he chose. Charles
+. Grant said that II was utterly useless TO
question him az hs had made UP his mind 10
that course Mr. Stsdman said. Walt unul
Tomorrow.
A number OF brokers looked up the firms
recent trsdings and discovered that II had
done little or nothing on the Exchange TOT
some time, 1t became evident Tat something
else than the recent market was responsible Tor
the failure, Pretty soon it began to be wtus-
pered around that thers had boena daialcaton
@ S0,s w nss ina sm and th. ,hs
was two clerks and the amount of tha dsiaoa- :
tlon had doubled and then the story oamo OF
series Of unfortunate spsoulat'ons 3y mem
bar OF tho firm without the knowledge Ol ul6
paf}nsf: r.. o,,n, ,,vo,v.a xa, .ss 70 b. In the
something OF the firms business said yestsr-
iThe nrm discovered thu, k was not making
any, money and couldn't account for IL. II
| finally deHlded 70 60 out OF business. and u
"s Yaps Ms1s sns sua %
Sl!ef lifse s%osns o; u. l!%,: ;:.,InS money q
an an .m5e.ziement, as the los.es we're mad,
by member of The nrln: When these lo.se. !.
ws dssGys.s ss 4 ss: Z: at 0nif
counts which the flnn had been handling.
s7t :. the SsUas t.ts var ics.
Some days ago there wa. rlnor abroad OF a
SaGa,Sn abs M the firm Spd tsn TssSF sssn.S ,SN, is
there was any truth in the story, Rewas asked
h1s 5 cl nsd an aHsPsnsa ess cRa e sSf nave
employ bad been caush. sing washed revenue
stamps an pocketing the money given 70 him
cheated The he Gcy.rnfnSnt. out u about .sod il
ss, wa he s 6gt saf 9Sds up the amount
isss' 'S and % the resords s Of he Stock Eychsngs
show TIA, charles 6 Grant was admitted on
was cutie coaspi:yoas, on the market, /, was
generally supposed to be handling the accounts
S...s sas aa of s ss i. .ShS hsn hss dSn. Ms
NJ; 4 SEssJ .i7 i,ssaI Yen sf: II:
| under,tsndine that be was Going 70 Newark
na Asw S tan nd sefs d hsT hs nsoe
! "Mr Van Sickle came home oas evening
last week very much w3rried and after dinner dinner
him Of this They had aCclsed two other men.
on Mr. Van sickle. Itold BIN to SEQ hIs LAWYER
sha, on he shd should aprePoe Po st th.m sh maze MAKE
a scap'soat OF him. lie asrccd with ne
he s' as not WG ta to the " ee Before
pSdy wli be al'sr them and rot after Mr. zen
OF course ne made. speculative irye;'nents
once in a while lut no always {, kel them
over with mo the nigh! bstGIe lie nSyeT Tas
eonId dsa bs in ap ap' 70 s 90 Do Whenever he N ide
! any Investments. - course. lie used our own
| money Mr. Van SICKLE went 70 Newark thl.
| morning 10 attend to some business for pIe
! and then he WAS 70 CO 10 New York. II de-
I nended upon how the business turned out
! whetAcr Ne was 20 staT In New York or come
| horne tonight He has not run away, lie
| IL NOT going TO run away. and before this thing
| |. over tie Grants will wish they could make
| Mr. Van Sickle returned 20 Elizabeth this
| evening he did not 20 10 III. own hose. but
| his v'lie received message from a friend In
! response to which she went out and 'dtned Mr.
| Van Sickle and Lawvc- Frank Bergen. his at
| tornev The Van Sickles decided not 70 return
! To- they home A young man, a relative Of Mrs.
| van Sokle. said after her departure !or the
! nj gh' that hs knew where Mr.. and Mrs. Van
! Sickle were staying. but wouldn't tell where
| that was He had lighted every room In the
| house IL had teen dark earlier
! 81 don't want the place 20 look like funeral
| he said
| were in consultation with the Elizabeth police
! tec,ive Valley Immediately after their ar
! riyai an Lllzabeth detective hecan seeking al
: through tie hotels and boarding houses in
/ town
! The Van Sicies' horne Is y large and thor
/ ouchl, comfortable one. Thev have becu
! married scvcuteon wears and have four chui-
! ron, the oldest Of whom is girl is or 10 years
4 old
| Van Sickles aunt Maria, an eccentric sr'-s-
! ter died IN March isa0, IN Newark, aid lof'
! him IrGrticllly all - her sy. 900 estate The
4 will wls disputed. but was su.tnined in ihe
4 nrrhnn Cour, An nnneol is rendinp,