The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-06-06
LOST S56,OOO AT ROULETTE.
THTS DISCLOSURE FOLLOWS A. FIELD.
STEIN 4 CO.'S FAILURE.


A sequel to the recent failure OF A. Field
stein 4 Co, who did a large business In the
importation of raw silk. Is the discovery that
Arnold Feldstein, head Of the firm, had lost
many thousands Of dollars in the big gam
bling houses of the city In the months just
prior 10 the collapse OF his business. Field
stein. according to his own admission. made
most of his losses playing roulette. and also
by his own admission. Dick Garfield, Davy
Johnson. A. c. Maynard and 4. Hallenbeck
added to their bank rolls" a large part OF
the money so lost. At least one suit has been
begun against the repIted keeper Of a gam
bling place for the restitution of the money
Feldstein saws he Sauandercd there. Other
suits may follow.
Fe!dstein's place OF business was at Al Mercer
street, A meeting of the firms creditors was
held yesterday az "a william street. the ofice
of Referee in Bankruptcy Ernest Hall. The
schedules showcd liabilities of ss72,s'7. and
assets of sl05. e36. Nine claims, amounting
to about 34}j.O1o were fled, Blnmenthal h
Hirsch presented two claims amounting to
$3.50 Of E.. Zellweger 4 Co. OF Basic. S~itz-
erland. +. b. Slade, attorney for Mrs. Field
stein and other relatives onliactAd TO these
claims on the ground that Zellweger was a
va eic vi PciuebtAht uHu llV V'N'SS s"'c
Mr.. Slade until Thursday to file aridavits in
support OF his objection. No trustee was
elected and the meeting was adjourned until
a decision is made on the admission of the Zell-
weger claims.
Feldstein has been undergoing an exam.
ination in bankruptcy BY Blumenthal & Hirsch
as attorneys for Charles NJ. iiough, receiver
Of Mr.. Feldstein's property, The testimony
disclosed that Feldstein lost large amounts
Of money during the past few months in gam
bling. Feldsteln paid his losses by checks,
which went through his bank in the regular
way, MIR, Blumenthal surprised Fcldstein by
Offering in evidence thirty. checks, all OF which
Feldsteln admitted he had given for losses at
is $50, 7l8. This amount. it is said. represents
only a portion Of his losses in this manner.
or the checks seventeen are to the order
of A., G. Maynard. aggreeatng s24, 7O4. at vari-
Gus dates from Aug Is, 1880, to April IS, 1900.
Asked. where Mr., MAY nard, place is Feldstcin
but the house is N Fort, -toarth street, West
Sixth avenue"
Three checks, aggreCatng So 87 are to the
March 20 for 81, $50 and April - for 81 500. Two
checks To the order OF u ". Bucklin aggre-
gate 3, ees. They are dated April for s3972
and April 90 for s., $40. Asked who Bucklin
Is he replied Same a. Garfield.
q What do YOU mean, II isn't the same man1
A. No, IT Is not the same man; II il his part
q. You mean it was the same concern A..
Yes. sir.
To other questions Feldstein said that
he gave the checks for losses AZ roulette at
the same house. s East Forty-fourth street.
Two checks for 81. i9s are to the order II
4. Hallenbeck, dated Oct. 10, 1899, for s2,1S2
and Nov. = for si,7l6 He said that Hanen-
beck kept a place on Forty-iourth street. Two
checks. aggregating s3,7ll.. are 10 the order
OF David {. johnson, dated Dec. -. 1890, for
sl,05+ and Jan. o, 1900, for sl.I5I. He said that
JOhnson'S place is on Forty third street, be-
tween Broadway and sixth avenue. Four
checks, aggrcgating g. t8s. are TO the order
of William Johns. dated Jan. 10 for $500. Jan.
20 for 81, 800. Jan. rs for sl,ojl, Feb. 10 for
sl.el7.
q. Do YOU know who william Johns is?
A. | don't know who Johns Is. | know what
l gave them for. 1t was a place in Twenty
sixth street, near Fifth avenue.
U. Given for losses at roulette? A. Yes.
sir.
@ How did you come to draw them to the
order Of William Johns? A. They told me to
draw them in that way.
q. The man behind the wheel2 4. No, the
man AZ the cashiers desk, or some one that
stood around,
Mr.. Humenstrel said yesterday that he
had brought suit against Garfield to recover
the amount lost in the %latter's place. amount
ing TO more than 1900. under the statute
providing that money lost in gambling can
be recovered il suit il brought within three
months from the time of Its losing.