The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-08-26
LUTHER CASE RELEASED
VICE PRESIDENT OF INSOLVENT
IRON AND BRASS COMPANY Sc
CURES BONDSMEN
CHARGE AGAINST HIM SERIOUS
Union Bank Authorities Accuse Him
of Obtaining Money on What
They Say Were False
Pretenses.


president and treasurer of the Capital
City Ornamental Iron, Brass and Wire
Works, was released from the county jail,
where he had been confined during the
afternoon, on a bond of 5000, given by
Philip Herzog, Of the Roberts Ornament
tai & Architectural Iron company, and
Ulmer Norman, of the st. Paul Furni-
ture company. AS has been stated In
these columns, the young man was ar
rested upon complaint of the Union bank
for making false oaths in order to OBJ
tain loan of $1,000 nearly year ago.
At that time he was introduced by parties
of the highest standing, and upon the
showing made on the company's books
ne was entitled to a loan Of several times
that amount.
Lately a deed in trust was demanded
by the bank in order to secure their risk.
AS 1t was refused, an investigation was
made, with the result that the county
attorney readily issued an order for
warrant.
1t Is claimed that ostensible assets have
been carried on the books, consisting of
unpaid bills, contracts about to become
due, ETC., which have been assigned and
their value collected, which amounted to
row money. One case in instance is that
of a sum of $500 odd, which was said
to be due from the Great Northern Rail-
way company on g. contract 1t was
found that no such amount was due the
wire works upon inquiry at the auditors
Office
When seen at the jail, Mr. Case abso-
lutely refused to make any statement
bearing on the tangle into which the COM
pany's affairs have run. Said he: II don't
care to talk at present. My head Is so
muddled up with the events of the last
few days that it Is not best for me to
make any statements"
The president of the concern, Mr..
Schuldt, also refused to either deny the
rumors that are afoat CT to confirm them
in any particulars.
It has been ascertained that all the time
the sheriff and his deputies have been
searching for Mr.. Case he has been with
in a few blocks of the court house every
day, and each night, except Thursday, he
has taken the Burlington motor and re-
paired to his home on Summit avenue, in
st. Paul Park
Through the papers Mr.. Case learned Of
the issuance of the warrant for his ar
rest and as soon thereafter as he had
provided bondsmen he walked into the
municipal court room and surrendered
himself to the authorities.
The arrangements that had been made
about the bondsmen were disturbed, as
Judge Hine Immediately, upon his waving
examination, sent the case to the district
court which made the conditions Of the
bond a little different.
During the afternoon Judge Kelly con-
sented to hold a special session in his
chambers, and Mr. Case would have Sc
cured his liberty at that time, but when
the court required the complaint to be
&ho4 =
Saturday afternoon, Clerk Rogers had
closed up and gone home. Judge Kelly
came down in the evening, and as far as
the criminal side of the affair is con-
cerned Mr.. Case is simply bound over to
await the action of the grand jury which
meets on the 1st of October.
In the meantime Judge Otis had un-
dertaken the civil side Of the case.
Three-fourths of the creditors of the
company, in the name of John Grant,
filed petition for an order requiring the
defendant to show cause why a receiver
should not be appointed to close up the
money transactions of the company
Attorney Gardiner, for the defendant,
put up a brisk fight in the attempt to
defeat the application, at least delay
it, on technical grounds. He made the
point that when Deputy Sheriff Marks
attempted to serve the summons on
Schuldt he was not at home, but that the
papers were served on Mrs. SchuIdt at
the house of neighbor on WhitalI street
When the matter was investigated AT the
sheriff's office it was found the service
mad been as stated, except that not long
thereafter Deputy Dahl, realizing the
mistake that had been made went to the
residence a second time and found Mr.
Schuldt at home, whereupon the papers
We're properly served
Attorney Gardiner, when question
ed, asserted that he knew absolutely
nothing about the Preserving Of
the papers last night, and be-
1eVed the whole story to be a fabrica-
ton He wanted an opportunity to pre-
pare affidaVits, but it was denied. and
the court granted the application.
samuel Sewell, credit man for Nichols
o. Dean, was appointed receiver by Judge
Kelly, and the bond placed at IS 500
winch Is the alleged amount of outstand
Ing debts. Jesse A. Gregg was one of the
bondsmen.
1t is alleged that one item upon the
DOCKS carries within 1t $4,000 credited to
raw and manufactured material TO-
gether with unfinished contracts To
offset part of the amount, So 900 is charged
10 the good will Of the parties dealing
with the concern.
During the course of the afternoon
maurice Auerbach, president of the Union
oank, whose cashier, Herman Scheffer
brought about the action, called unon
Judge Kelly in his chambers to copfar
with him about the tangled affairs of tha
1nsolVent concern.
Mr.. Case has resided in st. Paul for
five years. Iva