The times. [volume] (Washington [D.C.]) 1897-1901, 1901-05-04
THE CREDITORS NUMEROUS
Many Persons Affected by the
Rogers Company Failure.
branch Offices Were Conducted by
che Collapsed Firm in Various
Parts of the Country-ProceedtnE
to Recover Invested Money Begun.

NEW YORK, May 3.-Deputy Sheriff
Silas Strauss. who is in charge of the
offices of f. A. Rogers Il CO., incor-
rorated. a concern doing a business in
the stock brokerage line, which had
many ramincations within a radius of
300 miles Of New York. received a teie-
gram today from G. a. Baldwin. The
latter was the head of the New York
office at IS Wall Street until tie concern
suddenly ceased doing business yester-
day. much to the discontinue of its
many creditors.
The telegram, which was dated "Bos-
ton. May g." asked Deputy Sheriff
Strauss to suspend action on the at
tachment, as Baldwin was coming on
from Boston at once. All that the
sheriff had found to attach was very
modest equipment of office furniture.
Not cent of money was discovered.
In fact. the FIRMS bank account was
overdrawn 1895. The sheriff sealed up
the safe, discharged the employees of
the concern, and put night and a day
watchman in change of the office.
Thus far. only two attachments have
been issued, one for 81, 1,674, the plaintiff
being Henry s Falco, and the other
81 .e93 the plaintiff being Andrew H.
Kellogg. a number of anxious credi-
tors, however, appeared at the sheriff's
office today, among them being J. w.
Riddle, jr.. of the United States Treas
ury Department, Washington, who said
that he and friend had got together
81. 100. which they had entrusted to the
Washington agents of the firm to in
vest in Southern Railway and American
Steel
They did not intend to speculate on
margins, hut to buy the stock outright.
Since they handed over their good
money they had heard nothing and got
nothing from the Rogers concern, Mr..
Riddle said, and he had come on from
Washington TO find out what was
wrong. He went back this evening
coasinced that pretty much everything
was wrong. but not seeing exactly what
he was going to do about it.
DIR. ]. W. Simpson. a dentist of this
city. was another of the sheriff's callers
today. The doctor said he came on be-
half Of his brother-in-law, a Mr.. Bau-
mann, whose balance sheet of dealings
with F. A. Rogers & Co. showed him to
be $3.50 ahead. But he had seen moth
ing of the $500, and wanted to know,
Still another enquirer was a lawyer
from Allentown, Pa. who said that he
represented a claim OF some $780, like
wise profits The lawyer said further
a.
recently. two agencies in Allentown,
but latterly their business had been
conducted exclusively by the firm of
Moratz & Co. Two checks endorsed by
the firm. he said had come back to Al
lentown protested. In Slatington, Pa,
about fifteen miles from Allentown,
there was another agency of the Rogers
concern that was conducted by Bar
thclnmew & Co.
Deputy Sheriff Strauss said he might
delay further proceedings twenty four
or forty-eight hours to see if Baldwin
materiaiized and what he had to say.
Rogers &. Co. had agencies in all the
towns of any size on Long Island, as
well as in Connecticut towns along the
Sound. In Jamaica, l. l.. number of
persons suffered severely by the col
lapse and James n Seaman and Rob-
ert McRobinson have begun proceed
ings for the recovery Of money.
1t is believed the concern did also a
rather heavy Southern business, as tele-
graphic enquiries from some of the
Southern States are beginning to come
in. One. customer in Georgia wants to
know about $500 due him.