The Providence news. (Providence [R.I.]) 1891-1906, 1901-08-01
HIS FORTUNE
and HONOR
All Depend on SchuIthsIs' Pho
tograph Of Contract.
ORIGINAL PAPER IS MISSING.
accused Of Taking $400.ooo- Hs Makes
Grave Charges Against Leopold Sthspp,
His FMmM EmplsysL
ORIGINAL PAPER IS MISSING.

New York. Aug 1.--Christian w Schulz
theis. who is suing Leopold schcpp. a
wealthy cocoanut importer and well
known Wall street operator. In the SUI
preme court, Brooklyn, for $50. 00O. and
who is accused by Mr.. Schepp OF having
misappropriated securities valued at
about 100000. is glad now he was an
amateur photographer.
He declares that the contract with Mr.
schepp under which he was drawing Is
per cent. of the profits OF the cocoanut
business was abstracted from documents
he left In Mr.. schepp's safe when he was
taken i'll on Jan. 8 of this year. and that
he would be without defence against Mr..
Schepp's charge had he not long ago.
while indulginG his fondness for the
camera, taken a snapshot of the con-
tract.
When he could not find the agreement
among the papers returned TO him by Mr..
Schepp after his illness he was at a loss
Then he remembered the photograph he
had taken in an idle moment years be-
fore.
He rushed to the laboratory OF his
handsome home at Seventy-fifth street
and Second avenue. Bay Ridge, and began
a feverish search among his old plates.
One by one he examined the plates. and
finally. in "A heap of rubbish. he found
the one he sought.
FINDS OLD NEGATIVE.
He looked at IL closely. his heart in his
mouth. to see IL II had been damaged.
Then he struck a proof from II. and there
before him, he declares. was the counter
III
and his fortune depended.
The photograph and the precious plate
were Immediately placed In the hands OF
his attorney; w; L. McCorkle.
MIR. Schulthels makes some serious
charges against his former friend and en-
ploycr He declares that threat of ar
rest was necessary In order TO make Mr..
Schepp return TO him United States bonds
schepp's safe when Schultheis became
ill.
:, srhepp wants 10 find the MONEY
he says he has lost" said Mr. SchiIltheis
Yesterday. "hc had better look for IL I'm
Wall street The allegations he makes
IN answer TO my complaint arc utterly
false and are inspired NY malice. IL
they were not would be sinenable to
tho criminal law. and he would have me
I'm jail. ] have brought suit against Mr..
Schepp' for about sssooo, the amount rep
resenting money due me under contract
from the prohts OF the business and
money ! advanced Mr.. schepp TO pay his
Wall street losses. The money ! ad-
yanced him amounts 10 about ssncoo
Il was in the schepp concern for
tventy-eight years Ur TO tsas there
vas verbal agreement between us un-
der s. Which 81 reesiysd !, e s... OF os ,ss
are quite large. In july II ls% Mr.
schepp was about to depart for Europe,
and 7 had our agreement drawn up as
regular contract and signsd.
I'm the meantime Mr. schepps Wall
street ventures we're net at all successful
He was losing money. and things we're
psy 0Sn no es osse. and and st mo p prats stand
He owes me sso, mn profits "a veil az the
money 7 advanced him
SAYS lie MANAGED BUSINESS
II managed the entire cocosnut bust
ness for him since 1851, he devctins all
his time 10 Wall street and sauanderinE
the profts there vas still n1anarirg
the concern when | vas taken III with
typhoid fever on Jan Of this year,
was delirious end Unconsctous for manS
days, and while was in that condition
and was g-ven up FOR dead BY the physi,
clans Mr. Schepp called az my house and
dema nded my private papers. My moth
er refused to let him have them.
The contract Itself was in the strong
box Of Mr. Schepps safe. With u vere
other private papers and about Nftsen
thousand dollars In United States bonds.
After my recovery made demand upon
Mr.. schepp for these. lie did not Ety.
this year had 10 get out an order Of ar
rest When faced with this Mr., Schepp
surrendered the bonds and papers. but
the contract was not there. ] remembered
an old photograph of the contract. and l
hunted up the plate. | found IL and IL is
now in the possession OF my attorney.
u is not the only evidence OF the contract
In o,lr nossession. however Mr.. Scheup
had drawn a rough peucil draft OF the
contract and this found torn in pieces
in his waste basket J picked II up ana
-sff Aax-
Mr. Schultheis said he intended bringing
a suit for libel against Mr.. Schepp.