The times. [volume] (Washington [D.C.]) 1897-1901, 1901-05-04
THE CREDITORS NUMEROUS
Many Persons Affected by the
Rogers Company Failure.

Brnnch Offices Were Conducted by
the Collapsed Firm i'm Various
Parts of the COuntry-Proceeding
TO Recover Invested Money Begun.
NEW YORK. May 3.-Deputy Sheriff
Silas Strauss. who is in charge of the
offices of f. A. Rogers q Co, incor-
porated. concern doing a business in
the stock brokerage line, which had
many raminCations within a radius of
300 miles Of New York, received a tele-
gram today from G. \. Baldwin. The
latter was the head of the New York
office at 3S Wall Street until the concern
suddenly ceased doing business yester-
day. much to the discontinue of its
many creditors.
The telegram, which was dated "Bos-
ton. May I" 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
the safe, discharged the employees of
the concern, and put night and a day
wstchman in charge of the office.
Thus far. only two attachments have
been issued, one for S1,674, the plaintiff
being Henry S Falco. and the other
81 09S, the plaintiff being Andrew H
Kellogg. a number of anxious credi-
tors, however. appeared at the sheriffs
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. 400, 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
convinced that pretty much everything
was wrong. but not seeing exactly what
he was going to do about it.
DR. J. ". 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. Bsu-
mann, whose balance sheet of dealings
with T. A. Rogers & Co. showed him to
be $3.50 ahead. But he had seen moth
ing of the $3.50, and wanted to know
Low
from Allentown, Pa. who said that he
represented a claim OF some 500, like
wise profits The lawyer said further
more that f. A. Rogers & Co. had, until
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 10 Al
lentown protested. In Slatington, Pa,
about fifteen miles from Allentown,
there was another agency Of the Rogers
concern that was conducted by Bar
tholonaew & Co.
Deputy Sheriff Strauss said he might
delay further proceedings twenty four
or forty-eight hours to see if Baldwin
materisIized and what he had to say.
Rogers 6 Co. had agencies in all the
towns Of any size on Long Island, as
well as in Connecticut towns along the
Sound. In Jamaica, /. I. a number of |
persons suffered severely by the col
lapse, and James a. Seaman and Rob !
ert McRobinson have begun proceed |
inss for the recovery Of money.
1t is believed the concern did also
rather heavy Southern business, as tele-
graphic enquiries from some of the
Southern States are beginning to come
fn. One. customer in Georgia wants to
know about $500 due him.