The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-04-09
BANKRUPT GAMBLER
MUST PAY HIS DEBTS
Alleged to Have Spent About
$4,000 a Year.
Federal Court Refused to Release Arnold
Feldstein From His Ss7z,s79
Liabilities.

NEW YORK. april s.-Through a de-
cision handed down yesterday by the
United States Circuit Court OF Appeals.
the application CT Arnold Feldstein 10 be
discharged in bankruptcy and released
from S972. S7s Of debts is denied. The court
holds that Feldstein made his application
with fraudulent intent"
Feldstein was a silk merchant al Il
Mercer Street His downfall was attrib-
. uted 70 his gambling propensities- he
was a heavy player in Richard Canfeld's
place. In East Forty-fouTth Street. and in
Alonzo c. Maynard's establishment. n
West Forty-f0urth Street But now, when
his testimony IS desired in an action 70
recover about 81. 600 from Maynard. Field
stein cannot be found. He is known to be
in Europe, but cannot be induced 10 cone
back and testify for his creditors
Seldom has il been that the United
States Circuit Court Of Appeals has rem
dered such a decision as that Of yester-
day Feldstein is denounced FOR abstract
ing money from his business 10 pay his
gambling debts. The court holds that
this money rightfully belonged to his
creditors.
Feldstein fled a petition in voluntary
bankruptcy on May Z, ls0o. he gave his
liabilities as 1912 S9z and his assets as
Sl95, 1856 The creditors made every effort
20 prevent him from receiving discharge
from his debts. and former Judge Ernest
Hal was appointed a referee ia bank
ruptCy. AIr. Hall decided against Field
stein. as did the United States District
Court Then Feldsteln's lawyers carried
the case TO the United States Circuit
Court OF Appeals. Now comes tne latter
court with a decision. il which il says;
According 10 the report Of the referee,
Feldstein had an Indebtedness over his
assets on January 1, 1855, Of mere than
1000 by December 81, 1895. this haa
been increased 20 S175.o G9; By December
81. 1898. 10 more than $3.50 G60 and on May
Z. 1900 20 over $500. COO. In addition there
we're debts IN his family OF fully $50 600.
From September 10, 1855, 10 April H. 1893.
the petitioner was hOpelessly insolpent-
vet in that period he lost in gambling
houses in New York al roulette. faro. and
other games OF chance more than SI60. coo,
and paid this sum out Of money drawn
from his business, as weN as about So, goo
which he lost in stock speculation Know
ing he could not meet his obligations. De
turned to gambling and stock specui8-
iation in hopes az retrieving his lessee,
but went from bad TO worse and rapidly
used up his assets and the money OF his
creditors
Referee Halls report then showed that
Feldstein was habitue OF Garfield
gambling house and other places OF the
same character. The records show that
in April 1900. he paid out SO SOC i'm checks
for gambling debts one was for 1852
and payable 10 Garfield This payment
vas made a week before Feldstein sled
his petition in bankruptcy and on the day
he consulted his lawyer about Sling she
petition. AIonZO c. Maynard, when called,
refused 10 testify about keeping q gam
bling house in West Forty-fourtn Street,
because. his testimony might lend % in
eliminate and degrade him"