The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-05-05
MORRIS LEAVES
LOS ANGELES
Former Salt Laker Creates Stir
in California.
CALLER IN MINING EXCHANGE
TWO STORIES ARE TOLD RE
GARDING DISAPPEARANCE.

( {TYHAT has become Of A. L. Morris.
! w well known in Salt Lake as the
organizer of the old Utah stock
exchange; more recently organizer and
/ official caller of the Los Angeles ex-
! change? A Los Angeles paper of last
Friday states that Mr.. Morris suddenly
/ disappeared Thursday, leaving a num-
Der OF brokers bewailing his absence
and the loss OF money alleged TO have
been dropped through deals conducted
by him It IS stated that charges of
crooked dealing nave been made against
him in more than one instance. and that
l no one knows where he has gone
Another paper of the same day tells
/ another story In it it is denied that
| MI Morris ran away leaving any one
! loser on account OF his actions. Every
| alleged questionable deal is explained
| and. il is asserted. that the mining
/ man is guilty of no crooked work. It
! Is further declared in the latter paper
/ mat he came to Utah and is going to
! st. George to expert A mine. then will
go to Arizona to do similar work.
New Man as Caller
] According to the first account. when
/ the Los Angeles exchange opened on
] Thursday morning there was a stranger
/ occupying the callers pedestal. In
! curry, it states. resulted in the infOrma-
/ ton that Norris had disappeared and
J the secretary Of the exchange is quoted
| as saying that he knew nothing of his
! Whereabouts. a number Of stock bro
/ kers, it is alleged. were complaining of
| losing money through deals engineered
1 by Norris and others were declaring
/ that they had purchased stocks from
/ him that were never delivered.
The cha rgrPes made bv his clients yx-arz
/ that he sold stocks and collected the
| money for them, whether he had the
! stock to sell or not. One party claimed
| that Morris and a companion had in
] duced him to purchase 200 shares of a
! certain stock Morris. he said had
given him 100 shares, but explained
| that he could not deliver the certifi-
! Gates for the others because they had
: not been signed.
/ It is asserted that Morris collected
for the 200 shares took back the 100
| shares he delivered. on a pretext of en-
tering the whole amount on the books
I at once, then disappeared. The PUr-
chaser claims that he made Mr. Nor
RS partner make an affidavit about the
ownership of the stocks and forced the
/ company to cancel the old ones and is
sue new stock to him.
Collected Office Rent.
Besides this. it is set forth that Nor
ris collected rent from A man having
an office in the exchange building, when
he had no authority to do so. The
( story SAYS that when the renter asked
! Tor a receipt from the secretary it de-
| Veloped that Norris had not turned in
the money The story states that Mr.
/ Morris partner also lost money through
his Disappearance. and that ne was kept
busy all Friday afternoon pacifying
lTate customers who claimed to have
lost money on questionable deals
In another paper N. y. Buck. part
ner Of Mr. Norris denies all these
charges and says the statements are
absolutely without foundation He as
serts that Norris never disappeared at
all. but resigned his position with the
exchange at the last official meeting
We all know where he is" Mr.. Buck
IS quoted as saying, and if any one
says there is anything crooked in his
action he states what is not true. He
resigned his position with the exchange
several days ago TO take up his old
work of examining mines. That is why
ne is out Of town now. but he Will be
back. He owns property here and in
tends to make this his home
To Examine Utah Mine.
According to Mr. Buck. Morris left
to go to St. George, Utah. to examine
a mine: then he intends to go to Ari-
IONA. where he viii look over some min
ing properties before returning to Los
Angeles. He asserts that he knows
Morris to be perfectly honest and de-
! clares that those who are making
charges of crooked dealing are simply
bowling because they cannot take a
legitimate loss as other brokers do. Mr..
Buck denies that he lost anything or
that he or any mining company had to
make good any stocks that had been
sold and not delivered.
He admits that Morris collected rent
from a renter, but asserts that the re-
ceipt was asked from the secretary be
fore Norris had time to turn in the
money, which ne did turn over in full
Further than this, he asserts, that the
caller was perfectly conscientious in his
| advices to spectators and lost as heav-
lily himself as any one Of them.
! Norris first came into prominence in
Utah when he organized the Utah ex-
/ change that ran in opposition for A
time to the Salt Lake stock exchange.
After the former was. purchased by the
latter he became prominent as a min
ing promoter. He was interested in
numerous deals and is known all over
the state. He also organized an eX-
z