The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1904-05-01
Warrants are Out Charu-
ing Grand Larceny.
CAREER OF WOODEND
With the Main Office at New York and
Many Branch Offices Outside the
Firm was Supposed to
be Doing a Big Bust
ness.
(By the Associated Press

New York, April ga deputy
sheriff today took possession of tue
office of Woodend & Company. menu
bers of the Consolidated Stock cx-
change, on an attachment for S4.S1S
lii favor of Harry G. Johnston who
held judgment for that amount.
THE firm of Woodend &: Comi,n. ~"
said President Randolph, of the Cor =
solidated exchange. today is co.,
posed solely of DR.. w. f. Woodc1tl.
l.. j. Bruch, who was the malager of
Woodend q Company, is Il remoer
of the Consolidated exchange, buS ne
has no financial interest in the finn
of Woodend & Company and can..ct
be held responsible for their debts
Bruch severed his connection with the
firm a week ago. Woodend, although
a member of the Consolidated ex-
change, seldom was on the floor. What
business he transacted on the ex-
change was through brokers'"
Up to few days ago the firm had
extensive wire connections to branches
in various cities, and it was gencr-
ally supposed to be doing Il large
business. 1t was said today that sew
eral attachments against Woodend &
Company had been issued. T.. II.
GodWyn of Petersburg, Va, says the
firm owes him more than $4,000 ;,nd
that he obtained a summons for
Woodend some time ago but didn't
serve it, He said further that Wool
end was to have met a number of
creditors yesterday but failed to do so.
DR.. Woodend abandoned the pGdo-
tice ot medicine nearly four yea rs
ago and about that time became At
member of the Consolidated exchange.
An admirer of fine horses, DR..
Woodend became prominent at SOW
eral horse shows having thir1V. six
entries at the National Horse Stow
at Madison Square Garden last Nc
vember. and he was twelfth on the
list of winners. Reginald Vanderbilt
being the thirteenth. He was prob
ably the most prominent exhibitor
at the Long ranch horse show.
Recently twenty of the WooIcnd
horses were sold at auction for "a ag-
gregate of $11,650.
Armed with warrant for the al
rest of DR.. w. T.. Woodend, an Off
Ger visited the Woodend residence to-
day and searched the house but found
no trace of DR.. Woodend Mrs. Wood
end said:
My husband is very ill., and will ap-
pear in due time. | viii say no nuIe
at this time"
Wnen the pdlToIildn reported mat
Woodend was not at his home Assist
ant District Attorney rotel said ,hat
Woodend was now a fugitive from
justice, a warrant having been issued
for his arrest on the charge of grand
larceny. He believes that the broker
left his home last night or early to-
day.
Abraham Gruber was today APP
pointed temporary receiver of Wood
end & Company. ,,
The more important out-of- town
offices of the firm are in Chicago,
Philadelphia. Richmond, Washington.
Newark, Atlantic City, Bridgeton, n.
j., Rochester. WATERFOWL. Utica. Os-
wego, Ogdensburg, Babylon, South
ampton and Patchogue.
Mr.. Grueber appointed James C..
Lenny as his counsel. and the latter
took charge of the Woodend Offices
Later Mr. Lenny said that although he
had made only II superficial eXamina-
ton of the firms affairs, he thought
its liabilities would reach at least
100000. and that it was probable
they might exceed 100000.