New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-27
ON TRACK OF S25O,OOO
GLOBE SECURITY FUNDS.
Woman in RothSchiLd'S Confidence
Said TO Kno1c Where 1t Is.


Information brought to Mr.. Kresers nodce yes
terday and further verified in reports received oy
Myers & Goldsmith, counsel for creditors or the
Globe Security Company indicates that woman
in the Rothschds confidence knows the "heIo
abouts OF at least $3.50 COO The money Is SAID 10 De
on deposit in a bank beyond the jurisdiction OF the
local courts. The woman is now thought 10 De De
yoad the reach OF District Attorney but with
IN the jurisdiction Of the United States Dlstrlct
Court and arrangements have beer mace 10 place
her under arrest in default Of any response to a
subpoena issued for her.
II an, confident that 4 certain young woman can
tell Us the whereabouts OF considerable money
which passed through Louis Rothschilds hanos,
Samuel J. Goldsmith said last night. Louis Rotn-
schild and Miss Carrie Adams, in whose company
he had frequently been seen Of late. have SO 1ar
successfully evaded or deled deputy marshals and
others who have sought to compel thei- appearance
in court. Although a process server is conhoeht
that he served Miss Carrie Adams last week. she
did not respond to the summons. Louis Rothschlio
Is not in Atlantic City or Philadelphia where ne
was last heard Of
Evidence adduced IN the examination OF MISS
Catherine Heaney. the cashier Of the company
disclosed the fact that the firms Of ). Gould d
Co" CLARK & Barrett well as The New
York Real Estate Company all occupied the same
suite OF Offices on the seventh floor OF the American
Tract Society Building as the Globe Security CON-
pany H G Brewster, counsel for Receiver Mcheen
IS inclined to believe that officer frequently rep
resented all these companies and the Globe Sc
curity Company y. Gould" Of j. Gould d Co.
which figures in the directory as brokers, No 80
Nassau-st'' is said TO have been one OF Treas
urer William Muirheads clerks
The grand jury considered the two charges on
which David Rothschid IS held. several witnesses
being examined II indictments found in these
cases. and Rothschild fights. other indictments may
be found.
On the petition Of Samuel C. Kelly. secretary Of
the Globe Security Company. through Black. Oh
colt Gruber & Bonynge. Judge Holt yesterday
granted an order 10 show cause why the hearing
the involuntary petition before United States
Commissioner Alexander should not be set aside
for lack OF jurisdiction The order, which acts as
a stay is returnable on Monday.
In Kelly's position IL is urged that the court has
Jurisdiction over the company's affairs because
Il has been engaged IN banking business. 1t is
stated that the court cannot adjudicate the
pany a bankrupt for any cause whatsoever II not
being engaged in any OF the businesses pur-
suits mentioned in Section OF the Bankruptcy act
Miss Heaney. who has been threatened with
tempt proceedings because Of her unwingness 20
disclose the combinations Of the Globe company's
safes. and who too I'll to appear at Mondays
hearing. placed the stand yesterdays
hearing, q physician appointed by Judge Holt
porting her physically able 10 testify. woman
served the subpoena her. Judge Holt said 1t
seemed to him that by the destruction Of the
memorandum after the service OF a subpoena Miss
Heaney showed that she did not intend 10 tell the
combinations OF the safes. His suspicion that
she was directed 10 destroy the paper DIV some OIL
Ger Of the Globe Security Company TO conceal
the contents Of the safes.
Mr.. Waite. counsel for Miss Heaney, asserted
that his client had innocenty destroyed the paper
Judge Holt turned the contention Of counsel that
the subpoena had been improperly served on Miss
Heaney over TO Examiner Alexander. who viii ad-
judicate the service Of the subpoena and the
question Of Miss Heaneys intent in the destruction
OF the memorandum.
On the witness stand Miss Heaney said she last
ne fog OuF rI17- -bor.
opened April Is. the day the Sheriff took charge
Of the Offices. She thought the safes were locked
on Friday evening. Although she had been cashier
for three years she did discover that the safety
vault was made Of tin until il became known after
the collapse. There was reason for her going TO
the vault, she said.
Miss Heaney declared she did not know about
money being paid FOR the changing OF the combina-
tons Of the safes She did not give the KEYS TO
Mr.. Murhead al the time OF her discharge. She
did not know that the books Of the company were
put in the safe on April Is. She did not remember
whether she had paid money or countersigned
checks payable TO Joseph Martin. rs counsel of the
company. She did no business with the Federal
Bank Or the Equitable Bank. She had heard OF
Martin through the Globe Security Company, and
had seen him in the presidents Office.
After saying she didn't know whether the COM
mitted that did business with the Guardian Trust
Cimpany- She remembered talk about the drawing
OF check on the Guardian Trust Company.
She directed to appear on Thursday morning
about the combinations Of the Safe
IN the time the StcnOgra phic notes Of Miss
/ EEeaney'S testimony Will have been transcribed and
presented 10 Judge Holt for action on the motion
to punish the for contempt OF court
Nj BOnvnge Informed Examiner Alexander that
il was understood that Assistant District Attorney
. Kresel knew the. combinations Of the safes. and
III such was The case the Information sought from
/ the girls could be otherwise obtained. Nj Meyers
replied that Re- did think that the District At
toiney could be compelled to disclose the combina-
lions OF the safes and that the proper way was to
. them from the employees.
/ Assistant District Attorney Krescl said re had
/ received a telephone message from the receiver
Of the Globe Security Company asking him to give
him the combinations Of the safes. which were
/ found IN RCthschuds tin box when his apartments
wore searched M Erescl told the receiver 10 call,
but he did not. . - =, q,
When David Rothscnild. on May %. 1903, applied
70 Superintendent Kiburn for permission to open a
branch Of the Federal Bank in Grand-st- 1t was
refused Superintendent Kilburn I'm person con-
Quoted rigid examination Of the main bank. a.
No $50 Broadway He made 1t clear that he did
not like the hackers Of The bank. and that he
f would permit privileges save under the most
rigid conditions that the law would permit him TO
enforce. Should the hank comply with two condt-
! tions laid down however he would have no dis
erection but grant the application. The condi-
/ lions that surplus OF $4,000 should be
created. and that another examination OF the bank
! should show IL TO be 4 paying basis. The eN-
! animation was held, the bank shown TO be making
ruoney, SO 600 paid IN in cash and the branch
/ authorized. At this time II is reported, Frank IL