Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-04-29
IN SHER|FF'S CHARGE
Woodend & Co.'s Broker Office
Closed on Attachment.
HAD MANY BRANCHES
EXTENSIVE WIRE CONNECTIONS
TO ALL POINTS OF COUNTRY.
Statement of President of Consolidated
Exchange-Ehect Of Suspension
Branch Office in Washington.


Woodend & Co. members Of the Con-
soidated Stock Exchange. on an attach
nIent for si.sfs in favor of Harry c. john
ston. who held Judgment for that amount.
The firm of Woodend g. Co. said
President Randolph of the Consolidated En-
change today. is composed solely of DR.
". E. Woodend. L. j. Brueh. who was the
manager for Woodend & CO.. Is a
member of the Consolidated exchanges. but
ke had no financial interest In the firm of
Woodend & Co., and cannot be held
Responsible fer their debts. Brueh severed
Els connection with the firm week ago.
Woodend although a member OF the Consol-
dated Exchange. seldom was on the floor.
What business he transacted on the ex-
change was through brokers'
Had Extensive Wire Connections.
Up to a few days ago the firm had ex-
.ensfve wire connections to branches in
various cities and 1t was generally supposed
to be doing large business. 1t was said
today that several attachments against
Woodend & Co. had been issued f.
II. GOODWIN of Petersburg. Va, says the
firm owes him more than $4,000. and that
he obtained summons for WOodend some
time ago. but did not serve it, He said fur
Their that Woodend was to have met NUM-
Der of creditors yesterday, but failed to do
so.
At the home of w. E. Woodend, who is a
physician, it was said that he was too Ill
| to any one except his physicians and
intimate friends The attorneys for the
| firm promised to issue a statement later In
the day.
DR.. Woodend abandoned the practice Of
medicine nearly four years ago. and about
that time became a member of the Consol-
dated Exchange. Branches were at first
established in Chicago. Philadelphia, Wash
ington, Newark, Syracuse and Rochester.
with private wires, and subsequently
| twenty other branches were opened in vari-
Gus parts of the country.
Admired Fine Horses.
An admirer of fine horses, DR.. Woodend
became prominent at several horse shows.
having thirty-six entries at the national
horse show at Madison Square Garden last
November. and he was twelfth on the list
of winners, Reginald Vanderbilt being the
| thirteenth. He was probably the most
prominent exhibitor at the Long Branch
horse show.
Recently twenty of the Woodend horses
were sold at auction for an aggregate OF
$ll $50
In the recent tour of Madame Patti. ac-
cording to the testimony of Robert Grau
in supplementary proceedings. DR.. Woodend
was one of those who guaranteed pay
ment of $4,000 to Nine. Patti.
Dr. Woodend had not been In his ONCE
for several days, and customers who wished
to consult him a. to investments expressed
some uneasiness when they learned of the
sale of his costly stable and of the cur
failing of expenses in other ways
After the attachments were issued today
an involuntary petition in bankruptcy was
| filed against William p. Woodend, broker
doing business as William E. Woodend q
Co The petftioning creditors are the Had
dem Rodee Company, a Wisconsin corpo-
ration Their statement alleges that they
furnished money to Woodend to the extent
of over $4,000 to buy stocks and that no
certificates were ever received. althouSn
demand was made for them The specific
act of bankruptcy complained or Is that
on April 10 Woodend transferred large
number of valuable horses. The petition
Is signed by Edward l.. Bradbury, chair-
man of the board of directors OF the COM
pany.
Exchange Presidents Statement.
When President Randolph of the Con-
solidated Exchange was informed or the
involuntary petition in bankruptcy MED
against the firm he said:
Or Woodend is meeting his obligations
| through the clearing house, and, so far
| as his standing here is concerned, nothing
| has developed, technically, to affect It,
| However, DIR. WoOdend will not do any
| new business on the Consolidated Elk
| change. He Is still a member, and these
outside troubles, which | regret to near
| about, will not affect his membership or
| the Consolidated Exchange.
/ The more important out-of-town offices
| of the firm are in Chicago, Philadelphia
| Richmond Washington, Newark. Atlantic
| City, Bridgeton, N. j.; Rochester. Water
| town. Utica, Oswego, Ogdensburg, Baby
| lon, Southampton and Patchogue.
Claims Approximate $7O,O
James C. Lenney, the attorney who rep
| resented Bradbury in the bankruptcy pro-
| ceedings, said he also represents other
| complainants. adding.
Il can safely say that the claims al
| ready placed in my hands approximate e
] $4,000 / cannot make any more specific
statement than that the liabilities Will be
large.
The Philadelphia Branch.
PHILADELPHIA. April 29.--At the Phil
| adelphia branch of DIR. w. E. Woodend
| & Co. it was said that nothing was known
| of Woodends financial difficulties. 1t was
| also said that notice was issued from the
| New York Office today not to accept any
| orders. All orders taken by the Philadel-
| phia branch were transmitted to New York
| for execution. and it was stated that the
| amount of Woodend's obligations to Phil
adelphia customers was unknown. The
| firm had elaborate offices at 18th and
| Chestnut streets and has been doing a good
| business.