The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-01-25
AL ADAMS NOT A SYNDICATOR
WAS OUT OF TOWN, 1T SEEMS,
HHEN M. & u. LAUNDRY OPENED.
Dave BucItIin Has Como Back to Town
to Testify. and Postponement OF In
curry Renews the Talk That Somebody
VIII Foot the Bills 10 stop Proceedings.

Dave BuClHln Has Come BACK TO TOWN
TO Testify, and P0stponement OF In
quiry Renews the Talk That Somebody
WIN Foot the Bills 10 stop Proceedings.
Dave Bucklin, once manager OF Richard
A. Canfelds Forty-fourth street gambling
house, now associated with Archibald G.
LOOMS. until recently second vice-presi-
dent of the National City Bank; A. b. Leach
of the bond house of Farson. Leach Co.
and others in an enterprise OF high finance,
returned to town yesterday and sought
counsel to protect his interests when he Is
called to the witness stand in the Munroe @
Munroe bankruptcy proceedings. Dave.
as an underwater in the Montreal and
Boston syndicate, is Interested in the pro-
ceedngs to the extent of $4,000.
Like most gamblers and the other mem
bers of the syndicate. he has an extreme
dislike for publicity. He didn't care yes
with Leach, Loomis and the others in sup
plying NJ. Il b. stock soap for the
laundry He didn't admit. either. that
he had ever had the pleasure of meeting
any OF the other syndicators. And as for
the report that Honest John Kelly, once Il
contemporary OF his in the Tenderloin bank
ing business was in the syndicate, why,
Honest John would have to speak for
himself.
That Honest John really would do any
speaking where persons representing the
creditors interests would hear him seemed
almost as improbable yesterday as 1t has
been Mt any time since the subpoena server
began TO look for him.
As for the report that Al Ada ms and
Garfield have been making money in Wall
Street. it can be authoritatively stated that
neither OF them was connected with tho
Montreal and Boston syndicate. Mr..
Adams, IL seems, was out OF town when
the syndicate was organized last sumner.
Rumors that the Munroes would settle
with the creditors and put stop 70 the
bankruptcy proceedings were current again
yesterday. That some sort OF negotiations
looking toward settlement are on Is IN
dlcated pretty surely by the fact that for
two days now the hearings scheduled have
beer adjourned. and it was announced
yesterday that the hearing set for 10 day.
al which Buoklln, Leach and LOOMS were
10 he examined. has been postponed also.
II was said yesterday that n meeting was
held a few days ago at Leach's office of
those Interested in settling with the cred
itors. but what was done there could not
be learned. II Ia pretty certain. however,
that the creditors will not accept anything
les5 than fGll settlement and that no
definite arrangement has been made yet.
1t WAS learned yesterday that the Munroes
in their stock waShlng transactions in VI.
b employed scventy-eight brokers in
three months. The commissions they paid
out amounted TO several hundred thousand
dollars II IA said that the original esti
mate of 1900, 600 shares az the number
they traded in was too low. As result
of the transactions they actually sold only
$500 worth of the stock to outsiders.
The next hearing has been set for Thurs
day. when Bucklin will De examined. Leach
and LOOMS will, unless the proceedings are
Discontinued be put on tho stand ON Friday