The Barre daily times. (Barre, Vt.) 1897-1959, 1905-07-10
JEFFORD'S INTEREST
ONLY AS COUNSEL
Details Of Charge Brought Out BY In
diotment Of Four Washington Men,
Two Of Whom Are Former
vermonters.


Tracey I. JefIords, the Washington,
D. G., attorney, and a native Of Will
lamstown, who was arrested last week
on the charge Of conspiracy to defraud
was not, it is understood, financially
interested in the Interstate Live Stock
Insurance company, the investigation Of
which was the cause Of four indictments
being brought by tie grand jury of
the District of Columbia. 1t is said
that he was connected only as counsel
for the concern, and that lie had no
knowledge charged until the beginning
Of the Investigation BY the grand jury
The company, By the way, was not
success and went into the hands of
receiver soon after it was started All
the bills presented against it have been
paid, however
Mr.. Jeffords was the only one of the
four to enter court voluntarily and give
bond Henry NJ. Baker was surety TO
the amount Of $1,000. The Others we're
not iH Washington and If they do not
of their own accord give bonds, steps
will be taken to apprehend them. Col.
Olren G. Staples also former Ner+
monter, Is at his hotel at the Thousand
Islands, John Il. Fehr il in Europe and
Elisha Il. Fitch Is in West Virginia.
What the Charge IS.
According to the Washington Post,
the Indictment charges that the four
defendants unlawfully conspired to cheat
and defraud the citizens Of the District
and others by falsely and fraudulently
representing that the Interstate live
Stock Insurance Company Of the Dis
tfiet of Columbia, which was organized
to insure live stock and was incorporated
under the laws oil the District, On Sep
tember III, 1904, had capital stock Of
100000 and legal reserve fund suiii-
GENTLY large to mature any and all con-
tracts with the policy holders Of the
company.
1t il declared that the plan was to
induce persons to insure their live stock
with the company and TO obtain from
them large sums Of money as premiums
under the false and fraudulent pretense
that the insurance policies OF the COM
pany were all amply protected by legal
reserve fund, and that in addition to
the reserve fund the company had
paid capital Of 100000 III money on
deposit To the order Of the company on
demand in the Washington Savings
Bank, as further guarantee that
policy holder had absolute protection
against loss.
IN pursuance of the alleged conspir.
acy, and To effect its object, it il claim-
ed that Col. Staples On October s, 1901,
obtained from the Washington Savings
Bank a certificate of deposit, dated that
day, for 100000, payable to the order
of himself, and signed G. III. Dayidge,
treasurer, in exchange for certain
false and fraudulent check Of him. the
said Staples. for 100000 drawn on
The Columbia National Bank under the
same date, and made payable to the or.
der of the savings bank, 1t il asserted
that on the same day Col Staples in
dorsed the certificate Of deposit over
to the order Of John'L. Fehr as treasur-
Ell Of the company. The indictment
states that on tile same day Col. Staples
allowed Fehr to make d duplicate and
copy of the certificate Of deposit. and
that Fehr, after he had taken d dupli-
cate and copy Of the certificate or de-
posit, on the same day indorsed ii back
to Col Staples, thus making it payable
aGAAh ~ AAAG AAHEA bA N3ts k1kaEtNS 04t
demand
Redemption of Check.
The same day, it IS alleged, Col sta
pies, after he had allowed Fehr to make
the duplicate and copy, demanded that
the savings bank return To him the check
for 100000 III exchange for the eertif
cate Of deposit. This demand was, it
seems, on the same day complied with
by the savings bank, which exchanged
fhe check for the certificate and can
ceed the latter, it being asserted III
the indictment that it was the ffaudn-
lent intent Of Staples where he indorsed
the certificate Of deposit to the order of
Felr that the Endorsement was to have
no legal force and effect, and that It
was understood between the four de-
fendants that the Endorsement from sta-
pies to Fehr as treasurer Of the com
pany was made to effect the object Of
the conspiracy,
Afterward, on the same day, II IL set
out, Fehr and Fitch falsely, frandu
lentIy, and deceitfully,R obtained large
sums of money from certain persons
whose names are unknown 20 the grand
jurors