New-York tribune., 1905-01-23
ANDREWS IN MEXICO.
REPORT OF Il CALL THERE.
PopocatepetI Prospectus Contains
Names of We'll Kn0zcn Men.

Lyman S. Andrews. the man who disappeared
on December 10, did various books belonging
to the Andrew H. Green and ogden estates. is
believed to be in Mexico. According TO press
dispatches received in this city, Andrews left
here in response to a cable message from the
Mexican government. demanding immediate pay
ment of his fees due In connection with the
Popocatepet Mining Company.
In an alleged prospectus of this company
dated May, 1904. General Nelson A. Miles figures
the president and the names of Robert B.
Roosevelt, Andrew H. Green and ex-Judge
Henry E. Howland are in the list of directors.
Colonel Henry w. Sackett. counsel for the
Green estate, told a Tribune reporter unequiv-
ocally last night that Mr.. Green had never been
interested in the company.
Colonel Sackett announced that, contrary to
all newspaper articles published the case
since Andrews's disappearance, Andrews had
virtually never been an employe, either of
Andrew H. Green or the Green estate He
was clerk and bookkeeper for the Ogden es-
tates," said Colonel Sackett, although he at
one time did little work for Mr.. Green and
afterward for the Green estate-oniy very slight.
however"
Through one of his relatives. Mr.. Roosevelt at
his home last night sent down word that he had
once been proposed a director of the Sulphur
edge Of the concern had ceased.
SAYS GREEN FIGURED IN COMPANY.
R. OIcott. of the law firm of OIcott, Mestre &
Gonzales which represents the Mexican govern
ment here, was unequivocal in his assertion that
the name of Andrew H. Green, 'the Father of
Greater NewYorl1," figured in the company.
When 1 was approached with regard to the
formation of the company Mr.. Olcott told the
reporter last night, II understood that Andrew
H. Green had promised to take title to the deed
of conveyances of the property at Popocatepetl
but so far I know there was no agreement
that he should furnish any of the money.
Charles Holt former Columbia College man,
who married the daughter of John c. Hertle,
CommissioD0r of Accounts, was back of the
enterprise. Mr. Holt told me of Mr. Green's con-
nection. I knew and respected Mr. Green's
name and reputation. I understand that Mr..
Smith was down in Mexico with papers, etc, to
negotiate title or transfer to the property on
the day Mr.. Green was shot by the negro WILL
Jams. and that Mr.. Green's death cut the
negotiations short"
AS to my own connection with the case" said
Mr. Olcott, Il was approached by Holt to take
an interest in the enterprise From an engineer
down in Mexico I learned that there were valu-
able sulphur deposits and think the enterprise
was reputable as far as it went. I framed the
prise good and reputable, began to interest
friends in the project.
Then heard of something and severed all
connection with the company. My counsel fees
are still owing me, and have never received
a cent from the company. One day. when had
unsuccessfully asked for my fees. Mr. Andrews
called me UP on the telephone. L understand
he said, that Mr. Holt didn't treat you right
1 want to say that I'll give you square DEAL"
L understand that General Miles agreed to ac-
cept the presidency of the company" continued
Mr. Olcott, but withdrew on learning that no
compensation would be shortly forthcoming. 1
believe that Mayor Van Wyck was approached.
but withdrew, on the plea that he had learned
that vapors emanating from the sulphur would
be inimical to human labor
ITS CAPITALIZATION $5.OO0OOO
The prospectus is said to be dated May. 1904.
Therein the company is said to be capitalized at
S., 100000
IF 1 remember rightly" said Mr.. Olcott, "a
Mexican named Ochoa had obtained concessions
from the Mexican government which he agreed
to sell to Mr.. Holt for $4,000 in cash and $780,
600 of stock in the company to be formed"
According to the new report as to the cause of
Andrewss disappearance, the expert bookkeeper
on the day preceding it received a cable dis
patch from Mexico, demanding immediate pay
oHs u %oOO'OoO OIl account oL ices que the
mexican government, and left here forthwith
for Mexico.
If this is correct, and I have no knowledge
either one way or the other" said Mr. OIcott
1t must be that the company either had OBJ
tained a domicile in Mexico without paying all
fees due, or had omitted to pay transfer tax"
1t is SAID that the amount due the government
is not 100000, but $4,000 While the loss TO
the estates will not be known for several weeks
it is said that so far as can be estimated ii an
proximates $250.O00.
1t is understood that Samuel Green Mr.
Green's nephew, who is mining engineer Wis
ited Popocatepetl and reported favorably on the
property. 1t is said that a son of President
Diaz is also named of the directors