Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1906-10-02
Policy King Takes His Own
Life in New York.
Sits in Chair Before Mirror and
Shoots Himself.
Mad Threais ned Such Action II Newspapers
Hounded Him Further.

New York, Oct 1.-Albert j. Adams, |
formerly known as the policy KING
because of the prominence IN ms con-
nection with the conduct OF poilcy
eames in this city, committed suicide
by shooting himself in the head with Il
revolver in his apartments in the An
sonia Monday. Ill health and financial
losses are believed to be i'll part al
least. the cause for the suicide.
The fatal shot was fired while Mr.
Adams sat in a chair in front OF mir
ror in his room. The bullet passed
through his head and imbcdded Itself
in the wall of a hallway adjoining the
room. Death must have been inst'.n-
taneous.
The body was found lying on the floor
bv a hall boy who went to the rooms
nj 100, according to his custom to call
Mr.. Adams. w. +. d. Stokes. treasurer
of the company. which owns the An
sonia. was promptly notified anc ne
called In coroner.
Another occupant Of the Ansonia told
the police he heard the shot w.lrh
killed Adams fired at . \. NJ. Monday.
al Adams took his life primarily be
cause If the bounding he has received
w l.. D. Stokes.
Lately. Mr.. stokes said. Adams told
him that he had suffered loss""
amounting to $500. 900 According to Mr..
Stokes Adams told him that he nal
loaned & 900 900 to his son. that he had
loaned 100000 to 2 trust company and
that he had much money invested in
stocks frdin which he could reaiiZ''
nothing at present.
About six months ago Mr.. Stokes
said. Adams appeared to be greatly de-
pressed and Mr. Stokes asked him il he
was worried by business troubles
"No, it's not that replied ADAMS
"but the newspapers and magazines
have been bounding me 50 long about
the policy and bucket shop business
that | can stand it no longer and II
there is not a let-up | will Kill my
self"
A wallet containing notes for loans
said to amount to $40 900, was found IN
Adams room.
The real estate agents who had act
ed for Adams said that his holdings OF
real estate We're extensive.
At the Office of the Colonial Sccliri-
ties Go. Of which Adams, WAS trcaSur-
. er, i. was said that Adams had been Ill
Of diabetes for u year and this illness
must have prompted him to commit
suicide. An official Of the company
said:
adams did not end his life because
he had lost his fortune for h" did not
lose it, At the time Of his death ne WdS
very wealthy man. II" might nav"
suffered some financial r';'T>''S ~
times but those We're Liz" :: df"p our
of a bucket.
Albert ]. \ lam& "1'N" t" NV f'' ID
from Rhode Island >, y.'ar:; ~: >. IL ~. 4
worked az Il railroad brakeman ana lti''
as a runner for poli"E game. l';'''r
he began to write policy ON IN" own '''-
count and Is said to lavr arrumnIl yea
vast fortune.
In 1901 Captain +. Norton G"Idnrl. nay
ing organized an anti-prli"y .:'.'t''i". fhi"
ed Adams headquarters IN IN" rear "'
n real cstatc otnl. and %'iZ'd iron
safes \ mass Of discriminating "N!d"h'
upon which he was aiterw1rd sentence
to a term in prison.
After his release from prison ne con
tinued his real estate investments ana ar
yanized the Guanajato AmAlSam;'''
Gold Mines Co, opened m ollie" ~ IN
financial district and is believed To nave
invested heavily in stocks ard inan'lh
entcrprises Soon after his rclcaS" iron
nrison he caused the arrest Of his sol
louis fer Threatening; to shoot him.