New-York tribune., 1906-08-11
RAID ON BUCKET SHOPS.
FOUR PLACES CLOSED.
arrests IN Branches Of john Il.
B0ardman 6 Co.


AS result of numerous complaints. a squad
of detectives from the Central Office descended
simultaneously yesterday upon four alleged
bucket shops, which are said 10 be run by John
A. Boardman & Co, of No. 4l5 Walnut street.
Philadelphia. This company occupied the old
offices of Haight & Freese, who failed in 1898,
and have the same lawyer, Franklin Bien. The
raids were made at No. 53 Broadway No. 20
West 42d street. No. LIST Broadway and No, 6G3
Broadway.
Two arrests were made at No 53 Broadway.
George H. Turner. of Philadelphia alleged to be
the New York representative of the firm and
William H. Lyas. who lives at the Hotel Man
haitian. were placed under arrest on the charge
of being the chief managers of the concern. At
No. 1856 Broadway James StockweI was taken
into custody, alleged to be the manager of this
branch. Frederick Bloomfield of No 463 Third
avenue said to be the manager of the alleged
bucket shop at No. Gd3 Broadway, was arrested
No arrest made at the 42d street address,
as the Tip" had been passed before the detec-
tives arrived.
The four men were arraigned in the TOmbs po-
lice court before Magistrate Breen, and released
in $1,000 bail each on the charge OF the viola
tion of Sections 363A and 363B of the Penal
Code, which charges them with failure to regis
ter a co-partnership prescribed by law.
Franklin Bien appeared for the men.
All books and papers found in the several
places were seized by the detectives, loaded in
patrol wagons and carted to Police Headquar
ters. They will be examined later by Assistant
District Attorney Garvan. About a dozen
plOyes were served with subpenas. directing
them to appear before Mr.. Garvan Immediately.
BIEN DENOUNCEs POLICE ACTION
Mr.. Bien denounced the action of the police in
taking the books and paraphernalia from the
four offices. On his request, Magistrate Breen
issued a summons addressed to Acting Police
Commissioner Waldo directing him TO produce
the books in court to-day and show cause why
they should not be returned.
The police and the District Attorneys office are
working in conjunction on the case. Detective
Sergeant McConville and half dozen assistants
have been gathering evidence against the al
legged bucket shops. He says that his evidence
is just the kind the District Attorney desired.
AS all four places were connected by telephone
IL was necessary TO make the raids simulta-
neously. AT exactly noon McConville and his
men entered the office and made the arrests
All the alleged managers except the one in West
42d street were arrested. When patrol wagon
drew UP in front of No 53 Broadway inn
mense crowd gathered in a few seconds and
word was passed around that bucket
shop was being raided.
ONE OFFICE FOR woMEN's USE.
The offices at No. 6ti3 Broadway situated
on the ground floor of the Raleigh Hotel. There
were about forty persons in this place when the
police arrived. Everything WAS done quietly
and there was little excitement The place at
No 1886 Broadway is alleged to have been de-
voted exclusively TO the of women. Six
women were in the offices when the arrests were
made.
The police say that the firm of John A. Board
man & Co. has no connection in this city with
either the Stock Exchange or the Consolidated
Exchange. A significant feature OF the arrests
was that the offices at No. 53 Broadway were
formerly occupied by Haight & Freese. whose
failure created considerable stir in the financial
district in 1905. According to the police, many
complaints have been made against the firm.
alleging irregular business methods in that they
failed to make good" profits which certain Gus.
toners realized on stock transactions they had
with the firm.
John A. Boardman was formerly an employe Of
the firm of Haight & Freese. Only few months
after this firm went out of business, John A
Boardman & Co. sprung up and took up, accord
ing to the police. the business of the defunct
firm. The police say that their statements are
further corrObOrated by the presence yesterday
OF Franklin Bien jr. as counsel for the arrested
men, he represented Halght q Freese IN May.
1905 when involuntary ApetitiOn in bank
ruptcy filed against the firm by Charles III.
A. Dougherty. of No GS Wall street. The firm
Of John A. Boardman & Co Is represented on the
Philadelphia Stock Exchange.
Philadelphia, Aug. 1O.-JOhn A. Boardman
whose New York stock brokerage offices were
raided to-day by the police said tonight that he
had received word from his New York branch
that all stock brokerage establishments in that
city which had neglected 10 comply with the pro-
visions OF a law requiring the registering of a
copartnership had been raided by the police.
L informed that our New York branch had
failed 10 comply with this legal requirement
through oversight" he said. but that the
matter fixed up later in the day. when all
legal requirements fulfilled and the New
York branch will open tomorrow for business
as usual"