New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-29

Criminal Branch Of the Supreme Court to-day
TO plead to the indictments and to furnish ball.
as was the case with the Metropolitan Life.
whose president the grand jury indicted a few
days ago. Tho perjury indictments against
Jordan for alleged misstatements IN tho
Equitable's so-caled ''year-end" reports to the
Insurance Department. and the forgery indict-
ments are for alleged "doctoring" of the COM
pany's books to conceal the ''year-end' transac-
tioEs.
After the grand jury had been discharged
vest erday Frank B. Jordan, J0rdan's son, visited
Mr. Jerome at the District Attorneys office. 1t
was soon after this that Mr.. Jerome made his
announcement
Because Jordan refused certain information
as TO the mysterious loan carried by the Equi-
table It is said, with the Mercantile Trust Com
pany President Morton dismissed him from the
Equitable on July 10 1905. In his reorganlza-
tion Of the Equitable Mr. Morton was especially
anxious for this information Jordan Win
ex-President Alexander. was trustee for the
mysterious loan account until It was trans
ferred 10 the Equitable
II was assumed generally that the Equitahie'
in the old regime, had used this mysterious ac-
count for such purposes that the charges could
not be entered on its books-as n yellow dag
fund, in fine.
Jordan was not a witness before the Arm
strong committed He could not be found at
the time. on October 1s 1905, Jordans son
testified that he had no knowledge Of his fathers
whereabouts The last time he saw him. the
son testified, Labor Day at his Engle-
wood home. The day after Labor Day, he tes-
titled his father and mother departed suddenly
from home. and he had not seen them since.
Recalled on November II, Frank Jordan again
said he did not know Of his fathers where
abouts. but had recently received a letter from
his mother from Canada. on February %,
1906 two months after the close of the Arm
strong investigation. Mr.. Jordan was found
with his wife at Little Rock Ark. and q month
later at Atlanta.
At Atlanta Mr.. Jordan denied that he had
run away" from the Armstrong investigation.
adding that he had departed from New York
merely for his health and that OF his Wife.
None the less. all efforts TO find him during tho
progress of the investigation unavailing.
While, up to this week. Jordan's whereabouts
have been more or less OF a mystery. Jordan, It
is said, has been dividing his time recently
between Atlantic City and his Englewood home.
The eighteen witnesses examined by the grand
jury in the Equitable case are George w Ben
ton assistant treasurer Mercantile Trust Com
pany; John Gilchrst. superintendent securities
department. Equitable; Nelson Olcott. assistant
A. Hensheimer. confidential man Kuhn. Loeb &
Co; William NJ. Cater. bookkeeper Equitable;
Jerome j. Hanauer. confidential clerk, Kuhn.
Loeb & Co; Henry Rogers Winthrop. ex-treas-
urer and financial manager of the Equitable:
Frederick w. Fule. treasurer Equitable Trust
Company; Preston Watson and George a. PEN
dreigh. bookkeepers Equitable; James NJ. Holly.
commissioner OF deeds: Louis NJ. Bailey deputy
controller OF Equitable: Michael Murray, as
sistant treasurer. OF Equitable; Charles ]. Stew
art, clerk County Clerks office; Emma J..
Bunker, notary public; Thomas +. Behan, in
spector, State Insurance Department. and Har-
old B. Thorne, treasurer Mercantile Trust Com
pany.
On November 16 1905. Mr.. Gchrist testified
before the Armstrong committee as to how mill
ions of dollars had been shifted from the So
cietys cash hand account at each vear-end
by means OF dummy loans 10 Kuhn. Loeb & Co.
The purpose Of this annual subterfuge was to
make deceptive report December 81 to the