The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1907-03-27
Because He Could Not Replace
Two Thousand Dollars
which HE HAD USED.
And Lost in Specializing in the Stock
Markets. Charles Abbott, Young
Man, Manager Of Branch Office OF
Stock Brooker in Washington,
Kills Himself in the Office, Left
Letters.

! Letters.
At Washington, D. c., with thu
probability of an embezzlemen
charge involving $4,000 or more o.
his employers money facing him
Charles Abbott, twenty-three year:
old, the manager Of the branch Office
of Wade & Hedges, brokers, ended
his life in the Office, at 406 Fifth
street northwest, by blowing out hi:
brains with revolver.
When discovered, the body lay il
the rear Office of the suite Of two
| blood and the revolver ciurched in
and the revolver clutched tightly iI
his right hand. The bullet which
had ended the life of yound Abbott
entered Immediately above the right
temple and lodged inside the skull
Abbott for the last three months
had been employed as manager fol
the Fifth avenue branch of the brok.
erage firm, which had it's main Office
at 500 G. street northwest, and was
regarded as a young man of eXem-
plary habits. The frs intimation
that anything was wrong with their
managers accounts was Friday af-
ternoon, when Abbott was due at
the G street Office to settle his week
ly accounts, but failed to put in an
appearance. Repeated efforts on the
part of Wade & Hedges to commun-
cate with their employe, noy only at
branch Office, but at the home of his
father, Julius Abbott, 234 Four-and-
shalt street southwest, where he al
so resided, proved fruitless.
Convinced that matters were ire.
gular, the members of the firm, ac-
coHnacied by their attorney, went
to the branch Office with the inten.
ton of going over the account, OF
ascertain the cause Of Abbott's fail
ure to sett. AS they entered, Mr.
Wade, the senior member of the firm
stumbled against the body of their
manager. The police were immedi,
ately notified and Detectives Harti'
gan and Evans with number OF
patrolmen from the Sixth precint
went to the scene of the shooting.
Two notes were taken from the
inside coat pocket of the dead man
one addressed to his father, and the
second to his employers, which were
taken charge of temporarily by the
police. The note to Wade & Hedges
in heavily sealed envelope written
evidently in a nervous haste, read
as follows:
March IS, 1907"
"Messrs. Wade & Hedges, City:
"You will be surprised to learn
that I am short $4,000 in my &C,
counts with you. The C-notes
which you will find in my pockets
are all bogus. H. Owes me noting
and c. owes s25. I would like tc
make good, but cannot.
Charles Abbott
The note addressed to his father
Julius Abbott, was:
March Is, 1907"
"My Dear Father: I have been ar
awful liar. I have not only lost 81,
900 belonging to Wade & Hedges
but all Of my own money and not
small sum of yours. To tell the
truth, have not a cent I could cal
my own. The Liar Charlle. :.
The downfall Of Abbott is attrl
buted to the sudden fuctuaticn II
various stocks Of the New York eX
change. One of the members Of th'
firm of Wade & Hedges said Thurs
day night when contents of the not
left by Abbott were made known
that Abbott's shortages were prob
ably the result CT several week :
speculations, the differences on tn
books being made up by the bogu
notes found in his pockets.
| Abbott's parents were notified b
Percy Wade, a member Of the brok
erage firm. They are prostrated owe
their sons tragic end. In addition
to his parents, two brothers surVlV
him. Coroner Nevitt issued cer
! tiGcate of death by suicide, and tn
body was removed to an undertak
er's establishment, wnere it will b
prepared for burial and latter remo1
ed to the Abbott home.