The daily morning journal and courier., 1907-11-15
Deposed President of the Knickerbocker Trust
 Company Shoots
 Himself.
FORMERLY A POWER IN FINANCIAL WORLD
While He Lay Dying Friends Were Planning a Re- trieval of His Fortunes.

New York, Nov. 14.-Charles Tracy IBarney, deposed president of the zKnickerbocker Trust company and un- &til recently power in the financial world, died by his own hand in his East SSth street home to-day. Death was due to bullet which entered his Nbody just below the heart.
 His loans with the bank it is said, are amply secured and when he was Forced from it's presidency he was, to Rll intents and purposes, eliminated as b factor in banking circles.
 What ill-effects his unexpected talk Eng-off might have had on the financial Situation generally had long since been disoounted.
 Tn distress of mind over the dissi- < patton of his private fortune and the oss of his high standing among busi- hess associates, intimate acquaintances find the drift that broke his health and reason.
 z And even much of his personal wealth might have been saved. At the # moment that Barney was dying at his beautiful home at the corner of 9Sth 4s street and Park avenue and surgeons ,robed for the bullet, a few friends at downtown office were concluding an arrangement by which the loose ends Ii the bankers enterprises were to be gathered up and financed by a stock / company which would at least rescue ufficiert to insure MT. Barney's fu- ure financially. The meeting broke up t the announcement of the death.
 MT, Barney's principal banking con- ections. apart from his connection with the once c. w. Morse banks, kere with the National Bank of Com nerce and the Coal and Iron National hank. He was president of the New Fork Loan and Improvement com |any, and was also president of the knickerbocker Safe Deposit company He was vice president of the Title insurance company of New York; and Fas a director in these corporations mong others: Alliance Realty com. any Century Realty company, Chel ea Realty company, Hudson Mort age company, New York Mortgage nd Security company and the United tates Realty and Improvement com any
 < As early as 1890 he became allied yith the late William c. Whitney in { eal estate deal in the formation O ne New York Loan and Improve hent company, which was formed tt ike up extensive tracts on Washing bn Heights.
 The land was sold in small plots tt oeculators and home builders, and he company is no longer in existence E lthough all the company's holdings
 the Washington Heights real estate F ave been sold. MT. Barney retained he ownership at his death, of about nety parcels of land scattered trough that section. The combined oldings are said to be worth $5,- DO, 900.
 His real estate dealings did not enc
 this city. He recently became z eavy operator in real estate in New ersey. Firms in which MT. Barne!
 said to have been interested havt nanced number of large enterprise |I Cuba.
 # MT. Barney was financially inter
 ted in the McCall's Perry Dam com any, a $10,00o,00 concern organized
 furnish power from the Susque anna river to Baltimore and othe ties. The Knickerbocker Trust com any had securities in that concern.
 Mir Barney was a member of man,
 cial clubs, and the public institu pms in which he was interested wer
 e Metropolitan Museum of Art E ,nerican Fine Art, American Museum
 Natural History and the Dunla E ld St. Nicholas societies.
 His sons are Ashbel H. and Jame :, and his daughters Mrs. Archibal
 Alexander and Mrs, Cortlandt hrnes.
 MT. Barney's undoing came wit
 e disclosures in the Knickerbocke \ rust company management whtc
 flowed the failure of Otto Heinze