New-York tribune., 1907-12-21
her Z. explaining how IT was ne owe" '"e
$1,000.
nFsIER IN L. 6. STEEL.


- ,ro7,,,a t4o,,se showed that he had dealt
exclusively i'm United States Steel common 40
cover his transactions In this stock ne haa ue
,,osi,e6 with OIphant & Co. Virginia oeleffeo
bonds amounting 10 $4,000 HIS East iep'..
from the company showed that ne mao los. az
Of This I'm addition to 500 shares Of STOCK OF 'he
United STATES Steel Company and the se'VVo IA
addition which he owed the firm yesterday. AN
Of his transactions it seemed had proved un-
successful
A. ,b. Holland House &c was learned that DIT
c.eiear had been in the city for severa! weeks
the latter part OF August When he went So"'i
then his account with oiiphant & GO, Was
nroperly secured. During the recent panic 'ie
value of his collateral deprecated. and MI
,oiinhant wrote asking him 10 settle TINS oh
November 30 DIR. Geiger replied. insisting tfial
he could not the firm money. ana ASKING ia
addition that a check for $50 be oepos'eo 10
his account in the Fifth Avenue Bank.
Mr.. oliphant's reply to this was found in DR..
e-eipar,s rocket. we do not understand your
statement in regard to your account, read the
letter I'VE infer YOU consider it a loan not YET
due We would like know when you consider
that Il natures. On our books II is Simply
running account. and we have no recollection
of any agreement having been made TO carry IL
for any fixed term The custom of our busi-
ness however. is to carry such accounts as lohg
as the required margin is kept good In ths
case the margin has not been kept good, and II
sold out to-day there would be a denclehCy oA
about $1,000
Letters in Geiger's bag showed that only few
weeks ago he was trying to realize money on
three hundred acres OF real estate in GREENE
County Georgia Only short time before, too'
be had instructed his personal attorney, Ma
lhaniel b. Barnwell, of No. 20 Broad street.
Charleston fthe same street number III 'iio
Southern town that in New YORK "hefe he
lost his fortune and his end camel, TO sen d
japanese bond which he held for him. On sew
eral pages Of paper which he had columns
of figures the doctor had copied sayings OF
J. Pierpont Morgan. Jacob H Schin ana FRANK
a vanderlip regarding the probable rise OF
values in the stock market One of these was
as old as the spring Of 1903. probably the time
he first began trying his hand at the game.
py7,JoR OF BRoUwER CONNECTION.
1t was at first reported that Geiger had gone
TO see MT. Oiiphant TO get him TO lnlefceoe iof
George II Brouwer. former confidential man
ayer of fhe firm who was sent to prison not
long Ago for misapproprating money intrnsteo
70 him by customers of the firm TO his own use
This rufnor was found TO have no founoatlon.
however.
Brouver was indicted on October IL last The
specihc conplaint against him was made by Jay
f Carlisle a broker who had desk room with
the Oliptant firm Mr.. Carlisle went TO Europe
a few months ago, but before doing so he turned
over the unfinished negotiations for the sale OF
q farm which he owned IN the Berkshires to
Tsrouwer and told him il he made the sale TO
turn over the proceeds TO Oliphant & Co
The farm was sold for s.. $50. but instead Of
turning over the money TO the firm. as directed
Brouwer Incorporated it to his own use
When Mr.. Carlisle returned from Europe he
learned that Brouwer had not turned over the
money to the frrn and he started an investiga-
ton which led to the latter's arrest and SEN
tence to not less than three years and nine
months and not more than eight years and nine
months in Sing Sing. After the trial Judge
Rosalskv was besieged with letters asking
clemency-
James l. Olphant. who little over fifty
years OF age, had been in Wall Street since boy
hood his first employment having been with
the late John Norris. who in his time was one
of the best known stock brokers Of the district
In 1888 Mr. Oliphant admitted to member
ship in the New York Stock Exchange. He was
that time member of the firm of Anthony
Poor & oiiphant. which later became Latham
Smith & Oliphant.
On the organization of the present firm of
. James H. Oliphant & Co. December 81. 1898,
Mr.. oliphant transferred his seat to his son.
James Norris oliphant, who became one Of the
partners. The other members of the firm are
Alfred L. Norris son of Mr.. Oliphants old en-
ployer and Floyd ". Mundy. Mr. Norris and
J. Norris Ophant are the board members of
the house.
Mr.. Oliphant was one Of the best known and
best liked brokers In the Street, and while
member Of the Stock Exchange served for
eral years on the governing committee. He was a
director Of the Lafayette Fire Insurance Com
pauy and the ST. Lawrence River Real Estate
Association and trustee Of the Title Guarantee
and Trust Company. He also member Of
the Union League Club, the New York Athletic
Club, the New York Yacht Club. the Downtown
Association, the Hamilton Club of Brooklyn
at No Ais Clinton avenue, Brooklyn.
tBy Telegraph The Trtounel
Beaufort, s. C, Dec 2o.-Charles A Geiger.
Who to-day shot James H. Olphant In New
York and then committed suicide, well
known in this city. He had resided at this place
for the last two years. though he had mingled
but little with the people, and morose.
gloomy. erratic and easily excited. though he
never drank and lived regular life.
He told few friends here that he had been
abroad for many years and that at one time he
court physician to King Menelk Of Abys-
sinia. While there he said he met and became
friend OF Count Szechenyi, the Hungarian who
fs TO wed Miss Vanderbilt. Photographs taken
of himself and the count in his room at the
Sea Island Hotel here.