New-York tribune., 1907-12-11
STOCK BROKER In TOMRS
JEROME MAKES CHARGES.
Cashier Also Held for s4ttempting
to Get Witness Out of State.

Aa arrest last night OF 5oseph II. Sulz-
r., of the stock brokerage firm of Joseph H.
,.cber &. Co. of No. Ill Broadway, and
,ier in the afternoon of Charles J. Hodges,
- cashier who lives at No O. Prospect Place,
.,-.orIvn there came TO light another stage of
- investigation by the District Attorney office
.,.b NAV have a startling climax This climax
- be that the November grand jury, which
- asked 10 indict the head of that firm on a
- of forgery and which refused TO do So
= ba investigated itself. And such an lnVesll-
-ion may lead to some of the biggest law hrins
= ,-ez, York City. Mr.. jerome won't say all ne
..,Lc about the case, but it is apparent from
-. c+,yitv of himself and his assistants that ne
thinks lot s 90 b;s
Ar SuIzbacher. who was arrested at ms
- No. "a West 5Sth street, was arralgned
before Magistrate Corrigan IN the latter nome
- ,n spite of protests of his counsel. Anson
. 80 he was held in $1,000 bail for exam
ton -o-rnorrow He was committed to the
1or,bs in default of real estate bail, when was
,,sieted upon by Mr.. Jerome
I,+ac-iz,e Flood presented a short affidavit.
,a-eing Mr Sulzbacher with VOCATION Oh
c.o,ion 113 of the Penal Code, based on me
;nforna1ion of Harry L. Wyatt, to the effec'
- an Monday Sulzbacher promised brine
- So 600 TO Wyatt if ne would not appear as
. witness before the grand jury
JnGr-
zt+ness 10 leave this jurisdiction. the witness
+sinr Harry L. Wyatt, young man who was
foru1erly employed by Sulzbacher- Wyatt is
- hold as a witness, and Hodges according
. be District Attorneys office. has turned
.-o,s evidence Both were arraigned BEFORE
.rapistrare Corrigan last evening in the DlstIicI
..+o~nAy's oflce and paroled in the custory OF
Mr Jerome
CASE DATES BACK TWO YEARS
The case has long history. going back TO two
~ three years ago. when the firm Of J. h Sui1-
bacber & Co was differently composed 'hah
now the partners being the Sulsbacher men
TONED and Ignatz Boskowitz. father-ln-la" Oh
tho former and at one time president OF the
Mechanics and Traders Bank. On Decefhoer
n 1902 the firm failed and went out OF exist
ence II was afterward reorganized uhoef INC
ssroa name. but with Albert Ulnann as the
other partner
Irnatz Ts,,si1ovitz died soon after the failure
~: - 1asea F3oskowitz became his admin
;s+ra-or. In making an investigation OF MS
fathers affairs il became necessary 10 axe IN
ouiries into the business OF the hr1n- ACCoiu
ing 10 testimony which was presented 10 io
Grand Jury in the proceedings against 'he ei
Fsoskavyitz's son-in-law the admlnlslratoi ui'
covered many things. Charges were Suo'7
,,,en-lv made that the books had been ooc'oieu
and changes
in them, These affected not only the elder BUS
,,i+z,e interest in the business, but those OF
-. customers of the firm which he had
brought into it
-The res,,lt was that in June last the atten-
10, of District Attorney Jerome was caiiea
,o the case An investigation or Suizpacnei
,;ase mas committed to Assistant Districe
.--o-,.1, I<resel- In this investigation uhfee
..s.s z,era examined. these being Wyatt
- charge under the old firm Of the purchasing
coles denartrnent; Charles w Saacke manager
g tho o1d firm and Foliz Hynan. chief oook-
,,.e-,er for the old partnership. Finally, in NO
,-erober Mr. Kresel placed the case belore inc
Grand Jury There was some need Tor hasIe' ior
one item which was particularly relied upon
bv the prosecutor. having been discoVereo III
the examination of the old firms books by the
Younger Boskowitz, would be outlawed. what
ever its weight as evidence, on November IL
REFUSED TO INDICT SULZBACHER-
ahou- that time, however, the November
grand ilry refused TO indict Sulzbacher on the
evidence presented That jury Is suH heio III
session.
On December ? Saacze and Hyman were ar
rested on the complaint Of Hodges. Sulzbachers s
cashier on charges of forgery. Magistrate
v2,,tts in the Tornbs police court. heard the case
Their arrest is looked upon by the interests in
volzed by the Boskowitz family as an attempt
n siscredit their testimony before the grand
1urv in past or future proceedings Howard >
Cans former Assistant District Attorney. ap-
reared for Hyrnan and Saacke- Mr. Cans
waived examination for the prisoners, and they
were held for the grand jury
on Monday afternoon it is said. Hodges got
WYATT to attend a conference at the Hotel
Netherland. where arrangements were TO he
made as 10 his leaving the state. Others be-
sides Hodges and Wyatt were there, including
some lawyers who are interested in the case, but
who they none of the District Attorney
staff would say last night.
Another meeting between Hodges and Wyatt
was arranged. at the Grand Union Hotel. yester-
day afternoon Wyatt was to get. according to
his charge, $1,000 for his disappearance: $50
In cash and the rest 10 be placed in bank Where
he could draw, upon it as soon as he shoulo
reach chihuahua, Mexico. His wife was to go
with him
Wyatt reported this TO the District Attorney.
He was coached how 20 keep the matter going.
According to his statement. he was TO meet
Hodges downtown yesterday morning, and Sulz-
bacher was to be there. too but the latter did
not appear. and that conference fell through.
II Was decided 10 adjourn to the Grand Union
Hotel in the afternoon
DETECTIVES ON HAND
When Hodges met Wyatt in the hotel two
OF Jerorne's detectives-FloOd and F1tzslmmons
were concealed but within sight and hearing
According to their testimony. and the subse-
quent statement of Wyatt and confession of
Hodges, the latter offered Wyatt 500 as first
payment on the $1,000 which would be enough
to get him and his wife to Cleveland. There, he
was told man would be authorized TO give
him instructions and money TO get to Chi