New-York tribune., 1907-12-27

course we all mere or less worried by tne
business troubles but I cannot how this wouid
affect either his health happiness, as there were
absolutely no losses in sight. He called me up oh
the telephone yesterday to wish me merry CHRIST
mas. Apparently he in the best of spirits ana
! can suggest no cause for his wishing TO die
Francis Lynde Sfefson one OF the callers at
the Stedman home last night and he ernphaucahy
declared that it could possibly have been sui
eide.
why. he was 70 have at Il o'clock sao
the lawyer. "The idea OF suicide is absurd We
have been friends since youth and he was one
Of the finest / ever knew"
Mr.. Stetson's character described IN ihe
way by ali his other associates yesterday All
agreeing that he man of whose 1rieluSnp
any might be proud. Warren A. Mayou' one Va
Nj Stedmans law associates and friends, went 10
the police station the body, accompanied ns
Mr Stedmans secretary, A II. CumDers MT
Mayou was much affected. He declared thal 'ie
idea of suicide not TO be entertained III COIL
nection with the lawyers death. and that ne must
have fallen while overcome by vertigo He agreed
entirely with Edmund Clarence stedman when ne
said. MY cousin was Of unusually good
balance of strong character and little likely TO DO
ANYTHING rash particularly even TO think of sui
eide
OTHER VIEWS OF THE AFFAIR.
TIL. manner of Mr.. Stedman's death made Z.
Rttzema De Grove. of the receivers OF the
Lyons company, oath to accept entirely the suicide
story although he disagreed with the others aoout
Mr. Stednan's financial affairs.
"In view OF the facts as have heard them, II
would appear that Mr.. Stedman committed SUI
eide he said. He must have been temporarily
insane depressed by his business troubles. Tor he
had lost more thar half a million dollars, most OF
HIS personal fortune But for him TO choose such
q manner of death is astounding. He would have
been much more likely TO have chosen some other
way. 1t entirely foreign TO his makeup TO
hing f1fcnE
Samuel Goldsticker. the other temporary re-
ceiver said that Mr.. Stednan had shown his de-
preston plainly of late. When the receivers were
appointed he said that Mr. Stedman showed great
distress.
after that" Mr. Go,dsticker continued. "he
braced up but would show signs of weakness
now and then. I only figure that he lost his
nerve completely. He unusually successful
in his personal real estate operations ana WAS
such q master Of detail that we considered his
assistance In arranging the affairs of the company
Invaluable
At the time OF his death Mr.. stedman owned per-
sonaly the following properties: No 1l6-ll7 Maiden
Lane. a five story building: No. 1915 West S4th
street. an eight story loft building. and No 2&
West list street. dwelling The 34th street parcel
he bought several years ago at Slso6,9. Conserva-
tive estimate places its value now at about S6'o9
The petition in bankruptcy against the Lyons
Company filed by Philbn. Beekman & Men
ken, representing three or sdtors-Thomas J. Tou-
mey, Peter Mckay and J. Weber's Sons. Each of
these had 500 claims Judge Hough, Of the United
States Circuit Court appointed Mr.. Goldsticker
and Mr.. De Grove receivers for the concern
More than 100000 is the valuation placed upon
the real estate owned by the company. and al
though it not mortgaged for half its value the
concern unable TO get together cash sufficient
to tide 1t over the financial stringency.
Among the properties the Office building at
No. IS TO % West 18th street; also the five story
building at No H2-21s Spring street. and another
oft Tho size No
twelve story apartment hotel Nos. 3. 8 and Z
East 9Th street. purchased September S. the Holly
wood Hotel property at Hollywood, n. J.; the build
ings No. 1904 TO 12l0 Madison avenue: the house
at No East 18th street; that at No. a East 18th
street property at No 54 East 18th street. Nos 10s
and 1913 Madison avenue; Nos Sl2 and GA Madison
avenue; seven lots at the corner of Fifth avenue
and esth street, and the big office building at Nos
236 and 23s Fifth avenue.
Besides his connection with the LYONS Comnsnv
Mr.. Stedman president and director OF the
American Cushion Elbow Company and a director
of the Raritan River Clay COMPANY
This is the third death in short time I'm ,he
Stedman family. Mr. Stedmans brother Edmund
AppoVen Stedman, of New London, died a short
time ago, and Mr.. Stednau got back to this cttv
only the day before Christmas from his mothers
funeral. in Kansas City. He was suffering severe
ly from the grip then bachelor brother DR..
Robert s. Stedman lives in this city, and there is
a sister. Miss Elizabeth stedman who lives in
Hartford She and Mr. Stedman's nieces the
Misses Eleanor and Mabel johnson, are expected
here to-day. II possible the funeral will be held
tomorrow, although definite plans have yet
been made. The burial viii be in the family lot in
CEDAR Hil Cemetery. in Hartford.
Ernest Gordon Stedman was born in Hartford in
1876. His father was Major Griffin A Stedman one
of the leading citizens of that city. His brother
General Stedman who bore his fathers name fell
Fort stednnan before Petersburg, and monu-
his memory now stands in Hartford. Nj.
Stedman went TO Yale, from which he was gradu-
ated In 1857, in the class with Judge Ingram
Judge Scott and Judge Holt On his way New
York he met Francis Lynde Stetson. who had lust
been graduated from Williams. The chance ac-
ouaintance developed into friendship which re-
suited In the forming a partnership after
Mr. Seteson's graduation from the Columbia Law
School two years later. Under the name of Stet-
son Stedman the partnership lasted from 1874 TO
1872
Mr. Stedman was married about thirty years ago
to Miss Nina. NJ. Marcy, the daughter of Dr.
Erasmus Marcy, who left her about 81 900 goo |
Mayor McClellau's mother her cousin. Thex
had no children. Mr.. Stedman was a member of the |
Union League the Lawyers the University and the
Yale clubs the Bar Association and the New Eng
land Society. He pewhoder and regular at
tendant OF the Church of the Epiphany in Lexing-
ton avenue