Evening star., 1907-08-28
FIVE INDICTMENTS
AGAINST BROKERS
Grand Jury Takes a Hand in
Bucket Shop Campaign.
SERIOUS CHARGES MADE
Defendants Accused of Maintaining
Gaming Places.
MORE TRUE BILLS COMING
Evidence Already Secured Being
Analysed as Rapidly as Possible.
Some of the Accusations.
MORE TRUE BILLS COMING

Five proprietors OF brokerage
offices, said by the police to be
bucket shops were indicted by
the grand jury this morning in
three true bills presented to Justice
Stafford in the District Supreme
Court at IL O'Clock. Those under
indictment are:
Thornton Chesley and T. Brown
ing Spence of the firm of Chesley
& Spence, with offices in the
Colorado building and the Federal
building
Frank Kane of Frank Kane &
Co., 1925 F street northwest.
Percy Wade and Jesse H. Hedges
Of the firm of Wade & Hedges,
with an Office in the Ouray build
ing.
The indictments charge that de-
PENDANTS did set up and keep
place for the purpose of gaming"
in violation OF section 865 of the
District code. This section pro-
hibits the setting up of a gaming
table and prescribes a sentence of
not more than five wears in the
penitentiary for persons convicted
under it.
Assistant United States Attorney Harvey
Given who represented the government
when the indictments were presented this
morning. stated that more true bills are ex-
pected to follow as soon as the evidence
can be presented and the indictments pre-
pared The grand jury is taking up the
cases as rapidly possible
Must Give New Bonds.
The men who were indicted today are now
under bond at the Police Court in the sum
OF $1,000 each. and Assistant United States
Attorney Given said today that they would
be held under those bonds until they could
give new ones for their appearance in the
Criminal Court when required 1t is also
announced that the charges filed in the Po-
day will be nolle pressed
In each of the three indictments returned
today Otto F. Klinke. the secret service de-
tective who has been assisting in the cru
sade and William B. Hibbs. the local
broker, appear as witnesses Other wit
nesses who appear in specific cases are De-
tectives Helan and Grant.
Charges In the Indictments
In the indictments returned against ches-
ley & Spence there are three counts. 1t is
alleged, first. that the firm maintained a
MIA for 1,,Nrv
second, that this firm set up gaming ta-
bic in their place of business in the Col
orado building, and third that they MAIN
tanned place for gaming in the Federal
building, 1th and F streets northwest In
the indictments against Frank Kane and
Wade & Hedges two counts are set out
the first one alleging that the persons
named maintained a place for gaming. and
the second one alleging that they set up a
gaming table.
After alleging that the defendant set up
and kept place for the purpose Of gam
ing the Indictment continues
For such purpose of gaming did engage
in and conduct on the day and divers other
days aforesaid pretended brokerage busi-
ness under the name of Wade & Hedges
for the making of contracts between them
the said Wade and the said Hedges and
other persons. for the pretended buying on
commission for such other persons by
them said Wade and said Hedges as brok-
ers, OF shares of the stocks of railroad and
other corporations at price, 10 be agreed
upon between them. said Wade and sad
Hedges and such other persons. and being
the market prices OF such shares Of stock
on the New York Stock Exchange, at the
time and times of such transactions as
such market prices were reported by tele-
graph to them, said Wade and said Hedges
and by them received from time to tine
on the day and divers other days aforesaid
at the place and office aforesaid
and with no intention on the part Of said
Wade and said Hedges and on the part
of such pretended buyers in such transac-
tons that they, the said Wade and the
said Hedges, should deliver or obtain and
deliver to such pretended buyers the prop
erty so pretended to be contracted for. and
with no intention on the part ot said Wade
and said Hedges and on the part of such
pretended buyers in such transactions that
such pretended buyers should pay for and
receive the property SO pretended to be
contracted for but with the understanding
between them. the said Wade and said
Hedges and such pretended buyers that
such transactions should be mercy betting
and wagering contracts between them, said
Wade and sad Hedges and such pretended
buyers, upon the fuctuation in the market
prices OF the shares OF stock contracted
for, that is TO say. mere bets and wagers
in each instance upon future rises and
falls in such market prices. and that unde;
such bets and wagers in case there was
such rise such buyers should win. and in
case there was such fall the said Wade
and said Hedges should win. and that the
sums to be paid by them. said Wade and
said Hedges to such pretended buyers in
such transactions and in settlements OF