The Barre daily times. (Barre, Vt.) 1897-1959, 1908-04-29
100000 Of Them in T. A.
Mcintyre & Cos Matter
THE RECEIVERS FIND
Many Suits Will BE Started Against the
New York Firm-The Head Of the
Firm III Since the Death Of
His Wife.

New York, April 20. Receivers Of the
big cotton, stock and grain house Of 4.
A, Mcintyre & Oh, after preliminary
Investigation of its affairs. announced
that 100000 Of securities in which Gus
toners Of the firm had substantial in.
Fterest are missing.
Some OF the securities Of which there
H. no record either ii the firms boxes Of
in loans with banks, it appears, have
been paid for in full and were left with
the firm, according tO tile c0rnmunica-
tions filed with the main Office 81 Me-
Intyre & Co.
"A have here list of securities. being
the assets Of the firm said Charles e.
birmingham, one Of the receivers, .but
tho accountants have not taken the trou-
Bile to estimate their yalne. The list
comprises nothing but eats and dogs
Of the street, securities which the firm
could not borrow on.
Irving l., Ernst, attorney for Mr. Bur
iingham, said claims had been filed for
at least 100000 worth of securities
which the firm did not have in its pos
session.
n 40 not know where they are,n said
Mr.. Ernst. @If these securities are in
bank loans they are the property OF the
banks until the equity OF the banks has
been satisfied, There II no doubt that
the bank loans are properly protected,
and there may be margin left for the
firms customers whose stocks are lodged
in the loans, but we are utterly at sea
as to what we shall do to meet the
demands 81 the firms customers
1t was said in Wall street that many
suits will be started against the mem
bers OF the Mcintyre firm To recover se-
eurities fully paid for. Under recent
decision Of the supreme court, a broker
Is compelled to deliver stocks and bonds
to d customer when The latter tenders
cash in payment in full for the securities
pledged with the broker.
Many customers did tender cash, but
the receivers in charge were unable to
locate the securities.
Thomas "A. Mcintyre, the head oil the
firm, is now in 0nsIow, N. G., where he
is said 10 have gone for his health. His
personal counsel, Maurice Leon, Of 90
Wall street, said that Mr.. Mcintyre is q
physical wreck.
After the death uf HIS second wife,
Is months ago. said Mr.. Leon, aMr.
Mcintyre seemed to collapse. His men
tai faculties seemed impaired and his
health suffered greatly. He came back
from 0nslow, his Southern seat, last
Tuesday To try It'd adjust the difficulties
of bis firm, but failed. On Friday night.
the day the failure Of hisAfirm was an
n0uneed, he left again for 0nslow. The
death 0f his wife, his troubles with her
daughter, now Mrs. Arnold Lawson. and
the enormous losses through bad debts
81 bis customers were more than be could
stand"
Mr.. Leon then told OF the troubles Mr..
Mcintyre had with bis wiFe's daughter,
who was Mrs. II. B. Seeley before she
married Thomas W. Lawson's son. Ar.
mold. Mt. Leon said Mrs. Lawson charg-
Cd Mr.. Mcintyre with appropriating $751;
600 of her mothers estate.
filed an accounting 0f the estate
of Mrs. Mcintyre added Mr. Leon,
which showed she had an equity Of IS,
100 above the mortgage on her house IN
West Seventy-first street and about 49,
900 in Jewels. She also owned trade
publication called Hardware, which was
published BY her son, Archibald Y. Mitch
eli, who committed suicide few months
ago
'En February, 1901, on behalf of my
client, Mr. Mcintyre, began suit against
Mrs, Lawson to recover $4,000 advanced
~ Mr.. Mcintyre at various times to his
Here Dir Leon took from his safe sew
aral bundles Of cheeks and vouchers,
which He said represented payments
made b. Mr.. Mcintyre to his step.
daughter.
have mot with the same diiatory
tactics in this suit that | encountered
II the suit fer an accounting brought by
Mrs. Lawson, added Mr. Leon
There was g report in Wan street that
Mr Mcintyre had gone to Europe with
j the lust few days. but this Mr.. Leon
lenied. He said the story was as absurd
Is another to the effect that Mr.. Mr.
Intyre had eloped with a nurse who has
been ii attendance upon him for more
han a year. Tho nurse, it was learned, |
lad gone with Mr. Mcintyre to OnsIow
q attend him in his present illness.
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