New-York tribune., 1908-12-10
SUITS DUE TO KETRfN.
Banking Institutions Bring 4ctions
an Notes He Discounted.

Fszis-- banking institutions which were caught
= the ruz7icisl operations Of =. T. K~iran r-o-
T-a'er ot Tie Fidelity Funding company. which is
-ov IN the hands of Thomas + ,iiIrov. fr. as re-
csTer. hegar suits yesterday in Pittsburg ,7eye-
lsl5 sn0 NeWcastle, Penn. 10 recover on notes
discounted tr heiran. or his Ocmpany Meanwhile
5Hs rooe of 81 she large Eastern cities are seek
'7s 70 arrest heiran on = charge Of larceny.
The Carnegie Trust Company. Of this city has
brought slit IN ;he United States District Court a
lftEPfrs AGAINST the Holy Family Orphan Asy-
--H o. EIsv9-th. Penn. 10 collect 81 .234 * on
.PI- uotes made - the Fidelity Funding. Company
f-d indorse5 70 the trust company i.y TLoiran.
80 has also been brought against tho Rov. Jan
AD9 Rydk@ zevs}i. of BraGdock. Penn TO collect
"a" "a seven notes, and against the Society Of
if H0-- Family. tie -. EItEs Italian Church and
'- s. Nsrr+s Polish Catholic church. all or New
ogia Penn. 10 collect SiSs.r'a notes.
.'e American Trust Company. Of Boston. and
'r' SHs0rut National Bank. Of the same CITY
sTe tr g- suits II PittsbuTE against the Society
' th@ Holy Family to collect $3.50 on notes dis
counted for keirsn- The Clinton Trust Company
r iook Haven Penn, filed suit in Cleveland
'zsns' fH= Fidelity Funding Company and J. P
5eeEan and the Ra7. William Mcmahon. Of CIeve-
RIO fg collect $4,000 on a not" signed Jointly by
Errzr and the two men named. The note WAS
gre" ra T. = NoNaui- and was I1dorzed by him
i1 'he fr.~- e,,Iu-auy.
. d. J. sE.n-cu- president of the Carnegie Trust
'aaIa-r. SAID that She suits spoke for taarnsevcs
eil"- similar suits iu she near futare. M.
'71t said THAI 1hes- suits were orI. 2 beginning
10 t+er Tho amounts involved wouIG look ms 2
meant WHe1 be began dl5rE The suits which h
Intended 10 bring against number Of local bank
II Institutions TO recover bonuses paid by The
--lnC company 20 obtain loans
fr 'ri.roy said that. pending the apprehension
. af-ran and the recovery OF the company's
books fa~ which Ee j. searching he had given out
-'-t sl tho Information he had in regard 10 the
'-zrS ~ -is concern. lie said ne had discoz cred
--'1ls 10 lead -ir1 TO change MS original e-ti-
H5'e at the liabilities would exceed the assets
'r al least N5oago
HsHa-.1ge colby. counsel Tor KeIrsn. SAYS he
'-s Kept Nr- GiiIoy Informed ae 10 Kcfrans move
''-ars ever since 7sle reeoivr-.l5u began. but Gil
s oel-es this. Gi-.og says thai he has inter
81 m kei-sn's auast. nut merely wants TO get
J ss@sslon Of tIr companE's books SO he can dis
cove where i-s affairs really stand Nuns and
lF-s5S ia irEe numbers -tsfteG the receivers office
fs'e7da-- bun he had little comfort to Offer them
A.osr 90 tae visitors were DEBTORS q the company
@ha wanted 1o find out bow many notes they had
'i'sraudng.
years ago. IA partnership with z AIr. NcAaam,
CO. dealer Later this firm was reorEa 1ized -
Ne Toronto Wood and ShluCle Company. which
tsearuaIly failed
ne attention Of Cardinal Gibbons. AT Baltimore.
= called 10 the following statement aItTlbuteJ re
F" iillam Nelson Cromwell regarding the failure Of
ne company; Since the trouble with the funding
'i-IaI'S began have been appealed 10 b1- many
Euitar1es high ia The tr--,l, i1,,7;,,~, ,,-4;-,.l
ibooi's 70 act IN their Interests Tie Cardinal
ep-'eo by saying that he lad never had snv com
inunleat-cn. verbal OF write. y.7rt, M ,-,.-l
40 this subject ana tlal ll4 ...f r.... f,.t ....
'iatsar-l9n VITA rLe company.