New-York tribune., 1908-05-21
IA M'INTYRE INDICTED
T4KEN TO COURT SICK.
Doefors Protest - Grand Larcenu
the Charge.

-,ornas A Mcintyre, senior member Of the
Bankrupt brokerage firm Of T A Mcintyre &
"a was indicted yesterday by the grand jury
:, q charge of grand larceny. Judge Rosalsky,
18th whom the indictment was fled, issued a
,.rcb warrant for the broker. who has been a
atieur for the last three weeks at Mrs. Ashton's
ratori1lrl in West 61st street.
1,s-active Lieutenants McConville and Nelson
or- 70 the sanatorium, where they took the in
acted man into custody He was in his room
-+ired in pajamas. and made vigorous protest
eainst his arrest. in which his physicians
,oined The detectives said they would call an
ambulance and have the prisoner taken TO Belle
enc Hospital if he was too sick 10 go 10 Police
.1eadouarters Mcintyre then quickly dressed
himself and with the detectives took taxicab
,o Police Headquarters, where his pedigree was
taken.
BEFORE they reached the Criminal Courts
Building. however. a physician from the sana-
.ariurn arrived at the court and showed much in
dirnation over the removal of Mcintyre from
the sick room He is very sick man., said
the doctor, and this proceeding might cost him
his life They could just as easily have placed
him under bonds at the sanatorium or let a
noliceman there to watch him
NcIntyre looked worried and frightened when
he appeared at the bar. ]. II. McCrahon repre-
sented him in the absence of eX-District Attor-
ney Graham. of Philadelphia, who is to be his
counsel in this case. Arthur c. Train. Assistant
district Attorney. asked that the prisoner be
held in $4,000 bail. He explained that about
one hundred complaints had come to the Dis
,rict Attorneys Office against the Mcintyre firm
from persons who had lost money through its
-nanipulations and intimated that other indict-
,nents would probably follow this one After
some argument Judge Rosalsky fixed the bond
81 $4,000 which the National Surety Company,
of No. 115 Broadway. promptly furnished.
While waiting in the office OF the bond clerk
20 have the bond made out, Mcintyre displayed
considerable weakness, and had to be placed in
q chair Later he walked, resting on the arm
Of his physician.
About one hundred customers have complained
that their securities were either sold by the Nc
lntvre firm or hypothecated collateral for
loans The specific case on which Mcintyre was
indicted was that involving the securities Of
Mrs Ellen J. Sedgwick, OF Hartford Conn The
latter took certificate representing sixty shares
of United States Steel preferred stock 10 the
Hartford office of T. A Mcintyre & Co 10 have
zen shares transferred to her nephew. McIn-
,1-re's agent sent the certificate the main Of
fee at No. al Broadway, New York, but in
stead Of having the desired transfer made the
firm put the certificate up as part Of the secur-
sty placed with the Metropolitan Trust Company
for a large loan T. A Mcintyre & Co
Nr Train said that the senior member of the
Mcintyre firm had established a rule that the
securities of customers should never remain idle
in the office but must be placed out as security
for loans TO the firm. He would Obtain dally re-
port OF all such securities outstanding Mr. TRAIN
said and would make good to customers VINO de-
rnanded the delivery OF their paid for stocks or
bonds by continually making suhstltutlons OF
newly received securities Mr.. Train said ne
had learned that two weeks before the crash
came Mcintyre sold every share of stock held
for customers which the latter had paid Tor In
four years. said the Assistant District Attofhey'
T A Mcintyre had drawn SSooeoo out OF the
firm