New-York tribune., 1908-02-19
MORSE FACES BIG TASK
TRIES TO RECOUP LOSSES.
Pleads Not Guilty to Perjury
CHargf-Ba7 $40 .OO0.

dic-1nenr and was released an S1OfsuJ bail Then
he went downtown and vas busily engaged f1r
the rest OF the day trying 10 rehabilitste nis
once large fortune. No more indictments WEE
filed against the eliminated banker yesterday o.
either the county or the federal grand jury nor
were any other new suits instituted
Philip J. Britt counsel for Mr.. Morse, said yes
terday that the action Of District Attorney
Jeronles Office toward his client savorsd strong
Iy OF persecution Asked 10 explain Nr- Britt
said ne referred to the sending % three de,ec-
tives down the bay 20 arrest Mr.. Morse when -
was returning 20 surrender himself voluntarily
and 70 the finding of a Indictment for perjury
against his client after the grand jury lad al
lowed him TO correct the testimony thar u nor
alleged to be pertured-
MORSE NOT ENTIRELY BROKE
one OF the interesting Developments Of tire
day - the denial by close personal friend ot
Mr. Morse OF the numerous published stories
that the latter fs 50 crushed financially he hs=
not even enough cash % pay counsel fees This
friend classed these stories pure tabTicartors
Why" said the speaker. I know for 3 faTt
that Mrs Iorse's Jewels worth at a mini
mum valuation between $4,000 and 100000
while the furniture IN the Morse home IN Fifth
avenue is easily worth at least s50,so Tnfs
hardly looks as II Mr. Morse would be hard pHs
TO IL TO find counsel fees II viii not be necessary
for him 10 sell his vffe's Jewels, however. -
raise money for current expenses People vho
circulate and believe such tales do not know th-
man they are talking about
SHERIFF GETS THREE returns
Three returns were made yesterday to ths
sherirs office on the attachments which he Ma
rionaI Bank OF North America receiver has
caused 20 be levied IN his suit against Mr. Morse
Mrs Morse s7<ears that all the furniture and TT
NJ g
nue., which she appraises az $4,000. belong 70
her She saws that she was married to M
Morse IN 1901. and has occupied the preseus
house since 1906 Prior 20 going into the houss-
she says, she had if renovated and redecoratAd
at her own expense. Through O'B-ten. Board
man & PIatt- who fled the affidavit Mrs NOrSs
SAYS that unless the attachment Is removed ar
once she will institute suit against ths Sher11
for $1,000 damages
O-Brteu Boardrnan & PIart also reported -
the Sheriff IN the attachment proceedings The
firm is holding 66T shares Of stock OF the Na-
tionaI Bank Of North America. 500 shares Of th7
New Amsterdam National Bank. 500 shares q
the Fourteenth Street Bank and 100 shares o.
the Garfield National Bank 70 cover Claim OF
100000 against Mr.. Morse Albert B Board
man has two-thirds interest IN the GarHsid
National Bank stock for claim for legal se--
vices and disbursements
Wallace o.,
ported that they were holding 100 shares of the
Garfield National Bank stock 200 shares OF The
Hudson Navigation Company stock and SJ"'f+'
Of the Consolidated Steamship Company's bonds
as security for a claim against MI Morse
The movement 20 force Mr.. Morse into bank
rrIptcy. in which number OF his largest credit
ors are interested. has as yet resulted N NJ
definite action The petition asking that ne De
declared an involuntary bankrupt must %
signed by at least three creditors. and SO far u
has been impossible TO get the required nnrnne1-
In making canvass OF the creditors II develops
that az least one OF the suits recently fled
which resulted in an attachment against certain
property OF the banker, is OF a friendly nature
Another large creditor does not want Mr. Morse
declared bankrupt for the good reason thar n
is alleged 10 have received preferential treat
ment Two OF his creditors are ready 70 force
him into the bankruptcy court bu- so far Il has
been impossible 20 find a third
MP. MoRsE's COUNSEL ACTS.
Notice OF an application for a court order 20
vacats the attachments issued against M
Mo-se-s property in the suit fled by c. A.
Hanna receiver FOR the National Bank OF North
America TO recover S243.OOO and interest due
the bank on several notes was served yesterday
on Thomas E Wing. NJ Hanna's counsel Ins
motion cites defects in the attachments. and -
-eturuabIs on Monday. Such action on tie parr
Of Mr. Morse expected
When Mr. Morse arTaisued before Justics
DoxIins to plead 70 the perjury Indictment there
was a lively tilt between Assistant District A.
torney Kresel and Mr. Britt The former
wanted bail fixed al $4,000. 20 which the latter
strongly objected
we object your honor Mr. Britt exclaimed
Such bail on a perjury charge Is uncalied for.
Prisoners here in this same court have been re-
leased in s. 800 bail when charged with this
same crime The action os the District At
torney's Office IN asking sucn an outrageous bail
= IN keeping with the action IN sending three
burIy detectives down the bay 20 arrest M
Morse on his coming home from Europe 70 VOL
UNFAIRLY surrender himself u - absolutely III
derensible. Such bail IS sxorottanr and ou'-
rageous-"
RAII, FOR PERJURY CHARGE $4,000
Justice DovIfng then fixed bail al $4,000. and
set Tuesday for the hearing Bail was furnished
by the Fidelity and Deposit Company. OF Mar
land. the same concern which went Mr-
Morse's bonds for $4,000 in connection with the
Two indictments for grand larceny
The perjury indictment mentions the names ~
Charles W Morse. Edward P Thomas. Alfred
II Curtis and AdoIph FadO. and goes or 10 a.
| cuse AIr Morse OF having made deniaIs before
/ the grand jury OF what seemed conclusIve ~-t-
denca OF knowledge on his part OF certain tr'irs-
| actions On September Is 1907. the Indictment
| SAYS z P Thomas director OF the Provi-
| dent Savings Life Assurance Society OF t-sst
day the society opened an account with ,he Na-
tlonal Bank OF North America and made de-
posit OF $4,000 II then alleges that Nj Th'1-ss
| gave his prornissOry note for s50000 and tH>rS-
upon the bank loaned him that
On January 2s. 1908. at certain investigation
I before the special grand jury. says the indi,s-
/ Inent. Mr.. Morse called = witness. Il BE-
/ came material 70 ascertain whether the losu %