The sun., 1908-01-16
SHERIFF VISITS JONGSSON'S
ARRESTS STONEHAM OF ABROAD
WAY IN CUSTOMERS SUIT.


Three weeks Later ana Kept the Money
Thereafter Paid owner q Dividend.
Charles A. StonehAm. head Of the firm
of o. +. JonassOn a Co. Of a. Broadway,
which has branches in Boston and Pitts
burg and whose exploits have been spoken
Of in The sun from time to time, was ar
rested late yesterday afternoon on an order
signed by Supreme Court Justice Green
baum in civil suit in which the complainant,
Ernest 3. Webster a farmer of whiting,
under the firm name Of o. +. Jonasson a
CO.. converted to his own use I 900 shares
Of stock Of the Francis Mohawk mine
and sold IL for ses4e0.
Stoneham was arrested by Deputy Sheriff
Mayforth. who has had the order Of arrest
since December "a The building at a
Broadway has half dozen exits and II
wasn't until yesterday that Mayforth
caught Stoneham in the ONCE, A week
ago he chased his man on a street car but
Stoneham got to Pennsylvania ferryboat
for his home in Jersey City before the deputy
sheriff did.
The mining stock man was arrested at
about O'Clock The Office safe was searched
for the 81 900 necessary for bail, but only
about 500 was available. After several
hours hustling StonehAm's associates got
bail at hotel near Forty-seoond street and
Broadway.
With the complaint in the case. which
was fled by Reno r. Ellington, also Of
~ Broadway, are affidavits by Webster,
the complainant, D. Mackenzie, a mining
stock broker Of GoldReld. New, Attorney
Ellington and Parker Norton, who runs an
information Office at ~.
Webster says that Stoneham, as o. F.
JonassOn a Co.. advertised widely that he
would loan at per cent. upon any listed
stock twO-thrds OF the value and would
hold the stock thus loaned upon for ninety
days or siI months, OF until the borrower
desired to pay Oh the loan. Webster says
that on May 20, 1907, he had 900 shares Of
Francis Mohawk and Leasing Company
stock, certificate ll04, on deposit with D.
Mackenzie a Co. OF Goldheld as collateral
for loan Of $500. Webster was paying To-
hdCAenAto Id pcE CSuNs lnbcIcot hPF5 ?.
when he saw the advertisement Of o
JonassOn Il Co. Offering to loan at Q per
cent. ne wrote to that concern that IL 1t
would send the Goldfield firm S41S to pay
the loan and interest he would give his
consent to the transfer OF the stock from
ID. Mackenzie a Co. to o. F. Jonasson
Co. A few days later the change was made.
He learned later that on June 20 the de-
fsndant without any authority or right
sold certificate 1I04 OF the Francis Mohawk
stock on the San Francisco exchange for
S0s4.SO. On the day the stock vas sold,
the affidavit says. the defendant wrote
Webster as follows:
We are enclosing a new note and would
request that you sign same. We also wish
to call your attention TO the fact that the
Mackenzie Company charged you sI5 in
terest in your note; this is very high rate.
and we also wish TO call your attention to
the fact that our interest charge is . per cent
on all loans.
Websterg complaint says that the note
in question gave the defendant authority
TO sell and transfer the stock at public
or private sale at the option Of the defendant.
while the note he had signed gave the de-
fendant no right to dispose Of the stock.
He declined TO sign il. He says that al
though the Francis Mohawk stock had
been sold on June 20 he received from the
defendant a dividend OF 500 on the same
on or about July 1. which was sent him
for the purpose Of persuading him that
his certificate OF stock was still in his name.
He wants his property back.
The affidavit Of D. Mackenzie says that
his company had the Francis Mohawk
stock on June last, and in accordance with
Webster's orders turned il over to onas-
son a Co. Immediately thereafter. on or
about June 20. 1907, the certiAcat was
sold on the San Francisco exchange for
Ses4.5O, delivered to d. Mackenzie a Co.
and transferred to one OF that company's
clients.
Attorney Ellington says in his affidavit
that he has demanded his clients property
and has not got il. Parker Norton de-
clares that StOneham was one OF tie in
corporators OF the bucket shop concern
OF Haight 4 Freese.
Webster, thu complainant. occupies
eighty acres Of land on hillside near Whit
ing. VT, on which he raises hay. He has
a family OF eleven.
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