New-York tribune., 1908-03-12
MORSE INDICTED AGAIN.
CURTIS ALSO IN TOLLS.
Federal Grand Jury Charges Con
sUiracy and False Entries.

4 Joint Indictment against ChaTies w Morse.
the eliminated banker, and Alfred h curtis
ex-president of the National Bank OF North
America. was handed up TO Judge Hough yes
rerdav in the United States Circs.t Court The
indictment contains tEyen1y-nine counts. eleNei
for conspiracy and eighteen for false entry.
when arraigned to plead the indictment both
defendants entered plea OF not guilty ana
ssked for thirty days in which TO change the
pless. Judge Hough granted them two weeks.
and argument on the motion was set for the
week beginning March so.
Judge Hough fixed bail at s3o.o0o for Mr.
Morse and $4,000 for Mr.. Curtis. Pending the
signing Of bail bonds both defendants were pa
roled in the custody OF counsel until the affair
could be adjusted before United States Com
missioner Shields. Bend for Mr.. Morse was
supplied by the Massachusetts, Bonding Com
I.sny. while Mrs. William Carroll, sister-in- law
of Mr. Curtis. signed his bail bond Mr.. Morse
is also under indictment in the county courts on
The charge OF perjury and grand larceny in con-
uec1ion with loan Of $4,000 z. r. Thomas
snd d sale of bank stock 10 ex-Justice Morgan J.
- oBrieE, and is under $4,000 bond.
MF. Morse after bail had been fixed for him
and his cO-defendanJ. turned to his counsel.
James NJ. Clifford and discussed his bail in
rather indignant tones He did like the
idee Of bail ia his being flxed at $4,000.
just triple the amount demanded for Mr.. Curtis
Well" said Mr Morse. 4 suppose / am the
goat as usual
According 10 ex-Judge ". N K Olcott. who
represents Afr. Curtis the eighteen false entry
counts are found under Ihe enbezzlement stat
and comprise false entry with intent 10 de-
Ceive the government bank examiner II is
charged AIr oloo1t said that the alleged false
entries made 10 speculate in Ice Trust
stock for the benefit Of the bank. This, il is
18Th he q
money 10 & dummy. said 20 have been Leslie NJ
Whiting. a clerk in the Office Of Primrose *
Braun. the Morse brokers. This money, II Is
charged. never reached Whiting While his
name was used on the books Of the bank the
FUNDS il Is charged. were used by Messrs- Morse
snd Curtis to buy Ice Trust stock In each in
stance. Ny Olcott said. the deal resulted in
profit 10 the bank
FALSE ENTRY PENALTY FIVE YEARS
Under the false entry charge. if conviction is
FOUND. penalty Of not less than five years can
b. imposed The penalty the conspiracy
charge & not more than FIVE years The indict-
1neut is looked upon exceptionally strong
sn6 * said TO have been drawn by Oliver c.
Pagan. Of Chicago. indictment expert OF the De
part171ent Of Justice Henry L. Stimson, United
states Attorney. announced that Mr.. Morse and
M Curtis would he tried together
The first count charges general conspiracy, IN
7hst the two men, with others unknown, are al
legged 10 have attempted 10 defraud the United
States by the means and methods Of false
entries apperJainng TO securities ana loans
The second count Is also a general one The
FRS and the second counts contain as example
- overt acts pencil memorandum Of the name
X. = GeIshenen, No. 1905 Fifth avenue" and
. check for S:s3 So. dated January 10 1906, on
the National Bank Of North America. payable 10
Mrs
Cselshenen's name was mentioned at the time of
The Morse-Dodge divorce case. In these two
indictments also appears a check for $50, l01 Il,
payable 20 John 2. Carroll. There are also
memoranda Of debts and credits, in which ap-
pear the names of P ". Poor. Wesley NJ Oler
and Whiting. MI. Poor is president Of the Gar
field National Bank and Mr. Oler Of the Ameri-
can Ice Company.
Counts three 70 ten charge the defend
ents with conspiracy. IN that they conspired to-
Eether tc make false entries ana a loan to
Davidson Brown. dated December ). 1895 for
SI:y5. 800 IS quoted The amount was afterward
changed and the name also 10 Leslie NJ. Whit
ing. but the amount was carried always as d
loan
The eleventh count charges conspiracy IN con-
rlection with a loan OF Sa60.eo0, dated February
J.. 1897. from the Knickerbocker Trust Com
Iany- procured by E B Wire, cashier Of the
National Bank Of North America and alleged to
be cover for transactions at first in the stock
a. the New York and Cuba Mail Steamship
Company and finally in the stock of The Con-
koIidated Steamship Company.
STOCK PURCHASES COVERED. IT Is SAID
Counts twelve 70 twenty allege. in general
false entries and reports. In this category
counts twelve TO fourteen cover specifically the
Knckerbocher Trust Company loan. and counts
fifteen and sixteen cover the allegation that the
hooks Of the National Bank OF North America
SHOW that later the Mercantile National Bank
shared in The deal. Counts seventeen to twenty
snG The buying OF stock under the guise and
through The method Of loan to K. a. Wilson
young woman zyho Has Mr. Morse's private
secreiary- This loan % the date Of April 6
1905. for &9G - - The loan now stands as Of
IIe date Of November - 1896. for S125.:;7t -
-C Counts JwenIy-one 10 twenty-nine inclusive
ere relative 10 alleged misrepresentation of
moneys IN Octo8er u. 1907. the allegation
beng that that date there was an overdrafr
NJ Morse Of S4:sf :i62 81 Il seems that
beginning October Il ana il and I'D 10
octcBer n M Morse sent out a great MINI
lesT of checks IN the list i one for S126 Oao
issued 70 2 Augustus Eeinze. dated October Il.
&.othe-. sent o1t on October Is TO Hooley
leonard & Smith was for s. oo0: another 70
Mayer q Co vas for $1,000. another IN
man named Schunaker. $4,000; another 10
AIber1 Loeb & Co. for sos 900: one 20 Arthur
Upper q Co, for 10000. and one to the Ma
1lonsl Bank Of North America for $4,000