New-York tribune., 1908-02-16
MORSE HERE TO-DAY.
ARREST At QUARANTINE.
District Attorneys Men VIII Take
Banker Into CustodY.

this morning soon as the Etruria is in quar-
e,rine Detective Lieutenant Beery who is in
charge Of the detectives detailed to District At
torney Jerome's Office. will bc-rd the steamer at
Quarantine with another detective
.Ir Morse Will have to undergo all the
,,s,si irconveniences arrest but will be taken
81 once 10 the home OF Justice Victor J. DowI-
,nr in West sd street who will accept bail for
him. Mr.. Morse's counsel have already arranged
for bcndsnlen-
The special grand jury indicted Morse last
uondav. and the warrant for his arrest was is
,s5 last night The detectives will meet the
Ftr1lria al Quarantine on board the revenue cut
,er Hudson The detectives Will be accompanied
by Assistant District Attorney Isidore Kresel,
who will also go with them to the home of Jus
tjce Donling-
Commissioner Bingham intimated yesterday
that federal warrants also had been issued for
the arrest Of MI Morse. although Mr. Stimson
had said that none had been issued yet
some of the men, the Commissioner said,
-haye warrants as well the federal authoTi-
.rAs l,rt Of course cur warrants have been issued
81 that in case the federal officials do not act
We may get Morse
MORE LIGHT on MORSE DEALS.
More light has been thrown on the business
transactions Of Charles VI. Morse as a result of
he attachments served on all the New ork
hanks and trust companies by Charles A Hanna,
receiver for the National Bank of North America,
u his suit TO collect $4,000 and interest on
notes of Mr. Morse held BY the bank when it
spsDe7dea. The returns the attachments
shtw 70 date q total Indebtedness on the part
of M Morse to banks and individuals of 81,
B325oe
The collateral pledged to secure these loans
Is Of 9 decidedly mixed description and includes
several parcels Of Fifth avenue real estate. larg.
blocks Of Consolidated Steamship Company
honds stocks OF The Butterick Company the
United Copper Company and the Consolidated
Arizona Smelling Company and thousands of
shares Of stock in the National Bank of North
America The New Amsterdam National Bank.
the Mercantile National Bank. the Garfield Ma
rionsl Bank and the Fourteenth Street Bank.
II Is the opinion Of counsel for the receiver that
al the present market prices there is little or no
equity II any OF the pledged collateral, with the
exception Of the real estate.
Il develops that Mr. Morse owes John z. Ber
wind. Of Baltimore. a brother of Edward ]. Ber-
wind s5725G0 This loan prior to last October
was secured principally by a block OF s1.9o0,o0o
Consolidated Steamship Company bonds AT
the beginning Of the panic however. Mr.. Morse
gave NJ Berwind q mortgage for s350,0oo on his
house al No. 72s Fifth avenue. 1t is under
stood that Mr.. Morse received no more money
from Mr. Be1wind, but that the mortgage was
given merely as additional security. There is a
prior lien OF sf5oeoe the house.
DETAILS OF LOANS
The detailed reports returned on the attach
raents showed that Mr.. Morse borrowed Sl,15S,-
Coo from banks, trust companies and individuals
outside of New York and $4,000 from banks
and trust cornparies in this city II is under
stood that tie last named loans were secured
not only from banks in the Aorse-Helnze-
Thomas chain, but from numerous other Ne"
York institutions well.
Tie following securities were found TO be neld
collateral for the payment Of Indebtedness 10
z number Of banks, trust companies and others
outside Of New York City, aggresatlng SI'lSo'-
ta0:
80 shares Nev Amsterdam National Bank stock
80 saslss S.-Ifc aug 81 .Sntl srnertca stock
i5sS sa=res ci=1csnsiie National Bank socks
- shares Iziielser3eeSer Trust 1sonraT, = $50 5eA-
Desc 10 Nas 30 and - Fth avenue SUBJECT 10 'i'
Dee6 - " 7sG Fifth avenue subject mortgage Of
res - ,ss East s7,h street subject mortgage of
TIE following property was found to be
pledged 20 secure a claim of s572,5oO held by
John BerUind:
SIS coo Kew York ard Mail steamship Company
;ae eoe consolidated Steamship Lnes b9neE S ,0s,,
sI1se fiud. on Navigation Company bones payment
Ectes-e $4,000 On Nc 7os Fifth avenue.
The following securities were held as coilateral
:or notes aggregating about $S22,0oo owned by
certain banks trust companies and others IN the
City of New York
-a'si EGTteTiCk company sScch
$4,000 Consolidated Steamship Lines bones
1870 shares 1sezican Coal Coke COMPANY S'och-
81 shares KnicIeTb,eer Real Estate Company stock
.eSsS shares Consolidated ATizcna Snleilg COMPANY
: s5srss Title Insurance Company s.oek
Realty st3ck
shares United Copper Company stock
100 shares Buiterick Company stock.
faaa shares New Amsterdam National bank sioch-
80 shares Garfield National Bank stock
National Bank Of North America s'oce-
.nlTo William Campbell Wall Paper company D0Hu3-
receivable
sl7-7es IErdscn Navigation Company STOCK
t00 snsres s-ourJecrtb street Bank stock
HAVE no MORSE SECURITIES
The following banks AMI trust companies Oh