The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1909-11-07
MONEY OF COMPANY is
LOST IN SPECULATION
Woman in Chicago Also Figures in
Case and 1t Is Claimed That She
Used BlackmaiI to Effort
the Money.

High officials of the New York Central
system, of which the Big Four road is
part. are appalled, by the disclosures
from the investigation of the treasurers
office in Cincinnati
The expert inquiry has proceeded suf-
1iciently to Indicate that the shortage OF
Warmer as previously estimated is very
small when compared TO the amount ac-
tually diverted from the treasury. The
shortage, from present indications, may
reach, if not exceed 5000 900, IL is feared.
Efforts are now being made to locate
the persons to whom this vast sum was
distributed. 1t is believed that warri-
ner himself got very small part.
At present detectives in different parts
of the country are trying to trace the
whereabouts of certain persons whose
names Warmer furnished In his con-
fession
A singular discovery was that one OF
tho most persistent ''bleeders'' was a
woman whose name has not vet heen
brought publicly into the case She was
friendly with railroad official. who.
while in his cups told her of warri-
ner's predicament and how he was be-
ing made to pay for it. The woman took
the hint and her demands on warriner
are said to have been larger than those
of any of the rest.
Goes to Grand Jury.
The case of c. L. Warriner. deposed
treasurer of the Big Four railroad, ac-
cused of misanpropriating $4,000 rail-
road funds, has been referred to the
grand jury for an investigation. War
riner was formally placed under arrest
this morning and bound over to the grand
jury by an examining magistrate who
released him on $4,000 bond. Several
personal friends acted as suretfes. Be-
fore the magistrate, the accused OFFICIAL
pleaded not guilty to the charge of en-
bezzling $4,000 as charged In the indict-
ment
Newspaper men tried to ask him IN
regard to the charge, but he declined
to answer questions, except to intimate
that he was not alone In the affair a,.l
deny the report that he had lost large
sums playing poker. Although the case
has now been sent up to the grand iurv
for action 1t Is said that there will he
other developments of an interesting ma
ture in few days. Many familiar with
WARMERS affairs are looking forward
to some such denouement
Statement of Officials.
After Warmer had been placed under
arrest officials OF the railroad gave out
a statement showing what had been done
by them to straighten out the Irregular
tiles The missive states that all OF
the shortage except $4,000 had been made
good. The method by which Warmer
had carried on his pecuations for such
long period was also disclosed.
1t is said he took the money from re-
mittances made by agents and then cred
tied the extractions against money i'm
transit" account to conceal the discrep-
ancy. The money, according to this state
ment. was lost. first by speculation; sec
ond. efforts TO recover on losses by spec
ulation; third. blacl1mail paid to a wom-
an friend of the clerk
AS far as known here nothing has been
done with regard to Edward Cook and
the mysterious Mrs. Ford, accused bv
Warriner of having levied tribute upon
him
Sensations Expected.
Highly sensational developments involy-
ng other railroad officials in Cincinnati
are possible within the next few DAYS
81 am not alone in this case said
Warriner when he was arrested
That statement. it is declared, is fraught
with much significance. Prominent ofl-
cials of the Big Four railroad have been
cognizant for some time OF shortage on
the books of Warriner
Warriner will not be prosecuted to the
bitter end. because he has knowledge OF
certain affairs in the history of the Big
Four that its highest officials are just
as anxious to keep from the public as
Warriner was anxious to hide in deepest
secrecy his theft of 100000
Any settlement of $4,000 on Warriners
bond made by the American Surety COM
pany will be payment In a circle that
Will go back to the surety company. The
American Surety company would be re-
lentless In its prosecution of Warriner
otherwise.
These statements in the mystery en-
the case of c. L. warriner
were made Saturday morning by an OIL
cial of the Big Four railroad on condition
that his name be withheld.
Many Are Involved.
This is long story" said warrriner.
"and don't care to go into 1t now.
There are others involved, but their names
will come out at a later time. | do not
wish to minimize my own offense But
the whole blame for this unfortunate af-
fair should not rest alone on my shoul-
ders and will not"
Warriner waived examination and war
bound over to the grand jury Bond was
fixed at $4,000.
Edward Cooke. a former clerk in the
Big Four offices in Cincinnati, and now
living in Chicago. has been named in
with the defalcation of Warri-
ner Cooke it is alleged, is one OF tbs
men who knew of WARMERS defalca-
tion.
Cookies attorney in Chicago denies that
Cooke profited by WARMERS misfortuna
Cooke authorized his lawyer, Delvan Cola
to make statement for him. The lawyer
said
Mr.. Cooke wishes to deny absolutely
that he is guilty OF any charges made
by Warriner. He says that Warmer Il
In bad and is now trying to put the