New-York tribune., 1909-04-17
SAYS M'CARREN OWES
FAILED FIRM $124,000
FOR HIS EVIDENCE.
Brooklyn Senator SubpGenaed to
Appear Before Commissioner in
Ennis & Stoppani Case.

Counsel for Receiver Russell reported yestsr-
day Judge Holt in the United States District
Court that State Senator Patrick H. McCarren
owed the bankrupt firm of Ennis & Stoppani
$4,000 and he obtained an order from Judge
Holt for McCarren's appearance on Tuesday be-
fore United States Commissioner Alexander.
who has been appointed by the court TO take
testimony in the bankruptcy case. The order
recites the fact that "blnd" account No. $50 on
the books OF the concern has been traced to
Senator McCarren. and shows that he has an
unquidated debit balance OF the amount stat
ed covering transactions with the firm running
back about four years.
Ever since the failure there have been per-
sfstent reports in Wall Street that Senator Nc
Carren largely interested in the suspen-
sion of the firm. but the extent Of this interest
did not become known until yesterday. About
thirty-fve other large blind accounts. it was
learned nave been found on the books. but
these have not yet been traced. 1t was said
that account No $50 had been a very active
Two other orders were obtained by the re-
cever from Judge Holt yesterday. one. requir-
ing the appearance OF the two principals and
number of other persons, including members OF
banking and Stock Exchange houses who are
supposed to know something Of the affairs of
mother-in-law and sfster-in-law OF Mr. Ennis
and several trust companies to show cause why
they should not be restrained from transferring
or otherwise disposing of assets IN their posses
sion which the receiver believes belong 10 the
firm. This last order is returnable on April IL
WITNESSES sUBPENAED.
The witnesses who were ordered TO apPear
before Commissioner Alexander, in addition 70
rba ba0 ira
Robert McMichaeI and Charles Noble Foster,
confidential clerks Of the firm; Treadwel Cleve-
land assignee OF the firm and personal counsel
for the two partners; Frank W Graves and
Charles h. Stewart. members OF the New YORK
Stock Exchange firm of F. W Graves & Co.;
Frederick W Holder. Lemuel v Holder and
William B. Anderson formerly members Of the
New York Stock Exchang= house OF Schu-
nacher & Co. which firm however. does not
aDnear in the latest stock Exchange directory;
william c. Lane. president. and Walter j. Bar
rows secretary Of the Standard Safe Deposit
Company; George W Adams cashier of the
National Reserve Bank with which the hrm
had an account: Joseph H. StOppani- brother
Of Charles F. Stoppani. OF the failed firm. and
Walter B. Hotchkin. members OF the consoi-
fdated stock Exchange firm OF StOppani &
Hotchkin OF No 66 Broadway; the Peoples
Trust Company. OF Brooklyn the. Produce Ex-
change Deposit and Storage Company: Mrs E
A Riley. mother -in-Iaw. and Miss Florence
Riey sfster-fn -fn-Iaw. Of Thomas A. Ennis
The last four witnesses have been suopoenaed
in connection with the order to show cause why
certain assets in their possession should not be
transferred or otherwise interfered with. which O.
is returnable on Monday. Mrs. Elizabeth Ennis.
who is understood TO be the mother of Thomas
AE Ennis has been subpOenaed-
The subpenaing Of New York Stock Exchange
L., yCirn he o.
the failure Of Ennis & Stoppani aroused con-
siderable interest in Wall Street. under tbs
rules Of the exchange they are strictly pro-
hfbfted from having any dealings with the Con
soIidated stock Exchange 1t is thought prob
able that the authorities OF the big board" will
make an investigation to find out what. IL any.
transactions these houses had with firm that
was member of the little board
PARTNERS DID NOT APPEAR
The two partners Of the failed firm did not at
tempt TO hold any communica ton with the re-
caiver Yesterday Treadwell Cleveland, their at
tornev said that they both in the city. but
declined to state where they could be found II
was said on good authority. however. that they
we're both at Mr. Ennis's house at No $50 Park
Place. Brooklyn. and had been there ever since
the failure.
/, Vas learned that Mr. Ennis had houss
at Auenhurst. y J.. and also number Of race
horses and automobiles. the present ownership
of which the receiver is investigatiug- If Ennis
is found still to be the owner or that he has
transferred his title since the failure they viii
he included in the assets. Mr.. Russell said yes
terdav that while there had been no decrease in
the liabilities the assets were slightly better
In explaining why he had not pressed the
brokers to appear and make state
ment in regard to the affairs Of the concern.
Mr. Russell said that his first duty as receiver
was to the creditors. and that by giving the
more time they might be able TO get
their relatives or friends TO come to their
assistance in paying OF their indebtedness.
which would be- OF course. of more benent TO
the creditors than any explanations the part
ners could make as to the cause OF the fallurs-
II was still possible. he added. that they might
appear voluntarily and not wait To be served
with the subp9nas issued yesterday
Mr. Russell asked the newspaper men 70 say
70 the great number Of creditors from whom No
was receiving letters every day that it was I'M
possible for him to reply To their inquiries al
rresAnt that everything was in statu quo. out
that their rights as creditors would not oe ln-
i,,rad nv waiting He also stated that the pre-
URINARY hearing of creditors called for next
Thursday at O'Clock would be held IN ths
oe7ces of Suffern & Son. at No. 100 Broadway.