The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1909-07-02
It Is Possible for the Court to
impose Fine of $4,000 and
Ia Years Imprisonment on
Each of Them.
RESTRAINT OF TRADE
HELD A MISDEMEANOR
There Are Fourteen Counts in
Indictment, Each Providing
$1,000 Fine and One Year
Imprisonment. ...--.-

New York. July 2.-The six direc-
tors of the American Sugar Refining
company. commonly known as the Su-
gar Trust, and two other men. indict-
ed by the U. S. grand jury for viola
ton of the criminal clause Of the Sher-
man antitrust law. today face a fine
of $4,000 and fourteen years in Jail.
Conspiracy in restraint of trade"
the charge against the defendants, is
a misdemeanor under the federal sta
tutes. There are fourteen counts in
the indictment. the maximum punish
ment for each being fine of $1,000
and one year in prison.
Who the Men Are.
The men indicted are Washington
B. Thomas who succeeded the late
Henry o. Havemeyer as president OF
the trust. For years previously he
had been a director of the company
and influential in its affairs. Mr..
Thomas is a New Englander by birth
and still resides in Boston.
Arthur B. Donner. who was treasur-
er of the trust many years under the
Havemeyer administration, and re-
Gently was made vice president. He
is regarded as one of the most expert
sugar men in the world. His residence
is at Rive, N. Y.
A Shrewd Manager.
Charles H. Senff, who has been a
director of the corporation many years
and is regarded as one OF the shrewd
est managers. He devotes himself al
most exclusively to the company's at
fairs.
John Mayer, who is capitalist OF
large wealth resides in Morristown
N. j., and when not in Europe goes
to his office at Sugar Trust headquar
ters nearly every day.
! George H. Frazier, whose business
interests are more varied than those
OF his fellow directors, is banker a.
So Wall street.
Eighty Years Old.
John E. Parsons. who is now eight!
years old, has been chief counsel TO
! the sugar trust since it's organization
He is said to have received a casl
fee of 100000 for framing its article
of incorporation. Mr.. Parsons ha!
been for forty years among the mos
prominent laymen of the Presbyterian
church in this country. He is nov
one of the pillars of the Brick churcl
in Fifth avenue.
Gustav Kissel, one of the bes
known brokers in Wall street, mum
bers the Vanderbilts among his Gus
toners and intimate friends.
Thomas B. Harmed. q Philadelphia
lawyer of high standing and EXTENSIVE
lpractice.
Wall Street Broker.
Kissel is the Wall street broker
who acting as the secret agent Of tn
trust. made Re loan of $1.25o.ooo t.
Adolnh SegaJ of Philadelphia in 1905
by which the trust get control of on
of its principal competitors. the Penn
sylvania Refining company, and pre-
vented that plant from. being operated
Harmed was Segal's personal counse
in the negotiations with Kissel for tn
loan.
]. Lawrence Aspinwall, foreman O
the grand jury, reported the presert
ments to Judge Hand in the crimina
division Of the U. S. court. The onl
one Of the defendants present wa
Ksse1. Judge Hand instructed tn
counsel Of the corporation and the II
dicted individuals to have their client
appear before him at 1880 o'cloc
next Tuesday morning
The defendants, 1t is said. will clair
their right to reserve their plea 70
twenty days. Then they will appea
again before Judge Hand and a tim
for the trial will be agreed upon, prot
ably in November or December.