The sun. [volume] (New York [N.Y.]) 1833-1916, 1909-05-14
INDICT IN BANKRUPTCY CASE
LEGAL ADVISER OF TEE BANK.
RUPT INCLUDED IN BILL,

The Feinberg Purs disappeared n tht
bankrupt Says Lawyer, Whe In Hi
son4n.Law's Brsther4n.lAw, Had
Hand In the Game That was Played
Herman Feinberg. senior member Of
the firm Of II. Feinbere d Son, furrierf
OF u East Tenth street, which failed last
fall; Isabelle Minsky. his daughter; Ssmue
Medlin. q son-in-law. and Matthias Radin,
q lawyer Of $40 Broadway and a brother
fn-law Of Son-in-Law Minsky. surrendered
themselves before Judge Hough In the
FEDERAL Building yesterday TO answer
indictments charging them with pom
spiracy. An indictment against one
other person was found, but he has mot
been arrested as yet.
The charge against the FIVE persons
indicted is that they entered into q oon-
spiracy to conceal the assets OF a bank
rupt from his trustee. Tho Feinberg
frm failed last fall with liabilities OF about
$780, 600. The only assets that the trustee,
Jesse Watson. was able to get netted
about $500. as most OF the furs had APP
Parently- or non-apparently- vanished
just before the failure.
As a result OF this the Fur Merchants
Credit Association, acting in conjunction
with certain large creditors In Leipsio.
where the firm had bought largely. decided
70 make an Investigation; They retained
counsel and the lawyers hired detectives.
On certain testimony brought out at
the bankruptcy hearing FeinberK. who is
% years old was arrested In April on the
complaint Of the District Attorney. AT
that time he put the blame for ~concealing
the assets OF the firm on Radin and Abra-
ham Minsky. his s~on-in-aw; They en-
phatically denied responsibility.
The petition in bankruptcy against the
Arm was fled on November 4. Accord
ing to the testimony in the bankruptcy
case Feinberg received word from the
London branch OF the firm on October 20
to stop payment TO creditors. and on
that day there was a family conference
at the home Of his son-in-law, Samuel
Medlin. Feinberg declares that when he
announced then that he wanted his assets
all turned over to his creditors. Radip adj
vised against 1t and asked to have the mat
ter left In his hands. Radin. according to
Feinberg. said that he had put q relative
Of his through bankruptcy and that this
Both Radin and Minsky went on the
witness stand and denied that they had
taken part In any such conference. but
other witnesses sw ore that they were
present On October 20, three days be-
fore the failure. a lot OF the Feinberg
stock wa moved into the building at
% East Tenth street. adjoining Fem
berg's. and q sign reading The Bell
Fur Company was put up. Feinberg has
admitted that $4,000 worth OF furs were
taken in next door and that on the same
day Persian lamb and fox skins to the
value OF %. 100 were shipped 10 Canada.
Feinberg's concern also sold on the same
day O lot Of furs at any price, q man
buying 100 for skins at % cents apiece.
whereas the regular price was SITS,
The day before the failure. which was
Sunday. everything tia: had been left
in the old store was taken out, some OF
tho fun in an undertaker's wagon. "A
lot Of boxes containing furs were taken
to the home Of Samuel Medlin. The de-
tectives employed by the Fur Merchants
Credit Association afterward traced these
to a warehouse. where they were sold
on December Is to Wholesale furriers.
Mrs. Minsky and Medlin testified that
the night OF the day the petition was
fled they took the firms books to the
house Of Radin. The books have never
been found and Radin has denied that
he ever saw them.
Radin was produced yesterday by
Meyer 4 Goldsmith, his counsel, and
gave $500 bail. Feinberg and Medlin
rave q, 600 bail each. Mrs. Minsky was
paroled in tho custody Of her counsel.
It Is understood that 4she has furnished
valuable testimony to the Government.
Her husband In q Son OF Louis Minsky.
the East Side politician. The Minskys
have separated. go