New-York tribune., 1909-04-22
ENN[S TOSEE RECEIVER
Bankrupt Partners WiUes VII ALso
Confer 7cith Mr. Russell.

Thomas A Ennis of the bankrupt firm of Ennis
& Stoppan. stock brokers. has agreed to meet
Lindsay Russell, receiver. to-day. Mr.. Ennis and
Mr.. Stoppani have been absent since their falure'
on April 13 Charles F. StOppan has also agreed.
through his counsel, Treadweil Cleveland, to return
to town tomorrow. but Mr.. Russell said that it
would be necessary for him to appear peIore
the receiver until later.
Mr. Russell will confer next Monday with Mrs
Thomas A Ennis Mrs Charles 3. Stoppan and
Mrs Thomas a. Riley, mother-in-law of MI En-
mis-. He will ask them for information concerning
the firms affairs He has desire to have them
appear in court, he says but simply wants frank
statement of what they know about the assets and
the operations of the firm Mr.. Ennis's sster-ln-
law, Miss Riley, is sick and will not be asked 10
appear before Mr.. Russell Subpoena servers have
been seeking all these women, but have been un-
able to find them. 1t is understood that they have
been of the city.
4 meeting of creditors will be held at 3 p m to-
day, at the office of Suffern & Son. accountants
No. 165 Broadway. a large number of the credit
ors. It is said, small investors from the East
Side, many of whom very impatient and angry
It is expected that they will make themselves
heard the meeting.
Senator McCarren informed Receiver Russell by
telephone yesterday that he would appear prompt
ly at 1890 2. m Saturday to close his account He
will receive the stocks, many of which have been
bought in open market and will stand a loss Of
$2400l 1t IS expected that he will have the ac-
count transferred TO other broker.
could afford to carry the Senator's account for so
long without asking for a settlement, a man prom
inentIy identified with the baakrupts said the Sena
tor had been asked TO settle He thought that the
firm liberal in its attitude toward Mr. McCar-
ren because he able to turn large amount of
business its way.
With reference to the availability of all of
the firm, it said yesterday in the Office of the
receiver that neither Mr. Ennis Mr.. Stoppani
had a dollar of his own left. and that both did
! tI,;.,
TO the failure to save the firm They turned every
thing in they could it said, avoid bank
ruptcy.
Many creditors have asked the receiver why they.
in the case Of Senator McCarren. couldn't
ceve their securities bought in the open market.
They told by Receiver Russell that they
could. provided the transaction would result in
profit to the receiver: otherwise they could not.
George ". Ely, secretary OF the New York Stock
Exchange, conferred yesterday with Receiver
Russell in reference to the relationship which
existed for some time between Ennis & Stoppani
and certain firms which members of the New
York Stock Exchange The exchange authori-
ties are conducting az investigation. in which the
Information which MI Ely got from the receiver
will used.
At the creditors meeting to-day a creditors
committee viii be formed Receiver Russell
poets some difficulty in getting creditors to serve
the committee. Most OF the creditors want
their money. but many Of them do wish to
have their names mentioned. Some OF them
willing to stand their loss rather than be drawn
into publicity. Several of the debtors have prom
sed to settle provided their
toned.
Rolne Wolff. counsel for Receiver Russell de-
MED the receipt Of letter threatening the life OF
Senator McCarren. With reference to report
that Peter DoeIger jr had stood loss of $4,000
by reason Of the firms failure Mr.. Russell said:
1T IS not true. Mr. Doelger IS in way in
volved in the failure. About years ago he
paid about 10000 40 the firm in connection with
stock transactions. but he is not in any way con-
nected with the firm present
With regard TO the blind accounts Nos 90 and
col. Mr. Russell said that they We're the private
accounts of the partners. The liabilities he
said were $4,000 outside Of the $4,000 owed
Mrs Stoppani He did not know whether Mrs.
Stoppani would press her claim Tho known 'as-
sets. said. about S1500Do. Of which $4,000
in stock securities and cash Unui the
identity Of six blind accounts not vet
discovered is revealed lie said the real assets
would be known.
Receiver Russell thought that the affairs Of the
company clearing up 10 some extent, and
that the outlook for creditors more promising,