New-York tribune., 1910-07-30
Could Have Found Out That
Foreclosure Action Against
Newark Plant Was Pending.
PLACE TO BE SOLD MONDAY
Corbett, Also Under Arrest, Is
Architect in Good Standing,
and Friends Can't Account for
His Connection with Case.

city who tumbIed over themselves to in
vest their money in the MagnesiaAs
bestos Company investigated the propo-
sition carefully enough to find out that
| foreclosure proceedings against the New
ark plant Of the company had been be-
gun year ago and that the property
| was to be put UP at auction in a sheriff 9
sale on August .. that is, on Monday.
And yet this sale has been advertised
| from time to time in the Newark papers,
and on Thursday, the day Qualey and
| Corbett were arrested, It was featured in
display advertisement in a New York
morning paper.
An interesting side light is thus let in
! upon the power of Qualey's persuasive
| tongue to make the dollars follow him as
the rats and mice did the Pied Piper Of
| Hamlin. Backed by the eulogistic in
Productions of Mrs. Ellen Dunlap Hop
kins. head Of the School of Applied De-
sign for Women, he obtained 5000 from
| DR. Preston Satterwhite, of Great Neck.
Long Island. brotheT-in-laW Of W. Gould
! Brokaw; $1,000 from Clarence G. Foll1s,
| a large investment from ". E. D.
| Stokes, 5000 from A. S. Anable, brother
OF Courtland V. Anable; $4,000 from
Mrs. George H Holt, of Paris. widow Of
| the publisher, and $4,000 from Mrs.
Bull
At least. those were the names of in
| vestors given in the Jefferson Market
| court Yesterday morning, when Qualey
| and Corbett were arTaigned there and
held in $4,000 ball each: and Charles
L. Craig. Mrs. Bulls counsel, said that
| all day telephone calls had been coming
| into his office from other investors in the
Magnesia-Asbestos Company, whose
name was legion.
Associate Deeply Impressed.
R,1t the man who was most deeply
| IMPRESSED by Qualeys eloquence, ana
most substantially involved as a result
il is now considered, is Harvey whey
| Corbett. the codefendant. an architect
in good standing, an officer IN the
Architectural League of America. as
sistant director of an ateiler IN Inc
Architectural Department or Columpla
University and a partner Of Livingston
PeI in the firm of Pen & Corbett. at
M 122 East 25th street. He IS archl-
tect for a group of public buildings for
Springfield. Mass, which is to cost
s.. 100000
He drew the plans for the Maryland
Institute in Baltimore, q building which
cost S1.0O0,O00. With a. Brooklyn firm
he designed the new Masonic temple in
BROOKLYN Why he should ally hlnlseH
with QuaIey as secretary and treasurer
OF the Magnesia- Asbestos Company
could not be understood by his COL
leagues in tle profession. Corbett's ar
rest and irnprisonnent was a great
shock to them
Thursday night was spent by Qualey
and Corbett at Police Headquarters
under $4,000 bail each, and last night
they lang1lished in the Jefferson Market
court prison under $4,000 bail apiece
Gilbert Colgate. of the soap rnanutactur-
ing company, presented himself as
hondsn7an for Corbett, offering his house
ar No. SOC West 72d street as security
But the District Attorneys office exer-
cised it's right TO delay the granting OF
hail for twentv-four hours to look into
the equity of the bondsman in the prop
is 70 prove his equity at the Criminal
Courts Building this morning.
Seeks Writs of Habeas Corpus.
sorn T Mcintyre. counsel for both
r,-isoners. svore out yesterday before
Justice Bischoff. in the Supreme Court
writs of habeas corpus for their release.
ret1Irnable on Monday. The lawyer
crara cterized their detention an at
tempt 10 invoke criminal law in q civil
proceeding He denied that any crime had
hAen committed. but said if there had
been it was committed in New York and
not in Rhode Island, that the checks
handed by Mrs. Bull to Qualey were
drawn on a New York bank, that Cor
hett had never met Mrs. Bull in New
mort or had any dealings with her there.
and that the attempt to hold the pris-
oners for extradition was absurd and
outrageous
The whole thing has been cleverIy
conceived to force a settlement out OF
court" said he, after Magistrate Krotel
had temporarily disposed of the case by
granting an adjournment until August
: THE plaintiff and her lawyer want
this proceeding 10 hang over the pris-
oners' heads like the sword OF Damocles. |
There will be no grand jury in Rhode !
Island for four months to come, and they
know 1t.
What investigation of the company
has Mrs Bull made on her own account?
Che has simply taken the word of Allan |
A RYAN that the stock was worthless.
WHY. the plant at Neponset is fully
eouipped with new machinery, paid for
bv Mrs Bulls money in part. So is the
nlant in Newark. Her checks were de- |
Dosjted in the Magnesia Asbestos Com |
panv's bank to its account by Mr.. Cor
bett and the money was checked out in |
navuent for new machinery It was all
exnended in this way. These men have
got A paying proposition. All they want
10 to he left alone to get the plants in |
,running order and turn out their prod |
uct."
Property at Newark Valuable.
G. p. Browning, of the Galvanotype |
Engineering Company, No 216 William
street who holds the mortgage of $41,-
600 To settle which the Newark prop
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