New-York tribune., 1912-01-05
Million and a Quarter Owing In
stitutionS, He Says, $271,851
to Central Trust Company.
WONT GET CASH AT ONCE
Banker Involved in Much Lltlga
tion Is in Europe-Wife's In
come Not Affected by Gar
nishees Filed Here.

many financial vicissltudes in the last
ave or six years I'm which time he was
involved in numerous transactions With
charles w. Morse and +. Augustus
Heinze. confessed Judgment yesterday
+or s1.234,469 on thirty actions brought
against him in the Supreme Court, Tor
totaI Of Sl,13O.S49.
The amount Of these judgments IN
cluded interest on the claims. but saved
Thomas many thousand dollars 1t would
haze cost TO defend the thirty actions
these claims represented
v. r. Chapman. W. O. Allison, J.
Horace Harding and others. consutut'
ing the Thomas Liquidating Trustees,
arranged the settlement Thomas be-
came financially involved in 1907, and
the. trustees were appointed in 1909 in
a., effort 10 straighten out his affairs.
Mos, Of the debts confessed by Thomas
..,re to financial institutions The
largest was 10 the Central Trust Com
rany. and amounted to S271 ,S51. Under
An agreement between Thomas and his
partner Orlando +. Thomas. the Cen
trai Trust Company made a loan Of
100000, of which the claim of the COM
pany was an unpaid remainder. other
claims were the Hudson Trust Company.
SCI, ,9S1: Van SChaick & Co, Sj2.S3T.
The Empire Trust Company, Mercantile
National Bank. Union Bank Of Brooklyn
and many others had sued for various
sums debts amounting originally 70
moro than S2.O0OO0O Some have been
liquidatcd The claims were for loans.
some made 70 Thomas and others guar
antfed 10y him.
Thomas Is in Egypt.
However. the action Of Thomas in CON
Tossing judgment does not mean that
the creditors will get their money at
once Deputy Sherin Burns went to
Thomas's Office, at No. 81 Nassau street,
TO serve the execution, but was Informed
that Thomas was in Egypt. He has
been abroad for long time and is in i'll
health.
The Bowling Green Trust Company
took another and perhaps more direct
means yesterday 10 collect debt due to .
The institution. Mr. Thomas owed the .
hank S59. 100 in 1908, which was reduced .
20 $50,7S2 The Bowling Green Trust A..
Company obtained from Justice Gieger-
tch an order to garnishee the income .
Thomas receives from the estate Of his
father. General Samuel Thomas. This
estate amounted to S3.5OOOOO, and the
kon's share was 100000 a year. Under
the garnishee order 10 per cent a year
win be deducted from this income, MAX
ing $4,000 a year. BY this arrangement
ic will take three and half years TO pay
the claim Of the Bowling Green Trust
: Company.
Thomas has had many troubles other
than those growing out Of his financial
transactions. Last June it was an
nounced from Paris that his wife. MRS |
Linda Lee Thomas, was preparing TO |
sue for a divorce. Thomas has been a |
cripple since his les WAS broken in IN |
automobile accident at Long Branch in |
August, 1905. His physician advised |
him TO go abroad, and he left New York |
snrore than two years ago with his wife
and took a trip up the Nile in house |
boat
' Evelyn Thaw. Rur1or Said.
- On returning to Paris he was often |
seen in the company of a pretty young |
woman, said TO be Mrs. Evelyn Thaw, |
wfeiot Harry *. Thaw, although there !
was some doubt about the Identity
Howfyer Mrs. Thaw was in Europe at
the time. Besides it was remembered .
hy tp- friends Of Thomas that in April, |
1905. he and Mrs. Thaw were ordered to