New-York tribune., 1912-07-14

srnor. The warrant was issued on the
complaint Of Miss Mary Grifflth' Oh
Akron, Ohio On Monday Charles Z.
Mott ir.. an Assistant District Attorney,
will present Miss Grifith's case to the
brand jury.
II Is said that the charges made by W.
Scott Libby, of Lewiston, Me- nave oeen
completed and that the matter is now lh
tbe hands Of Joseph Du Vivier' the AS
Instant District Attorney in charge OF
<be indictment bureau. 1t is SAID that
Mr. Libby lost at least $1loOoo In his
transactions with Jackson Brothers and
Aooording to E. B. Denison, one OF the
witnesses before the grand jury-and
svho, by the way, has an axe to grind In
Sbe matter Of the Jackson Brothers-Mr.
{ Idbby's aggregate loss was In the vicin-
nv of S1.OOO,OO0. and the total amount
Of profit reaped by the Jackson Brothers
k2,500,000.
Ohio Girl Lost $1,000.
Miss Griffith is represented by White
Ade G. Stryker, Of No. q William street.
tAoyd P. Stryker, who has been handling
me case for her, said yesterday that the
] Mutation was such that he could not dis
buss It. 1t was learned, however, that
! Miss Griffith lost $4,000.
She is a resident of Akron. In 1910
she came to New York and met E. r.
raclsson. He told her, she asserts, that
he had syndicated S4OOO00O0 or $50,
OOO 900 worth Of real estate and had
never lost a penny for an investor. He
also told her, according to Miss Grif-
tths story, that he had recently bought
xorty-three acres near Garden City Of
Nrllie Hanna, of No. 275 Clinton ave-
nuV. Brooklyn, for the consideration Of
$4,000 an acre, or about S172. 900 in ALL
and that he had paid 100000 in cash
fur the property. He took Miss Griffith
out on Long Island and showed her some
property.
Later Miss Griffith heard from z. r.
jackson, she says, that he had resold
the property through DR.. Eastman, Of
No. 1S6 Summers street st. Paul, for
&, 900 an acre, netting the company
5000 after a 5000 commission had been
bald. E. r. jackson added, she says
that S125,000 had been raised on the
eyndicate in ST. Paul to buy at the fig
ures he quoted. He asked her to join
him in the syndicate. she says, and she
agreed.
She went back to Akron to get the
money. and while there conferred with
her attorney Frank f. Whittemore, who
wrote TO Mr.. Jackson about the deal.
On March 2, 1910 Miss Griffith sent
jackson two drafts, one for $1,000 and
fhe other for $2,7O0. Later, she said,
she learned that the property cost Jack
con only S2,4O0 an acre, and that he
bought his equity for about $4,000. in
stead of at the figures she alleges he
aan1ed to her.
II was said in some quarters yesterday
that the present investigation Of the
jackson Brothers Realty Company was
IN fact, brought about by clever work on
the part Of e. B. Denison, former en-
ploye Of the company. The Jacksons, It
Was said, had brought charges Of GRIM
fnsl libel against Denison, and he had re-
tAliated by looking UP persons who had
enEaged in transactions with them and
h1k ing them to make complaints.
4 Charge Dropped in 1911.
= Al any rate, shortly after the libel
eharge was lodged against Denison, Ed
mar R. Jackson and his brother, o. M.
Mckson, were arrested on the complaint
.n& John Coles. of Brockton, Mass. That
has in August, 1911. The charge was
Nm liar to those now being investigated
by the grand jury II was alleged that
10 persuade Coles to go into a syndicate
jackson Brothers told him that they had
laid $4,000 an acre for land when they
had really paid, II is asserted, only So, 400
hn acre for IL. The men were never
hxtradited and the charge was dropped.
Mr.. Denison may or may not have been
Instrumental In finding the complainants
.vno are now appearing before the grand
bury.
Mr.. Denison says that Jackson Broth
mrs made demonstration profits" to
1roye their sagacity to their clients.
n r. Hunnewell. of Auburn, Me-, is said
10 have been one who invested on the
strength Of demonstration profits" 1t
4 said that in the deal in which Hume
we'll was interested he was shown
profit of SO 1-3 per cent on S65.OOO in
Sested, but II is alleged that In reality
me sale represented never took place. the
t,roperty, which was near Mineola, Long
4sland, having been in the possession Of
Mary Brush and others all the time.
Judge Robert seabury Is attorney for the
estate Of Mary Brush.
It is said that investments In jackson
real estate became so popular in Auburn,
Ne, town Of 10000 inhabitants, that
Ave successive syndicates were put
khrough there, aggregating 239 acres, for
i consideration Of $s93.51O. on which
&347. .b1O was received by Jackson Broth
Ars In cash, subject to $4S1, 10 mort
cages. 1t is said that the success Jack
BON Brothers had had in Auburn was
nsed by them TO gain other clients at a
distance from the State Of Maine.
S3,f26,592 Net Assets Alleged.
On November %. 1909. the realty COM