Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1914-03-23
LAWYER HE|SER
TELLS HIS SIDE
Standard Piano Co. Lawyer Ex-
plains Firms Side in
Bankruptcy Case.

Henry A. Heiser, of New 7 ork at
torney for the Standard Uiano Com
pany. takes issue with the Evening
Star on several stories printed In the
Standard piano contempt matte
which was heard before Referee Ed
win G. Adams in Bankruptcy Court
last week Mr.. Heiser has sent a
lengthy statement to The Star. He
has claimed that the complete side
of his case has not been told in The
stars report of the case.
The statement is contradictory and
Inconsistent Mr.. Heiser denies he
was struck by Leon ID. Adler. On
Friday of last week MIR. HeiSer adj
mitted in coukt and in The Star Of
fee that Mr.. Adler did strike him.
In another paragraph of his state
ment Mr.. Heiser admits that the
"slapping" did occur in the court
room, but the referee did not witness
a..
Mr.. Heiser tells his side of the
story in the following signed state
ment, which was sent to the Eve
ming Star
not your article in your issue of
the 10Th inst, headed Standard Plan
Company faces contempt charges,
and both in justice to myself and to
my client, the Standard Piano Com
BAIA utShtGS W utlts 1tA heihiA aAoNS
6nents therein contained
4 Your article states that due to
words between myself and Mr.. Adler
that Adler waited for no more, but
iumpeI his feet and punched Hell
ser. This statement is absolutely I'M
true, and what really ccurred was
that MIR. Adler was temporarily ex-
cluded firm the curt-rm beause CT my
charge Judge Adams that Adler
was making emments u witness.
Whever represented yu at the hear
ing knew full we'll that this is all
that occurred and your published
story is unfair and untrue.
Your article also contains reference
TO certain statements of Judge
dams relative to an ad inserted by
my client relating to collections on
the Edisonia accounts, and further
refers to utterances of Mr.. Heisley,
attorney, for the Gotham Clearing
House, and Mr.. McCarter, attorney
for Mr.. Austin, and these statements
standing alone, without any part of
the Standard Piano Company story,
places the Standard Piano Company
In a false light.
True Conditions"
There have been so many stories
told of the affairs of the Edisonia
Company that a statement of the true
conditions surrounding these collec-
tons will better serve to illustrate
what your article fails to set forth.
The H. +. Nelson Company, of
Chicago is the holder of about 125, 200
of leases on property sold by the Edi
sonia Company, which leases were as
signed by the Edisonia Company to
the Nelson company. The large part
of these leases are on pianos and the
balance of the leases are on phono-
craps. The Nelson company have for
some time past been collecting on the
leases assigned to Nelson company by
the Idisonia Company under permits
sion granted by the court
The Gotham Clearing House loaned
monies to the Edisona Company and
received assignments of approximate
iy $4,000 worth of piano leases and
Monograph leases from the Edisonia
Company, as security for the loans.
The piano leases were impounded by
the court because of objections made
by the trustee, Frank w. Long, Esq,
TO the claim of the Gotham Clearing
House and on these leases the trustee
was directed to make collections.
Mr.. Austin is making collections
under the order of the court on APP
proxlmately 100000 worth OF leases
assigned to concerns he represents,
amongst others being the Union Ma
tional Bank, Nassau National Bank,
of New York etc
In addition to these various assign
rients of leases, the Edisonia Com
pany also assigned leases to the Mer-
camille Security Company, Of Balti-
more, Md, and others.
Due TO the methods of finance
adopted by the IIdisonia Company,
duplicates, duplicates and even quad
duplicates of each lease. were in many
cases assigned to various concerns,
with the result that when bankruptcy
occurred, customers of the EdiSona
Company were annoyed by two, three
and even four four collectors from the
various companies who held the leases
aud Implications thereof,
At the request of Judge Adams the
attorneys for the various companies
held a meeting at the bankruptcy
court some weeks ago and. after a
lengthy discussion, ii was decided to
place the collection of all leases held
by the trustee, viz: the unassigned
leases and the Gotham leases, in the
hands of the Nelson Company for col
lection, they agreeing to make the
collections for the least charge. An
order was drawn and signed by Judge
Adams to this effect, the Nelson Com
pany agreeing to make the collections
for 10 per cent. of the amount col
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