The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-07
SIEGEL LAWYER Is
ARRESTED IN COURT
Accused Of Contempt for Refus-
ing to Present Papers to
Grand Jury.
Is NOT SENT TO JAIL
Judge ROsalsky Will Decide
Fate Of Mr.. Levy on
Monday.
Is NOT SENT TO JAIL

Louis 3. Levy. counsel for Henry G.
siesei and Frank E. vosei In the hank
ruptcy proceedings which followed the
failure Of the sieseI Arms. was ordered
under arrest for contempt by Judge Ro-
zalsky In General Sessions yesterday az
ternoon because lie persisted In his re-
fusal to produce papers wanted by the
Grand Jury.
Assistant District Attorney Arthur C.
Train asked to have Mr.. Levy committed
10 the Tombs for "contumacious conduct"
but the court psroled him In the CUSTODY
OF his counsel. Charles Collin. and post
poned decision, until Monday.
Mr. Levy conferred later with his law
partner. John Il. Stanchheld. and Mr..
Train. II was intimated that he would
not produce the papers on Monday. He
probably will demand ruling Of the
court as to whether or not the papers In
question are corporation or private papers.
The documents. II was said. are annual
reports containing statements Of the hnan-
cial condition Of the Simpson Crawford
Company and the Fourteenth Street Store.
DeiieNed TO have been prepared by Oscar
A. Trail. secretary OF the former and
treasurer OF the latter concern, who was
witness before the GRAND Jury on Mon
day. The Assistant District Attorney and
the Grand Jury In its presentment read
10 the court by Foreman Evert Jansen
wendell. said these papers were the prop
erty Of the corporation and not OF eiere,
and vogei
Mr.. Levy maintains that they are
private correspondence between client and
counsel and that he was not bound 10
turn them over under the duces tecum
subpoena.
1t was said that the Grand Jury wanted
TO see the papers so AS to determine
whether SIegel and vogei knew the IMAM
cial condition OF the Segel concerns and
made false representations OF prosperity.
The annual meeting OF the Siegei Stores
Corporation was held yesterday morning
at the Simpson-Crawford store to elect
new directors. one ~ the receivers.
Henry Melville. was elected "A member
with representative OF the receivers for
Henry Siegel and Frank r. Vogei, who
have been retired from the corporation
since the failure.
About two hundred Sicgel bank de-
positors decided last night at a meeting
In Public School -, Forty-second street
and Third avenue. not to accept the 80
per cent OFFER OF the Depositors Realiza-
ton Corporation until after the examina-
ton OF Henry Slegel In bankruptcy pro-
ceedings.
Resolutions We're adopted. petitioning
Judge Holt 10 postpone decision on Nom
day ON the proposed settlement until after
United States Commissioner Gilchrisr .
hearing OF Siegel on Wednesday afternoon
The resolutions stated that II the mer-
camille creditors had better proposition
to offer than the Retaliation Corporation
the bank depos!tors would settle with
them.
1t IL understood that Levy Mayer Of
Chicago. counsel OF Vogel. has $3.50. 900
in cash to put into the Realization Cor
poration's reorganization scheme and that
relatives and friends of Siegel are ready
to put up 100000 more. but that they will
withdraw II the bank depostors do not
soon come 10 an agreement.
Another meeting OF the depoeitors will
be held at 43 West Thirteenth street this
afternoon.