The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-04-06
EXPECT INCREASE IN
SIEGEL BAIL TO-DAY
Whitman Looks For Eleven
More Indictments to Be
Returned.
IN SECRET CONFERENCE
Whereabouts of Accused Mer.
chants and Their Law
yer Unknown.

Henry Slegel and Frank Z. vogel. the
two merchants now under three indict-
ments growing out of the Siegel failures,
were said TO be In q long conference
yesterday afternoon with their counsel.
Louis 8. Levy. regarding the add.tiona,
indictments expected to-day. the furnish
of plea when they appear before Judge
Rosalsky on Wednesday. The where
sbouts OF all three was a secret.
Efforts to locate Siegel and vogel at tho
Majestic and Great Northern hotels were
Ruthless They we're not In their apart
ments and nobody at the hotels knew
where they have gone. Al Mr.. Levy's
home. the Gotham. his wife said she had
no Idea where he was. but believed he
would not be back until late. 1t was
then thought that he and his clients were
at Islip. l.. l., where John Is. Stancn-
field, Levy's law partner. has home.
but Mr.. rtanchfield declared he knew
nothing about the conference or the
whereabouts OF the three men. He would
not discuss the plans of the merchants.
II Indictments Expected.
Tho District Attorneys ONCE. II was
the Grand Jury 10 return at least eleven
of the twelve additional indictments
which will be asked for. Assistant Dis
trict Attorney Arthur Train and Charles
A. Perkins, head Of tho indictment bu-
reau. have been busy getting them ready
enormous and some Of the indictments
are expected to cover 100 typewriter
pages
Two OF them. It Is said. will charge
the merchants with receiving deposits In
the bank when they knew II was In
solvent. while the others will refer to the
statements made by Sicgel and Vogel
to banks in New York and elsewhere IN
order to get loans to carry on the busl-
ness Of the collapsing enterprises.
The presentment OF the indictments ex-
pected to-day will demand an Increase In
oail Of $25.O00 each, under which the men
arc now at liberty Yesterdays con-
ference was looked upon as having to do
with this extra bonding II the indict-
ments are found to-day the bail will have
to be raised at once and another plea
entered this afternoon.
Levy Mayer the Chicago lawyer who
came here early last week In the interest
Of the Nelson Morris family. Vogel's wife's
relatives. returned to Chicago on an after
noon train. He said a few days ago he
had come to look over the situation and
report to his clients. He let II be UNDER
stood that Interesting developments may
be looked for this week In regard to the
money Segel and Nogels relatives will
put up to pay off the bank depostors and
how 1t will be paid to them. 1t Is not
known whether he was ut the reported
conference yesterday.
Joseph NJ fairfield. counsel for the mer-
camille creditors committee which organ
1sed the company to continue the Simpson
Crawford store in business. said yester-
day that the belief in the potential value
OF the common stock held by Henry Mel
vile. the bank receiver. was well founded
because of the almost certain success OF
the new company.
He did not think il possible for Siegel
and Vogel to get any part In the control
OF the new store for at least five years
because of the provision that all stock
be In the hands OF a voting trus. the
personnel of which is hostile to the two
men for that period. BY that tine. IL is
thought, II will be too late for the m1n
10 cause any fear among the other stock
holders In the company by business
activity In case their friends make n
settlement with the bank d spositors by
buying in the big block OF stock in Mr.
Melville's hands,