Weekly journal-miner., 1919-03-12
HOMER KING IS ARRESTED FOR
 EMBEZZLING
P. ]. KEOHANE CLAIMS BROKER FAILED TO PAY HIM FOR 1000 SHARES GREEN MONSTER MIN ING STOCK.
CFrom Sundays Daily.)


 ton of many thousands of dollars hanging over him, Homer B. King formerly of Phoenix, and until re gently operating the Coleman Broker age Co.,, of this city, was arrested yesterday charged with embezzle- ment. County Treasurer P. J. Keo- hane, one of the numerous alleged victims of Kings is the complainant
 The arrest followed a meeting of creditors, held yesterday in hopc that Kings promise to compromise would bring forth some of the coin he had been supposed to have garner ed. Claims totaling $2l,0O0 were rep resented at the meeting, and 1t is said that there are SlO,O00 more likewise involved. The announcement was made in his behalf that he would pro duce S5,000 in cash and that he and his father would sign notes covering small percentage of the balance, the total to be divided among the creditors. The arrangement was not satisfactory. The creditors, many of whom are women, concluded to take nothing if they could not get all they had lost, and within few minutes MT. Keohane had sworn to com plaint in the office of County AttQr ney Neil Clark.
 King was taken into custody and carried before Justice of the Peace Charles H. McLane, at the latter's home last evening. Bail was fixed at S5,OO0 which was supplied by E. w. Wells, and M. B. Hazeltine.
 Two Suits Filed.
 The arrest of King followed the fil- ing in January of suit brought by Captain J. B. Van Horn, medical officer stationed at Fort Whipple In this action, it was alleged that King had been entrusted with stock to sell and had never produced any com pensation therefor. It was stipulated and ordered by the superior court that all other suits in this instance should be barred, and other creditors compelled to intervene.
 A second suit was filed in Febru ary by J. w. Mines, manager of the Journal-Miner, alleging t9at he had been led recently into a brief co-part- nership with King by misrepresenta- ton and fraud, and the use of doc tored books. This suit asks for dis solution of partnership, recovery ot. stock entrusted to King for sale and certain funds advanced to acquire d bill of sale for half interest in the Coleman Brokerage Co.,
 Keohane's Complaint
 Complaint is made by Keohane that King approached him with request that he sell 1000 shares of Green Monster, claiming that he had buy CT for it.. Keohane produced the stock. This transaction took place December ?. For several weeks, King put him off about payment and finally issued a check that proved to be worthless. Even during the period that payment for the stock was re. ferred, King approached Keohan: again and urged him to sell all addi- tional 1000 shares. declaring that a director had told him confidentially that the Green Monster would soon be shut down.
 In issuing the complaint the coun- ty attorneys office had the choice of a dozen cases. He based his charges on the Keohane case because that one is said to present the most clean cut issue. There arc said. to be a number of instances in which King borrowed stock to make good deals and left the owners without receipt, or other means of checking Up theil property. One case is that of a nurse whose savings of $3000 of a lifetime were lost.
 King came to Prescott from Phoe- nix several years ago. At the capital he had been involved in a number of deals, none of them resulting in court action, but one ill particular. the Riverside Park promotion, ending in failure of the enterprise. He had been ranch owner in Salt River valley, and was variously interested in mining ventures ill that and the Bouse country Also he operated at Kingman where he left, it is said. under a cloud.