Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1921-01-20
Forfeit Money o. K.
and Dempsey and
/ CARPENTER to Meet

New FORK, Jan. 1s.--The forfeit
moneys OF both principals and promot-
ers sinvoived In the Dempsey Carpen-
tier heavyweight championship bout
set. for July 2were directly or indi-
rectly accounted Tor here today. As
. result 1t appears that none Of the
terms. Of the contract signed on No
sesnber s. 1899, has been violated and.
SO far as can be foreseen at this time.
there is no ground for the report that
the march will not be held.
J.. q. Ward. a surety broker. who
handled the bonds for those involved
in the contract, stated that the Amer
lean Surety Co. OF this city had issued
a bond for Promoter Tex Richards
share Of the 100000 forfeit fund.
amounting to $sa.ss3.ss. The United
States Fidelity & Guaranty Co. of
Baltimore issued a similar bond for
william A. Brady, while Charles b.
Cochran. the English promoter. gave
check for his one-third responsibility
as he was leaving Immediately after
the signing Of the contract for Eng
land and did not have time to arrange
for the issuance of a surety bond.
Each Of the principals through his
manager was Obliged by the terms of
the contract to place forfeit fund OF
$4,000 in the hands of the holding
vember co. In the case Of Dempsey
his manager. Jack Kearns, arranged
| with the Fidelity & Deposit Co. of
Baltimore for such a bond. Carpen-
tier. the French boxer, placed a sum
equivalent to $4,000 with the Paris
firm Of Morgan Harjes with instruc-
! lions to forward it to New York. Ac-
cording to a cable despatch from
Paris this amount was deposited No
vember 22 and in a statement from
Cochran in London it was explained
| that the money had never been trans
ferred to this country owing to the
refusal of the French government to
permit it to leave France.
All. those involved IN the match
however. consider the posting of the
forfeit of Carpenter in France as be-
| ing within the terms of the contract
and there Is no desire to take technical
advantage Of the Iatter's inability to
transfer the money to the United
States at this time. Officers of the
SShtkdA CAIOll TuSt W. mere. IdI1cu
as holder Of the forfeit. declined to-
day to affirm or deny that the bonds
were in their possession, but it was ex-
planned that a similar course would
be taken in any matter in which they
were acting for clients.
Richard stated that the report of
the cancellation of the bout had re-
suited In visit from Colonel Mallet
personal friend of Carpenter. who
was confidential adviser and interpre-
ter during the French boxers visit to
this country. Col. Mallet stated that
he had arrived from Europe last Satur-
day and had seen Carpenter within
the last two weeks. At that time
Carpenter had in no way intimated
that be intended to withdraw from the
match. Col. Mallet also said that aft
er the reports of Dempsey's bout with
Brennan reached London number of
English sportsmen who had seen Car
pentinr box Bombardier Wells and
Beckett offered to wager oven money
on Carpenter to defeat Dempsey when
they meet in the ring.
Toronto. Ont. Jan. 19.-''There is
not a chance on EARTH" of a permit
being granted for the Dempsey-Car-
penticr bout in Ontario" J. p. Fitz-
gerald, secretary of the Ontario Ath-
letic Commission. declared here to-
day. 1--WE are not running champion
ship bouts around here" he said. 1--WE
are doing little to help our own boys
and for our own amusement"
Even If the fight were limited to 10
rounds. Fitzgerald said, my belief is
that a permit would not be granted
by the commission"