New-York tribune., 1922-07-15
Fuller, Indicted,
Eludes Arrest
With Partner
Head of Brokerage Firm and
W. F. McCee Disappear
When Sought i'm Bucket
shop SIS, 900, 900 Failure
Both i'm Trouble Before
Operated Largest Concern
ON Consolidated Stock Ex-
change; 10000 Patrons

Edward M. Fuller and William Frank
MCGEE, indicted yesterday on charges
Of running bucketshop, became the
most prominent among those wanted by
the District Attorney by failing to sur
render yesterday. When the courts
closed, just before evening, the part
ners Of the defunct stock brokerage
firm Of E. M. Fuller & Co., which went
into bankruptcy on June 27, leaving es-
timated liabilities Of sb,Oo0,0o0, had
become fugitives from justice.
1t is understood that the attorney
representing both men. Thomas sheri-
dan, had been notified Of the finding
Of the indictment and that their ap-
pearance early in the afternoon had
been looked for. Bench warrants were
issued, however, and it was not long
before detectives were searching the
places usually frequently by Fuller and
MCGEE. Neither man appeared at Mr..
Sheridan's office as expected, and they
were not to be found anywhere about
town.
The indictments, nur6be ring thirteen.
charged both men with bucketing or
ders from customers, these orders
ranging from $3.50 to $4,100. The in
dictments followed two weeks Of in
vestigation of complaints by former
customers and the appearance yester~
l6ay' before the grand jury, Of half a
dozen brokers with whom the Fullers
did business.
Had 10000 Customers
E. M. Fuller g. Co. were for EIGHT
hor af hA I,
Stock Exchange, and were the largest
house there. They had suite Of twelve
rooms at 30 Broad Street, where thew
employed $50 people. They had about
10000 customers, and their mailing
list contained $4,000 names. They had
branch office in the Hotel Theresa,
Seventh Avenue and 125th Strect, and
out-of-town branches in Chicago, Bos-
ton. Cleveland. Pittsburgh and Union
| town, Pa.
On the afternoon Of Monday, June
! 20. there was a conference in E. M.
| Fuller & Co.'s Offices, it was reported,
attended by legal advisers. Long after
the close Of business a procession Of
clerks marched from the brokerage Of
fees on the twelfth floor of 30 Broad
Street to the law Offices of Hays, St.
John Moore carrying the ponderous
volumes in which e. NJ. Fuller e. Co.
kePt Cnelr accounts. The next morn
ing. June 27, the announcement was
made by the Consolidated that the Arm
| had been suspended. Injudicious
| speculation in Mexican Petroleum was
| said by officials Of the Consolidated to
have brought on the failure.
Both Indicted Before
A receiver, Judge Samuel Strasbour-
ger, had just been appointed, but he
was Informed that the bankrupts' at
torneys held the books and would per
NIT their examination only upon a
guaranty that would keep the District
Attorney from delving into them. This
procedure, it is declared, is permissi-
ble under q. decision Of the United
States Supreme Court. District Attor-
ney Banton, in view Of the last six
months development in Wall Street, IS
| now engaged in an attempt to have
this decision reversed.
Both Fuller and McGee have been
under indictment before, but neither
has been convicted Of crime. Fuller
was connected with eve Boys'' prop
osition that was collecting money for
an alleged home for aged journslists.
Fand later with a publication called
Satire" that died under the auspices
OF the District Attorneys Office. Nc
Gee was wanted for an oil promotion
scheme in 1912.
A listing Of the securities found in
the Fuller strong boxes shows that the
total will be less than S5O,0oo. No
Mexican Petroleum stock was fornd