New-York tribune., 1922-02-18
Dier x Co. Balk
Effort TO Open
Fraud Charges
District Attorney Mus, Fight
for Books to Find Basis
for Complaints Made by
Stock Concern Customers
Sees Clash of Authority
Herbert +. Andrews, Bro.
ker With Two Wives in
One Flat. l. Convicted

District Attorney Banton was blocked d
by lega, obstacle Yesterday in his
efforts to obtain the books Of tho
bankrupt brokerage house OF L. u
Dier & Co. for the purpose Of invcsti-
eating fraud complaints, which, nc
said, had been filed with his Office
against the company.
Federal Judge Learned Hand issued
~ order directing SIR Banton and
Manfred ". Enrich. receiver Of bier
& Co, TO show cause why the receiver
should not be restrained from turning
tie defunct company and its head. bi-
more y. Dier.
The order. returnable Monday. fur
.her directed the receiver to retain
possession Of the data until determine.
,,on Of the motion. 1t WAS requested
by counsel for DER & Go. on the
Ground that the delivery OF the records
would violate the constitutional pro
lection accorded bankrupts.
Mr.. Bantou said he would contest
the motion. which raises an unusual
nolnt. He referred the order to the
arpeal bureau o. his office for AN opln-
iudgc Of the United States Court had
authority TO restrain sction of the Dis
trict Attorney OF county o. this state
IN the prosecution Of comp ANTS
ayainst bankrupt
pier & Co. Accused
Dier & Co failed last month with
liabilities of more TRAN S3.0o0.0O0 and
small assets. A hearing IS row in
progress before United states Corlmis-
sioner Alexander Gjlchrist il for the
purpose Of tracing tho disposition OF
The compauys assets.
II was net definitely made known un-
Ill yesterday that the District Attor-
rey was interested IN the case from
more serious standpoint. Mi. Banton
said number of the complaints IN his
Office, alleging irregular stock trans
actions. named DER e. Co.
One convictions tho indictment OF
three alleged stock manipulators. who
we're held in $4,000 bail each, and the
Sling OF supersodiug indictment
against Samuel T. Greenfield, one of
the group of alleged confidence men
charged with bilkIng David Gardner,
elderly millionaire. we're other dcvcl-
opments yesterday in the bucket shop
probe.
nc supreme ON1t dfD 0cUcldi
Sessions grand jurles heard evidence
IN several ncw cases and The Distrc.
Attorney announced he was preparing
to go to trial next week on indictments
already returned
Herbert r. Andrews Convicted
Herbert Thornton Andrews, broker
who came into prominence last year
when 1t was disclosed he had main.
Gained two wives in the same apart
rent in Jersey City. was the man CON
victcd. He was found guilty by
jury before Judge Crane on a charge
of grand larceny and was rcmandcd to
tho Tombs to await sentence.
Andrews was accused by Horace Van
Week, of Montclair, =. J.. of selling
1or his own account one hundred
shares Of stock, valued at $4,000,
which Van Week had left With him as
collateral in a proposed transaction
The conversion took place last July, it
uas charged.
The man Of two wives has had
variety Of troubles slncc his dual
domestic life Was revealed. lie vas or
Gered to show cause several days ago
why he should not be punished for con
tempt in failing TO pay alimony TO his
first wife, Mrs Maud Augusta Andrews
mother Of his two children, who rc-
gently obtained divorce n addition