New Britain Herald Newspaper, October 24, 1929, Page 1

News of the World By Associated Press NEW BRITAIN HERALD Average Daily Circulation For Week hndmg 15 530 Oct. 19th ESTABLISHED 1870 NEW BRITAIN DAILY HERALD, THURSDAY, OCTOBER 24, 1929.—TWENTY-FOUR PAGER UCE THREE CENTS PATKER-SMITH CO. OFFICIALS GUILTY; APPEAL: PRI]PI]SEI] \Jury Finds Charges Correct : ] Aginst Three Men in New Haven Trial Today yMOT”\N T0 SET ASIDE " T BY ATTORNEYS {vidually Responsible in NATION'S WORST COLLAPSE IN STOCK MARKET HISTORY HALTED BY BANK LEADERS Bears Pound Buyers to L Point of Panic-Bottom Drops Out of Values, Sending Even Leaders IntoSpectacular Slump. & £ 31 Counts of Embezzle- S Jurors Decide—Judge Wolfe | Contentions »ports Many Financial Leaders Rise to Support of Shares and Stage Sharp Rally Early in Cha — Tomorrow Morning Set for Hearing. New Haven, Oct. 24 (P) three in A ju | 8 |' is noon found the Afternoon—Mor- the Tarker Smith company, mortg- note invastment corcern here, individually guilty on cach of counts in an indictment for embez- Into Fray. | Secret Service Men Hold err 18 Minutes to Pml)c of | = [rhe officers of | 31| Auto On Tracks Before Hoover’s Special Train Pushed Off Rails By Case—Men Admit They Hoped to Collect Dam- ages From Railroad for Car—Passershy Get Machine Off Tracks Safely. New Albany, Indiana, Oct. 24 () An alleged plot which would have involved President Hoover's special train in a wreck with a heavy sedan five miles north of here was thwarted last night by three wmen I [ who removed the obstruction from the Baltimore & Ohio tracks about an hour before the train arrived. The train was halted for 1S min- |c utes while secret men and | f | railroad detective started an in- estigation which resulted several Identified By | hours later in the arrest of two ne-| Through {1 groes wha confessed, according to tomaobils officers, that they placed the auto-' Bullock, 19, and mobile on the tracks in a plot to ne Off collect damages for its destruction ted that Bul sedan was placed on the on the trac tracks on a steep e, 1 was | bought it rec | discovered by Enoch him $25 for gro. who had gone to the n the hope of seeing the ‘\N his train j ed. Remoyed dust in raachine. 1 the trai wi had « irst reports had it that while the but later it than an hour | noval was done was approachi s stated nore cinecr stopped the train | N track, | men and r arked. They and lo Nc som and the road d led in gove ers from Louisville, d Jeff wille, distance doy cret servie tective dis rnment service Nu plate the o Char John . had pl 1 that Wr - Toes ers si crossing president Oct. 24 (A} Time zlement by truste fendants we president; Clarence V. Smil tary and Paul M. Smith, tre Counscl at once asked Judg Wolfe to ari execution of judg- ment in order that they might have time to prepare a motion to set aside the verdict and Judge Isiac Wolfe ¢ them until morning. Goes to Jury at 11 o'Clock case went to the jur. Wolfe had charged it before 11 o'clock. In the charge the jury Judge Wolfe quoted “u\ | statute 65 and 6517, on | which {1 lement counts were based, " and g R John Ii. Parker, e h asurer. New market been York b appe checked early ling bankers issued ances 1 of many after declining $10 a share rebounded shar United States Steel’ er dropping $9 more than at 1:30 p. m ville, which $140, jumped Ameri blin $2 Crown Prince today cscaped Oct. 24 (A rd Humbert ssin of Ttal bullet ith on the tomb oldier in Brussels, immediatel his be- to P'rin J of d peer Mobs 1 the police t at the | 1 kill prince | was unhurt, A to tternoon I leading to $40 stock 1 was placing a wre of the have th A st unknown Belgium, tioth Belgium 1 in after Maric asst prices stock announce The common, aft- to $194.50 loss, selhing Man- 50 a shar him. regained at § had dropped To, $175. Telephone, $251, The after | Judge its 11 sh Johns ASSASSIN SHOOTS snapped e s iy v Humbe1 Escay )¢5 Unhurt in b Bfllglum Gerem i onies A mecting of T‘ awling bank J. P. Mor & fump: ny _shortly after noon, includi es 1 Mitchell, chairman Vational City bank, and A. H. . chair- man of the Chase National bank. Many commission houses weve re- ported to have dumped weakened marginal accounts overboard right and left without waiting for re- sponses to calls for more TR Hundreds of leading stocks swept down to the lowe more than a year. Many from 5 to 50 per cent of t ed values in a few hours. The announgement of the ing of leading bankers in the afternoon for a moment app have checked the decline and issues rallied a little from their vious low levels, Thomas W. Lamont emer the bankers conference of J. . Morgan & Company early this afternoon and announcd that insofar as the bankers had been able to Ir 1o financial houses were in |y, difticulty. 1 No Dificulties Found “So far as we ca no houses in fi and reports from indicate that the margin satisfactory,” said Mr. He added that the the conference had been that many quotatons “did not set forth the sit- .\ emhassy uation fairly because of the numer- | vl ous air pockets found in many |arcen by the stocks where there were not many | ynpleasant in bid Rosa Asked whetl R federal reserve | firing any action, Mr. 15 yards did not know, Over As he prepared Ishot, his hand w |and he was overpowered. {succeeded in protecting |the infuriated crowd and [to headquarters for questioning. investigation was procceding afternoon. | e official | sels chief of irm the Crown the ran a few steps sections, 5 embe and said e law presumes a eriminal in- 1en one wilfully and knowing- appropriates money rightfully in \m nossession belonging to another 1o bis private use the | knowledge or consent per- son. To take from de- pnesit the money of : to | o 8. otal stock were on sal the New mv 4 0 excl up to 1 without, of such ~v~\;:«n4“<l noteholder the March 26, last. cord Bankers Meet hasty nediately entitled, and to place such KS VENGEANGE money in another bank in the 4 nd to the credit of a ccrpo u! ich moneys corporation n ion, e then used by without consent of the own deb lo f Halian Student Attempts lnowledzeson noteholder, to pay its and the general expenses conducting its business is a 1dulent conversion An ention t \!flr»' the mone shown to exist Lite of Royal Guest Immediately After Betrothal Notice 1Is Published— Assailant Caught. ; ch intention i not do away with the criminal nature of the transac tion. Tilegal intent is necessarily in- ferred from the voluntary conversion | of such an act, is to deprive true owner property and appropriate it defendant’s own use. No hope or ex- work of one of the Pectation or intention of subsequent v party, who knocked |1¥ replacing funds thus abstr arm, seized the |CAN SErve as an excuse before rpowered him, b et Ved the bemiie “If ¥gu should find, therefore, Fsiaies Toadine facts 6" be as claimed by the n, who only escaped |this would constitute a con the protection of |#Nd mi ropriation of such * told the authorities | DY the Parker nrieo Di [in the opinion to |would e that it defraud funds. Defense Claims Outlined “It is the claim of the accuse {bowever, that whatever may have {been done by way of the use and ap- propriation of the money * N ted, was done in the RIEIIIOLER R S e w""‘:"’ N5 hat it was the act Lo preven ¥ |Smith company alone; that all suct at the ¢ ”“’]? ums went into the pos n of such I akile Ol commmny ang was ised by tath cop “\""“\‘ :m”‘ pany for its general corporate pur- | pesc that no part of it went [to ti sonal uses or was appro- g priated to their individual account | £ s0cond foo ot thieratore they not knoc 'I\‘h“ ‘L,].‘.“\‘»u guilly of the offenses alleged in these ccunts. him from | “hoge accused comprise all of the 100k DM [\ ocutive officers and all of the di- AN | poctors of the Parker Smith com this | ,any and were in control of its. af fairs. T charge you gentlemen th Bruss um 24 (B Prince Humber Italy, af- band of Princess Maric owly escaped death today who Oct were o vels in issues lost reir quot- Crown fianced Jose, at t of an fired t the r the prince was placi s"tomb of t 1o Ttaliar down the gun and ove lieved to have s Narrowly assassin yal suitor a wreath on unknown soldier, he as the of T meet- early 11to quick emb; cted Lssassin’s 8o the ged from at the office | the state, sion Iyr s K mith company and | of the court you| clearly justified in finding done with the intent to person entitled to such | police, ! was ar tosa in the B find there s the nacial difficulty rokerage ment to 1 formally of the calm inued t1 mony while later re wh the Igian prince yunced tod t of e wreath-placing ce bands played Ttalian turning to the Ital- houses was one He position is Lamont concensus of those 4 present. wthems, name of and by company only;: he polic dent point near the y s shot when he way powered by Police to fir he board Lamont but thought the |, would take replicd he thought *somc e (Continued on Page Two) QUITS ONE HOSPITAL, SUCCUMBS IN SECOND Auto Victim Discharged, But Dies From Brain Injury 24 (P —Discharg 1S account of the Bru police of the attempt Prince of Ttaly, said ailant leaped from the crowd, nd fired once. He apparently desired to continue fir- |ing, but’ at the scund of the two detectives ran toward hi felled him. They were isted b plain clothes policeman, who mistaken for a short time for Mon- |accomplice, directors of a corporation participate in criminal aect, as a corporate act, they are individually liable for such act or acts. And a person charged with an offense committed by him against the laws of the state cannot ficial capacity as an officer of a cor- poration; nor can he assert that acts, in form of corporate acts, were not Stamford, Oct. from the Greenwich hospital, day night, as not seriously injured, | Seve Celestino Regacho, of 312 Green- | man’ wich avenue, tSamford, died-n the | veral Stamford hospital, last night, as a| | | an al Cartridges Left revolver was found to by him through the instrumentality unused cavtridges. [of a corporation of which is a con- (Continued of Page Two) The contain (Continued on Page Two) New Britain Investors Hit Hard By Wall Street Market Decline Yesterday's m, crash | er buyers which established new low prices on 181 securities and sent prices top- pling, wiped out scores of local in- direct result of injuries received in an automobile accident in Green wich, and for which he had been taken to the Greenwich hospital Medical Examiner Dr. Ralph W Crane of Stamford supervised an autopsy on the body, last night, and gave the cause of death as a lacer- ated brain. Regacho was injured on Monday afternoon, when an autontobile op- erated by Blas V. Crozon, 312 Greenwich avenue, Stamford, went oft the road on Put's hill, Green- | wich, and struck a large rock. | Crozon claimed at the time that | his foot slipped off the brake pedal and. on the accelerator, causing him to lose control of the c Regacho was taken to the Greenwich hospi- tal, which reported his injuries to Greenwich police as a lacerated left thumb and lacerated right forearm. Crozon is ilipino, as was the | dead man. Crozon was arrested by the StAmford police for the Green- wich avenue, Stamford, died in the death of Regacho and is held on a techrfical charge of manslaughte pending the coroner’s inquest, swhich will be held here on Friday after- noon, stock i and {hose owning outright. maze of changing quotations, none knew at market closing time just vestors and caused unprecedented | how their financial condition stoéd hrinkage in the holdings of heavy | since the ticker was unable to keep buyers. | up with the activity of the exchanges The break in the market at 2 o'clock was speedily transmitted to local trading circles, already dealing in a rather uncasy market, and the | cnd of the day. activity in unloading began at once. | The frenzied selling which marked While the New York market record- | the closing hour in local trading el the of 2,600,000 shares in B was carried over (o {his morn- minut w Britain investors shot | ing and unloading continued on what r orler to sell, but the un- | started off une: and then went tedness of the situation and the | into a falling market. rupidity with which the beard price Brokers said today moved downward caught many of | impossible to make an estimate of them, completely taking the equity | the amount of money lost through on the smaller buyers, and cutting | the break, but they regarded it as deeply into the holdings of the larg- | serious. closing when the boards finally | showed the true standings as of the a sale it would be T possession of which money he is im- | the | subsequently re- the effect of which |} funds | receiv- | of the Parker | the law is so that if the officers and | his acts merely because carried out | Although the tickers clicked off a | | and it was more than an hour after |$ today s special a back this days of Keller called Edward armer, and the two, with istance of a motorist, Georgs of Jeffersonville, Ind., Hopson the W removed ngton aboard | threc the | (Continue m Page Two) FALL CASE GOES TWIG N WA FYE BEFORE JURORS ~ CAUSES HIS DEATH Judge Recalls Panel to Make Pneumonia After Accident Faial Instructions More Clear | to Gatherer of Firewood ‘OUTLINES 8 REQUESTS JOHN DOBEK, 39 VICTIN Tells Court Group It Can Only Washington Strect Resident, Tnjue- PFind Verdict on Facts, Not on ed on October 11, | 3 | Emotions Aroused by Attorneys’ | pital—Made Home in This Pleas, Por 18 Years. Washington, Y Oct jury Iall {recalled o the tice Hitz at the request of sel |that he clear up part of his charges. The jury began its deliberation jon whether the secretary of the in- !terior in-4he Harding administration ecepted bribe of $100,000 Edward 1. Doheny for Elk Hills naval oil re heny The a. 24 brik court room 7. trial The was P'neumonia t John | | i | which set | in the v twig about inches by Jus- | picrced Dot at con was Grecki's farm in caused his ton on October 11, t ital t w Britain Ge He neral hos born in Pol ! had been for hom was from leasing the ve to Do- went to o tain making hing Dopek had a unit lock dey | Justice Willlam Hitz in his the charge to the jury said it was not Hie i a prerogative of the jury to he mereiful but that its only duty was to be fa to the defendant and the {government, The jur only right in this line, he said, was to coupls recommendation for merey with verdict. Such a recommendation, {he added, carried no weight excep that it expressed the personal feel- ling of each juror “Counsel has ur this defendant back to 1 of New Mexico,” Ju “You have nothing with the sunshine 0. You are here to d e on its merits.” Reads Instructions The judge first read instructions Po. agreed to by counsel, 13 of them |l membe P in being prepared by the government | American Republican and 15 by the defense. { Political club, No. 1, The prosecution = mitted Fall receive (Continued on Page WATROUS CAPTURED BY ILLINOIS POLICE Chec for some ti case W off from m artn factory an he intendir on Loc Was ring wood, o work the following In stoop over he the twig pierced his e force that it could not itil he reached the his conditic as critical because that the bra Mon- slipped ye with be re hospi- ng and such moved u d nizea probability touched. Last very ed at once was t been 1 Dobek’s ¢ poor and although conscious compl v pains in the head ed considerably several days he tient Prominent in Polish Cir Dobek was widely h residents of N lition he w to he send > °d you rema he tined He throughout of whatever of New de the ito do v a hospit les mongy in and Polish- Polish No. 38 Known w Brit the club, Nest id it $100,000 ad- from was (Continued on Page Two) §30,000 T0 BE PAID ON TEMPLE LIENS Two) |{East Hampton Tax Col- lector Will Waive Extradition Today to Con- tractors Lienors who supplied n performed work for the Allen Construction (., Masonic temple will receive checks their accounts, a total of erials or William H when was being D. Hartford, Oct. 24 (P ‘atrous, former fax 1B Hampton was ar | tiac, Illinois, Herbert collector sted in Pon- this morning and will be brough back by a Connecticut state policeman on a warrant charg- | (I a ing embezzlement of town fun 289400, A telegram received from Shericr| ~Of the amount to be |J. R. Scarrad of Pontiac at state po- | American Surety Co., |lice headquarters said that Watrous | ity Will furnish $17,000, waived extradition and State Police-| Masonic Building man Roy Petingill was sent to Iili- |tion the e, which nois to bring back the fugitive, who | amount as the final inst left East Hampton September 29. |der the contract. The surety com Information furnished by the s pany's payment was on a basis o police in its search for Watrous|75 cents on the dollar, a figure gave descriptions of the town offi- | isfactory to the creditors committ cial, the two young women who were | consisting of Attorney Ldward A supposed to have left with him and | Mag, Judge F. B. Hunserford and the automobile in which he left. No| Attorney Harold N. Williams, Jud mention of the two women was made | George Day of Har(ford rc presented in the telegram from Pontiac. the surety company and Attorney The state police search indicated | Donald Gaffney was counsel for that Watrous went to Toronto, then | Masons in the negotiatiore came back to the United ~m\l-s He | lacEn atehe is supposed to have left S: e A Saskatchewan, October 12, into§ baniuptoy from there to Waukegan, aniounts lalatred and then to Pontiac. GiassUo, teii A telegram was sent to the ehief | o By o M | of police of Pontiac from state polic: | i - HHE S L headquar st evening. [t o Sire. | Wood, Co., $1.454.67; Wiliam G J. erectr more paid out ot Ne the w Yori and Corpora is the tilment un- e 3 sat- on thr company and the Capitol City Bl went Tllinois | City Coal & kliffe Bro arclay, $850,85 1 THL Gooby John 76.07: Bonded A. AL Mills, Shop, $1,574.08. Paper filed at the office of the town clerk this afternoon rc leasing the liens from the temple. WEATHER New Rritain and viclnity: Cloudy and slightly cooler <o night; Friday fair. ¢ Lixpires at Hos- the | the | Another Vietim? rom H of sranded EYANSON PAINTED AS TARIFF FIXER Proposed Rates on Fish Imports Are Qumly Changed MEISNEST NEW WITNESS City Joseph R Grundy, Before Senate Lobby Inquiry Committe Re- plies Sharply o Walsh, Who Questions His Motives in Capital. MANN mber nect association son's org Powerful” the Mas Eyanson “Very rd Cooley, o Groton < 1 th M whom the tim pow with 1 Cooley had ! Will Be Sent ()ul‘, Cooley Watch the | al today covering | than | 7 Father Pays Kidnapers $25,000 In - Marked Money to Recover His Son Dot from was T () Tacki m Kidnape home d to his Sept. 30, par- son, lea Four Held By Police Two men and two women are ing held conn ion with tl ! They are: Jar his wife, Anna, 2 Emil Saove and Mary ( 0, 19. The two charged with kidnaping and held for investi, [ Ki s Fernando, men are women tion. Inspec a mer turned Jackic Thom paid $100 bills to them balance MacPhersorn which 1 tor Robert 1her i to sor 3 ipers ¢ the for the Jacki olice v four 00 notes ound at the Fernando said. He 16 with of the money Police said The heen in ‘ cmmunication with the kidnapers was home, Steamship Company Scofches NO WORD FROM AVIATOR Lieport | heara 1 . EXPLOSION AND BLAZE WRECK MOTION Fasrsy—Yegroes gt I Pt ICTURE LABORATORY, KILL ONE MAN; - 350,000,000 LOSS INHOLLYWOOD FIRE ) DITEMAN RUMOR Consolidated Film In- dustries Plant Ruined, Together With Parts of New Releases Own- ed by 75 Per Cent of Producing Companies. Four Blasts Follow Closely plosive Celluloid—Flames Threaten to Spread to Nearby BRANDED FALSE Story of Floating Wreckage That Unidentified Ship Pick- od Up Black and Orange Flotsam as Blaze Reaches Incorreet—Hope Virtually Abas- doned. St. John's Studios — Fire- men Control Situation. Hollywood, Cal., Oct. 24 destroyed the An ex- labor- Félm In- using plosion and fir arly t a $50.000,- building intervalssbe- itions which wreck- One man was killed, s operated for ndustry here d was being pe nt of the producers, Losses in- films of several as high as sons in the during on rat w about aster ducti No Accurate lepart estim, Estimate officials said the only tentative, n accurate I naster films would a better »y ship-radio loss Kyle cam eamer float- h tl lon in Golder however, and expen: to he ol could be ‘The only bert Lund, scious near ter fire t ot 1 fou g r an 1l alo 1 Dit Jr 1 tow little o have before Mont ird d that found as of Al- uncon- a film polishing machine iad quenched * the while being taken n monopl: men He died hospital. During the blast it persons ision immediately was believed sey- were trapped in the However, (. M. Lock- company executive who working in the place,.said 50 persons known by him ave been in the building at the lad been accounted for, in- dead loss, pending inven- Hollywood producing com- ntative. Fire depart- said first estimates them ran as high as which included loss of 1 costs incidental to tion. The building jitself at $400,000. after al film No Direct vord Word time 1 fear most uppe tory Ditema par me compiled ly two years s, probably qui and gaabecial master films, must operate : 1 duplic instruments instead ot by | (4PHC flying me 1 held little ¥aiued Ditemian would win throug drome, London, his ob 0,000, 5 I er by Included in first reports of master film destroyed was “Hell's Angel: 000 valued at $60.000; “The the Shrew,” produced by Greenland Fairbanks, value not esti- 2 (P - = i “Trespassers,” an all-talking rnor of Greenland broduction. and “Rio Grand,” a lay in 1ed the Associated Press and singing film. hat the eenland t never had Another Believed Burned m Urban Diteman, missin . LeBarron, vice president flier, and that no gasol ind general nfanager of Radio- ou him lian- ith-Orpheum productions, said he believed the first few days’ film- ng of one his s most oductions been in ding B - Practically every cq London Watch Fruitless lywood had film Oct. 24 (F)—An cager but | er ion feet vatch was kept through @ night on the Irish coast and Urban ¥. Diteman Poli H New- ed in ¥ atten 1 The Llown Unknown gaard Jensen, go In gen, Oct talkin or ng W At i been | or N he missing to have enlund aviator v shipped of compz cently to have Gire pany in Hol- aggregating sev- stored or in pro- development, in the build- on ing Croydon apparently causing an explosion walls of the out, and the start- tor who almost rhor Grace, on s Hane ight 1o 1. What, an late lon the that by building were mains blazed hope remained fc man': possibility picked up iio. 1 and a d alor \d over ngly all plane wit v rested solely on the some aviator ship inued on Page Two) - WARRIED STUDENT 10 LEAVE SCHOOL Normal withou strong over the co; westerly wir the eastern prov lantic British litions L low makin P vl el I’upll Automati- cally Dropped by Action tinued on Page Two) Hart Charles ord Hen Danbury Oct % 24 (B — Mrs Rcth, who entered Normial school as Miss ers in September, is no the rolls of the Normal cause her marriage Octo- automatic dismissal & ruling adopted by the te hoard of cation April 2, Alonz Myers, director preparation under the board, explained today. I'he resolution ceclares that affer adoption “any young woman who while a student in a State Nor- izl school hecomes married fm- mediately there severs her con- nection with said school.” No fur- action is nccessary, Dr. Myers - o1 Tan ool the ) hree weel cally since his son was r 15 ‘invokes 3 through polic they took no ste . harm last night befall som Dr Received Seven Notes T ved seven communication ptors, Inspector first demand was for ked up by the threat "boy's head would be ¢ amount asked was not pai wnsom finally was reduced to U Thompson handed over Thompson rec in with MacPher its t el last | > The status women who the Normal ously qualifi cial courses, questioned tled Mrs, married husband of re certain married studying at some of schools is that of previ- 1 teachers taking spe- Dr. Myers said when They are mot regularly students Roth and her husband were in Sheffield, Mass. Her is a gracuate of the Con- necticut Agricultural college, class of 1 nd son of & Danbury hardware merchant, \e ransom ers between 6 was paid the kidnap- 1 6: m. yester- Thompson had driven to the in- tersection of Grand Boulevard an Woodward avenue. Two men proached from opposite ived the money and le npson to return later ning and his hoy. Twenty wtes later police raided the Fer- nando home. Jackie was found play- ing alone in the kitchen, ) 30 day in the eve get mir