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Music Trade Review

Issue: 1900 Vol. 30 N. 13 - Page 3

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE NEWYOKK
BLIC LIBRARY
V O L . XXX. No. 13. Published Every Saturday by Edward Lyman Bill at 3 East Fourteenth Street. New York, March 31,1900.
Piano Dealer Implicated.
IN
FAILURE OF RUTLAND BANK—CASHIER
HELPS M'CLURE AND BOTH GO DOWN IN
THE CRASH.
[Special to The Review.l
Rutland, Vt., March 27, 1900.
Charles W. Mussey, cashier of the Mer-
chants' National Bank of this city, who
caused the wreck of that institution has
confessed to misappropriating funds of the
bank to the amount of $145,000, and to
falsifying his accounts to cover up the
transaction, and also to forgery. He is
to-night lodged in the county jail, in the
custody of the United States officers, his
bail having been fixed at $100,000.
Mussey's story as to the causes that led
to the defalcation is a peculiar one. The
transactions have extended over a period
of six years. The trouble began when he
discounted a note for a few thousand dol-
lars signed by M. A. McClure, who kept a
music store. This he did without the con-
sent of the officers. A little later Mc-
Clure applied to Mr. Mussey for another
loan, saying that without it he must
fall. Mussey, fearing to lose what he had
put out, made the second loan, only to
have larger and larger amounts asked for,
until, when the crash came, McClure had
received $145,000 of the bank's money.
The whole defalcation seems to have been
caused by these transactions with Mc-
Clure and Mussey surrendered notes to that
amount signed by the piano dealer. The
bank directors have attached all of Mc-
Clure's property also that of H. O. Edson,
who endorsed McClure's notes.
In telling his story, the cashier ex-
plained how he deceived the directors,
when the directors made their examina-
tions, and even deceived the national bank
examiners. The last examination was
made March 1, by Examiner Whitehall.
Mussey says that at that time he forged
the names of prominent business men to
notes amounting to $145,000 and destroyed
the notes after the examination was made.
Mussey has been cashier of the bank since
its organization twenty years ago. The
failure and the exposure of Mussey's
doings have caused a sensation through-
out Vermont.
The Kurtzman piano is a great favorite
in Michigan, and J. J. Bell, of Port Huron,
claims to have sold more of them during
the past year than all other makes com-
bined. When Mr. Bell's large trade is con-
sidered, this is a testimonial to the Kurtz-
man of considerable importance.
fa.oo PER YEAR.
SINGLE COPIES 10 CENTS
Incorporated in Missouri.
Association fleeting Postponed.
[Special to The Review.]
TO BE HELD AT THE GREAT NORTHERN
HOTEL ON MAY l 6 T H INSTEAD OF MAY
9TH THE CHICAGO TRADE WILL TEN-
DER TO VISITORS A GRAND RE-
CEPTION ON THE 18TH.
Jefferson City, Mo., March 27, 1900.
A certificate of incorporation has been
issued by the Secretary of State to the A.
W. Perry & Sons Music Co., to transact a
general business in musical publications in
Sedalia. Capital stock, $8,000. Incorpo-
rators: Phil. B. Perry, Kate A. Gregg, A.
J. Perry and Phoebe B. Perry.
flanufacturers Offer Prizes.
The Paris Association of Piano and Or-
gan Manufacturers distributes each year
nine thousand francs in the form of prizes
to the oldest and cleverest workers in the
French factories. Six thousand francs of
this amount are donated by M. J. Faivre,
the retired piano man, who made a large
fortune in this country. The annual prize
offer has just been supplemented by a gift
of $500 from J. Herrburger, manufacturer
of the famous Schwander action, which
will be given to the chief "finisher" who
displays the greatest ability. Candidates
in this connection will be presented from
the different piano factories.
A. B. Cameron Returns.
A. B. Cameron, of the A. B. Cameron
Co., has returned from the South, where
he sojourned several months whilst re-
cuperating after a severe illness. The
Cameron products are selling well.
After Conquests New.
E. N. Martin, whose marriage was re-
corded in a recent issue of The Review, is
back again at the warerooms, preparing
for an active campaign, with stools, scarfs
and cabinets as his most effective weapons.
He has fought well so far, gaining numer-
ous victories in the keen contest for pa-
tronage on merit. Mr. Martin is now
bent on making new conquests, and his
many friends wish him abundant success.
The Behr Report.
The report of Behr Bros. & Co. for the
week is to the effect that a condition of
healthy activity prevails at the factory.
Horace F. Brown, the Behr traveler, left
town on Monday for a three weeks' East-
ern trip.
At the request of the committee on ar-
rangements the Convention of the Piano
Manufacturers' National Association, to
be held in Chicago, has been postponed
from May 9th to May 16th The business
meeting will be held on Friday and Satur-
day, the 16th and 17th, and the banquet
will occur on the evening of the latter day.
On the 18th the members of the Chicago
trade will tender an entertainment to the
visiting members. The meeting and ban-
quet will take place at the Great Northern
Hotel. The various committees have done
magnificent work in the development of
affairs to the end that the meeting in
Chicago shall be one of the most success-
ful, as it will no doubt be one of the most
important in the history of Association re-
unions. The members of the committee,
both East and West, are much gratified at
the interest which is being displayed in the
Chicago meeting which promises to be a
memorable one in many respects.
The Angelus in New Haven.
Wm. L. Barker has been giving a series
of Angelus recitals at his music rooms in
New Haven, Conn., which have been re-
markably successful from every stacdpoint.
At the-fifth recital last week the program
included vocal solos by G. Elmer Goodwin,
banjo solos by Miss Mersick, piano solos
by Miss Schwab and several interesting
numbers both classical and popular on the
piano through the medium ship of the An-
gelus. There was a large and cultured
audience which enjoyed the entertainment
immensely.
The Byrne Removal.
The removal of the C. E. Byrne Piano
Co.'s factory from 525 West Twenty-third
street, to larger premises at 324 West
Twenty-sixth street, is now nearly com-
pleted. It is expected that all departments
at the new building will be in good shape
within the next three or four days.
Files Amendment.
New stores will be opened about April
The Chicago Cottage Organ Co., of Chi-
1 in Oneida, N. Y., by Arthur S. Phoenix cago has filed an amendment with the
and in Springfield, Mass., by John C. secretary of State of Wisconsin, changing-
Bohlmann.
its name to the Cable company.

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