Show DANIEL LE LEROY ROY DRESSER ARRESTED I AT THE HE INSTANCE OT Or JOHN W YOUNG New York March 16 Daniel Le Roy Ro Dresser who was president of the Trust Company Compan of the Republic which went Into liquidation several years ago was arrested today on ona a warrant warran charging him with misappropriation of He was arraigned in court and paroled in inthe inthe inthe the custody of or his hI counsel coun l Mr Dresser was prominent in the dry goods gooda trade of this city and the Trust Company of the the Republic with w h which he was connected had a large share in inthe Inthe the promotion of the United States Ship ShipBuilding ShipBuilding Building company Affidavit by John W Young The arrest of Mr Ir Dresser Dr was made on the strength of two affidavits pre presented rented by Andrews a New NewYork NewYork NewYork York lawyer and John W VT V Young of Utah Son on of ot Brigham Young The Tho affidavits made by Andrews al allege allege allege lege that oh Dec 12 1902 he gave Dres Drea Dresser Dresser ser bonds of 1000 each of the Unit United United United ed States Ship Building g company The bonds bond he affirmed belonged to Mr Young for whom he was acting as at attorney attorney attorney torney Dresser Dress r the affidavit avers was to 0 negotiate a loan on the bonds and was to hold them In trust rust until Aug 1 1908 The Andrews Andrew affidavit further alleges that Dresser failed to obtain the l an and refused to return the bonds upon the date specified Failed to Pay ay Drafts In December of 1902 the affidavit de dl declares dares clares he made a demand upon Dresser to return the bonds Dresser refused according to te t Andrews but In January 1903 offered to return fifty of the bonds if Andrews would pay pa three ree drafts for drawn by Dresser to the order of Young who was than In Paris Andrews says that he gave Dresse Dresser the money and that he paid two drafts but did not pay the draft for tor 1000 It is with the conversion of this amount amo nt that the former banker anker is charged John W r Young makes a corroborative affidavit Dressers examination will take tako taj e place plase March 22 Dres r makes complete de denial denial denial nial of the allegations and says S ys ya The Tho serving of warrant is sim simply simply ply one of the t rn t petty annoy annoyance ance anee that the ship building promoters have attempted to harass har ss me with for forthe forth forthe the th last five Live years eara 1 I 1 |