The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-13
THE PRUsSIAN CASE.
Police Intelligence.

DECISION OF JUSTICE STUART IN THE PRUssIAN
GOVERNMENT BILLS.
It will be recollected that few weeks since two
persons arrested by the police charged with forging
Prussian loan office bills The magistrate before whom
the accused brought has now the final hearing
given written decision the main features which We give
below. The accused parties hare been held to answer -
The Consul General OF the Prussan government for
the United States preferred complaint before me- on
day Of july is52 Theodore Prtman Antone Garvscc;
and others, did feloDitusly make and procure to be
made certain copper plates In imitation Of genuine Prus
sian loan office bill plates aud with having forged by
taking impressions from those false plates large num-
Der Of loan Office bills OF the denomination of one tha
Ter EACH being strict miitude Of the genuine Prussan
bills, and with having them in their possession in this
city for purposes OF fraud.
Counsel on tho side and on the other side sgreed
assume, with view first TO determine the law of the
that all the matters and things alleged by com
plsnant were facts In the premises and it was submit
ted to me upon able argument both sides whether
these loan office bills indeed the subject Of forgery
under the laws Of this State have given the matters
presented much consideration and will determine tho
questions OF law involved to the best OF ability
indeed an, that the embraces many important
legal principles and questions touching the offence Of for
gerry 10 in proof by established copy the Of
Prussia that in 1848 act passed By that govern
for the creation Of public loan oces and the issue
Of loan office bills Among the provisions Of this law the
following are those that enter into the consideration Of
the subject before
Sec / In Berlin and In the places where branches Of
the Prusaian Bank exit loan offices shall, If required
be opened under the guarantee OF the State for granting
dustry For the sfcctipg OF euch loans and establish
msnt Of depots agencies may be established by the loau
hian Bank do not exist
sec q For the total amount of the loans granted pa.
per money is TO be Issued under the OF Darcssn
Kaseen Scheme" Qoan Office bis These bills tax, the
place CT specie in All public receiving Offices
shall take them at their full nominal value private
persons are obliged to receive them No bill is 10 bs is
sued without sufficient security having been given
codrg to section four The total amount Of the loan
office bills issued fhall not exceed ten millions thalers
Sec 4 As security may be taken and bills issued
the pedgipg of merchandise, agricultural and mine
raj produce and manufactured goods stored within tho
country TO one half in excepted cases to two thirds Of
their Variation according 10 the different articles and
their saesbe qualities and on the Pedsng Of inland
mt stock stock issued under the permission Of
government by bodies polite and associations; provid
their non nsl value has been paid In full and the
gular payment Of interest dividends thereon has
ed after deduction Of the current market dis
count Tho loan shall in exceed the nominal
values stock not Issued TO the holder must be assigned
over to the loan office.
sec The formaties provided in articles c74 2Oy5
and 07S of the Rbenih Civil Code not to be- OBJ
by the Offices the entry Of the upon the
books Of the loan Office has the legal effect Of public
ssec H. The loan Offices are independent Offices with
all the rights and Of bodies corporate; enjoy
all the rights Of the public treasury with the exception
of the privileges granted 20 the latter in bankruptcy
Sec IL. The prussian Bank undertakes the msnoge-
en Of the lean offices TOR account of the state and I'm
der the direction Of the Ministry Of Finances but strict
y separate from Its other business The general admin
strstion conducted at Berlin by separate bank do
partment, under the name of General Administration
the Loan Ocos besides this for and by each loan Of
fee proper president is to be elected for which prss
dency merchants and mechanics are eligible. The in
terest of the State Is represented in each office by
veinment agent to be named in each case by the Mi
SEQ IA. Two members Of the directory being mar.
chants OF mechanics shall every week. changing weekly
and shall see that loans given exclusively for the
pose Of furtherng commerce and industry and that with
in these limits all interests far possible provided
for in equal manner IT, in their opinion this Is not
the case, the loan must be refused
Sec 15-The government agent shall take notice of all
the business and shall have the right of re.
fuspg the making Of the loan in all cases where one is
GSec H. The ten millions OF thaers in loan office bills
shall consist Of Elk millions in one thaer bills aud four
millions In five thsler bills. The loan Office bills made
by the general n,stretion the loan offices and are
to be stamped by the committee created by our
der dated July 49, 1915 Claws page 264 for the control
Of the issue Of bank notes to prevent than the
amount allowed by law being Issued and then transmt
ted 10 the different loan offices in proportion to the
amount needed The Minister of Finances has to maks
known monthly the amount OF loan Office bills in cireua-
"ssc 49, As soon as the continuation of loan Office
required the Minister OF Finance has decree
its discontnuancc and to make the publicly.
All the lean Office bills shall be called in within three
years least and precluve term OF not less than six
| months shah be fixed therefor
These loan office bs upon the one SIDE represent
| follows
Loan Office bills OF April 49, 1s4s one thaler
currency after the standard of 1894 Berlin grand ad
minis,ation of the loan oce and the other side.
Loan Office BILL one thaer currency - with the number
of the bill and the Of the president of CT
the branches Of the Prusan Bank purpoting to BIS his
signature also the of the officers Of the bark
DEPARTMENT charged with the general admin ration
of the business of the lean Offices they bear vgnetts
with such other designs common to bank notes of
this country, and each genuine bill is stamped
Council for the prosecution, when th, first
brought before me presented it within the Both
tion, article g. chap part w., I'd vol II. s edition
which provides that Every person who shall have Ia his
possession any forged altered counterfeit negotiable
note bill draft other evidence OF debt issued pur
porting to have been issued by any corporation ccm
pany duly authorized that purpose by the laws the
United States or OF this State or of any other State go
vernment country the forgery which is herein be-
fore declared to be punishable knowing the same to be
utter the fall or cause the same to
be uttered with intent to ipure deraud shall upon
conviction be subject to the punishment herein pre-
scrbed fer forgery in the second degreen 1t was con-
tended that these instruments the Of cor
porate institutions that they in the language the
Prussisn act, the Issue of loan offices having all the
rights and powers of bodies corporate ard for all the
purDcses Of forgery were clearly thu proysona of