Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1854-11-01
The Bank swindle and Arrests in New
YorIt

The Bank Swindle and ATrests in New
York.
II has been stated under our telegraph head that
a swindling concern called the "MeTchunts' EX-
change Bank, AnucoSta, ID. c." had been discov.
cred in N. York, and broken up by the police. Its
notes have been extensively circulated in the
West and South, and are signed byR E. Curtis,
cashier, and Il. Dewey president, and made re-
deemnble at No. GO William street, Ny The
Tribune Of SntutdaYSoyG
From the affidavit made by Fred'k Curtis, Of
No. los Third avenue, il appears that in July last
person named Jones CAN'T TO him and stated that
there was new bank about to start, and that the
parties interested wished him as cashier After
making some inquiry ns TO the salary, he replied
that he would call upon them in n day or two.-
He finally accepted the position offered nui went
10 No. 60 William street, Where he was introduced
10 Holdenge, Dewey, Leonard, WestbroOk, Alfred
Hyde and another. They set him to work signing
the bilisas cOsheI and he did so to The amount Of
900. All the bills, he stated, were made and
signed in this city, and there is no such bank in
the District OF Columbia. The bills were also
signed by Dewey rs president, and circulated ex.
tensively in the west.
Mir. George G. Jones, Of Cincinnati, Ohio de.
posed that he made contract with Mr.. Dewey,
who agreed to purchase sB6 900 worth of the stock
at pnE, and pay foTthe same in bills Of this bank;
$50, 600 in these bills were paid, and Mr. Jones
agreed TO circulate them in Arkansas, with the un.
Outstanding that when presented they should lie
redeemed, and that The bills Shonld be quoted in
Thompson's Bank Note Delecor on the same foot.
ing ss other county banks. This was ofteIwoTd
varied, and il WINS stated he did not know whether
lie could get itnserted there, but wouldlTyi but at
oil events on arrangement equally effective would
made.
VIM. A. Fincnuld, at No. 90 Wall street, Treas.
uTeT of the H0yersraw lTCn and Mining Company,
lepoSed that on the 18th uli.p he made contract
with Dewey, WeslhIOok and Hyde, for $4,000 Of
the bills, and received on it $4,000 Of the biS,and
two checks, one for 5000, The other for 81 500.
The first check was presented and paid, the SEQ
ond was not paid, but exchanged for other smaller
checks,
WIN. NJ. Arnold, of No. % Wall street, corrob
Grated the statement of the last witness, and fur.
theT that tile bills received were 81, 50 and SO
bills, and that he paid them to the woTkmen en-
ployed by the HayeTstIaw Iron and Mining Com
nany; that the bills puTpoHed 20 he Eeleemable at
No. 60 William street, but on presenting some Of
them there they were not redeemed. Witness had
$50 Of the bills which he presented for Tedemp-
lion, but oil he could get ON them was Sl7. On
the morning of tee 26lh witness went to the office
Of the Chief OF Police he having on the previous
day gone there, and made a statement, when he
would 70 with HIM to the corner OF broadway
and Leonard street he would cash the bills; he
did so and got Tie money. Prior TO this Dewey
told him that he had been to Anacosta and stuck
up sign.
Mr.. knight, Of Hoverstraw, depOsed that nbout
the LIST Of September he received 500 Of the bills
from the HaverSTaw Mining Company and took
them To No. so William street, where payment
was refused, and since then he has not got the bills
redeemed. Mr.. Mcclellan yesterday despatched
officer McPhaTson 10 the establishment in William
street 10 nTTest the parties and bring 10 the office of
the Chiefof Police all the articles he could find
there. He found no person, but brought 10 the
Chiefs Office the iron safe which is sold 10 contain
oil the issues OF The bank mol in circulation.
warrant lot The arrest Of the parties concern
ed Yves then issued, and yesterday George West.
brook was taken into custody with s74 in bills
Of this bank in his possession. SuudTy papers
and leltels which identity him with the concern
were also found on bis person. He was locked
up Ivy the Chief Of Police for examination. The
bills ate po,rIy executed and printed on inferior
paper. s