New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-11-09
4 BOGUS BANK.
THE NEW ENGLAND BANK A BOGUS CON
CERN-THE WESTERN COUNTRY FLOODED
WITH THE ISSUE


| quarters that s. counterfeit on "The New-Engand
Bank was about being put in circulation and, with
the view of saving shopkeepers from being swindled
! by the "queer" telegraphc dispatches were sent to
the various police stations about the city and the po
| licemen notified TO put the public their guard.
! Quite number OF bills on the Bank in question
however passed, but 10 arrests were made. The mat
ter thus rested until Saturday last when the supern
tenden. Of the International Hotel, broadway, met
Detective Officer Roach in the street and told him that
there was n man stopping at said house who had de-
posted upward Of 800 OF the New-Englani Bank
money in the safe Of the establishment. The clerk
further stated that the OF the depOsitor In
derhil and that he had found out the matter in the
| following manner: Mr.. Underhill had purchased a
pair Of boots for $li at the store of Cahl Co., and
| had given order upon him the clerk to pay the
same. The clerk, being busy at the time told the
! bearer Of the order that he would not pay it. The
bearer returned to Mr. Underhs and stated the
trouble, when Mr. Underhill replied that il was too
bad, that they had over 1000 Of his money in the
safe. The bearer again applied to the clerk, who
opened the SAFE and drawing Underhills package
of bills took the,efrom two $40 bills of which he
changed and then paid the order, giving the bearer
the other $40 bill and the balance in small bills.
Mr. Cahill soon after sen the bill back saying that
it was bad upon which the superintendent of the
hotel took it to brokers', who told him that
there was no such bank in existence. Mr. Superin-
tendent thereupon gave information of the fact to
Officer Roach who reported the matter TO lIeadquar-
ters The matter placed in the hands of Officers
Roach end Poole OF the detective force and both have
been actively engaged in working up the case ever
since. On Saturday evening, the officers repaired to
the hotel and arrested Underhill he entered the
house and selling his effects conveyed them and
their prisoner to Headquarters Upon Underhills
son found of the $40 bills upon the bank in
question: while the package in the safe contained about
$500 of the same kind of money. There were also
found in possession of the accused several vignettes
for other banks about half bushel of letters land
warrants, and quantity of worthless bonds. Under
/ lii said that he received the money found in his
possession from Mr. Wilcox, broker doing business at
No. II Wall street in payment for twenty-five acres Of
| Western land
The officers traced the manufacture OF the bills to
large firm OF bank note engrayers in Wall stree. The
eDgravers stated that, about nine months ago, they
received orders to print about 500 900 worth of the
money from one H. r. Downing hailing from Portland,
Me-. aud exhibited to the officers the following circular
and letter attached which had been sent to them from
Mr. Downing:
NEw-ESGIANb BANK,
Paramount, ARoosroog County, MANI
F. j. Rittenhouse PRECEDENT VIM. Wheeler, President;
HIT Downing N; 4 fo III Mill Mana Gs'A''
Agent and Correspondent Sc rotary.
This Bank but recently organized aud in operation,
founded upon ard specie basis and yet has bu. little
dcmpton Of our issues Suffolk Bank any other place
than at counters although We design to have sun ar
facilities for mailing and expressing matter from ibis point We
Ius viii be At 70 o1 day and shall then be fully Re P,b
ing business IT,. and R'ae to oureye. as well to our
generally the
should time being be addressed H. Timothy Down
ing esq, Portland. Maine.
(sisned with ink,l 5. KING
Egw.EyeLAyD BANK, PARAMOUNT, Me-, Dec 1851.
DEAF SIR: We hear nothing from you yet respecting our
ss W. @ ss 9% na P Do not t SsS a
hardly delay printing account o It, You w ho
whe TO expect them we Ie job @ give you other
denominations TO snsra'e and print for IS Dat nti we hear
from THESE We vi" r. T. DOWNING Asen, Portland Ne.
The officers state that within the past week upward
of $4,000 of these shinplasters or false tokens have
been circulated by brokers in Wall street, and give
the nance OF the following persons who have been
dealing in the same 4: Mr.. Calhoun of Exchange place,
it i, said has got rid of about 81 600 of the stuff Mr..
Wood broker Pine street, ii is said, has paid ont
about 81 500 for Rhine wine Mr.. Tompkins, it is said,
has passed off between $4,000 and 1900 Mr.. Jack
son about $1,000; Dye the bank-noe engraver, has,
4
names did not learn.
There is no such Bank in existence, and the whole
thing said to be fraud from first to last. Brokers
have been furnished with it and have passed il of in
large and small quantities. their business demanded
The whole Western country is said to be flooded with
the stuff and the calculation that the projectors OF
| the fraud have issued about $500 O0J.
| Yesterday afternoon the accused taken before
| Justice Kelly at the Jefferson Market Police Court,
when his counsel demanded immediate examination,
setting forth that Mr.. NJ mad now been confined two
days in that dirty filthy hole ",lludins to the cells
al the Police Headquarters.
The following affidavits were taken by Mr.. Thomas
| Murray tie Clerk Of the Court:
Carton Cils.e, being duly sworn, deposes and says
| Il am Superintendent. OF the International Hotel,
| situated on the corner Of Broadway and Franklin
| street New York: that the ID day Of November,
1879, Jethro Wood Cnderhi, now present, put up as
| guest at said Lotel that Saturday morning the
SAID Underhl sent down order 70 deponent, which
order her, annexed to pay the bearer the sum OF
$li; that deponen, being busy at the time pad no
attention to the order when Michael Hughes, the
person who brought the Aforesaid order 10 Opponent,
stated to him tia. UnderhiIl said that his package
| wss IN the safe; that thereupon deponent opened
the safe, and took therefr0m package OF money
| marked - s. w. Cnderhin, Room No. 59. which was
the number of the room occupied by defendant and
took from said package two promssory notes, 10 the
form and simitude of a bank bill purpOrtng to b. of
| and issued 10y the New-England Bank, Paramount
Maine for the payment Of the sum of $40 each, and
| changed ore of said notes himself, and paid said
| Hughes ope Of the aforesaid notes, and 81 good
! money; tina; shortly after, said Hughes returned and
informed depopent that said bill was worthless, where
| upon deponent immediately examined said package,
end found therein thirty Of the aforesaid worthless
| bills bearing the smilitude of bank bills, and pur-
porting 10 be issued by the New-Engsnd Bank, Fair
mount Maine, for the payment of and denomination