The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-03-25
ARREST OF AN ALLEGED DEFAULTINC

MAN BANKER
oNE MILLION OF GgILDERs MIsSING-ANorHER Ex-
TRADITION CAsE-THE GREAT STUTTGART BANKING
FRAUD, ETC., ETC
The German newspapers by the last European
mail were filled with accounts of a great banking
defalcation which has just came to light in Slut
GARD the capital Of the kingdom of Nuremberg
and by which hundreds of business men were Grip
pied or ruined. The alleged defaulters were the
urn OIL Arleder Weiss, one of the oldest and most
respected banking houses in the kingdom of Wur.
IelnoerS <, ana VINO We're well known in business cir
cies In TINS city, being the medium through which
remlttances from Germans in this country were
sent to their native land. ~ to the time of their
disappearance no firm stood higher in the good
opinion of the public than that of Arleder and
ess, though 1t subsequently appeared that either
through strong temptation, or some dire necessity
which has not yet come to light, they have been
led to abuse the confidence placed in their integrity
and forfeit the good opinion the business community
had of them.
SO far as has been ascertained about one million
OF guilders have been defaulted bv this firm sum
equal to about S400,0 United States currency.
This money belonged mainly to small dealers and
was distributed among number of people. Messrs
Arleder and Weiss disappeared on the eighth of last
January at which time it is supposed they took the
Hamburg steamer for this port and arrived rds
the close of the month. Since then they have been
hVihg IN this city under assumed names, and were
about taking measures to 90 into business shortly
never dreaming that they would be molested by any
OF the myrmidons of the law. But they were mis-
taken.
Among the persons who were robbed by the de-
ialcatlon was Mr.; Paul kolb, of Stutgard, whose
brother, Frederick Kolb, lives in this CITY, As
soon as the flight of the bankers was known, Mr..
hoo suspected they had to this city and wrote
on to his brother telling him to keep look out and
nave them arrested if possible A short time since
parties informed Mr. F. Kolb that Arleder was seen
IN this city, whereupon application was made to
the Supreme Court, and Judge Clarke issued an
order for the arrest of the alleged deaulting bank
ers.
the order was issued
CITY and Cosnty Of Ne,o York-Frederick Kolb
being sworn said that the above named defendants
were bankers at Stutgard, in the kingdom of
urtemberg, Tor several years prior to the Sth of
January last; that in their said capacity as bank
ers and in fiduciary capacity they received from
the above named plaintiff large amount of money.
to wit: the sum of twenty-one thousand guilders
OF the currency of said kingdom of Wurtemberp
being OF the value in the currency of the United
States of the sum of SS,9S8, which they received
and agreed to hold for the use and benefit of the
said plaintiff as his agent; that on or about the Sth
day OF January, 1858, the said two defendants alb
sconded leaving the said city of Stutgard clandes-
timely, and carried away with them the said twenty
one thousand guilders of the plaintiff; and also as
deponent is informed and believes,ia large amount
OF money, being upwards of the sum of one million
glders, belonging to other persons as also appears
from the columns of the public newspapers; and
that the said defendants frauduently and with the
design of cheating and defraudng the plaintiff
carried off or concealed all of their property of
every kind and description, as deponent is informed
and believes; that the defendant Ferdinand Arle-
der, Is now, as defendant is informed and believes.
concealed in the city of New York under an as
sumed name; FREDERICK KOLB
Sworn before me this Goth day of March, 1858.
JOHN HAYES Commissioner of Deeds
The writ issued upon the above affidavit was
placed in the hands of Deputy Sheriff Herman
Stern, the same who arrested Mott short time
SINCE who, with his assistant, B. B. Rosenberg
OF the old police, set about finding the whereabouts
of the fugitive. 1t was discovered that he was iv-
ing somewhere in Williamsburg, and accordingly
the Sheriff OF Kings county was called upon to as
sist in the search. Meanwhile Areder got wind of
the fact that the Sherfs officers were on his track
and escaped to New York, and he was secreted in
this city for several days. On Tuesday night Dep
uty Sheriff Stern received information that he was
stopping at boarding house in Liberty street. at
the corner OF Temple street, and he accordingly
proceeded thither
On arriving it midnight and all the inmates
of the house were in bed. The Sheriff demanded
admittance, which was at first refused but finally
he succeeded in entering. The inmates denied all
knowed ge OF the whereabouts of Arleder but after
an hours search he was found in an out of the way
room. He was taken in charge by the Sheriff,
and yesterday was lodged in Eldrdge street jail to
await the action of the United States courts Under
the law he has twenty days to prepare an answer to
the charge made against him. He will be tried
under the provisions of the Ashburton extradition
treaty.
Christian Weiss, his partner, is also supposed to
be In this city, and may be arrested under the same
charge, though there is some doubt whether pro-
ceedings will be taken against him now that the
Pr in-;T.si b. haa saaupAa