The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-13
The MOnongahela Valley Bank.
TO THE EDITOR OF THE HERALD.

McKEEspoRr, Pa, Sept 10, 1859
notice in your issue of yesterday card from Mr. J.
Tyler Hodges publisher Of bank note reporter 27l
Broadway New York, viz Hodges Journal of Finance
Mr. Hodges did make demand of me for So ,0O0 or a
demand to that effect on the evening of July and can
prove it at any time required; and was also urged to
concede by Mr.. William Branch, a friend and reputed
partner of Hodges, to his (Hodges) demand, Branch
stating that Hodges could write up down bank as he
chose.
And it is an imposition on the creduty of a too
creduous public that they are indebted to him or his
efforts for the investigation of the forgeres perpetrated
upon the Citizens Bank Of Psburg; and for the utter
falsty of his statement would refer to Hon. H. A. Wea-
YER Mayor of Ptsburg There has been any for
geries perpetrated on the Monongahela Valley Bank
J. L. LANGLEY, Cashier.
THE CASE OF Mr.. DILLAYE.
ARRAIGNMEST OF STEPHEN D. DIAYE AT PTrsBuRG-HELD
$4,000 BAIL TRIAL.
The Pttsburg Journal, Sept states that the hearing
of Stephen A. Dllaye, of New York, on charge Of
nongahela Valley Bank, of Pennsylvania, place in
that city before Mayor Weaver, on Thursday.
The Developments made by some Of the testimony
there given were new and unexpected to The points
Of novelty follows Mr. Ullaye paid to the
Commissioners at McKeespor fifty thousand dollars
stead of twenty thousand five hundred dollars as
has been heretofore supposed his stock never de-
cared void but was transferred to other individuals he
was director Of the bank subsequently to the exposure
Of the forgery
Mr. Dillaye appears to have been singulay unfortu.
nate in his connection with the affair We hope further
investigations clear him from the suspicion
which hangs over him He cannot be convicted on the
evidence thus far adducedand the holding him to bail
right
Mr. Landon having been committed on Monday last
for week, not brought before the Mayor at the
hearing yesterday, as had been preannounced and Mr.
Dayes case alone was brought up. Annexed we give
T. D. Jones afrmcd-Mr. Dillaye is the gentleman with
whom had this transaction il the 1t Of October
1855 Messrs Daye and Ingdon with the other parties
who accompanied them, we're all introduced to me by
L. Langley, Cashier Of the McKeesport Bank about 2l
O'Clock NJ, ut the Citizens Bank; had never before
any Of these parties except Mr. Langley from pre-
vious conversation in regard to negotiating certi
Gates Of deposit and upon his representation hand
ed the money to Mr. Dlaye; Mr. langley was introduced
to me through letter from Mr.. Seymour from the Far
mers and Mechanics Bank Of Detroit Mr. Daye said they
had certificates Of deposit Of the American Exchange Bank
winch they wished to negotiate; those certificates were
presented by $. 6. Langley; handed the money, upon
receipt of said certificates to Mr.. Dillaye sent those
certificates that evening to New York Witness looking
a Tue forged certificates attached his former affidavit
SAD "Ihese are the certificates cashed ~ Mr. Dlaye
represented that the Bank McKeesport designed keep
ing an account with the Citizens Bank and that thew
would want some exchange and IL these certificates we're
retained they would be down and take portion Of them
IN exchange; Mr. Dllaye requested that they might re-
man unu MONDAY, as they might portion back for
their the Of the bank) as il was worth half
per cent more to them than their own Immediate home
ning said to Mr. Langley 81 presume they are ali rigbt
he said "They were;' Mr.. Daye made no ma,or;ai ~
marks save such as nave stated Iangdon pre-
don had endorsed them and to attend TO something
about his baggage the amount of money that Of the
face the certificates forwarded the certificates to the
Mercantile Bank of New York; on Monday received n
despatch from that bank that the certificates were forge
RES receipt Of this despatch Immediately for
McKeesport
some sparring here occurred between counsel the
admssby Of evidence relating to the visit to McKees
port1
Cross examincd--Mr Daye stated the business OF the
party Messrs. Langley. Langdon Kelsey, Immediately;
he was the in chief who presented their business
he said they had certificates the American Exchange
Bank, which they wished get cashed knew not who
OF them had hem Mr. Dllaye asked Mr.. Langdon to
hand them out; Mr. Kelsey gave certified check
banking house in New York for $1,000, which paid