The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-13

this money paid Kcscy's certificates put in the
same bundle with the money paid the certificates on
short time, and believed them genuine; ten minutes
were occupied IN paying Out the money, which was
Dulayes reason for asking that the certificates
should be returned was, that the McKcesport Bank
would require exchange, and that this exchange would
be worth half per cent more than their funds the
time they occupied from the time they entered until all
the money counted out ten minutes; OF them
suggested that, they going TO McKeespsrt some
would have to attend to their baggage think Langley
went with Iangdon two remained, and two had gone OUT
saw no carriage drive up the door Of the bank after the
business compleed my introduction TO Langley was
June July, some time prior to this transaction the
despatch from New York, stating that they were forged
first received and aterward they returned pro
tested and letter from the President of the bank
received also, declaring them to be forgeries; after Mr.
Iangley's Endorsement picked them up but do not
know whether they passed into the hands OF any other
parties.
soners Of the McKeesport Bank; this money
ceived in payment Of number of subscriptions, and
paid by Mr. Dllaye; il was laid by him the
BILE the bundle in which it was contained over fifty
thousand dollars the amount OF money Mr.. Dlaye
paid twenty thousand five hundred dollars Mr.
Dillaye said the entire amount was in payment of sub
scripons To the stock of the bank the money of the
Citizens Bank $4,000, including the subscription Of
81 600 from Mr. Kelsey the remainder Of the fifty thou
sand was other Pennsylvania banks; the whole bundle
paid Mr. Diaye's and Mr. Iangdons subscription; the
amount of stock subscribed by Mr. Dlaye stood in the
name Of Mr., Diaye, with Iangdon, DR.. Huey, Mcssrs
Kelsey, Rowland and others; the amount subscribed by
Mr. Dllaye remained in the bank in his until regu
lary transferred by powers of Attorney received Mr. Dill
laycs subscription in New York Mr. Iangdons subscrip
ton was also received there Mr. Daye's was ndepend
ent but not Completed Mr. Naye had agreed to sub
scribe s2 500 in his name and that of several Others
at the time the subscription was made the books
opened in New York and IS per share paid.
Or. Huey, sworn-Was one Of the Commissioners; was
with Mr.. Rowland when Messrs Dllaye and Iangdon
each subscribed 81 100 and S. per share was paid re
turned home with the understanding that they should
ceve notice; they at the appointed time and paid
the money, Mr.. Rowland has stated; MS the
subscription made at McKeesport went to Harris
burg and obtained letters patent after return, and
after the money had been refunded to the Citizens Bank
Mr. Dllaye elected director; before the Bank
went into operation Mr.. DIS interest transferred to
other parties; he was director about month, until the
annual election the return Of the Commissioners of the
Bank certified TO show that Mr. Daye, in behalf of self
and wife, and several other parties subscribed for each
separaey by the act of the directors the stock of Lang
don declared null and void none OF Mr. DIS stock
ever declared void.
Mr. Swartzwelder here stated briefly the argument
against holding Mr. Dlaye to bail the charge against
him. They summed in the declaration that there
but points which TO base the accusation, the
fact OF receiving the money and being in company with
Llngdon.
Mr. Miller replied that to say the least of it, if Mr.. D.
guilty he had been exceedingly unfortunate in his
company and associations was unfortunate for him that
he received the 1927 500 and paid the TO the Monon
gahela Valley Bank He referred TO the fact that Daye
suggested Mr. Jones that the drafts need not be
to New York until the next Monday, inasmuch the
bank intended TO deposit with them. 1t was conceded by
Mr. SwarZweder that the certificates Of deposit for
geries; being certificates of deposit Langdon must have
known the fact his intention must have been TO take
the certificates with the issue of the Monongahela Valley
Bank This intention could have been carried out
without conederates This, in connection with the other
facts duplicating Daye, made out case of grave susp
cion to say the least
Mr. Miller then referred the entire matter to the discre.
ton Of his Honor the Mayor.
The Mayor announced his decision to be TO require bail
in the OF 81 600 for the appearance OF the defendant
at the next term of the Criminal Court Mr. Swartzwe
der became bail for his client in said amount