Cincinnati daily press. [volume] (Cincinnati [Ohio]) 1860-1862, 1860-07-11

Defnlcatton and EItHht Of n GLASGOW stock
Broker-His Singular Financial Opera
tions-Hc Robs Bankers, Jewellers aud
his Mistress. ae effrHaeA' - OF
From the Glasgow (Scotland) Bulletin of
late date we clip the following; r-r II
For the last three days various rumors have
been afioat in town regarding the flight Of
an accountant and member Of the Stock Bx-
change, who has, IL is alleged, been guilty Of
the crimes Of embezzlement, forgery, and OBJ
tanning money and jewelry under false and
fraudulent pretenses. AS we believe the mat
ter is already sufficiently notorious in COM
mercial circles, there need no longer be any
delicacy on the part of the press in alludiag
TO the circumstances. The party to whom
we refer is Mr.. George Q. Monteath, account
ant and share broker, who absconded toward
the end of last week, and is believed to have
sailed on Saturday, per the Europa, from
Liverpool to America. He was twenty-six
years of age, and held commission as ensign
in the 18th (stockbroker and accountants)
Company of Lanarkshire Rife Volunteers,
for which corps he was also treasurer and in
which capacity he is said TO have embezsled
the sum Of about f200 belonging TO the corps.
A curious transaction is reported TO have
taken place in connection with his treasurer
accoutrements by Messrs. Mcintosh & Sons,
Stockwell-street. The account, amounting
TO &l26, remained unpaid after il was due
and when the collector called upon Mr..
Monteath, the answer was returned that he
had no funds on hand belonging to the CORPS
After a similar reply had been given on
several occasions, the collector threatened to
go to the captain and solicit payment from
him. "Well,p answered the treasurer ego
to the captain, and he'll send you back to
me. However, If you wish the money, I'll
give you my acceptance for month, and re-
tire it at maturity" After some demur this
was agreed TO, and a receipt was granted,
bearing, unfortunately, the words "by cash
instead of "by BILL" I1t
This receipt was handed, with other docu-
ments to the committee of the corps, who
may positively refuse to retire the acceptance,
when II will require to be taken up by Mr.
M'Intosh, who will consequently lose the
entire price of his belts. This, however, is
not the only rumor which is ahoat regarding
the delinquent. Not very long ago, he is
represented as having called upon respecta-
BILE procurator in town and pretended that u
Mrs. Marshall, who was possessed of consid-
erable property, had in her will appointed
him faction on the estate and asked the
writer to make him out formal deed en-
powering him to act as factor. The will was
shown TO the lawyer at his request and he
| prepared the necessary document, which was
taken away by Mr.. Monteath and returned
duly signed and attested.
| The writer was then instructed TO proceed
| to London to see parties connected with the
property, and effect certain arrangements
with them. To the metropolis he accordingly
repaired, but returned, unable to find the par
ties to whom he had been sent. Further in
formation having been communicated TO him
regarding their whereabouts, he again pro
ceeded on wild goose chase" to London
but was equally unsuccessful in discovering
the individuals with whom he was to nego
tiate. He came back the second time Il
Glasgow with his purse considerably lighter
than before he left it. During his absenc,
Mr.. Monteath called ON the manager of on,
of the banks in town and told him the sam,
story about the property and the will, adding
that he required the sum of f500 ready cash
TO enable him to make preliminary arrange
ments before any thing was realized from th'
estate. s'r .. n. VI, ll3
The will and deed were shown to tn,
banker, who agreed to advance the necessary
sum upon receiving from the broker
promissory note for the amount This wa
granted at once, and the money placed a
Mr.. Monteath's credit. Only a few day
elapsed before the whole sum was drawn, anC
an additional amount of f445. The banker
then sent for Mr.. Monteath, and said, that il
consequence of the large amount drawn h
would require to see an account of his intro
missions with the estate. A document wa
promptly produced, purporting to be the &C
count required, and books and vouchers wer
also exhibited. The banker expressed him
self satisfied, but requested Mr.. Monteath t
reduce the balance as quick as possible, whic
he promised would be done in the course G
few days. 1t has been discovered since hi
flight, however, that the will and the sigma
lures at the deed were forgeries, representing
persons who had no existence, but were a
mythical as those whom the writer referre
to was sent TO London in search of.
The defaulter is reported to have calle
upon a jeweler in Buchanan-street and re
quested TO see pair of diamond earrings
which he intended to present to lady. 4
pair were shown, which he declared wer
not fine enough, and accordingly a muc
more expensive description were produced
On pretense of giving the lady her choice, h
managed TO get both sets into his possession
and never returned or paid for either. Variou
other stories have been circulated in tow
regarding the proceedings of the fugitiv,
We have heard Of certain funds belonging
building society, and also to religion
! society, which have disappeared, and also I
an unfortunate woman, whom he had i
keeping, and whom he has swindled.