Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1862-07-10
Our New York Corre.pendence-Th
Sfoyer Fraud.

NKw YoRK, June 81. 1862.
Ma EDITOR: The matter of the Indiana bond
frauds has eliminated IN the indictment OF ID. G.
Slower, late State Agent, and OF Samuel Hallett,
banker, of this city. The statute upon which .he
indictment rests. il as follows:
Every psrson who, with intent TO defraud,
shall falsely make, alter. forge or counterfeit ans
instrument or writing, being or purporting to be
the act of another, by which any pecuniary de
mand or obligation shall be or shall puport 10
be created. increased. discharged or diminished.
or by which any rights or property whatever shall
be or purport 10 be transferred, conveyed, di-
minished, or in any way affected by which false
Masking. forging. altering or countesfeiting, any
person may be affected, bound. or in any manner
injured in mis- person or property, upon convic-
ftion thereof shall be adjudged guilty OF forgery
in the third degree"
The punishment therefor, on conviction, will
be Imprisonment in the State prison for a term
not exceeding five years.
The effort to obtain indictments against the
State officers of Indiana will not succeed. / re-
fer to those officers who entered into, or acques-
ced in, an arrangement with the parties response
bic for the illegally executed bonds. whereby the
bonds we're TO be treated. at the State Agency, so
far the public could see. as genuine stocks are
treated. The arrangement is said TO have been
substantially as follows: III holder Of an illegal
Agency, it should be received, and an announce
ment made to the holder OF its actual character.
He should be told again to call for the new certi-
ficate, which should be then ready for him in his
own name.
Notice would then be given to the parties re-
sponsible for the issue and redemption of these
bonds, and they would furnish to the Agency a
genuine Indiana bond and destroy the Illegal one
new and genuine certificate would issue then
from the Agency to the party who had surren-
dered the illegal one, for transfer.
Ii is stated that bv this arrangement, n uerg
/ large number of these bonds was retired and DIES
troyed. Some of the holders of the illegal bonds
now insist that by the arrangement and conceal.
ment above stated, the State of Indiana recog-
nzed the bonds and is liable for them. They
also insist that the Indiana officials who knew the
facts and connived at the concealment, under the
arrangement, are liable to indictment here, under
the New York statute against conspiring to com
NIT an offense; to delraud any person, &c.
The reply to that is, that the Indiana officer;
had no criminal intent in doing as they did, bu
the opposite. All appropriated persons here &C
quit them of any wrong motive
Their course, however, may furnish defense
to the parties indicted that the bonds having
been recognized by the State, are legal nstru
ments.
No doubt the whole matter will be fully nves
tigated at the trial. which will take place in Dc
tober next. Mr.. Hallett has given bail, and Mr.
Slower will do so, it is said The amount re
quired is small according to the statement in tn.
Express, only $4,000 The attorneys engaged
are Charles O'Connor, James L Brady, John +
Burrill, Algernon s Sullivan, and one or tw,
others whose names have not heard
WABASH