The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-31
the MuMFoRD CASE IN COURT.
GOLD OPERATIONS IN WALL STREET.
Official Management Of the Me-
chanics' Bank.
The Case Dismissed and MumfOrd
Discharged.

Yesterday morning the case of Peter r. Mumford q
Wall street gold OPERATOR who lately arrested
charges of forgery and obtaining twenty Thousand dol
lars by Of alleged false pretences from the house
of Greenlea Norris Co., brought up for examina-
ton before Justice Bowling at the rombs The accused
is well known as nancier in Wall street. and the par
ticulars of the which he obtained twenty thou
sand dollars gold from the banking house in question,
giving in exchange therefor check for twenty eight
thousand dollars the Mechanics Bank have all been
made public There considerable interest manifested
in the proceedings the attendance being large and CON-
posed of class often met (bu certainly lately more
frequently than in the pasp within the precincts OF the
Tombs
APPEARANCE OF THE PRISONER.
The accused, who sat near his counsel bore evident
traces of the Of imprisonment upon him. He rarely
lifted his eyes, and sat quiet and silent during the
animation. Justice Bowling having taken his seat
THE PROSECUTION WAS ABANDONED.
Mr. Miken, for the prosecution, SAID that he found,
among other things, that on the Saturday when tho
checks were drawn from the bank a large sum had
been deposited therein He felt it due to the Court to
make that statement He was unable to find any testi
evidence large amount Of money had been deposited
with the bank the day the check was presented for
payment, and he would like his Honor to understand
that there is further testimony except such as merely
corroborated what had already been adduced The de-
posts which had been made afterwards in the bank
might not affect the moral aspect of the case but it
would affect it legally. He was bound TO say that he
Laht t,,n rrosocution co,d NOT noec,hv ha
Justice Dowlng-Then am to understand that you
rntna H. ey,;donco r. tho nctrict Attorney ebond
hl there ;s NOT sufficient cvidenee ~ warrant convic
tina r MI, dacIo tha caSa occnrJ;nG,v
Al, pod,non thon rosa Tor Tho dnfrnce po eaid tho
,,ooo , inrolvod NJ MumforIis charac,er His
1s Lost nv his fanro md he NOW relied IN hs
borsc.cr No RECOGNIZED the franness of the counsel
IN Tho ether side in admitinv that tho nroseauton could
Un t h ,I No ra hd ; ,I bsu vcteS in
this 81 under the circumstances which had been dis
cssT ~ ,hs m@bt he inflicted for ob
tanning money where he had no account, but
could be indicted Tor presenting check ON BANK where
he kept account even though tic had no deposits TO
his credit when the cheek was presented me testi
mony OF Mr. Greenleaf showed that MT Mdihioru kepe
an account in the Mechanics BANK Inc case was that
he gave check 10 reeneni, norris q 70 W'h was DOT
good we proved tha $io3 OOo had Deen oePositeu III
delivered Would thief do that thief would
not deposit checK alter ne had oD'a heo an amount
from q DanE 10 cover IT, III aouitlon 10 tns mr'
Mumford had for two years Kept an account In the Nc
cianics Bank and had good credit tnere we can also
prove and can say and say II on the honor OF coun-
sci 10 the Court tnat II nau peen the D OF the paN
often TO certify checks OF MI hiuord when teFc were
no deposits at inc iine 10 meet thcm. we can ESQ
prove tlat on the iztn Oh august e o,y on Mhiou MT
Mniord is charged with his offence he had deposited 10
the amount OF twenty-eght Thousand dogers N ING
bank; be had made deposits a!e The checks had been
presented but ne had reason 70 rely on the crcu ne
sufficient to sustain him. That was the way IN when
brokers managed their business at the various banks
Sometimes a broker would come to bank anl obata
hundred thousand dollars on promise toret.rn the
tioe oS ON ia nine cases ot ~
picvioua S.pos.,, la T.; hro 10 hour nrceS on
' is, no,l;na Have vnu anv Wines 10 sRow that
Tho ,r;so had sncj, n nr;yyieue nj the bank
inc prisoner naa suc pr,vesc q. ,e h ror,rs
would hn hctier 10 wait ma his Honor had jntmated his
;nIant;or ~ cvamnc The evidence in the mean,ime