Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1868-03-14
SOCIETY," EICTlnIzED.
A New YORK Bank Defaulter Settled
amOng the Detroit Ton.
From The Detroit rrIbune.l


A few months since a man and his
wife, giving their names as Durand,
came to Detroit, and being to all ep-
pearances wealthy, and possessed of q
peculiar agreableness, were not slow
in making themselves knovn. They
became well acquainted with the elite of
Detroit, aud finally lncluded to reside
here permanently. Mr.. Durand was
looked upon as a retired merchant,
and gentleman who would Just as
soon live in Detroit as anywhere else,
His lady was well liked, and won MANY
friends here. In fact, they were both
much thought of. In January last
Durand purchased DR.. Llthreb's resi-
dence on Fort street, west, paying for
the house aud lot s., 500, and for the
furniture s., 900, all in cash.
The Durands then moved into the
place, and what its interior lacked In
ornamentatlon or luxnries they sup.
piled. they purchased an elegant
collection OF oil paintings, a splendid
carriage and horses, and lad their
house supplied, IN fact. with every
thing, including an array of servants,
that was found necessary or convent
ent. They made extensive purchases,
always paying for everything in cash,
and were welcome visitors to the
largest grocery and dry goods dealers
IN the city. So far, so good.
Several months since one James I'll.
Leverich, cashier OF a bank in New
York city, became defaulter to that
institution ia an amount verging upon
$400, 900. The reader just here will
naturally ask what has a defaulting
cashier of a New York bank to do with
Durand, one of the Fort street ton?
The sequel furnishes the answer. As
soon as the detalcation become known,
the telegraph flashed the intelligence
all over the country, and for a time the
same James IL. Lsverich was in the
mouth of everybody. Simultaneously
with the announcement of the defalca-
ton came a statement that the defaul-
ter had gone to Europe, and subse-
quently 1t was said that he had taken
up residence III South America.
The detectives were, for the time be-
ing, thrown off the scent, and it is be-
lIeved they took a peep into Europe
and South America for James Ii. Lev
ericG. They did not find him there,
and concluded to try America while.
They tried America, aud found in De-
troit one Jas. FL. Durand, living at 225
Fort street. who closely resembled
James III. Levericb, tile defaulter. No
arrest WAS made, however, and the two
detectives returned to New York to re-
port their discovery. In the mean
time. Mr.. Durand made arrangements
10 visit Europe, and engaged passage
tbither for himself and wife. He en-
gagged competent person as house
keeper to take Gale of the premises No.
225 Fort street, and went to New York
to take tho European steamer. In
stead, however, of getting on board
the steamer, he was arrested and at
once identified as James FL. Leverich.
He is now IL custody there. An effort
is being made to compromise the pc
cuniary difficulty in which the prisoner
became involved, and Mr.. Leverich,
alias Durand, has surrendered into the
hands of one of the officers of the bank
Percy r Pyne--all the property he
owned In Detroit, including The insur-
ance on the premises, and it has been
placed In the hands of w. 2. Rathbone
for sale