The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-11-07
TIE BIER BITTEN.
The Result of Purchasing Bonds for Less
Than Their Negotiable Value

The Result of Purchasing Bonds for Less
THAN Their Negotiable value
An officer OF the Eighteenth precinct yesterday
afternoon arraignea young man, rashionably at.
tired, named l.. A. Stevens O. A. Stephens as the
occasion requires, before Justice Ledwth at Jerer-
son Market upon complaint OF C. C. D de,ss~-sss'rp
at No AZ +Cheever place. Brooklyn, and Gg1. ssa
ness at No $40 Fourth avenue.
prisoner was charged with defraudihg .ft.
$500 on the goth OF October last under the 4
circumstances:-Mr. Belsil states that on etsCt
laslmonth tue prisoner came to him at Il sh sis
House, they having some previous acquaintance, and
stated he had ri 600 ve-twenty United States bond,
OF tue Of 1862 which he was DESTROYS fdsposng
OF for 81 go, he want OF funds, ana would
leave the bond, which he exhibited, with him until
the following day, so that he might consult experts
and ascertain whether II was genuine or not, and
meet him at the hotel and receive the money for 1t,
should everything De satisfactory. MIR. Bedell took
the bond to the Bull's Head Bank and was informed
tAat IL WAS genuine, anu accordingly met MS
friend Stevens at the hotel per agreement.
and Informed INN he could not purchase toe bond
that day, Us he only had 500 In available funds
about him. but would meet aim on the following day
aud pay him the WnU.e amount stevens, in reply
10 THIS stated IL would Dot make any difference Tor
few days about the balance $500; that he would
take the $I00 then, ana the balance when ne was
disposed TO pay It, at the same time reqJie@ri
TO make out oil OF sale. The bond wnicn was In
newspaper, and Bcceil alleges that while he was
making out the bill of Stevens removed the
genuine bond ana substituted spurious one In Its
place, which TACT he did not discover until he had
LETT Tie hotel with the money.
All Efforts TO ana MN were fruitlesS until ye5ter-
day morning sir pedell accidentally met him In the
street, and handed him over to the custody OF
oiicer rripp, OF tine Eighteenth precinct.
on the 1Tth of September last Colonel Henry De
Alma also resident oil Brooklyn, doing business
ut l22 Water street, appeared before Justice Dodge
and made aIdayit on WHICH warrant was issued
aud placed in tie hands OF oiticer Brennan, OF
the court squad that one stevens supposed to be
the same parity met him at tue Ashland House
on the 18th OF september, and stated he had Ave-
twenty sl,G03 unea States bond which he would
dispose OF FOR 5000. The difference was great In
ducement for Inc Colonel to deal, and meeting
appointed on the following day at certain place
Broadway, where stevens should present his bond
nicely sealed mp in On envelope ana exchange 1t for
the pile OF greenbacks OF the Cooneis, which were
to be done Wy IN similar manner The parties
met, exchanged packages and upon the Colonel
retiring to some secret place, where 10
was safe TO examine his purchase, he broke
the seal, and in lieu OF 81 900 bond found $500
bond on the county OF Lyons, Iowa. the same as
that substituted in the case OF Mr.. Bedel, ana
which was not worth the paper II was printed on.
Colonel De Alma, since making the complaint, mas
gone 70 Europe, and was consequently unable 10
appear aI court yesterday and state whether the
prisoner WAS the same party who mad victlmlzed
him, although 1t Is presumed he is. He denied the
charge made against him, but gave bonds III the
sum or $1,000 10 answer ab the General Sessions,
Robert II. Libby, OF NO. 81 IRVING place. becoming
me InNll