New-York tribune., 1869-05-27
ANOTHER HEAVY DERALCATTON.
A wALL-ST. YIRM ABscoNDs WITH S7O,O@
WaIl-at. has received another sensation in the

Wallet. has received another sensation In the
shape Of defautng business but such things nave
ceased TO be novelty and therefore the little stir they
cause ia soon forgotten except by the victims OF the
detaulters The Messrs Scott Munsen have been en-
gagged In the storage business for a little over
a wear during which time they had acquired
the confidence Of many Of tho most proml-
nent business men. They occupied six stores
on the north pier OF the Atlantic Docks, Brooklyn
and had their office at No 81 Wallst. During the last
two months they have had unusual large quantity OF
grain in store most of 1t the property Of grain merchants
- this ov ast week the frm sold large quantity of
grain and also delivered very large quantity which
consisted In part OF the gram owned Dy otner pSSot
who had sold it, 1t is now supposed that the
Several OF the merchants who owned gram on storage
had effected loans on through tns ueI
and Indemnity Company When the agents OF
these COMPANIES visited the stores TO inspect
theso the Grain thew were shown grain that was
said to belong 10 the merchants efecting the loans
whether this was matters not as every busel
has peen sold by the dishonest firm, and the proceeds
GONE no one knows where. The abovenalned companies
do not lose anything by tho defacaon as 6nev I age are
vances The loss In these particular instances Is anout
10000 Several merchants, however nave Ost eohsueI
eby by the dishonesty Of the abscondng parties but no
details Of their losses be asceraned as ey posi-
tiveiy refuse 10 make it known. The heaviest loser Is
Mr. Van Nostrand the well lknown cOnfectoner Ih5
gentleman was formerly partner Win luS Nlessis.
Scott G Munsen had the most implicit confidence in
them He states that he formed a cOpartnership
with them in order 20 establish a good business
for his brothernlaw, who then under age Shortly
after the copartnershp formed the brotherln-law
died and Mr. Van NostTand having every confidence in
the integrity and honesty OF Scott IIunsen left with
them the 1000 he had put into the business capital
lie also made himself responsible for the rent Of the
stores and in every way helped the firm become esab
shed on solid basis. The sequel shows their base in
gratitude him and others who placed confidence IN
them intelligence of the whereabouts OF either Scott
or Munsen has yet been obtained Mr. Van Nostand has
obtained warrant for their arrest, but has taken no
active steps effect their capture lie states that before
he engages detectives 20 hunt them up he w II pos
sbe ascertain whether they have the money with them
or not as thinks he has lost enough money already
without going 10 any further expense, unless
there is a possibility Of his getting back some
of that of which he has been defauded They both
seen on the street saturday and II is thought that they
left by a late tram Saturday night nothing has
been seen OF them that day Both young men
and OF unbemished reputation previous to the dealca.
ton Scott is married man and was formerly for many
wears a clerk with the Messrs. Llmbecr, Pinto Co.,
storage merchants, Atlantic Dock Munsen is unmar-
rled and clerk for many years at the Atlantic
Docks with Mr. Greeulea Ii is believed that they were
tempted TO engage the fraudulent sale Of grain IN con
sequence OF having made lately several unfortunate