New-York tribune., 1869-02-25
nnAMArIc NOTES.
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4 c1ifRi0tS S1SE. 3

wALL-ST BROKER ARRESTED ON SERIOUS
CHARGE - PRECIPITATION We. CRIME-EP'
FORTS FOR HIS DISCHARGE.
In August last, $4,000 in United States i've
twenty stolen from the Office Of the star fe
Insurance Company at No. 90 Broadway. These bonds
are negotiable securities and pass from hand TO hard
with the ease and facility OF "greenbacks" Hotraee d
the stolen property could be obtained until recently
when It discovered that Edwin X. Lee reputable
gentleman, and member OF the Open Board OF Brokers.
had sold of them 70 Fisk & Hatch, and White Nor
ris & Co. To each OF these firms he had sold four
bonds, all Of them being OF the denomination OF $780, Dut
these transactions in October last and Mr Leonard
d. White OF tho firm OF Morris White Co.. testIhedtlat
although his house had purchased the bonds they hal
sold again TO customer, and he had further
knowledge Of them except what he obtained from tho
register. No clue 10 the whereabouts OF the remain
ing bonds amounting to 5000, has been obtained and
Mr. Nicholas Miller, the President OF the star rsur.
ance Company said yesterday th: it Is only within
day or two that he has mad leisure 10 inquire intohe
matter at ALL without considering that weeks had inter
vened between the time that tho bonds were stolen sud
their negotiation by Mr. Lee, and that months
have passed away, Lee was at once arrested
and fully committed in default Of bail In SO00
for his appearance trial The facts OF the case as
elected at the examination Saturday, were reported
In THE TRIBUNE, ard have caused considerable feeling
among the brokers in Wallst., as showing headons
and reckless imprisonment OF man with character
hitherto unimpeachable, serious charge, that mc
do him great injury, II he should net be proved
guilty OF the ofeDse SO intense has been the Interest
manifested n this matter that the arrest Of Mr. Lee has
elected letters from some OF the leading men in the
Board, asking why he should be held for doing whai
Fisk & Hatch. and Morris. White Co. had
done ps well as he, With nuch aPpa
rent criminal intent and asserting that II arrests
OF this needless character to be sanctioned men NAY
be picked up street every Gay for pursuing res
lar business In regular way. supposng that Mr Leeh
guilty OF the Ocnse charged against him. and negotad
the bonds which he or his confederate Rad stolen lie
neither showed haste TO "reazc on his crime, nor any
disposition away II there Is any case against bin
It might have been quietly worked mp, and he aTcs'
could have been made next week readily as last vetS
But no. he Ia arrested once aud the President OF mo
Star Insurance Company works away eutV
at his desk, and with the knowl"lge 'SA'
another man, with character as unblcmsp' y
his own IS in prison ut his instance according to ms w
words makes no immediate effort to discover N"'
there is any other ground for the charge cxe'p' u
founded on ordinary business trarsariiors c"nd"o'e"
the ordinary way Tho amount Of BAN hked ior tNo "P
nearanee OF Mr. Lee Is very hgh-inueh hisno, '
s,ber be or his friends could give upon the Au y, ply
erty that the law rcquires--and nc h's s'''e' % 80,
romhs After he had been committed pJ JuuHo Do"".s
ns counsel moved for wit OF hlbeas corpus "uu IN
,,ors,t before Judge BsmarI, in the Court oil
over and Tcrmiuer There was an lhiOtih'l ."
,nment OF the case YesttIdly at the ONCE oi
district Attorney Garyn, ard sOno action In the na''
is expected to-day II The prisoner IS neither dehA,sa
nor the proceedings dismissed, m ef'rs is 70 De n@s
have tho amount Of the ban reduced. Ihe Gaze - IN
curious one involving the Punishment OF 'a n'S On Wv
one hand and the rights II sasyee en l%iss % % q ,he
,sar. hut precpitatiou In fnnhlE Ge thAI. - ,ns
,.at feature I'm the transaction, arr one n nv ms
experence OF tho Police in the arrest Q, , % neither
should have becn nseiul III l.s'e"'ins "'"''
necessary nor timely.