The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-02-02
-NEW YORK FRAUDS.
Disappearance of SI2s 900 in PacIle
Railroad Bonds - How they Slipped
AWAY,

Disappearance of Sies 900 i'm PacIle
Railroad Bonds - HOW they Slipped
Away.
That region OF financial excitement Wall
street, New York, was agi ated yesterday, some
what mildly 1T Is true by the disappearance
from the scenes and the people that knew them
OF three or four men who are described as
"street brokers'" lne explanation OF their
disappearal ce may not have caused any serious
augmentation OF the agitation, when IL be-
came known that they had been arrested by
Detectives McDougai and Young, OF the Police
Headquarters: but the tact that Sl2l, 600
III Union Pacific Bai-oad first mortgage
bonds had passed into hands ct parties said 10
have obtained them by fraud, caused some
curiosity to ascertain the process. To crafty
this emotion it was necessary to go to the
Tombs Police Court, where four individuals
were arraignei before Justice Dowlng. Their
names are Frederick A. GoOdali, Wesley Lynn,
Simon Wolff, and James Wilkinson, alias
"Whisky jim" The affidavit OF an a1ditor of
the Union Pacific Railroad Company gives
pretty clear account OF the alleged fraud. 1t Is
as follows -
that apOut The 10Th OF Decemoee less, Frederick a.
GModall came TO deponent, VINO is the auoI la the
him ihat he HGoodall knew OF resnonsioe parties
the9 loan TT the use Of the said railroad company
70 the amount OF me- two crthree hundred thousand
net otiate loans behalf Of said compsny and
one na of ops nar cent, ON 13e snoDnt of ni nu
money hs should lrScpre as loan to The said CON
/
again into the office, bringing man whom he Ia
duced as Wesley lynn, whom he (GoOdau) said was
the agent and attorney OF the peIson who would
the OF 100000 the first mortgage bonds Of the
company as security, and that GoodRll and IVnu
stated that the name OF this Simon WOld
whom they deS cribed as man ef grea wealth aud a
Goodall came 10 the Office of the company ana
slated that tDey were ready TO make the loan.
Deen dapt believing the statement 10 be Lrue
COCO isirh caused sa4 COO wcTth ofths st moStsage
bond to be tRk en- by messenger Henry ~ ndelI,
TO ot1ce In No. SO Nassau sire eeI, where Lndell
delivered the bonds to Lynn from whom hs received
Two Iapers-one receipt for the bJuds. ana the
other certificate OF deposit OF the sum of S95 s8 s9i
rencS pay able to the order OF Simon Wolf wuich
papers were brought to deponent that tn certificate
I paDy in the Fourth National Bank. DeponeIt
| fnTIher that the PgreemeBL Desween nim
| and GoooRl and Lynn was that deponent was
TO give Goodall one-bal OF one per cent. eommis.
| money paid To be loaned to the com ANY, who
was t0 give W III promissOry note of the C0mpany
for sl0OCOO aud sl20O0O ofthe frat mortgage bonds
or th company, the collateral hecDEty or the pay
ment OF said note That the company, through depo.
Dent pefiormed all 'hs conditions II the Contract but
1 that GoOdall, Lynn. and Wolff instead of keeping
agreed to do 10 be delivered 10 the cDDpAny at the
maturity of the note without the consent OF oom
pRny, sold the bonds on the same day that they
| ceived them At less than the market thereof
and appropriated the proceeds to their own uss and
benefit. That uepOneat has since certalneJ and
believes that the representations made r6IRJivs
WolH by 0oouall and Lynn are untrue In every
ucular and they knew them 10 be islae when utter.
ing them.
When arraigned an application was made to
be admitted to bail. Justice DoWlng SAID be
would grant no such aDplicat. on until the close
| of the examination, VIII ch is set down for one
O'Clock to-day in the Court Of General Sessions.