The New York herald., 1870-01-21
NEW YORK HERALD FR4DAY JANUARY a. ls7oTRPLE SHEET
HEAya,zessERszs IN .sLEvELASD.
4 Proniseut Cltiscn .Implicased la Uttering
gErapdplensi Raper 20 the Amount Of Twenty
Five ThoNs4pd Dollars.


Five Thspsapd Dollars.
lFrom the Cleveland (0hio) Herald, Jan. l0.l
Aaaln the Dusiness public stands agnast ct deve-
Msaes
and OF late an extensive real estate operator, the
owner or PARK building on the square Of large
block on Michigan street. and OF other valuable pro.
perty; entrusted with Mr. II. b. Payne, IN the
business oI settlement OF the Hilllard estale hon
Cred With the confidence and respect or his party
democrallc--in many Ways and regarded In general
as man OF worth and Integrity. His manners were
caicassed TO make % for aim favorable IMPRESSION pre-
with all classes OF citizens. Now all this Iar struc-
tSre o. good reputation gone ana the recipient q
fugitive from justice though doubtless befOre TINS
reacn the reader's eye he VIII have neen arrested.
f Monday AFTERNOON q note signed Dy II. T. Wallace.
Tltn name 0i II. b. Payne endorsed thereon, paya.
bic at the Ohio National Bank was presented for
lne holder aud protested. Tho protest brought tho
knowledge home to Mr.. Payne, who knew nothing or
any sqcn note, and Inquiries rspdly made developed
Late II the day John Q. Grannis. agent ana
st attorney ior Mr. Della Z. HHliard, commenced Q
lacefor 90, o0o aud procured order OF arrest The
petition and anidavit charge The appropriation or
applied on nole and mortgage which he held.
The order was issued ana Mr.. Wallace was arrested
dren-No. 06 fr0spect, early IN the evening. He re-
quested 70 be released, and promised that he would
De down town IN the morning, but MIR. Graiinis
subsequently Mr.. Griawold, acting as friend for
Mr.. Grapnis now absorbed In matters relating TO the
funeral Of Mr. Sentcr, hls brotaerin-law, gave per-
Deputy sherin John McGratn was leit IN charge
visited INN and he seemed mucn depressed and once
fainted. He retlred TO his bed late hour In bed
opening into the front paror ON the second noor
The officer remained In Ine parI0r. At four O'Clock
Tuesday morning ne arose and SAT down TO write
letters Ut desk in his bedroom, and continued 10
do SO as late ~ six O'Clock when the 0nicer, who
was sitting IN rocking chair, icil asleep, and did
not awake for ffteen minutes, as he says. In the
from the wall ana opening doors door against which i
was placed, slipped into the hall and made his way
arrived at ffty.five minutes past six O'clock, and
took the train ut quarter past TOR New YORK,
having purchased . through ticket. No word having
reached the depot, no suspicion was entertained Dy
any one and oI course no obstacle was placed 10 his
The amounts obtained by his forgeries are now
known to amount to $24, 6U0, with doubtless many
notes yet TO come IN In every instance the forgery
Is known tnat he has been forging this name for
over year, but has always taken care OF the paper
Mr.. wallace as we have said, was connected with
Mr. Payne IN the settlement OF the Hnlard estate,
and tnar fact and the further one tnat II KNOWN
Mr.. Payne had much confidence IN him gave credit
to the frequent use or Mr. Paynes name. One OF the
losing parties has loaned MIN probably $4,000 at
various times during the last or two years upon
these forged endorsements, and never for o moment
had any suspicion as to the signature. The imlta-
TIC ton Is admirable, ana IN one instance was examined
nature anu compared with the genuine cheeks and
pronounced genuine. THIS comparison was made
some months ago by party to whom request had
been made for . loan and who not knowing Mr.
Payne's writing being very cautious, tooK 1t TO
seyeIal persons and finally 10 the cashier named.
All were sure II was genuine. Mr.. Payne himself
says that 1t might have passed his eye In any ordn-
airy trapsacti0n without exciLlng doubt.
1t has been known for year or TWO BY many that
he was "nard up, was continually getting the rent
due him anticipated and having notes discounted;
but 1t was also known that he held valuable prop
ery, and, being regarded an honest man, nothing
was seriously thought Of It, 1t now turns out that
he has been forging Mr.. Payne's name continually
Tor at least year, and probably longer, as endorser
but has been 80 careful TO meet the paper by pay
menr or renewal that not the least suspicion arose.
and no tntmatl0n came 10 Mr. Paynes ear TIL Mon
day afternoon, when for some reason not yet cx-
Dlalned, the guilty man seems to have become for
getful TO have concluded to let things take their
own course. few days ago ne sold his Park build
Ing for $33 900 to Henry WICK the latter assuming
mortgage Of some 81 900 or So, co., We understand
that atter releasing the other mortgages upon 1t he
realized some 600 In money. lie said to the gen.
tlenen however, who called on him IN the evening,
that he had nothing, that everything was gone.
t''f LATER. t' y = x 'tf
Mr. Wallace was arrested at Meadvllle on Tuesday
forenoon by an officer Of that Pace on telegram
from Sherln Frazee. - 8f