The New York herald., 1870-03-22
ALLEGED BOLD SWINDLING.
twenty-five Thousand Dollars Involved
Escape Of the Perpetrators
whiskey and Cigar Firms Brought to Grief
Sheriff. and Detectives to the Rescue

Il being rumored that series OF bold and bare
laced swlndies had been perpetraled by nrm up
town, we at once detailed our reporter to the To-
catiy in question: who obtained the following a.
the result OF his nvestigationlt appears that for
the past Ave years or more cigar and liquor saloon
has been In progress at NO. 65 sixth avenue. ana
up to within two or three months was conducted By
two brothers, named james and Henry Jeites-
When the dissolution OF copartnership took place
Henry withdrew, leaving the establishment IN
charge OF James. Shortly afterwards Henry pur-
chased place OF similar character In Bleeokor
street. near Broadway. ana associated with him
person named II. c. Lawrence
In the month OF December, James being desir0us
OF making splurge II possible insti new life into
the business ana at the same time establish .
credit, as the sequel win show, lavished
what little money he had In the art
or beautiful frescoeing, elaborate chandeliers.
new counters ana shelving, mirrors upholstery
together with ali the modern improvements appsr-
tanning to q fashionable and irst class cigar store
and drinking saloon. Thus the interior was suddenly
TRANSFORMED and aperfcct gem Of q place was the
result. The exterior OF the building was mot
neglected by any means. Expensive signs, runaing
the fu length or the building, IN bold, unmist&k-
able letters, told to the passer BY the importance Of
the dealer and the style OF his goods Every.
thing went on lovely, the arduous task o.
,edstng RED was completed ana James s Win smile On
eager tor business. Only short time had elapsed
after the completion OF the transformation when tho
mechanics commenced to present their respective
claims. little strategy was first noticed by them
on tho part OF the luxurious cigar man; for when
James was solicited for the Essential" he COM
planned OF q shorness IN funds and was sorry, how.
ever Dut would give short notes Tor the payment OF
s sanG aau ~ nares VINO wnn1
the paper" The mechanics wanted their money,
and seeing tnat they s. were m the oas Gen con:
the notes. Notes were given and OF they started 70
1.-The woud-be dscounter and to their sorrow learned
they came to James lwho knew he was secure
against prosecution as ne had their re;
S o sRa s ss%s @ 81 o5srss ns ps
ture OF injured innocence was panied to learn
that the discounter had no faith IN his pa
do in few DAYS. Days passed on
then weeks trade appeared TO look up; goods rolled
barrels OF liquor were arriving and. to make long
story short everything looked fourishng. The me-
cbanics during the time became clamorous for their
pressed James, and he In response sent them to
another party, who he thought would discount the
notes. This time they were successful, after liberal
reduction from the face Of the notes, which redao
ton or course was clear gain to the shrewd James.
M pSssps Re IN WeS @ coad not
give long note he gave short ones, and by sys-
tenn OF backing ana filing he managed to keep his
head above water until the 10th inst, when he sud.
denly "turned up missing" having first, however,
transferred what left OF his stock and the good
W
broker, Of Broadway.
Two days prior 10 this eale Henry sold out his
place on Bleecker street at great sacrlce and his
old associate, II. q. Lawrence, has also taken his
departure for parts unknown, and he has since
been found TO be deeply IN debt having. with !amos
Jeities, issued checks on the Stuyvesant and East
River banks dated ahead. ana given numerous notes
for one week aud upward IN payment for largo
amounts OF goods which goods II Is alleged, were
stored IN cellar on sixth avenue, away from their
stores and from there shipped out Of town. The
establishment No. 55 sixth avenue Is now In tho
uds Of 10 mr.
creditors, whose losses are estimated at $25, 900.
Warrants have been issued for the abscondinR par
ties and 1t rs said that the Sheriff. together with
superintendent Warrins detectives OF No. 72 Broad
way, would be pleased to meet the gentlemen. The
swinde has caused much talk IN mercantile circles.
and 1t 10 hoped that the fugtives will be captured
and proupnt To luslce.