The New York herald., 1871-02-09
ANOTHER HUNDRED THOUSAND DOLLAR
EhcE.

A yenns Druggist Of philadelphia Victimizes
Fifteen Philadelphia Banks-Forscd Paper
ON tbe Market-A Victim OF stock Gemh-
ling.
PHILADELPHIA, Feb. s, 1871.
The sensation attendant on the Kensngton Bank
robbery has not subsded ere financial circles OF
Philadelphia receive another shock. The forger
stood high socially, and had no other cause induce
him to commit the rash deed than stock gambling,
ana the rock that has wrecked SO many others did
not spare him.
TRYoN RHAKIRr,
young man, a member or the firm OF John Reakirt
II Son and Janney, Reakirt 4 Co., Wholesale drug
gIsys, Of Third and Callowhill streets, pre-
senled note OF 81 ,O00 purLortng to be from the
firm of Russell Lands, wholesale druggists, for
discount at The Bank of North America about
week since. He handed the note TO one OF the
clerks and said he would call for the money
few minutes. In looking over the
note the cash.e er noticed that the date
was 1870, instead Of 1871, it should be.
without for q moment thinking there was anything
wrong he sent 1t to Mr.. Reasirt's place of business,
bnt Reakirt ''was not in.n Suspicion was then
aroused, ana the note was sent to Russell 4 Lands.
No member OF the firm was in at the time. and the
bookkeeper proceeded TO the residence OF Mr. David
q. Lands and informed him that note for 5000
had been sent from the Bank OF North America in
consequence OF discrepancy in the date, and
l Us III.
Lands soon ascertaned that the frn had no such
note out An examination however, revealed that
the note m was se ~. OF me oookkeepers
cXcellently forged.
AS THE BANK HAD NOT PAID
ANYTHING on the Dote IL was determined TO hush the
matter up. out Of sympathy for young Reakrt's
father and family 1t Settled but certain facts
leaked out which led to an examination by other
banks OF some Of the notes presented by Reakirt,
aud the astounding discovery was made that
A "a
of forged notes on Russell ~ Lands had been ne
gotlated by Reakirt and loans made thereon by the
Grard National, $s 900; the Tradesnlens National,
81 300; the Commercial National, 81, ,g00 the Peoples
Bank, $1,000. ana so the ''old thing kept workng'
until added discoveries fixed the whole amount at
over
ONE HUNDRED ASD TWENTY THOUSAND DOLLARS.
1t was not known until yesterday that the amount
had reached the above figure, and even now It Is
rumored that some notes have been negotiated at
New York by false representations on the part of
young Reakirt. II 90, the amount Will be still
greater.
has been passion with Reakirt for some months.
lie has been deaiing principally in Reading The
sensation attendant on sudden collapse in these
securities few weeks ago is now beloved to have
brokers, and at thc same time an immense amount
OF that stock was purchased by these brokers. 1t
has gone sim lower since that through the Inuence
OF coal strikes. and ReakIrt has lost heavily.
HIS FATHER HAS ALREADY PAID
about forty thousand dollars as settlement OF
some OF the forged notes. anu offers TO surrender
his private estate which, it Is believed Will bring
about seventy-ive per cent OF the amount involved
In the forgeries. Young Reaklrt owned a lead
works at Wilmington, Del, but they would not
bring more than five or six thousand dollars. Some
Of the banks have expressed willingness to settle
for return OF the money while TWO OF
the number victimized have expressed 4
determination TO prosecute Reakrt to che full extent
Of the law.
He was seen on the street yesterday, but cannot
be .ound to-day. Chief Kelso, OF New York. Is on
tves are on the alert here 1t is believed that he
cannot possibly escape. Your correspondent
INTERVIEWED RRAKIRr'S COUNSEL
this morning. That gentleman expresses himself
much surprised that Reakirt did not call on him
as soon as he was discovered. He said, 81
do not regard Reakirt so much knave
as fool. l have often noticed tnat he acted
eccentrically; believe he is insane.'' 1t may be
questioned by some whether is rather early In
the day TO put in plea Of insanity II generally
customary TO wait until man is arragned for trial.
Some men are fortunate to possess very jealous
counsel. Mr.. Reakirt may one of those men. The
forgery Is being discussed at all the banks and Clubs
and Police Hea quarters Ii thronged by anxious re-
poytefs after tDe latest phase Of the great forgery.