The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-02-15
RRAKIRT.
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o. u,ntss''-Attsnspts 10 Discoyee a. svs.,s
tdr,

seu,, hing Additional About the "YounG
Il, ? ofCnltuRe" and His s'Flnau~, 81 S-s.-
o .utttiss'-AttttiD 10 Discover "a. .vt...
rtE,
We present below some nteres,inp fact.
about the recent financial irreg nlartjeA" of the
s.young gentleman of fortune, Otherwise known
as Mr.. Tryon keakirt, in addition to those
already published.
Reakirts grandfather established the drug
house that still bears the family name, aud by
close attention to business and enlarged business
cauacities succeeded in establishing his house
on a sound financial basis. Tryou was brought
I'D in the business. and in course of time admit
ted to partnership. He paid the closest atten-
ton to business, and never kept late hours or
manifested the least desire or inclination to live
fast.
About three months since he presented note
at one of the banks for $4,000, purportiDg to
have been sigued by Russell & Lands, aud
pay able TO his order. Knowing both parties
very well the cashier of the bank did not hesi-
tate for n moment, but directed the paying
teller 10 discount the note and hand Mr.. Retkirt
the money, something over forty-eight hundred
dollars when the premium was deducted.
With the proceeds of his first forgery he in
vested in Rock Island. The investment turned
out fortunately, and he deposited his gains 10
the same bank that he had vcJmizsj. Ii any
thing were needed 10 gain the confidence of the
bank this naster-strOhe Of policy did it. From
that time forth he presented notes at the bank
and they were promptly discounted. Sometimes
be would wiD sometimes lose. In this manner
he proceeded with his note-shavlug operations
until he had honored no less than fifteen
of the leading banks of the city with his busi-
ness, each time returning in a few days with
deposit to the bank he had so cleverly victim
lied. Thus he kept running account, and was
enabled to get still further into the confidence
of the bank officials. He operated in Read
ing, Lake Shore, and Michigan Southern
aud Rock Island stock. Michigan south
ern and Rock Island have al ways paid him
better than Reading; yet lie probably thought
Ire ought TO encourage home institutions, aud
kept bucking away at it. The last two weeks
he had began To gain decidedly on Rock
Island stock, and 50 confident was he that
he was at last at the long wishei-for
goal that he recently made arrangements
securities. OF course IL will be understood that
he put up" nothing more than margin. To
be ready TO meet his brokers' needs, prepara-
tory 10 the purchase of the stock, he found
at the different banks 1t was but the
work of moment to make out a
note for the amount. take it to the bank and
present 1t for collection saving he would be
back for 1t in moment. How the cashiers
suspicious were aroused by the note being dated
1870 instead of 1871 and Reakirts subsequent
detection have already been published.
Finding he was detected, he weakened and
expressed his intention of committing suicide
Ii he had not been detected he would in all
probability have made enough by the Rock
leland speculation to ray all the notes and
have splendid fortune in addition He thought
and was led to believe that the business could
be hushed up; that no publicity would be given
to the affair. warrant was issued for Rea-
kirt's arrest. but he became alarmed and got
out of harms way for the present.
1t was thought, day or two ago, that the de-
tec,ives had certain clue to Reakirt's where
abouts; but the most persistent piping" failed
to establish the truth of the rumor, and the
detectives are for n time off the trail. A we'll
known detective accompanied by two
or three bank officers. went to New York
to take measures to more effectually cover the
ground in that city, horse and buggy ap-
peared at the residence of Reakirt's father
Thursday night. The occupant alghted Git was
not young Reakirt), went into the house, got u
small bundle, and then drove rapidly off
vicinity was unable to follow the buggy
This circumstance seems To warrant the
belief that ReakiIt is not far off; it is believed
that he sent for some clothing.
The most untiring watch is kept up on all
places where he has been in the habit of visiting
and every one going to or leaving these places
is most certainly watched In the closest manner
If Reakirt is in the city he will be unearthed in
short time. AS proof of how well the forge
ries were executed it ia said that when
one of the notes bearing Mr.. Llndis' sig
nature was shown to that gentleman he
could not credit the evidence of his own
senses; be put his hand up tn head and audby
remarked, "Can 1t be that have signed that
note when have been asleep, or have lost nv
senses for period within the last three months? !?
The signature could not be nearer genuine if |
wrote it," Mr. Russell also expressed the
greatest surprise at the excellent manner in
which his name bad been forged
The following banks are said to be among the
losers. 1t is with great difficulty that we have
been able to learn their names, as the officials
are striving to keep their losses from the public:
-Tradesmen's National, Peoples, West PDila-
delphia Bank, Northern Liberties, Girard Ma
tional, Seventh National, Commonwe Com
mereial, Bank OF Commerce. Bank of the Re-
public, Bank of North America, Mech lnics'
National Manufacturers National, aud Union
Banking Company.
The victimized banks have had two or three
meetings. Mr.. Musselman. Cashier of the
Union Banking Company, the President, does
not feel at liberty to give for publication the
designs of the losers. 1t is understood that most
OF the banks will settle for the amount lost,
while two of the number the Peoples and
Northern Liberties, are positively determined to
prosecute Reakirt whenever caught.