New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-19
THE BROOKLYN FRAUDS.
THE STORY OF THE STOLEN BONDS CON
EIRMED.

FIRMED.
AepMAH CLAIMS THAT THY BELONG To HIN-THE
sRUsT COMPANY DECLARES 1T NEVER HELD
THKM IN TRUST-BUT THE BONDS ARE GONE,
AND TIKI RECEIPT is SIGNED BY MILLS 40
PRECEDENT.
OF all the numerous sensations which have at
sected the citizens of Brooklyn of late, none pro
suoed such a startling effect the account when
appeared exclusively in yesterdays TRIBUNE Oh the
sobbery Of the Wilmantic bonds deposited Win the
Brooklyn Trust Company for safe keeping Inc
sfioials of the Company as might have been ex-
pected claimed that the Brooklyn Trust Company
had nothing whatever to do with the matter They
united, as if by preaTanGement, IN the statement
that the property had been given to Rodman III
Riyiduallv 10 take charge of. and at another time
Inserted that Mr. Mills receipted for the bonds as an
Individual and still later that the Trust Company
nj no time had charge Of the trunk containing the
bonds This Of course indicates their defense IN
Che suit which has already been begun against the
Company. They stated that the bonds were second
mortgage bonds that they were consequently value
lsss and explained afterward that they were
ignorant Of what the trunk contained. Mr.. Ropes,
who was exceedingly anxious a week ago, when ne
furnished list of securities held 10y the Trust Com
pany to impress upon the public the negotiable
value of Willimantic bonds yesterday said that puT-
ioiDed second mortgage bonds OF the same security
were of no value whatever.
The gentlemen who are implicated by the loss of
these bonds yesterday sought for consolation in the
columns of The Brooklyn Eagle Mr. Daniel Chaun-
sey had nothing of consequence to say TO TRIBUNE
reporter in explanation of the part taken by him IN
examining the contents of the trunk, but said his
views would be given fully in The Brooklyn Eagle.
Alderman Ropes also remarked that what he had to
tay could be found in the columns of that organ OF
the Ring. Mr.. ROdman, for the first time III Two
weeks opened his lips and told the public through
the same mOuhpece that IL was none of the peO-
Piles business where the bonds were or who took
them, as Mr.. Mills gave his individual receipt for
them, and the Trust Company had nothing to do
with the matter of their safe-keepiug He claimed
that the contract on the part Of Mills and himself
with the Willimantic road had been fulfilled. and
the bonds therefore belonged to the former
60 do as they pleased with them. These
facts, however made plain yesterday,
in spite of special pleadings, explanations. and
pleas Of extenuatlon over half million dollars
of the bonds have been abstraeted and probably
sold. Daniel Chauucey, who is Niee-PTeSident OF
the Safe Deposit Company. whose possession the
trunk containing the residue of the securities Is de-
posted. Is of the amount distracted, but re-
fnses to tell the public the exact sum. He denies
that he ever named any exact sum as the amount
lost but does not deny that il is not half
million. The most strenuous efforts making by
the officers of the Trust Company to avoid their
responsibility as custodians OF the bonds, and Mr.
Warner. who is determined to secure the bonds or
Their equivalent viii bring suit against the Trust
Company to recover the amount and force upon
Mr.. Daniel Chauncey and his associates the convic-
ton that NOT only the stockholders and depostors
Of the Trust Company, but the public also have an
Interest in the matter.
Controller Schroeder not in town Yesterday,
Int hIs deputy, in reply to questions put by lRIB-
UNE reporter stated that he did not know anything
about the bonds which had been given by Sprague
IN part payment of the Treasury defalcaton, but II
they were stolen property of course the city could
not hold them. and the amount would have 10 ne
made good 10y Spragues bondsmen.