National Republican. (Washington City (D.C.)) 1872-1888, 1874-09-21
EMREzzLEKRNT.


Mr.. Il. +. MILES CHARGED WITH
FRAUpULENTLT nIsPOSINd Of DIS
TRIcT SECURITIES.
On Friday evening Detectives Sargent sud nc
1lfresh arrested Mr.. II. 3. Miles on the charge o.
embezzlement. and conducted him 70 police head
ouarters The warrant for bic arrest vas sworn
out before Justice A. + l. Reese By Henry T.
Crawford. member Of the arm Of J. Y. ". Van
denberr ( Co, and charges the accused with
1havinr On or about the zsd day Of December,
1s1a. BEEN xuIltTof fraudalently taking and en-
bessline sd eoaverttng % his cHn nse, ana IN
lawfully did negotiate and transfer 70 his own use,
e1Aooo Of sewer beads Of the District and tl0o2o
worth Of special improvement bonds, All being q
the value Of t2tooo, being commonly known e
District Of Columbia Gono.. eeln8 snsn sns p.ol
erty ef4he HenTy 7 CreEisrdI Z. 3 u lesIt sna
IN. W. Vantonborg, trhdinG as Y andenDerE =
lkCon From the Developments IN the case Z nes
IN the way Of nssolssing the securities ~ the
Many Of the contractors who were victims IN
that transactfon became little more Watcnful
by their expensive experience and kept . close
ave on their bonds. Nandenbsrg & o., i ap-
pears entertaned the utmoss eosaaeneS n ne
dfgpiay a. much vigilance n their business rela-
| tiors as would have been deemed necessary under
more unfAvoraple circumstances. Il appears that
| ne accused acted as an agent for the firm, and
made the representation that ne could place the
bonds with . prominent broker doing business n
Il ".
\ eonId Be obtained elsewhere account Of the To-
timacy and friendship existing between the broker
| and himself The nrm gave him $4,000 IL the
bonds shove named 10 negOtiate, with the explicit
Understandings that the interest as 70 boprQmptly
/ maid and the bonds returned % the company on
demand and the paying up q ~ oollgatilo9ns4 !,
1 shortly afterwards no paid the firm : sum Of
money, not large amount, but adequate ioT me
| purposes for which II was desired, and nothing
1 more was said on the subject until recently.
i Further funds.Here desired, and the amount ex-
| pected TO be borrowed on the bonds had rot peen
paid, neither was any more sortheoming rom ~
Miles Finally one Of the hTm visited the Dfokeri
Il with whom it was represented that negotlationi
!, md beer made and, 10 his sstonishment, Was In
formed that he had not loaned any money on tne
bonds neither bad be seen, heard OF knew any
thing about them. This was surprise party u
deed for when this gentleman was mentioned =
The holder Of the bonds the company telt perie 9.
IN safe IN nlrusting them 20 his custody but Wnel
It was discovered that be was In complete lgno
rance Of the entire transaction, AFFAIRS assumed
dIshonorablo look on the part Of Mr.. Miles. De
feFpinadt pQEeFeg, not @ act on hasty judgment
eloseiy questioned. aclnoHIedKed that be hal
disposed Of the bonds, but declined naming the
party 70 whom they had been sold.
Obtaining no definite information and little sat
isfaction the company deciding 70 seek redress
| in court obtained q warrant and procured tn
arrest Of the accused. He was released on Satur
day last by Judge SHELL on giving bail In the sun
Of $40. COO ior his appearances on wednesday next
man. Mr.. Miles at one time was q prominen
feed merchant Of this city, lived in good style AM
drove fine pair Of horses. he has borne the rep
utation Of an upright man hitherto, and this
the hrst intimation Of his being guilty Of dii
honorable deed. a.,