The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-08-11

1 p
male adventures in this city was about a
week ago, when, with her baggage addressed
| to the st. Domingo house, New York
she took her departure for fields new and
partures green without even pressing the
scholarly hand of Mr.. Raster, or leaving a
consoling word for her noble patron. the
wealthy widow. New Workers, beware! If
4 the imposter appears as Spanish don, be-
ware; if as Countess knuth, beware. for in
either character she, he or it viii swindle
| you, and edify you with more geuuine solid
lying than any being that ever donued pet
ticoats or pants In this or any other coHn
| try.
EXTENSIVE FoRGERIES IN ST. LOUIS.
COTTON RECEIPTS TO THE VALUE OF ONE
MILLION FORGED BY LEADING FIRM
GREAT EXCITEMENT OVER THE DISCOVERY.
ST.. LOUIS, Aug. 5.--There was a good
deal of excitement on'change to-day, caused
by reports that Alexander, Dorman & Co.
had forged cotton warehouse receipts to the
omount of from one hundred thousand
to one hundred and fifty thousand
dollars, and that two or three banks of the
city had been taken i'm to the tune of forty
or fifty thousand dollars each. Dornan
/ and one or two other members of the firm
were arrested.
Additional information shows that the
younger member of the firm, namely wylie
Dorman, J. j. Butler and Henry G. Ogden
had nothing to do with nor any knowledge
of the matter, and was released from arrest
this afternoon. Bethel @. Alexander, senior
member OF the firm, is still in prison, and in
a statement made this afternoon said
that these frauds began about months ago
and consisting in forging signatures of j.
| w. Robinson, clerk at the Christian Pepers
cotton warehouse. This, he alleges, was done
by G. K. Shepherd, clerk. who, how
ever, Indignantly denies that he did
! it. Alexander says that the forgeries were
committed for temporary relief, not for
| the purpose of fraud, and if they had not
been detected he would have been in a posi-
! ton in fifteen days to take them all up, and
| would have done so. How many of these
| forged receipts have been issued is not
known, but it is believed that over 100000
worth have been hypothetical at different
banks. Bank officers are.reticent, but it is
| well known that the German Banking In
stitution held $4,000, the Fourth National
$4,000, the Third National about $4,000
The Bank of the West, and perhaps
one or two others, and two or three bust
ness firms aud individuals are involved
| in smaller amounts. A package of 5000
checks for S, 900 were found at AIexander's
house after his arrest. The money was
identified by the cashier of the bank at st.
Louis and returned to him. Attachments
were issued this morning and the sheriff
took possession of the store and the
effects of sthe firm and, also levied
on 200 bales of cotton in Peper's ware
house. Between two and three weeks ago
Phelps Bros. 81 Co., of this city, bought $500
bales of cotton of Alexander, porman Il Co.,
and paid 500, 900 thereon, and received genu-
inc, warehouse receipts. This firm
| was, this morning, garnisheed for any
amount over this sum that may be
due Alexander Dorman & Co., but it is
| thought that this action will not stand in the
/ ~ Al -
assets sufficient to cover all the loss, if left to
IFS own management. The firm began bus
mess here about a one year ago; the MEM
| bers coming from Louisiana and Texas and
| has done quite an extensive trade as cotton
factors,
ALEXANDER MAKES A sTATEMENT-AMoUNT
OF FORGED RECEIPTS NOW oUT-HE PRO-
POSES TO ASSIST IN SETTLING.
ST.. LOUIS, Aug. 6.-Bethel c.. Alexander,
charged with the forgery of cotton ware.
house receipts, made full statement of his
affairs to day, for the benefit Of the public
| as we'll as his creditors. He says that the
| first forged receipts were made last Decem-
Der to prevent suspension or failure in
business, and that none have been issued
| since April. The whole amount of spurious
receipts issued can not be ascertained, for it
appears that he maze new ones
with which to take up the old ones,
became due. In the meantime he used
genuine receipts 10 the usual way, and in
July he held nearly 1000 bales of cotton, out
of the proceeds of (which he intended to take
up the forged certificates. The proceeds of
| the cotton sold Phillips Bros. q Co. would
| have reduced the bad receipts onehalf
The total amount of forged receipts now
| out he saws, is 100000, distributed as fol-
| lows: Bank of West, $40, 600; Germon Saw
ings, S24, 900; Merchants, $4,000; Fourth Ma
tional, uncovered, $4,000: Third National,
S45. 900; Fusy & Booker, commission house,
| $4,000; the Hon. ErastuS Wells, Sl3, 900.
/ His assets, he asserts, are worth
$3.50, 900, liabilities $4,000. He re-
/ fers TO the fact that all the
money raised on the bogus receipts was put
into his business instead of being spirited
away, as evidence that he did not Intend
really to defraud any one. He acquits his
partners OF blame entirely, saying that they
/ knew nothing whatever of his fraudulent
transactions. He is still in prison, and will
probably remain there until it Is decided
what action shall be taken IN the matter.
i His creditors held a meeting this evening to
discuss what shall be done in the premises
but the result has not yet transpired. Alex
ander offers to assist in the settlement of the
affairs of the firm, and says that he can do il
at great saving to the creditors. He says
that he paid young Shepherd 81 600 for max
ing the forged signatures.
Il FOURTH DISTRICT REPUBLICANS.
j THEY NOMINATE WA. ]. ROBINSON.