New-York tribune., 1875-02-22
AN UNEXPLAINED STOCK FORGERY.

RAISING AN ERIE CERTIFICATE FROM TWO SHARES TO
TWO BUNDRED-THE FoRGER NOT DETECTED.
Wall-st. was disturbed on Saturday by
the announcement that fresh forgerles OF STOCK Ger
tcaes had discovered in this city IL was iouno
on Inquiry that Duncan, Sherman Co.. transfer ageuIs
OF the Erie Railway Company had given notice 10 'he
Stock Exchange that certificate OF Erie stock IN the
name of Tumbridge Co. Of Wallet had been ralseu
from two 10 200 shares the firm believed that -FOUR
other fraudulent certificates were still In circulation
In order TO alay any suspicious which might attach 70
them Tumbrdge & Co. sent O notice to the Stock E1-
change, the text Of which was as follows:
~ STSsIs w.rsn No. Boston ". had the
bane aud handed hnn ihe erhae & h m ~
70 .% Of no possibility ~ g., Of deception We
Tambrdge q Co., III response to inquiries, explained
that on jan who represented that he was Irou
transactions called them and said that he wanted
to buy TWO shares of Erie for the purpose OF making
regular course Of business His name on their books
W. L. Warren. They were careful when me uahsIer
was made 10 tell the transfer CLERK tbat thcy nan 10
kno the person. aud aeked II by any poss'Oy
the certificate could be raised Tney we're assuIeu @
that IL could not be done This Is the o2y lot o TWO
shares Of Erie which the firm have ever dealt;
ExJudge shipman. attorney Tor the ERE h"Iway M
Company made "a atement on benalf OF Ddncan Sher-
man Co. He said that on jan IA Two persons called
Duncan, sherman Co. ana one Q. the, WHO h rSpfe
a. Co. presented certificate for 1Ye shares OF Erie
comwan stock made out In the name of Robert IL.
tcates Of share each aud one OF two shares
He said the transaction for customer VINO wanted
the twO-share certificate ny O'clock The three oerth
Gates OF made out according 10 re-
ou st in the name OF Valentine, and the one OF Two
| suares in the name OF TumDrdge Co. messrs.
Duncan, Sherman & Co., regarding the Tantacton as
singular one. had taken tue precautlon 10 punch ous
the figure two, making II u periorat0h 'he Two
men called again O'Clock. and the certncats were
handed the representing himself as meInoer VI
the Arm OF Tumbridge Il Co., who left with them
Nothing more heard OF the certificates uuth Sanur
day morning certificate for 200 snares OF Erie
common stock was presented by IDesscD.er !rou ,ne
Third National Bank at the transfer Office for transfer
on proved ~ be the two-snare cerDeate
OF Jan. a. had been apparently raised 10 ~
shares nv inserting the words two hundred In the
written part IN place OF two" and by punching I'VE
circular at the rgnt OF the perforated ngue tWo
The certificate signed on the BACK " IuinOridge
Co." Tne President Of the Third National BanK salj
that the certificate came from the Maverick Nauonal
Bank Of Boston, He exhibited a letter from that banR
reaues ing the Third National TO have the certlneaIe
transferred the name OF Elijah Varney of Bos'oD
Tumbridge Co. no orious from the character OF
their business. TIey advertise operators In puts
aud "calls" and undertake 10 form combinations In
stocks which unsophisticated people arc Invited 10
contribute small OF money and secure enormous
profits" The Stock Exchange officials are investigating
the matter, with q view ~ securing the culprus'