New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-03
ARREST or UILLIAM L. CRAY.
one OF THE MOST NOTED or AMERICAN PoRGERs
CAPTURtD II LoSDON.

one OF TIRE MOST NOTED or AMERICAN YoRGERs
CAPTURtD Il LoSDoN.
Bankers aud brokers in Nall-st. were sur
pli,ed aud prathed saturday Dy the cable announce
ruent that liam l.. cray saiilm aud notorious
forger aud sWindcr had been arrested In London ana
lodged Jail, pending an inV'rhgation INTO ms crimes
Gray is the son Of ID. Edward H. Gray. who was chap
lain Of The United states senate 1861 1850. In
1866 young Gray came TO this city, and aided bY letters
from influential public men, hc obtained position In
the banking and brokerage Oihce Of A. W.
Dmock a Co. Hero he learned the detail, Of
the stock business and when Dimock & Co. suspended
business ne thought he would start Tor himself lie
began with desk in NeNs Office, and for short
time did "a " commission" business. In 1850 he was de
tecol IN negotiating forged OF altered securities,
but he pau.iby explained that the matter was mistake,
and took back the securities. Next he opened "A large
Office at No a Broadst, and announced that he would
do banking ana brokerage business. lie formed con-
nection win respectable broker named FINK, whom he
induced to transact his business on the statement
that he had Inherited $4,000 with which he
intended to do business. lie dealt largely IN
mining stocks "A fayorte being Quart Hill stock.
He began 30 borrow money In large quantities ON CALI
from and brokers IN tbs street. giving as security
either United States registered 80 bonds OF lo0I or
gonuty Loan certificates Of the state Of New-York.
which had been raised or altered To larger amounts
On Friday De. 10 1862 Gray oyerdrew his account ut
the Bank OF the Commonwealth, and obtained loan of
$4,000 three forged State Bounty certificates which
IL was aferward found had been raised Gray WAS sent
for and IN his plausible way explained that he received
them from nan named T. H. Pratt. residing at tho b.
hiclOi.s Hotel, aud Thai he had Obtained another
!esn from Coleman BCn-uct, broker, on similar sc'i-
rifles. he promised To redeem the ltaudulct occh
rtes was permitted 10 The next DAY he dicW us
money from bank ana left tie Ciy having pun inc
sums obtained 10y his fOrgeTes mo Government buls
Among those swudicd by Gray were Hnwes * Macy,
VINO lot $4,000: Brown X L0yer1dge, rlOOOO; YER
miyc * Co, 100000; Manhattan Btuk TJo,uOo; Cole,
mai b uedct, II 5000 j. y. Ewcl Coz S%)oOo ana
b. T. scot 10000. Detective Thomas Samihon, thell
OF e stock Exchange was set 10 Work on the cant' ana
Le arrested Iratt WHO proved 10 be sWndloI ana y
partner OF Cray IN iVrselies Pratt was locked up
In tue Tonb5 for nearly year when lie was released ON
tuc condition Of his tesyns against uiONtl te boys
ION BANK Fobber. Gray went 10 many countries
aud assumed many aliases. He was heaiu ol IA
IyuJou and Detective Sampson went 10 lbdl city,
but when on the point of arrest Cray denied
ms identity, and WINE the London othoeis were
dsyun whether OF not he should Do arrested 40 He'd Ia
the continent Returning 10 London aiiefWard ne as
silmed the alias OF james Payne Morgan, wealthy
American and his good address soon secured Inn Ell
trance Ia financial circles. Later he was known IN con
urction with another sNDdlo Dr. kOetzo. The de
ta of the arrest of Gray have NOT yet been re eyed
lie was recognized by tie aid OF photograph IN tho pos
sessou of London affective. As me
KNOWN tine stock Exchange Governing Committee held
mrsiiu and authorized Detective Sampson 10 10 Lon
don and he Will sail Wednesday by the steamer Alge
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