New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-01-26
LOCAL MISCELLANY.
HORACE E. BROWNS. STORY.

HORACE f. BROWNS STORY.
uIs NARRATIVE OF THE MANNER IN WHICH HE WAS
INVOLVED N THE UNION TRUST COMPANY FOR
GtRY-DAMAGING STATEMENTS ABOUT CHAD
WICK.
The Tombs Police Court room was filled
yesterday afternoon by persons interested In the exa
nation Of George W. Chadwick charged with comphcy
IN the forgery upon the Union Trust COMPANY
Horace Brown who the first person arrested IN
this case ard who was committed to the Tombs IN de
fanlt Of ball. told the following story OF his con
neeiion with the forgery
| have lived in his city for II years. and know pom
Maxwell and Chadwick made the acquaintance oil the
latter about six weeks ago am not "a mtihDef either
OF the Gold Stock Exchange. and my CHEZ business
has been that of ship broker L. A: fown, euip
stone broker. introduced 10 Chadwick, aud we nau
long talk about some South Brooklyn and PARK kaiodu
Company bonds tina, he desired me to Coa do MIN
It. while this business was going on ChadWck Que u"!
and here nrohnhly Would he gold to be purchased He
asked me # knew OF broker used 10 hau Ing h
ness l saw Maxwell. and said to INN, AS,
sumng that large institution wishes 10 Snanse
ITS S seS cur e ana So tb wOS He said that be
would think the matter over and on the next Gay YOU
wick the next day aud nc said that the securities would
be pid for by checks % the institution III large suns %
$50 600 and more. Most OF the Investments WCd 20 10
The institution but part would be mace over 10 We
officers participating and me resi- 10 e iest
promised me four per cent OF tne gioss 80 have S
and said that all the brokers together We're 10 hale -
per cent. ne ana were cOnCtlhCu MVuiH
not be known in the transactions. h9n 'aE arr +b Se
matter over thoroughly with Maxwell, ana nc eiiu tat
If 10 Chadwick lie had rot told what the nIme OF
the institution On sunday, Dec 81 WilI4 hdN"cl
sntip thot he business would begin tuesday next
Thv note was siened, but recognized the hand
AS came down town on Tuesday stopped at Chad
wcks aud Inc said that orders 10 purchase goid uad
gone down town. He told He also tnat the INSTITUTION
was the New York Life Insurance Company Later saw
Maxwell he said that he mad received the creek alG
orIrrs 10 any gold glanced az the CHECK us ne helu
i'm ms hand but don't think that cOuld identity IT, he
sad that check had been certified ny lhe Union trust
ON the next day, Jan. g. Maxwell SAID that he had as
certained that the man VINO sEhed n aG
end the maine was in the list OF the officers. lie
added that If this was the TACT he snoo sen" ,e p"lt VIZ
tie business afterward saw Chadwick, and
me- said that there must be some mis-
take ana ina he would see about it. Later saw Max
well again and lie said that everything Was al right ana
thni $50 900 in gold been purchased and delivered
On Inc n,xt day Maxwell handed me a roll Of green
backs amounting TO 500 gave SIOo 20 Ohd1Wch all
KEEP: the rest ON the next morning Maxwell Salu thtt
he nad made "a mistake in delivering TIE gold ana haa
only $4,000 instead 81 S3OV0o Us ne mao supposeS
Tie amount 10 I've added was 9o'ooO. ht s~HG ,e tU I'D
cert Icate $1,000, told me to nave IL broken up anu
send - eco to those parties, mednlug me
Insurance Company dd this WIN eIdt 20 40
handed Chadwick live god treasury notes Tor SlooO
each and changing The rest into currency pul ai ID my
pocket l aiterward gave ChadNlck TiVoo, ana
several other smaller sums that cannot rclheorI lo"
l fist heard of the forgery about Two weeks as" hd
met Maxwell in billiard saloon III NeW-si, ana nc
said: - am watched, ana you must re, Get oI,,
A;ierward / Chadwick and tod mn Wlti
Maven had told me. He said that he did
moi beIeye that there would be any trouble When sol
home found Maxwell i'll my room lie salG maj ne n3d
b.n corneId and had sad. before he thought that the
cheek came 10 him from That on Tuesday night
Ian rs. On The next morning told Chadwick ~hat
maxwell had said. As went on down town met Max
well He said that he mad been taken before me UEloa
trust ompany and catechiscd terribly. went to Tie
IJron Trust Coupany's Office and was questioned for
two hours. 1t ON "Wednesday morning mat teic
rrapbed Chadwick 20 me at tie Park Hotel ut ~
O'clock At this meeting merely related iuY interview
with Maxwell the night previous We boh denolhcca
yvali's actiO
uuper liz and say nothing about the matte. Ihal al
ternoOn was locked up at Police headquarters.