The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1877-01-31

How the Union Trust Company was
swindIed Ont of that $4,000.
New York Times Of F'riday.l

came to the knowledge of the tpublic on
Wednesday had not subsidized yesterday,
and the impression prevailed that the work
of the police would not properly end with
the arrest, of Horace +. Brown, who
was apprehended, as announced yes
terday in the Times, on Wednes-
day evening. A good deal of astonish-
ment continued TO be expressed that the
forgery was not sooner discovered. There
was Yesterday no disposition on the part of
the officers of the Union Trust company to
communicate on the subject, it be-
ing said that all the information to
be given TO the public had already
been published. During the morning
Mr. King, the president, held aconsultation
with a number of the stockholders of the
company, but it was understood that the
consultation was held for the purpose of
considering plan for clearing up the whole
matter OF the forgery. Mr.. S. L.
Blood, in a conversation with a re-
porter of the Times, said yesterday
that he had been misrepresented by
many of the statements made concerning the
forgery. He said he had known Mr.. Max
well for several years, and had purchased
the office No. is New street from him, al
lowing him to retain desk room as a notary
for consideration. He knew that Brown
had done buiness about 1.-The street for seve-
raj years, but he had only known him about
in the office, but Mr. Blood
said he would net previously have recog-
nized him. Mr.. Maxwell introduced him on
Tuesday afternoon, January 2, when Brown
produced the S64. 900 check, and Maxwell
said, This is from good uptown Gus
tomer.p "He wanted me to purchase
quantity of gold for him." said Mr.. Blood,
and seeing that the check was properly
certified and appeared to be perfectly regu-
lar, / placed it with other papers in
the safe, where it remained over night. On
the Sd of January purchased $4,000, and
in the latter part of the week So, 900 more,
the larger installment of which was deliv-
cred to Maxwell and by him to Brown"
Mr.. Blood said that when he first heard that
the check was forgery he lost no time in
informing Mr.. ". I. Hatch, and requested
that payment OF the s., 500 check be stopped,
which was a part of the proceeds of the
S64 900 check.
Horace Z. Brown, the man under arrest in
the case is spoken of as man who did bust
ness in Wall street, but who seldom had any
other office except one lin his hat" He is
described as person of very plausible man
ners, who always appeared to be full Of
ing him is not obtainable. An old detective
in 1.-The street. said significantly that
the story had not been half told
yet. ITS not a fresh hand that
shaped this business, nor was it the work of
hitherto square man. If it was we should
believe the offender had fed. A cross
man, or an old hand at forgery, would stand
still and take events quietly.
Mr.. Wheeler H. Peckham, counsel for the
Union Trust company, held protracted in
terview yesterday with Superintendent
Walling and Detective Sampson, but Super
intendant Walling declined to give any in
formation concerning the subject of their
consultation.
POLICE COURT PROCEEDINGS.
Yesterday afternoon the prisoner, Horace
f. Brown, was arraigned before Justice
Duffy, at the Tombs police court. num-
Der of witnesses were also present in the
court room, among them Messrs. Morris
Franklin and William H. Beers, president
and actuary respectively OF the New
York Life Insurance company; Mr.. Edward
King, president of the Union Trust company;
A. w. Dimock, of No. Exchange court, and
detectives Sampson. Silleck, Doyle, and
Elder Mr. Wheeler II. Peckham APP
peared as counsel for thief Union
Trust company Assistant Attorney
Russell for the people, and Mr..
William Writ Hewitt for the prisoner.
Brown was brought to court from the police
headquarters, where he was locked up i'm
mediately after his arrest on Wednesday
evening He is a short, sturdy looking man,
with brown hair, streaked with gray, and
brown mustache and imperial. He was per
fectly calm during his stay in the court
room. The proceedings before Justice Duff
fy were very brief. Mr.. Franklin was first
called upon, and made the following affi-
davit:
Morris Franklin, of No. 346 Broadway, be-
ing duly affirmed deposes and says that he
is the president of the NewYork Life insur-
ance company; that on the I'd day of Janu-
airy, 1877, at the city and county of New
York, as the deponent is informed and be-
lieves, the annexed check was
presented to the Union Trust COM
pany, and was by the officers of said
company certified that said check is false,
forged and counterfeit and deponent's sig
nature thereto is false, forged and counter
felt, and very good imitation of depo-
nent's real signature, that deponent believes
one Horace Z. Brown is one of the persons
concerned in making and uttering the
forged check for the following reasons,
viz: That, as deponent is informed and be-
lieves the said Horace X. Brown negotiated
with one George w. Maxwell. to become the
financial agent of the New York Life insur.
ance company, and purchase gold for, and
on account of, the said NewYork Life insur-
ance company; that the said Brown had no
authority to conduct said negotiations, and
was in no way in the employ of said COM
pany; that said Brown said he made said
negotiations under the direction of a
man named Roberts, who was, or said he
was, in the employ of said company; that
said Brown also attempted negotia-
tons with other brokers for the same pur-
pose; that the said Maxwell, having con-
sented to undertake said business, the an
nexed check was brought to him, the said
Maxwell, in its present form, except as to
certification, by some person to deponent
i uuknown- that before bringing said check
the said person took to said Maxwell the
| letters hereto attached, dated January 2,
and purporting to be signed by William H.
Beers; that said Maxwell received said check
and bought gold with it. which he delivered to
some unknown person; that said check was
paid in the usual course Of business by the
| Union Trust company, and came TO depo-
c.n Tho 18th inst ,.haIa