The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-08-20
THE GREAT FORGERIES.
IMPORTANCE OF THE TRIPLE ARREST IN
CHIcAoo-wHAr THE NEW YoEK SUFFERERS

IMPORTANCE OF THE TRIPLE ARREST IN
cHIcAoo-wHAT THE NEW YoEK SUFFERERS
KNOW ABOUT THE MATTER.
The despatch from Chicago in yesterdays HERALD,
announcing tho of Nelson A. Gesncr, Z. T. Hen
dcrson and f. ID. Weston on suspicion OF being con-
nected with large aud well organized band Of
forgcrs was a welcome piece of news to the
bankers and other business men Of this
city, % 10 is believed probable that
from the parties arrested clew may be obtained
other forgeres which have been perpetrated in New
York within tho past year. The particular forgeries in
which they accused OF being implicated are q
check for $64 the Union Trust Company Of Now
York, purporng to be drawn by the New York Lite
Insurance Company and ono for nearly $2s 600 tho
Third National Bank purporting to be drawn by tho
banking house OF Winsl0w, Lanicr Il Co. These two
forgercs performed with the greatest skill and
proved wholly successful the swndlcrs escaping with
$4,000. They naturally occasioned considerable
excitement at the time OF their occurrence-that on
the Third National Bank In December last and that
the Union Trust Company IN January OF this year.
In the latter part of the month OF December check
Tor $4,000 was presented tor payment at the First
National Bank. 1t was signed by winslow, Lanier 4
Co., and, appearing Enthusiastically genuine, was mme
diatcy coshed. The next day check for $54, 900
drawn by the same firm, was presented by the
Same messenger a. the same bank-the FIRST National.
This time the Suspicion OF the officers was aroused,
and upon inquiry at the Office OF Winslow, Lanier a
Co., this time before payment was made the check
was ascertalncd to be clever forgery. Upon invests
had also been forged. Detectives were ut once put
upon the case and several parties have
Ssioro D oDG DO sroaSh. , No. only had
the signatures Of the two notes IN question been ex
ccedingiy clever limitations OF the original but the
numbers all IN order, showing, as MI. lanier
yesterday remarked to HERALD reporter, that the
swndlers must have been well posted with regard TO
the check book OF Winsl0w, Laner Co. Mr. Tru-
man L. Handy, President or tho Third National Bank
also told Of the HERALD that the person
by whom tho fraudulent checks sent TO the bank
had previously drawn genuine checks The matter is
still undergoing Investigation. MI. Handy. when
asked whether no believed the three men arrested In
Chicago to DC tho guilty ones, said that lie would not
express OPINION; that be hoped SO, however, and
thought likely. Mr. Lanier also seemed disposed to
consider IL not improbable
THE UNION TRUST COMPANY FORGERY
The larger forgery. that Of a check Tor $64 900 on
the New York Life Insurance Company, occurred early
in tho month OF January last. Tho check was dated
January but the forgery did not come to light until
the 10th Of the same month. II was hcn discovered
by the caehier OF the New York Life. VINO came across
two checks bearing the same number. ono for the
amount OF $64 600 the other for s15O,0OO Tho latter
proved genuine and tho former spurious, differing
from tho genuine paper at various points. forged
wa 40 acceuaa Sv e
\ sons T. on on January o IN payment 10. inc
sons gave check for tho amount, and aierward, dis
covering the forgery, published caution against the
negotiation OF tho check drawn BY themselves. The
"
WELL broker the check on tho Union Trust Company,
accepted by Hatch L. Sons, was passed aud endorsed
by man named Blood In few Days Maxwell was
arrested charge OF completely in the forgery. he
was confined TO his house by sprained ankle and,
after spending three days IN tho charge Of detectives
admitted TO bail in the sum of $40 900. II. f.
Browne, George II. Chadwick and j. Colmbne were
arrested on similar charge the same month. Early
April four other men were arrested and examined on
suspicion OF being connected with the same forgery
II will be by these frequent arrests
that the detectives determined not 10
LET
OF the three men with s36 coo III their possession is
certainly OF much importance il II can be proved that
they had any with the gigantic forgeres
the viii watched with the greatest interest
Two statements made In tho despatch from Chicago
announcing the arrests were yesterday denied by tho
persons most Interested One TO the effect that
nearly 5000 had been got out of the THIRD National
Bank. The President Of the bank declares that such
put into the hands of tho New York police, but
scomplctciy sold out by person" superintendent
Walling denies any knowledge OF such complica-
tions on the part OF the Police Department
THE PRISONERS ON THEIR WAY TO THIS CITY.
CHICAGO, ILL.,, August 49, 1877.
II Is estimated that the forgers havo swlndled
various banks out OF millions OF dollars. Stevens was
arrested near Grand Haven yesterday and is now ON
his way TO New York. Tho officers having in charge
Weston and Gesner left for New York with their
prisoners yesterday evening.
Upon examining Gesner's trunk after hts arrest II
gas found to contain largo assortment Of I'M
PIGMENTS necessary to his profession, including
INKS, microscopes, acids, brushes, pens. ira
cling implements, &c. In Woston's possession
were found number OF washed drafts,
which everything had been obicrated by acid except
cashiers signatures. When dealing In drafts II was
the custom buy them for small amounts, aud then
obcratc with all INK marks except the cashiers
names.