The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-01-19

WALL sTREET EXCITED, 7HE UNION
TRUST COMPANY RETICLNT.
What Mr.. Blood ffns to snv-Thc signatures
Perfect President FrankIin's Opinion
Brown's Appearance and Antccedtnts.

VDlnon-
Browns Appearance and Antccedtnts.
The $4,000 forgery on the Union Trust
Company was the stock topic In Wall street YES
terdav.
The company oflcia's stln keep their own
counsel, but MIR. J. l.. Blood WAS found moro
communicative than the day before. lie said
to n Sun reporter:
"Mr. George L. Maxwell Ia a member OF the
stock Exchange. and has desk room In my
Office. On Jan. g Maxwell handed me check
on the Union trust Company for s6i ,22j, drawn
by the New YORK Life Insurance Comp,ny The
cheek was certified 10y tire Trust Company, and
Maxwell told me he had obtained the certlGca-
tion himself. understood 1t was from Gus
toner OF his, named Horace +. Brown. l had
been introduced to Brown casually In the
ONCE, but had 1t not been for this flair.
DOUBT whether should have recognized him
again. On Jan g. bought for Maxwell $4,000
gold. giving INV check for about $4,000 In cur
rency. On Jan. 3. bought for him $500 In
gold, giving In payment check for sl0,lil.s5 In
currency. An additional $500 In gold was
bought and this, WITH small amount still In
my h inds, exhausted the deposit Of S6i2aj. My
transactions were entirely with Nr. Maxwell
and not with his customer. ne s9yD gold was
In the gold checks OF W. /. HatVn y Co. ms
was given to Mr.. Maxwell instead VI the gold
ION TUESDAY was notified by the Mechanics
Banking Association, where deposit, that the
<64.2.j check was forgery. Immediately
went down to Hatch Co. and ,kci them to
stop the payment II the $500 gold check. after
ascertainins tina II had not yet come Ia at the
Bank OF New York. On which II was drawn. |
al-) notified the linton rust Company, which
approved Of my action IN the matter.
| h We compircd the Sdl2,l forged check With
! COMPANY II was well executed -calcul ted to
Ceceiye the officer IT tue trust Company Who
Ger ihcd It. The signatures of NJ. Beers. the
Secretary. and Mr. Flanklin. the President, were
Inn ina
! lines aud color are h Il; the oar lihe., where
the amount - written IN. are blurred.
| There are other defects. cannot say
Br wn mas teen arrested. TIE readiness with
| which the Union Ifust Company certified the
cheek would naturally disarm Mr.. Maxwel's
suspicionS 4 he mad INV took The cheek from
| Mr.. Maxwell, and credited HIN with 1t, AS l
| would have done any other brOser."
Mr.. Blood has been ON the street stree 1863,
aud the Union Trust Company and members Of
the StocN EXCHANGE acquit him ~ any knowl-
edge OF any .hins wrong III Mr.. Mfxweiis Gus
| toner.
Mr. Morris franklin. President OF the New
| York Lie Insurance Company. said Yesterday
| that the check Tor SlJO,cJO drawn Dy the COM
| panv, whiCn had the same number az she forged
check paid out In the regular course OF
| business. They balanced the bank book twice
month and as soon as the two cuecAs with the
same number were found Ia the retained
| vouchers, the forgery discovered. Tue
| check vs. a uiusy ht hncrapn. shoricr bv "A quar-
! ter q an incn than the regular ones ami not
| Likely 10 deceive an expert. ihe signature,
| however. were excellent. Astranser migut have
| seen their checks ON the samtl"-cAri OF their
II lutr anu thus make the 'u"'ciftit; out II
looked to him IS u there was so,. tning behind
| and stlll t. Toe roueht ont.
Messr-. IL. &. Friedman \ Co., Wall street, said
| that Horace l. b. lwn. tne man Arrested. 80 ID
| to keep an account with them. They ALWAYS
! found him honest In his dealings, ana
| thought he must have teen made tool OF by
others. lie came from Charlestown. Mass and
| his OrOtAer was a mefuuer or the rich nfm Ol
Hem Rwal Brown, Of Boston.
\ detective shd that. wuen brown was arrest
ed, some OF Friednans cleeAs were found IN
Brown Is a short. shm-built. well-apae,ring
ne. :l,. lie has brown h-ir aud oius ewes. lie
wears a smaiI ueTd and moust che. some
years aso he was oiten seen IN the company 81
lien IrIsk, VINO was known on the street as
well by mis- gorgeous neck ties and piid
trousers as by ms connection with the tuiun
NAVIGATION Company. 1nis stock was freely
washed Ia the board a, from ~. down in the
nIsh times OF u. 20; but, having nothing to
%ita e1eep: Ir ks roTssous neck iie'
IN the forced sale OF LOO shares, whereupon
IrAsk aud Brown disappeared. Af,erward
Brown wa. connected with a patent accelerating
gun witch Vas to revoiutiouize warfare, but
| uIdut. Ii tie sacks or cANl.its along the lower
itrt # the 10 .rrel contained powder. md a. The
| b.ll sped On lie way The powder 10 iuesr W.s to
give tine call additional boosts o. IT. way, and
s,ft.. :. tlrhter TO ne committed Al nfteen niles
distance. Brown has a very u .let, respectful Ic
| Iyoh, and las been seen around tae street Tor
MIR John u. NJ 4xwell. OF CT ,rk. Dodge * Co..
says tntt his brother. VT. George l.. Maxwell. is
cuuAned TO his house ~ tue Injuries he su'-
!
| OF tho matter, but tuiuhs MS brDtLCr VIII make
"a full statement at the EARLIEST opportunity. lie
il Oniy restrained from d INK II now 10y defer
ancr to the wishes Il the luiun Trust Company,
lie reticeuce ot the Inion Trust mpany j.
not makiug favorable impression. l. Is
tuousut very -ln-uar that an Nicer OF the COM
uauN Should cert4y tNO -ucu large checks, both
having the same number, IL Is also tuOusui
queer tn 4 the two Cnecks should az ain return
to the Un.on lru-t Company through the Gear
Ing House, lie ex ituincd "A second time. ana then
forwarded to the New iorA Lie Insurance Com
uany Wtinodt the forgery being detected
Another unfortunate fact l. that the nan wna
certified tue cheek cannot nov iccolluct WAC
~ sen. ed II. A. a matter of TACT Tie trust
Company loses tue eutlre amount les he SsJJl
gold check, on whtcn payment Is stopped.
II Is understood that AT a meeting OF tho
trustees oI the rust Company Nr. iO0d was
entirely eAculpatcd. ana Mr. aIaAWelis friends
are confident OF Ms Innocence.
Late IN DECENT r last Horace Brown called
upon George ID. Lunt, shii CHANDLER at - south
street, ana negotiate hn advance on "A OIL a
.uing un good, Anicn, lac sand, were worth $500
Iunt asctrtalned that toe bill Of ladlng WIS d
foT.trV nd mad brown crested. Ga Dec. g. ~
v > drought TO thr ehrnl's unlc' "nd released
. Oh q $40 uuud. IA deputy VINO arrested nm
dressed, had a black tSe, aud looked Is though
| De- had peeu on a Dlg spree.
Brown MAS trre-tcd on broadway. on Wed
nrsd ~ evening, ~ pettctiN. mpsou. lester
Il y he was t.keu bcfurv Justice Duny, and
waving an * miuatlon, Was renamed to tA'
Ponce tehtru OM no.
Inc ioAONlu. Is d copy Of the forged check:
Nrw YoRK, Jan. 2, 1877.
. rsiov inrfr q NIASy ~ NLN loEk p.y o..
.lwI il al o. l"4 4"'N} .'r p.n't. ,.,,.-v
Moari- l,snilv, rte id,u H. -''-' ''''N''
:........
On the ht,k ot tue cDetK were tnc following