The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-01-31
MORE Spurious BONDS.
Caution that wa. worth Twelve Thousand
nnlIs,r. 20 the East IsIver Hnnk.

Cyrus q. Clark called upon Mr.. Charles
jenkins. the President Of the East River Bank
CO. Broadway, on Monday last, and tried to no.
gotiatc II lonn Of $1,000 on twcniy-onc $1,000
bonds of the Central Pacific Railway of Caliior-
MIA. Mr.. CLARK had bccn known to the OH .crs
Of the bank for two years or more. and still had
"a small balance in his favor But Mr.. Jcn ms
decided not to make tho loan until tho bonds to
be- pledged as collateral should have boon exam
incd. Mr.. William G. Emery. thu transfer mont
and hooKke"prr Of the Central Pa IN. Railway
10 sooner saw the bon than he pronoun .ad
them COUNT 'rlcits, and Nj /'nas l. N well the
cnsNinr ot th" bank. who hhd tlk N the bonds
down town for rNnn,indt on. hurried back In
hl'lrm. while he wns ans mt. however. Mr..
Clark again called at the bank. and presented
another bond of the shmc clnss ~ the others
nhd ~ Ilun,ns tssi b. ns",,d $3.50 1t once sot
formation to Suprrlnt ~ mt Waiin. AMI D.
t.tv's Rdiord art Mcnpugal wer' detailed
81 inV.stigat the case Tlcy ,staj tlnrt
st"r,lay In The Grand Central Hrtnl. AMI jus.
ticu * ilhrcth coniutt'l him to the & tv Prison
The bonds. oX'cptng tie one last presented
clerk ia the Polite Central ON 10. They h ar
the initinl l"tt G, uarsing tho series. and
ar" thus elsily ira ed bn'k totnegroat iorg,ri,s
OF is'i. whi,h w'rN cpnfn,i To tlat series. They
are dat 1t Jan. I. 1865. aud lr' numbered 9,2l
9ls7. g401 P4g1 Hhi. 0.bt7. So. 500 qgis % on
800. and 9.9sj Their On .ruVing H. faulty i'm
many rcspe0ts but they aro well cal 'uatel TO
deceive. In the genuine the streets and build
ings in tn engraving in the leh hand uppcr
corner are well defined; IN the count ,rfnit t,rv
are blot'hy ami blurred. In the spurious hands
n dash ~ N'kin- IN the small title G ntral Pa
ciiic Runway Of California, AMI the lnthe work
aud borders arc poor. The s.lsnatnr,.s oi tiin
President aud Secondary are not good the lutt,r
bang VT lttHn IN q slow and h sitatinL man nor
whereas IN the g'nuln" II IL rapid. dnshing and
ir"' Tue roupuns are fades and hny,, n
washy look. an ! these led to the discovery OF
the cOunb'ri, its in lS7l.
Clark, who styles himself u "curtstone''
broker. said. after ho had been 60 nmitt Il. It's
4 funny thing about thNee bonds. ON NV
Years DAY | was going home from my ON iein
tho morning. At thr corner ut Ann ami Nassau
strctts saw n ltie pn kHge on the sidewalk
and picking II az put ID into myuNcrcoat po .kct
In Tho afternoon opened H. and Ia my surpr 81
found that it corta nd trvrnty-two 1000 bonds
81 the Central pa'lil On the al oi January
disiru.t NJ my eOoc luck. | took on" OF tho
bonds 90 The ohiru ~ the company anil asked
whether II WIS good The clerk answ red in
tine nnirmuti,n, and asked me wh,thcr | wanted
to sell \, | said no. and went about my Uu-i-
mss, Then | resolved to hoil on 10 the bonds
until thrv We're advertised, hut rs there was no
row about ili"m. Itripdon Monl y last t. pledl,c
them ~ collateral Tor II loan. That's the whole
story"
In Clnrk's room ut the Grand Central Hotel
N" detectives found u number Of worthless
stO ctrtiii atHs.