The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-01-18
FORGERY IN WALL STREET.


How Mr. Ccniicmnn Grown nourht Gold on
Check Certified ne Drawn by the Prc-i-
dent of the New York Life Insurance Go.
Wall street was again star tied yesterday
afternoon by the announcement OF another
heavy forgery. This time the victims were two
prominent stock brokers' aud the Union Trust
Company. Tic forgery was most iuceniously
contrlyed. and the perretrator showed an
almost incredible knowledge OF tho in
eide OF tho Institutions which no con-
nected with the affair. 1t IS said that the
brokers will be unable to make the amount
rood, and that The 1r st Company will have to
bear the btunt OF the loss.
Some days ago centlcmaniy- appearing strnn-
ger named brown called on Mr. George l.. Max
well. at 10 New street, and rre4entod n letter
pufporiins to come from Morris Franklin, pres-
dent " tho New York fife Insurance Company,
and desiring to have Mr. Maxwell transact their
financial business on the street. After two In
terviews, Mr.. Maxwell made an arrangement
with him, and on J N. Mr.. Brown presented a
check for tGi00), with which he opened an ac-
count. The check was that Of the New York
Life lnsurance COMPANY. aud was drawn by
Morris rrauklin, President, on tho Union Trust
Company. and was duly certified by that in.titu-
tion. 1t was given t. Nr. :. |. hood. banker. 1t
10 New street. with whom Mr.. Maxwell hal an
once, and deposited In tho Meclnhcs B,ui -
Association. on Jan. Mr. ~, wn or.lri j
5000 gold to be hourht. rhr gold W.. d".iy.
cred to Mr. Brown. who took u pnd the d.r'r-
cncc and dcpnrtcd. Nr. Maxwell concentrated
himself on the good customer he had .eclrol.
and thought nothing more % tie mttier.
On Tu,sday the cashier Il the New York Iifc
Insurance Comrany, while looking over the re-
turned vouchers. discovered this check for
sii.OO0. ard another of the me lte nni rum
bef f0r sijo.0OJ On reicrrins TO the check book
he found that the "stilh" s..t.el with the larger
check rrcsident IL u,iin sea, .tni for. ana at
once pronounced tho chc Is III sGi.OJJ 10 be a
forgery. The ca ck l.Wti executed. ana the
for-erg OF the rrcsidcut's name startling in Its
perfection. TIE Union Tra-l COMPANY was IL
once notified. ant tho c shi,rs il that he c-rti-
n ID the check on Jan. ., believing It to be
genuine.
MIR : H. Blood a IRON incat member Of the
II okbn Yacht ,lup. Wa rather nervous es
tvr4 Y afternoon. ruu declined to- ciSe lie
~rN reporter any Information. nneeinr tha; 1t
would interfere With the steps winch veTe 4
r.n,,u- f,r..r H. ul,Iiy '..i,i,. ned INC ,he
fac;- were - % ted above a. regards the
emou' I. tut declined 20 Give tur name OF the
part' m'i. i'e ne insii witl Nj. xveil y
not -e II Nr. Maxwell since / = VI
Toward i. VI. Yc-ietda> a message was sent
ned cncrk. g.. IL. W. for spyD. drawn 1y
Nets ". /. Ilrcn y Dp.o on tle Rank of New
I ! lN.U ~
hi- n de the excitement on tho street sI1l
\ ncm,cr u the firm of ". r. Hatch Co.
! s.ii TIA; r. R1oI rnusNt SpisJ in gold 4
tn" ,n 800. .. .Ua q 90 ieif -ulI TO ltItl4rI-
! au' r1r~u. 's9 -nvr bnoa'- "a me. lu-fcad II
/ gold checs nn tne Hank of NeN York. which
,coi i t2pk a"t Pa Tor boGd % c,ii.d on
asked to the gold check, tnat he might see
vii 4 endorsements were on IL, lhe check bad
the tank Of New l0ri, to see about IL. At the
bank they said that t.c check had not coale Ia.
Tue bank certified tue check on Jan. B. o. the
same d " tue god was oougnt sud debiled 20
Hatch co. IN tho usual waN The nrr ~ once
stop ed It's payment and pat tho message On
the wire. Tie stopping thi $3.50 reduces the
loss by that amount, and II oihrr checks OF a
sinil r n .ture are odt which however, Is not
likely. the loss Will he farther reduced.
Ine foresr ha- evidently I'D trouble IN no.
gotiaii tins check, for II was Offered dly ur
TWO ago to Horace MANUEL y Co., but they de-
clined to Ike II unless the enuorsement was
Mr.. King, the President OF the Union Trust
Company. was very r. tif Mt when cal'e upon.
lie admitted the loss. Dut would sis nothing
further except H. 4 tney we're on the track OF
tho tor.Cr. and Thought THAI they would catch
llm within twenty four hours. lie said that he
dtt not want the papers to- get mold - a. AMI
appeared surlt,-fd when the reporter OLD hlm
tnai hc hri tle VII l!e story, ult onlJ wanted It
Mr George T.. Maxwell la heen member OF
| the stock Exchange Tor nlte"n ycaia. He Is
| nrotler Of John -. Il Swcll, II tne hrm Of
CLARK. ID 1deo & CO. lie disappeared ytsterday
afternoon. and he could not be found AZ his
| oilce. at 10 New street. lie lives AZ - vest
tveniy-third street. with his brother. Early IN
! ihr cv. nlns hs was not Al home. out Mr.. John
| - nxwcli SAID that he thought tnat he WAS
busy on tue trail ~ the foIscf. Inc reporter
Ws. 'old later that Nr. Msxwel had been
knocked down and badly hurt IN tho ler and
| fp0f. ani coud not be seen.
Detective sun son has the matter IN ch r.c,
| end u j. said tnat n has identified the uan ~
| o wsli-kuowu and shillul operator IN forced pa
per. IL Is tnought tnai he l. sill IN The clly.