The New York herald., 1877-11-04
GILMAN'S VICTIMS.

PROCEEDINGS IN BANKRUPTCY BIZ THE UN-
FORTUNATE RECIPIENTS OF HIS BANK AND
INSURANCE SCRIP.
Anumber OF banks, Insurance companies and others,
who have suffered by the scrip forgeres committed by
Mr. @. Gilman, who is now convict in Auburn State
Prison. are sndeavoring to have their claims adjudi
Gated before register bankruptcy, and have united
in petition that effect. Mr.. George 8. Coo pres-
dent Of tho American Exchange National Bank in his
anidavit says that tho banks claim aggregates
S7I,3s 55. In the months Of August and September
the bank loaned advanced Gilman 81, ,O00 for
which amount the latter gave 70 The bank several
promissory notes; that the bank has received on ac
count Of the Indebtedness, $l,616 45, being the
amount OF balance TO the credit Of Gilman n . do
positor. Tho bank holds security thirteen shares
Of the capital stock OF tho Leather Aanufacturers
National Bank; twenty shares OF the capital stock
OF tne National Bank Of Commerce. and also
certain certificates OF Atlantic Mutual Insurance scrip
purporng TO amount 10 $S7 900, but which havo boon
altered, forged and raised oy Gilman from small
change National Bank, standing In tho name Of Gil
man. He Is unable TO state exactly the value OF the
securities held BY she bank as collateral, but believes
the amount will not exceed $50. .000
COMMERCIAL AUruAL's LOSS.
Henry ID. King. secretary OF tho commercial Mutual
Insurance. Company, makes afidavit that Giimans
debtedness TO the company IL $04.2S o. Al various
times between September 20 1870, and september 80
aggrega,ng $77S00 his premlssory notes. payable
on demand, with interest and secured BY pledges OF
bank stock After credng The proceeds Of certain Of
the satd scrip sold and applied TO the payment
bar 10 balance due Of SEA 2sl OF He further states
that following certificates, pledged 70 the company
for security, are still In us possession One certia.
cate pledged April 1877 sixty shares Of Metropolitan
National bank stock, but which proves to have been
altered forged raised from shares, OF the par
value OF 5000 Nine certificates OF Atlantic Mutual
insnrance SCRIP altered, forged and raised by Gilman
as folows:-One certificate pledged September 10
1876 purporng 70 be for So CO., rassd from sso one
for $1,000, raised from $40; one certificate, pledged
June 1877, purporting 70 DO for raised from
ing to be Tor $40 raised from $l00 certificate.
pledged July IL, 1877 purporsng 70 os ior $4,000,
s7s i ss s
porting Sos ss'1a' 70 ). For 5000 from $500;
Ons Onsuor,ns 70 s. for raised from sloo ono
Certificate, pledged September 10 1877 purportng 10
be for tIooOO raised from $1,000; one certificate of
New YORK Mutual Insurance. company scrip Tor 5000
The present market value Of the genuine amounts for
whicn the ABOVE certificates were issued s estimated
At ~ BOl and II DO credited against Gman's
Indebtedness to tho company u would reduce u 10
SOL 480 " In addition 10 the above there were also
Comranys scrip In the aggregate $780, but this
company refuses TO allow them TO bc transferred,
estimate Of the value can DO placed upon them at
present
Another creditor is Daniel Drake Smith, OF Engle-
wood N. J. His claim is SO, 663 a tor
ioans Of money amounting to $2s,5O0, from
May, 1875 TO April 1877. on Giiman's prom
issory notes and secured by pledge OF
Gilman has paid on account S., 900, and tho proceeds
of bank stock amounting 70 $1,000 has also been
credited as pay ment account. The certificates OF
Atlantic Mutual Insurance Company scrip pledged BY
Gilman and in his possession are as follows, but all
man:-Ono certificate purportng 10 be for $4,000
raised from $50; certificate purportpg TO be for
x5 O5O raised $780, ono certificate purporting TO
DO Tor Al 900 raised from 500. Tho genuine amounts
for which tho certificates issued aggregate
43S0 and Whatever realized by Mr.. Smith will bs
credited to Gilman.
I Hiram Fisher, Of westchsster, has claim for
$3.50 81 Tor money deposited With Gilman between
May, 1875 and August, 1871 with intcres.
The claim OF the last creditor who unites IN the
petition is ior 5000 46 by Mr. Cakins OF New York.
who bought December 1876, and paid for, 81 900
worth of Pacific Mutual Insurance scrip and S79O
Commercial Mutual Insurance scrip, amounting 10
$3O50 40, which Gilman never delivered.