The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-07-05
AN ALLEGED KMBEzzLER.
r. a. Calhoun Arrested In Newark on n Re
auI.lIIon from Gov. KohIn.nn.

Edward s. Calhoun, treasurer Of the
Peters-Calhoun Company Of Newark. was ar
rested In Newark. yesterday. by Detective Dor
sey Of New York and Detective Stainsley Of Nrw-
ark on n rcquisition from Coy. Robinson. Call
houn IL accused Of embezzlement and fraud.
He was found 10y the officers At his wife's resi-
dence in II Ugh street. While the officers were
on their way to the railroad depot with their
prisoner. George Peters. Superintendent Of the
manufacturing department Of the company. told
them that had he known they were about TO
apply TO Gov Mcclellan To have the requis ition
signed. he would have torgraphed the Gov
"rnor not 10 grant The app ieaiion. Tn" accused
man IL the son ~ Mr.. phiio G. Calhoun Pros o.
dent Of the Fourth National Bnnk ~ Nrw York
lie had charge Of the iet"rs-Cthoun Conn
pany's ofilce AT SO Broadway. New York. and
from that company. It is alleged. he embezzled
during the past two years sl0.3iIn2.
Ihe complainant m the chse is Adrian H"ce-
man. eN-Prcsidrnt of the corporation. during
whose term the all.ged embczzlcment wHs
IN most eases for cash, without making any en-
try upon the hooks. In this way h. secured
the greater portion OF the stolen money. In
other cases. il is alleged. he made entries Of
snes in the sales hook. marked them paid. but
failed 70 enter them IN the -cesh book.
by the officers in Newark for an inventory IL
the goods in the New lork store. lie
simply Furnished pencl memoranduw.
woulG furnish the dctaiied TENS an
other time subsequently he alleged thnt
he had lost his memorandum book in an
omnibus while going To tine factory. Tho book,
however. was taken 10 his homo and delivered
hy his wife to one of tho officers Of the company
after her husband disaupeh, I'd. This wear
Calhoun produced an inventory which footed
up $500, wh"reas the stock IN hand. il is as
serted, should have been sl7OO0. Tho differ
encr between these amounts. together with
about $4,000 m money. make MP the sum of his
alleged dpfacHtion. Calhoun sni ilrd for Iu-
rope hy- the steamer Algerip registering "a
" f.. s. Shields" He carried with him also 80
belonging to his wife, and wi irh had boon
necessary household supplies This WAS the
only money she had in the world. and had il
not been for her fniher-in-luw her household
furniture. which had been pur 'hasrd on the in
siallment plan, would have been taken from
her.
Calhoun is about SO ycnrs oi age. Several
yenrs ago he heram" associated Ms a general
partner in the firm of Hoover. Calhoun x Co. ol
New York. lie misapprnpriHt"i money of the
company amounting 10 about $40 600. Tor which
he WAS turned out II the firm. His father WAS
n special partner, and mude good the deficit.
Edward then went To Montana where he re-
mHinpd for two or three years. His father i'm
portunod by Elwnrd's wife. brought him back
10 New York gave him position In the Fourth
National Bank, whore he discharged his duties
faithfully for u year. Then hc was placed on
probation as clerk with Hoover, calhoun X Co.
for another year, at the expiration of which
tiOn, he WAS rcin-tated aS a partner In the firm.
He remained with TIE firm until the organ i2a-
ton Of the Peters, Calhoun Company Of New
ark, June 6. 1874. He was one OF the original
incOrporators. and the board OF directors
elected MN treasurer.