The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1879-01-16
HULL IN THE TONES.

COMMITTED FOR TRIAL IN DEFAULT OF TWENTY
FIVE HUNDRED DOLLARS BAIL.
Mr.. John S. James, of the firm of Field James.
appeared at the Tomb's Police Court yesterday in
response to telegram notifying him of the arrest
of John W. Hull. who purchased from the firm. on
the 2sth of December last. 100000 in government
bonds which he took to Canada. without rem
derng an equivalent. about week ago. Mr..
James learned of Hulls arrival in Mon
trea, followed him there, and through
civil proceeding obtained $4,000 worth of the bonds
After paying reward of $1,000 for Hulls apprehen-
sion he returned to this city just $4,000 out on the
transaction. Before going to Canada Mr.. James
lodged complaint of larceny by trick and device
against Hull at the Tombs Police Court
and Judge Kilbreth, who was then sitting
there, ISSUED a warrant for his arrest. Hull.
not knowing that criminal proceedings had been
instituted against him and believing the settlement
he had made in Montreal final ventured to return to
his home in Brooklyn, where he was arrested on
Tuesday morning last by Detectives Mcmahon and
Irving, of the Nineteenth subprecinct or this city,
Hull was indignant at his arrest and claimed to hold
d release from the firm of Field James fom all
liability to them: The alleged release might have
Canada, but his return to New York rem
dered him liable to arrest on the sworn complaint
OF Mr. James that the bonds had been stolen. Ac-
cordingly Hull taken into custody and the com
plainant sent for to appear against him. Mr. James
was examined by Judge Otterbourg. and stated that
on the 10Th of December Hull came to his Office and
Represented himself the owner of stock in the
elevated railroads which he had purchased at eighty
six. and which then selling above par; that he
had 900 shares of Erie of the value of $4,000 and
that he was the owner of three houses which at a
previous date rented for $4,000 per annum EACH but
which were then rented for 1000 each; that he
wanted to purchase 5000 900 worth of government
bonds-S30,000 outright-for which he gave an Or
der, and the balance to be carried on margin.
John II. Clark, elderly gentleman, cashier Of
the firm of Field James, testified that OH the 2Sth
ult Hull came into his employers office and that he
la~l.l told n i'm fbe hpn wera
them where they lay folded on the desk; Hull took
the bonds, examined them a few moments, aud sud-
denly passed of the Office remarking as he did 80
that he would return in tive minutes with certified
check; witness disconnected at Hulls action,
wealth and responsibility did not wish to seize him
as he would q thief.
AN ALLEGED SETTLEMENT.
Mr. James added to his testimony that his only
knowledge OF the previous character OF Hull was
through his partner; that Hull had some business
relations with them in 1875 and that the transac-
ton under investigation they were acting as Huh s
brokers; he might have said that the matter had been
settled debt in Montreal. and believed
the matter had been settled civilly. but
did not remember having said that he
lawyer and not able to decide what would constitute
larceny. In response to Judge Otterbourgs ques-
ton as to whether he believed Mr. Hull guilty of lar
ceny when the complaint was made Mr.. James re-
piled he did,
"And do you believe he was guilty of the lar
ceny," added the Judge.
ayes" answered Mr. James, ''if taking the bonds
and not paying Tor them is larceny under the law.
The prisoners counsel conended that no evidence
OF criminal intent had been offered, but the Court de-
cided that there probable to suspect, and
required prisoner to furnish $500 bail Tor trial
in default of which he locked up
1t ascertained yesterday that i've OF the bonds
obtained by Hull sold to the First National
Bank, OF this city, by the banking house OF John
Munroe x Co. on the 3Oth OF December, two days
after their delivery to Hull 1t is said also, that
Hull at one time kept account with Munroe Co..
and stood so well with them that they negotiated .
sale OF the bonds for him without hesitation.