New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-07-09
MR. ITEsIS LOST SECURIrIES.
ARRAIGNING THE MEN WHO HAD THEN

ARRAIGNING THE MEN WHO HAD THEM.
LAWRENCE r. JEROME, JR., AND f. NJ. PATCIIELL
IN THE ToMBs POLICE CoUEr-AMBRosN H.
PURDY SAYS THEY ARE THE VICTIMS OF CIR
CUMsTANCEs.
Edward ". Patchel and Lawrence K. jerome, lr.
who were arrested by Inspector Byrncs on Wcdncs-
day evening on the charge ofcriminally appropr at
ing securities lost by Brayton Ives S Co., of No.
BroaA.st. and valued at $S7, 200, were taken be-
fore Justice Duffy in the Tom5s Police Court
Yesterday morning. formal charge was
made against tho prisoners by James Belts
Mec2lf of tho firm of Brayton Ives 81 Co, Am
brose H. Purdy as counsel for the defendants,
asked for an examination. The securities were
produced. and on being identified by the complain
ant were handed over to him. The prisoners were
then remanded 10 the CUSTODY of Inspector Byrnes.
with instructions TO return for further examination
in the afternoon
AT m the two accused men made their APP
pearance again at the Tombs for hearing IN IA pr-
vate room. Jerome is about thirty-two
years old. though much younger looking.
with sandy hair and slight moustache and side
whiskers of the same color. There were traces of
tears upon his cheeks he entered and during the
proceedings lie covered his face with his hands,
evincng great emotion. Patchell is twenty
six years old, and much larger than Jer-
Ome. lie mas HRnU Ddlr uHu NulSfNtIs'
and rank-looking face. He was very pale and
nervous. Both Of the men were fashionably dressed
IN light Summer SUITS There were apparently no
friends Of the prisoners present. While the proceed
nes were going on Isaac Bell entered and took
chair at the side of Justice Duffy.
Mr.. Purdy said the case n peculiar one III Its
character. Both of the young men had hitherto
borne reputable characters. There had been no
larceny committed. attempt had been
made to negotiate the securities and
there WAS no loss to the complainant.
Under ordinary circumstances the course to be
pursued would be to appear before the District
Attorney and explain their innocence But he felt
confident that when all the circumstances of the
case were made known the Court would assist
in restoring the young mems good name. They had
suffered great deal already by the publicity that
had been given the affair. Mr.. Patched represented
an English company George Guy N
Co.. of No. SO Lombard-st London). and
if he could not establish his innocence, his em-
pOyers would denounce HIM as a thief and summa-
rily remove him. In the end, when the iull facts
were known, Mr.. Purdy was satisfied that the nc
cused men wonld appear to be simply the
victims of circumstances. That the securities
found IN their possession was not denied. Inc
loss bad only been advertised III one paper. ana
consequently might have cnded notice. There
were other circumstances. The securities were
found on Saturday. which isn0t much OF 1nslnes;;
as legal holiday MIR PuTdy said ~ conclusion That
a telegram sent to hun by the defendants be-
fore their arrest but al the place where he was, on
Long Island lie could not be reached. He then
asked Justice Duffy 10 remand the prisoners TO the
keeping OF Inspector ByInes untll to-day. when he
would offer bail and propose day Tor the eXaInlna-
tioD
MIR Metcalf replied that the public was eXten-
sivcly informed Of the loss through the press but
he had no objection TO the p0stponement. Inc mo-
tion made by Mr. Purdy was granted.
TRIBUNE reporter called at the oifce OF Bray
ton Ives q Co. Yesterday and f4uod Mr, Ives IN;
was jubilant ever the recovery OF the
securities. The boy who lost them, he
said, was OF their own Office boys.
The package picked up soon after 1t was lost by
a regular telegraph mcssenger-a very young boy.
a stock broker who was standing near was asked by
the lad if the parcel his and he replied that 1t
was not and that 1t should be taken TO the Office of
Brayton Ives & CO. But the messenger,
inS.ead OF acting on the snggestii;Gn, ie,li;nl,
Lawrence jerome, jr.. and Edward NJ. Patchcl. Mr.
jerome said yes, he had dropped II. ard thanking
the boy, put il into his pocket This, Mr.
Ives said was the first clew in the case.
As soon this much was learned thorough search
that he would be able to describe the persons who
took the securities from him. Before the hoy was
found information secured by tho detectives
which made the search no longer necessary.
Neither Mr. Ives nor Mr.. Metcalf would disclose
the facts which cl to the arrests but II Is sad that
an attompt had been made to negotiate the secur-
ties this city. Inspector Byrnes was also reicent,
but he said: You can quote me as saying that men
bad their fingers those securities who had 10
business TO handle them, and who ought to have
gwen information to BraytOn Ives * Co."
All access to the accused men was refused.
PATCHEiL K&OWN IN ST. JOHN, N.B.
ST. JOHN. n b., July S.-Ihe Globe this
evening,. referring 10 the arrest III New-York Of
LdwaId NJ. Patclel, charged with having in his
possession $S7 900 worth Of bonds belonging 10 Bray
ton Ives & Co., says Patchcl is well known in st
John. lie came here few years ago from
The of Ireland, where he belonged and where he
was employed in a banE, and for snort time was
clerk in the Bank of British North America He then
entered the Office Gay. Beyan o. lumber shippers,
ana n short time was seat to NV Iork
t. take charge Of their Ohi.e tnerc. While In
81. john patohcll quite popular young nan. and
there general feeling OF surprise that hc should be