New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-08-05
THE ACCUSED BROKERS.

THE ACCUSED BROKERS.
JEROME, PATCHELL AND MGIBBON HELD FOR THE
ACTION OF The GRAND JURY-DECIsioN OF
JUSTICE DUFFY.
At the Tombs Police Court yesterday afternoon
Justice Duffy rendered his decision in reference to
the complaint of James Belts Metcalf OF brayton
Ives a. Co., stock brokers, at No Broad-s' aGalnsG
Lawrence r. Jerome, jr. Edward NJ. Patchell ana
William Mc(,ibbou for the alleged larceny of rail-
road securities to the value OF SSI,OOo on tue eve
ming Of July3 The examination room was cIowue vac.
with the friends relatives OF the accused men,
LAWYERS and the police officers engaged IL the case
The decision was substantially as follows: on
July &, 1850, Lawrence Il. Jerome, ir.. and Edward
NJ. Patchcll were aITalgned III this court charged
with larceny by James Belts Metcaf. one OF tne
firm of Bravton Ives d Co.. who alleged that Jerome
and Patchell ielonlously appropriated stocks 10
their own use belonging to the firm amounting 10
the sum of SS7.3S9 30 The investigation OF TINS
charge implicated William McGibbon as an aider
and abcttOr OF Jerome and Patched, whereupon ne
was also brought before this court. The apparent
rcspecta5iy OF the accused persons. the peculiafJ
of the charge and the magnitude OF the amount III
volved required more than a ha>tN cOnsideTaliona
1t appears FROM the evidence that Brayton ives N
Co. gave their messenger package containing
stocks of the value OF TSI3oo Jo 10 NC C Nc
lvered TO c. d. and j. H. Lcrlcndge ~ to'
as securities for loan of $4,000; that the messeh-
ger lost the securities, ana that Telegraph poN,
unknown TO this Court. found them ana thrd i,o
them into the hands OF Theodore L. SahdS, VINO
promptly told the boy they were the property Vi
Brayton Ives u Co., and should be returned 10
completion of the sentence, Dut ran on anu wv
the package containing the securities TO LaWrehee
X. jerome, IT, who was accompanied py MI. Ia' SI
ell. What the boy SAID TO MI Jerome, OF WudI VII.
Jerome said M reply Is not known. Inc messenger
of Ives & Co. Immediately told them OF their 1855
and they promptly, through tue STOCK lnulcaIol
telecraphed the numbers of the lost securities, ana
as soon as possible Ssged circular 0hllnR lDeIal
reward. provided they were Immediately returned,
and also advertised 10 that effect fecaptuia
of the evidence is not necessary.-llow Jerome ara
Patched went 10 Il saloon afier Receiving. inc
securities. their visit 70 patchelfs oihce ther Jour
nsy to Harlem their return 10 lWehty~Jn'ru-st,
thar placing the securities the hands OF woman
for safe keeping, and Their meeting WIN MculODou
are not denied by them. For the defence III y CON
tended that larceny has been commit ca or
elonous intent shown; that the finder OF any cndCte
has a night to Keep it Till reasonable reward Is
offered that jerome was uhIeT lIe ii'nueI I 9l
liquor and knew not what lie dld lhat the bonus
were found at tEe close Of business hours on Satur-
ddy the next day wasSunday, the 4th day oil Juiy
and The following Monday was celebrated as the
Fourth OF July, leaving only two secular days III
winch to return the securities fOr tne prosecution
Il is held that jerome took the Secdfl les nom lhe
telegram boy with a guilty intent; that Idtcheii
acted III concert with nm by burning Ihe enNe'ope
on which were written the name ana ADDRESS OF
Brayton Ives Il Co.. and that his suose-
oucntlv Introducing McCilbbOn 10 jerome
TO negotiate the reward makes them all cupa0le
The prosecution also maintained that Mcuipooh
erred III not insisting on tue immaculate return VI
the securities his giving to Patchel who was I'M
der the influence of liquor, check Tor PoOo, ana
carrying the securities 10 New-JeIsty, are evidence
his cupidltV, and that III DIS Zedl 10 seINe Ills
friend Patched he sacrificed himself.
So far we have underworld 20 g,ye synopsis OF
the arguments advanced and If drunkenness were
an excuse for the commission OF an oheLce, we
should certainly discharge jerome. But the law
saws that a man is responsible for the
natural and pr0Ximate result OF his act
We deem it opposed TO public policy to hold that
the finder or receiver of anything lost can keep IL
until liberal reward is offered. Honesty suggests
the opposite course; CONSCIENTIOUS man should 90
TO others as he would have others do TO MN. Bray
ton Ives d Co. should have been relieved OF their
anxiety by jerome and Patched, aud McGlbbon
erred In not acqualutlng Brayton Ives IL Co. with
his know ledge of the securities, as immediate IN
formation to them would have relieved them OF
their anxiety, and met with the approval of busi-
ness men in general. We. therefore taking the EVIL
dence and arguments into consideration. believe
there is probable cause to hold them for the action
of the Grand jury
Bonds were required OF SZOOU eacn, ana tney
were Immediately furnished.
CHARGED WITH ASSAULTING A WOMAN.
Cries of "Murderw "Policew were heard on
Tuesday night ut 10 o'clock IN the lumber-vard
near Motifs dock One-hundred- land thiTty-titth-
st. Officer Bell. of the Central Park Police, who
lives close at hand, promptly responded and found
man bending a woman. on whose throat be
had firm grip. In his other hand he held stout
walking stick. with which he had beaten the
ugly gashes i'll her scalp. Both were taken to the
police station, where the woman's wounds were
dressed. she was then sent 10 the Ninety-nlnth
Street Hospital. She said her name was Frances A.
VANISH age thirty nine. of No. 10 Eizabeth-st.
Her statement of the difficulty between herself and
her companion was to the effect that he had
acted as her confidential agent for a
number of years; under pretence or
another he had succeeded in obtaining a
transfer 10 himself of all her real estate. Several
DAYS ago he expressed desire to possess himself i'll
the same manner OF her jewelry and other personal
| effects, but she had made up her mind TO retain
| them herself. She believed that he had medi-
| tated numbering her when he enticed her TO the
lonely place where he had assaulted her. They had
| taken a ride on street car to Harlem Bridge to
talk over their recent misunderstanding, and under
! the prctence of beng more by themselves her
companion enticed her into the lumber ard. While
sitting on n plank he suddenly attacked her with
his stuck. The police surgeon did not think any
serious consequences would result from the assault
The man gave his name as Eli Steclel, aud SAID
be was the chief clerk of the ST. Denis Hotel. For
twenty years, he said, he had been on init
mate terms with Miss Vanvisn. for whose sake
he had deserted his wife. They had quarrel re-
GENTLY and they had come uptown TO have quiet
talk and try to settle If. few minutes after seat
ING themselves on the lumber pile Miss Vanvish
drew revolver and tried to shoot him, and TO sage
himself he had to strike her with ms cane. The
prisoner was locked mp in the Harlem Police Court
YESTERDAY until his victim should be able TO appear
III court.
REDUCING POLICE EXPENSES.
Police Commissioner Mason, when asked by "a TRIB-
INr reporter yesterday to state why the oIIcc OF
Hmm