New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-07-10

VINO lS also charged with cOmpilclty III tne
alleged larceny. The prisoners were again in
| the TOmbs Police Court yesterday. Mr.. Me-
Gibbon made a statement, which is not very
clear, about what he knew of the lost securi-
ties and where they were kept.
HOW THE CERTIFICATES WERE KEPT.
Mr.. M'GiBBoN CONsULrED-wHAF HE AGREED TO
DO FOR HIS FRIENDs-THE SECURITIES LRpr
WITH A WOMAN IN HARLEM.
There were unlooked-for developments in tho
PatchellJerome stock larceny yesterday. IL
had been hinted on Thursday that another stock
broker was implicated in the affair; and this per-
son, William McGibbon, recently OF the firm Of
Young d McGibbOn, dong business at No. 80 Broad
ST., was arrested yesterday by Inspector Byrnes.
The arrest was made at the instance of James Bett,
Metcalf, of Brayton Ives IL Co.. who made
affidavit that Mr.. McGbbOn had knowingly
assisted in the alleged larceny. The sources
OF his information were statements made
to Lin by Lawrence X. jerome. jr., and by
McGibbOn himself on the morning that the arrests
of Jerome and Patchell were made Atdayits 10
the same effect were also made by jerome and In
spector Byrnes. At p. m. Jerome and Patchell
were taken to the Tombs Police Court from Police
Headquarters. McGibbon was also taken into
Court at the same time The bearing, as on the
Justice Duffy. Both Patchell and jerome looked
much brighter and more hopeful than on Thursday.
the change in Jerome's appearance being most
marked.
Ambrose II. Purdy, counsel for Jerome and Patch
ell, stated that he was not yet prepared to offer
BAIL and requested that the prisoners be again
manded he also named Thursday, July ID, az tho
day for holding the examination. Justice Duffy
acceded to the request and ordered the prisoners TO
return TO Police Headquarters in the custody Of
Inspector Byrnes.
Turning to McGibbOn, Justice Duffy told him that
he had the privilege of making statement but
that he not required to do so. Mr.. McGibbon
is man of small stature apparently thirty-ive or
forty years DID, and Yesterday was dressed In
mixed business suit. He replied that he wished to
relate his whole connection with the case. and
thereupon made the following statement winch Is
incoherent and contradictory:
'On Tuesday morning Mr.. Patchell came into my
Office and said he had good point on Pacific Mail
short and asked me if 1 would sell 1t for him. |
noticed that be had been drinking. and so told
him. to put him off. that by-and-by | wonld.
Then he asked me if would 20 down TO his office.
and told him | would At the office he asked mo
if | had seen the notice of securities having been
lost When he told me that Brayton Ives Il Co.
had lost large sum in securities. and that an adj
yertisement had appeared IN The Herald, replied;
"'You can't make such q fool of me-
rites having been lost before thatW
mo- The telegram came over the stock indicator
to my Office but went out to lunch early, aud then
| down to Coney Island with some friends Ihero
were several of PatchelPs friends at his office w0en
we reached there--among them Lawrence H. Jerome,
ir Patchel asked me to loan hIm Sooo
| to assist HIM In making stock transac-
ton, and | let him have the money Al that
time l did not know that be had any.
thing to do with the lost securities. Ab0nt
3 o'clock he said he wanted to open his mind TO me
that he knew where the stocks were; that lady
had them. If anything should happen. he added.
! he would be III bad tx. He SAID that he wanted mo
TO help him Oat of the scrape If could aud that
| if did his mouth would be shut forever
~ want you to hold the securities oyer night
| he continued, and III the morning VIII return
them to Brayton Ives & Co..
"I told Jerome that would split upon him il no
didn't put in his friends. These were the securities
Justice Duffy. DIDN'T you SEQ that there was
something wrOngF
| wrong and remarked TO Nj. jerome that II was
careless way boys had of delivering stocks My ir-
terest in the matter was simply to help Mr Pachell
home-there were several Others III the ofice-hr
Patchell said he had some business To
transact with me We took then a'fSSaN'ea fTs Sn
the elevated road aud went up to the terminus az
the Harlem River Here they said, the lady who
had possession ofithe bonds lived, across the bridge
Mr.. Jerome went to this lady's housc-three or foar
blocks away, they said-aDd returned IN ABOUT
twenty-five minutes with package wrapped III a
boarding house In lwenty-thTd-st
MIR Jerome took the package from his pocket
gave it TO Mr. Patcnell and told him to give It to
me. asked if there was any harm IN opening IT,
and they said certainly not. When / took on tho
piece of paper. 10! there the stocks were. Mr Je-
rome then wanted to know what was the best thing
to do with them. sald You would not blnr
your good name for this money! No. ne sald'
would not
them over night tuesday. They came INTO my
possession at about 7:}O p. m, and were returned
next morning about 9;30 a. m. In a conversation
at Mr. Patchelrs Office on Wednesday morning,
| remarked that there was something wrong
about It: oi1 NJ, potohol, .Ioon ossrro Won that
telegraph messenger boy gave the package to Mr'
Jerome r g., -...
and Mr. Jerome ale IN conspiracy; they nave been
speculating and have taken this means to raiso
80 rs bad business said Mr.. Patchell.
Then said would not tell anybody what L
knew If he would return the stocks to the owners.
Mr. jerome came into the office, aud Mr. Patcheli
and one or two of his friends went out leaving
Mr. Jerome and myself alone. Mr. Jerome thea
asked me if / had thought any thing about tho
securities. sald that they had been deposited with
the Safe Deposit Company Then he went on to sug-
gest that they might be showed IN with other
securities or. possibly, sent 10 England and nego-
tated there. made inquiries concerning tbe iadyt
and he gave me a description of her, Mr. Patchell
not coming back, went down at = O'Clock IN tho
afternoon and again at for the purpose of ascer-
tanning if he had returned the securities. The next
morning Ihursday) went down to Mr.. Patchel's
office again to see II the securities had been re-
turned, aud subsequently to the office Ot brayton.
Ives IL Cor
Justice Duffy" Had you not seen an account of
the arrest of Patche and jerome T.
Il had not seen the morning papers; never read
them until after l reach my office IN the morning
Ii Is my firm belief that Mr, Patch6 intended, tho
last time l saw hun. to return the stocks 70 tho
owners"
Justice Duffy" How do you account for his not
returning them without delay ~
"Weli, It ought to have been done. | told my
wife, on reaching home, of the scenes | had gona
through, and she said the best thug TO DO was 10
return the package at once 10 BFaytSn Ives Co.,
and TO request them To ask 10 questions
| Ar tha of the nr,Soupl's JuSfc9