New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-01
FOPGER AND FUGITIVE



THE SENIOR Partner Of 4 DRY GOODS COMMISSION
,,,,..r A. xo 81 IrUNAED-sT. FORGTs NAMES
or WESTERN FIRMS TO TEE AMOUNT OF
s75 O0o-uow TIE FOEGEMrs WE'RE DIscoV-
,,.u-srpposyD FLIGHT OF MR.. swfZEY.
7. vos r,mored early yesterday that john a.
srczev senior partner OF the dry gqods cnli'Ss,o,,
hnnsr Of Sw, zcy & Dart, at No 81 lona.usu.' nad
commlttrd forgeTes ~ tho amount OF FIo,ooV anu
, n ~ canada Some doubt was expressed as 10
th story until if was learned later that an a'Lacu
men; hal been taken out against VIC nm f w.
Rovart & Co for SG2 000 and that me eher Was ~
Doeal. ~, Two oinrr creditors at once got ont
,yr,ts Of tachnon-Olivcr w. Buckingham ~ o 400;
ls1 30 and Oscar IT, SamPs0n wsre ~, ns
~ o,S Yesterday. and they found considerable
stoc< on hand, probably worth TO, ooo. ,,o.,o
A nearly us can be- aSceriaiIlcu IolGoilcS va. J
n, oo,"n,Itt.d M intervals for some time, ana
were found cut by mere hccidehl, az .h' oM'HeP
had nrnirctod the notes before maturity, 10 10 ~
legged nat be made notes using tho ha, itI % en-,
known Wc.tnrn firms, Endorsed them WIN me mn
name of Sw,zey & Dart, and SOFA tnelh tnionen
brokers principally Irongh u ~, D"sar. n MD
ready sale OIL account OF tho names which are those
Of firms of IreaI repute SweHSy &; Dart were
locked anon rs doIno u snug, comfortable business
Lnt H. wa. often wondered how they could obtain
such good pdrer as It was UNDERSTOOD maj some Oh
the hiins never gave paper Tor merchandise; now
ever this was accounted iOf ny INC sldieWclt th'b
tLa firms pave the notes to Obllgc SweZcy d Dart,
who were known 10 have smaii cip'Eh u, hulul'
So large an account that Of the warner WarpS' OF
nrntcrted In .se notes, raising the money 10 meet
them by issuing other notes OF II similar nature.
There are two sto!ies concerning inc manner III
when the forgeries became Known. ono ID that
prouueut Wortii-st. merchant, who IL also dlrec-
Tor m a large bank. heard that some paper nppar,
emily made tvs q wcl-knOwn W estcrn nrnl, lndorSeu
hv SwcZry & bart was III the bank. The ban X III
formed the firm III the West, according 10 panK
custom. two weeks before maturity. that held the
FIRMS note Prior to receiving reply the note WAS
taken np by Swezoy, but Il letter subsequently was
received by the bank stating that tho nrih had no
such note OUT aud If the bank held one IL must Do
a forgery he WUrth-st. merchant Delhe an oc-
,,.sirnnI nurchaser OF commercial paper was dcslr-
GUS of knowing whether SWrIrN ~ Dart Oh I"o
iuuiOr partners OF the Western urn we've making uso
of accommodation paper IN TINS way, ana after "
thorvugl investigation he brought the forgorcs To
the surface. lhe other story ~ thaI a nrhl
h,re a.lnnr goods 10 Western house asked that
house 10 oblige them with note; the mouse sad IL
mayer gave "A nOic for merchandise and could not
maks any exception. II WIS reminded that II hii
gwen Il note To SwC2ey y DAT, ~ Tie PERSONS ask
ING Tins favor ,Ind Srru spCh II not" Tor sale III
brokers Office the a:lcuat beng $1,000. he
Western house then replied that there must De
sonc mistake, ~ II h"u no 'u'n ho,o o ~. NV NV
SwrZ.y on FruAy 10 eXp.tu tn" matter, bnt MI
Swezcy made ms app arancc ana has not Deeh
seen SINCE; llobahiy D"th stores are correct ,1
Churrl-sts. received Dispatch yesterday trcm j.
X BuruhaH. \ Co.. Of II, tIUt, stating tlat a n"io
of theirs vas protested last week IN New-l"rk aud
that il must he forgery ~ the n ha'l no note "i
that daic uuf. II Is sad t'at tins forged note was
sold to the lmportcrs and ! raiders National Bank.
sWczrv d Dart had n vc;E good reputation ~ %
firm. lEcy BEGAN business III 1874 ana nave nIad'
money: tier principal account IL the Peerless
Warn manufactured by amer ~ 90. Nj. S""/'y,
Dccrluhrr - stated mat the htin was worth
~{5 800 all ~ tie business and had Ho horr0"c eel
none, ~ The business.
Mr. Fart II believed to BE- entirely innocent ol any
connection IN the furgcrIcs aad hc met with The
rlrairst sympathy yesterday. lie seems entirely
brokcu down ~ thc Disclosures, and rrlcrrcl inc
r,r,ri,r L. his counsel Edward s. Jones, I"f Ini"r-
niitiOu Mr.. Julc, sad there were a!l"HhtInh" "l
1orgrrlts IT commercial paper up'n when Inc III
dor. ,ln,pi - NNcZry a Dart IL alleged 10 have h'eh
know ledge 81 srr fact ui'!tA the st1'rinrn nadc
To INN by tIr attorney iurt certain attaching cicu,
ItoI; he had seen Nouclci AFFIDAVIT 81 lics, aud
Was not pr, pared 10y any Ia ~" to holnlt 'hhD Il'c
cations were true. iie s"iI inrth'r tna' ~ ll
- Nj Dart was cJnc"Intu no tHai+r h"' " 81 'hauo
AGAINST nam rs any ui,r.
I'm the trade II J, thought the l"ss VIII faii lightly
uunu the general CT, u'pi. 80 t." nrl, as II IS the
llunrr>, n at t!r note h.0hcr, ale toe prlncIIll
sufferers. luc bLlA az 'uudt Of tine htlh wa ca
tiirly cyhIu, .cl a. Y--rI ~ check nh t'r III
z.It.' E.un IT,: 40 Vas returned unpC !. VI.
t.vez,v wa, al tho s;oic FRIDAY morning, but w'nt
away v.iy AurIcdiy and has not bcrh sen sihcr
me suI ji th.4t ne Ia, HE'D 10 AL Ia. ~ ne
is irl, mis- there. IL Is sIli !d tie ana hM lci Ms
wife Know and did not even ttkc rlln.o ~ cl"th-
Ing: he VIC called at the store yeSl"IdF 10 learn
oi ms movements hut wa, unable 10 gaia an' IA
formation; ,nu /, picatiy p.o>tGattd. ar. Sw"A-S
WIS rO:,s.i.rred NcrN domestic man; Er IdH lNo
SONS ana Two dai. aId l. about ,utiy year, ul
age: 80 va, Tor Nr,Is SALESMAN lor = L. Jose
lu pllOi to tie lutterS ialuI6 ~ 1913. lhrlc arc
sryrIu theories a, 20 what h" dad VITA thc money
obtained from tie nVc and II was stated yrs'rr ~
that he had piul,aIy lost Inc most Z" u ~ Si"tuH
f,ou M .ui ton and atJck-. tII. SwtZy hUhc Nds III
New jersey.