New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-08-08
MIR. woTHERsPooN's FoRGERIEs.
ALTERING A BILL OF EXCHANGE
TXTRAVAGANT LIVING.

FRATDILENIL1
EXTRAvAGANT LIVING.
II NOT been lcarnc cd that the forgeres byDayid
OGDEN Wotherspoon, broker IN foreign exchanges
at No 45 Wiiam-st., whose suicide was concealed
nv his family, extend beyond the one bill OF OK,
change for $4,000 sterling fraudently obtained
from the Queen Insurance Company.
Tho following statement of the irregularities IN
which Mr.. WOtherspoon was concerned was CON
concerned. On March II. Mr.. WotherspoOn pur-
chased from Queen Insurance Company, OF
London. a bill Of exchange on London ipr
81. 900. The day after he asked to have tho
hill changed into two bills-Ono for "a 600 ana me
other for $1,000. This was done and Mr.. W0thhr
noon tore up what was apparently tho OH Oflgl-
naIly issued Ii turned out subsequently thaI the
b Ii torn up was counterfeit, and that the deaa
Broker had altered the running time OF tho Dill
from sixty to seventy-two days ana used lle gelu-
ipe &c, 900 bill to borrow money on Inc Yueein
Conuauy saws that It will lose no money, az the al
terations of the 10000 bill rendered u forgery;
WotheIspoOu also, few days before ms dealn got
a bill of exchange of $500 from tho Hong Kong
and shanghai Banking Corporation, at 20. 10
Wilham-st and sold II without returning the pro-
ceeds 60 the company. , o. -
On the first bill drawn by the Queen Insurance
Company. after he had changed the time from Sixty
to scventy-twO daya. WQthersP0oh poII9"ttu
about $50, 900 on call from the BANK oil INC otito
of New York II was not an unusual TRANSACTION
and moreover Wotherapoon had kept an account
with the bank for many years. some OF the oel-
GERS of the bank had known nm lntilnh,eIy Iol
twenty years. On Friday previous TO ms death on
tuesday the bank alod the loan ana on 'lio ny
dav. mn no attention had been paid to tho demand
n clerk was sent to bis oihcc 10 renew 'he cali
MIR Woihcrspoon waq not there aud President ~
wards AT once sent the bill ot exchange 10 nc
Ouccn Iuaurance Company 10 learn II II h1a pe'h
properly drawn. II VAS pronounced genuh, Wv
officers Of the company aict IN w XIX
The company scut word 10 tho bank thnt th' nv
had bcrn found To- hc fraudulent. The question 80
f." helubllty of lhc lomof Che insuianc, compHnS
ar tha hank H. likely to bn tpacd ~ ihH roul' q,
1ln company contend That thc ball vn' forged 9nl
tlIt IT. uar. lorc g. relieved oi tctppnbbiliiHNll@
/ Al Itt fran a a.
ufauat tine company watch nhoald "ll'' tue ''"'
/ truurut damage, t ,i.ot
! While there are good rciaona for huppoHuR iupt
| Wothti p11n lost money IN speculation ia 2lv'h'
! and oil, polhous intimately acquainted Wilh MN
| for mant years, Expressed doubt "holh, lH'''
! lo..r, had been sufficient 10 cause mn 'hh ill"'
| ment Z prominent banker remarked yesterdays
! Wntb.r4i or. frIm was ir'cuy the coHh,l cA,' o.
his ,ytrty gent style # lvllg H. was u'd = nom
~ 900 o. $40 OuOa yc,r .l h reg hu-ih"-- hl '
has gV Us ll,ci bclout his meu since hr .nl I'u MS
! ftthr's firm If had he u cau ned .h"ui ~, * Ii'"
e,uce s.vreal times by friends 1T lrlp9i III ~
I'm nc 70 yer coul couGu his exp ns"s 10 ms ih'o ''
While know his Wcdkues, never dtea'hed I""t "0
/ could De led into comm ting n crime.