The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1890-10-27
A STOCK BROKERS' DOWNFALL.
Forged Notes for Thousands and Now
fllHi Fugitive from j II slice. 1.N.

| H"beu Notes LOT Ihousnnus and Now
Fugitive from Justice.
DRocKToS, Mass, Oct. 26.-Charlt
W. Robinson, clerk Of the local Munic
pal Court and owner and manager OF
stock exchange, ID a forscr, and hi
gaina will probably reach 100000. Til
last seen Of him was on Friday nite,
noon. That he is n lorger Is confession
from hls own lips made In the presenc,
OF lawyer and his partners. 1T :"
There was tremendous sensatio,
when tho fact became known in th,
business portion ot the city aud there /.
much uneasiness as 10 the result of his
criminal operations upon certain bust
ness houses. His acts will reault in tht
ruin Of moro than one man, and othert
will DO heavy losers. --''7,''
Robinson opened Il stock exchange in
!he Homo Bank building in November,
1854, aud managed the same for Sew.
mour, Baker Il Co., New York brokers
until the latter ceased to exist two wears
ago. From that time up to last January
he has run tho exchange on his own re-.
sponsibllity and appeared 10 10 making
success OF the venture. 5I y
pUrED ny RoDlSsoN.
Last January he took in as special part.
ner sewsll P. Howard, a retired bust.
ness man OF considerable wealth. It is
needless to say that he is heavy loser
by Robinson's forsefies. On tho lst OF
September he took in another special
partner, Emerson Goidthwaite, a retired
pharmacist, who is also very wealthy
man. The firm continued 10 exist until
the prcseut week. Then 1t was violently
dissolved by the startling exposure OF
Robinson's reckless conduct. Mr. Goldth.
waite was net very anxious to 90 into
the partnership, but after urgent sp.
peals consented. Robinson showed him
books which apparently proved that he
was doing business OF about $50 900 n
year and Mr.. Goldthwaite, thinking the
Investment paying one, put in 5000
His Losses will amount to more than
twice that amount. 5GI17 :
The extent OF Robinson's operations
became known last Wed nesday, when
one OF his partners produced a pile Of
notes with forged names, and handed
them to, him one by one, askins in eacn
case: . - =
Did you sign that?"
coRNERED THE FoRaER.
Robinson turned pale and gssped for
breath. Then after long hesitation he
confessed that all were forgeries. When
asked TO explain himself he looked ter.
rlbly depressed and nervous.
This is worse than ten funerals" was
dis hfss remark, aud his partners looked
as though they agreed with him. Oue
OF them took him to TASK for his crime,
and the forger replied: - i.
~ am very sorry, but ctuld not help
Robinson WAS confronted with the
proof of bis rascality, and then he broke
down aud sobbed. SO ,I'-. N.
u am one OF the blackast -a-cals YOU
ever saw-sen thousand tim.s blscker
than you know" -
DC promised to disclose everything,
and said his brother.in-law, Kelly, a
Boston commission merchant, would
help him out. Last Saturday Robinson
vent to Boston and closed the firms &C
count with John S,etson, payin. S. 900
and taking up s. 900 note which, it is
pre- snned, was forged. He hud sis 900
Of the firms money in bis posse sion,
oLt What ne did with the remaining
$1,000 is not yet known.