Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1890-06-18
Remarkable Story of Robbery,

1Ouu8 NoOert n. wallace 000 IRn0tz
Batch Lowietz, who robbed Wallace's un
Gle and employer, John H. Wallace, pro-
prietor Of Watlace's Monthly, Of $52,OO0
In bonds and fed to Havana, were broueh,
back by detectives and locked up,
We lace tells remarkable story OF bis
downfa and fight with Lowietz. One
day last October Wallace said he met
Lowietz in the corridor OF tho Stewart
building, where tho Offices of Wdllace's
Monthly are, AID LoSietz asked him to
cash q $50 check for him. Wallace cashed
the check. which was on the Woonsocket
Silk Mill company, and was
signed by r. W. Watts. Wallace sen.
the check to the bank, and before he had
time to hear from there Love.tz asked him
to cash similar check for $500. Wallace
accommodated him. Tn, next day the
first check came back to Wallace marked
worthless. Wallace says that when he
asked Loweitz to make good the checks
Lowietz said be had lot of diamonds in a
pawn shop, and that il Wallace would I'D.
vance the money to redeem the stones he
would sell them and more than repay Wal
lace. The latter says that he gave Lo-
wetz check for SLIGO. Loxeitz re-.
deemed the diamonds and sold . few OF
them, but did not repay him any part Of
tie $25U'he had advanced HIM on the
bogus checks.
Then Lowietz said to him: You are in
box, my boy, but I'm going in the book.
making business and will soon be able TO
waMsnA Ak -
bad no luck, but told him OF "sure
thing" on which he wanted to bet $3.50.
Wallace told him that he could give him
no more checks, as the money had run
out. Then Wallace, Lowietz says, showed
him how he could swindle his uncle out of
$2,5O0 without beng found out. He tod
Wallace to show his uncle two CHI cks, one
for - aud the other for $5, and whom ha
had signed the - check to slip along one
for $2,50o and he would sign il without
reading it. The ruse worked, and Wallace
cashed the check and gave 81, 500 to Low.etz
to invest in the races. Lowietz reported in q
few days that Le had lost the mchey, and
Wallace says he then told Lowietz he had
ruined him. LoWietz consoied him by
telling him that the best thing tLey could
do was to make another bold strike and
run away.
You have the keys Of the safe deposit
box where your uncle keeps his bonds,
Lowistx said. Rob the box and we will
leave this town behlud u.s."
Wallace, according to his own story,
thought over the proposition for several
days. He saw no way out OF the trouble
he had brought upon himself and concluded
to take the final step. Lowietz accom-.
pauied him to the Bankers and Merchants
safe deposit vault, but remained in the
street. Wallace took $35, 900 10 bonds out
Of the boz. They found broker
who hypochecated eight $1,000 bonds
with vermllyea h Co., and $4,000 OF ser.
sey Central bonds and $4 900 Of Burlington
L Quincy bonds at . place in Wall street
where brother Of Lowietz worked. They
boarded the Havana steamer al night and
bought their tickets on board. Wallact
sailed under the namo Of E. A. Collins and
Lowietx took the allies Of G. B. Lewis
In Havana they engaged Lswer Miguel
Genner to defend them, and whom arrested
Wallace gave Genner 81 ZOO IN cash and
two 81 600 Rock Island bonds.
Inspector Byrnes says that be will soor
be able to restore to Mr.. Wallace about
327, ,OCO Of the 81. 900 stolen. The pris-
onsls have been indicted BY the grand jur.
for larceny ana burglary in tho second de.