Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1891-06-19
H. H. Yard Arrested.


place that Fl. H. Yard, prominent
capitalist of Philadelphia, had been
arrested for completely in the heavy de-
tslcations of JDo. Bards:ey, the late
Treasurer of that city. As Mr.. Yard Is
the Treasurer and one of the chief pro-
moters of tie Liberty Iron Company, of
this county. this news naturally caused
considerable excitement among our peO-
ple. Below we give such reliable partic-
MARS As we have been able to slft from
the mass of reports that are constantly
springing mp:
PHILADELPHIA, June 12.-AnOther ar
rest has been made In connection Win
the Treasury scandal. This afternoon II.
H. Yard, the former partner of President
Lucas, deceased, OF the Keystone Bank, IN
the seaside speculations, was captured In
Trenton, n. j. The warrant on which
Yard was arrested was sworn out by
TAYLOR Faunce, one OF the expert ac-
countants who are going over Bardsiey's
accounts. The alleged conspiracy between
Bardsley ard Yard was discovered by the
experts on Wednesday. That night the
warrant was sworn out and placed in the
hands of city detectives to serve. Yard
has an Office in this city, but be has not
been near it for some time. He was
traced TO Trenton, and the authorities
there were communicated with, and they
arrested Yard there this afternoon. As
soon as word was received here that Yard
had been arrested, District Attorney
Graham, City Solicitor Warwick, Thomas
Barlow. and Taylor Faunce, of the &C
countants' committee who are examining
Bardsley's accounts, and detective, lett
for Trenton.
TIE warrant on which Yard was ar
rested alleges that public moneys (about
5000. 600 were used by John Bardsley, in
conjunction with II. II. Yard, and loaned
70 various banks in Philadelphia, New
Jersey. and New York for the purpose OF
making gain that the interest accruing
on tSese loans was loaned by Bardsley on
October 8, 1889, to II. H. Yard. amount
ing to $2.1l7.S4; that H. H. Yard con
spired with John Bardsley and placed
the money at interest contrary to law.
That Yard was in expectation OF arrest
and wished to avoid it was shown by his
registering at hotel in Trenton last
NIGHT under the name of Herbert. When
arrested to-day be Immediately, through
his counsel, started proceedings to take
ont a writ of habeas corpus, but the
prompt arrival of the prosecuting officer
of this city blocked tic proceedings.
Yard was given hearing on the aif-
dayit charging him with conspiracy to
misuse the public funds, and was released
on $4,000 bail pending the requisition
proceedings against him.
Application will be made to Gov. Alb
bett tomorrow for the requisitlon, and as
soon as il is granted YaId will be brought
here.
PHILADELPHIA, June 15.-Henry II.
Yard, who was arrested in Trenton on
Friday last on the charge of eonspirlDg
with ex-City Treasurer John Bardsley to
misuse 100000 of the city and State
money, surrended himself here this after
noon, and was released on 0,000 bail for
a hearing. 1t had been expected that
Yard would oppose in the New Jersey
courts the efforts to bring him back, and
his action this afternoon was something
of a surprise. Steps towards bis extra
dition had been taken by the authorities,
but these will now be dropped.
The HERALD does not pretend to know
anything in regard to Mr.. Yards guilt or
innocence, bat it does know that the fol-
lowing from a Philadelphia cOrrespon-
dent of New York paper is gross mis-
statement of facts. OF this let our read
ers Judge after reading the following
"Yard went to Liberty, w Va, and
bought the property of the old Columbian
Liberty Iron Company, comprising
eighteen acres of land and number of
abandoned mills. he organized com
pany,D the charter of which allowed him
TO issue S5CO,OO0 capital stock. All but
$4,000 of this was promptly issued
Yard then let the contracts to himself,
built railroad twelve miles long, opened
ND several non paving mines and went
though money generally. Where he got
all this cash no one knows, but the
authorities expect to find he secured it
through the agency of President Mar h of
the keystone, and that Marsh obtained
the same money from Bardsiey. This
will explain the whole thing, and there
will be little need for John Bardsley to
make a confession"
The property which Mr. Yard purchased
of the Columbia Liberty Iron Company.
at price far below its real worth, is the
Columbia Furnace owned and operated
BY the WIsslers for years, and the Liberty
Furnace of the Newman's, father and son,
both of which had been run for many
years By the above named parties at a
very heavy profit. 10 the purchase was
embraced thousands of acres of fine
timber, and vast deposits Of what
has always been known as the best
brown hematite iron ore in the United
States. 1t is true that Mr.. Yard,
or the Liberty Iron Co., has spent con
siderable money in putting up modern
furnace of large capacity, in building
narrow guage railroad from the Valley
Branch B. & o. r. R., to the furnace, and
in other improvements, but there is not
an iron operator or first class business
man in the land who will not say that
every dollar of this was well invested
and the property ia very valuable one.
Mr.. Yard has made no foolish Investment
in the Liberty Iron Works.
We hope that Mr.. Yard may come out
OF this trouble with clean record, and
will be able to prove that he was an in
nocent participant with Bardsley in his
use Of state funds
Senator Barbour, who has recently been
to Richmond to confer with some of Viz
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