The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-11-10
GAY YOUNG ROGUES.
How They Managed to Squander
Several Fortunes.
SCHEMES FOR FUTURE FRAUDS.



the Minneapolis Bank Leads to q Plot
for "workIng" English Banks - Their
Game Is Now Checked.
NEW YORK, Nov 10.-The arrest in this
sity of Louis Floyd, of Minneapolis,
,harged with being party to the $4,000
robbery from the Bank of Minneapolis on
Sept. ., will probably bring to close the
knavish career of one Of three parties in the
act. The two others charged with the rob
berry, Phil NJ. Scheig and Frank Floyd, a
brother of Louis Floyd, are on board of
the steamer Spree bound for Southamp-
ton They will be arrested upon their ar
rival and brought back TO this country.
When arraigned before Justice Mead at
the Tombs police court Floyd made full
confession. The three young men have
had careers that do not often fall to the
lot OF men so young Up to the time the
father of the Floyd boys died their lives
had been an uneventful one. At his death
his SONS secured fortune of sc, 900, which
they spent in nine months, spending also
the greater portion of $4,000, which was
left to Mrs. Floyd. No sooner was the
father buried than the two young men be-
came men about town. They furnished
an apartment In gorgeous style, and about
that time they met Philip Scheig, who was
then employed as paying teller in the Bank
of Minneapolis. Scheig possessed horses
and lived like man enjoying an income
Of S,5,000 year, and his habits created
considerable talk. The three men became
fast friends.
About this time young man whom
they knew became possessed of a fortune
OF 81 100000. This was Frank Byers, then
about 10 years old. Most of his money
was held by the Bank of Minneapolis in
trust, and of course Seheig was in posi-
tion to know all about his financial con
dition. Byers was taken up by the Floyd
brothers, and for time the quartette
lived at the Floyd apartment The four
had a box at the theater almost nightly,
and by their lavish display of jewclry and
money made many friends.
By persons in IA position to know it is
stated that one of the Floyds, after going
through his own fortune, signed young
Byers' name to checks, and Scheig as pay
ing teller would pass the signature as cor
rect 1t is thought that in this way Byer
was multched to a considerable amount.
By arrangement with SGheig the Floyds
went TO st. Louis the latter part Of last
August Scheig ON the day previous to
Labor Day Sept 3, coolly took $4,000 in
cash from the banks vaults, together with
q lot of jewelry deposited as collateral,
and flew. Joining the Floyds in st. Louis
the three friends purshased an outfit that
would have delighted the fancy of the
most enthusiastic and visionary woods
man.
Then they started off on pleasure yacht
for a long cruise in southern rivers taking
with them a negro servant They also
bought and sold horses ON the road II an
animal for which they paid 500 did not
come up to their expectations they would
turn it adrift. Their negro servant made
q fortune ont of the rich tips they gave
him. He got 81 for every quart of milk he
brought int camp. Tiring OF this they
decided to go abroad. Louis would have
totned the fugitives by the next steamer.
When the s9O,OOO loss was at first dis
severed it was thought to cover every
thing, but subsequent events and admis-
zions made by Louis Floyd go TO show
that scheme to defraud English banks
was about TO he worked, Scheig II is al
legged before he left the bank, tore out
several drafts and put the certification
stamp upon them, marking the stubs
void. IL was then intended to have Frank
Floyd I'LL in the draft to any amount suit
able 10 themselves and Sign the cashiers
name. Scheig had carried away with
him considerable of the banks letter
heads, and being familiar with the secret
cipher used for Identification purposes
with the Great Britain correspondents it
would he an easy matter to have several
drafts cashed before the fraud became
known.
Another method of securing funds was
TO have Frank -+loyd, who possessed a
. iSrge amount of personal magnetism, visit
the nearby oities and make friends with
swell young men, whom he would invite
Tn visit them. When any one did come,
and not few took advantage of the inyi-
tation, they would be introduced to a game
OF poker, where marked cards, mirrors and
svery other device known to swindlers at
play would be used. In this way they
managed TO make considerable money.
Seleig, the principal in the bank rob
berry, is the son of q prominent man in
Minneapolis. few years ago he gained
considerable nOtoriety through his secret
marriage to Miss Louise Barge the young
est daughter of Millionaire Barge, of
Minneapolis and again by his being
plucked' for several thousand dollars by
gamblers while playing game OF cards
Bayonets In the Court Room.
BARDsrowN, KY, Nov. l0.-'fhe negro
Eyans, charged with assault on Miss Edna
Hall, was taken from the jail secretly and
escorted to the court house TO staud trial
for his crime. Soldiers sat in the rear of
the court room with fixed bhsonets, ready