St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-11-10
The FINEST IN The LAND
NOME TOO GOOD FOR PHIL ScHEYc
AND HIS PALS.
A TRIO OF HOT SPORTS

and the Quartette Have
"Time" Which Bedims Any-
thing That Has Occurred at
Monte Carlo In Many Moons
Lou Floyd Held.
NEW YORK, Nov. 9.-The arrest in
this city OF Louis Floyd, of Minneapolis,
Mlnn., on Wednesday, by two of In
spector McLaughlin's men, charged
with being party to the 800, 900 robbery
from the Bank of Minneapolis on Sept.
2, will probably bring to a close the
knavish career of one of the three par
ties in the act. The two others charged
with the robbery. Phil NJ. Scheig and
Frank Floyd, brother of the other
Floyd now under arrest here, awaiting
the arrival of Minneapolis detectives
with requisitlon papers. are on board of
the steamer Spree, bound for Southamp-
ton. They will be arrested upon their
arrival and brought back to this city.
When arraigned before Justice Meade
at the Tombs police court today, Louis
Floyd made full confession, and gave
information as to the whereabouts of
his brother and Scheig. The three
young men have had careers that do not
often fall to the lot of men when Young.
Up to the time the father of the Floyd
boys died their lives had been unevent-
ful ones. AT his death they received
A FORTUNE OF $4,000,
which they managed to spend within
nine months. besides spending the
greater portion of $4,000 which was
left to Mrs. Floyd. No sooner was the
father buried than the two young men
became men about town in the free
sense of the word. Their first move was
TO furnish an apartment In gorgeous
style. and about that time they met Phil
Scheig, who was then employed as pay-
ing teller In the Bank of Minneapolis.
Schelg possessed horses and lived like a
man enjoying an income of $4,000 a
year, and his habits created considerable
talk. The three men became fast
friends. About this time young man
whom they knew became possessed of
fortune of nearly a million dollars.
This was Frank Byers, then about nine
teen years old. Most of his money was
held by the Bank of Minneapolis in
trust, and, of course, Scheig was in a
position to know all about his financial
condition. In addition to what money
the bank held in trust, Byers had an
open account which he drew against.
he, too, was taken up by the Floyd
brothers, and for time the quartette
lived
AT THE FLOYD APARTMENTS
The four had box at the theater al
most nightly, and by their lavish dis
play of jewelry and money made manv
friends among both sexes. However,
some one of the quartette was almost
always in trouble, but influence and the
money that they could command always
served to quiet anything of an unpleas-
ant nature. By persons in position to
know, 1t is stated that one of the Flovds.
after going through his own fortune.
signed young Byers' name to checks,
and that Scheig, as paying teller, would
pass the signature as correct. It is
thought that in this way Byers was
mulcted to a considerable amount.
When the $4,000 loss was discovered. it
was thought to cover everything. but
subsequent events and admissions made
by Louis Floyd go to show that
scheme to defraud English banks was
about to be worked. Scheig, it is al
legged. before he left The bank. tore out
several drafts and put the certifcation
stamp upon them, marking the stubs
void. 1t was then intended to have
Frank Floyd fill in the draft to anv
amount suitable to 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 Blitain correspondent, 1t would
be an easy matter to have several drafts
cashed before the fraud became known.
Another method of securing funds vas
to have Frank Floyd, who possessed
large amount of personal magnetism.
visit the nearby cities and make friends
with swell young men. He would tell
tales of the grand times they had at
their apartments and invite everybody
to visit them. When any one did come.
and not a few took advantage of the in
vltation, they would be introduced to
game OF poker, where marked cards,
mirrors and every other device known
to swindlers at play would be used. In
this way they managed to make consid-
cradle money. Scheig, the principal in
the robbery, is the son of a prominent
man in Minneapolis. A few years ago
he gained considerable notoriety
through his secret marriage to Miss
Louise Barge, the youngest daughter of
Millionaire Barge, of Minneapolis, and
again by his being ''plucked' for sew
eral thousand dollars by gamblers while
playing a game of cards. His loss
soon became public talk, and it was
thought that the affair would end his
career at the ban k, but it did not.