St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-02-23

Special TO the Globe.
JAMESTOWN. N. d., Feb. eat is
stated that the $40. 900 note of o. ii.
Holt, in Lloyd's National bank. is
worthless, and was given on a worthless
gold brick. Current report has it that
such a transaction occurred i'll August,
1891. One pleasant day i'll the latter
part OF July. 1891, while President Lloyd
was in Europe making all impression
upon English investors of the Alliance
Loan and Trust company, a stranger
giving the name of Harper appeared in
jamestown. He was dressed as a miner,
in Il coarse backwoodS suit of clothes.
He was a middle-aged man and pre-
sented every indication of honesty,
ruSticity and simplicity. He soon made
known the object of his visit to Messrs.
James Lloyd, o. Ii. Holt, employed in
the bank at the time, and another gen.
tleman who happened along. Old man
Harper's story was that he had just
come in from Montana. where he had
been in search OF an old-time partner of
his by the name of Lloyd. Harper'S
simple manne and plain outspoken
ways at once interested his hearers and
Mr.. Holt, particularly, was greatly en-
crossed with the story.
The theory is that Harper succeeded
in thoroughly hoodwinking the bank
people, and that the transaction was
consummated at Detroit, Mimi. through
Holt. Two men besides Harper aided
in the deal, n registering as E. d.
Finley, of st. Paul, n the other al
unknown. Several mysterious visits
were made to Detroit by Holt, and once
Mrs. Lloyd and her daughter accom-
panied them. The movement of the
four men at Detroit were sucE as to eX-
cite suspicion in the breast of the sher-
if of Becker county, from whom a livery
rig was twice hired. II Holt was bam-
boozled i'll the woods by the ancient
gold brick scheme out of $40. 900 of the
banks money, nothing was ever said of
the occurrence afterward, and his note
for the amount is all the depositors
have to show for the speculation.
Word has been received from the Of
ficials of the Peoples National Bank of
Pittsburg. Pa, of which D. Mex. Lloyd
is president, tina. they have RENTED to
the receiver of Lloyd's National bank
the amount due and charged against this
banks cou on the note of w. Nj.
Lloyd. The remittance amounts to S10.-
600, less the discount Of Sl11.67. 1t will
be remembered that ID. Mex. Lloyd was
indicted by the grand jury, and it was
charged against him that by correspond
ence between William NJ. Lloyd and d.
Mex. Lloyd a fictitious credit to this
bank was made OH the books of the Pitts
burg bank in the sum of $4,000. 10 go
back to the time of the closing of the
doors of the bank, it will be stated that
there was a credit of this bank Oh the
books OF the Peoples National bank, OF
Pittsburg, of which D. Mex. Lloyd is a
director, IN the sum of $40. 000. That
that this bank had suspended payment.
Cancelled the credit and notified this
bank that they had done SO in pursu-
ance OF a letter OH which the credit was
based. While the bank did not get the
credit William NJ. Lloyd did, and used
it. The Peoples bank Cancelled the
credit. said that they were not liable
and refused to pay. ID. Mex. Lloyd was
indicted on that entry. 1t is now easy
to see that the indictment brought him
and the Peoples National bank to a
realizing sense of the situation, and
compelled them to pay the amount.
This payment does not necessarily re-
lease ID. Mex. Lloyd from the indict-
ment against him.