New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-27

Two certificates. amounting 10 $500. OF the COM
mon stock of this company. numbered 49, FOR one
share and Is. for 27S shares have been obtained
from the officers Of this company through fraud by
All financial institutions and the public are hereby
warned against purchasing or negotiating loans
CHARLES $. HIGGINS. President.
JOSEPH W. STRAY, Secretary ana Treasurer
The company depended upon securing the
s2s 900 fr m Coleman 10 meet outstanding obi
cations and when his check proved valueless
1t vas found necessary TO have a receiver ap-
pointed Mr. Stray was appointed first in New
Jersey and yesterday in Brooklyn. Colonel Lamb
said yesterday that the swnde by Coleman
made Il necessary for the company to go into
the hands f a receiver.
Coleman was clever business man and repre-
scn,eI that he had been contractor for the
Government and had 100000 on deposit with his
bank in WashinGtOn. He presented a letter
purporting 70 have been signed b. the presi-
dent of the bank introducing himself
director lie looked carefully into the business
II the soap company before agreeing to Invest
In H. and was apparently cautious In making
The Investment. He IS described about sixty
years Old. with gray whiskers. neat appearance,
sharp eyes and a pleasing address. He said he
vas AT the Vendome Hotel and was a non-resi-
dent member Of the Union League Club. but
these statements proved false.
Mr. Higgins. whose latest business venture has
failed was formerly a leading member OF the
Brooklyn cub and Bridge trustee. He was
regarded as millionaire at one time. and ex-
tensively advertised his soap business In Brook
Ign. where no had large factory.
COIEMAN HAD OTHER VICTIMS.
The more the remarkable swlnile OF David
Coleman Is Investigated the greater Is the as
'on.shmcn; AT his coop"ss and audacity. Within
the last week In this city. Brooklyn and Pater-
son he IS known to have "buncoed" three bust
moss men and many lawyers and bankers
Ills last swind.e was porpetrat"d after the Police
Department in this city fully posted on his
methods and was on The lookout for him.
Among his other victims are J. J. Richardson.
dealer In stoves and ranges. 40 % Beekman-st..
wh1 lost SllOo AMI tho Lincoln National Bank.
from which ~ drew $500 On an account based
ON a forged check.
Coicman's scheme consisted in arranging 10
have a number ~ large transacto mature
substantially ON the same day. on July an adj
v,riisement appeared In morning newspaper
saving be- had $4,000 e. invest In some business.
Among those who replied were the Higgins Soap
Company II NJ. $50 Atlantic-ave. Brooklyn:
Mr. Landau. OF Paterson and Mr. Richardson.
COLEMAN purchased stock in the soap company
titled check on the Columbia National Bank OF
Washington He also deposited in the Lincoln
National Bank a check for $4,000. purportiAg T.
be- certified on which he drew $500. The bank
SAYS that ,he Higgins company will be respon-
sbe for this.
ANOTHER CERTIFIED CHECK.
Colcman's transactions with Richardson oc-
Cured on the same day and directly after he
VI ID .ha sold
SIS. 600 interest In his business to Coleman. and
received from the latter "A check for $50 500 on
the Columbia National Bank of Washington
Mr. Richardson gave Coleman his personal check
for S. 800 This Coleman at once deposited In the
Fourteenth street Bank of which George +. Vail
is president. anI Immediately drew Sl.loo. The
story of Cplenan's transa rtions with Mr. Landau
was published In yesterdays Tribune
Coleman told Cashier Bell Of the First Ma
tlnnal Bank OF Paterson. In which Landau de- |
posted Coemans check for So. 900 on the CO. |
lunbia National Bank. that he was a member !
Of the Union League. Mr.. Bell Is a member of
the club and failed To find Coleman's name on |
the membership roll. This aroused his suspi- !
clons and ne tcegra phed u the Washington bank |
and thus found out that Coleman had swindled |
Landau.
COLEMAN COULD HAVE HAD MORE MONEY.
President Thomas l.. James OF the Lincoln |
National Bank. said to Tribune reporter yes
tcrday:
Coleman came here about last Monday In
company with Mr.. Higgins. who has been |
stockholder MIR Higgins had Just concluded his
sale OF S2s 900 OF stock In his corporation, ana
deposited with us Coemcns check on the Colum-
bia National Bank OF Washington. Then Coleman
said he would Ike TO open an account with us
lilo put I'm a check on the same bank for $3JGO0
The check purported to have been certineu. re
drew out So 500 this deposit He could nave had
two or three times the amount had ne peeh 20
minded ns ue had perfect confidence In MI
iiiggins who introduced Coleman and vouched for
him.
President George +. Vail. OF the Fourteenth
s,reet Rank through which ..lchardson's deal
inps with Coleman were transacted. said:
co,amo, must b, a cold blooded old rascal. When
n. came I'm here Monday with MT Rlchatuson anu
50, Iown ne was very natural ana easy III manner.
Wc have the reputation here OF being very conser-
yatlye even to crankneSs IN tnr nhiiius VI so,
eli, nut Coleman appeared 10 be all right anu
Mr. richardson seemed to have such inpnclt cor,
Gdence I'm him that there was absolutely no sroulu
Tor suspclon After Coleman deposltei MT Hcn
r'lsnn,s e. 100 check he said In "A matter-ot-iac,
,,'a -. "Ive been so busy running GROUND to-uai
-, haven't had time to draw any money, anu
guess I'll have 10 have aDou. 49, ,or 81 6o II he
Piei d~awn The whole 81 500 at once, as he had
right TO do nv suspicious woulu nay t, 49,
aroused but his taking less than MAJ, vi ~, mons~
Ut, s,owed away no doubt alongside the soSo
u hich n few minutes before ne hau - in Sis
the Lincoln National Bank. he leaned n ian a, ~ Wr
chair nut on prayer-meeting sihe NJ -'
picba rJson and said for all Of us to near aort
Nav Mr. Richardson wants me 10 pe WV |
of his furnace compnny-an OLD man LIN. hat