The daily morning journal and courier., 1895-01-22
oUIGLEI,s BAD BONDs.

New Haven NlSll or QulBioS'
 The object of the visit of Broker Quigley, who is now in durance vile in New York, to this city last Thurs day was to effect an exchange, if pos sible, Of bonds held by the New Haven County bank as collateral for the bal ance remaining of a loan made by the bank to the firm of Quigley & Futile in 1893, at which time MT. William r. Futile of this city was connected with the firm. In 1893 the bank loaned the firm money, taking $16,O0O in bonds, good and ample collateral security, therefor. A few months ago President Stoddard learned that Quigley was speculating wildly and called the loan. Quigley responded and made payments on the loan which reduced it to $S,0oO, the bank still retaining the collateral security Last Thursday Quigley, who was evidently finding himself ln tight spot, visited President Stoddard and representing that the collateral bonds held by the bank were not sala- ble, although unquestionable in char acter, offered them with other good security, which was easily marketapie' In exchange he proposed to substitute Harrisburg, Pa, municipal bonus. President Stoddard assented ana shipped by Adams Express the mis- cellaneous bonds held by it as security to the Shoe & Leather bank, New York; with which the County bank has deal ings. The next morning MT. Stoddard heard reports concerning impending at tachments of securities supposed to be held by Quigley and without mo- ments delay, telegraphed recall or | the bonds sent to the New York bank The message did the business and the County banks presidents strateslc move resulted most happily. The paIk has the collateral all right ana the $S,0O0 loaned is amply secured. It IS supposed that Quigley intended to sup stitute forged bonds for those held py the County bank. In any case the | County bank, it is thought, would nave l been protected, as their order to the bank in New York was to accept liar risburg municipal bonds in lieu of the bonds sent and if forged bonds had been accepted by the New York bank l the loss would probably have fallen on the New York bank.
 l The forged bonds afloat issued by Quigley amount, according to some es- | inmates, to million dollars.
 1t is asserted that among the victims of Edwin c. Quigley are several stock | brokers in this city. Six months ago | Ouigley came to this city with batch of western city bonds which he offered as security for loans. In three instances l Quigley was successful and secured the money for the bonds. The brokers here discovered afterwards that they had been sWindled, but upon the promise or Ouigley to make the loss good no pro ceedings were brought against the New York broker. It is said that Quigley also visited Hartford and other cities in the state with the forged bonds.
 THE BRIDGEPORT NATIONAL BANK HOLDS
 SOME oH HIS BoNDsI
 Bridgeport, Jan. 21.-Broker Edward Ouigley of New York who has eXten- sively swindled banks in various parts of the country, and who was arrested in New York, has made full confes- sion of all his legal transactions. Quig- ley was in this city day or two before his arrest endeavoring to secure a loan of $1O,0O0 from the City Savings bank and the First National bank, but was refused. It is said that the Bridgeport National bank of this city holds the de- faulter's paper for less than $1O,OOO The
 matter is now being investigated by T. B. DeForest, president of the Bridge
 port National bank, who said:
 'rWe have in our vaults $S,000 worth
 of bonds on which six months ago we
 made loan to Quigley," said the bank
 CT. q do not know whether they are
 forged or not The bonds are issued by
 the city of Davenport Ia. and we will have to compare them to find out Il
 they are genuine. Last year QmgleS paid us loan of $300 900 all right
 It is understood that Quigley admits having realized $2100O0 on fraudulent
 bonds, the face value of which amounts
 to $26O, ,000. He will be arraigned fol
 sentence before Recorder Golf on We'd
 nesday in the court of general sessions
 New York, Jan. 21.-President Will liam P. St. John of the Mercantile National bank made an important state
 ment this morning confirming the be lief that Edwin o. Quigley, who robbed Mr. St. Johns bank to the extent o1 S144.OOO, has victimized others.
 "Quigley," said Mir St. John, "haF received none N the Mercantile banks money on city Cf Davenport, Ia., bonds
 but there are spurious bonds of the 1 city of Davenport aaoat, which were put afioat by Quigley. I tell this be-
 cause the public is entitled to pro
 tection."
 MT. St. John said he did not know what par value the bogus Davenpor bonds aggregated. He did not deny that he knew of some other banks ol , individuals who had been made victims
 by Quigley, but refused to give any information that might lead to the dis
 covery of their identity.
 T cannot say anything" said MT
 St. John, "that might reflect on others Francis R. Marley, the litographer O 1SO Broadway, who made bonds fol
 Ouigley, said on Saturday that ht made on the latters order given ol January 15, 1893, 100 bonds, value $1,OO each, for the city of Davenport, la"
 MT. Marley said he believed this Wal an honest issue. MT. St. John thi: | l fo h