Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1896-12-21
ARMSTEAD IN TROUBLE.
The Dapper Young Millionaire Ar
rested in Denver for Swindling-
His Troubles Originated in
Transactions in santa
Fe County.

On the authority of telegram from
Chief Of Detectives O'Brien, of New York
City, Detectives Loomis and Burlew, at 8
O'Clock yesterday morning arrested Henry
H. Armstead at the Brown Palace hotel
and took him to headq uarters for exam.i-
nation. Chief O'Brien's telegram was to
the fact that bench warrant had been
issued for Armstead's apprehension on a
charge of grand larceny. Chief of Police
Russell telegraphed the fact of the arrest
and last night he received another tele-
gram from O'Brien stating that an officer
the prisoner.
Armstead remained in charge Of Detec
tives LOOMS and Burlew until he depos-
tied cash indemnity bond with Chief
Russell to guarantee his appearance when
desired, and was released, returning to
the Brown hotel. The officer from New
York will reach Denver about Tuesday,
and Armstesd says he will return with
him without requisition papers.
The quasi prisoner is the senior mem
Der of the firm of II. Fl. Armstead & Son,
mining engineers, assayers and metallur-
gists, of room IL, Brown Palace hotel,
and of Broad street, New York City. He
is currently rated to be worth between
ST. 100000 and $2,000,000 and it is said
that he deposited $4,000 cash with Chief
Russell to insure his ompliance with the
wishes of the arresting officers of the law.
Armstead is said to be worth 100000
or more. He says the deal in which
Tb1y To nj of u1a;p kr
have been swindled out of $45,000, was
perfectly legal, and Tay lor is sore because
he did not make fortune as easily as
expected. Armstead has been in Denver
about six weeks engaged in the formation
of new mining venture, which he calls
the New Columbia Gold Mining com pany.
According to the prospectus the Columb ia
company has been incorporated under
the New Mexico laws for $5,000,000, and
has as its president M. W. O'Boyle, treas
urer of the Alpine Knitting company, of
Pittsburg, Pa. The properties owned by
the company are said to number forty
eight mining claims in the Yellow Jacket
district, Lemhi county, daho.-Denver
dispatches of Saturday evening.
Inquiry at the office of the territorial
secretary dlscloses the fact that the
United States Gold Producing company,
the Idaho Chemical Gold Mining COM
pany, the New Columbia Gold Mining
company, the Gold Sluoing d Separating
company, and the Irrigation & Hydraulic
Mining company have filed articles of in
corporation in New Mexico, with Henry
Fl. Armstead appearing as the chief pro-
moter thereof, and John F. Daley, "of
Golden, as agent in New Mexico.
Armstead's present troubles with Tay-
lol appear to have grown out of the or
ganization of the last named company,
wherein, it is alleged, Armstead induced
Taylor to invest $4,000 on the represent
alton that said company owned in fee
simple 10000 acres of valuable placer
lands in Santa Fe and Bernalillo counties,
when in fact the deeds to such lands were
fraudulent and void. On the strength of
this representation M. Harold, Of Penn
sylvania, drove two wells under contract
with the company, for which service he
was not paid as per agreement.
Mr.. Harold has since secured judy
ments against both the Irrigation &
Hydraulic Mining company and against
Mr.. Taylor. The Investigations of Mr..
Harold's attorney, Judge Downs, revealed
the fact that the company last named had
no title to the 10000 acres of placer land
claimed by it.