The times. [volume] (Richmond, Va.) 1890-1903, 1896-10-09
THOSE SPURIOUS BONDS.
UHdT SECOND AUDITOR RfLAND
SAYS CONCEKNIAG THEM.
They Were Issued Under the Kiddicberger
Bill of 1883, aud Were Refused
by the State.

press telegram from i'os-on IN IHc
Times Of yesterday stated that about
a hundred dupl'ss'e Virginia State bonds
OF 81 w each have been accidentally sc1.-
tered by Manager William Austin. OF
the Trocadera Theatre; that signatures
have been forged to number OF them.
the bonds loited. and finally offered at
the Virginia treasury.
1t is curious story how the bonds
got out" continues the telegram. Man
ager Austin. just for fun. be ught a pack
age at an auction OF unclaimed express
packages in New York several years ago.
When ne opened the sealed package he
found the bonds which the State o.
Virginia in ls:z, refused TO receive from
the Kendall Bank Note Company be-
cause the order had been cancelled. Tn.
company also refused to receive them.
50 the express company sold them in { II
unopened package. Manager Austin.
learning that they were worthless per
n.'tted them TO lay about care ess.y UNI
I'll they were all gone, but the polite
and the spectators are keeping sha".i
lockout for them"
a Times representative Gale uiOr
Second Auditor Josiah Ryland sesterday
afternoon, and enquired as ID .he truth
O. the above.
RIDDLE3EhGER BILL.
1.-THE story is true in tins mlin," sa' :
MIR. Ryland. but there are in.,ccIrac.,
IN 1t in several respsc.s. Ths casc :
this: In 1852 the Legislature OF Nir-
ginia passed an act known as the Rid
dleberger bill, providing for the fund.r-
- l. IaI -
Brown Allen was auditor, II. II. Dys"n
second auditor; and ,. l.. l;evclcy ucas-
ucor. These gentlemen and others. -
board of sinking fund commissioners.
entered into a contract with the kendal.
Bank Note Company Of New York, L
engrave a specified number Of Nirgini-
bonds Of the denomir alton of 1900 each.
After the contract had been duly mad
and the company had begun printing the
bonds, the board for some reason FOL
which it is thought good, and sufficient.
refused to carry out the agreement with
the company.
THE Bank Note Company sent ~
express to this city a hummer of the
bonds which had been completed-thio
hundred, / think-and the sinking fund
commissioners refused to take them on.
Of the express office. They remaihel
Il ere for a while. and the express cor
pany then returned them TO the Kentall
Company. which also refused TO take
ttfm from the Office. There they sta9-
cd for a number Of years, and were hna.-
Is put up and sold ut au;ton.
THE trouble between the Kendall Bank
Note Company and the board cf SINKING
fund commissioners was finally carried
into the courts, and was settled ~ tie
State Of Virginia paying the Bank Note
Comp,nv thirty-odd thousand dollars
The company printed the balance ~ th-
tonds which wee taken N and Dc
stroyed
r,The three hundred bonds which were
sold az auction still remained sca'tf'ed
about the country. and IN he iast ten
years a number OF them have turned -
here. A few days ago one was pre-
,ented TO my department through the
Planters bank. / Immediately saw thar
il was worthless. punched II fun OF notes.
and sent it back 10 the bank
sWINDLING THE MICHIGANDERs.
"A day or so ago I received letter
from a party in Michigan, which stated
that there was party in that state who
had gotten possession of a number OF the
bonds. had forged signatures to them.
and was selling them as genuine. NV cor
respondent said that the bonds were sup
posed TO have been obtained from man
IN New York.
Il wrote to the New York Stock Ex-
change asking them to take steps 10
have the selling Of these bonds stopped.
Yesterday 1 received a letter from TIE
Exchange. saying that the matfer fas
baen turned over to the Chief-of-P olice OF
New York"
Mr.. Ryland yesterday wrote TO New
York broker describing 10 hin tho up
pearance Of the spurious bonds. so that
he might be able TO guard against them
I'm the future.
Mr.. Ryland showed me a coupon from
ono OF the spurious bon Is AMI hl-o
coupon from genuine Riddleberger bond.
The difference bet Icen them Is cute
marked. the colors of the worthless bond
baing dim and faiei.