Evening journal., 1897-01-25
FlNANC ON The BOWERY
The Story Of Gold Mine and a
Bogus Check.
BIG DEAL IN A LODGING HOUSE.

a Pretended semimliionaire Gets the
Better of a Retired Army Colonel with
Prospect', but Finally Lands In Jail.
Claimed to Have R'ch Relatives.
NEW YORK, Jan. e5.-The police of the
Mercer Street station stumbled upon a
story of forgery and double dealing, the
participants in which assert that they are
of present or prospective wealth, although
residents OF a Bowery lodging house The
dramatis porsone are Colonel Silas G. lay
lor late Of the United States army, rcsid-
ing until some portion of his fortune has
been realized, at the Bellevue lodging
house en- the Bowcly, and the prisoner
Charles w. Sherwood, who called himself
Charles W. Sherman, the son OF Duncan
sherman of the well known banking
house of Duncan sherman x Co., who
never hesitates TO draw his personal check
for $40, 600 or more when such n sum may
be required in part payment for a railroad
or n mine. He, too, lived for long time
within the walls Of the Bellevue lodging
house, but removed from there shortly aft
er Jan. 1, and has since transacted his
financial operations from "a lodging estab-
lishment at the corner of Third avenue
and East Ono Hundred and Twenty fifth
street.
1t appears that Colonel Taylor owns
placer mine at Snake River, Ida., which
he values at SEQ, 600 He often speaks of
this property TO his friends, and never
fails TO regret that he is not at the moment
able Co operate his rich possessions by rea-
son of temporary stress I'm his finances.
/ One Of tho most interested listeners 20 the
1a.
wood. tnen a lodger at the bellevue, where
the colonel was Stopping Sherwood who
is a man past the middle age Is a pleasant
/ talkCr, and the colonel became greatly i'm
/ terestcd i'm him, especially after Sherwood
had told him that nc was q son of Duncan
! sherman and that he possessed i'm his own
right $500, COO Sherwood also told the
colonel of his sister, MIS- Mary A. Wright,
who lives i'm splcndor at New Rochelle,
and Of bis own son, Clarence B. sherman,
owner OF the McGibbon Lithogaph COM
pany, near New Haven.
Al this time the old man became daz-
zled with tho great connections of his new
found friend, the supposed sherman, and
when the latter proposed to buy a half i'm
/ terest IN the Idaho mino at Snake River
Colonel Taylor was i'm a willing mood
The colonel agreed to dispose OF "a half in-
tercst for $50, 600. OF this sum, Sherwood
was TO puy S1O. 600 down and the remain
ing s2O, 600 at a specified time. This last
instailment was to be used in purchasing
machinery and in developing the property.
Nothing Slow About Sherwood.
To Judge from Colonel Taylor's version
of the affair, there is nothing slow in finan-
cial matters about Sherwood, for no soon
er had the terms Of the sale been agreed
upon than Sherwood drew a check on the
Fourth National bank for the sum of $40.
600 to the order of Colonel Taylor. He
signed the check with the name Charles
W. sherman
1t happened that after the self styled
half millionaire had drawn his $40, OOl
cheek he found himself unexpectedly shori
of little ready cash, and the unsuspect
ing Colonel Taylor promptly came TO nj.
rescue with a Ioan of s5 Sherwood die
not seem in a hurry about receiving amy
acknowledgement i'm the shape Of a deed ol
other receipt from the mine owner, but
told him TO prepare the transfer papcr'
and give them TO him i'm a day or two.
This transaction took place day or two
after Jan. 1 and was in the evening. Tn,
following day Colonel Taylor intended tC
go to a lawyer or notary public TO put the
transfer of his mining interest in lega
form, and, purely incidentally, TO drop i'm
to the Fourth National bank and set th,
cash on his check Instead of going 10 the
Office OF his lawyer first, however, he drop
ped into the bank the next morning and
presented his valuable paper to the paying
teller. The teller looked at the check fol
$40, 900 and then at the name signed {,
the paper
eve are sorry to say, " the bank ofcia
responded but Mr.. Sherman has no ac
count with us
p Colonel Taylor was dumfounded, bu
, James B. Little, mutual friend of the
drawer and the payec Of the check, wh,
had gone along TO witness tho operation
looked wise as well as sympathetic, for h'
said that he half suspected that thcr'
might he no money to the supposed Sher
mans credit at the bank. Mr. Little has
lived some time at the Bellevue lodging
house and knew Sherwood pretty well.
After the disappointment at the hnnl
both sorrowfully wended their way hacl
to their home on the Bowery. They asSe'
for sherman at the clerk desk, but th
latter had not put i'm an Appearance thor
during the morning. and he did not shov
up that night In fact, he did not return
to the place at all 10 was learned, how
ever. TINT Sherwood had transferred hi
affections to the Harlom lodging house
and Little volunteered TO hunt him mp
While Little was walking along East On
! Hundred and Twenty-hfth street he sa,
Sherwood strolling by and accostcd him
; On one pretext or another Little induce
, Sherwood to accompany him 10 his ol'
/ home, the Bellevue, and explain himsel
, to the colonel. As soon as sherwood wa
! safely i'm the Bowcry lodging house q pa
i trolman from the Mercer Street static
was called i'm, and the rcputci semimi
lionaire was taken TO the station hous
and locked up.
Society Young Man Goes Wrong.
: NASHVILLE, JAN 25.-W. a. Cason
, rnnnn nnn OF fhis city nniin q nnnrn /