The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-06-05
HIS DRAFT WERE BOGUS
Jacobsen Had S35O,OOO in
Worthless Paper.
IT CAUSED HIS ARREST
He Asserted That 1t Was the Proceeds
of Mining Deal Near Twin
Bridges-Then Told An
other Story.

Charles Jakobsen, who says he got
$350,00O in drafts from man in Butte
and was sent to Minneapolis to get
them cashed, is in Jail in that city be-
cause he tried to realize on them. The
Times Of last Thursday tells about
Jakobsen's experience in that city:
while he has every appearance of
being an innocent foreigner, Charles
Jacobsen is in the Central police sta
ton and alleged drafts for $S5, 900 each
are held by the authorities.
"Jakobsen arrived in the city last
Friday from Montana and put up at a
Washington avenue Logging house. He is
a man of about As years and was rather
poorly dressed and had every appear
ance of being an innocent, hard-work-
ing Scandinavian. His appearance.
talk and mannerisms would deceive the
best. He had on his person certificates
of deposit and drafts on New York
banks aggregating $3.50 000 He claimed
to have been at work in a mine near
Twin Bridges, Mont, for several years
past and to have recently sold out his
interest for that amount of cash On
their face his drafts and certificates ap-
peared all right.
"Jakobsen had large plans on foot
First he needed new suit of clothes
He went to the Nicolet Clothing com
pany at Nicollet avenue and Third
street and told his story to Manager
Walker, substantially as above He
wished to secure an outfit and would
leave one of the drafts, which was for
$4,000, as security. Jakobsen was turn
ed over to salesman with instructions
to obtain Mr.. Jakobsens address and
say that the outfit would be sent
THE draft purported to be from the
First National bank of Twin Bridges,
Mont. Manager Walker investigated
and says he found there was no such
bank at Twin Bridges. Meanwhile,
however, the clerk had allowed Jakob-
sen to take the clothing and depart,
having misunderstood the managers
instructions. Manager Walker found
Jacobsen on Washington avenue yes
terday and induced him to come to the
store, and the police were telephoned
for and Jakbosen was locked up. When
searched six of the drafts, each for $685.
900, were found on his person and he
had some $13 in cash.
Investigation by the police shows
that Jakobsen had led quite an active
career since his arrival in Minneapolis
He had called upon local real estate
man and left him one of the certificates
of deposit on the First National bank
of Twin Bridges. Jakobsen was going
to buy farm and the real estate man
spent some $S6 on him and even adj
vanced him money to pay for record
ing the deed, and all he has to show now
is the bogus draft o.
1T also transpires that Jacobsen has
visited several other banks trying TO
get his drafts and certificates cashed
He called at the local ticket office of
one of the coast lines and came near
securing a cash advance of $500 and
ticket west on one draft. The drafts
were drawn on the National Bank of
the Republic of New York. They were
all properly printed and bore the print
ed name of the First National bank OF
Twin Bridges The certificates and
drafts We're properly stamped.
Jacobsen now states that he has a
logging claim in Montana near the
Kalispell, where he resided with his
wife and daughter. He says that in
Butte City he met man who said his
Continued on Page Eight.)