New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-11-13
BOTH HELD IN HEAVY BAIL.

w ]. PRICE CHARGED WITH STEALING STAMPS
FROM THE MUTUAL LIFE INSURANCE COM
PANY. AND j. A. MEADE. THE BROKER.
PLACED UNDER $4,000 BONDS
Charged technically with the larceny of sl63 in
revenue stamps from the Mutual Life Insurance
Company Warrick j. Price, thirty years old, and
superintendent of the insurance department Of that
concern who was arrested Saturday afternoon
by Central Office detectives was held by Magis-
trate Mayo, in the Centre-st. court yesterday, in
the sum Of $40 for examination on Wednesday
at 2 o'clock. John A. Meade thirty-fve years old,
of No. 6SS Lafayette-ave. Brooklyn, was held on a
charge Of receiving the stolen property for further
examination this morning. his bail being the same.
Meade has Office at No. % Liberty-sr, where he
deals In and postage stamps The com
plant against Price. who is man of rather pre-
possessing appearance, and was married, the police
saw only month ago, was pressed by Curt Felix,
who was under the prisoner a sub-clerk in the
office and who lives at No 100 West One-hundred-
and hrty-second-st.
Felix In his complaint. which had been prepared
by former Assistant District Attorney John d.
Lindsay, representing the Mutual Life Insurance
Company swore that Price had taken from one of
the drawers in his desk nine United States revenue
stamps of the kind known documentary stamps,
Of the denomination of s. each; twenty-siX others
of the denomination of 50 each, and forty other
stamps of the denomination of 81 each. Mr.. Lind
say assured the court that he would be in a posi-
ton TO prove when the comes up again that
Prices thefts are between $4,000 and $1,000. The
prisoner who refused TO make any statement, was
accompanied by a representative from the office OF
Abraham Levy who made strenuous efforts to have
the amount Of bail reduced. This Magistrate Mayo
refused to do.
The stamps disposed OF to Meade were identified
! by II. A. Julian, of the revision department, who
| said that the prisoner married Miss Glover, the
| stepdaughter OF Mr.. Beebe, in Springfield Mass,
on October II last. Since then the couple have been
staying in the Hotel Gerard in West Forty fourth
st. where they occupy. according to the detectives,
handsomely appointed apartments. According TO
the statement of the police, the Mutual Life In
surance Company some fifteen months ago dis
| covered that II had been paying for more stamps
than IL had used needed. The leakage OF
the companys funds in this manner amounted 70
| more than $1,000 a month. Price already told In
The Tribune, traced on Saturday afternoon by
Central Office Detectives Carey and sullivan TO the
Office OF Meade in Liberty-st where the detectives
! saw Price dispose Of number OF marked stamps
| TO Meade at less than their par value. Then the
/ detectives arrested both Price and Meade, the
former on the charge OF larceny and the latter or
that he had any knowledge that the stamps were
stolen. and bought them, he said at three cents or
the dollar discount. Having made prior purchase:
/ from Price Meade said he believed the stamps
came into the possession OF the seller legtimately
When asked II he had any statement to make
| Price refused state his age. nor would ne
| give his address. He Is said 10 be well connected.