The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-02-02

NEW YORK, Feb. Julius sehroe-
ter. OF Forest Hill, y. J., who
was arrested last night by Captain.
McClusky. charged with forging $4,000
worth of Virginia bonds. was srragned in |
court today and was held for trial
The complainants we're LadenbuTg. Thai l
mann & Co, bankers. of "A Wall Street. /
Ladenburg. Thalmann q Co. have also !
brought suit against the Importers and !
Traders National Bank. Edward II. Per /
kins. Jr.. its president; Edward Townsend, !
its cashier. aud Julius Schroeder. charging !
conspiracy TO defraud.
According to Captain McClusky. Sehroe-
ter. in September. 1899 was operating a !
factory for the manufacture Ct gas mantels |
and burners. where. the captain did not |
know. In some way he was introduced TO /
one of the vice presidents Of the Importers |
and Traders Bank. OF pa Broadway He |
had gone tlere and tried to borrow from !
this vice president s3l 600 and offered rs /
security nifty 600 bonds Of the state OF
/ Virginia, making a security Of $4,000 He
| did not gee the money that day. but did
/ so in a few days.
! In October the following month. he had
! returned 90 the bank and requested $-o.-
| 900 more Offering forty-hve of the bonds
| as security The bank had held the matter
! in allegiance for few days. until 1t could
/ find the exact standing of the security CT
! fered Five Of the bonds we're sent 10
! virginia. and had been Immediately sent
back with the word from the auditor OF
/ the state that they were fOrgeries. The
ba.-S had therefore refused the second
sum, and demanded that Schroeder make
, good the urst loan.
on November A. il Is alleged, he had
called on Ladcnburg. Thalmann x Co. and
negotiated for a loan Of S3S.G00. He had
| offered Gfty-sN bonds similar TO those Civ
| en- TO the Importers and Traders Bank. but
failed TO get the amount that day and the
next day had returned with sixteen bonds
which he offered for a loan Of SO 600. This
he got In two checks OF $1,000 each.
/ Schroeder the captain says. then took
! one OF the checks 10 the Importers and
Traders Bank and paid that amount on his
( first loan there reducing the Indebtedness
to SO 0O0. He also gave TO the bank 450
shares of stock in the gas mantel company
| in which ne was Interested and received
back for them fOrty-fye Of the Virginia
I bonds.
As he had already given 10 the firm Of
I I.adeuburg Thalmaun 4 Co sixteen Of the
hfty-siX bonds offered he took forty Of the
forty-nve bonds received from the Import
ers aud Traders Bank 10 them. and thus
made up the amount and received the $2S,-
Geo promised him.
some little time after the transaction
. with the banking Of LadeHsburg Thalmann
. 4 Co the firm Investigated it and found
. that the bonds were bogus. They informed
: the police. and detectives were sent out
. to look for the man. and found hin only
yesterday.
McCIusky also said that. besides his spec
: uIatious with the TWO banking houses al
ready mentioned. the man had been sue
cessful i'm ne gotiatinE a loan with the Sea,
board National Bank OF 80 is Broadway.
. Here. 10 is alleged. he WAS successful in
. putting up thirty OF the bonds. and re
ceived o.Oc0 for them.
: The firm of Underwood. Van Wort &
. HOyJ of 40 - William Street, are the
. | legal representative of the banking house
OF LadeBburg, Thalm9nn d Co ana one Of
. | the law firm had an interview with
I Schroeder He Is quoted by Cap
. I tain NcCWsLy as saying that
Schroeder said thaJ the bonds were not
: his but belonged to Mrs. Emeline Turner.
! ! formerly Of Mount Vernon. but now living
! / i'm London England. He is also said 10
: have shown a power of attorney TO this
/ lawyer which authorized him TO dispose
! of the property.
]. Schroeder is described as being q fine
I
I carriage and exceedingly well dressed.
: He refused TO say anything about himself
to the police
II is said that the bonds were issued in
| 1852 by the Kendall Bank Note Company
Of this city. on order Of the State Of Nir-
siuia- Previous to the fun issue. the
amount of which Is not known by the
| police, five hundred of the bonds were is
sued and sent to Virginia. The bonds were
unsatisfactory TO the Virginia officials. and
the rest OF the order was cancelled. The
order was then given to the American
Bank Note Company also of this city.
The five hundred bonds which had beer
made and shipped to Virginia were after
| ward sold at public auction in an express
Office in Virginia curiosities.
Captain McClusky said that he heard
last fall Of these bonds appearing, after Z
lapse OF seventeen years. and on NOvem-
. Der "a 1899. he sent notices 10 all banking
firms and houses informing them that they
We're on tho market and TO look out FOR
them. The transactions credited to SchrOe-
= | ter were all done before that period.
2 Schroeder was re-arraigued before Mag
Il istrate Crane. in the Centre Street court
4 today. He said that he called up
Il his lawyer MIR. DOdd OF No. 20 Broad
/ Street and learned ne was not in and
Il would not be at court for some little time
4 to represent him. Magistrate Crane grant
4
1 pearance, and, as he did not appear
/ George +. Simpson. connected with Abra-
ham Levy, appeared for him. He was held
\ in s. coo for examination this morning. As
| he could not furnish the bail he was com
| mitted TO the Tombs-
| The technical charge on which Schroeder
| was arranged was the falsely issuing bono:
| for $50. 900 on tho State OF Virginia series
Il Of February a. 1852. and authorized by
| the sinking fund OF that State. The bond!
were signed by II. II. Dyson and 3. b. Bev
: erley. and he signatures were declared
!. | fOTgeries.
Z sworn affidavit from Josiah Ryland
Second Auditor OF Richmond Va, was IN
3 troduced in which he corroborated the fac
: of the forgery
In their suit begun yesterday. Laden
burg. Thalmann d Co. allege that OF
/ learning the facts they demanded repay
= ment by the Importers and Traders Ma
Z tiOnal Bank Of the amount they had len
\ to Schroeder. and on that institution re
4 fusing they offered to submit the whole
3 controversy to the arbitration Of the clear
= ing house committee. Of which Edward Fl
. Perkins jr., tho president of the bank wa
y the chairman or to a committee from tn
u stock exchange or from the chamber o
4 commerce. accordingly as the bank nigh
q choose which offer they say. was refused
q with the result that the present suit ha
been begun.