The Providence news. (Providence [R.I.]) 1891-1906, 1905-09-27
Arrested in San Francisco on
Charges>Of United National Bank
ALLEGED BOGUS CERTIFICATES
Local Police Notified Of Arrest ofhL.
Rice, ". 0. Gilman and Charles E.
C0rhstt by PInksrton Man.

San Francisco, Cal. Sept PA. l..
Rice, w o. Gilman, Boston stock
brokers and Charles F. Corbett, who ad-
mits that he was their business associate.
were arrested at the Palace hotel today
by Charles II. Reimer. superintendent of
the local Pinkerton agency, and Detective
Ed Gibson OF the police force, charged
with swindling the United National bank
OF Providence OF s65Oo.
The arrests were made as the result of
telegrap phic request from the Boston
Pinkerton agency
1t is alleged that on Aug. 12 Gilman in
troduced Rice TO the bank and the lat
ter negotiated loan OF $500 on stock
bearing the name OF the Norfolk q West
ern railway. Later. Rice attempted an
other loan. n is said. but the bank dis
covered the stock was counterfeit and
the pair decamped. They were traced
here.
All three were plentifully supplied with
funds and posed as wealthy mining men.
They were taken 10 the city prison. The
men declare their innocence.
HAD OFFICE IN THIS CITY
President Gale OF the United Ma
tional bank practically substantiates the
Heralds San Francisco dispatch. Capt.
Cannon OF the local detective bureau
saws that some OF the same stock and
a considerable amount of II has been un-
loaded in Boston, as collateral security
for loans.
Arthur L, Rice, who claimed to be a
promoter. had an office on State street.
Boston, up 10 about two weeks ago, when
he disappeared eF ~ A-AE -- 81.
Gilman had a real estate office in Provi-
dence until recently. Very little Is
known OF Rice or Gilman in Boston, be-
yond the fact that they will be charged
n Is said. with another attempt 10 swindle
at the proper time.
Rice was once employed on a Boston
newspaper. but later went into the
brokerage business Today the police en-
| deavored TO learn something about Gil
man. The directory does not contain the
| name OF Charles F. Corbett.
MR.. GALES STORY.
| Last evening Mr.. Gale went over tn
! matter with Chief Matthews and capt
! Cannon and stated that two men, glVins
their names as A. l.. Rice and W. -
| Gilman. had come to the bank on Eek
change street few days ago and pre-
! sented n railroads stock certihcate a.
| surety for a monetary loan.
! The stock AZ that time appeared 10 p'
| worth the money desired. and they wer'
| given $500 in cash. They thereupon lef
the bank. and. undoubtedly the city. too
When after n time II became known
that the stocks was spurious Mr.. Gale In
! stituted an investigation ard reported tn
| case 10 the American Bankers -associa
tion. Detectives were set TO work and tn
| arrests I'm San Francisco followed.
An Associated Press dispatch from Sal
Francisco states that the three men. af
ter declaring their innocence of wrong
doing said that they were on their wa!
to British Columbia, where they owl
mining property.
The men, according TO advices from
San Francisco, appeared In this city OF
| Aug l2 when Gilman introduced Rice 4
| the bank Rice Is said TO have negotiated
the loan and was making arrangement
10 secure another, when the fraud wa
| discovered.
Both men deny the charge that the
| knowingly obtained money under falls
pretences. but Rice freely admits that h
| secured the loan, claiming that when tn
securities were deposited In the bank h
believed them genuine