Palestine daily herald. [volume] (Palestine, Tex.) 1902-1949, 1905-10-03
CONFESSES HE
is GUILTY ONE
Young New York Clerk States He
Forged the Check
AND GOT SECURITIES
Henry Ambrose In q Statement He
Signed Gives a Detailed Account
of His Methods of Opera.
lions We're Conducted.

New York, Oct. 3.-Locked up at po
lice headquarters is a young man
named. Henry Ambrose. He was en-
ployed as messenger by Halle &
Stieglits, brokers. 80 Broad street. He
is twenty-four years old. He was ar
rested Sunday just as he left his resi-
dence. in West One Hundred and
Thirty sixth street, on his way to
church. The young man was arrested
on the charge of having by means of
a forged check obtained from the Ma
tional City bank securities valued at
$359,0S0. Four hours later Ambrose
broke down and in a flood of tears told
the complete story of his crime. Cap
tain McCauley of the detective bureau
has in his possession more than half
of the stolen securities. The remainder
have been located. The young man
has been regarded by his employers
and by his friends as a model Of pro-
priety and honesty. His position was
one of responsibility and trust His
engagement to a young woman. we'll
known in society Of this city. was re-
Gently announced and he was soon to
have been married.
According to the confession he
signed the crime was all his own from
the conception to it's execution He
had made arrangements to dispose OF
the stocks and bonds which he had
stolen, but at the time of his arrest,
not one of them had been hypothecated
by him. After he had completed and
signed his confession he said that un-
til the moment of his arrest. he did not
deem ii possible that he could be de-
tected. The ambitions of the young
man have been great. They led him
to devote the greater part Of his time.
not given to his business. to the study
of law, and he would. in a short time.
have graduated from the Columbia
Law school. He told Captain McCauley
yesterday that his crime first found
termination la his mind when he be-
gun to study how to make 1t lmpossi-
BILE for just such theft to be commit
ted. He was present when Pearl &
Co. hypothetical the securities upon
which they obtained loan of 100000.
He knew that the loan was at the rat
of interest of four and one-half per
cent. Right then he determined to
take advantage of his knowledge OF
the banking routine and obtain possess
sion of the stock shares and the
bonds which had been used as collat-
eral.
After having seen the transaction
completed he went to the Hanover Ma
tional bank. where from a desk he
picked up a pad of ordinary blank
checks. Instead of using a stamp for
the purpose of numbering the forged
check. he used an ordinary pen and red
ink.
1t was not any. of his crude meth
DDS. however. that brought about the
arrest of the young forger. He knew
that no check would be accepted by the |
teller of the National City bank unless
Il were properly certified. According |
ly he went to an obscure stamp maker |
from whom he secured die. such as is |
used by banks I'm certificatlon OF |
checks. 1t was this die which led to |
his arrest.
After all other clues had been ex-
hausted the detectives made a search |
of the city. visiting every stamp max
er I'm each of the several boroughs. II |
thus came about that he description OF |
the forger was obtained. That de-
scription was taken TO Wall street, and
an attempt was made to fit II TO some
one there employed. The right clue
was discovered and the man who made
the stamp was taken to Wall stree;
and identified his customer.
When the young forger gave the or
der for the certifcation stamp he d.
rected that II be sent to him In care OF
one OF the local branches of the
Young Mems Christian Association.
The clerk who delivered the stamp to
him made the Identification complete.
The arrest followed. After he ques-
toned his prisoner for some time Cap
tain McCauley had almost concluded
that It would be impossible to persuade
him TO make any confession. when sud-
denly the entire attitude OF the young
man changed.
1T is true. Captain" he said. you
have me right ] am the man / got
the securities from the National City
bank. None of them has been dis
posed of. / win return them all. ] am
glad that ] have been captured. l have
been a fool"
He then made a complete statement,
which was taken down In writing and
which he signed. To Captain McCau-
ley he said It had not been his desire at
any time to commit crime. but he
had been impeled to show the fallacy
of the present surface methods Of
banking