New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-13
BOGUS BONDS TRAIL.
LEADS TO STRONG BOX.
Court Nay Open It-HumpEreys
Promises Startling Statement.

effort to float some OF the forged securities os
the Norfolk and Western Railroad making
confession. there seemed to be a good prospect
yesterday that all the forged paper. having =
face value of S4,300OOo. would be destroyed. and
thus cease to be menace to the financial dis
trict. Pinkerton and police detectives were busy
in the afternoon following a trail which led 20
strong box in the vaults of the Standard Safe
Deposit Company at No % -froad-st The box
may be opened by court order to-day. and in
it may be found the bogus stock certificates.
In way the detectives learned that
box in the Standards vaults had been leased by
Seton and had been transferred by him recently
to broker in Pearl-st They found the broker
and learned the number OF the box. but they
unable to get authority to open the box.
Superintendent Dougherty of Pinkerton's Agen-
cy, and Detective Sergeant McConville were en-
gagged in the hunt until after the close OF busI-
ness, and will renew It to-day. satisfied that II
Seton placed the forged securities in the box
they will be recovered for destruction soon
Before Dougherty and McConviIIe went 10
Broad-st. in the afternoon they were with I.
Samuel Humphreys in the room OF Assistant
District Attorney Garvan for about two hours.
while Mr.. Garvan was questioning Humphreys
Mr. Garvan said later that Humphreys had
made a. statement and had promised TO make a
fuller statement to-day. Humphreys who had
the police court and was remanded TO Polics
HEADQUARTERS. where he spent last night While
he was still in the police court he said to news
paper men:
lam an honest man. told the truth to ths Dis
trict Attorney to-day. and will tell an even more
about six months. meeting him here IN New orS:
He INTENDED m & to GO s9Qf6 d 9o 9o kga@ last sepem6
when tried help him hoat some Of nose s6S fa.
he was the head of gang Of wall Street ctoOks 70 .
would ike to make complies @ s1teTests 70 1nuss ys
wait until tomorrow, when the whole amazing
story will come out
IT was known that Humphreys admitted that
bs was the mysterious Collins" the fictitious
customer of Seton who wanted TO borrow money
on tbs bogus Norfolk and Western certificates
which Barnard & Clark. at No. % Broad-st-.
discovered last September were worthless Con-
nected with the attempt to negotiate the bogus
certificates through Barnard & Clark was an
other mysterious transaction. in which seton
and Humphreys involved. and this Will os
a part of the confession OF Humphreys winch
NAV be made known to-day In this second
transaction, it is believed. another brokerage
firm was used In an effort to float the forged
certificates.
MMOY INTRODUCED SETON
An effort was made yesterday to ascertain
what interest Andrew d. Meloy had in Seton's $
attempted deal with Barnard & Clark last Sep
ten,ber. when Seton was introduced TO the bro
,.rase firm, bv AfeIoy and IL was made one Of
the conditions of the deal that $1,000 Of the
money to be raised on the stock certificates
should he used by Collins in the purchase Of
stock Of the Guanacevi Tunnel Company. OF
Mexico Meloy formerly was connected with
Or R C. Flower in the promotion OF various
mining companies. but he turned against Dr.
Flower and gave information against him TO the
District Attorney before DR.. Flower was in
dicted for wholesale swfndng in connection
with the companies. For two years DR.. Flower
has been q fugitive from Justice and a wan
derer in Mexico.
Meloy recently promoted the Guanacevi Tun-
reI Company and has been interested in at
ten1pts to float 100000 OF the companys
stock He has spent much Of his time in the
offices OF Barnard & Clark and In the offices or
Whitlock & Hall. which near together on
the same floor OF the Broad Exchange Building.
at No IS Broad-st, but his name does not ap-
pear on the doors Of either set OF offices, and
there is no outward indication that he is
member Of either brokerage firm 3. NJ. Whit
lock is vice-president and William E Hall is
diractor OF the Guanacevi Tunnel Company.
The ofice of the tunnel company is q small
room on the second floor Of No, 81 WalI-st,.
opening from the rooms Of the Law Reporting
Company, in which tbs hearings before Commis-
sioner Sanborn. IN ths Missouri proceeding
against the Standard Oh Company, have bssn
held this week. William ". Flanagan. secrs-
tary and treasurer Of the tunnel company said
yesterday that while Msloy was the promoter oe
the company, he held only ffty-sight shares. os
So each, OF the company's stock.
Reporters who tried to find Meloy yesterday
were told at the offices OF Whitlook & He'll that
he was not In, but might be in the Offices oe
Barnard & Clark. Mr.. Clark said Meloy be-
Ionred In the other offices. Mr. Clark said thas
Meloy was not interested In the Guanacevt Tun-
mel Company, and could not have received any
OF the $4,000 which Collins was to have paid
for the compsny's stock. When asked II the
Guanacevi Tunnel Company's stock had any real
value. Mr.. Clark said hs believed It had. as bis
firm was trying TO sell the stock.
It was learned yesterday that detectives en-
gagged in the hunt for the forged Norfolk end
Western certificates had obtained clew TO the
mysterious Z. l. Green. who recently sold GER
tffcate TO William Duke in Cleveland. The man.
il was said yesterday. was neither Seton
Humphreys but had been operator in the
financial district OF this city. His arrest may
be the next important development In the in
vestigation which Assistant District Attorney
Garvan is conducting.
Henry S Fink. chairman OF the board OF
directors of the Norfolk and Western. was asked
yesterday II there a plan to call in all the
stock of the railroad company and issue new
certificates because it was known that nearly
five hundred forged certificates were outstaud-
ing He said he saw no reason for such a stop.
because any stock OF the company could bs
OLD 10