New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-05-14
NOTE SWINDLES GROW
One More .4rrest-Further Con-
LESSONS and Com plants.

Fro,, She Information gathered yesterday by
Deputy Assistant District Attorney heholepe; sei
and the detectives Of the District Attorney 80
Il became clearly evident TO them that one OF '"e
largest and most expert gangs OF note sWlnolers
in the country had been unearthed- More arrests
are expected either to-day or tomorrow, ana 'ne
District Attorneys office IS confoent thal IL VIM
have the chief of the alleged note swinders uhdef
lock and key before the end Of the week
Another arrest was made late last night, that OF
Henry Hosier. a broker. at his home NO, =" We
1o5th street. lie locked up at Police Heaoauai
tiers on a charge OF grand larceny. Conrad och"et-
kerr a grocer and butcher. at No q Bay suee''
Tompkinsyile. Staten Island, charges that f1osieF
in 1905 got him $4,000 worth OF notes. return
ing s. $50 al later date, but disoountng 1he re-
ainder- s5e-to clients. One Of these. for $3.50 ne
was forced pay, after an action IN winch ne "'
the defendant. adjudged in fauii-
f,onneu the negro who sweeps out Offices and runs
elevators al odd hours for his vocation ana whose
avocation is discoantins notes. was examined i0r
over an hour by Mr. kendleberger. VINO nlaflaseu
TO yet a lot of information from him which IS
said to connect men with the s~1noles- Con-
nell said that Barry had brought him s2oOeo IN
notes OF the American and British Manufacturing
Company 10 discount and had promised MN per
cent ii he could handle the paper On announcer
occasion he said Barry brought him 100000 in the
notes OF the Blue Ridge Enamel Brick Company
of Newark TO discount the same terms This
company is controlled by the Blanchards' directors
OF the Prudential Life Insurance Company. who
willing 10 put up Prudential STOCK 10 secure
the
aArai,,r,, KK-belnl.N who WAS recently sentenced
was brought over from the Island and made a
further confession to Mr.. Kendleberger. Among
the transa ctons he told OF was one which he saio
TreutHine. Barry and Gundach had with the
George Gehbe Publishing Company, OF PhliadeI-
phia it issued Sl.50o.c.o notes and turned them
over 10 Z. T. Treutwine 10 have discounted lie
in turn presumably turned them over 10 Barry
and Grndlach. Whelpley SAID, and they hawked
them about the street discounting them for what
ever they could g. The firm was forced into
bsnkruptcy as a result. said. of this trans
action. in 1906. Gardner, who according 10 MI
Kendleberger Is fugitive from justice, and
Others mixed up in this transaction and
helped sell the notes
Hhelpley confessed that he had deed TO the
same tract of valuable West Virginia coal lands
that Barry claims. In fact according to his story
there are number CT bogus deeds TO this tract
Of IS 600 acres float ng around the country which
have been used in many q swindling game Ma
5or' Whelpley said the land IN question was really
valuable. that the real title held either by
the Drexel estate or man named Snyder, Of Phil
adelphia and that present legal proceedings
were going 10 determine o whom il really be
longed The Norfolk & Western, he said, had an
interest in the lane through the Drexel estate
According to what Mr. kendleberger said sesteT-
day, Barry once got option on the Lesser Mills
Company, Of Arkansas. Although, so the testi-
r1ony runs he never bought the company. notes 10
signed 10 them as its president There evil
oence 10 show, however. that these notes had been
discounted
Another complaint against the alleged note swim
diers made by Samuel r Biddison. broker
Of No 11e Nassau street, who said that A. Regulus
Shippey. who is in the Tombs on the charge
OF note swindng, borrowed three $1,000 bonds Of
the Central Coal, Lumber and Construction Com
pany. promising TO pay 10 per cent interest for
their for short time, and failed TO return the
bonds.
William Lesser, appointed receiver in bankruptcy
On the petition OF r. A Breidenbach, diamond
merchant, against George II. Carpenter and Maui
rice c. Dreshield got writ Of habeas corpus ad
testifcandu from Judge Hough yesterday. upon
which Barry VIII be produced at noon to-day be
fore the referee. Mr.. Olney- Mr. Lesser believes
that II Barry is put the stand in the bankruptcy
proceedings much valuable information about his
various transactions will be got.
The examination Of the charges against Gundlach
and Barry will be continued this afternoon in the
Tombs police court.