New-York tribune., 1910-11-05
.DUNPHY HELD FOR larceny
Man Who Borrowed on Canadian
Mines Stock Is Arrested.
TAKEN IN PHILADELPHIA
Charge That Transfer Was
Stopped on Stock Hypothe-
Gated with Bank.

Arthur A. Dunphy was arrested vesrer-
day in Philadelphia and held 10 await the
arrival Of requisition papers from this
state. the arrest being the result of an IN
vestigation District Attorney Whitman has
oeen making since last April into the af-
fairs Of the Canadian Mines Company In
dictments of several persons well known n
the financial district are expected TO follow
the arrest of Dunphy
The stock of the Canadian Mines Com
pany was ordered stricken from the curb
market list Yesterday by z. s Mendels.
agent Of the New York Curb Market This
action practically prohibits further trans
action IN the stock on the curb. Mr.. Men
dels said that he had ordered the stock off
the list because the Register and Transfer
Company, the registrar of the Canadian
Mines Company. had refused TO act for the
company any longer.
Mr. Mendels added that the company had
given him good deal Of trouble in the
two years that its stock had been on the
curb. About year ago he had taken the
stock off the list. he said because of trou-
Dles the company had had with its loans.
but the loans were Strengthened out later
and he had put the stock back on the list.
Police Long After Dunphy
The police have been looking for Dunphy
since losers on loans on Canadian Mines
Company stock to the extent Of nearly
$50o00 began to appear last spring The
Anglo-South American Bank lost $4,000.
Foster & Waltenberg. of No. - Broad
street. $500: Catlin & Powell of No 81
Wall street. 5000 and Bioren & Co, of
Philadelphia. $4,000
Bioren & Co. brought suit to recover their
money. making Mack Bros, of No. II
Wall street, selling agents for the Cana
dian Mines Company. Walter 3. RAYMOND,
also Of No 10 Wall street president Of the
company: James J. Campbell. who has his
office with Iack Bros, and is alleged 10
be an employe of theirs and Hudreth &
Carnrick. brokers. defendants. and charging
them with conspiracy. The complaint of
the Anglo South American Bank. making
the same charges. was put in the hands of
District Attorney Whitman. and IL was the
Investigation OF this complaint that re-
suited in the arrest of Dunphy
The complaint OF the Anslo-South Ameri-
can Bank makes the specific charge of the
larceny of $4,000 10y Dunphy through a loan
Of that amount made on November TO- 1873
and secured bv 500 shares Of Canadian
Mines Company stock The loan was for
sixty days. and when it was not paid on
maturity the bank ordered 5000 shares OF
the stock sold on the curb
The stock was bought the complaint
says, by Campbell. who demanded that il
be transferred TO John J. Nally before he
would pay for II. The Windsor Trust Com
pany was a that time the transfer agent
for the stock and when the bank asked
10 have the transfer made the trust com
panv said that transfer had been stopped
by Walter 3. Raymond president of the
Canadian Mines Company
How Dunphy Obtained Loan.
Dunphv had represented himself as agent
Of the National Protective Association OF
Williamsport, Penn. in negotiating the
loan. and had approached the Anglo-South
American Bank through Uhrfelder, Thomp-
son & Co, q brokerage firm with which the
bank had done business for some time
When the Windsor Trust Company refused
10 transfer the stock the bank went ia
RAYMOND for an explanation
RAYMOND the complaint saws, showed
Edwin T Rice. counsel for the bank, re-
ceipt from the National Protective As
sociation dated November 10, 1903, the same
date as the loan 10 Dunphy, acknowledg-
ing the delivery of note of Mack Broth
ers also dated November "a. 1903 secured
by fve thousand shares of Canadian Mines
Company stock Raymond said that the
transfer Of the stock had been stopped on
the request OF Mack Brothers, and &C
cordng Ia the complaint he appeared also
as counsel for Mack Brothers, and said
that their rights had been violated by the
rehypothecation Of the stock by the Ma
ttonal Protective Association as security
can Bank
Bioren & co. charge IN their suit that