The Washington times., 1919-11-19
ARREsTS|NST0Ck
ROBBERY ARE DUE
HERE, POLICE SAY

With the recovery from two
Washington banks OF stolen nego-
table securities valued approxi-
mateiy at $lO5,O0O, and the expected
imminent arrest of another Wash
ingtonian, detectives today declared
they had information which will
lead to the arrest of the men re-
sponsible for the theft and sale OF
at least 100000 in bonds and
stocks stolen during the past three
months from bank and broker mes
sengers employed in Wall street.
One Washingtonian, David w.
Sullivan, former saloonkeeper at
18th and z streets northwest, and
more recently of the consolidated
stock brokerage firm of Sullivan &
Co., l4i2-l4 H street northwest, is
under arrest today in New York.
He is charged with "criminally re-
ceiving two certificates of 100 shares
each of the Crucible Steel Company,
valued at S45,000."
Arrested at the Pennsylvania sta
tion in New York, by Detective Sergt.
Patrick O'Brien, as he left a train
from the capital, Sullivan protested
his innocence of any connection with
the theft of the negotiable securities.
although admitting he handled the
stocks and bonds for three men in q
legitimate financial manner.
Another Washingtonian today is under
the surveillance of detectives, and his
arrest, with that OF others in New
York. fm0mentarily Is expected. II
is expected that this washingtonian
can throw considerable light on the
transactions which resulted in the
sales, in Washington. Of the 4105,000
worth of securities which were stolen
in New York.
The two stock certificates of the
two months ago salth Frank ParnaIl.
M sss-asca. snpsoysd by Ciarse. chtias
them ne 10 Hs|sss ss & es ssys ss.gYss ssl!yss
No trace OF ParneIl has been found.
The neEotiable stocks turned up last
week at the, National Savings and
Trust Company, in this city. and the
Franklin Trust Company. in Phfla
delphia.
Victim Balls Him Out.
Winfield d. Williams, said to be a
member OF a Philadelphia tool com
pany. was arrested at the Raleigh
Hotel here last week by Detective
Sergts. Patrick O'Brien and Charles
Mullen, after he had borrowed $4,000
on one of the certificates of zoe
shares of the steel company from the
National Savings and Trust Company
| through Ellie Sheetz, Washington
candy manufacturer. Williams was
charged with bringing stolen proper
ty into the District.
Despite Williams arrest on this
! charge, Mr.. Sheetz, the candy manu-
facturer. who had vouched for him
at his bank, hailed him out on Sos
600 bonds for. hearing in court
Williams told Mr.. SheetZ that he had
gotten the certificate of 100 shares OF
Crucible Steel stock from a Philadel-
phia woman, who wanted to borrow
the money on it. and whose name he
did not desire to reveal. Williams Is
/ alleged also to have obtained a $4,000
check for some Of the steel stock from
Harry LamsoD. Washington broker
Mr.. Lamson, smelling a rat" stopped
payment on the check
With the arrest of Williams. the police
! learned that before he had negotiated
the loan from the National Savings anc
Trust Company he had been in confer
ence at the Raleigh Hotel with Sullivan
and another Washington broker. and
| that the brokerage firm OF Sullivan &
Co. had borrowed $45 900 from anothe&
banking institution here on 100 shares
of Studebaker Corporation. 800 shares
of Pennsylvania railroad and 100 shares
of Republic Iron and Steel. All of these
| stocks have been recovered by Inspec-
tor Clifford J.. Grant, chief of detectives,
who has engineered the investigation of
the bonds in New York and in this CITY.
Rorrowsd &dS OO0 u.r>