New-York tribune., 1921-02-04
Two Strangers
Sold S235,O()0
Stolen Bonds
Forged Letter Employed
10 Dispose of Securi-
ties Seized i'm HoIa-JJp
Here 10 Memphis Rroker
$4,000 Still Missing
Basak official Resigns;
Investigations to Establish
Ownership Is Under Way


coo in. stolen Liberty bonds which
turned up in New York yesterday and
were traced to this city, were disposed
of here. together with $4,000 more,
which seem still to be missing, by two
strangers known as "B. Anderson" and
Mr.. Cameron, OF Mississippi" detce-
tives working on the case discovered
to-day.
B. Anderson and Mr.. Cameron, of
mississippi, vanished with as little
ostentation as attended their appear
ance here and nc trace Of their subse-
quent movements has been found. The
pollce would like to hear from them
and SO would oSe or two prominent
citizens OF this place, VITO still are in
cilned to believe that the afauent and
saaVe pain are the responsible business
men they seemed and were innocent
agents in the disposal Of the stolen
bonds. One of these interested citizens
resigned as vice president Of a bank
to-day IN consequence of his chagrin.
Stolen in Hold-Up Here
Mr.. Cameron, Of Mississippi, had
S190s000 OF the bonds, which were dis
covered to be part of the plGnder OBJ
tanned by the hoad-up men who at
tackled messengers Of the firm of Kean,
Taylor q Co, in New York, November
80 last. B. Anderson had $4,000 Of
the bonds, which were identified yes
terday in New York, and $4,000 more
IN Liberty bonds, which appear not vet
to have been traced and identified.
Mr.. Cameron, of Mississippi, went
to R. q. Priddy. of the Priddy, Viii
liaIns Company, local bond brokers'.
and presented a letter which he said
was from Daniel Brewer, of Ciarks-
Gale, Miss, an attorney who has rep
resented Mr.. Priddy in litigation In
that state and in whom he has com
plete confdencs. Mr.. Brewers name
vas signed to the letter, and Mr..
Priddy, charmed by the twangsoma
drawl Of his caller, took it for granted
The s19o,ooO in Liberty bonds were
genuine beyond doubt The manner
and Introduction of MIR. Cameron, of
MISSISSIPPI, disarmed suspicion and Mr..
Priddy accepted the bonds, turning
them in later in business routine to
the Union and Planters Bank and
Trust Company, of this city. From
there the bonds travelled to Chicago,
Mhere they came into possession of G.,
r. Chllds Co., who sent them to
New York to be exchanged for bonds
Reserve Bank.
From the time the bonds came into
the hands Of Mr.. Priddy until tfley
reached a teller in the Federal Reserve
Bank in New York there was no sus-
plclon on the. part Of any of those hold
ing them that they were handling
stolen securities. At the Federal Re.
serve Bank, however, the numbers on
the bonds We're recognized, and the
investigation was set afooE.
Never Heard Of Cameron
AS soon as the news reached this
city Mr.. Priddy telegraphed to Mr.
Brewer, his Clarksdale attorney. and
learned, TO his CONSERVATION, that Mr..
Brewer never had heard of Mr.. Cam
eron, OF Mississippi, and had given no
enc letter of introduction TO Mr..
Priddy.
B, Anderson had no letter of intro
ductlon. Neither had he Mississippi
crawl. he mad an alert and prosperous
air, however, and q knack Of impress
ing his individuality upon strangers.
So, when he approached w. L. Huntley
II, vice-president Of the National City
Bank here. with business PROPOSE
ton, Mr. Huntley remembered having
seen him about the bank, liked his
looks and listened to his proposition.
It sounded like good one, aud Mr..
Huntley agreed to accommodate Mr..
B. Anderson to the extent of intro
dueing. him to M. B. Joseph, Of the
firm Of Joseph-Myers, Inc, jewelers. of
this city As flavor to Mr.. Huntley.
Mr.. Joseph says, he disposed of the
$4,000 in Liberty bonds with which
B. Anderson was burdened, and these
bonds also in the routine of busines
came into the hands Of the Priddy,
Williams Company.
Mr.. Huntley was entirely unsuspi-
cious OF B. Anderson up to the receipt
Of the news last night that $4,000 Of
2. Anderson's bonds had been identi-
he'd as stolen property. Although the
National City Bank was not involved
In his, deal with B. Anderson in any
way, Mr.. Huntley resigned from the
institution to-day. Mr.. Joseph also
looked upon B. Anderson as an honest
man and profited not penny by the
transaction, he says, adding that he
Woald not have undertaken IL except
for his esteem for Mr.. Huntley.
The possibility of litigation to de.
termine the ownership of $236,0
wcrth of the $466,00o in Liberty bonds
stolen from employees of Kean, Tay
lor CO., Nassau Street, and subse-
quently hypothecated, lopmed up yes
terday. The securities are now in the
possession of c.. +. Childs e. CO., bond
dealers, of 1870 Broadway, who pur-
chased them through the instruInen-
tality of a Memphis bank.
District Attorney Harry Lewis of