People's Pilot, Volume 2, Number 41, Rensselaer, Jasper County, 31 March 1893 — A FORGER’S LUCK. [ARTICLE]

A FORGER’S LUCK.

A. R. Sutton, of Louisville, Gathers In 5200.000 by Means of Bogus Warehouse Receipts. Louisville, Ky., March 29.—A tremendous forgery in whisky warehouse receipts has been unearthed in this city, and A. R. Sutton, doing business as A. R. Sutton & Co., wholesale whisky dealer and exporter, is at the bottom of it. The banks have made the discovery that they have been victimized to the extent of SIOO,OOO. The banks caught are the Louisville Banking company. Farmers’ and Drovers’ bank, Western bank, German national ' bank, German security bank and the Fourth national bank. The banks of this city ■ lend hundreds of thousands of dollars on warehouse receipts, the whisky being in bond, and a certificate that the whisky is under government control is as good collateral as any bank officer wants. Sutton evidently had a plate made and struck off the bogus receipts which were forged on the following distillers: Joseph R. Walker; J. S. S. Pearcy, S. O. Hackley and the Ed Murphy company of Lawrenceburg, and Ji G. Mattingly & Co., of this city. It is understood that private persons and banks outside of the city have been caught for an additional $100,900. Sutton claims that he bought the receipts from a man named Cohn, of New Orleans, in good faith. A telegram has been sent to New Orleans, but a reply has not yet been received.