People v. Chandler

Headnote

Where, on the trial of an indictment for obtaining property by false pretences, it appeared that certain bills purporting to have been issued by a foreign bank, had been transferred under certain representations alleged to be false, and the material questions to be decided were, whether there was any such bank in existence, and whether it was solvent, it was held not to be competent to prove by a broker that, in his opinion, bills of that description never had any value, the broker not having shown any knowledge on the subject, except that he had been for twelve years a money broker, had bought and sold bank bills, and in April or May previous had been offered and had refused to take bills of the description in question.

The prisoner was convicted at the October Criminal Tenü, 1856, of having procured, by false representations, one of the firm of F. Smith & Co. to put the signature of F. Smith & Go. to their promissory note, payable to the order of one George W. Baker, and to procure said Baker’s indorsement of the note, and to deliver it to the prisoner in exchange for certain bills purporting to be issued by the President, Directors and Company of the Potomac River Bank, dated at Georgetown, in the District of Columbia, and payable on demand to the bearer. The pretences set forth as false were as follows: “ The said Clinton D. Chandler, with intent feloniously to cheat and defraud the said Frederick Smith, Addison P. Mason and Cornelius Smith” (F. Smith & Co.), did then and there feloniously, unlawfully, knowingly and designedly, falsely pretend and represent to the said Frederick Smith, that all of the aforesaid bills herein-before described were good; that he, the said Clinton D. Chandler, would sell all the property he had and take his pay in said bills; that in a published bank note and counterfeit detector (then and there presented to said Frederick Smith by said Clinton D. Chandler), said bills were quoted as good; that said bank was a good and solvent bank (then and thereby meaning that all of aforesaid bills were good and valuable pro

missory notes for the payment of money); that they were issued by an existing banking incorporation, and that said hank so existing then was a good and solvent bank.” The traverse was as follows: “ Whereas, in truth and in fact, there was not then and there any such corporation or bank as the Potomac River Bank, or the President, Directors and Company of the Potomac River Bank in existence, and had never been in existence, and he, the said Clinton D. Chandler, then and there well knew no such corporation or bank was in existence; and whereas, in truth and in fact, said bills, purporting to have been issued by the aforesaid bank hereinbefore described, were not good, and were not good and valuable promissory notes for the payment of money; and whereas, in truth and in fact, the said Potomac River Bank was not a good and solvent bank, and he, the said Clinton D. Chandler, then and there well knew,” &c. On the trial Andrew Houlestone was called by the People, and testified that he was a money broker in Buffalo, and had been for twelve years; that he bought and sold bank bills; that bills of the Potomac River Bank were offered at his counter in April or May last, and that he refused them. The district attorney asked the witness: In your opinion has this money (the Potomac River Bank hills) ever had any value? The counsel for the prisoner objected to the inquiry, that it did not appear that the witness had any knowledge, either actual or acquired in his business, and that it was merely calling for his opinion. The objection was overruled, and the prisoner excepted. The witness answered, “ In my opinion they never had.” On a bill containing this and other exceptions, the prisoner moved for a new trial.