Salt Lake Telegram | 1929-09-24 | Page 4 | Mail Collector Finds $412,000 Stolen Bonds

MAIL COLLECTOR HN FINDS Z r BONOS BONO'S I 5 5 P Police Holding Pair Seek Master Mind ot of Wall Walli i i Street Theft cr r 5 YORK NEW JEW YC K Sept ePt 24 AP AP With Wll l lt t 6 0 of ot tho stolen securities recovered re to c covered vered from i a l'- naIl mall box police to today too to to- S o day lay sought a m man n d described as ns the tor in a Wall Wallstreet street theft through an nn old 18 it AU but hut worth of ortho tho bonds bonds' cre found in a n. loosely ly wrapped package l a G hi n a an East Side mail hafI box A 4 O substitute collectors collector wh ho lound the package said h he th thought it to be a n. bundle of or wastepaper and about to discard it ft It then d sl t to take tale it to the Lice FINDS S SECURITIES CURIT ES S A A clerk opened opened the bundle and f id it contained a a. n e messengers messenger's briefcase fc lettered d with Hh the name R B. B i V w Hiscoe Co and with the name Milton Ulton Alter scratched d on it The l securities were Inside Milton Alter has hau been under arre arrest arrest ar ar- ar- ar re rest t since last Jast I Friday lda k when l he e re repented ye- ye to his liIs employers C Co that he Ie had hd been and S ob l-ob robbed d of ot or orSI SI in securities which h he was was sent to to bring from the G Guaranty Trust company compan After Aftel fr frequent quent ch changes nSe in Tile his story Alter iter finally told of or t the ie con Ph c naming D David Jd aVid AnCl Carl Call Forman Formin wa was wa arr arrested sted He confessed his part In the bond theft theU plot nn and j joined J ed with Alt Alter r in naming For For- Irian AS aTs the tha leader HAVE AV RECORDS Police PolI e Commissioner Whalen said ld he b believed Forman had drop dropped cd the thes the's securities s into the mall maIl box wh when n lie l learned J that police were seeking him Both Forman Fornan and have police e records Forman Formanis 1 Is und un under tinder tin un- d der r a a. s suspended suspend sentence for or at- at to r rob b a a. Jc Jewelry store stor tor and S rg ls is on f federal deral prObation probation proba prOba- tion after a a. conviction for rob robbing th malls H He and Alter nr are charged d wl with h grand Jarc larceny ny in the securities theft case