The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-15
The Ocean Bank Embcxxlemont Case.
EXAMINATION BEFORE JUDGE BsxBK.


The preliminary examination in the case Of william
B. McGuckin late teller OF the Ocean Bank, Who
is at present in custody on charge Of embszzlng
the funds of that institution the amount OF between
$4,000 and $50 900, commenced yesterday after
before Judge Bccbe, Mr. Whiting acting counsel
for the bank, and Messrs John r. and James r. Brady
for the accused The following the result Of tho brief
examination held yesterday:--
David r. Martini of 1893 Fourth street, was examined
by Mr.. Whiting, and testified follows.-Q Are you
the President Of the Ocean Bank Of the city New York;
A. Yes sir.
A. Four years, within a very few days
Q. Was Vim. B. McGuckn at any time employed in
that banky and If SO, in what capactys A. He for
teller
In that capacity what funds belonging to the bank
came into his possetsiony All the circulating notes
all the coin and the daily exchanges.
q Did all that was generally termed cash items Of the
'1oA 6a 0H%i Ss n.% ~ ms Il. ,a Yes s
when, leave his stuation as such tellerf A On the
evening Of the 14th Of October 1854 he left Of his own
O. When did you next see hims A. On the evening Of
the nth of October last.
after McGucLn left the bank on the evening Of the I4S
up to the time you saw him.
O'Clock ut the bank asked him II he bad instruct
ed to put up S25 of circulation by the cashsr
to send to Albany for redempon his reply was that he
morning at O'Clock, to give him the bills Knowinx
that fact myself went the bank at half past O
minutes past wien Mr. Freeman Loomis came into the
directors and said he had very painful news
te communicates asked him what il his reply was,
(holding out the keys OF MIR. Mcucsns trunk in which
he kept his money iems,) that Mr. McGuckn could NOT
come TO the bank his cash short S75 900 $780,
that McGuckin told him to say that his bills were
short OF his balance on Saturday some 94O o0 took
the keys that he gave me ~ and handed them 70 the
at Mr. McGuckin's desk, he would probably not b.
there that day. Mr. LOOMS being very much excited and
crying, took him stairs in private once, whore hs
revealed far he said he able an account Of the
dcfalcaton. He there stated that McGucxin had been
his e o.an s.n pis' ssS q ss
81 ). Dunning's for large amounts IN the aegrs-
gate, in Mr. Dunnings Office, in the mornings before
meet hem and that had gone from time To time nm
III the amount that he had used himself was about
versa'ion continued some time, but this was the
purport Of III have Il written down but have II not
now After this he left, and saw him two or three
times IN the course Of the day, having requested him 70
find McGuckin, anil bring him to the bank, which he
promised he would The business Of the day continued
as usua the second teller performing the duties Of tho
first Immediately after business hours we went iuto
examination of the cash Of the frst teller
when Mr. hsnsain % left on g. urd.y night his s.hne.
bank hills Of the Ocean and banks and We found
band but IS 733 showing deficiency Of go t05 i0
and We paid that day fraudulent checks certified ~
him. $S7 leo This is ~ far discovered on that
evening. subsequently round, after We saw Mr. Me-
Guckn that he had charged original duplicate chscks
10 the amount Of $500 for the house Of Drcxel Co.
of Phiattlpha and charged TO the Ocean Bank by
fasihcaton Of figures 81 600 to Welden kPainter check
end note, both Of the amounte92O 20 To each VIM
r.. sluy er A Co check and note both S3ea So max
ng the total 1874 TO- and making the total
sl04 400 CO; saw Mcsuchen on the Tuesday ey.ninx
fter be lett the bant ct tho foot Crtandt strest
we walked MP far Greenwich street togsther fro
the foot Of Cortanot street. he having come across the
river and asked him f no would 90 nto the baak and
tell us In what manner this money had bsen taken; he
seemed III and was very feeble, saying that he had
neither eaten nor slept Stree saturday but that n
would excrs him he would positively down in the
morning. he did come, accordiug to promise and after
remaining IN the bank an hour and Gndng that
we could 90 nothing until after busness hours he said
ne would then rcturn and AID al he could, and give
s all the Information he possessd q = our losss
he came at the hour he fixed hnsslfsbCut oclock--
and remained tin about II oolOck, but was b stuo
ton TO give kind Of Information o. assstance, Gx
cept to state that largo part Of this msasy had bsem
had BY Mr. IOoms and the 1essrs. Dunnings, and -
promised 70 briDr me the nsxt morulng fun duAue0
statement Of the exact amounts each had had.
Hsre the examination had TO c0ss u was eettinR
too DARK for the counsel to write their notsu ed =
judge Bssbs said the Comptroller would doubsss rss0
stepping the payment Of the salass Of school tsaoh
and the oGcials about the CITY Han, y ds1sGinsA -
| so 10 stop the wheels Of justice.
Notice 10 again given that au applieatiou v ~ -