The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-11

Expended Tho Dessuiter's Visits to Gamb.
ns 4 Saloons Ills Movements Watched by a
Detective PoIicsmsn-Faro nnd ITS Conse-
auenoes-The Bo0kkse seper's Flight and Es-
cape-Wall Street in u Fever, &c., &c.
The startling announcement of the dofalcaton in tho
Union Bank published IN tho columns OF tho HERALD,
produced little excitement In Wall street yesterday,
and the subect Of universal comment throughout tho
entire city The extent of fraud has no. yet oeen fully
ascertaned, but Is believed by many persons connected
with bank that the deflcaton will noe fall Short u
SEQ Geo. Already the officers of the bank have discover
I'd hat $4,000 been absra,ted and that too within
psfoi OF two yeaYs The fraud committed by for
balances in some Instances, and false crcdiung N
hers. TheEe false entries found dated back ~ fnr
as the year 1885, but further investigator may shoS
that this system Of swindlg has existed since 1SaS Ben
an X Brotherson for such the OF the defulter,
has been employed the bank for twenty years, SO
that easy matter 10 tell how his operations
or how long the fraud carried on
THE ARREST or AN ALLEGED AccoMrLrCE.
Jacob H. Nctt broker doing business Front street.
and resident Of No t5 West Thirty seventh street, was
taken nto custody Tuesday night at his residence,
above charge 81 having been connected with other
son in the fraud. Upon examination of tho books
OF tho bank il discovered false entries had been
made in the ledger In favor Of Mott, AMI that ho
had oyerdrawn his account the extent Of about SIS 900
The manner in which tho fraud committed
similar 70 that adopted by NcGuckin the
paying teller Of tho Ocean Bank, some years ago. when
Mott would make deposit of 800 Protherson woud ex
tend the entry and make 81 ooo In this way the bank
has been dersuded out OF tens Of thousands OF dollars in
the Of few years. Mott brought before the
Mayor yesterday and Charged with being accomplco
of the fugitive bookkeeper Mr. Arthur, the cashier of the
Union Bsrx appeared complainant against the prisoner
.A.A .La H.
at large upon bail until the matter of the rrard
had been more fully investigated Mayor nemann pro
mised TO accede 70 the request, and consequently the
cused kept in close custody all day. Mott is
very respectable connections, and has always enjoyed
the reputation of being wealthy. He proessed his entire
innocence Of the charge preferred against him. and said
that he indebted 70 the bank to amount mat,
ter how much, he would indemnify tho institution
and mako good his credit With tho officers
| of the bank He recently marrkd lovely and
| accomplished lady, and lived in Hne style
sirce his wedding. Mott formerly engaged with his
brother the jewelry business, but failed, and then
turned his attention TO stock brokng in Wall street
THE COMMENCEMENT OF THE FRAUD.
or Brothersons dc6m the game of dishonesty but little
has been ascertaned. Some arc inclined to date II back
ls4s, but the inv .sgaton by the officers Of the
hank affords proofs OF his operations having extended
so far back Certain is however, that false entries
were made Far back 1855, and that period
ess sum slle 600 abstrscted His mode Of
operations skful that when organizing under
the General Banking law, in December last tho bank d.
vded surplus Of s264 1877 among the stockholders with
discovering the fraud surplus forty per was
divided, when, the directors only knew the real state
OF affairs they would have been unable 10 declare ye
per cent II was lucky thing for the stockholders
that the fraud not discovered earlier II Brotherson
had been detected In November instead OF March, tho
sockhoders would have found that their "GermaE 1te
had come to penny whistle and they would have been
obliged themselves with nothing 10 com
| Iarison with the f.t dividend which they received
| TIE DETECTIVES DISCOVERY.
When de.echve policeman Joeeph Keefe rst discovered
that Bro,herson a defaulter weeks ayo no
communicated his suspeions to the president and cashier
Of the bank bit tho latter would hardly listen tho
warning Of the Informant The suspected party had been
/ in their employment since bo q child he hal
worked himself up from the lowest bank to
the posto, OF heal booskeeper and had a~nys b,rns
excellent character. For over <enty years he hai
enjoyed their confidence and esteem Why should thny
suspect him Of dishonesty this hourP Oh no; they
could not believe the suspicion possible notwithstanding
the apparent apathy with which the ofl,erg Of the
bank treated the Mr. Kee,e oeterured not let the
matter H. stll kept track n ,ne dsfauar fol-
lowed him every afternoon from Wal various
his esravsgant pas At faro noted dowo and avory
amour. and son and then prcscntct hts caso onco
moro " the President and cashier cf tee bank TbA
second attempt the officers or the bank 70 ruo
Of the danger proved equally aborvo tho st
The deetestve endeayorei " assIro them that
with salary OF 81 600 per year could conyo.
,ently spend two three hundred ooliarc ngnt
gaming table, but in vain. They would not Lko any
mediate steps In lhe matter bat suggested tho proprety
Of further delay tinding that II uici.ss tax
hold ony further communication with them, Rcofo 10
,erminei 10 speak 10 some Of tho directors about
the matter. lie explained 10 thcm his rea-
sons for being urgent in Tho case, anil
advised immediate investigator Of the aftrs o, the
bank 10 be made. This Saturday. Tho directors
and oi,ers upon taking the hint and upon examining tho
ledger Of the suspected bookkseper, astounied
nni that extensive fraud had been going on for
years They forced at last 70 believe the state.
Of the detective, and decided " have their dis
honest employs taken mo custody.
BRorHARsos's FLIGHT FROM rHS Biyx.
arranged that the arrest Of the dtautor should
take place on Monday Tho detective opposei ~
such delay bu, the officers Of the bank thought that
would be entirely unnecessary TO push matters a. &C
cordnsly Mr. Reefe desired to call At tho bank at
o'clock Monday whon dc,iied tho arrest should
take place At 2x O'Clock Monday afternoon, tho
detective in company wh Mr.. Brevolf, Of the General
supernteneents onnce, prooeeded 70 Wall street and
made his appearance at the bank agreeable TO arrange
nent What the surprise o., tr Keeie when on his
arrival there be learned tha, Brosrson hsJ decsmped
from the bank three hours prsv' 'lsyi Tho susu
eious gances Of The oc,rs Of the insut 70 ad alarmed
The defaater and he ned 10 parts unknown. The deco
jves feelings under these circumstances can ee better
mas ned ltan dcscrbei; bus what mbrc anlNyi1g
STILL the cashier had gone 70 the Mayor made a c O'
ria a
b.en rs>ed hands Of another policeman, ono who
tnev nothing about the case snd Broicscn
In mis- life psrhar- Dkgussdand sick OF Wall street anil
s inhabfsDs keefe quilted The bank AMI bent his STEPS
hcmsvard.
PROCEEDINGS pproay THE MAYOR.
The proceedings before Mayor remsnn in relation 10
the fraud we're not OF Intensely interesting character
mt.~. of A.. s..s,.. oe Al. .-..-