New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-22
EMBEzZLEMENT OF $50, 900.
ARREST OF TIE GUILTY CLERK.
psccAo,,Loss OF YOUNG AMERICA.
WOMEN, WINE AND HORSES.

osros, KIM of The Lower Police Coart and DR..
u.v. Of TIE Bark Police arrested on Tuesday after
noon Mr. VII an j Lane IT,, charged sita having
.,,onr;,eS 20 bis own u.e funds OF tho Fulton Bxn
q, ,bs tv 70 the .roant OF Sol 900. Lane has been
.proyed 10 ,he Bank FIR pact fou' years, ana hss
c.o'ed the po.i.ion OF Trsrsf-r and Foreign Clerk
8, q salary Of Al 600 per anpum He Is yoang mar
,ieJ man ~ YEAR Of sse aud els VIE Is represeneo
IS Lowell, AID pleasing l,iy. Lsre has heretofore
resid.d with biz wife a. the house OF 81. father n
Yourtsepth st est, near Eighth avenue lii' is'ner'
William J. L.ne, senior, very respectable ana non
orable ceptleu CO. has been the Cashier oil tue uto"
Bank sirce It's f1upda'ion, ;hir y i've years $50 he
became bis SOD sureiy at the Bank IN the sum ..
so, 600 and will probably secure the Bank rom a.
Ics.es Susuisioa was fret attracted toward young
Lane by his .x,raysgsnt mode OF living and on inVes-
,jc.on IL wss found th.t he nsd represented 20 MS
father that be was the agent OF A IL. Dean n Co. Oh
Ne~Jerey.
lie pr.tended TO be collecting drafts payable "a
Phladephis ,nd Boston, and, plscing them 20 us
fathers cfect n the Bank, obtained his check Tor th'
an cunts repres. nted by them. He also made sse en-
tries in hs books, ana obtained money by that means
his post ON aiordipg him ample opportunity for -
doing.
William j. IT,, was an exceedingly fast man, and
lived in the most ex,ravagspt manner. Nst content
with one wife he formed the acquaintance OF Mss
M.ssarae, q young lady about 20 years DID, LIVING
With her mother a. No 80 West Nin.teeuth street.
tn her he was devoted 10 his misunderstanding tho
house for her for which he paid 81 900 year, and
furnishing il 10 the most sumptuous manner lie sup
pli.d her with the most costly desses, while dia'
monds iewery etc, were lavished upon her by ner
roys lover in the greatest profession His wines were
Of the cosilies aud bis horses of the fastest. He
must needs own stables where his four splendid
horses and his elegant carnsges and harnesses TO
corre.poud aere carefully cared for. Mr. Andrew j.
Sharks. however, of No. % Fourth Avenue, pre-
tended 10 be the proprietor OF the hvery arrange
meets, n at suspicion might be averted from Wihan
j. j.. William j.. jr., was well known on tue bloom
ipcdale drive; and be and his charming inisHes'
were fond of the pleasures OF the roa''
taking great delight in their prarciog cours-
ers and in distaucipg all competitors "iihaun
J also hsd fancy for lotteries, and on one coca
son vo.o Al 600 TO the purchase of small interests
in schemes of great promise. For two weeks IN sue
c.ssion be is represented to have spent $3.50 day OF
his ACKNOWLEDGEMENT funds in procuring lottery
,ck.s; ana for all hs capital thus invested ne only
drew a single prize Of 81 600. William j., IT,, was
asked ~by be did not with his other extray sgances,
keep Yacht TO which the respectable young mar re-
piled that be certainly would have done 80 If he could
| have found time to enjoy himself in that manner.
/ Among other trihes which William j., jr., bestowed
| upon his fair female cbarner WAS diamond crose
valued at O00 pair of gold bracelets worth $ooo,
| five diamond rings two pair Of diamond earrings,
gold watch and chain, innumerable SILK dresses, anu
various other slight tokens with which TO csptivate
her youthful aft, c,ions. William j., jr, WAS accom-
mod tipg withal, with bis surrepttiousy.o obtained
cash and and generously osned TO his father The SUN
Of 800. William j.. jr, takes things in the coolest
manner possible, and only seems To regret being cut
IF in the ho~er of bis youth from 80 many pleasures
| yet unts.ted, 20 many luxurious foles of which he
| bad not pa'tsken. Not only with his wines, his
women and bis horses was William j., jr., lavish in
his expenditures, but he scattered his funds freely
all sides ard rays there many tboua nds OF dollars
of which he can give no account save tina. they are
gone. William j., jr, rjoic7th the fact
| hal he the first who has thus feloniousy
| dipped into the OFFERS Of The Yalton Bank, and
| hugely regrets that he is debsrred access 10
the large sums still remaining. William j., jr.'s,
mistress visited by Officer King, and at bis re-
| quest she yielded up to HIN the many magnificent
presents she had received from her prnceiy lover.
The same officer also secured William j., jrs extern
rive livery establishment, valded at $4,000, in Lex
ngton avenue, Tsen'y.frst street, and various
other property amounting in sll to about Sl2 900.
The officer also secured trunk al No. yS Fourth ay-
enus, SAID to belong to William J.,jr which Is rep
resented to contain drafts securities and other docu
ments belonging to the bank, and which are supposed
| TO be very valuable. William j., jr, was arrested
shory after the ,sing Of the bank Tuesday, and
confronted with several Of the directors when be i'm
media,ey confessed bis peccadiGs, aud gave q clue
by which the properly recovered was obtained. His
operators have been carried for a long time, and
II is singular that they were not detected sooner.
| Lane was taken beforeJustice Osborn, who committed
! him ID the Tombs TO await All examination which
will be had so soon the sfjavts be prepared.
| Great exerions have been made 10 keep the whols
sf.ir quiet, and not until late yesterday afternoon
could al of he particulars be obtained. Deducting
the value Of the property recovered from the amount
taken q deficit of about ss 900 remains, which will
undoubtedly be made good to the bank by the
prisoners father, who is by far he greater sufferer,
whatever punishment msy be awarded the son. Mr..
Lane sr has enjoyed for years the esteem Of all who
have transacted business with bim and bears an hon
orsble reputation that rascaity of his sons
! impair.