Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1859-10-14
tFrou tie n Y. Times, Sept % -...-.
Fest xourg Mer, Fast Women, and
T,s% RTS&1as,

tFrofu TIE n. Y Times, Sept. %.
Fest xourg Mer, Fast Women, and
-- Fast zIstsess s .-s
The transfer and foreign note clerk of the
Fulton Bank, Mr.. VIM. j. Lans, Jr. ~as taken
before Justice Osburn at the Lever Peliee
Court, yesterday, on charge of embezzement,
preferred by Mr.. Joseph Kernoclan the Pres
ident of the Institution. The accused 4tas az
rested on Tuesday afternoon, by Officer King
of the Toombs Police Court, who. assisted by
Mr.. Gil Hays, Of the Bauk Police, had been
working up the case since Monday noon, at
which time the fraudulent transactions of the
prisoner were first discovered. 1t was first
thought better to keep the matter quiet, after
the embezzlement had been found out. that
Lane might be placed under Surveillance, aud
that the officers, by following him to his haunts
might possibly recover Il portion of the prop
erty. The sequal proved however, that for
! this there was no necessity, as Lane after he
had been taken into custody confessed his
crminality to the officers. and even sIsseti them
where portion of the property might be re-
The deficit, which the Bank officers assert 70
| amount in the aggregate to- S6O.442s ID. was
first made public yesterday morning. Lanes
mode of operation is said to be very ingenious
Pretending to be the agent of A. b. Dean &
Co., of New jersey, heswould eolestsin his fa-
thers name, bills receivable in Boston, Phila7
delphia and Baltimore, which are supposed to
to have been all fictitious. Entering these to
the credit of his father, upon the books of the
Bank, when the bills were supposed to be re-
allied, he would receive bis fathers check on
the Fulton Bank, for the proeeeasr That no
discrepancyin the accounts uith correspond !
ing Banks should appearsIlane woald leave
unchanged for a few days actual bills reeeiya- !
Bile, sufficient to cover the deficiency which
would otherwise be shown. Its supposed, a. |
SO, that when the general bookcepcr Of the in
stitution made out his account current to be !
sent to each of the Bank correspondents,
Lane would make a fictitious one aud forward
it in its place-his position in the, Bank at- I
fording facilities for so doing. - ,..ss-'.f.
The fraud was detected 10y Mr. Lane Senior. !
the father of the prisoner, and. Cashier of the |
Bank. He Immediately informed the direct
ors of the fact. Mr.. Late, Sen, has been con |
nected with the Bank almost from its ofgari. !
cation, which took place Sc years ago. He is
well known and much respected in this city
Upon him the effect Of the delinquent S eon-
duct will be felt, not only III his family feIA- /
tions, but also in his pceoniary aff;lifs. He
was bOndsman for his son to the amount of |
$4,000, and the bank holds his check for the
amount drawn from it upon the fictitious SC. |
curities. The Bank, then, will Only Be 2 loser t
in the event of Mr.. Lanes inability to restore
the amount that has been distracted. Even
were the Bank to lose the whole, its gofAlitio1
would be but slightly affected, as with its cap
itaf of only $600,00O, its last return shows a
surplus of $279,67l. 5g
The accused is about 2S years of age, and |
has held bis elerkship in the Bank for the past
four years, at All annudl salary of $3.50. He |
is married, hut chdess aid he aid his wifefe
sided with biz father, in Fourteenth street, near
Egth avenue 1t is said that about two
months ago fouhg Lane was met on the
Bloominglale Road, driving very stylish
team, by one of the Bank Directors who
took occasion. TO suggest that the young
man appeared to be spending more money
than his salary would warrant. 3, sr
His friends, however, in explanation, acconn-
ted for it by stating that he received compensa-
tion from the employment of sleisure time us
bookeeper, ard from acting as agent for the
New Jersey firm of A. B. Dean & Co. After !
Lanes arrest, on Tuesday afternoon, he accom-
panied the officers 10 house which he had hired !
at No. 280 West Nineteenth street, at au annual
rent of 81 600. Here they were introduced |
to young woman about 10 years of age
named Meserole, with whom the prisoner sta
ted that he had been living for three or four years
on terms of the most familiar intimacy. The |
fbara a,,I of ,oIer
reside in the same house. Lane couversed /
quite unhesitatingly with the officers upon his
affairs. He said that this establishment, which !,
was magnifciently furnished, had cost him
vast sum of money and his annual expenditure
for its support had been about $4,000, though I,
to avoid exposure, all bills were made out in |
the name of Andrew j, Sparks, friend of
his, who lives at No. 9S Fourth Avenue. AZ |
ter the introduction to the young woman, OF |
fcer King related to her the nature Of the bu-
sness upon which he had called telling her
that he would be Obliged If she would pass
over to him the valuable jewelry which Lane had |
previously admitted TO have been bought with
funds OF the Bank and presented to her.
The lady, without hesitation, acceded to the |
demand, and going across the room to the fire |
place, which appeared to be the repository of
her valuables, she produced her jewel case. In
it were diamond cross which had cost 81 900, |
one pair of gold bracelets worth $475 each,an-
other pair of gold linked bracelets, FIVE dia- |
mond rings, a pair Of diamond eaTrings,
gold watch set with diamonds, and other jew
elry, in all worth between five and six thon-
sand dollars, Next Lane guided the officers
to his private stable in Lexington Avenue,
near Twenty-frst street Here lie showed
them four fine horses valued at S6000--one of
them alone having cost 81 400 TO transport