New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-05-24
THE BANK or ALBANY.
IMPORTANT PROCEDURE.
From The A!Banp E,eu,no J,uyeai Of v.,,,ySa

Prom The Albany Er-ning JJurna! Of yes,eyday.
aoHnn van Allen, Receiver Of the Bank Of Albany
has commenced Proceedings Ia tie Supreme Court
az s' me hrm o, aose Co., which firm consists Of
ieh'y Diee'ker, William L. Blce K r, and Samuel ID.
Nose arising our Of their connection with the affairs OF
the bauk aore-ad. The comnlana,t all,oes that thu
defendants mao been IN the habit of largely overdraw.
ing their accounts without Offering propeS ,ecnit,e,.
that Henry ercker had used hi. influence "a Diretor
To obtal overdrits aud that the Cashier of he hank
had suffered himself TO lie t,mpered v ih by him.
In proof of these allegnii ns. the affidavit of EE.
Kendrick, late Cashier 81 The Bank is produced Mr.
n deposes that the snid Henry Be, Aer obtained AID
eXe'cird an undue intuence i'm; th-t he applied
20 i'm for over traits, wlrh were allowed; tHat these
transactions concealed from the President and
Directors; that he actnaied in yiel ling by the
a frances OF the said Henry Brtcher that il WAC
necessary 10 have these accommodations extended
that if they did not get Il their stand ny would he i'm.
pnl ed aud their deb alrrad, incurred 10 ssd Bank
ieoparJized; that the firm OF Vose & Co. continued 10
make such Oyedrs w 10 the time OF the resignation
Of the deponen and without tie knowledge of the
Directors aud without providing any funds TO meet
the liabues. The aiiidi, il further reel es:
l.. T.. kerdrick, IL h de, o.iIJI, says:
Iha, u 1859 and f. time previous thereto
the ad Becc.e for sud behalf 81 said brn who and
had il tue ai Of having tl.u paper oonnt-d ud being
accommodated With loans on their pager by aud sad Bank -
Aosny cersin amount, we're yey aniou, t1a the said
greater accommodation AID ocrss-rd facilities IN di'connns
ne notes that th- President ard one o, Of tss soad of
Henry Blrecker afford tn ihrssed scconmodaton,
p, vita heir sid request wh. sfosssid though he
nat'er very sr"igy urged BY sid Bleecker de-
ans Blcecsers understanding that the Directors Of
sd nsk could not he prevailed upon to sccoamodsr them 10
said Tier ry cocker and Wu Blrecker privately spilled
s depobe'i and requested hm to so~ them pSafy aIa
dls the checks ofthr hm on aid Bu, without providing
OF The inds Of Lid Bank -pe.rug that Absolutely
necessary them to be re e'sd IN and tia, they
must in wa hse ne use Of lag amount o. m2n-, from
Bank than thy had had or the Directors would allow them
to have That sad depon't wa 80 impuord o .ad Bleecs
that be at l't was induced aud consented TO allow
oyerd'ats by them wi'hoo, sno" edge Or consent OF
the Dlr,ctors Of said Bsnk aud TO conceal the
sane from the Board Of Directors of said Bank and
heeupon eater The said defendants Beecs,r did draw
n aid ban. without pr lyding any iepo property
.ecute. said checks. SUD ~houttb knowledge Of tn.
aud p,d by de- vi hpu, b tuo~edge or consent
authority o. 'el dect1 sd ,h 20 ,s .. soe l
d laid and the ssd defendants bl,ssen vel
during The time Of their uakig sad over dra
that nsd- without the koovledge OF
sad directors and we've paid ~hou, sH Know ledge o. ats,
such iuporuoiiies be- sofu,,sd by The per.ons
ecton Henry u his opponent Of the direct
aud by the sssuances Of ihe 'sd Die cse tba ~"
sbsyley say for " said nru TO have the Increased sc
coumod tior TO any on the business OF me 'sd him ara we,
y wee ahunoaniy soe 90 sy or secure 81 such over dfN
when required sud that they could not Obtain such increased
epsd her debt already r-d laid and .sid
defendants Be- s'r. ond.r he private r"Andns sd 0,
TO sid ate I'd, lime Of ie re-snson VI ne
ell . , sr co. N, ., .s ssas 90
without pcydins any deposit. securing
for, tbs, .sid d's rraeled id-r,ol. .@oan
IN the year 1889 a rapidly increased BY tnen
ir)m that time until the rs.i-n,sion Of degossnt {"
clsse Of the interest nsdr by aid defendant. uPor
said aad by dspossn 81 the time Of the ~.
"a and fo,sy hunf,ed aad .a,fy daay,
and iy eep', h., all aid oyerIat mate a. sSro
said under aid private undss dug Nth deponet and ssrs
known il,h zvd by the Dhrco. Of sid BsDs and hs
said saslc0n- not cohnuta 81 o. them BY ssd De
f~uf. To- u ION and A. 10
yitrd by them m~e aid CHECKS oysrdfssu BY aid d-ien%
.s dsi,bda stated have been returned
p1 by them dIQeut kBo~ Ledge ard fepoueut tha
daring the tine be was Cashier a. Aforesaid the
,sd de-1dant. b.csef $50 iu0lcsd aud procured him
obtain snsd by he 'aid hn sHd payable TO the ORDER
end i1iored ~ Nm beeer 70 b. d-cpuutd FOR The bsn
eht Of aid Bsscke' said lin, 10 he Of said Bank Of
Albany the Baik I'd Couu. e1tenise baking Ia ta
ton ing tuuss o. the cy OF Ne" a. aud TO pss over te
them hs d-rud,ns the av,s ~ sid douuts ard he Jepo
r,-uo.d IN pressed ~ Oct d-us Be~ck-f. dd
discount. " sid notes m tho q 'sa
T. sai defendants under sldis D.t the dfeud
at. beesr ud .o depourn that aid ,ransacors houy
Mt be communicated 70 the aid pneeiou Of aid
B.us and hey should Kept ignorant thereof Ard toe de-
procure discount. ssd pas lie syto said defendants
81, unnbr OF notes mad. by i.ercsut. a. dissrni
,urs sd ~ different GUNS 90 .v-r, a'se amount al without
he know lcigs rus'ut or auhlny o TIE betto 10 o.
PENDANTS bl--ck-s we'll knew sud Geponcn say tls the sad
udor.oi ai discounted - 0rrad 70 the snount or
f,s,,o a. ., 5, a ga o.,.1.n me-
orPYeni Of the se Or auy pat s'eoi that some o. 'hs
rhe., are startling obligations. Tie defendants
have long oant,iuei high position 10 business ci-
cles, and l. difficult 10 believe TIA; they have com
mlited tie ohences alleged.
he suit Instituted by Adam Van Allen j. Tor the
recovery OF the an lrt- alleged in l. affidavit of T..
T.. kendIick, VIZ: - oJU s. alleged TO have been
obtained from the Bank OF Albany add go, go from
the Bank of Commerce, Nes-loik, together with
some other small SINS OF money UPON checks, which
We nave not u,ui, ncd.
We learn that Deputy. SbenG CLIFTON this morning
arrested VIM r. aud Henry Bleecsor, with ins,ruc.
lions to hold them in defiult of 00 0JO bail each.