The New York herald., 1866-09-02
THE NASSAU BANK DEFALCArIoH.

Further Particulars Statements or the Bank
Omosrs aad Of the Accused Parallel
Cases, 60.
The sstonshmens with which our readers xsre seized
upsa reading tho published account Of the heavy
bsxxesnt Of s funds OF the Phenix Bank BY Jenkins
was again excited BY the publication In the HERALD Of
yesterday OF nssry parallel case in the OF the
detection and arrest Of George Briggs paying teller Of
the Nassau Bank, and the announcement that he was
defaulter to heavy amount. The facility with which
the fraud committed, and the seeming immunity
from suspicion for heightened period similar
in each case and was consequence Of the unlimited
dence reposod In the defaung clerks by the officers Of
the bank permitting them the charge OF large sums Of
money portion Of which first taken a loan, but
not being replaced as anticipated further amount
abstracted by the of which it hoped supply
the deficit occaslened by the first loan The disposition
Of the funds thus taken is also alike the amoun
eaero will be recoeced having bssn squapdercd
saloons and upon the loose who belong
10 and frequent such places and n this latter reck
osay thrown away in the numerous gambling saloons
on Broadway.
now BRIGGS WAS SUSPECTED.
Suspicion was first excited by heavy play and steady
ili-uGk Of person who, the police informed,
regular frequenter Of certain gambling saloons, and
who was known 10 be an officer OF bank down town.
Il was once supposed the funds Of institution
must be unsafe in such charge, and suspicion enter
tanned that all not right Inquiry respecting the in
divdual thus coming under surveillance furnished the
police with the information that his name George
d. Briggs and that he held the position Of paying teller
Having ascertaned these facts. Friday morning last
Superintendent Kennedy addressed note to the pres
dent OF the bank Mr. Biydenburgh asking interview
and requesting the kept pri
vate In obedience 70 this request Ar. Biydenburgh
waited upon the Superintendent Mr. Kennedy inquired
Mr. s% Of s
"Is he man Of % inquired Mr. Kennedy. Mr..
Blydenburgh thought he was. Mr: Ksnnedy.-
lose $50 900 in three weeks by gambngf This
tcrrogatory astonshed Mr. Blydenburgh, who said he
thought nOs, bGs Ms astouiahmcut much greater
when the Superintendent informed him tina, Mr Briggs
had lost that amount In three weeks, and much
s . that Y nses n %0ssns % .s % for
on that point Mr. Kennedy declined TO satisfy him.
Consultation thcn had as to what best 70 be
Done Mr. Kennedy advised that Briggs be Immediately
suspsAdsd and Investigation msdo Of his books. Mr.
Blydeu6urh desired 70 consult with the board Of drec
tors but represented him by Mr. Kennedy that
gas better not 10 delay that long lest any Of the evil
dence might be lost 10 the destruction Of the books
papers Of the bank by the accused should he obtain any
lowed BY Mr. Biydenburgh who immediately returned to
the bank, and calling Briggs into private room taxed
stated that he thought his entertainments would
TO over $4,000 and less than 100000 He subso
quontly arrested and taken 10 headquarters
At drst tho officials OF tho bank we're somewhat reti
u. " su ssy ID
power evcry facility FOR the public become
fully acquainted with all tho facts or the case. ap
pears that The most unlimited copddence placed in
the honesty and correctness Of Briggs He allowed
balance his cash without supervision a the close OF
each day, and his only inspected perod
cally BY the onicsr upon whom that duty dsvolved
THE AMOUNT
Since the last inspection, that s TO say, during the
last thrce four weeks Briggs abstraced various sums
from the cash, the aggregate amoans being $4,000
STATEMENT OF THE ACCUSED.
The whole OF this amount Briggs says was lost by
gambling and through unfortunate speculation In stocks
He commenced first by borrowing" small sum which
t.al at httsf MI md
expected losses he became deeper and deeper involved
until at last discovery was inevitable.
The bank holds Brggs bond for ten thousand dollars
besides other securities that they estimate the not
loss about ny thousand dollars Tho telers accounts
bio 20 give the exact particulars AZ present but no appe
henson felt OF any further defacaton than what 10
already known being discovered.
LYrTKK IRON THE rRysfDEsr
letter been received from the president Of the
bank Of which the following is the text
on by paving teller n this bank being In
several parlcuiars II deemed proper ~ make statement
O. hs tses a. they appear upon ,"
$4,000 which bank holds securities from
which consde rabe portion Of tho amount abstracied will
be COLLECTED The actual loss TO the bank Is not In excess u
5000. The surplus Of The bank e ~ this time
SeWUO. II. BLyDENBURG. President
preliminary sxsminasiou Of Brggs te have
tsksa place yesterday ~ she Tombs beosc Justne Dow
psSoc hradquarsrs By inspscssr Oarpenssr. but tho
haak people Ssaysd - pssspens the examination,
ths pcs that they had sueisutiy suvesesscd their
accounts asoeyasin the sm0unt ahe1racaed The
Justice accordingly postponed the preliminary pro-
cecdings tn tssnofro~ 81 trn A. \.