The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-25
THE sHAKY SAVINGS BANKS


TIE Dssrs sam Lacked Fast-The Trouble
Ressisins frso The Gsilt Of the Secretary
ssx Tie Neaitsescs 81 the Directors-Conk.
ns's Dtsappearasce-Ths Depesit0rs Dis
~sstessed.
the Market savings Bank was still closed yester-
day. looking peculiarly gloomy and inhospitaoe TO
the throng Of depositors that fingered In the hall
ana about the door during the hours OF business.
No access could he had TO the once OF the President
without continuous rapplng. which was only re-
sponded 10 afses the lapse Of some time
BY one % the clerks, whose business IL
evidently vas 20 get rid Of all inquirers as
speedily and unceremoniouslv a. possible. He,
however. treated the representative OF the HERALD
a. oourteoasly a. could be expected. although not
40 with those anxious and dlsagreeabiy persistent
indlvionals Who come 20 make dolefu queries about
the savings when they mad fondiy trusted TO the
rnk DKfAuLrfSG SECRETARY.
u appears mat Mr.. Dennis. the Receiver, has DIS
covered mat the statement last made by the secre-
tary fConknnl 20 the Directors entirely false IL
composed % ingenious lea invented 10 hide ms
a. m me pos-s-sion Of the psnf were utterly worth.
less Par. o. the onns o. quit y put upon me d
over ne saey o secr
tary having such blind confidence m mis- ability aud
integrity that they permitted MN 70 do Altogether
gentlemen were NOT very faithful in the duties Of
ineir position and morally responsible for the
rms CONDITIONS OF AvvArRs.
Mr. James Dennis Is working sssiduously in pre-
be hopes VIII be completed IN . very few DAYS. He
has already gone FAR enough IN the Investigation 10
Tney VIII recover very little Of what u OWED them,
the liabilities far exceeding its assets
A skxrlss 90 rnx p .is, 40 o 49,, -
meeting " 70 he heia today 70 make efforts
ss s s9 oss Of ss
ing ID not known.
rms SECRETARY MON Esr.
II n positively stated at the bank that Conkln,
the Secretary indeed left the city, HIS defalca.
ton n said 90 he very large Several notices posted
tain nrns which have gwen cnecks upon tins bank
VIII pay Them upon their presentation by the hold
ers, which u " presumed very speedily occtAs aileI
they are read oy the iatter.
Mr.. Cenklis, the secretary or the Market
savings Bank. Csnfe..cs se Havins Alb.
ssracsed and Lost S125,o0O Of the Bask''
Fands-Siss Departure ssr Parts usknown-
Warrant Of Afsachnest Against His Prep
erty.
the mystery Of the suspension Of the Market
savings Bank II beginning to clear itself mp. II
fact. the cloud Of DOUBT overshadowi the matte
was cleared away several days since In the mind o
Mr.. James Deunis, the receiver, but was not pub
licly made known untn yesterday. through the ap
pcarancc or this gentleman before Judge Bar
rctt In the Supreme Court Chambers
The business bringing hun there wal
quickly made known, having been embodied
IN an anidayit This afidavit set forth that Henry
X Conklin. the late secretary OF the bank n Ia.
debted TO the bank m the sum OF $l2500o, and that
the Indebtedness came about through MS aostractng
tnis amount from the funds OF the bank ana con-
verting the same 10 his own use. But THIS did not
end the story. Mr.. Dennis went on 70 say that Mr..
ConAin had confessed that he han used THIS
amount OF the banks money; that the latter had
been assisting him up to SATURDAY. last IN overhaul.
ing the AFFAIRS OF the bank and strengthening them
out; that he had not been seen IN this city since;
that he could not he found at MS place oil residence
anu IN at u was believed ne had absconded.
Mr.. James 81 Carpenter also made afndavit that
Mr. Conklin had admitted 10 him that he mad con-
verted TO hrs own and lost S25000 OF the banks
funds. lie SAID further that on last sunday ne nes
Conklin at the Grand Hotel, ana tina. Couklin then
told MIN he intended To 60 TO Canada, but promised
TO see him the next day, and failing 10 do 40. he
called ON Monday morning at the residence OF
Richard Carpenter, IN Jersey CITY, brother ln.a
OF Conktn aud there told that he had Left that
morning for the West on the Erie Railroad.
Upon the above afldavits warrant OF attachment
was issued against the property OF Conku, and, OF
course, II any property can he found-whcn ~ sait
now, however, to be very doubtfui-the same VIII n
| once be seized under THIS process OF me Court.