The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1872-08-22

THE best protection against burglars and fire
is well constructed and ably managed Safe
Deposit Vault The object of this article is to
call the attention of citizens to the fact that
we have an institution of this kind in our city
pronounced by those best informed upon mat
tiers, as second to none in the country; built and
organized with the sole view of receiving and
keeping valnables, such as bonds, wills, silver
ware, jewelry, and in fact everything having
money value, secure from the attacks of bur-
glars and destruction by fire. How often are
we reminded of the insecurity of bank vaults;
every few days we hear of of the forcible entry
of bank vaults and safes and the robbery of
their contents In most every instance this in
cludes the deposits made by parties for safety,
without any consideration to the bank, other
than the fact that they are depositors and Gus
toners of the bank. The banks are very 10th
we know to take these special deposits, and
perhaps in every instance disclaim any liability
on the part of the banks in case of loss, claim
ing that the deposits are received without any
consideration or pay, and that the Comptroller
of the Currency having decided that 'it is
direct transgression of the National Currency
Act for a National Bank to assume the custody
and safe keeping of miscellaneous valuables'
and sis in the nature of a fraud upon the stock
holders" they cannot consistently act as such
custodians. In most all of our banks this
sound and wholesome regard tor the faithful
discharge of the duties entrusted to the direc-
tors by the stockholders under the laws, is
strictly adhered to, and no amount of deposits
no matter what the daily balances, can
prevail with these gentlemen to jeopardize the
vast interests placed in their hands. The recent
burglary at Baltimore shows the wisdom of the
course adverted to: Here was bank in the
heart of the city, its vaults and safes broken
and entered and the bank loser of some
hundred thousand dollars and special depositors
of several hundred thousand dollars more.
Had these special deposits been made in Safe
Deposit Vault, rather than in these banks, the
inducement to make this attack and robbery
would have been very much less. Bank officers
look upon this class of deposi.s-and correctly
we think-as only additional incentives to
burglars, and the custody of them an act that
ought not be tolerated for moment, to say
nothing of the question of responsibility on the
part of the bank to the depositors, in case of
loss, and the many annoyances that these de-
posits cause the employees of the bank.
HOTEL ARRIvALs.-The arrivals at the Pre-
BILE House yesterday numbered 125. On the
list were w. HI. Pottle and wife, Manchester,
Mich, l.. P. Corner, Fitchburg, Mass, Fl.
rockingham, New York, w. R. Chamberlain,
Dubuque, Gen. j. A. Hall, Damariscotta, Miss
Carr and three ladies, Bristol, r. l., Gen. Jas.
Haggerty, N. Y, Mr. and Mrs. G. R. johnson,
Boston, w. D. Baker and j. H. Weting, st.
Louis, j. Corwin and L. E. Braham, Philadel-
phia G. H. Lawrence, New Orleans, Misses
Patten and Willard, Detroit, Dr. T. and Mrs.
Chasert, New York
At the Falmouth Hotel lis; among them,
Theo. Tilton and family, New York, A. Eaton,
wife and son, Archibald, Pa, w. Culyer and
wife, Rye, N. Y, c. G. Eyer, Ogdensburg, N.
Y, j. b. Comins and lady, Boston, Jos. G. Glib
bons, wife and son, Cincinnati, j. Fred Wag-
soner, Toledo, j. Wynan and family, Cam
bridge, Mass, j. E. Bagley, Springfield Mass,
e. c. Redington and wife, st. Johnsbury, VT,
j. P. Libby wife and child, Lynn, E. D. APP
pleton, New York.
The st. Julian had 46 guests, including H. H.
Hill, San Jose, Cal, Hetherly Snow, Buffalo,
Charles Howes and John Tyler Richmond,
Va, S. S. Brown, Minneapolis, S. X. Upham
and wife, Dixon, ILL.,, A E. Taylor, N. Britain,
CT.
There were 60 names registered at City Hotel;
among them G. Brown and wife, w. H. Cum
bingham and wife, B. Proctor, c. H. Cunning
ham and T. w. Jordan, Boston, E. McIntire
and George Reep, Fairfield, L. G. Stone,
Charleston, w. C. Pitman, Bangor, w. w.
Warren, Hartford, Ct, VIM. Fl. drummer.
Danvers, c. A. Chaplin, Harrison, Thomas
Smith, Readfield, o. G. Cook and family, Boil
ster's Mills.