Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1873-04-30
lLEYA, GAZETTE & VIRGINIA ADVERTISED
(FOR THE COUNTRY
Defaults and Bank RObberies.

Defaults anu nanA fSODDcflCSs
The defalcation of Taintor, the Atlantic
Bank Cashier, suggests to the Tribune the fol-
lowing list Of the more prominent forgeries and
defaults in New York within few years past ::
Henry B. Jenkins cashier of the Phenix
Bank, was arrested on August II, 1865, on a
charge of embezzling the funds Of the bank.
about $3OO,OOO which be had spent on lewd
women. He was sentenced for term of years,
and died in prison.
On August Is. 1865, less than week after
the arrest of Jenkins Wall street was eleotri-
fed by the announcement that Edwin B. Ketch-
um, the heaviest stock and gold speculator on
the Exchange, member of the 6rm of Morris
Ketchum, Son & Co., and reputed to be worth
several millions in his own right, was missing.
and that he had forged gold certificates and
other collaterals to very large amount. On
these, as collaterals he had borrowed sums
amounting in the aggregate to more than
$4,000, 900. Nearly every downtown bank and
most of the prominent banking and brokerage
amount Ketchum subsequently surrendered
himself, was found guilty and sentenced to FIVE
years imprisonment.
John Ross, prominent broker, on May 3,
1866 by series of ski!lful forgeries on a num-
ber of the down town bauks, obtained gold GER
tifcates and cash to the amount Of S30O,O00
and escaped with his booty to South America.
A tin box containing bonds and railroad Sc
curities valued at nearly $500, 900, belonging
to Croker, Wood & Co., ship chambers and
commission merchants at No. So South street,
was stolen from the vault of the Marine Bank
on August 25, 1866.
In February, 1866, two tin boxes, containing
$l,5OO,0OO in United States bonds Of various
al off of
Rufus L. Lord, at No. SO Exchange Place, by
four thieves.
In May, 1866, one Of the tellers of the Irving
Bank was found to be defaulter to the amount
of $4,000 This amount was made good by
Isaac w. Dean, salesman of the New York
Sugar Refining Company disappeared on Au-
gust 6, 1866, and it was then found that he
was defaulter to the amouat of $l2O,uOO
In 1868 the City Bank lost, through the dis
honesty of one of it's teliers, over $500, 900. A
portion Of the amount was recovered from the
brokers iu whose hands he bad placed it as mar
gins for speculative ventures.
Edward j. Oakley, Cashier of the Mer-
chants Exchange National Bank, was arrested
on January Is, 1870, for having embezzled, at
various times, $3.50, 900, which he had lost in
speculation in stocks and large purchases OF
tobacco.
In January, 1871, Henry Conkliu, Secretary
of the Market Savings Bank, disappeared, and
it was discovered that more than $25O,OOO OF
the deposits were missing, while Of the securi-
ties that were left many Of them were much
deprecated, ,and such as no we'll conducated saw
ipgs bank would have invested in.
On March 81, of the present year, the Bulls
Head Bank closed its doors in consequence OF
the discovery of heavy default 1t has been
ascertained, after an investigation lasting over
a month, that the default amounts to about
1926, ZOO. The late assistant cashier, w. IL.
Merit, and the receiving teller, James }.
Peck, have been released on heavy bail to await
trial on charge Of having been concerned IN
the default.
Frederick KIencn, Secretary Of the Hoboken
City Savings Bank, disappeared on April II.
1t was ascertained on an examination of the
affairs of the bank that he was defaultcr to
the amount of $4,000.