Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1873-05-01
An Extensive Defaica,ion.
ANOTHER CASHIER DABBLEs N srooI

ANOTHER CASHIER DABBLEs II STOCKS.
On Saturday, about half-past twelve
o'clock, Mr. +. L. Taintor. the cashier
of the Atlantic National Bank, walked
into the CALLAHAN National Bank and
asked to see Mr. Tappan, the president
of the latter. He was shown into the
office and both gentlemen greeted each
other cIyilly.
s'Mr. Tappan, said Mr. Taintor,
calmly. sitting down, Il have come to
tell you rather unpleasant news, which
may possibly astOnish you. | am cash
Ter of the Atlantic Bank. and am de
faulter to the extent of $500, 900. Mr..
Tappan started from his chair 1t al
most took his breath away that man
should tell such a thing in sOcoOl a man
ner.
You are defaulter." exclaimed Mr..
Tappan, 'and to such an amount You
rather astonish me. as you say. But
why do you come to nae with such a
statement 2"
Il come to you" said Dir. Taintor
still quite impassiYe, "because you are
the chairman of the Executive Commit
tee of the Clearing House, and / wish
you to take charge of my keys and of
the bank.
HAD NOT COMMUNICATED WITH HIS
sUPERIoRs.
"0f course you have com
municated these facts to the officers Of
your bank ?" said Mr.. TaPpan.
Not word of this is known, ex-
cepting to you, went on Mr. Taintor.
Il don't wish the officers of the bank to
examine into my affairs. | much pre-
fer some higher power should do it.
The Directors pay their visit to-day to
the bank and then some Of the facts
may come out. They wouldn't know
the whole truth, but quite enough to put
me into bad box. Now, | don't want
any scene about this nor any reproaches.
These people are old fOgies and it would
be unpleasant There is a much easier
way Of fixing it-that your committee
should come up to the bank and make
an examination then you may see how
things really are and verify my state
ment That's the better way | am
sure
but do you know to what you are
subjecting yourself by this confession 2"
asked Mr. Tappan.
''Oh. yes. answered Mr.. TaintOr, Il
am fully alive to it. As they say in the
papers, l realize my position. But the
best thing to do, should judge, is to
make an immediate examination. Every
moment that business goes on in the
bank is a moment too much now.
PIE TyyEsTIG ALTON.
Mr. Tappan then summoned a COM
mittee consisting of prominent business
men and went 10 the Atlantic National
Bank where all was apparently going on
as usual They revealed the state of af-
fairs To the President of the bank, Mr..
Southworth, who was much affected.
An examination revealed that Taintor
had been extensively specializing in
stocks with the knowledge of the bank
directors His operations were mainly
in Pacific Mail and his peculations
amounting in the aggregate to $500, 600
extend over the whole period of five
wears that he has been cashier. The to-
tai deficit on the bank is S604. 900, as
follows Realizable assets, $40, 900 Ii
abilities, independent of the capital,
1915, 900. Securities were left in the
bank for safe keeping, of which the
cashier acknowledges stealing S162, 900,
leaving an actual deficit approximately
estimated at 1928, 000 The capital was
$500, 600 and the surplus SO, 900, max
ing the actual deficit 1904, 900, of which
the cashier acknowledges having en-
bezzled 100000
THE DEFAULTER.
Mr.. J F. Taintor is a young man APP
parently not over twenty-seven years of
age. He may, possibly, be thirty, how
ever He is Slight and small, much be-
cfzn HE faPn TG Tflun-
nile and he wears a blonde moustache
and has blonde hair. His eyes are blue,
but are piercing and sharp, and there is
nothing of that flour and water look
about him that such blondes possess. In
dress he is natty and stylish. and wears
a closely fitting shoe over neat foot.
| One would take him for a young but
solid ''blood," and possibly think he
was a Wall street man. There is de-
termined air and dash about him which
looks as if he would go any length TO
| gain a point. He, in one word, looks
! like man, who having played a bold
game and lost, does not shrink from the
| consequences, but faces them out in an
| evident spirit of recklessness, and per
| haps boldness. As he walked around
| the Office on Saturday, he was the least
emotioned of all in the place, and there
was something to admire as well as con-
denim in his courage. Nor did this out
ward bearing forsake him for a isingle
moment. To some men who came up
shook hands with him, and sympathized
with him in his misfortune, as they
termed it, he said, ''Oh, it's all right
don't fret about me
District Attorney Bliss sent orders Sat.
urday evening with two United States
| Marshals to arrest Taintor and conduct
him to Ludlow street Jail. Mr.. Taintol
left the scene of his brilliant exploits il
the same cool manner that had charac
terized all his actions during the day.
THOSE WHO HAVE PRECEDED TATNToR
Several men have preceded Taintol
in Ludlow street jail for the same of
fence. Among these men are Baker OF
the Exchange Bank, sent for five year
and pardoned Snodgrass OF the Irving
Bank, same penalty, pardoned Graham
President of the Waikiki Vank, and Val
Name, President of Market Bank, boil
in now; Briggs, of Nassau Bank, civi