New-York tribune., 1873-04-14
LOCAL MISCELLANY.
A NFw,JFRsEY DEFAuLTER-

A kFW-JERSkl DEfAUBlbh
Tur SECRETARY oF TIE HoBoKEN CITY SAVINGS
RANK ARsCoNps-vIKws oF uiE OFFICERS OF
TIIK INSTITUTION.
rumor was current on Saturday nlcht'
sAas On ofeer Of the HohoRen City SAVINGS Bank was
sefaulter, and had ahscondcA The aInoant was var
suslv stated 70 he from $4,000 sooo reporter OF
TIE Tribune visited Hohoken, last evening and was
Informed by the Chief az Police fhst the Police De
partment had received no notiboauon whatever rela-
tve to the arrest Of Nj Kenen- The accused lived IN
enc Of his fathernsv's houses and has left wife and
ahree children The Chief oi Police well acquainted
with KleDen and seemed sstOnished thai he Was moi
informed Of the matter ofhcisl,y,
Proceeding 70 the house Of " G. Sheppard President
o. the hank the reporter was Informed that Nj keuen
had been employed in the bank Secretary FOR the past
yc&rs he had salary 81 s2So Ner year, ana was al
vays regarded faithful officer. on Tuesday evening
~ dlrecfurs held meeting az which Mr.. Sheppard d
severed errOr Of Sl.Oot the footing - al account
NJ Kleneu was questioned rolstive tins error ana
SAID that he could understand how Il occurred ne
would make u riCht next morning. on wednesday NJ
seppsrd and the Secretary investigated the books hu
without discovering any discrepancy or arriving ~ SiS
explanation of the deficiency Of 0.On
Tie President thoucht thai possibly ooosit6t ha0
withdraw s. COO and that in undue haste some one
A.o gnrrorfen 10 take ms check. He was not unWlne
" accent M Kienens declaration that on the next morn
ae to latter woHld he al the bank at 7' O'CLOCK ana
scforf the hour for opening q m hopeo 20 eiscoVef
She error on Thursday Nj. Sheppard arrived ST the
hAns ai = H. hui Nj. Kenen was moi there nor hso
Ia been there morning Amer the fonf for opening
The hank had passed by messenger wss sent 10 Mr.
Kaneu's residence Tentst. and the answer was re-
tnrned that he had gone 20 Newark. Then suspicion
v.as aroused that all not right; an Investigation
Va made u asoertaned that package Of United
ststcs 1sf4 bonds 70 Of OOo missing.
search was made FOR Kenen. On Saturday the d.
Mich fas ffT nVr nc Uvf~ -
A8Opied
Resolpsd That Frederick Kennn late Secretary Of the
Rank las aCOnoe0 80 far as the present managers can
ascertain with about $4,000 OF the funds and securities
ssolgsd Thai The managers inform their depostors at
once tha about s2SO of 1he above invested
m Unted States bonds, which may be recovered, aud
thai the whole oefacauon ls about oDeS o the sur
Resolpoa That the hank Is perfectly and entirely
solvent and has surplus on hand over aho ABOVE a.
Gums due 10 d6ROsitOrs, Of about s24O00
M. sheppard when asked IL he anticipated run on
ths bank in consequence TINS defalCaton, said No
last accounting had surplus OF over $4,000
We are therefore, solvent our liabilities are simply
aebts depostOrs the deposits amount 70 about $3.50
The greater part tins has been loaned on bond
and mortgage Upward Of SSOOO invested in United
sAbes Government bonds and the remainder IN state
and township bonds Now cannot realize upon these
81 ona and although the bank perfectly solvent
think We should forced Of 10 close the
scOrs 20 every deposiior 100 cents on
kbt dollar Can4"
X Mayor Kmban vas next visited BE Is one Of TIC
directors and connected VITA The FIRST National
RAnk He said. among other things; There's woman
4. the case When became certain that KleDen was
defanlter. we engaged Frank MscDoDoDCh 70 track
him III. MaoDOnonCh Is moi now connected With the
Pence Department bat Dc was out Of employment and
meV Klenen very well Then communicated with
THE Cdef Of Police Of NewYork fOI We knew he would
stay here and have 10 expect his arrest
within "a bours We know good deal about the woman,
sut We cannot disclose any facts al present All can
that it said be used ~ buy horses f0T lao
n New OrE. and fancy wagons Now, that ls al can
tel yOu Nv throw The doors open 10 pay out
a. far the money GOES We realize upon the
Guec STATES bonds almost al once. When we exhaust
thai amount why then my ldes Is 70 close he-sha he
the II the morning an0 let the people know how
n1stiers stand. and il IS FOR them 70 act"