The Portland daily press., 1873-03-21
NEW YORK.
Arrest Of Supposed Bank of England
ExrRers

Arrest OF supposed Bank OF England
Fsrgers.
NEW YORK, March 2O-It is stated that sew
eral arrests have been made by detectives of
passengers on the incoming English steamers,
who are supposed to have been eng ,ged IN the
forgeries on the Bank of England. One state
ment is that Warren, the successful forger, was
one of the parties arrested
Later George Mcdonald, reported to be the
Bank of England forger, was arrested on the
steamship Thuringia last night. Some two
thousand dollars in English gold and valuable
diamonds were found on his person.
Lotest.--It is now stated that 100000 in gold
was found in McDonalds trunk, $4,000 worth
of diamonds, large supply of watches, jewel
ry, etc. Only two boxes were found with him,
instead of five, as telegraphed.
The City Charter.
In the Senate this morning the committee on
cities reported the charter for New York City
as amended. 1t provides that the Board of AL
dermen consist of Is members, and the Assist
ant Board of 81 members, who are to be elected
for two years on general ticket and provides
that the Mayor shall nominate the heads of
the department, and if the Board of Aldermen
confirm them within five days, said nominations
shall be considered confirmed. If not confirmed
in five days. the Mayor and President of the
Board of Aldermen shall within three days
proceed to make appointments
Fosters Counsel II aises n Point of Law
The assistant counsel for Foster this morning
submitted point at law that the Governor
having respited Foster, such action virtually set
aside the sentence of death and the appoint
ment of day and hour of execution Conse-
quently it would be in order to move that the
sheriff lie served with an injunction staying the
execution tomorrow until Foster shall have been
retaken before the Court and again sentenced
to death by the judge before whom he was tried.
These points are now being considered by two
judges of the Supreme Court in private consul
tation, and if considered tenable the motion for
an injunction will be made in open court this
afternoon. 1t Is generally believed, however,
that that this last hope for further respite is
vain.
Fosters family left by to days steamer for
Europe. His children. at his own request
have not been allowed to see him since his in
generation.
Gen. Hawley don't taAe the $1,000.
The Evening Post states that General Haw-
ley, of Connecticut, drew only the amount of
pay as Congressman allowed under the old law
quietly declining the additional payment autho-
zed under the new sllary bill.
The Bulbs Head Bank-More DefaIca.
tory Officials.
A reporter just returned from the Bulls Head
Bank states that the bank is closed and in
charge of police officers. The following notice
is posted on the door: affairs are under exam
ination; will report at the earliest possible mo-
ment" Crowds OF depositors surround the
building 1t is rumored that the suspension is
owing TO defalcation by officers. The amount
of the defa cation in the Bulls Head Bank is
unknown, but it is reported to he very large.
Its capital was 100000. 1t had no direct con
nection with the clearing houses. 1t is report
ed that one of the tellers and the bank keeper
are, the defaulters.
Confirmation of the Dedication at Bull
Heads Bank - Intense Excitement of
DCpOsitOrs.
The suspension of the Bull Heads Bank oc-
casioned quite sensation to-day. The bank
for many years was under the presidency of
Williamson, a wealthy merchant, and occupied
high rank. The dividends were worked up
to per cent. quarterly, and stock at one time
was in the vicinity of $3.50. The surplus of the
bank was very small, and the high prce of the
stock was due chiefly to the large dividends
1t is stated that recently internal dissensons
arose, and that the officers and clerks of the
Bank laid petition before the directors re-
uuesting the president to resign, which he did
a short time since. 1t is reported that the bank
lost in deposits on Williamson's resignation.
Whe then news became generally known,
crowd of excited depositors surrounded the
bank building at 25th street and Sd avenue,
and strenuos efforts wer, made to obtain in
teryiews with the Office S. The front windows
and doors were tightly closed, and two police
men were stationed at the head of the stairway
leading to the directors room. The following
notice was placed over the main entrance to
the bank: "Affairs under examination; Will
report at the earliest possible moment.
OnuerDedln CulS Uue dHAiouS uePooieoio us'"
written, what is the result?'' and similar
questions. The crowd seemed to increase mo-
mentarily and till late in the afternoon the
steps, sidewalks and stairways were thronged.
Repeated messages were sent to Wllletts, the
Cashier, but that gentleman refused to make
any definite statement until about two o'clock,
when ne admitted that defalcatiOn had
occurred IN the clerical department. which ZEN
dered 1t absolutely necessary to suspend pay
ment. An examination is making under
the ADVICE OF counsel. The actual amount of
losses IS not yet apparent, but he thought the
depostors would not suffer to GREAT extent.
Whlle refusing to admit that the bank had be-
come lnsolvent, Willetts seemed to think that
ITS credit bad suffered to a great extent and
that stockholders would be heavy losers anu
Acting President Mead says that the invosti-
CATION began some days ago, and it SOON hs.
| came. apparent that the accounts had ADJ ho on-
| kept in very loose manner. MANY b "eTn
were found badly mutilated and several olsr;n
errors We're discovered this morning. Fl was
discovered that the capital was serouslv i mas
| paired, and the committee thought it imnrudant
| to continue business, and the bank was therao
| fore closed and the examination of the books
| continued
Mead sayslthe account examined to the pres.
ent time shows that the assets of the hank can