New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-30
Local Intelligence.

y SERIOUS DEFICIENCY-ELertt Ihon
sand Dollars tr0an The Worhingmen's &c
ton,modation Bank-Rumors were abroad
Sunday that the Workiu gmen's AccommO-
.ia.ion Bank had met with serious loss, SO
extensive that the deficiency would send
:ne institution to the shades. In these
:.oublous times ruInors are looked at as
through microscope, and yesterday morn.
.rg the stories were magnlfec :n.o total
wreck.
The real facts seem to be abcu: as fol.
icws:
Saturday evening Mr.. J. II. Gardner, vice
president. was inclined to make an actual
count of the funds on hand, and Tor that
purpose called on the paying teller. Mr..
George I. Converse, to assist. Before tie
TASK was completed, it was discovered that
:Lere was deficiency, the resui: showing a
Jack of about 81 ,0G0. Some circumstance
led Mr. Gardner into the belief that Mr..
Converse had disposed of the money, and
:he crime was charged on him.
During Sunday a rather uncommon or
singular course was pursued. air. Gardner.
accompanied by Mr.. Converse and three or
four of the latter's friends, visited Judge
Gtrnon's residence, when the case was
usie known, the accused placed under
some kind Of arrest and Immediately re.
leased on $4,000 bonds. The bond was
signed by responsible parties Our reporter
.,el.ed the first precinct police station to
zee the nature OF the formal charge. but
WAS somewhat surprised on no: finding the
lame of Converse on the register. 4 visit
20 .he courtroom disclosed me following
affidavit:
Personally came and appeared before
ire, the undersigned authority at New Or.
leans, parish of Orleans. State OF Louisiana,
.. ms .wenty-eighth day Ct September. A.
=, 1873, John II. Gardner. OF said city and
SAFE, who being by re duly sworn. doth
Cepoae and say:
THAT ne is vice president and acting
president of a prlva.e corporation OF SAID
CIV and State. known as the Working
,neL's Accommodation Bank. and that one
George T. Converse. 81 said city and State
wt:ic in the employ Of said corporation.
-.z: said W0rkingmen's Accommodation
Bank, and holding an Office IN said bank.
VI: as pa wing teller thereof in the service
&. said corporation, did between the first
.iav of July, 1873, and the tweuty-seveDth
gay of September, 1873. at New Orleans
..0.s said, in the First District OF said city.
.r q day or days between said dates afore.
lad, wrongfully use. dispose of, conceal or
Otherwise embezzle the sum of Sll GOO in
:e "a. tender currency Of che United States.
.: :nerea bout, which said sum had been In.
trusted 30 him as an officer OF said bank as
aforesaid. and confded 20 his keeping and
possession rs said officer. and Was the
:.cpertv Of said bank.
iiab peOrSe . SDHHtiSts .hE sSi-Sa
IS aforesaid, has emDezzled from salu
Wo.kingmen's Accommodation Bank said
.ur. Of $1,000 in United States currency
known as greenbacks, on some day or days
between the first of July. 1915, and Septem.
Ter %. aud has converted the same to his
own use. and has failed to pay over said
.um on demand made therefor On said
:ven.y.seventh of Septem Ger, 1873, at New
ur.eaus aforesaid. And your deponent
charges said George 7. Converse with elm.
iezzlement and breach Of trust, and as
amenable to the cr:u..na. .avs o: the State
Q: Louisiana.
u. GARDNER. Vice President.
Mr. Gardner asserts ia. this declaration
will not dist.rp me banks standing. an.
.ha: the sureries 70. Mr.. Converse axe good
t., the sum lost.
Mr.. Converse disclaims all knowledge of
She loss. stoutlv denying that he took the
.snis, and when one of lis relatives asked
a.ln if Che charges were true he answered
cmphatically in the negative. The relative
lad told him he would make settlement
81: once if he was defaulter. but accused
:etased TO allow such proceeding. The
.ase will doubtless go to the Criminal
Ccnr: Immediately. Mr.. Converse has
many warm friends in this community, and
.fey viii! all rejoice to see him clear his
character Of such grave charge as IS now
:su.ing against him.