New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-22
LOCAL MISCELLANY.
BROOKLYN BANK MYSTERIES.
TIE wnlIMANT1C BOND ROBBERY DISCLOSE

DINOOh1lN
TIE wnIIMANTIC BOND ROBBERY DISCLOSURES
CoRRoBoRATED-A PLEA FOR sPRAGUE.
In spite of the statement of Ripley Ropes
that receipt had been given by MI hills rs Presr
dent Of the Brooklyn Trust Company for the trunk con
tanning $sO4 COO of Wimantlc Railroad bonds deposFu
with the Trust Company and in contradiction OF inc
statement of Mr. ROdman that the bonds were ms per
sonal property, press dispatch. received from @luu
lown Conn, Saturday reasserts the liabn'y VI .o
Brooklyn Trust Company for their loss Inc uSp"'0"
states:
The following the facts concerning me stoen 6d
Haven, Middetown and Wimanuc ttllISsu pV to,yn
ou Nov IA ls72 the towns OF Portland a 500 600 of
Ihe Wilhmantc Railroad Company Dob E anu '0J
receipts signed The BTSokyn oi hluS that these
bonds have been negotiated oy Mills .p r.Do
nan, and Whit with 'nf the cOI railroad company
are incorrect part OF these bonds are now ko~ b oS
the officers aud the attorney OF n sa wSe 10 weSnown
srokers IN Wall-st and elsewhere and the t
shs hands of MT warner the attorney Of the towns Is
sntrue The towns have the names OF tne parties :"
Wha'n they were negotiated by Mills, Rodman ana
Whit 10 extend loans which they were under oDhga-
hons TO carry FOR the railroad company tn9se S ~
bdnltted by the persons VINO negotiated 'ne o'"Ns'
As was stated IN Saturdays TRIBUNE, some OF these
bonds are known to have been in the possession oil
sa,uel s sands & Co. Of No. Gs Wallst. and Hatch
Foo,e OF u Was Others have been traced to other
persons in Wall and Broad-ss. There is no evidence
that any OF these firms knew that the bonds were stoen
ma they were negotiated by Mills Rodman, and White
whose standing the time good The effect OF TINS
information upon the Brooklyn Trust Company cannot
yet be known the dispatch did not reaeh NeW-iorK
before the bank closed on Saturday.
IL was rumored on Saturday that the Fulton Bank. OF
which Alex c. Johns President, had been seriously
affected by the crisis in Wast, ana representations
were made 10 the City Treasurer that he should With
draw the city funds from it's custody. There was
ne run upon the bank but feeling OF great lnse-
surty existed among the depositors. This is
not National, but State bank. The capital was
originally 100000. but is $4,000, and the
hank is controlled by Judge MCue, William +.
Kingsley, Daniel McCabe. and VIM. A. Fowler MRS
Fowler owns the stoc Gen. Tracy, and others. 1t is
rnmored the original capital was sunk In an invest
ment IN Georgia bonds which lie worthless in the
safe OF bank The balance OF city money remaining
In this institution varies from 100000 10 100000 In
auries made at the bank on Saturday elected the nior
nation that everything right and the bank perfectly
solvent.
The following note was received on Saturday by the
Controller from the counsel Of ex Treasurer sprague:
F. A. SCHROEDER; 1t Is now apparent that neither
Rprague Rodman is defaulter 10 the city You are
required 10 take notice of You viii there
fore make any disposition OF the property transferred
10 you bS Sprague he was deceived and IN error III
that respect. ~ T. bAkNAkD'
Attorneys for {. A. Sprague.
The theory is based upOn the ground that the city
money paid Sprague Treasurer was chiefly IN
the shape OF checks drawn by the Collector Of Taxes to
abe order Of &C. A. Sprague, City Treasurer and on
the supposuOn that the checks were deposited by the
accused his official capacity and in that event. the
money could been drawn except upon warrants
signed by all the financial officers of the city, 1t ap-
pears however, the checks drawn by the Collector OF
Taxes had regularly Endorsed by sprague, as City
Treasurer and by him deposited as such.
The Controller says that he will not pay any attention
20 the communication. He says that Mr. sprague told
him that all the stocks except the Wilmanc bonds and
the $4,000 Long Island Club note were ms own property
paid over the city, He has placed the real
estate IN the hands OF an agent The property III the
the hands Of the Controller will more than make good
the loss Of $4,000 sustained by the city.