Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1876-02-24

| his appearance in Wall street five
years ago. He is about thirty-four
years old, five feet nine inches in
height, with black hair, eyes, and
moustache. He married the only
daughtly of Mr.. Crangle, President OF
the City Bank of Wheeling, w. Va.
Last summer he gained somewhat
unenviable celebrity in connection
with transaction with the Third Ma
tioual Bank. In June he obtained a
loan of S125, 900 from the bank, leaving
as security an equivalent amount of
gold. When the loan matured on Ju-
| iy s, Eccles informed the members OF
the Stock Board that he was going to
| Toronto to see his mother, who was
sick, and left the city on the following
day. \ boy. brought to the Third Ma
tional Bank check for the amount of
the loan signed by Eccles and certified
by the Mechanics Banking Asssocia-
tion, requesting that the gold he called
for by the payment of the loan be de-
livered at Eccle5' Office on Broad
street. Mr.. Jordan, the Cashier of the
Third National, instructed the messen-
ger not to deliver it to any one except
Eccles in person. On reaching Eccles'
Office the messenger found it occupied
by strange clerk who said that Ec-
cles was absent, but he would receive
the gold. The messenger refused to
deliver the gold and returned to the
bank, when it was ascertained that
Eccles' checks in repayment of the
loan were irregular, he not having
enough money on deposit to cover the
amount called for. The matter Was
reported to the Stock Board, and Ec-
cles was suspended. The case was
placed in the hands of Detectives
Sampson and Doyle, who tslegraphed
to the residence of Eccles' mother in
Toronto, and received an answer that
he was not there. They subsequently
learned that he was in Montreal. In
few days Eccles returned to New
York, and claimed that the whole af
fair resulted from mistake made by
his clerk in filling out the blank checks
which he left behind him. So strong
was the belief in Eccles' innocence at
that time that Mr.. Jordan and Mr..
Morris were foremost in advocating
his reinstatement in the Stock EX-
change, which was done. On October
| 2S, he sold out his seat in the Stock Ex-
| change for s., 500, and at the same time
gave up his office in Broad Street.
Since that time he has operated on the
street as an outside broker, and resided
with his wife and family at the St.
Nicholas Hotel. MIR. Walsh, the
Cashier, and eX-Police Capt. Mills. the
detective of the St. Nicholas, stated To
Times reporter on Thursday evening
| that Eccles had left there suddenly on
the night of the nth inst, and gone
| to Missouri. They had heard rumOrs
regarding irregularities committed by
him, but declined to make any state
ment. Mr.. p. G.. Calhoun, President
of the Third National Bank, inform ed
Times reporter yesterday that Eccles
| had victimiZed the Bank of Ohio VAL
| ley, of Wheeling, W. Va, to the
amount of S3G, G,0G0. From the state
ment of DIR. Calhoun it would appear
/ that the Ohio Valley Bank authorized
EccIeS to purchase for them, on mar
J gin, a quantity of bonds. E.cleS did
so, paying up margin of S3l, 1000 on
+ the bonds. Two weeks ago the Ohio
| Valley Bank instructed Eccles to recall
the bonds, satisfy the margin, and do
posit the money with the Fourth Ma
tional Bank. EccleS did 80, but
did not deposit the money with
the Fourth National. President Cal
houn also informed the reporter thai
EccIes had also victimized another
hank in Wheeling by the same means
Detective Sampson received infOrma-
tion yesterday that Eccles had arrived
in Toronto from Montreal. AS Ecc,ess
offenSe is one classed as breach OF trust
or constructive larceny, he cannot be
extradited from Canada,