The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-06-20
SERVERS DEFALCATION.
THE DErAuIrxR's FRIENDS TRYING TO OBTAIN

THE DEFAULTER's FRIENDS TRYING TO OBTAIN
BAIL FOR HIM.
Henry SERVER, the late assistant cashier OF tho
Methodist Book Concern, whose dcfalcaton has been
noticed, was In Ludlow Street Jail yesterday. Nego-
tiaons pending between his friends and the Con-
Germ whereby tho latter expect to large part
II not the whole sum stolen by him, which was ex-
actly $4,000 As tho bonds, $1,000, not the
property of the Concern, but kept for private
persons In Its safe matter Of accommodation they
could be readily distracted by this man, who had
the safe and It's contents without being dis
covered During the last year OF tho administration
OF Carlton and Porter as agents Henry Server was
taken into the Concern in q subordinate position. He
had therefore, been i've years the Office when tho
present agents took Professionalism Of them under
the argus eyes OF DR.. Lanahan. His good character
deemed by his employers better than any bond
that they could have received with him,
and suspicion OF dishonesty rested upon
him until the story Of his transactions
brought to the ears Of the agents. Messs Nelson
Phillips. by ministerial friend Of whom Server had
asked advice. The bonds he took from time to time
he needed them, specialized with them through
brokers in Wall street and lost them. They in
terost bearing bonds issued by tho Book Concern,
which received loans few years ago to pay for the
nne mission house on Broadway ana Eleventh street.
of the denomination Of 1000 each. A call having
been made Tor some of them that tho half yearly in
erest might be paid thereon answered tho Call
by stealing cash amounting TO 900 from the drawer.
Very little money 10 kept on hand but the agents had
larger amount than usual ut this time TO pay interest
due and becoming due. The way he managed to cover
up this theft was ioIlows:-Every day the books
footed up by the cashier and his assistant SERVER
Ono day the cashier, Mr. Denhan who has been there
twenty years. aud IN whom the General Conference
has such confidence that II elected him, though
not n member OF its body, 10 orc Of its most
important Offices, called oil the book ac
next dav SERVER took tho books ana Nr Denham the
cash. and thus from day 10 day they changed. SERVER
knowing how much hc had stolen always made his
books show that much less when he looted up, and the
cash account that much more when called of. So
that the cashier douby deceived by him and could
hardly have discovered the theft unless he had taken
the footing OF the cash and book account altogether
upon himself But tho nine years good character OF
SERVER counted Of course, very largely IN his favor
and dsarmed suspicion IL has been ascertained, how
ever his theft had been made only days
before his arres, When IL became known to the
agents he dismissed the spot and placed under
arrest But as he wished not to be sent to Jail on
Wednesday night but to be allowed 10 see
rcuds who would 60 ball for him or replace the
bonds and money stolen, Messrs Nelson and Phillips
went tail for SERVER 10 the Sheriff on the day Of his
arrest and he was kept prisoner In DIR. Nelson's
house. But his efforts to obtain friendly assistance
Jailed and he went to Jail next day. HIS friends
stated before arc trying to obtain bail and 10 replace
the stolen property, ana antil something definite ID
manifest, Server will not be brought to trial
HIS untaithuiness has been severe blow 10 the
Concern, coming II does SO soon after the old
troubles and the suspicious OF distrust thrown out
against the management by Its enemies In the late Gen.
cral Conference IL will have this effect, however In
future: The cashier aud assistant win be obliged 10
give bonds Tor their fidelity to the Concern That the
agents shall have something more than good moral
character TO trust to In thor employees They do not
however, deem this measure as In any sense
dcating Of confidence In their present cashier,
but they make general rule for tho future The
bnatlons OF their safes locks OF their money
drawers wore changed as soon as they became aware
OF the then, and hereafter only the agents and the
cashier will be allowed access to those places. The
Methodist machinery is q complicated concern its
finances Nearly all the great benevolent interests of
the Church centre in the Concern here The Mission
airy. the Tract Society," tho Sunday School Union the
Episcopal fund and many others are kept here. While
they all placed in separate drawers or compart-
mculs they under the control OF the cashier and
his assistant subject the order OF the agents, who
are the OF those funds. II will be under
stood, therefore, how readily dishonest man could
take little from each aud cover up the footngs With
out hei