The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-04-13
JOHN II. SELLS ROC UERr.
His AudnciOus NJ nncr OF Robbiug the ThIrd
Avenue savings Bank OF S6O,6i7.

His Audncious Manncr Of Robbirg the Third
Avenue savings Bank OF S6G.617.
The discovers that John ii. Sell prac.ised
the same method Of stealing from the third
Avenue Savings Bank by which he aftcrward
wrought tie ruin Of the Security savings Bank
viii not add TO his Grimm l responsibility lie
entered the employ Of the former Institution "a
bookkccper in August. lsd5. He must soon af-
forward have perfected his method and begun
its pr cucc, for every balance sheet up to tho
time that lie eft the bank, April 30, 1870. shows
an increasing deficiency, consisting Of the differ
cnce between the general ledger and deposltors'
ledeers. Nr. Sell had 80 iugratated himself into
tue confidence Of A. G.. Dunn and other officers
Il the bank. and ts affairs were conducted 50
10 sely that the uesty Of the bookkeeper
never came under suspicion. The deficiency
balance was simply SUSPENDED, and NJ eGoft
WIS made hy ia ulnk odlci rs to account for Il
IN any manner IN the books uutl the failure
cfmc. then Mr.. Ctrmqn forced "a balance by
the following ezra rdtn RS entry Ia the jour
uh:
ei!r :pi 49, Tr =, and loss account. pr. to Dc.
V,IHrt, fr. .Nn'l' T. -
carer snd ec edscrs as arre y, bS ba ancins
~, & & t',; sgl.n n,' y, WIN t'' lei oi .sIu
Try 900 b eAkt,pefsd WIT ate.
OF tas hals.t Is difference has existed IN the oooSs
sew rAl yoars.
l. w. not until the discovery Of Sells rasc7lty
In the Securtv Is NIX that Receiver Hurd
suspected th1t the unexplained difference
might be accounted for Ia the same way. liy
inquiry am ing other clerks who served the
Third Avenue Bank willie Sell was IN II. en-
! 10y, Mr.. Hurl learned ~ Sell was the regular
substitute for receiving ana paying tellers
alw w liiiny their places while they we're away.
These wcrf the oiUu tuuitcs which he i'm
proved. The books show that he opened an C.
count with the bank In his own nam b, in trust
for Emma Wat - Jan TO- 1850, dcpositine
SltU. Ihis he drew ou' by deIrees, closing the
account June T., o. In the early cart Of the
next We 10 h o9enei three Other accounts with
the bank, two ersonHl aud one " in trust" The
FIRST amounted TO $500. The ! st deposit I'M
der u Is entered on the ledger, sunday,
jan. Il, 100 sli75Oj. Another account, open
ing July 81. 100. amounted to $500, and was
closed FED. :, $50. In II WAS entered denoslt
on SInday, Jan. L. 1870. amounting to Sl2l5.64
both these Sunday entries are fraudulent-
N trust" opened Oet. IL, 1863, was closed April
Is. lelO. IL amounted to S9N}t0S. these dis
coveries pccount for slSsji % OF the missing
$U 6l12S. and PROBABLY tho Investigation Will
rest IN re. NJ HuTd II FIRST proposed making
a thorough 6XtTinatiOn OF the books back to
the tine when Sell first took charge OF them,
but having discovered nothing that occurred
subsequent To April, 1870, he concluded TO sus .
pend, as criminal &c len based upon populations
PRIOR to that month are outiawel by Limitation.
the ex ensc OF such n search, he thinks, will
not be warranted, unless Sell IL caught and
pre- psrtJ Is found upon which 10 levy.
There were no new developments Yesterday
IN the security Bank defalcation. Mr.. Is nks is
doing what he can to trace the fugitive, tut has
not yet obtained any trustworthy clue. MIR.
sell says that she mas had no Information what
slcvrr respecting her husbands fight or wnere-
abOuts.