The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-02-21
Alleged DefaIcatiOn of +. III.
EccIes-BetWeen Thirty and
Forty Thousand Dollars
Nftesing

MiSSluS.
From the New York Herald, 18th inst.
f. II. Eccles became a member
of the Stock Exchange just after
the panic of 1873. He also join
ed the Gold Exchange about that
time. Last fall he went to Can
ada to spend few weeks, and
during his absence his clerk alb
seconded with considerable
amount of money. The affair
created deal of scandal at the
time among Wall street men,
and Eccles was spoken of in any
thing but complimentary terms,
many alleging that he was not
altogether ignorant of the meth
cd adopted by his confidential
servant in getting away with
other peoples money.
This, however, is thing of the
past, and since Mr.. Eccles has
again become "involved, 1t IS
only necessary to speak of more
recent transactions.
About the 1st of January last,
two banks in Wheeling, W. Va,
authorized Mr.. Eccles to purchase,
here in New York, for them gov
ernment bonds to the value OF
between $4,000 and $4,000. In
the course of q few days Mr..
Eccles notified the Wheeling par
ties that he had made the pur-
chase. and asked for instructions.
A letter came instructing him to
sell the bonds again and deposit
the proceeds of the sale to their
credit with the Fourth National
Bank of New York. 'Supposlng
| that Eccles would of course follow
| his instructions, the Wheeling
parties let the matter drop for Il
while, taking for granted that
the snug little sum of from $50
600 to $4,000, (the exact amount
has not yet been made known,
was on deposit to their credit at
the Fourth National. Finally,
however, they began to grow
somewhat uneasy, as the Fourth
National Bank had not notified
them of any deposit. They
wrote to President Calhoun, of
that institution, in reference to
the matter, and that gentleman
answered to the effect that he
knew nothing of +. II. EccIes,
and that no money had
been deposited by him in the
First National Bank. This let
ter brought the Wheeling parties
at once to New York, arriving
here last Frideay. Search for Ec-
cles was promptly instituted, but
without avail, as that gentleman
| could not be found. Inquiry at
the st. Nicholas Hotel, where he
had been stopping, revealed the
fact that he had left there rather
| hurriedlv the day previous with
his family. He was seen on the
street on Friday morning, at
which time he stated that he had
sold his seat in the Stock E1-
change aud proposed going to Eu-
rope, but thought he would visit
California before leaving for the
other side.
+. II. Eccles is very respectfully
connected. The family into
which he married is said to be ex-
ceedinglv wealthy, and his father
in law. who is highly respected IN
all circles. is greatly annoyed by
/ his son-in- laws recent transact
ion.
The following is the account as gwen
by the New York Times:
+. Ii. Eccles, q well-known Wall street
broker. has fled to Csnsda, taking with
him 1000, which he fraudulently OBJ
tained. Rumors to that effect have been
prev alent on the street since Wednesday
but up to yesterday they assumed no de-
finite aspect. Among the brokers feel
ing OF surprise exists al Eccles conduct,
his family being respectable and wealthy.
He is a native of Toronto, Canada, where
his mother. very wealthy lady, resides.
rccles made his appearance in Wall street
fve wears ago. Hs about thirty four
wears old. Ave feet nine inches IN height,
with black hair, eyes, and mouStache
He married the only daughter OF Mr
Crsnqle President of the City Bank, OF
Wheeling, w. Va. LAST summon ne
gained a somewhat unenviaoIe celeority
in connection with a transaction Win
tho Third National Bank. In June ne
obtained a loan of Sl25,Oo9 from the
bank. leaving as security an equivalent
amount Of gold. When the loan ma
,ured on July s, EccleS informed the
members of the Stock Board that he wa'
going to Toronto 10 see his mother, WIG
was sick. and left the CITY on the following
day. A boy brought to the Third Nationa
Bank 8 check for the amount OF the loan
signed by Eccles and certified by the
Mechanics Banking Associations request
ing that the gold he called for byth
payment Of the loan. be delivered a.
Eccles office on Broad street. Mr.. Jor
dan, the Cashier of the Third National
instructed the messenger not TO deliveI
it to any one except Eccles in person