The New York herald., 1877-11-29
NEW ROCHELLE SAVINGS BANK
DEFALcATIoN AND FLIGHT OF THE sECRE-
TARY-rHE vILLAax' WITHOUT PRxsI-

DEFALCATIoN AND FLIGHT OF THE sECRE-,
TARY-rHE VILLAGE WITHOUT PRxsI-t
DENT.
William r. Humphrey, President Of the village Of
New Rochelle and Secretary OF the savings hank In
that place, has decampcd for parts unknown. Having
failed put in his appearance at the bank Satur
day evening attend to the performance Of his ON.
cia duties special meeting OF tho officers and trus
tees the institution called and hold Monday
evening, at which 1t was decided tnat they, as COM
mtee OF tho whole, should NJ take charge OF the
affairs of the bank. They Immediately printed and
freely circulated notices requesting dcposors TO call
at the bank with respective pass books order
that its true condition could be arrived at
Ono ot tho first OF those who responded 10
the notice was lady who had placed
bank the OF 81. 600; Uut on comparing It with
the tho books o tno bank II showed only
credit OF 500 Adam K,,singer. tho proprietor OF
houor ana reiresh saloon in the village showed
that had deposited at different tmos, In tho
Of his vile and children, over iloO but no entry OF
favor could DO found tho books oil the
bank. Jonn Mcnamara florist, had deposited his
savings in tho bank: but Mr.. Humphreys credits In
his favor ell about $4O0 short the actual
Albert New, baker had likewise deposited his
bank, but entries OF the same could be found
THIS much for the FIRST days revelations To wnai
KIND oi fraud has been pracsod cannot Ds
ascerained until tho passbooKs OF all the deposil0r0
snail have been handed IN, examined and compared
win the books OF tho bank. The President aud
trustees are panlc-strickcn with the developments
already made anu freely admit that tho condition Of
tho banks nnxIrs could hardly look worse
HUMPHREYS AccUMULArloNs.
Tho income oil Mr. Humphrey ior preparing title
deeds oil property drawing up wills and other papers
oi that KIND alone amounted TO from 500 to $75 per
week, besides his income justice ot the Peace and
b,s salary Secretary OF tho savings bank. lie had
acquired real estate valued vt from $50 $40 900
the proprietor o first class drug store and
other personal property, When 1t was intimated.
some days ago, that the savings bank was tnsovcnt.
Ar Humphrey made an assignment OF his real estate
TO Conrad Roth, Of the iruslces and assignment
o his personal property 10 Joseph Lambday. Tor
the Ocneht of his creditors, and to mako up de-
nciences that might settling claims of do
posIors through his own mismanagement of the BANK
affairs IL u, however, feared that his real estate
encumbercd by mortgages that may greatly reduce
the available proceeds which might Da applied 10 or
sot his delaIcatous. The most implicit confidence
placed by tue trustees oil tho bank In tue intcg-
rity OF Mir. Humphrey, aud for that reason the man
agement OF tho savings bauk was left almost entirely
70 hun, and the gentlemen who were associated with
him lh tno affairs OF tue bank and others who had
been Intimately acquainted with him or more than
twenty years were tho most astonshed OF all when
was discovered That he had decamped Tor parts un.
known. Mr. Humphrey had been resident of New
Rochelle for about twcnty-soven years. and for con-
siderable portion vi that time ho has held various
Offices oil honor and trust and NJ the time his dgn1
President of the village