Daily globe., 1878-09-02
A WINNING HAZzARD.
That's What tie Citizens of a,.bss.n, Ind,
Ctain, George HasSard Is.

1ndt'S WNdt TIE Citizens OF 4NbHTT, Ind,
Claim George Hassard Is.
Chicago Inter-Ocean.I
The good citizens of Auburn, Ind, think
they've been harboring dishonest bank
manager and director in their midst, and
with the exit of Spencer, ct al, before them,
have taken such prompt action as to prevent
their man doing likewise. The following
out of this idea accounted for tho presence
here last night of Sheriff John B. Somers
and s. G. Swineford, hotel keeper, both of
Auburn, and also for the sudden snatchine
of one George Hazard, from his comfort
able quarters in the Matteson house at late
hour.
Some three years ago there showed up in
their midst in Auburn, George Hazard,
long, lean silent, and shrewd, but apparently
possessed of plentitude of this worlds
goods After figuring around awhile, he
started the First National bank, with sup
posed paid-up capital of $32 900, and further,
with himself as manager and director and
his brother, James V. Hazard, as cashier.
The citizens now suspect that the bank has
been running with no paid-up capital what
ever, Withdrawals being met with deposits.
Notwithstanding this, however, it is said the
bank itself is still on a good footing, there
being sufficient gilt edge discount paper on
hand, it is believed, to meet liabilities, but
still they want Mr.. Hazard 10 explain some
things. They claim that when the bank
was involved the manager and director,
from list of names he had, manufactured
e lot of fraudulent paper and put it in az
! security. Last spring the stockholders got
| dissatisfied and made Mr.. William No
Intyre cashier in place of j. V. Hazard
Mcintyre, after having looked around a bit,
urged the collection of this paper, and then
the managing director went to work to de-
wise new scheme, and went to work to get
good paper. "He came to my Office" said
Mr.. Swineford, "and asked me to indorse
| note for ST. 900, and gave me $4,000 note,
gilt-edged paper he called it, as security.
He said he had bought some land for 49,
| 700, paid $1 700 and Mr.. J. K. Lanigan, the
seller, wanted to use some paper in Toledo,
| SO he wanted the balance. l indorsed the
note, and then he went to about twenty
more people, got the same. thing done on
| various pretexts, and then threw the good
| paper, amounting to about $4,000, into
| the bank, in place of the notes he had manu-
| factured. The man who causes his arrests
now is Nick Ensley, an agricultural instru-
ment dealer in Auburn, who indorsed ST.
went back to him with the note apparently
all blurred, and said he had got it all botched
up, and wanted another. Another was made
| out, and now Ensley finds he has two notes
| in the bank, one of which he declares is a
forgery. Then Hazard went to Lincoln,
Neb., and got stock broker there, named
Alex Strothers, to put $4,000 into the bank
to keep her running, and now we suspect he
intends to get out of our parts, as he has
sent his wife and three children from their
home in New Castle, Ind, out West. He is
a young man only thirty three years old.
1t is also learned that Hazard had store
at Auburn. He was arrested from the
Matteson house by Detective Scott, last
night, and is reported as making strenuous
efforts to get clear. The citizens of Auburn
claim that he has obtained $4,000 from
them by the means used ON Swineford, So
600 of which has been repaid, and an offer of
twenty per cent interest made to the others,
but in view of the supposed crooked COM
mercial transactions discovered, and fear
that he is going West, they object to trust
ing to him. To-day may bring further in
teresting developments.