New-York tribune., 1879-11-13
ARREST OF OONGREsSMAN vOORHLs

CHARGES OF EMBEZZLEMENT MADE.
AFFIDAvITs OF THE OFFICERS OF THE FIRST Ma
TIoNAL BANK OF HACKENsACK-BAIL FUR
NIsHFD IN SIX THOUSAND DOLLARS.
Charles H. Voorhs, Congressman from the WIN
District of New-Jersey who failed three weeks ago
for 1900 900. was arrested Tuesday morning upon
the charge of embezzling moneys belonging to the
First National Bank of Hackensack, of which he was
president until recently. The arrest was made by
Deputy United States Marshal McDonads. OF
Passaic upon the aflidavits Of Mr.. DE Groot chair
man of the board Of stockholders and Cashier
Brewer of the bank The afidavits set forth that
Mr.. Voorhis took the colateras of two loans, of
50, 900 and of $4,000, made to himself. and
raised money on them. He then paid tho
note of 4 800 leaving the other unpaid and unse-
cured. and used the remainder of the money for
private purposes. These afidavits were sworn to
before Judge Skinner. of Hackensack. who Is
United States Commissioner for the district and
sir VooIhs was taken in charge by the marshal.
His bail was fixed at $4,000, and pending IFS
beng raised he was kept under surveillance by the
marshall or his deputy. at his own house. Yester-
day afternoon at o'clock, motion was made DO
fore Judge Skinner to have the bail reduced to
SG,OOO aud there being no opposition this was
granted. Mr.. Voorhis's father and brother, Henry
II. and Garret Voorhis, then became bondsmen for
him and he was released.
Efforts were unsuccessful last evening to see Mr..
Voorlns at his residence in MaIn-st., Hackensack.
At an early hour TRIBUNE reporter was told that
Mr. Voorhis was thoroughly exhausted and had
gone to bed and could not be disturbed. His bus-
ness associates say that he is much broken down
by bis failure Mr. DeGroot said, yesterday, that
the charge made in the aifdavts against Mr.
V0orhs would not be pressed. for the arrest was
made hastily and mad done no good. He felt
llaff aEpg % q
holders claimed that the directors had been TOO
enient with the president, and added to that was
the fact that Mr. Voorhs had refused TO give TO his
assignee. A. H. Harden berg. of the First National
Bank of Jersey City, the combination OF his safe IN
his office IN jersey City, saying he would 20 down
on Tuesday and open il. 1t was suspected that
which he wished to retain possession OF. But
this set at rest by the prisoners father yester
day morning going TO jersey City aud with Mr.
Ilardenberg opening the safe and finding only pr-
vate papers therein. The end aimed at could have
been secured IN simpler way. The cashier OF the
bank said last evening that arrangements were on
foot for making up the deficit in the capital, which
amounted to 40 per cent and that the depo.itoTs
holders held on Monday a proposition was
made that instead of making up the 40 per cent OF
the 100000 capital, the capital be- reduced to
$50, 900 In order TO consider this, committee
consisting of Mr.. De GroOt, chairman OF the meet
ing and Mr.. SwiDburue, cashier of the First Ma
tional Bank Of Paterson, was appointed TO examine
into the effect il would have and TO call another
meeting as soon as they could report. Mr. Swinburne
was at the bans Yesterday getting the needed
figures. All of the banks and private persons 10
whom Mr.. Voorhs had pledged his stock more than
half of the whole of the bank have expressed
willingness TO join with the other stockholders and
make up the deficit. and then have a share In the
management of the bank. Mr.. Brewer said that u
had been proposed to William Walter Phelps TO be-
come a stOckholder and president of the bank. Mr..
Phelps had refused the latter position on the
ground that he could not give 10 his personal at
tendance. hut had expressed n Willingness on cer-
tain conditions TO become q director.
Some of the Democratic politicians OF the district
have said that Mr.. VoOrhIs should his posi-
tion Member of Congress- TO whIoh he
elected by 500 Republican majority in 1873 Much
sympathy is felt for him and his family. He Is said
fully to realize the nature of his action and TO agree
that he Is worthy of the severest punishment. but
that during the past two OF three years lie has
felt impelled by an irresistible power TO go Oh and
was unable To stop. Besides he kept hoping against
hope that he might make good his place again.
The action leading TO the arrest of Mr. NOorhls
was taken by Mr.. De GrOOt, after consultation with
only two other directors of the bank 1t Is deemed
very hasty by the full board. in any the de-
p0sors. i'm both the National bank and the savings
bank. which is in the same building, under other
directors, though Mr.. VooThls president Of IL
also, Will lose nothing The chef loss caused by
MIR NoOrhs's failure falls upon persons who went
to him and asked him To invest their money for
them. No one has been appointed yet tosucceed him
as president, Vicc-President Demorest performing
the needed duties.