The New York herald., 1879-02-10
THE FEHKILL BANK.

STARTLING TESTIMONY IN THE CIVIL SUITS
WHERE THE MISSING MONEY wENr-A MYs-
Terry CLEARED Up
PoUeHKEEPsrE. Feb. 0. 1870.
The examination OF witnesses in the suits against
the receiver of the National Bank Of Fishkill
sumed in this city yesterday before Referee Brew
ster. of Newburg. Throughout the two trials of the
defaultiny cashier. Alexander Barlow. there was .
suspicion that efforts were made to keep back the
main facts In relation to transactions that led the
ruin of the bank and Barlow also. Civil suits were
instituted and at every examination before the
referee astounding facts have come to light and
yesterday examination proved no exception to the
rule Indeed, the statements made on Saturday by
Witnesses under oath clear away all doubts to
what became of MOST of the money used by Barlow.
Many believed when the bubble burst, that he was
not poor, but that he had carefully saved thousands
of dollars He was Sunday school teacher. a man
much in the best society and he apparently
had no costly vices. What, then, became of the
money stolen. some $4,000 or 100000? One of the
answers to the question. and the main answer. is
in the following testimony given Saturday.
Leonard Horton, sworn. said:-I reside in New
York; in December. 1874 resided in Fishkill; I
was at the sale of the Dutchess ore beds on
the foreclosure of Van Wyck Brinckerhos mortgage;
before the sale the following were paid on the
order named:-s4,0oO $4,000, $4,000. $500. s4,5OO
$l4,s6s 90; the property sold for $1s5s0; of this
$2.7s0 II were paid down, it being fifteen per cent
of the purchase money; the personal property
brought S1.505; as to who paid the sums mentioned
paid before the sale witness said he paid the
out Of his own money; the $4,000 came from two
notes which witness and Barlow arranged to have
cashed by o. NJ. Cutler. Of No. 5S Broadway. New
York. the 1000 from the sale Of to Crocker
l. Co., New York. the $10.000n two items came from
George Gay for interest in the mines. he pay
ing $4,000 and then S2,0U0 then on May l.
1874, the $14, 1863 " came from Alexander Barlow,
cashier of the National Bank of Fishkill;
Barlow bought $20,000 worth of the stock Of the
company at par, and paid Leonard Horton
2 in drafts and paid the remainder working
capital from time to time, and told the witness it
his money. Witness was shown paper which,
he said Bertow gave him time after the sale Of
money advanced by Barlow up to that time. and he
wanted witness to take it to Poughkeepsie and adjust
the claims with Allard Anthony. president of the
company. The account footed up shows that Barlow
dumped into that bed property in less than two
years. the sum of $61, ,l3S yS.
Mr.. A. Fowler cross-examined witness severely.
Horton in reply to question said he did not to
Henry Redmond in New York and say to him. "Here
is $4,000 between the two banks in suit at Pough
keepsie. and if you will go up and help me swear
will got half the money" nor anything to that
effect
A BANK EXPERT.
A. w. Sherman, bank expert, who first en-
pioyed by the government i'll examining the books Of
the National Bank Of Fislkl and who was afterward
employed by Receiver Boz Dwck, was placed upon the
witness stand He held memorandum in his hand
His testimony showed in a series of astonishing g-
ures how Barlow deceived the Banking Department.
from time to time i'll his reports of overdrafts. Tho
contrasts are simply astounding The figures in tab
.rixv l.a1c