New-York tribune., 1880-01-09


business. II Is believed tina; he avoided suspicion
and detection by cashing the checks. when drawn
for $1,000 or $4,000 or upwards. from his
private account, as there have been at no
time more than n few hundred dollars actually
deposited to the credit of the Exchange. short
time ago Mr. BOgcrt suggested to the Finance
Committee that the bank was wiling to
pay per cent on the deposits. and upon
the acQuicscencc of the committee he pro-
posed to accept the offer Since then the Exchange
has been credited with the per cent, but the bank
officers said yesterday that such agreefnont had
been made. When the experts examination of Slr.
Iiogert's methods Of keeping the books has
been be gun further light Will be thrown on
the defalcaton. 1t is not expected that any other
discrepancies will be discovered
DEATH OF MR.. BOGERT
Information was obtained at a late hourlast night
that Mr.. Bogert had died suddenly in this city in
the afternoon.
A TRIBUNE reporter found H. NJ. Bogcrt the son
Of the treasurer of the Produce Exchange at tho
Astor House last evening. He said that
bis father did not come home Wednesday
night and his family were very much alarmed at
his absence. His habits had always been so regular
that the family convinced that some
thing serious had happened to him, and
when the night passed and no message
was received from him the wife and son took an
early train to this city. The one whom they
sought was found after q long search at the
house of friend up town. He had come
there on the previous cycning,saying that he was
detained in town, and not feeling very well had
concluded TO come there and ask them to give him
room in preference to going to hotel. He asked
also that he be not called early yesterday morning.
When the members Of the family went to arouse
him yesterday. Mr. Bogcrt was found to be uncOn-
ef)us Word was sent to his place Of business,
and the relatives then learned for the first time
where no was Dr.. Lewis A. Sayre was called in,
but without avail. Mr. Bogert died soon after
O'Clock, p. m. The body was last evening removed
TO B,ncdicts undertaking establishment.
There Is much rcticence maintained as to the
cause of Mr. Bogcrts death. The symptoms were
described by tho son as those of apopexy, but there
Is reason TO fear that, overcome by the disgrace
winch would follow the discovery of his deialca-
ton, Mr. Bogcrt may have taken his own life.
CONFIDENCE FELL IN THE DEFAULTER.
Mr. Bogcrt was a tall, well-formcI and rather
handsome man. Glty-fyc years of age He was
about SIX feet in height, and had full iron-gray
beard. lie had been one of the most highly
respected business men connected with the PToduce
Exchange and was the head of the -four commission
firm of Benjamin c. Bogert 4 Son, No l02 Barclay
81. He lIYcd with his family IN HackensAck. y. j.
He had been treasurer of the Exchange with the
exception of one year, since its organization, and
there had been no cause for finding any fault with
his accounts until this discovery. Several members
Of the Exchange SAID yesterday that they had SO
much respect for Mr. Bogcrt and much faith in
HIM that he could readily nave borrowed $4,000
or $50, 900 from them before this affair. IL Is not
known that his business had suffered losses in any
way.
The bond~mcn Of Mr.. Bogcrt treasurer are
John Sutphcn, Edward AMMAN and Is. W. Floyd,
who qualified 10 the amount OF 80. 600. They said
that thcv would not contest against the
payment of the amount; hence the loss to the EX-
change II no other discrepancies are found, will
not be above Qll, 200.