The Evening critic. [volume] (Washington, D.C.) 1881-1885, 1882-08-07
BroELows BREACH OF TRUST.

How He Came TO BE n DefauIter-
Too Much DabbIing in silver Min
Ing stock-A BiII In Equity Filed
by the National Bank of the
Republic.
1ho National Bank OF tho Republic to-day
filed bill In equity against d. f. BIgelow and
the Santa Maria Silver Mining Company, the
Consolidated Roncos Wales Silver Mining
Company, tho Consolidated Arizona Gold and
Silver Mining Company, the Silver Eagle Gold
and Silver Mining Company, the State Limo
Gold and Silver Mining Company, the Black
Range Mining Company and the International
vapor, Fuel, Carbon, Iron and Manufacturing
Company.
The bill shows that Is. +. Digelow for o num-
Der Of years held the ONCE and undertook to
conduct the business OF receiving teller OF tho
National Bank OF the Republic. Ho was accus.
toned TO receive largo sums OF money to DO do.
posted In the bank to the credit OF the Gus.
toner intending to deposit tho same. 1t Is
gross breach OF trust and In violation OF his
duty, fraudulently diverted and appropriated
TO his own use large sums OF money coming
Into his hands and which should have COMO
into the bank.
HOW IL WINS Done.
While making the proper entries I'm tho
books OF the deposltors Of tho sums OF money,
so as to charge the bank herewith, he totally
failed and totally neglected to mako the cor.
responding entries on the books OF the bank
or deposit tho sums or In any way give the
bank the benefit OF them, but instead retained
the came In his own exclusive custody, and
used the Same for his own purposes. In add
me- an no 9er a
lection by corresponding banks, the sum
In all
Aggregating $4,000.
At about tho time the discovery was first
made of such diversion by Bigelow he alb
seconded from this District, and tho bank took
steps to subject his lands, goods and credits TO
tlafa % 49, a.
breach OF trust, and In furtheranco thereof on
June %, 1882, an attachment was Issued and
there was seized by the Marshal, the follow.
Ing certificates.
Stock Certificates Attached.
Numbers and 3, ono In tho name OF Dr. ].
r. Bigelow, and tho other In tho namo of u. f.
Bigelow, each for $50 shares OF tho capital
stock OF the Santa Maria Silver Mining Com
rany; certificates numbered respectively 80
and 80, in the name OF u. F. Bigelow, each for
100 shares Of the capital stock Of tho Consoli-
dated Ronees vailes Silver Mining Company;
former for 200, and tho latter for 100, shares
both In the name OF D. \. Bigelow, OF the capl-
tai stock OF tho Consolidated Arizona Gold &
73, "a and rs, in the name Of d. +. Bigelow,
each for nifty shares OF the capital stock Of the
hree Sa No sss s se snS s Sf
one hundred shares each and three certin-
Gates, Nos. $3.50, 1898 and 1884, for
fifty shares each OF the State Limo Gold Mining
certificates Nos 3i5, $40 and $50 for 100 Shares
each, in the name OF u. i. Bigelow, and
three numbered A 5000, SOL and 5000, for
fifty shares each OF the capital stock Of
the State Line Gold Mining Company; one Ger.
tificate No. GO, in the name of D. +. Bigelow,
for 200 shares OF the capital stock OF the Black
Range Mining Company, and ono certificate
No. so, In the name OF b. F. Bigelow, OF %
shares of the capital stock OF tho International
vapor, Fuel, Carbon, Iron and Manufacturing
Company.
The bank Insists that all the funds wero
ueed by d. F. Bigelow to purchase this stock,
and that he was trustee of the bank; where
fore II ia claimed that the bank has lien upon
the stock for the security OF tho money. They
against all OF the defendants; that the cor
ttficates OF stock BIO decreed to be sold, and the
process applied to satisfy tho indebtedness OF
Bigelow to the bank.