The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1882-01-26

A.~raS>.ucnt of this Popular Nonng
-, of Alexandria His Mothers Sac
e.. ESQ. 600 ISabilities-MisS Cucsen-
and Mrs. Hoofr Heavy Losers-Pcn-
-. uc Flies from His Home 20 Parts
raSrov"'
IN, following additional particulars Of
81. alexandria failure which was an
..c,ed ia the Dispatch Of yesterday are
..r from the Alexandra Gazette:
r..aih regret seldom experienced that
called upon 20 record the downfall
-,n who has occupied such promi-
no>iiion both in this city and in the
s. 4. Ncalc. For q short time past
.t.. he.n known 20 few of his intimate
....5. 0,a. ho was labOring under finan-
.l .lhsrra,smcut. but moi until saturday
b.. Ma. thc full extent OF his delinquent
lNal.cd. and not until Nc>tcr-
l., were The public made acquainted
.,t ue facts In the ease. Il has trans
.,1 llqt not only were fund, OBJ
rll i'm legitimate way, through
r. lank, and otherwise. Squandered,
.,., . large amount OF trust FUNDS have been
.,r-ouria;ed, which VIII probably ca,lSe
M mcorNenicncc, il not ruin, 10 those
,ls have been dcigaudcd. The dcnouc-
-.rt Vas brought about Ivy q suit inSu-
.rtd hv William G0vdcn, ESD. ois New
N.rt.a e.utomln with whom Nr. Noale
..fl,op intimately associated in business
.-,r..,,'on,. principally i'm the West In
lies. md who viii lose 10 Jhe ainouhi OF
..4ll0 or UPWARDS. and who threatened
d ION
...r If failure on The part on Mr.
N.l. ., secure him. In addition,
t. Also arrrorriatcd Of trust funds
ia la. hand, belonging TO Miss Edith
ou...DbcrN upwards of $4,000 in
BONDS. and iUnd, amounting 10 over Ho'oeO
blor.le Co Mrs. p. II. Hooil. beside
ir.,.r amount, OF other friends whose con-
fIrcc Dc Wanionly betrayed. \ LARGE
.r,.gpt NJ virginia bonds owned 10y The
Princes, Piuafcii. Of Spain. nee Chapman,
Ola. r>act amount % which has not been as
r.,amet. also held by him in trust. have
I..n used. The First National Bank. OF
which '.r. N.llc WG, director. Is partly So
cured 81 deed Oi trust upon good and avail
aihmoDcrty in thi~ city. Madame Rigua,cl.
n probably secured. as tine bond>ucn arC
rH m.l ol known financial ability, while
Mss QucScnbcrry, Mrs. iOo0, ana other,
.T.u whom lesser amounts were obtained
y ,Diy nominal security. The tota
,um a his known liabilities, after deduct
r- tho amoWt secured, will probably cN-
coed ffy thousand dollars. The manner
100 which thi, sum OF money, in addition to
rrcc fee, and handsome profits from his
interests I'm the West Indies, sometimes
mounting To over twenty thousand
ur uumn. waS expended. Is as yet a
MYSTERY. though il /, rumored that
ht bad engaged in stock Spccula-
ZION, I'm New York. On Saturday
g.t Nr. William GIayden, who held a, Sc
oDify I'm part $1,000 OF stock of the First
National Bank of thi, city, determined.
1uou the failure OF Nh Noalc 10 further
indemnify him. go institute criminal pro-
rreding, charging Nealc with perjury.
Mr.. Ncalc. uuon learning this fact, decided
10 certain of his Alexandria creditors all
hi~ real grd personal property. in which
decd hi, mother Joined. thus leaving her
,ch rnniie.,. and hc Immediately thcreai-
tar lcu the city forpmt, unknown. Linden
k,ut. E>Q.. Mr. Ncale's former partner,
while losing tr-ely Is IN end0rSer. will. it
IS understood. make good the liabilitic, Of
ANNft a. al. az u III la ttlitA WIN VI
course deeply mortified at the conduct OF
DIE partner, hcar- III, losses with fortitude,
and retains the respect and esteem Of the
community. liz conduct in every particular
hoiue above rcproach. That 4 man occu-
pyiL- the position held by Neale, with the
iuU confidence OF the whole community.
with every prospect OF a bright fu-
urc before him, fun OF ambition,
and with recognized talent and ability,
should have 50 persiStcntly pursued
20 course which he knew must lead Ia
utter degradation, is not only a matter OF
surprise and modification TO his friends,
iut Of ,hc utmost surprise 10 the whole
clnmunity. Mr.. Nealc has been twice 9
mdidate for Congress from this district
r.- very popular, and possessed great in
'nancc. had .crvcd I'm the Legislature. was
aoWncd for hi, ability a. IN organizer,
tad occupied high position i'm the political
affair, OF The state. II is needless TO add
THAT his downfall has caused deep regret,
not only i'm ihi. city, but wherever he was
known. F0c.jis dcSCOauS ACGRi.