The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1883-03-26
MARSTON's STEAIINGS.
Promoted from Errand-BOy to a RESPONSE
Bile Clerkship-Effect of His Defalcations.
New York World.

New York World.
Marston's populations extend over a period
of five years, and amount in all to $50, 900.
Ten years ago the Equitable Trust Company
was in need of an errand-boy, and Marston,
who was then a lad fifteen years old, and pro-
vided with unquestionable recommendations,
was given the position. He was bright and
intelligent, with only himself to depend on
for a living, and he soon gained the conf
dence of his employers. The business of
the company consists in lending money on
bond and mortgage on Western lands, and
has been steadily increasing for the past ten
years. Marston was promoted from his posi-
ton as errand-boy and put behind the desks.
His books were models of neatness and accu-
racy, and he was considered by the
officers of the company as one of
their best clerks. Five years ago Marston
was appointed interest clerk and given a very
good salary. About this time he married a
girl in New Jersey and moved out to the vii
iage Of Plainfeld, in that State. Shortly after
his marrying, it is said, he began to develop
extravagant habits. He kept a horse and
carriage and gave costly dinners at his home
In Plalntleld. If he was eXtravagant he was
nevertheless attentive to his business, and
continued to give his employers the utmost
satisfaction. 1t was afterward whispered in
the offices of the trust company that Mars
ton had been left money, and a color of
truth was given to this report when on Feb.
l he handed in his resignation as interest
clerk to take effect March 1. He gave no
reason for his withdrawal from business,
and, as he was of a retiring nature, none was
asked.
On the LIST of March Marston left the office
of the trust company, and also Plainield.
No very strict examination was made of his
books, and another interest clerk began
where Marston had left off. Ten or twelve
days ago the company learned of the detail
cations. 1t appears that when the youns
man left Plainfield he wrote a letter to a rel
alive inclosing some few thousand dollars to
be given to the company, and confessed his
guilt, The money was to be given to the
company, but no explanations were to be
made. This relative yesterday informed
some one else of the matter, and so the story
came to the ears of the officers of the trust
company. Experts we're Immediately set to
work upon Marston's books, and the de-
falcation was discovered. The president
OF the company said Yesterday to a re-
porter of the World: 1--WE have a capital
of 81, 800, 900, and the populations will dis
tress us no more now than they have for the
past five years, and we have no depositors.
Marston's duties were to receive all interests
from moneys loaned and to deposit them in
the bank. When interest drafts were re.
ceived the receipts were mailed and the
drafts given to the interest clerk. If the
drafts were upon private bankers Marston
would get the money from them and take
out an amount in proportion to the days re-
ceipts. The matter has been submitted to
the District Attorney, and Marston will be
indicted when caught. 1 am very sorry for
him, for he was a remarkably bright clerk,
and kept his books in a model manner"
Marston's property at Plainfield will net
the company a few thousand dollars. At his
residence in Plainfield nothing could be
learned of him.
The people in the village spoke in the high
est praise of the character of the young man.
Marston had two children.