New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-02-27

Corlleia Chitenden
DR.. J. Marion Sims. o'1Voo
Bank OF the Republic. le'o00 e'00
Bank of North Adams iMas:j. 1000
Tota, .S4S. 200
If the figures which he gives are correct Mr
CrOwell has sunk in the Empire mine III a little
more than three years the sum of $774.2OO. In
addition his real estate Mr. Crowe possesses the
| following shares of mining stock:
Jet Consolidation Mine. $4,000 shares
san Antonio Mine l0S0o oeo shares haue
-uis0ei""oo"' ''--''''-'''-''''-''''''--''' - 80
1t is difficult to say what the values OF these
shares Some are almost worthless. If sold to day
they would probably bring only fraction of what
| they cost.
Mr.. CROwELL's CAREER.
Gilbert l.. Crowell is native of this city, and is
| about fifty-fve years of age. He received COM
mon-school education and when young went into
a mercantile house. From there he went into
the Peoples Bank in CaDal-st.. and was gradually
promoted until he became its cashier. He held this
post for several years. until his health failed. For
several years he lived with his family in his house
in West Fifty-third-st. Just before he became in
terested in the Empire Mine Mr. Crowell purchased
considerable tract of land at Arlington \. j., and
built "a handsome residence there. The Metropoll-
tan Elevated Railroad had been constructed in
front of his residence in West Fifty-third-st;.
and be was anxious TO remove. He beleyedy
too, that improved property at Arlington would
pay handsomely on the investment. In person Mr..
Crowell is of medium height, very sparey built,
having the appearance of an invalid, with gray har
and mnsache he dresses neatly oeb lie bs Us w,s
friends, when he becomes animated. lie has wlfe,
u son who IS married and now at the mine at Park
CITY. and two grOwn-up daughters. Mr.. Croweil ls
we'll known in the business community. He has
always been deemed by his friends good tinancier
and judge of real estate and no one ever snspec Ell
him of dishonesty. The announcement of his en-
bezzlement will be great shock TO his large circle
OF acquaintance.
TALK WITH PRESIDENT HUNTER.
Charles F. Hunter president of the Peoples Bank,
with which Mr.. Crowell for many years was
connected, was seen last evening by TRIBUNE re-
porter, "Our bank" he said in response
to inquiries. "will not lose anything
by the failure. Mr.. Crowell about
81, 900, all of which is secured The security in
notes of respons BILE perSons-no Empire Mining
stock - with a smile, j would not take off 10 per
cent TO have our claims guaranteed. The loans
We're made at different times to Mr.. CroweD but he
did not cOndTct his Wall street operations through US
lie kept moderate account at our bank; such
one as should expect man of bis apparent means
and style of living 10 keep The news OF ms
trouble came on us like q thunder-clap. l had al
ways considered him to be man or the sirctest
integrity, would never have suspected his prob
never saw his house In NewJersey, but have sup
posed him to be living moderately. He was man
of good habits and ms mode of living was correct,
in all that that iaplles. suppose the Empire Mine
| was the rock on which his fortunes struck.
MIR. Crowell raised in our bank, continued
Mr. Hunter, and his record, so far ~ knew,
| a good one. When the bank was organized IN SOL
he came with us a. clerk. Previously he had had
some clerical experience in mercantile business lie
was cashier for a short time-l think about two or
three years-workng ms way up from his hrs clerk
ship After he became cashier hls health was poor
| aud we let him go to Europe for year. On the
way over he met DR.. Sims. who performed an oper-
alton on him which restored his health. After Mr..
| Crowell had returned and resumed his duties as
cashier, Dr. Sims him again and advised him. If
he did not wish again TO break down his health, 10
take up some outdoor business. IL was under this
advice that Mr. CrOwell left Us and took an Office IN
| Wall Street"
| WHAT FRIEND OF THE TALMANs SAYS,
a friend of the Talman family. who has been con-
nected with many of their investments, said last
| evening: g was never consulted by the Misses
| Taman or other members of the family with regard
| TO their Investments in Mr.. CrowelPs mining
| schemes. suppose they knew that l would not
have favored them. | have done great deal of
| their business, and they never lost cent through
| nv advice But Mr.. Crowell possessed their con-
| fidence TO an unlimited extent. lie was man
| who was lky to win trust. lie had good record
! in the banking business; was quiet man, who
would let YOU carry on the most OF any cOnversa-
ton with him. | estimate that the Misses Talman
| and their relatives have lost between S50OO
| and 5000 900 through Mr. Grow ell. Miss Cath
| crime Talman loses about $4,000 and Miss
Carolines losses are in the hundreds OF thousands.
| Then the Houseman branch OF the family
| has lost heavily. Still they have considerable prop
ty left. and don't think any OF them will he DIS
| tressed TIN iough their losses suppose Mr.. Crowell
| got their money IN every way pcSslble-tnrough
their Endorsements of his notes direct investments
| in the Empire me- and all other ways II is a great
pity that Miss caroline IAlman should lose so much.
She elderly Lady whose lie has been fu OF char
Ity and benevOlence Not long ago she gave 500 900
| for the new Protestant Episcopal Church in Madl-
son-ave., up near Eighty-rhid or Elghty;fourth-st
| fall 10 IN Ha IAN tx
foroerly lived in this city, but they have removed,
| some settling in Massachusetts, and others up along
the Hudson. Mrs. T.. A. Atweli. who iOses a cOnsid-
cradle sum, lives at Poughkeepsie; she was tue
| wife Of Judge Barcalo OF that place, before she
married Mr. Atwell. She is a widow living on her
| means. She is the sister of Miss Catherine
| 1alman and the niece of MISS Caroline"
| STATEMENT OF a BROTHER OF MR.. CRowELL.
Theodore Crowell, broi her of Gilbert L., is a
welgher in South-st. He has lost small sum
| through his brothers mining operations. lie said
| last evening: About year ago took 100
| shares Of Empire Mine stock. 1t then selling
much higher than it is now. cannot say that was
solicited to invest in IT by my brother. But | had
great confidence in his business capacity, and seeing
bun put money in the enterprise, concluded To do
! 40 had some money that was not using at tho
| time and bought the stock. never examined the
| property and know nothing about its condition. /
| put nv money in II on a venture, just as would
have done III any other mining enterprise. l have
| naid two or three assessments but my whole loss
| mink will fall below 81 100. The mine has been
| very expensive one OH account of the extensive
| pumping works required TO Keep IL clear Ot water
! The Oniario Mill IL bothered with water the same
| way have no idea as 20 how much mopey has been
| sunk in the property"
| Mr.. CROwELLS LIFE IN ARLINGTON.
| A TRIBUNE reporter went to Arlington last night
to inquire into sonic features OF Mr. Crowes career
and also secure, If possible, an explanation OF his
failure and the causes that led to it from MIR. Gro
well himself In the latter effort he was frustrated
at the outset by a report that Mr. Crowell was
| seriously i'll and under the care OF DR.. skinner
| OF Bellevie, who, 1t Was said, had gwen orders
that no should be admitted TO him. In the village
of Arlington the fact that .he had made assign
ment was generally known, aud was the