Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-03-22
THE SECOND NATIONAL BANK.

Sensational Change of Cashier and Teller
The Bank Officials Reticent-Only a
Minor Imprudence Admittrd.
A rumor reached the street yesterday
afternoon to the effect that Mr.. A. E. Forte.
cashier OF the Second National bank, had
been suspended and that committee of
the directors we're engaged in the examin-
alton of supposed Irregularities in the
accounts.
A GLOBE representative called on Vice
President Cowley, of the bank, and found
this astute fnancier and agreeable gentle
man ready to converse on almost every
topic under the sun but the one at issue,
which he evaded with the incest diplomacy
In the first place Mr.. Cowlsy was nom
oommittal as to any Irregularities or
shortage in the accounts, and repeated in
quiries failed to elicit anything on this
score. He admitted, however, that the
usual examination into the affairs of the
bank had been made by committee con-
sisting of VIM. B. Dean. Col. G. w.
Griggs and Mr.. D. A. Monfort. Also that
at a meeting of the directors on Monday,
last, Mr.. D. A. Monfolt had been elected to
the position of cashier of the bank, vice
Mr.. Ferte, and that Mr.. A. M. 2. Cowley
had been appointed to the position of
teller, vice Mr.. Herbert Brown.
The GLOBE representative then sought
the residence of MIR. D. A. Monfort, on
Dayton avenue, and, while the scribe was
accorded most pleasant reception, Mr..
Monfort was disinclined to make any
definite statement. When informed as to
the prevalence of rumors affecting Mr..
Ferte, and, in reply to inquiries, he stated
that in justice to Mr.. Ferte, and from
motives OF policy, it would not at
present be proper to GO
into any explanation or statement.
The usual periodical examination had
| been made, he said, and no apprehensions
were entertained. In any event the stock
holders of the bank would not suffer. If
! Mr.. Ferte had been imprudent the amount
in any event would be small, and if any
shortage existed it would be more than
amply covered by the bonds.
As near as could be ascertainsd the
status of the sffair is that Mr.. A. Z. Ferts
and his brother, AIR. L. A. Ferte, assistant
cashier, have been requested to resign OF
have been suspended and an examination
of the books is being made.
Mr.. Ferte is we'll and faVorsbly known
in st. Paul and 30 far as known his con-
duct has been beyond reproach, while it is
we'll known that he did not speculate or
dissipate. The report somehow obtained
on the street that defalcation of $4,000
existed, but in view of the interviews abov,
given it would be well for the public to
suspend Judgment for the present and
thus avoid premature or wrong conclE
| sions.
To Be Reservation Indian.
CHICAGO, March 21.-Instructions have
been forwarded to the commander of the
department of Dakota for the removal o.
Sitting Bull and immediate followers, n ov
under military surveillance at Fort Ran
dali, to the Standing Rock agency, where
other of the Sioux reservation Indians are
stationed. The savages will leave Randall
under guard, April Is. Provisions are tt
be issued to the Indians until they hav,
opportunity to provide for themselves
This is in accordance with the request o.
Sitting Bull to become q reservation In
dian, which the chieftain has hitherto de
clared he never would be. He was takeI
to Fort Randall early last fall, togethe
with number Of warliks young bucks
and thus separated from the others Of hi
band. He Is unpopular, owing to the ugly
demeanOr of himself and followers. It il
expected he Will be given an opportunit!
to raise stock to provide for himself snt