The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1884-07-20

VI the AuhNcTy Va = NO
nomenai Rascal.
lBoston Transcript
Young Emo saw that he had wrecked the
bank, and made clean breast OF the MAJ
ter to his father on Sunday. The shock to
the old man was a terrible one, and his
anger knew no bounds. He consulted with
several of the directors, and they exam
med the securities in and the books OF the
bank, and found that the President had
sunk $1,000, 900 of the banks assets in Wall
street. Nor was this all. He had made
way likewise with a million and half in
securities deposited in the bank by his
brothers and sisters and even his little
nephews and nieces Amos r. Emo, when
he discovered these facts on Monday and
Tuesday, was completely overcome by the
baseness of his sons crime, and from the
first was for having him arrested and pun
ished as severely as the law would permit.
II was oil the other directors could do to di-
vert his mind from his son 10 the bank itself.
They pleaded with him not to allow the
bank to be closed, because of the suffering
that would be caused to the hundreds OF
| depositors. Finally his anger toward his
rascal of a son gave way to pity for those
who had trusted the officers of the bank.
and be consented to make good portion
| of the sum his son had embezzled. His
| first offer was 81, 600, 900, but this was not
| enough, and again he declared that he
would see his son in prison before he would
pay any more. But the arguments Of the
directors prevailed, and he contributed
out of the savings of a long and busy life
enough money, with the few hundreds OF
thousands which the other directors sup
piled, to cover the deficiency and make
the bank solvent.
| Well, the bank on Wedne sday morning
was declared solvent, and the work of pay
ing frightened depostors began. "
| Emo ST., and one or two OF the directc =
were in the bank. and they thought that
their troubles were in measure over,
when another dr. amatic incident occurred,
and for time the fate of the bank hung
again in the balance. This was nothing
more nor less than a check for S9),pu
which John c. Emo had drawn on the bank
| and which he had got cashed down town
after he had confessed to an embezzlemen
| of four and half millions to his father
| This was the climax of impudence
| knaverv, and hard .heartedness. Think o.
this young scoundrel getting such checl
cashed and through the Clearing -hous
knowing that his father would have to pay
it or allow the bank to close its door! A
first Amos RS Indignation was such tina
he declared that he would not pay a cent
this last stab from his son, was more thar
he could bear. But one of the directors o
the bank offered to share the amour
evenly with him, and after a time h
agreed to this proposition. One cal
hardly conceive of a more despcable &c
than this of young Eno's drawing on
bank of which he was President, but i
which he had no funds, and after he ha
confessed to an embezzl ment of four an
a half millions If Amos Il. Emo had la
his own way, he would have let the ban
close its doors and have sent his son
Sing Sing and he deserves all praise fo
allowing the interests OF the depositorS
outweigh his personal feelings in the ma
ter, and for this unexampled generosity i
protecting those who, knowing that his il
tegrity was be-ond question, suppose
that the stock had not degenerated in b
, son.