The Wellington enterprise. [volume] (Wellington, Ohio) 1867-188?, 1884-06-25
I ,johV, e, ENo's ,RAscALID. /,
A Letter Which Throws Light Upohi ithp
Inside History Of the Knavery Of p Phe-
nomenal Rascal. VIZ i1,''' ~ ~

A Letter Which Throws light Upon ithp
Inside History Of the Knavery pf ? Phe-
noinenai Rascal. '"'f1,"' %
tBoston Transcript1 "" 81
ins Young Emo saw that heihad wrecked the
bank, and made clean breast of the matr
ter to his father on Sunday The shock to
the old man was q terrible one, and his
anger knew no bounds. He consulted with
several of the directors, and they exant-
ined the securities in and the Books OF the
bank, and found that the hesidenthad
sunk $3,OOO,0Q of the banks assets in Wall
street. Nor was this all. He had made
way likewise with million and a half in
securities deposited in the bank by his
brothers aud sisters and even his little
nephcws and nieees! Amos r. Enc, when
he discovered these facts on Monday and
Tuesday, was completely overcome by the
baseness of his sons crime, aud from the
first was for having him arrested and pun
ished as severely as the law would permit.
1t was all the other directors could do to di.
vert his mind from his son % the bank self.
They pleaded with him not TO allow the
bank to be closed, because OF the suffering
that would be caused to tie hundreds Of
depositors. Finally his ang r toward his
rascal Of a son gave way to pity for those
who had trusted the officers OF the bank.
and he consented TO make good q portion
OF the sum his son had eIpbezzled His
first offer was 81 600, 900, but this WIS 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 lie contributed
out Of the savings Of long and busy life
enough money, with the few hundrois OF
thousands which the other directors sup
piled, to cover the deficiency and make
tho bank solvent.
Well, the bank on Wednesday morning
was declared solvent, and the work OF pay.
ing frightened dcposito-s bagan. Mr.
Emo, Sr., and one or two OF the directors
were in the bauk. aud they thought that
their troubles were In measure over,
when another d, amatic incident occurred,
and for time the fate OF the bank hung
again In the balance. Tiis was nothing
more nor less than a ohsck for 50 l,OoJ
which John c. Emo had drawn on the bank
and which he bad gos ca.hed down ,osyn
after he bad nfessJNi 10 an riub E,le,a,n at
OF four and half IulIi ,Ds W his fattr r
| This was The climax Of inpudctiee,
knavery, and bsrahCastedn ~. Think OF
this young scoundrel getting such check
cashed and through the clearinghouse
knowing that his father would have TO pay
1t or allow the bank TO close It's door! Az
first Amos RS indignation was such that
he declared that he would not pay cent:
this last stab from his son, was more than
he could bear. But one OF the directors OF
the bank offered to share the adoun,
evenly with him, and after q time he
agreed to this proposition One can
hardly conceive Of a more despicable act
than this Of young Eno's drawing on 4
bank Of which he was President, bus ia
which he had no funds, and after he hst
confessed to an embezEl4meut OF four and
half millionsl II Amos r Emo had had
his own way, he would have let the banl
close It's doors and have sent HIS son 4
Sing Sing and he deserves all praise foi
allowing the interests OF the depositors ,c
outweigh his personal feelings in the mat
ter, and for this unexampled generosity IL
protecting those who, knowing that his in
tegrity was beyond question. supposed
that the stock had not dege3erated IA hi
| son. Iui .H '..r' 'i '3A. NH