Savannah morning news. [volume] (Savannah) 1868-1887, 1885-01-20
Observation-Disclosures
THREE BANK OFFICIALS WITH
ITCHING PALMS ARRESTED.

Two Allowed to Give BaiI-Banks in
Many Cities Duped by a Fearless
Forger-A Prominent Dry Goods
Dealer of Louisville, KY, Takes to
His Heels.
NORWICH, CONN, Jan. 19.-Cashier
Meeth and Assistant Cashier Webb. of
the Merchants Bank, were arrested to-
day by United States Marshal Kinney
Tor embezzing from the banks funds.
They were brought before United States
Commissioner Penney, who held them in
$500 bonds each to answer before the
United States District Court, which con-
yenes in New Haven on the fourth Tues
day in February. Both found bonds.
Cashier ROath, of the Shetucket Bank.
has not yet been arrested, and it is not
known whether he will be.
BANKS vICTnnZED.
NEW YORK, Jan. 19.-It is reported that
money has been obtained upon forged
checks or drafts drawn upon the Second
National Bank, Of Cleveland, o.. and
signed standard Oil Company, bv l..
McGregOr,' or other names. Several of
these checks, it is said, have been cashed
by banks and individuals in AtchisOn,
Kan. Jackson, Miss, New Orleans and
Atlanta, Ga. The drafts are SAID to have
been autographed at a Kansas City estab-
hshment, and are printed in black INK
upon dark buff paper. The fOrger is said
to travel under the names of G.. E. Thomas.
/. g Adams and Charles W. Moore,
having with him Standard Oil Company
letter heads and representing himself as
an agent Of the Standard Oil Company.
ASSIGNMENT OF A PUBLISHER.
Richard WOrthlngton, a publisher,
made an assignment to-day to Charles
Perkins, President of the East River
Bank. The liabilities are about $500, 600.
and the preferences about $S4, all to
parties in this city. The largest creditors
out Of town are George Barrie, Of Phila-
delphia, $40, 900; HOughtOn. Miffiin & Co..
Boston, $4,000, and Rice Il Kendall, of
Boston, $500. The nominal assets are
100000.
a BANK CASHIER $1,000 SHORT.
NEW BEDFORD. MASS, Jan. 19.-Wm.
IL. Chad wick, late Cashier of the Pacific
National Bank at Nantucket, OYeTdreW
his account $1,000, ana his resignation
was demanded last week. Mr.. Chadwick
has been Cashier SIX years, and his large
operations in real estate nave attracted
much attention. He made good the $4,000
Oyerdraft by the aid of friends, who
probably did not know that there was an
irregularity in his accounts. His resigna-
ton became known to the public
Wednesday morning. lie appears to
have been a borrower OF money to a
considerable amount, by some estimated
at $4,000. He left deeds of real estate
with widows as security, and to more
practical business men he gave certifi-
Gates of stock of the Union National
Bank. The President had signed them in
blank, and he had only to fill them out
and sign them himself. Quite a number
OF certificates Of shares Of stock issued bv
himself and indOrsed to others We're found
in possession of parties who have loaned
him money, but whom he had persuaded
not to have transferred upon the books of
the bank. Mr.. Chadwick has mani
tested a willingness to turn over
his whole property to his creditors. His
entire real estate is mOrtgaged, and sew
eral attachments have been recorded. No
criminal proceedings have yet been COM
menced. No greater cOmmOtOn has been
created IL Nantucket since the failure of
the Manufacturers and Mechanics Bank
in 1916.
FLIGHT OF A DRY GOODS MERCHANT.
LOUISVILLE, Jan. I9.-W. 5. Pate, pro-
prietOr OF Pate, Madden a. Co.'s dry goods
establishment, is missing. 1t is supposed
that he has gone to Canada, leaving about
100000 in debts behind. The store was
Sto9S,t UHls alIeIHooh Dy local creditors.
Mr.. Pate said that he was going to Hot
Springs. He left Wednesday, but could
not be found there. Pate's Indebtedness
seems to be for goods bought on credit.
Eastern creditors are the chief sufferers.
AN EX-TELLER ARRESTED.
WINDSOR ONT, Jan. 19.-Robert
Alderdice, eX-teller of the Windsor
branch Of the Canadian Bank OF Com
merce, has been arrested for embezzle-
ment.