New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-09-21

B,nh Examiner Wiswen will reach here tomorrow
and Will take such action regarding the bank the
Controller OF the Trea direct Previous To his
arriva the directors are unwilling to give out anything
more than general OF the condition OF the
bank.
Mr. Gould remains at his house In the custody
OF sheriff True. and is prostrated by the
disgrace that come up hlin tDat lie
has been confined to his bed since Saturday.
He talks calmly and does not attempt 10 excuse his
coursein anyway. Though an examination OF the BANK
being by the directors assisted by Mr Could
during the whole of last week. Mr. Goud's family was
not apprised OF the siLuat Of affairs till saturday
evening" about his made His father
and mother not Informed OF the arrest
I'LL Sunday. All or MS reia''es nave
the sympathy OF the entire community
The penalty for his crime i, Imprisonment for not less
than five than ten years on each charge upon
watch an indictment may be found.
There has been no indication to-day OF any
public disposition to make run upon the DanK Oh
the other hand, there has been Indications
OF disposition the part OF snrewd investors to take
advantage OF whatever decline there may DO In the
value OF the banks stock to purchase the same as good
Investment At the present time S2lO, 300 Of the banks
stock is held by savings banks OF Maine Few persons
believe that there will be any noticeable decline
OF the stock.
The stock OF the First National Bank has been
quoted in the stock list at Sl45 aud In common with
wv. ~~''~'~~-~~
a desirable investment for savings banks and trust
companies throughout the State. Tie President OF the
First National Bank is Harrison j. Libby Inc ca piaI
OF the bank Is 81 900 600 and the surplus S3oOoOo
The first information that there was anything irregular
in Mr. Goud's methods. dispatch to The Journal
nnderstooi have from o. the subordinate
officers Of the bank who had for several weeks been su
ricious o that everything was not all right
When the Investigation was begun week ago Mr.
Gould was in New York and his return he was met in
boston by the directors, who Informed him OF
their suspicious When Mr. could realized the situation
in which placed he Is said to have contemplated
an escape publicity he know was sro TO follow,
but considering the matter he made his mind TO ac-
cept his erimc. Returning to Portland
lie assisted directors ascertanng the full extent OF
his Irregularities.
Asa nnancier Mr. Gould is credited with being bold
OPERATOR and 1t is believed by many people that his
dashne way OF doing business caused his downfall He
has dealt largely the bonds of Western water compa-
MES am many Of thes transactions ne is
believed have lost heavily To make good the losses
he the securities OF the bank AS Temporary loan
his frienos say story that las come to The Jour
been kept his the showing his 40
.he bank to be lareely oyerdrawn and the oner
which shown e the Bank Examiner AZ ms fegu
lar investigations: tIe lact Mr. % oaId MD
transferred II to Governor Robie one OF the direct
the bank from suoh loss as It's .aue
NAV cover lie has also unreservedy turned over all his
property OF every character TO Governor hooe 0 tne
benefit bank Upon this property the DanK VIII
pr bbaby realize about OO0 although 1t Is valued at
q higher figure ny Mr. Gould. ..
The defaulting cashier belongs to q family wnich
stands high In Maine and which has repre-
sentatives among tho officers OF nearly every
bank !. N Portland. His father, Edward Gould,
is cashier OF tue Traders Bank W. T.. Gould mas
been of best hnancers In the STATE
and has active member Of the different banking
assocati OF the country He president OF Tue HAY
den AS ociaton vieet r,sident OF the NATIONAL bankns
Association, president ei the Portland trust Cem-
pany. and trustee OF the Maine SAVINGS Bank tie mas
stood high In social religious and political circles ano
has frequent lecturer upon the sdDect OF temper
In dereut parts OF the state and mas also Deen
other towns. Heis me1ber OF the second parisn
Church Portland and has been man or unusual inhu-
once among those with whom he has been associated
His fall will be blow TO his family ana many
friends throuehou State Two years ago he 0uit
and occupied OF the most elegant houses on
Safest Hs family consists or vile ana tnreo
children His wife is a daughter OF Neal Dow.
MFR. Gould cashier Of tho old international Bank
I'm s63 before that Institution reoreahlzod 40
National Bank and has hold that position
since On account OF tho nrm beiief hat naS pro-