The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-24
Cleveland's Treasurer Steals Away
With 5000, 900 Not Considered az
Belonging to Himself,
And Goes to Join the Happy Band
In Canadian Society.
A More Popular Man Gould Not Bo
Found In Ohio.
His Bond Amounts to $500, 900, But, Be-
Ing Wealthy, the Deficit May Be En-
tIrely Recovered by the sale
OF His Properties.

OF His Properties.
CLEVELAND, o., Oct. o3.-Ncarly every
man, woman and child in Cleveland has
heard Of City Treasurer Thomas Ak
worthy, and thousands OF them are per.
sonally acquainted with him. lie Is, per-
haps, the most popular Democratic poll
tician in northern Ohio. So highly is he
regarded that he could have been NOM
mated for Congress this year II he had but
said the word. In business circles he has
cut a very big figure, and the statement
is often made that whatever no touches
turns To gold. lie has real estate, ships
that sail the lakes coal mines and iron
ranges, aud many other valuable invest.
ments. When no is at home he is
prominent figure on the street, and at
every turn is warmly greeted by old and
young, rich aud poor, Republicans and
Democrats. lie has not been seen re-
Gently, aud the o1iccholdcn at the city
hall have not graspcd his hand Tor many u
long day. Therefore his absence has
caused some confusion and much inquiry.
the city must he deposited IN bank, the
municipality TO he credited with the inter
est on the same, was Ia have gone into ef-
feet on the 10Th instant. Proposals were
asked for but all the banks but two rc-
fused To make bids The result was that
tho bids received were rejected and new
ones will b. solicited. However, Mr.. Ak
worthy was not in the city when the pro-
posils were opened aud his absence occa-
stoned some comment. On Saturday Mayor
Clark Briggs submitted 10 the city board
Of revision partial IMPORT Of his inycgtiga-
ton into the business methods of the mu-
niCipnl officials. Still MIR. AXworthy was
out Of town. and yesterday morning bright
and early the one inquiry on the streets
wns. where is the city treasurer" Oc-
casionally the indefinite answer was made
10 the effect that he was in New York.
His business and official associates
declared that hc was there and
was stopping at the Windsor A
Telegram oi inquiry was sent 10 that hotel
and the answer returned that MI. Ax-
| worthy had arrived there ON September 20
in the morning, and had departed Ia the
| evening for Montreal, Canada. There all
trace Of him was lost. Meanwhile his
| bondsmcn began 10 investigate. They arc
United States senator H. II. Payne aud J.
II. Wade, IT,, and are pledged for $500.
600 They together with leading city
officials and attorneys. were In consulta-
ton all last night, and adjourned early
this morning. Each refuses 10 say a word,
but all the details Of Mr.. Axworihy's alb.
scncc will no doubt bc known today. Tho
finance committee Of the common council,
after hasty examination OF the books,
aN
10y reason Of Mr. ANwotthy's disappears
ancc, is 500, 600. Senator Payne and ].
II. Wade. IT,, the bondsmcn Oi the city,
treasurer ni o'clock this morning. filed
petitions aud ailidayits in the common
pleas court praying for an attachment
against Mr. Axwodhy's vessels, real estate
and other property Tho schooner Re-
public aud ihpe-quarlcrs interest in tho
schooner Pago were attached. and his
money aud stocks IN the local banks wcro
gnrnishccd Tho sheriff Is nov attaching
the real property ol the missing treasurer.
including his farm on Laramie street out
side the city limits, aud his summer resi-
dCncc on Lake avenue. Tho National
Bank Of Commerce also began q suit for
so, 600 to recover ON a promissary note
they hal discounted. II Is said Mr.. Az
worthy has s2O0,OOO with him.
n became known early this morning
that Treasurer AxNOrthy had not only
lett the city, but that hc was defaulter.
The announcement produced profound
fcnsaiion and In the confusion which en-
sued II was impossible 10 get at the details.
Tho hst excitement Of the day was Oc.
casloncl hy the beginning la the common
pleas court olHctions IN attachment against
all Of AXwof.hy's vessel properly aud real
estate aud tlie service Of wits Ut garnish-
mrnt upon a hall dozen banks These
actions we're begun hy two Of the bonds
men aud the National liauk oi Commerce.
The city's funds had been deposited in
banks by Axwouhy and the actions
against these banks were begun with tho
object Of tying up the money he had left
IN his flight. At the city hall confusion
rrigncd. The mayor aud auditor we're
both out Of tho city. The small reserve in
the treasury was SON exhausted and at
noon payment on two warrants Wis ~
fused. There WIS no more money, and Il
was impossible 10 draw on tho funds
in bank which had been tied up
by order OF the court. The finance
committee oi the common council was
hastily summoned aud an investigation
begun. Late this afternoon Il Was an.
NNNNffh AlNA w Nit' HNfNf NNfHNf NNiA'N
over 10 the treasurer anil 10y him deposited
In the bank only Sll7, i5OOj remained on
deposit The shortage therefore amounts
a. s-i2p, 49,. ~. OF this SUN Treasurer Ak
worthy IL believed to have taken at least
500, 900 In cash with him. The police
pension fund aud the iircuiansclici fund,
which were unsecured 10y bond, are gone,
aud over tl02, OOO Of the boardo education
fund goes into the shortage. THIS last
item Is secured by a separate bond OF
$3.50 900, with Sclah Chamberlain aud i.
T. Handy ~ suretics. II IA believed that
Axworthy's vessel property and real
estate will sinycniofy nearly soOO,OOO
aud the bonlsmcn arc secured. The city
WILL louso nothing ~ the bonds are good.
no OF the missing man has been Sc
cured. II IL asserted that lie II IN Liver
pool, England. on his way 10 Belgium and
that he Is well provided with ready money.
IL is rninofcd, but not confirmed. that
Axwonhy lost heavily In the recent wheat
squeeze. and that he was In the Gogchic.
iron crash Tot large sum.
The common council met tonight 10
take action In the premises. II was de-
clded to declare the office Of treasurer va
cant, aud that will lie done IN soon ~ the
proper resolution eau be passed. when
temporary treasurer viii be appointed "
I'LL out Axworthys terua-