New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-01-31
II am not Mr.. ren,' said thst@an, with a

II am not Mr.. pen' said the @an, with a
great show of Indignation.
At this Bernhardt laid his Hand on the mans
shoulder, and said "Oh, know you. I've seen
you dozen times"
The man repeatedly denied that his name was
Pcll, and finally Deputy Bernhardt said WELL
you must come with us anyway
The woman, at this, said It's all up, and
Pell then admitted that he was the man whom
the deputies wanted. He offered Bernhardt $500
to stay in the house over night with him, so
that he would not be forced to sleep in prison.
The deputies however, refused the offer and drove
to the house Of Marshal Jacobus. No. 16 Morton
ST., in a cab with Mr. Pell.
When they reached the house the prisoner
pleaded with the Marshal TO have the deputies GO
with him so that he could get bondsmen. Mr..
Jacobus refused, however, and ordered his depu-
ties to take Mr. Pell to Ludlow Street Jail The
cab was dismissed and the three went to the
Jail in street-car.
When the party arrived in the warden's Office
they were greeted by Henry s. Ives, who is an
old friend of Mr.. Pells. Ives welcomed his COM
panion in misfortune heartily.
RUMoRs OF ALLEGED GOVERNMENT CONTRACTS
1t was said yesterday by one who was in a
position to know, but who, for various reasons
did not wish to have his name used, that
Mr. Leland did not receive the entire
amount of the selling price Of his
O35 shares but enough only to reassure him
| against any suspicious of wrong. What security
he received for the remainder due him could noo
| be learned. A rumor in circulation was that
concentrations were made to Mr.. Leland that the
purchasers had large Government contracts. Two
of the alleged contracts were for dredging the
San Francisco harbor, and the other to dredge tho
| Harlem River. Again. the purchasers are repre-
| scented as saying that they had extensive dealings
| with the Government in supplying grain and pro
visions to the army. No one could be found VINO
would say whether not these claims were made
by those interested in the purchase of the stock.
THE CONDITION OF THE SUSPENDED BANK.
Bank Examiner Hepburn returned to the Sixth
National Bank at late hour in the afternoon, and
at half-past o'clock made this statement as to
the banks condition to a Tribune reporter: " The
missing bonds are still missing. Their par value
was $421 900, and their market value was S4o2,-
466. Upon this sum $4,000 was pald by the
Claassen party. That leaves net dehcIG OF
$432 ,466 on account of bonds. There is loan
Of $50 600 secured by 1853, 600 worth Of Equitable
Bank stock, which is practically useless, because
that. bank has suspended There is another I0an
for $6O, 900, secured by stock of the LenoX HUI
Bank amounting to $505OO. This Is an asset
of exceedingly doubtful value as that bank also
loan OF $50, 900, secured by $50 shares of the
par value of SIS, 900 of the Equitable Bank ana
other collateral securities, among which are S@5OOV
at par of the bonds of the Empire Gas ana
Electric Lighting Company 81 900 at par Of the
bonds of the st. Louis, New-Orleans ana ocean
Canal and Transportation Company OF New-Jersey
1.-THE name of which company appears on tne door
Of Mr.. SimmOnss office; $4,000 at their par
value of Carolina Central second mortgage ponds
and $4,000 at their par value OF the thlrd
mortgage bonds of the same road Although lne
par value of these securities is SOC, OOO the sum
which will be realized from them is exceedingly
prOblematcal. eee ooo
worth of protested paper of these parties meaning
the Claassen crowd. and SOS, 900 worth OF 1t
came from the Lenox Hill Bank for which the
Sixth National has been clearing THESE are az
of the bad assets of the Sixth National, except
a very trifing amount of other protested paper,
which is no more. than all banks are in the habit
of carrying, and is not enough to attract
attention. / shall complete my examination to-
morrow and forward my report to the Controller
at Washington. | suppose receiver Will then
he appointed, as is customary In such cases. l
don't think the depostOrS will lose anything but
il looks bad for the stockholders. They may
have to stand an assessment and are liable for an
amount equal to the par value of their holdings;
The Sixth National was one Of the gllt-edgcd
banks of the city and was doing good business
ten days ago"
SCENES AROUND THE CLOSED INSTITUTION.
All day long crowd of men and women hung
around the doors of the bank, hoping TO hear
something that would satisfy them that their
deposits would be paid. There were people of
all classes. Substantial-looking business and
men who appeared to be less well of united in
questions as 10 the outcome of the closing of the
institution. 1t all that the two officers on
duty there could do to keep the sidewalk at all
passable. Many handsomely dressed women were
driven to the edge of the sidewalk by liveried
cOachmen and they Joined in with the rest in
wondering what would become of their money
Several Of them who had drawn checks the
bank that day and on Wednesday said that their
checks had been returned and they did not I'M
derstand it. The crowd, the notice the door
and the kindness of the officers soon presented
the condition Of affairs clearly TO them. In more
than instance they driven away with
palid faces and frequently almost in tears
The officers had been instructed by some in
authority to tell all who asked that the deposiOrs
would be paid in full and that they need not
worry on that score. This. however. was far
from satisfactory TO those who had money inside.
They wanted some more positive guarantee.
The Sixth National Bank organized in
1864, with a capital of 100000 Francis
Leland. who died some years ago. was for long
time at the head Of the institution. and at his
death Charles II. Leland son. became president
became president Of the New-Yor}S County Bank
always been considered one of the strongest and
most stable of the uptown institutions; II had
large surplus. and under Mr.. Lelands manage
ment was always looked upon as most prosperous
and sound
THE LENOX HILL BANK CLOSED.