Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-05-29
DRAWING THE LINES.
The Question of Bardsley's Successor
Will Go Into Court.
TO BE CARRIED THERE DIRECTLY.
Spring Garden Bank officials Arrested and
Held in Bail.
TWO MORE FAILURES FOLLOW THE REST
ESPECIAL TELEGRAM TO THE DISPATCH ]

| PHILADELPHIA, May 2S.-Selecta and Common
| Councils this morning approved the sureties
| of Richard G. Oellers, whom they elected
yesterday to be City Treasurer during the
unexpired term of John Bardsley. This was
not accomplished without overcoming OBJ
stacles by the Democratic mem
bers, who sought to delay ac-
ton. The ordinance approving the
surities has been signed by the Mayor.
| Mr.. Oellers has now qualified, but the main
question remains to be settled, and that is
whether or not he is legally elected. W..
Redwood Wright, the selection of the Gov
| ernor, has accepted the office and the
dispute will be carried into the courts
at once The next move in the matter
of succession is expected to bean injunction
asked for by the State to keep Oellers from
| taking charge of the Treasurer's office. This
I lines of legal battle. Wright's attorneys are
now making their case, and will be ready
soon.
John Bardsley still continues under the
watchful care of two of the city's detectives,
and now that he is able to move about his
room extra precautions have been taken to
prevent any attempt to escape. The de-
tectives keep him under constant surveil-
the outside of the house to prevent any
move which might aid him to escape.
A Preliminary Hearing To-Day.
1t is expected that Mr.. Bardsley will be
able to appear at the hearing before Magis-
trate Pole at the City Hall tomorrow. No
sensational developments are expected at
this hearing. The three charges against the
dishonest official will be briefly outlined by
the city and State authorities, and Bards-
leys counsel will made no defense. The bail
will then be fixed at $25, 600 in each case, and
before tomorrow night 'Honest' John Will
be safely immured in Moyamensing Prison.
Frank W. Kennedy, President and Harry
Bank, were arrested this morning on O war
rant sworn out by Bank Examiner Drew.
President Kennedy was charged with the
embezzlement of s1Oo, goo and conspiracy to
charged with falsifying the reports
to the Controller of the Currency.
The Kennedys presented themselves
before United States Commissioner Bell
shortly before noon for hearing. Both
were accompanied by counsel. Messrs. Dali
las and Crawford appeared for Francis w.
Kennedy and R. P. White and Th2mas w.
The warrants for their. arrest were issued
late last night by Commissioner Bell at the
direction of United States District Attorney
John B. Read Both warrants were issued
upon the affidavits of Bank Examiner Drew
and were placed in the hands of Deputy
Marshal Maple last night.
Held in Heavy Bonds.
The defendants were not taken into GUS
tody, but were notified through their coun-
sci that warrants had been issued for their
arrest and appearance this morning before
United States Commissioner Bell. Their
hearing was brief one and resulted in II.
H. Kennedy being held in $4,000 bail and F.
w. Kennedy in $4,000 Samuel W. Rowley,
President of the Hero Fruit jar Company,
in which both the Kennedys are said to be
interested, entered security for H. 81. Ken
nedy. No one was present to go bail for
Francis W. Kennedy and he was locked up.
From the few developments that took
place to-day in the affairs of the Spring
Garden Bank, it is evident that when the
full story of the banks management is told,
it will fairly rival that of the looted
Keystone Bank. Receiver Fisher said to-day
that the further he examined into the banks
Sor TIE 'de Il Is said that mncb
of the collateral held by the institution is
of a most dubious character, being one-name
paper. the stock of companies that are more
or less embarrassed. and such like. A mem-
ber of the depositors' Investigating commit
tee, that is Investigating the banks affairs,
said tonight that among the collateral of
the other for s20,O 600, that are drawn by per-
son who has no existence.
Forced Into an Assignment.
The suspension of the Spring Garden Bank
has been far reaching IN its effects, and
many business houses have been seriously
crippled by it. Yesterday the American
Machine Company was forced to assign by
reason of the bank failure, and to-day the
Millward- Cliff Cracker Company made an as
signment from the same cause.
The Millward-C Cliff Company is stock
company, and in an Investigation of its
affairs, It was discovered that Frank Benton,
the treasurer, had given accommodation
Kennedy, President of the Spring Garden
Bank. When this was discovered the officers
of the company decided to make an assign
ment to protect their creditors, pending
thorough Investigation. The company has a
paid-in capital of $125, 900 and assets thought
to be $4,000 in excess of its liabilities.