The sun., 1891-11-03
ACCUSED Or EMBEzzL1Na $4,000, 900.
fresiaeat Potter and Directors French and
Dana Arrested.

| Dana Arrested.
BOSTON. Nov. 2.-Presidcnt Asa p. Potter Of
the defunot Maverick Bank Is q prisoner at
| his summer home In Cohnsset. Col. Jonas II.
French is guarded by United States officer
| at his Commonwealth avenue residence. and
Thomas Dana. another director OF the bank. is
pnroled prisoner under $4,000 bonds.
These three men were arrested this evening
on warrants issued by United States Commits.
sioner Hallott charging them with embezzlng
the funds Of the bank. OF which they were GUS
todians. The aggregate amount said to have
been embezzled by these three directors is
$4,000. 900 divided as follows: President Potter,
$1.100.00O: Col. French. SGOO,OOO Mr.. Dana,
100000. This allegation will create greater
sensation than the wreck Of the bank Al.
though 1t was generally known that President
Potter had been reckless In his specuations.
there have been few who laid the charge Of
criminal practices at his door.
THIS arrest OF the three leading directors
two of whom have national regulations. will be
a surprise to their friends all over the country
The United States officials. District Attorney
Allen. Assistant District Attorney Wyman. and
Commissioner Hallett were closeted for
several hours this afternoon with Mr.. M
+. Dickinson. Jr.. counsel for Mr.. Potter. and
Col French and during the session Post
master Hart was admitted for few minutes.
Meantime Marshal Dohorty and his deputies
bobbed in and out and watched tho door OF the
room in which the conference took place and
the doors OF the bank on the opposite side Of
the street.
At about o'clock the conferrees separated,
all giving to waiting reporters the statement
that there would be nothing Of interest until
tomorrow. They admitted that there might
be some news then.
But in spite Of that bluff the Marshal and
his deputies were on the hunt for their men,
with warrants in their pockets for their arrest
on the charge Of wiful misapproprlation ofthe
funds Of the bank It was not much
of hunt for the prisoners were not
making any effort to escape. They probably
had an inkling of what was coming. and each
arranged his affairs accordingly. Mr.. Pot
ter took the 4:15 P. M..train for Cohasset. and
Col French started at the same time for his
home on tho Back Bay. Each was followed
by deputy marshal and each was formally
placed under arrest But the arresting officer
decided not to make an official return Of the
warrant until morning. SO the two prisoners
were allowed to remain at their respective
homes
Mr.. Dana was arrested ut his homo. He had
prepared himself for the arrest and was ready
with bail. He was taken before Commissioner
Hallett, who admitted him to bail in $75. 600
All three Of the prisoners will be arraigned be-
fore Commissioner Hallett tomorrow morning.
but as 1t is State holiday on account Of the
election. tho hearing will be postponed until
later in the week.
Although the complainants in these cases
against the banks officers are not yet known,
1t Is understood that they are bona flde GRIM
inal cases. and not technical charges only.
The figures given above show q gross VIOLA
tion Of the clause In the National Banking law,
which forbids loans by national bank to any
single individual amounting to moro than 10
por cent. Of It's capital stock. but 1t Is UNDER
stood that the complaints are not based upon
this law.
1t is rumored that forged paper to consid.
cradle amount has been traced to the late
Nervy Evans This rumor is denied By Mr..
Evanss asslgnees.