New-York tribune., 1891-04-29

paying teller during the presidency OF j. u Or'N
His promotion was steady. il not rapid. Orvis
was succeeded in the presidency by Thomas l..
Vyse, who after brief reign was succeeded by
HILL
THIS is THE SECOND TINE.
The bank has had only four presidents Its
4 capital at the start was $1,5OO,0OO, but in the
administration of vyse there was large dcfalca-
ton, strikingy similar to the present one. which
so crippled 1t that 1t was obliged 10 reduce It's
capital one-half, or to S75o,OOO. Mr.. Vyse still
| lives, and might throw good deal of light on
this first trouble. AS Mr.. Hepburn says in his
statement, the bank has been unfortunate.
Hill was man of striking appear
ance, and probably learned the defalcation
business from his predecessor in that line during
the vyse administration. He had strong face,
set off with numerous character marks. In his
chin, which was firm and almost massive, there
was deep dimple Beside his well-curved and
rather prominent nose were deep creases. Ills
hair, dark-browu and exceedingly fine, was neatly
brushed back from q bold forehead His eyes
were intense and deep. They were large and set
under overhanging brows. There was look Of
concentrated energy in them, sort of do-and-
dare look His mustache partly covered his
mouth. and on each jaw there was a thin bunch
Of whiskers. He always looked if his teeth
were clinched tight. His home was IN New
| Brunswick n. J.
| The officers and directors Of the bank. as well
as the members of the Clearing House committee,
were disinclined to talk after their hard work
of the evening.
! TALK WITH THE CASHIER.
Hiram II. Nazro. cashier of the bank looked
tired and worried after the directors and exam
iners had left the bank As to genuine informa-
ton concerning the affairs of the bank, ne was
| little more communicative than the traditional
Sphinx. He stopped long enough while placing
the books in the vaults, however, to say that the
statement presented TO the public was complete
and could not be prolonged.
1T contains all that can be told he continued
II can add nothing TO its contents. In 1ac'
81 have nothing TO say"
"But. Mr. Nazro" asked The Tribune reporter
will you not give the names OF the men 10 "honi
Mr.. Hill lent money!"
NO" came the answer, cannot do that
"Will YOU tell how the discovery of Mr.. Hills
transactions was first made ?" continued the re-
porter.
"Tbe statement" was the reply, explains that
fully"
He consented later to add that Mr.. Hill wal
at the bank until two days before his deatn ano
that he had been executor of numbers u peo
plc." Who they were or what were the amouh"
Of their estates he declined 10 say lie reiterated
simply that the statement was complete ana con
oh, IN no ma
public.
| REFERRED TO THE STATEMENT
Albert C. Hall, one Of the directors
WAS even less disposed to talk upon tht
affairs of the bank, and was even more con
6dent as 70 the merits of the statement il
answer 70 the inquiries of the newspaper men. hi
renIied hurriedly and lacOnicaly that he coul'
add nothing to the official announcement" ant
hastened from the room.
| Haskell A. Searle another director, was not 81
hermeticaly sealed. But Mr. Searle professe'
not to know so much regarding the ahalr as th
other officers of the bank.
"you see, he said to the reporters, " left New
York for visit In the country the very day Una
Mr.. Hill died The discovery as 70 Mr. llllP
transactions was not made until March or Marci
+ The officers OF tie bank, however dld no
write me in regard to the discovery as they ui'
NOT wish TO trouble me with any such matters
returned to the city about three weeks ago. WIel
7 first learned of the supposed trouble MS MS
became acquainted with the details OF MI nh
actions, to a certain extent at the meeting Vi 'n'
droctors hold two weeks ago next Friday. Since
then the officers have been WORKING upon Wv
matter. Even now l have only general lIe'
30 tho whole thing. and must refer you to Mr.
Nazro for details l cannot give the names Oh any
Of the men who had dealings with Mr.. Hill. Inc
banl, however, is all right, l assure yon'
MR.. ARNoLD's WORDS.
John II. v. Arnold, counsel for the oank "a'
surrounded by reporters as soon as he ele' se'
tho peetinO But he was hardly more commuhl
cative than the directors and officers STILL IN
general way, he discussed the situation, ana con
tributed few facts to the story Of Hilrs breaci
Of trust Several weeks ago, Mr.. Arnold SAID an
examination was made into the affairs of the bank
land il was discovered that Hill had made away VII
about $500, 900 Of its funds thorough lhYe3i YS1
cation was made, and about all the lacls III mn mn
rascality known. Hill was trustee ior % s9i'
estates and used their collateral for security "ueI
he used the banks securities for his own PuTposys
lie would bring little tin trunk into tn'
bank" said Mr.. Arnold which was supposed q
contain legitimate collateral" Mr.. Arnold dc
not 90 into particulars about this. but he eA
planned in n general way that the I'm trunk wa =
used TO create the impression that the collateral 1
| contained was all right, and would cover th'
loans he made TO merchants.
WHO are the owners of the estates for whlcl
Iviu was the trustee ." Mr.. Arnold was asked.
II don't think that it would be quite far I,
all the people in this matter 70 answer that ques
Hon y he replied Mr. Arnold was unwilling t
} saw ANYTHING either about tie men to whom loan
, were made on which Mr. Hill got the bank
money They were all reputable men, of course
{" Is the bank soIvent?' Mr.. Arnold was asked
"Yes, perfectly" he replied. 1T will go o.
tomorrow, as usual and 50 saying he bowed hin
self away from the throng Of reporters.
, | J. Edward Simmons, president Of the Fourt
National Bank, and a member Of the Clearin
House Committee, said that the committee ha
} made an examination of the banks assets, an
found the bank entirely solvent
SCENES IN THE BANK AT NIGHT.
A MEETING OF DIRECTORS AND OF THE CLEAF
ING HOUSE COMMITTEE