The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-01-09

yesterday, fails to show that Roanoke
was the scene OF any financial crooked
ness. His dealings here seem to have
been above board. and no was popular
with those who knew him. IL is nov
stated that his partner, W. II. Wishart,
went to West Virginia, but is expected
TO return i'll 4 day or so. Mr.. Crowl is
believed to be in Baltimore
The II. Webster Crow Real Estate
Company joined tho Roaaokc Real
Estate Exchange on tho 18th day De
camber, Tho last meeting of tho ox-
change in 1880.
At the first meeting OF this year, held
last Monday, several firms in the OK
change, which had not signed the con
stitution as required. we're clilud upon
20 sign, and Mr.. Wishart rose and
stated that Mr.. Crowl was out OF tom,
and he himself didn't have authority TO
sign ;or thc firm.
At another time the roll was called
for firms to subscribe TO the SO, QUO
fund tho exchange is getting up to
secure an Industry ana sir. Wishart
stated that he would consult with the
rest of the firm before putting down
the firms name for any amount.
President !iockadaT, OF hceAchangc,
said 10 Il '!iMEs reporter yesterday that
tho case Of Crow will b. taken IL, At
the next moaiing OF the exchange. The
board OF directors VIII investigate the
matter Monday afternoon, and the
president thought Crow would be OK
PEELED ut tho ine citing Monday nighs.
RhiriNoi:E, Jan. 8. - Especial =
Further facts have como to light con
1rniny the heavy uvcrdraft of Crowl on
the Franklin Bank. Gardner, it was
claimed, has falls fed tho returns 10 the
President and directors, and the boo.
which would have shown the large over
drafts by Crowl was always in use in
one way or another when tho inquiry
was made for it. Gardner, it was Sta I'd,
always kept the deposit limo less thaiat
actually was by tho amount ot Croy is
ovtrGraft.
Bctween tho dates of September 80
! and ~ OF last year, shortly before
Crowl's failure, the latter got $500 by
ovcrdrafts from The bank. Most of
these ovogdrnfts wore maio by checks
signed by Crowl. payable 80 his order
and cashed at other banks.
They reached the FRANKLIN Bank
through tho clearing house in the regu-
ar order Of business and wcro neve.
turned down by Cashier Gardner SO far
as it is known. Gardner WAS retired
from the position Of c.,shiera few weeks
ago. President Charles j. Baker WIS on
GARDENERS bond for the sum OF so. COO.
| amt he has made good the amount. He
VIII retire from the presidency
| President Baker was asked NJ tho
meeting Ivy one OF the stockholders, If
he had any reason 10 believe tina:
! Cashier Gardner had made anything out
Of the transactions with Crowl. 81 don't
think So was DIR. i;a!:crs reply Il
have known Mr.. Gardner since his boy
hood. | cant account FOR his action.
except on the theory that Crowl had
hypnoti2ed him"
Il good many OF Crowl's checks or the
| Franklin Bank We're cashcd at the
Drovcrs and Mechanics National Eank
where tho Napoleon OF Finance" also
kept an account. What Crowl did with
all the money he picked up around
town is mystery 70 real estate men
and bank pcoTlc.
Whether he had confedcratcs or not
has not yet appeared. lie borrowed
rightand left, subscribed to stock, gave
his notes for it. and thon hypothccatcd
! IL, mortgaged the saIne property twice,
| and, in fact, whenever he could pick up
adollar he did so. and that WAS tho last
! seen of it. Gardner was IL Sunday
school superintendent and Crowl was Il
pillar OF tlc church.
! President Nakcr said this afternoon:
''it was the day after Crowl's assign
ment that | heard that the latter had
overdrawn considerably in our bank.
and at the meeting of the directors two
days afterwards reported such, and a
committee, consisting of nv son,
Charles e. Baker, and Charles t. DIGS,
was appointed to examine the accounts
This committee made thorough OK
animation, and discovered that the ac.
count of Crowl had been overdra~n TO
tho extent Of 100000, and that SID, 900
had been advanced To Crowl which is
secured by mortgages and the indorse-
ments of james Flack. This latter
amount will not be loss, as under
stand Mr. Flack will pay up. OF the
larger amount have already paid in
SO, COO. the amount Of GARDENERS bond,
on which | had gone myself. There
VIII DO no criminal prCc ,edings insti-
tut%d against Gardner, who WAS L poor,
| dclu0od man.
".is far as any charge OF looscness in
the management OF the bank is con-
cerned We were totally unaware OF any
thing wrong until CrowTs failure when,
as have stated, notified the directors,
ana action was at once taken. Gardner,
admit, was criminally negligent in
making false entries and cOnccaling The
circumstances from me. am satisfied
he was not benefited one iota in the
money which he allowed Crowl to draw,
ana am also positive that his act was
not through any understanding with
Crowl that in the event OF the latters
speculations proving successful he