New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-07-21
AFFAIRS IN: BROOKLYN.
SHORTAGE IN THE FORMER CASHIERS
ACCOUNTS.
BENJAMIN r. epELMAN JR, SAID TO HAVE Spent
MONEY BELONGING TO THE TWENTY
SIXTH WARD BANK-A PREVIOUS


MONEY BELONGING TO THE TWENTY
SIXTH WARD BANK-A PREVIOUS
LOSS RECALLED.
.Rcn,amin r. Spelman, IT,, who was until recently
cashier of the Twenty sixth Ward Bank OF broohyn'
alleged to be short in his accounts 10 the cA.on. IN
9, 900 SDclman had been cashier OF the OaiA si'''o
n opened on March q 1889. He IS about lofty So"i9
ND and was born in Albany where he was Tor tiic
,olor OF the First National Bank. About TWO mohuns
GO .ho directors OF the Twenty sixth ward BANK asheu
for his resignation. This action was taken because "a
his Incorporate habits. Several monus pre'iouS9 S
accounts had been balanced because tue pfesuo" ,U
become suspicious of Spemans irrcsuai nv 49,.
accounts balanced within 5000. lie hai'"e" III 'N'
RESIGNATION on June ! and went away
IN examination the accounts were found 10 oo IT.
coc,,ar and he was compelled TO come 70 the PAM anu
90 over the books. lie cOnfcssce me deinos"os wiz
no Ind covered up by false entries spei""n I've az
No 443 Classon-avc. with his wife and TWO uausnoI'
His wife a daughter OF fres'uo'0 "'' "
First National Bank of Albany
D;,uas JcycIl the president OF the bank, sald 70 d
rr.hune reporter Yesterday that Mr. Speman haa hoO
run away The bank would not In all iiheiiloou pVO
oe him. he said they hold the ooho OF Vno ~ =,
and Casualty Company of New YORK ior Szo''oo.
comnanv was watching spelman to see that he dn nov
~ - Tho hank would not suffer any loss Mr.
1.u so,S that lie attributed the trouble cnureiy 10
sne,nan,s intemperanoe and thought that the honeS
alad been spent in good living I'm.
W N Sandman OF No. so Broadway, brother OF phe
cashier said Yesterday 1t is true that the iate cno
=, tho twenty sixth Ward Bank Of Brooklyn tcnooe"
his vaccination on juno last, and THAT subsequently,
there apyared what seemed at the time 10 t'e
% ,ha b,nk m be some confusion in the BOOKS ou'
instead of disappearing stated in the Times "a ''
+erday tho retiring cashier came Nohh'drhS U. Univ
of the bank making every necessary ehplaHiuol ~,
has ha been absent from home single CAV siioo ii0
tav I'm
,rayy has willingly conceded and paid smah ciai'n ioi
additiopal salory There is absolutely 10 action penn
,nc ogainst him from any source whatever anu Uio
president and other officers OF the baA a'o i0'0' "
speak Of him in kindly terms .o,,
Mr Jewell when told Of the statement OF spoi'nahS
brother said 1t is true that lie did resign Ina" "
nptore we knew OF the defalcaton He canie o"0N "
help Us look over the books. but 1t was u''ua ooin
npl,ion BEFORE we discovered the loss we ala asco
IN nav him for his work in getting the accounts II" so
shape. 1t is not true however u'a' nc "o'' nv.
lis His accounts are short S28oo' ITO hcp' inS az
counts by double entry and managed 10 seV Vio oO VI
ne Inv false entries He carried the scheme for ono
year and half" -, A.
W.T. dnfoIca.,on recalls the only other loss the
11reptv sixth Ward Bank has ever met WITH lhch
spelnan and Bookman the clerk. were the only Persons
a, .ho harr ON November 10 last Mr. Jewell left
the hank for luncheon, cautioning the UwO men W
II When he returned lie was told that So,ooV i'"u
been stolen In his absence. BoOKmah shu 'la0 oVo"
after the president had gone some one callen ior
spelman on the telephone. While he was there
stranger came in and asked Bookman to step OUT 10
carriage 10 speak TO depOsitor. When he returned
spelnan was at tho cashiers window, having i'nSneo
falling over the telephone. Soon after oepos'i
,,sontod n checl1 for payment and II was discovered
hat "a 900 had been taken from the open ss il
several persons arrested on Sispiclon Uur ea
we're discharged and the money was never .aS D,
President Jewell SAYS that 1t was MOI iiitehu h,
make tie story of Spclman's shortage puono' pu' d"
leaked ont in Albany.