The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-10-05
FIFTH EDITION.


He B'aislAed MS Books.
0bediah B. yoshell, the paying teller
OF the National Bank Of Smyrna, waA
arrested by United States Marshal
MahatTy, on charge OF embezzlement
and falsifylng his books. (,
Whom the usual examination OF the
books was recently made IL was learn,
ed that Voshell's balance sheet would
not agree with the other books of the
bank.
Further Investigation proved that
there was difference OF about &59l5,
which has not yet been explained.
The paying teller In the Smyrna
Bank, as In many other banks. Keeps
the individual ledger. In this book
are kept all the accounts of the de-
posltors, The amounts deposited and
those drawn out are shown, and the
difference shows how much the bank
owes the customer 1t 10 a book OF
original entry. All the transactions
with the bank are also entered on the
Jay DOCK, Journallzed and posted into
a general ledger. The general led ger
Is, therefore. check Of the Individual
lodger. being kept by another OF the
banks officers.
The defalcaticn was discovered by
Examiner stone. who called Voshel to
account He then re I'd off the figures
from his summary OF balances while
the examiner referred to the individual
ledger. For probably score OF ao.
counts the figures agreed. Then ono
was read off In which the amount was
greater than that road by Voshell. The
difference was small, however, and
the comparisons were continued.
As the work progressed more ao-
counts OF the same nature were dis.
covered, and In some there was very
large difference, The figures on the
summary were less than the balances
shown by the individual ledger.
Voshell said that he had made some
mistakes and had forgotten to correct
them. Without going over the whole
book Examiner Stone gave directions
to Cashier Janney to have new bal
ance taken from the individual ledger
by tho other officers OF the bank. This
was done.
An examination showed that the
bank owed the deposltors about s..
coo more than appeared on the books.
Laet Monday night Mr.. Stone "a.
| ported the facts In the case to United
States Commissioner s. Redmond
Smith. and warrant was issued for
Voshell's arrest. The warrant was
| placed In United States Mar shall Hen.
ry o. Mahaffys hands. He left this
city that night OH tho Norfolk express
and was out bright and early yeater.
day morning TO fulilll his duty. lie
first went to the residence Of John M,
Noshell, the father Of Paying-TelleI
| Voshell.
| Finding that the younger man did
not live there he departed and waf
soon at the home of the man he was
seeking. Mis-. Voshell, who is q
comely- oos ng woman. answered hla
knock, aud in reply to his question
said that her husband was still In bed.
She sud that he could not see him.
Tho marshal, without furthor
parley. walked In and went to Voshells
bedroom, whore no read the warrant
to the paving teller. Vosheil explained
to his wife what the marshals visit
meant, and she was tearfully resigned.
She sent the little boy, who Is about \
years old, to tell its grandfather what
had happened. Noshell dressed and
was brought to this city yesterday
morning. Ills father and Cashier
Janney accompanied him. He admitted
that he had made false entries. but
denied that he hal taken dollar OF
T.! money from the bank.
When he was arraigned before Uni
ted States Commissioner Smith he
pleaded guilty and waived hearing.
lie was held In $500 bail for trial. and
as the bail was entered by mis- father he
returned to his home.
The officers of the National Bank Of
Smyrna arc President, D. J. Cum.
Minis: cashier, W. II. Janney; teller. o..
i. Noshell; assistant teller, Eugene
Davis.
The directors are d. ]. Cummins. J..
NJ. Voshell. w. G. Hill and W. z. Cum.
minis OF smyrna; DR.. A. Il. Sudler, of
hudlersville, Md. A. Il. Roe, Greens-
boro, Md, and J. u. Conner, FELTON,.
Tho bank Is one OF the oldest In the
State. 1t Is Il solid and substantial in.
stitutlnn, having capital Of 800, 900
and n surplus OF $4,000.
The section Of the National Bank act
under which Voshell was arrested is
appended. 1t is chapter eight, section
300, and Is as follows: ~
Every president, director, cashier,
teller, clerk, or agent OF any assocla.
ton, who omhezz.es, abstracts, OF Will.
fully misapplles any OF the moneys,
funds or credits of the association, or
who, without authority from the dlrec.
tors issues or puts in circulation any
OF Tho notes Of the associations or who,
without ouch authority. Issues or puts
Forth any Certificate OF deposit, draws
any order or bill OF exchange. makes
any, acceptance, assigns any note.
bond, draft, bill OF exchange mort,
gage. Judgment, or decree; or makes
any false entry in any book report, or
statement Of the association, with
intent, in either case to iniure or do.
fraud the association or any other
company, body polite or corporate,
or my individ lal person, or To deceive
any officer of tho association, or any
agent appointed to examine tho affairs
of any such association; and every
person who with like intent nids OF
J ahet5 any officer. clerk. or agent In
any violation OF this section, shall ba
deemed guilty Of misdeneanor and
shall be imprisoned not less than tive
years nor more than ten"