The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-06-30
Charged With Embedding
and Making False Reports.
GOT AWAY WITH ABOUT $4,000,
Cashier Of the First National Bank at
Brentwood.

S. ]. Walling, Jr., late cashier
of the First National bank of
Brentwood, was arrested at that
place yesterday on charge of mis-.
appropriating and embezzling bank
funds to the extent of 10000 and
brought before United States Com.
mission Finks of this city yester-
day afternoon. He was committed
to Jail in default of $4,000 bond
to await preliminary examination
before Commissioner Finks July 10.
Walling was arrested on war
rant issued by United States Com
missioner Charles Lednum of Dial
las, on an affidavit made by John j.
Cannon, bank examiner.
The warrant for his arrest was
issued June ~.
The bank examiner made an
investigation OF the banks aft airs
about week ago on a complaint
made by one of the stockholders.
He found the condition of the
bank to be such that he Immediately
took charge and Hon. B. B. Pad.
dock of Fort Worth was appointed
receiver.
The warrant specifically c,arges
Walling with Incorporating and
embezzling the banks funds, max.
ing false entries in the books and
false reports to the comptroller of
the currency.
Deputy United States Marshal
McCampbell brought the prisoner
to this city on the northbound
"Katy" train at 4:O5 yesterday
afternoon.
He was uncommunicative but the
fects in the case are obtainable.
Walling came to Brentwood
from Shelbyville, Tennessee, about
three years ago, and was the princi-
pal organizer of and a large stock
holder in the bank.
He has been always highly re-.
specled and trusted, and seemed to
be an energetic, conscientious gen.
tleman, and the news of the charges
preferred against him caused a good
deal of surprise and some excite
ment in Brentwood.
He claims that the trouble was
caused by lending the banks re.
sources on bal security, in the reg
ular course of business, and states
that the president and directors of
the bank were cognizant of these
transactions, although the bank Of
icials went back on him, 80 he
states, when he could not realize
upon the money loaned.
Walling is thirty seven years old,
has wife and two children and is
arather prepossessing man person,
ally, being rather tall, with light
complexion, hair and eyes.
He stated last night that he ex.
pected to make bond this morning
IS soon as he heard from his friends.
MIR. wALLING TALKS.
Mr.. Wslling made short state
ment to y NEWS reporter at tht
Jail this afternoon.
He said that although he had
suffered almost death, yet he hac
done nothing criminal.
"The bank" said he, iva.
running along smoothly in MAY
and everything was all right. w,
were dong big business in tn
wool interest and carried a larg
amount of wool paper. About thi
time the board of directors saw fl
to discharge number of tanl
officers who had the confidence o
the INKS friends and this caused
abstraction, which finally ende,
in a run on the bank, which bpgal
on the 18th of Ma,
and lasted until the l5tl
of June, when the bank p+id GU
all the money we had and wa
closed by the board, when the ex
aminsr took charge. The boart
hal q conference with him ant
after the deliberations | was or
rested.
'As for embezzlement, the 10 an
which l negotiated to the amount o
the shortage with which | an
charged, are all in the bank, ant