The sun., 1893-12-22
CASHIER J.J. VAIL ARRESTED
INDICTED RI 7HE nROOKLYN sRAND
JURY ron PERJURY.

n. n Charssd With hIavinE seat False Re
Rorts OF the Conditiop OF the Commsrein
Hank 60 the state Superintendent - e.,
wss . Pnlsr Ia d.. MersdIth' Church
The Grand Jury which has been investlgatin ns
khe management Of the collapsed Commercial
Bank in BROOKLYN has Indicted John J. Vail
che former cashier. for alleged perjury. and he
vas arrested yesterday morning aud lodged In
Raymond street Jail. The dissatisfied deposi.
tors Of the bank have been all along emphatic
In their demands that somo O' the officers oi
the bank should be prosecuted and the action
OF the Grand Jury in the case OF the ey-cashier
did not cause much surprise. Detective Joseph
Bagnateo Of the District Attorneys Office
found Mr. Vail reading n paper in the office OF
the Clarendon Hotel in Washington street yes
tertlay morning. rhe warrant was issued by
Judge Moore OF the Court OF Sessions.
Mr.. Vail was taken to the District Attorneys
bflce. and thence to the Court Of Sessions.
where he was arragned. But lie asked to be
Excused from pleading until he had conferred
with AdolDh Simis. Jr.. his counsel. Pending
tbe arrival OF Mr.. Slms he was placed in the
barred enclosure reserved for ordinary Of
Tenders. When Rrraigned second time Mr.
Vail whispered 10 his lawyer and the latter
asked Judge Moore what amount OF bail would
be required.
H. Judge Moore inquired what the prosecuting
authorities had 90 say on that point. Assistant
District Attorney clarke who had conducted
the Grand Jury proceeding in tho case, said:
we are here to oppose any admission to
bail, on account OF certain disclosures. the ma
ture OF which am at present unnbio to reveal.
The defendant has not only committed this
perjury with which he is charged. but we have
evidence OF other similar acts. He Is perfectly
irresponsible. and oven now owes the Com.
mercial Bank itsot money. This false report.
upon which tho indictment for perjury ls found.
IL not the only one made by him. Since 1899 he
has been making false reports u the banks
condition. and has been deceivtng the drec-
tors. He has committed'periury, and under
tho circumstances. we OPPOSE his RdIrls lssion
70 bail. The Investigation oil the Grand Jury
IL not yet complete
fIamine the minutes Of the Grand Jury before
lean decide the matter. Tho defendant must
MIR. Simis said that his client could get bail
In any amount and pleaded hard to have him
angate. Mr. vail was H taken pES e a With batch
Of prisoners In the regular prison van and
LOCKED up in a cell on the main corridor. .,
the GommeTcia! bank 70 tGe, stats sgEeTin;
WAS fase. and intending to deceive the au.
thorites. Several nllcged false Items are
counts classified as doubtful are stated at
20, 7sO. although in fact thoy were largely in
oxcess Of that sum; the bad accounts arc
placed at Slau4O. but they were. as alleged.
nearly ten times that amount. and the sus.
pense account. credited with $1,000 Is said
not 10 have been worth anything at all.
Seth /. Keeney. the eN- President OF the bank
signed the oath attached tU the cashiers re-
bort.
It Is expected that othor indictments will be
found against Vail and that two or more O.
the directors may also be Indicted. II Is said
that tho Granr Jury hastily indicted Vail on
Wednesday night, fearing that he intended to
leave tho state. lie IL Z tall, portly man. with
n white chin beard and smooth upper Iip and
IS about 60 yoprs Old, Ho had boen casliicr "
the Commercial Bank since IFS organiyatou.
about ten years ngo He has been one oI tho
tlonal Church. OF which the Rev. nr Meredith
81 pastor, and was teacher In the sunday
school He hns also been prominent in the
affairs OF the Young Mems Christian Assocla.
tion.