The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-12-16
ACCUSED or C0NsPIRINs TO ROB
Two Bank Clerks aud . Deposition OF ths
State hank Arrested,


Alexander Elsberg OF 237 East Seventy ninth
street. Carl Abresch Of 1.035 Jefferson avenue.
East New York. and Albert Samuels OF First
avenue and Seventy eighth street. were before
Justice Meade in the Tombs Police Court yes
terday charged with the embezzement Of
81 200 from the state Bank at 37S Grand
street. Elsberg who confessed. 10 81 years
old. He was general bookkeeper in the bank.
and has been employed there three years.
Abresch. who insists that he knows nothing
about the affair. is % years old. and was the
paying teller. He has been two years ut the
bank. Samuals is q cigar dealer. and is al
legged to have been a epnspirator In what
President Oscar l. Richard claims to be a
most ingenious system OF theft ElsberC and
Samuels were bailed in $1,000 and S.. 200
respectively. and Abresch was locked up.
They will be brought up for further examina-
ton on Tuesday afternoon.
The amount alleged to have been embezzed
Is much larger than 81. 200 that being merely
the amount OF the item which was first dlscov-
cred. Experts are still working on the ac-
counts. and until they have completed the task
the tota! amount embezzled will not DO known.
though IL Is now estimated at SlOOOO. PTesi-
dent Richard said yesterday that the first false
entry. which Was discovered ten days ago. was
made on July II. Samuels at that time had
small account at the bank. Elsberg the book
Keeper maze OUT TWO slips OF deposit AMOUNT
ing 10 5l,SUO, IN faVor OF sam uels. These
handed them TO the receiving teller, and the
latter entered the deposits on the ledger. As
ADresch was acting as both paying and re-
eeiying teller he was able to manipulate the
books of both officials, and finally with the as
sistance of Elsberg to fasify the general ledger
Samuels. therefore. always had snug amount
To his credit Just how Elsberg and AbTesch
known.
1t was an accident that aroused the suspl-
cions OF the President. who made a personal
;s1aminatlon Of the books. and. after discover
an explanation. Elsberg broke down and
confessed everything, saying that he knew
what the consequences would be when ho
counts: Abresch, however, denied everything.
Samuels, too, claims 70 be innocent Of any
wrong doing. He says that several months
through a man in the hank whose name does
not appear ho could make IA good deal OF
money for Samuels by shaving notes held by
the latter, Samuels accordingly sent Gown a
When his account AT the bank Increased ne
says he supposed that n deposit had been
made from the sale OF one or more o! the notes.
Samuels says that no did not suspect any
thing wrong until few days ago when no was
sent for by the bank otncers- lie was then
told that they having discovered the alleged
as collateral Of any value. Then he offered 10
transfer $4,000 worth OF goods which the bank
agreed to take To settle matters. lie was
therefore greatly surprised he SAYS TO re-
TOmbs Police Court yesterday.
President Richard said that Elsberg had a
lot Of notes, some Of them in blank form,
which he claimed 10 have received from sam
upls lie added that the hank would hold the
Company OF North America which
furnished a hOnd OF 5000 for Ahresch and
Of 81 5'O for Fishery, for any loss that may re-
suit from the eInbeZZlement