The indicator., 1894-12-01
WHERE is THE MONEY!
Official, Trying to Trace the Funds Stolen
From the New Yo Bank.


New York, Nov, o6.-The doors of
the National shoe and Leather bank
We're opened this morning as MACON
cerhedly as though the Institution had
not been recently fltndcred of S354,-
ooo by one Of lis trusted bookkeepers.
Ihe'lgh there WAS no apparent dan
! ger oi run on the bank, all necessary
| precautions We're taken. 1'he directors
have held numerous conferences and
when the hank doors opened to-day
| all was In readiness for whatever
trials or tests the solidity of the insti-
| tuition might be subjected to.
There Were no indica tons of run
| during the day
The World this morning says
| liordes of detectives are searching FOR
Samuel c. Secley. who stole $50, 600
from the Shoe and Leather bank
They have not found him. The man
who pocketed but Sl1,O of that great
sum is presumably alive, but is miss
ing.
Frederick Baker lies dead at Sands
Point. l.. l. None of the detectives
need search for him. WHO, the counsel
Tor the bank has announced, WIS See
ley's confederate. Such are the con-
tradlctions Of crime. Seeley who has
lost honor money, everything. borrows
u paltry $500 and seeks to escape. Ba-
ker. who may have had the TENS of
thousands Of the stolen money invest
ed IN the names of dummies, is found
dead.
But Seeley himself was bundle of
contradictions, He lived seemingly
like a man who supports n family on
S5b n week. He was apparently Il
FAITHFUL husband. n fond father. The
truth was flat "a b,.
was ne sought to make cpuquests of
women of the street He was not too
busy falSifying the books To exchange
gllnces With the girls who passed the
banks windows lie helped Ia steal
500 day and was in a heaven of de-
light When he won 500 Mt the races.
lis wife helped his escape. Now that
lie is free she is proStratcd
ON the othcr hand baker was or
ratic. lie and his wiGc would start for
Europe on moments notice and re
turn as ~u;idenly. Baker lived at the
ram OF $4,000 Il year and Seelcy
seemingly on $50 n week. Where has
the money of Bakers goue3 Perhaps
he had it safely investediperliaps 1t had
been lost ia schemes in which both
himself and Seeley We're Interested
All last night the bank employees
which Seeley had manipulated agree
with the depositors' pass books. Those
who know Sc.iey say that it was i'm
possible HAT he could have spent any
considerable sum of money on himself
He bought the modest house at No
AZ llalseS street Brooklyn, several
years ago, for which he paid 5000
There was a first mortgage of 1920
and second mortgage of 81 200 on It,
He borrowed money from Mrs. Ben
nett, his mother-in-law. 10 pay of the
second mortgage. He also borrowed
money to furnish the house. His total
Indebtedness 10 her was $1,000.
Last Thursday Sceley transferred the
property the equity in which was val
ued At Sl.4Oo. and the furniture. val
ued at 500 to Mrs. Bennett. to can
eel his indebtedness He received the
difference of 5000 in cash. He put
the money in his pocket, saying it
would be a great help to him now
There is nothing TO show that Seeley
spent anything like the money he
stole Investigation gives color 10 his
claim that he made TO Lawyer Angel,
that he retained only $1,000 for
himself. and that the remainder went
to Frederick Baker
For twenty five years Frederick Bub-
or has been known rs successful
lawyer, making a specially of the real
estate business. For C dozen years he
has been looked upon as rich man.
He had a iiue big brown stone house
in West seventieth street and ine
country place at Sands Point. Vie had
an enviahle reputation.
When the bank learned of the d.
falcation 1t sent out to discover the
thieves and to seek for SOME of the
stolen property. They were surprised
Ia find that Sccley had nothing, They
then turned their attention to Baker.
He WAS generally believed to be a large
holder of real estate. They searched
for days and found nothing that stood
in Bakers name. The only thing they
found was house in this city, pre-
sumably the one in which they lived
which stood in Mrs. Bakers name
But within twentv-four hours j. c.
Bishop, the attorney for the company.
made discovery
II will not say that none Of Bakers
properly has been located" said Mr..
Bishop. with an emphasis which led 10
the conclusion that he had recently re
ceived fresh Information on this point.
IL have no positive knowledge of what
was done with this money. | don't
believe that any of it was invested in
the Boynton Bicycle Electric railway.
| made a partial investigation of that
report, but could not confirm it and
do not believe there is word of truth
in It,"