Waterbury evening Democrat. [volume] (Waterbury, Conn.) 1887-1895, 1894-12-19
RUBBED BY ITS CASHIER
Central National Bank of Rome,
N. Y, Loses $4,000.
BIELBY STOLE TO SPECULATE.
He Confessed when Confronted with xvi
dcnce of His Guilt Teller GIIIett, Who l.
Mayor of the City. l. Missing. hut Richly
Says He l. Not Implicated.

says He l. Not Implicated.
RoNE, y. Y. Dec I9.-Thc areatsst
surprise Romans have had in many years
was caused by the news that John f. Biel-
by, the trusted cashier OF the Central Ma
tional hank, was "A tlcfGultcr In the sum OF
SCI, 900. The sho. tncSs I'm the accounts
was first suspected about two weeks ago
by National Bank Examiner J. Van Vrnu-
ken OF Schenectady, who visited the insti-
tuition ut that time. On Monday of this
week he suddenly and unexpectedly rap
pcarcd and continued his investigation
and made the above discovery.
Mr.. Biclby admits that he has taken
about so, oon and says that he speCulatcd
in stocks, was caught in a downward
market and took the hank funds to rccov-
CT himself. Most of these funds wcrr also
lost. President Albert W. Orion Of the
bank, who was in New York ut the Zine
of the discovery. was tclcgraphcd for and
arrived home. when for the first time he
learned of the defalcation.
Samuel Gilleft, the teller Of the bank,
who Is also the mayor Of Rome, disap-
pcarod Monday evening. and his whcrc-
abouts are not known by his wife. Mr.
Bielhy, however, says no one Is ~ fault
besides himself. and that Mr. GiIlrtt had
nothing tn do with the tcfalCaiiun
MIR. Bielhy stood As high as any citizen
could In the estimation Of the community
and had been the trusted employee Of the
Central hank for many years He had
reached his position rs cashier by gradual
promotions from the position of mcsscn-
ger. He be"amc cashier in lSsS upon the
death of Cashier Charles :. Griffin.
Was Trusted Employed.
Cashier Biclby's populations have been
going ON for n year and IA half His meth
Il Of. l. =.
in many instances. when he rCCCivcd funds
from dcpOsitors. to conceal the record of
such receipt from the hank examiners.
thus making the liabilities of the hank
seem less than they rally were. This was
carried ont Ivy means Of certificates OF dc
posit.
As soon as the examiner discovered the
dcfalcation, he sent for number Of the
dircctors and explained to them the situa-
ton. Cashier Biclhy was present and ac-
knuwlctigcd that he had appropriated the
funds of the lsInk. He seemed to feel his
position kccnly-
Samuel GilIctt, who had served a teller
Of the hank up To Monday ut I y. M. fail
ell To put in an appearance Tuesday morn
ing and has not been SsNSn since. Mrs Gil
lett said that her husband. who i mayor
Of Rome, left home ut : ucluCk Monday
evening, saying that hc was going to- at
tend the council meeting. He was not
prcscnt ut the meeting. however
The Central National hank handles the
business nf the Oneida County savings
bank. state Examiner Il. II. BaCkus uG
Albany and AN assistant came tn Rome to
examine the books and accounts Of the
savings hank. 1t il suspected that thcrc
may bc a small number uf savings hank
paSshuuks ont of which thcr' j. no r,'Corti
All the dcpOsitOrS' b,,okS will hC called in
for comparison with the ledger accounts
Ii will tax" several days tn get ut the facts
Even II these suspicious an found To h,
grounded, the stability nf IhctIank will be
unimpaircd. A. IL has good surplus