The morning news., 1894-11-25
lBiyE ROBBED OF S354,OO
The Thief a Book keeper, With a De-
pOSitOT as an ACCOmpliCe.

VlCVEE-Ln9 4usIlluL1ou EAeeCeQ the
Shoe and Leather Bank of New York.
New York. Nov. "a John NJ. Crane.
.ts president of the National Shoe and
Leather Bank. gave out the following
statement at the bank this afternoon.
To The public:
A b3okkeeper of this bank has disap-
reared. and the result of a thorough in
,esagauon, made at our request, by the
national bank examiner, has proven him
a dafaulter to the amount of S354 900 to
meet which the directors have called
ON the stock holders for an assessment.
sufficient to amply cover any deficiency.
We append a statement by the clearing
house committee. John NJ. Crane,
President.
The clearing house committee. which
visited the bank, makes the following
statement:
The recent examination of the affairs
of the National Shoe and Leather Bank
by the national bank examiner developed
defal.aton of 1854, Q0O and upon investi-
CATION 10y the clearing house committee,
this loss rs confirmed The committee are
unanimous in the opinion that, notwith-
standing this loss, the bank is in a sound
condition and able to pay is depositors.
George Z. Baker,
W. W. Sherman.
e. H Perkins, Jr,
q. G. Williams,
Committee.
The following officers were present dur
ing the examination, and have pledged
the bank their assistance if required:
George r. Baker f. D. Tappen G. c.
Williams, II. W. Cannon, J. Edward Sim
mons. j. II. Perkins, Jr, and w. A.
Nash.
President Crane of the defrauded bank,
in speaking of the affair, said: 1.-THE de-
faulung bookkeeper is Samuel c. Seeley
OF 432 Ialsey street, Brooklyn. He has
been i'm the employ of the bank for the
last fourteen years, and was one of our
trusted employees On last Friday after
noon Sealey applied for a leave Of absence
over Saturday, promising to return Mon
day morning. substitute was put to
work on his books on Saturday. and as
Seeley failed to appear on Monday morn
ing the same substitute resumed work
on the books. These were discovered to
he iU such q condition that an eXamiua-
ton of them was Immediately made by
the officers Of the bank. This was fin
lshea, and the amount of the defalcation
was known by Tuesday night On
Wednesday we sent for the national bank
examiner h. S. kimbal, who finished
his lab1rs and verified out statements
This morning. Seeiey was guaranteed by
the United States Guarantee Company for
$500 and the officers of that company
considered him one Of their best risks. See
ley was man of very quiet habits. He has
d wife and two children. The where
S5o1ts of aeeley are unknown. His wife
at present is prostrated by the shock of
his crime, and subsequent flight, She is
Very ID, We have been told"
The l#.- has developed that Sealey had
an aWuliCe in the person Of a depOsitor,
whose Identity the bank officers win not
reveal at present. He, as well as Seeley,
is Fugitive.
.leys confederate on the outside had
0een dopOsitor in the bank for thirty
Years. The bank pursued the Old fash
loae1 ledger book method, which per
m.t'ed this conspiracy to exist without
'e'eeuon. Under the old system no de-
post slips are used, the depositor simply
presenting pass book, in which the book
Keeper writes the amount of the deposit.
Ine scheme as worked by Seeley and his
confederate was very simple. Seeley en-
Tered false credits on The pass book for
small amounts, charged them TO another
account, and carried these charges along
la clever way from year to year. These
speeuIauous began about five years ago,
and had swened to the total of $35i, ,000,
"Hen the discovery was made of the
Ot-aeaJon. Some time ago the bank de-
y4tl To change the system of keeping
.3oAs and adopt a more modern method.
SeeIly immediately knew that his falsifi-
'aloh of the books would be revealed,
and disappeared.
AeW York Nov. "A, II p. m.-The name
Vi .ne depJsltor implicated with Book
Leeper 0eeley is said to be Frederick Ba-
h-f' "a lawyer The bank officers enter
'a.e sausuine hopes of bringing either one
VT bolA To- Justice, and recovering al least
var of be stolen money.
"aHk Examiner Kimball said this after
'o.I chat after the discovery of the defal-
e-'l by the bank officers, a meeting Of
directors was called for Thursday
b'oEkeeper Seeley's lawyer, Frank w
-"sel attended the meeting by pre-ar-
, m'nJ with his client. He made a
..eAl TO the directors of the bank
"- w 5uhs tance the story Of the defal-
''.lah. as told to him by Seeley
.-n angel said Seeley told him that he
.'.s44 g had prodted only $1,000 by the big
''.lg gon. The balance Of the money
N.Y. 'a'' had been secured by the depositor
a.wea
tr police machinery all over the coun-
"a | seq working, and is working now,
fr ,0e capture of the men. Whether
W.. VIII DE taken remains to be seen.
r "s the detectives have. or what
s,. '.g of the whereabouts Of the men
,r .a' hnoWn. Seeleys wife and chill
f... gnu at their home. The wife,
u-... ny the shock OF her husbands
r.