The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-15
a DEFAULrER,s DEATH.
A Guilty Bank Cashier About to Be Arr
rested Blows His Brains Out.


Dover, N. IT,. Jan. H-Isaac r. Abbott.
cashier of the Dover National Bank. ia
a dcfaultcr and the amount Of the de-
falcaton is estimated to be about $50 900,
The discovery OF the defalcation was
made by Bank Examiner Dorr OF SOM
erset. who began an examination OF the
bank last Friday lie asked Mr. Abbott
certain questions. which the cashier said
he would explain next morning When
the examiner came in again Saturday
morning 10 was found that the safe had
not been opened, and Abbott failed TO an
pear. He was at home and said that he
would explain all Monday. The refusal
OF the cashier TO say anything was brought
To the attention of the bank officials, and
Examiner Dorr at once declared Abbott
defaultcr
When the vault was unlocked. Bank
Examiner Dorr posted notice that tho
BANK had suspended business until its
affairs could be Strengthened out. MIR.
Abbott was also cashier of the Five Centa
Savings Bank, and was city treasurer
The deposltors will lose nothing. but their
money Is tied up.
state Bank Commissioners Lyford and
Hatch arrived to-day and took charge o6
the savings bank. They make the state-
ment that that bank IS all right
Defaulter Abbott Of the Dover National
Bank. who committed suicide just befora
he was TO be arrested this afternoon. lefr
IN his brothers possession a statement OF
his defalcations, In an envelope addressef
10 Examiner Dorr. That gentleman prom.
tsed to make the statement public. bun
said, after due consideration. he would not
give II out. lie said, however, that the
statement was not detailed. but only lefu
clues for him to follow. He would noe
state the amount Of the shortage. but ID
Is stated by some insiders that the amounu
Is not far from $4,000. 1t is hinted tha1
Abbott has not been thief in the common
sense Of the word. but made his first in
road on the money belonging 10 the bank
TO help out friend. He would not state
who that friend was. There is every rea-
son TO believe the true facts viii come to
light before the examination IS over.
The first suspicion that Mr. Dorr had
Of the defalcation was the discovery of a
note for $4,000 among the banks re-
sources, signed NJ. Nelson. This led to the
questioning OF Mr.. Abbott on Friday
night, with the result that he locked the
vault, with everything inside, and adjusted
so that IL would not open until to-day The
names Of Mr. Abbotts young housekeeper
IS Miss Mortie Nelson. and it was her sig.
nature it Is alleged, that is on the note.
Mr.. Abbott was born in Dover, and has
been cashier nearly twenty years. He was
clerk in the bank before that. He haS
an elegant residence here. The Dover
National Bank is quite an old institution.
r. v. Brewster is president. The capitaE
stock is 100000. and the surplus is so, 900,
At a meeting Of the directors held lasa
week Abbott was himself elected a di-
rector.
At o'clock this afternoon, just before
United States Marshal Campbell arrived
at the house Of Abbott to arrest him, 4
brother Of Abbott heard the report Of q
pistol and rushing to his brothers room
found him lying on the floor with his
face shattered and covered with blood.
.tfe was extinct