Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1895-10-25
OF LOCAL INTEREST.
A DEAD CASHIER ACCUSED.

George oIeott. Late OF the Connecticut
Rir.Y National Bank Of CharisstowB.
Nh. slid 90 Have Bsen short In His
Accounts.
George :. Bond. a director Of the Con
neciicui River national bank Of Charles
toEn. y. h. is authority for the statement
that the sxpeTT accountant. Arnold DAVID
son q New York who has ben examining
the books Of the bank over year. has -
porlei that George Oicuit- nov dad while
sciinz As cashier q the Connecticut River
national bank Vas. guilty Of mzlfe2sAnce in
Office. abuse Of ir1s,. dedication and EN-
bzzz.emeui- He refused 10 SAFE whai SUN
Of money is EAs alleged the bank had lost.
the time a. which il Ezs % o. the man
ner Of the losing. Persons who have seen
The typ-=- written document Other than This
dirz-t0r. declare from Sl2, 90 70 Slj. opl are
the figures therein: thai the time covers the
pas; 10 years. and that the paying Of
clelk OF; Of the funds Of ihs bank and the
alterations q figures On The books a-e
among the questions raised.
Al Aitemp; wil D. made 20 recover from
the estate Of the lAie cashier. The iniunc-
. tioa EAs served on the savings b2nk-Feo-
I ruzry i, 1sEtj-Ehen NJ. Olcuti Ezs out
q the STATE. R1mors few about the streets,
F but be come home 20 face the music. Sit
ting in the pArl0r Of the old hOmestead- his
Z face pale and body weary little suspeciinZ
that The end % his life E3s 50 near a. hand,
he talked freely With = reporter and de-
clAred that be had never done a dishonest
aci il his career a. cashier. Two weeks
later be Vas dad.
Ed~ari Olc1it. cashier Of = bank in IL
diana and brO,her u the man against
. whom the accusations are made and admin
I is;rztor Of the estate, IS in Cbar!es;Own.
He said: ut is true that my brother. nov
dad. Is being accused Of emb=zZlement- |
do not believe the charge 20 b true !
asked him Just before be died if there was
ANYTHING crooked a. the bank and he a.
sured ne that everything vas straight
there. The matter can never rest who're l.
is nov. The question Of dishonesty hE
been raised and il must Be pushed 20 Al
I answer Of guilty Or not guilty have not
as yet seen the r~port Of the expert, but l
hare been invited 70 look il over a. the
bank. Under the circumstances cannot
discuss 1t al length. / want 70 knox the
truth, bu; one thing IS certain; the estate
Of my brother xil neye, pay a cent 70 The
bank until guilt IS provet. | know posi.
lively that the trust funds are al right /
have received the report OF The rece.FeT Of
, the savings bank and there is nothing
. wrong there. have no doubt the same
will be the case With the national bank
. when all the facts are known and are pre-
; scented impartially. This bank trouble
killed my brother
Mr.. Olcutt vas in charge Of the affairs q
both the national and savings banks and
D received q total salary Of $3.50.
: The s,Ockholders' meeting Tuesday va.
full Of news. Il seems ihAt the nationa
: bank has passed three Of the four seminar
p nuAl dividends during the past tEo years
: Worthless western paper vas on hand
. Still the bank vas b=ing taxed on rs entir'
4 capital stock OF 500 90 Something hs,
0 to be done. Two courses we're open, :,
/ liquida;e o. 70 scale the stock Il va
: unanimously voted. 81 votes being cas-
personally o. By proxy; That the capita
& stock b. reduced from $1,000 70 200
o meantime charging Of all worthless paper
o Cashier Bond nov has in his possession
:, the proper blanks 20 ill out and forward :
the controller al Washington and con
:. mittee is also actively al work on ihi
, change Of capitalization.