The Providence news. (Providence [R.I.]) 1891-1906, 1895-01-14
Dover Bank Accounts Badly
Mixed. :
Notice OF Suspension Posted The
Shortage About 100000
The Suspected Official Put Under Poe
lice Surveillance Yesterday.

DOVER, n. H., Jan. 14.--A notice wss
posted on tho doors OF the Dover National
Bank at o'clock a. m. that announced
the institution had suspended and that
by order OF the board of directors, the
banks affairs had been taken in charge By
Bank Examiner G. M. Dorr. TO an Asso-
ciated Press representative Examiner
Dorr said that Cashier Isaac r. Abbott's
accounts were badly mixed and there was
shortage which might amount to be-
tween 100000 and $4,000. He could
not state definitely how much the
defalcation would amount to as the books
have not yet been throughly examined.
The representative OF the Associated
Press interviewed Cashier Abbott At his
residence, where he has been under SUR
veillance since Saturday. Mr.. Abbott
admitted that his accounts were short,
but refused to say how much. He would
not say where the money had gone nor
how long the shortage has existed. All
efforts to secure from him anything more
than an admission that he was defaultcs
were fruitless.
Vague rumors Of ashortage In Abbott's
accounts gained currency last Friday
when Bank Examiner Dorr came here to
examine the books of the bank. An
investigation OF the cash account by
the examiner and the directors on that
day convinced them that something was
wrong.
The examiner went to his home In
Somersworth that night and no action
was taken by the bank officials pending
further examination OF the books.
When Mr.Dorr returned Saturday morn
ing the vault ofthe bank, which has time
lock, cJuId not be opened. The mechan-
ism appeared to be out of order, and al
efforts to gain an entrance were without
result.
Cashier Abbott was NJ once placed
under the surveillance OF the police and
he remained in his house all day Saturday
and yesterday. This morning the bank
vault was opened and coon after
the notice was posted on the bank do-r
that the institution had suspended. Bank
Examiner Dorr immediately telegraphsd
for United States marshal to ake
Cashier Abbott in custody.
Abbott is treasurer of the city OF
Dover, and is also connected with the
Dover Five Cent Savings Bank, which has
offices In the same building with the
National Bank on Central avenue, but
it is said that neither the city nor the
Savings bank will suffer by his defales-
tion.
The National Bank viii not be affected
by the shortage, it is claimed, as Abbott
is under heavy bonds aud the defaI-
cation will be made good. The
bank is about rs years cid and 10
rated as one OF the soundest and most
substantial in the ciny. Its president Is
Hon. e. N. Brewster.
Abbott has been cashier OF the bank for
about twenty years and is one OF the MOTT
prominent and respected citizens of the
city. lie has been pre- niponsly iden-
tilted with the affairs OF the Free
Baptist Church, Of which be was an active
member and has held numerous positions
of honor and trust in the city. Three
years ngo he vas elected city treaouler as
a Republican.
Abbott is about 30 years of age and is o
widower with daughter and two soma,
who are now in school Ee resides in
handsome new house on Arch STREET,
which is known as one OF the best IN the
city.
Abbott Shot Himself.
Cashier Abbott killed himself IT his
home this afternoon. lie consulted
suicide with pistol.