The sun., 1895-05-05

| Cutnuihttu over bnu HDONe tnc uiNuCuun tuht
ran ,hs Su.i.e.. when I, was nsS Of cop5s. n,s
nsss ' they they ADMIRED % aYI HI. methods; S ''''
ArSois @ xss % his fa time ' was een.ssrea t. rss
rate hnansioE % was elected presdent sid Of the
sh ow Who Ssd ctd
ss s.hs Tss f %ans MIR RSy so@
N R Fowler. Two % dIr.etors M from m % Rockville viii G wepe
Frank N. Adams and E. stephens Henry. who
Prospered 70 such an eItont that this Board Of
Rsy tin 10 10
personsliy took any active management OF
months by II. Se Nsons iPsu BANK eEss
and he was the only man outside OF Mr. Risley.
bookkeeper. who a Knew wan anything - at ali about out
the business Sometimes on his examinations
eomDePes pa paper @ than he thoHSSt ' the ' BANK bank
Tor ali bore the name. Of the very best citizens
OF the town, but IL was too much of one kind OF
would call Mr.. Risley's attention. and perhaps
Both Mr. Risioy and tn. Board OF Directors
would assure him that the line would be re-
written written on the official letter heads Of Comp
Eeiels assuring them that he'll he had ID looked into
Mt ,bs or that py s9
It. Such note from man in SUCH an oes
was sufficient TO stop all questions, and the di-
boss ~ond INA ssr 'Ss @ ss M
next time. but IT would b newer. and II he called
promises pro- i Would % be made. Mr. Boaey % Would ns % ob
ject more to the amount Of paper that one con-
in ispef ia ne bank Mr. Dooiey would @ rsi.s 2
row. but IL half dozen concerns had that much
the SaieSaps Silk Company to % large f s%ouns
about it, Mr.. Risisy would agree to remedy it.
and when Mr.. Dooley came again he would find
the linz OF Sf down
examination. Mr. Ri,ley was sick for more than
ssas with Mmsn.e toa When hm his
suffered from that disease, he came to
each of whom told him that he might live until
this june, but that 1t was pretty certain that he
one week He stuck to his work at the bank
with cGmmendable energy. Then he sent for
M6 hs Ss to- e% that
business and he wanted Mr.. Culverhouse to con
@ him s on all wss9.S th ns
duo in tou; or n,e days and he wanted
about about ne repswal q the note; Mp. eulvsre
died. Nj. Culverhou.e came to the house and
said that the renewal would be all right pro-
close OF banking hours the next day 1t was vas
dTawn d,, ready y to sign MI Ki,ssy propped him
started 10 write s He had not more ne
than half finished when he dropped the pen and
%h sSid "Its no use; cant do ii lin too weak"
state, and he died that night.
The next Monday the Board Of Directors met
AasS 'ss,G isaea''
fore accept the position would like to have a
thorough examination Of tho books made. Since
things which do not exactly understand. They
are all right, Of course but It is proper l being
that We should balance up accounts and start
President Arnold and the officers of the bank
said Of course there couldn't be anything that
wouldn't be quickly OK planned. but they guessed
1t wa. the proper thing to have an examination.
been In the bank about an hour when he. too.
stand. There was great amount Of commercia
paper. that same commercial paper that ne had
h.n o
i5s s.sF e q ss e Ss2
II lGosS Ooc.d the notes that theTs
or S5, 900 signed by men who. he was pretty GER
tain. never borrowed money. He didn't say
anything about this at the time. but went on
closed. This was the first sensation. but it
wa wasn't y very big one, because 1t was given out
ehut UP its doors. That story served for one
eay M Rssy ssxsH ss
in his accounts and that 1t was through gross
had come about. The hext day this despatch
was teleEraphed back to Willimantic from
Washington:
Comptroller Eckels has received from Bank Exam.
S nn. nSS' as and
aas it, nans Gt ns
acposiiers sssS 900. the !o!si assets
no shp M
S5
Public opinion in willimantic was, about
the truth In this report. The idea of Cashier
tions began to be asked as to whose names he
s found na,s y 5000 made y Mr. Anssl AZ ar;
lie that he aee had F 20 nn mads
was a forgery; and a very clumsy one. The ex-
,s.erce OF M this note among the paper: Of the
to hs sna Sa
business. The note had been there nearly year.
Si Mr Anod sdr h never knew IT, Rissy it supposed
used u for his own purpose, or at least had
loaned II to somebody.
Next II came out that John NJ. Hall. the Vice.
President Of the Con.olidated Railroad Com
pany. owed the bank $4,000 on a note. Mr. Hall
was O. warm friend OF Mr. Risley, had done
much business with him: and had aided him in
various ways. Mr. Hall said he had never bor-
rowed $4,000 on a note, and he didn't under
stand 1t. II was another clumsily executed
forgery. 1t had passed because Mr.. Halls name
was good for good deal more than that amount
any time. Then it came out that +. $. Boss
owed the bank the same amount, $4,000. Mr.
Boss s,. is not A. q man who borrows money. and he
Mr.. Dooley wanted to know from the
directors whether they had examined the
,,.,eir last annual statement to Comptroller
Z kels They hadn't; in fact, they hadn't seen
.uat statement Mr.. pooley said that they must
have, made 1t and signed it. They didn't re-
Insmber. a copy OF this statement was got. Mr.
Rislcy had signed the names of all the directors
TO the statement himself. The Natchaug Silk
,ns uotnpanEys paper was i2hnd 10 much larger
s psny .'pudiH:ed part Of f. but Just the amount
come out. II Is thnuRht to be sOmeM here In 1he |