New-York tribune., 1896-09-02
ITALIAN BANKERS GONE.
AN EXCITED CROWD OF DEPOSITORS
CHECKED BY POLICE
DOORS or THE "BANCA PADULEsE' CLOSED. AND
THE SAFE AND DRAWERS FOUND TO BE

DOORS or THE "BANcA PADULEsE' CLOSED AND
THE SAFE AND DRAWERS FOUND TO BE
EMPTY-pOILCE AFTER THE PROPRIEToRs
An excited crowd Of Italians gathered early
yesterday morning in front of a building at No.
- Nan-st. on the first floor of which appeared
the sign "Banca Padulese Men stood about
talking one another in angry tones. and on
every face was written alarm. suspicion and
rage The doors Of the building were closed.
The presence OF the crowd attracted the at
tention Of Sergeant Shaw, Of the econd Pre-
cinot who began an investigation. He learned
that the bank. which was owned by Pietro
Gallo. had not been opened that morning. ana
that the crowd composed Of depositors'
who suspected that something was wrong es-
pecially as Gallo and his son. Giovanni, VINO
was his assistant. were not to he found
While the Sergeant was prosecuting his IN
quries. an Italian walked up to nm ana heIu
out a key This is the key Of the BANK ne
said. Gallo gave it to me at O'Clock thiS
morning. telling me to give II to the man who
will ask for it, | am afraid something is wrong
and don't want % keep the key
Sergeant Shaw opened the door ana went IN.
Tho door Of the safe stood open. Convinced
now that the banker had gone, the sergeant
made p search and found that the saie ana
cash drawer were empty. There was n"'mh'
Of value cf' in the place. The Sergeant re-
ported the matter to the station. ana the Po''ce
took possession Of tho premises
When the suspicious Of tho Italians became a
certainty their rage was startling The muir
murs Of suspcion rose into shouts Of anger.
The no, Italian blood was boiling. and sergeant
shav, saw that the situation was becoming
/ e.,
TO n Tribune reporter in telling the story, "thcy
would have torn the front OF the building out.
He sent for 2 detail of police. which went TO the
bank and held the nraged depositors in SUB
lection.
\ BILL. OF SALE.
t1ord,v had the excitement died down when
Max Joeephs an attorney. Of NO. ~ 'our'-S'''
r,ll,od into The FuIton-s, station and presented
a bill OF sale of all the goods and chattels lel'
in tho establishment This hill Of sale had been
executed by Gallo III" preceding day 10 cneh'
o, Josephs'g named Soma. Accompanied by
policeman. Mr. Jcsephs visited the looted oahN
and had all the remaining stock moved out.
Gallo was one Of the most highly respected
and nonular men in the Italian colony. Among
his follcw-countrymen his integrity was unqueS-
,ione4 lie had been carrying his business
denositors were hard-working laborers. who
nlacod thoir ontir, savings in his hands. Before
he came to this country he was Mayor Of Pa
dula rtalv and his reputation had preceded
him. SO that he found no difficulty in opening
his bank Dcpos,tors nocked 70 his doors. He
became a power il. the Italian community and
vas soon exceedingly promncn. in Italo- Amerl-
can social affairs He became a member OF most
or the Italian social and benevolent organiza-
tons notably the Garibaldl Court. No $40. A.
I O. r lie organized the Padula Socety Of Mu-
/ tual Ala. of which he was president.
oPEN UNTIL MIDNIGHT
when g Gallo met the man to whom he gave
the kov h.. had no satchel or bundle in his
! hand and the police think that all tho prop
ertv was taken away during the night The
bank was open until midnight the night preced-
ing and both the Gallos were busy They had
rooms above the bank. and according To- their
servant it was rcarly'3 o'clock in the morn
ing before they retired.
The amount Of the alleged defalcatlon is not
+ known hut dcpoSitorS say II Will not fall much
+ bclow S.,O,nO one man. Giuseppe Picciarello.
had deposited 5000 only the Other day. Dr. Mi
ohacl Achetta. Gallos brother-in-laW' p@pu,,
lar physician. had $500 in the bank. and had
lent Gallo $50 on his note only short time
ago Garbaldi Court. \. o. f.. in which Gallo
was prominent. had 81 in the bank. This court
fugitiVes Giuseppe Iocco is loser TO tn"
amount Of 500 The coolness Of the eX- banker
is shown 10y the fact that on Monday night he
called on Ansclrno Cavalli. Of No. ~ Front st.
ard borrowed StO from him. DIR. Achetta :
hrcthers Angelinc and Geronimo. wer" also
large, dcpositors. The servant who worked Tor
the Gallos had an her wages. amounting 10
$40 on deposit In the bank. and had expected
10 spend the money on winter trip I" Padula'
Mr. Jos.phs when seen H.; Tribune reporter
said that Gallo was client of his at different
times and that he had always believed MN 10
he a wealthy man. II" had about NZo.ooo III
Padula as we'll Wlat he owned here.
NE came into my office last night. said MIR
Insephs and wanted to make a general assign
u,eut To- me | found. however. that his assets
consisted mainly In book accounts. a great many
~ which srem.I on examination t. h" doubtful
and 50 told him that ther" would b" practically
nnthinc 10 take as his assi@n-e. II" told IN" that
~. Was Going to leaV" here for Philadelphia ami
wanted mo to take charge of his affairs.
general alarm has been sent out for the
cr,iti,ns and chief Detective REYNOLDS has de-
,i.d mon .,n the case. Pictro Gallo Is described
as = MAJ, Of nfty-tWo. nv" feet seven inches in
hoiru weighing 200 pounds. and having gray
I,ir and nlustachc. Giovanni Gallo the son. is
tn., .an years old five feet ten inches III height
and has dark complexion and hair and smooth
face