Evening journal., 1897-06-04
THEY ARE AFTER BOGGS
American Surety Company is
on His Track.
MAY GO TO SOUTH AMERICA
HIS sTEALINGs WILL AMOUNT TO
ABOUT 900 CAREER RUINED
BY HOUSEKEEPING, SPBCULA-
TION AND GAMBLING.

TION AND GAMBLING.
Dover, June At has been discover
ed that the stealings of William N.
Boggs, paying-teller of the First Ma
tional Bank of this town, will amount
to at least $4,000, and perhaps the ex-
animation OF the books will show that
they are in excess of that amount.
On Saturday Boggs kissed his wife
and children goodbye and stated that
he was going to Philadelphia on busl-
ness for the bank and would be absent
several days. His flight was precipi- |
tated by the knowledge that one di- |
rector's suspicion was aroused con-
cerning the affairs OF the bank, and he
hastened to get beyond the jurisdiction
Of the state Monday the director re-
ceived a letter from Boggs, in which he
confesser his crime, and begging COM
miseration for the wrong he had COM
mitted. He also furnished the directors
with some information that will ma
terially assist them in unraveling the
tangle of the affairs of the bank. 1t is
also said that he explained the manner
In which the fraud was committed and
the motives which prompted it.
When Harry A. Richardson, the
president Of the bank. and one OF the
largest shareholders, was asked in re-
gard to the amount of Boggs' shortage
] he stated that he did not think il would
Il exceed S3SOO0 He added that the de-
:. falcation would not impair the credit OF
Istanding OF the bank in the least as il
lis known that the Institution is estab-
{ slished on a solid financial foundation,
and is one of the safest banks in this
part Of the Peninsula.
n TWO letters were received from Boggs
p yesterday. They were mailed from
New York and both were written upon
letter-heads of the st. Cloud Hotel.
Broadway and Forty-second street One
to the directors of the bank save infor-
nation as to how they should proceed
Q to discover the amount of his shortage
u and the other. sent to Mrs. Boggs, ac-
0 knowledging his guilt and stated that
I the saw no other means than to end
y his remorse by death. The bank Off
0l cials, however, believe Bogee is on his
Q way to South America, as he was
Y known to have at least 81 900 in gold
Q on his person at the time OF his de-
y parture.
2 Last evening Charles E. Holiday, the
N inspector OF the American Surety Com
y pany. was in Wilmington comforting
" with Hugh c. Browne, attorney for the
q company, which is on Boggs' bond for
$40. 600. Information received here
states that while he has no clue to the
whereabouts OF the defaulter, he in
clines to the belief that he is not in
: New York. He asserted that the surety
company would follow him until II
caught him. Inspector Holiday came
y to Dover to-day and held consultation
n with the bank officials.
Boggs covered his stealings by falBi-
: fying the cash books, and most Of his
d stealings were made during the past
- 1.-TWO years.
d Boggs is but SS years Of age, and has
It been married for some time His wife
i and four small children are in Dover
= The first that the wife knew of her hus.
le bands disgrace was when she received
+ the letter yesterday. She was pros
Is trated by the news, and the two physi
" clans who were summoned say that hel
lee condition is serious. No one was al
IL lowed to see her. Though he had beer
taking the money Of the bank for *
long. Boggs saved none of It. He re
lceived a salary OF 81 200 a year. He hal
- none of the money which he took, bu
" lost It in stock speculations and gamb
10 ling.
Z when Boggs first left Dover on Sat
o urday nothing was thought OF the mat
ter. as he frequently took such trips
~ but was always home on Monday. Tn
. bank directors feel the matter keenly
9 for the reason that they had don
20 everything in their power to advanc
y him in the bank. All Of them had beel
e friendly toward him. and feel his ac
isnn tion more on that account
afr4Nsr nv
e rived in Dover to-day. and after his ex
'st animation has been made tt ~ probabl
I'd that an official statement OF the exaC
on amount taken will be given out.
ck Harry A. Richardson, the presiden
ST OF the bank, was for some time closete
200 with the board Of directors. The agen
ns OF the Surety Company was present q
he the meeting Mr.. Richardson was yer
sct frank in acknowledging the defalcatio
nd and stated that the shortage was in th
he neighborhood of $SS,0OO
you may also say" he added, "ths
/ the banks credit or standing will in n
- wise be affected by the pecuIations {
our paying-teller, and that we are PR
pared to meet all and every deman
- that may be made upon us
The letters received here by Cashi'
Bateman, OF the bank, and by Mr.
BOgBS, were udleu wednesday anu WOl
=. mailed in New York.
oI Boggs was never known To be e.
. travagant. There was not the lea
semblance of a run on the bank wht
the news OF the defalcatiOn becan
known, as the directors assured all d
ad positors that the credit Of the bar
ew could not be in the least affected by
1t has been learned that Boggs Sc
eral years ago frequented the Glouce
,er ter race tracks, where he is supposed
100 have lost considerable money.
tls NOT KNOWN AT THE ST. CLOUD
al New York. June 4.-BOges did n
register at the ST. Cloud Hotel, and
Re one around the hotel remembers m;
answering his description. The san
4. is true of the other hotels in the Y
. cinity. II Boggs went to South Anne
lea he might have sailed either on
Trojan Prince which left for La Pla
yesterday, OF on the Caracas, for L
yes guayra, yesterday.