Evening journal., 1897-06-05
BOGGS And HIS FLIGHT.
HE DESTROYED THE ONLY PICTURE
IN EXISTENCE.

THE FIRST FALSE ENTRY WAS
DISCOVERED ON TUESDAY BY
THE BOOK-KEEPER, WHO CALL
ED THE CASHIERS ATTENTION
TOIT.
Dover, June sit is believed that the
defalcatiOn of William N. BOggs. pay
ing-teller of the First National Bank,
of this town. will exceed $4,000 The
examination of the books will not be
completed for several days, but recent
developments justify the statement that
Mr.. Bogg' populations were consider
ably larger than was at first supposed.
The shortage will not impair the
banks credit, as there is an abundant
surplus on hand to meet the demands
of timid depOsitors. President Richard
son and the other large stockholders
have assured the depOsitOrs of the
banks ample ability to meet its obliga-
tions.
A force of expert accountants was
assidiOusly at work all last night en-
deavOring to straighten out the deposit
account left by the missing teller.
President Richardson watched the ex-
animation until early in the morning,
and so did Samuel Wharton and other
bank directors. Cashier Walter Nor
ris,of the Farmers Bank Paying-teller
| George Dawson and Clerk Ezekiel
Cooper lent their assistance to the in
vestigation and aided the officials of
the rival bank in unraveling the tangle.
/ Bank Examiner Francis N. Buck came
down from Wilmington as soon as he
learned of the disclosures, and Is pre-
pairing a statement for submission to
the Treasury Department at Washing
ton.
1t was stated by a director OF the
bank that Mr. Boggs succeeded in de-
ceiving the directors and the bank ex-
aminer by an adroit Justification of the
j books. His plan was to extract stipu-
lated sum of money from the account OF
some large depositor who was not in
the habit of Withdrawing money from
the institution frequently. When such
deposits were made Mr.. Boggs would
place the correct amount to the credit
of the depositor in the pass-book, but
he would Invariably fail TO give the de.
positor full credit on the ledger. He
would then pocket the disparity in the
amount of the deposit and the sun
credited on the ledger. Until the pass
books held by individual depositorl
have been called in and compared will
the books of the bank the experts will
be unable to discover the exact amoun
of the stealings.
Mr. BOggs' peculations occurred chief
ly in the last few years. 1t is said tha
{ he not only was a frequenter of tn
gaming table, but sent money by
E trusted representative, who played it a
!
4 auently carried various sums to a Phil
adelphia brokers' Office, where tn
banks money was frittered away OF
the wrong side of the market.
4 In addition to his annual salary O
!: 81 200 as paying-tener. Mr.. Boggs re
T ceived a small salary as clerk of Cit
|. Council, and also drew a salary as sec
|. retary of a building and loan associa
ton, whose funds. it appears, have nc
been disturbed. He was a notary pull
lie and received perquisites which mel
!. ted him altogether a yearly income {
J. about $4,000.
i Mr.. Boggs lived in comfortable Gil
= cumstances with his wife and fOu
p" small children, who are left almost per
niless. In a letter which his wife ha
? received from him he speaks regre
fully of his wayward course, and col
cludes by expressing the hope that tn
needs of his family will be looked aft
by certain prominent people whom
have befriended" This statement col
firms the suspicion that there is SON
\ foundation for the assertion that M
Boggs. if he were so disposed, migl
implicate others in the deception whiC
has been practiced upon the bank on
cials.