New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-10-02
ESHBAUGH'S BODY FOUND.
DISCOVERED IN THE HUDSON AND 1DEN-
Titled BY ]. F. GILBERT.
svov-rn no MARKS or vIOLENCE-FRIENDs
THINK THE BANKERS MIND WAS
TEMPORARILY DERANGED

THINK THE BANKERS MIND WAS
TEMPORARILY DERANGED.
Tire body OF Daniel O. Eshhaugh, Of Montcla'r,
nrcsjdent Of the New-England Loan and Trust
company. Of this CITY, which went into the
hands Of a receiver last Monday. was recovered
from the Hudson River yesterday. The pody
was seen floating near Fifteenthst. Hoboken'
bv employees OF Larg's drydoCks shortly before
10 a m They secured IL and Informed Coroner
Charles Hoffman. When ne arrived he at once
noticed that the body resembled the description
sent out Of Eshbaugh, and papers in the pockets
Of the drowned man confirmed the belief OF the
Coroner He had the body removed to his un-
dertaking establishment. at No. 10 Jackson-st''
Hoboken and Informed the family of Mr. Esn-
bauCh in Montclair. well as Otto Bannard
receiver Of Mr. Eshbaughs company. James F.
Gilbert the former secretary Of the New-Eng-
land Loan and Trust Company. and a young
man who would not tell his name but said he
was nephew Of Mr. Eshbaugh. called at Coro-
ner Honmans place and positively identified the
body. There were no marks of violence on the
body. Mr. Eshbaugh had met death by drown
ing. How he reached the river or where he
jumped or fell in is unknown.
Mr.. Gilbert made arrangements with Coroner
Mr.. Eshbaugh in Montclar. and it Will be
shipped there as soor as County Physician Con
verse views It. which will probably be this after
noon. The news Of the drowning Of Mr.. Esh-
baugh came as shock to his friends in Mont
clair where he was prominent and well liked
He contributed s. 900 toward erecting a $4,000
Young Mems Christian Association building in
the Gown. was president vf the association dea-
cor in the First Congregational Church Of Mont
clair and at one time superintendent Of the
Sunday school.
Mr. Eshbaugh left his home in Montclair last
Monday and came to his office in this city on
the same day the company Of which he was
president went into the hands Of receiver. He
remained at mis- office only few minutes and
went out. leaving his desk open. When he did
not return home on Monday night his family be-
came anxious. and the police were then fur
nished with a description of Mr.. Eshbaugh and
asked "a find him. No trace Of the missing man
was discovered until his body was recovered.
Mr. EshbauGh was about ffty-fve years Of age,
and leaves a widow and six children. Mr.. Esh-
baugh had not been in very good health lately,
and the threatened collapse of his business de-
pressed him. His friends in Montclair say that
If ne committed suicide he must have done so
while temporarily overcome by his troubles.
D. o. EshbauPh had been d prominent figure
IN the management OF the New England Loan
and Trust Company from the time the company
was incorporated in 1882 and for long period
had been the president Of the concern. He had
been interested in real estate for the last tWen-
ty-eight years II is said that at one tme IN
the early eighties he obtained possession OF
large tract Of Western land, out Of which he eX-
pected 10 make a fortune. He lived in the west
for number Of years and his knowledge or
that country led to the belief that profitable
nm fraCc f1 N
farm and town property. This led 10 the start
Ing Of the New England Loan and Trust Com
pany, which passed into the hands OF a receiver
last Monday. This company had branch offices
IN Kansas City, Tacoma. Seattle. Des MONIES.
Salt Lake City, Dallas and other important
Western cities IL Is said, as well as agents I'D
Europe. According 10 its last statement 1t had
loans on Western lands amounting 10 over
100000. 1t had sold over S1opoNw in de-
benture bonds. which were secured by the mort
cages which the company held on western prop
erty
Mr. Eshbaugh was last seen at the office of
the company. 40. 81 Nassau-st., early Monday
morning He came in about $50 a. m, but re-
NAMED only few minutes. MT. BARNARD the
receiver. called at 10 a. m. expecting 10 nave
conference with Mr.. Eshbaugh. From that time
nothing rad been heard from the missing man
70 the time his body was found in the river:
Mr. Gilbert the secretary Of the company told
Tribune reporter that Mr.. Eshbaugh had been
IN poor health Of late. and ne believed that ne
had been overcome and fallen somewhere he
remarked that the last time he had been with
him on the street Mr.. Eshbaugh mad wandered
from one side of The sidewalk TO the other. un-
able 10 keep a straight course. The affairs OF
the connpaDy had also preyed upon his mind,
and he had for the week preceding the an
nouncement OF the failure acted in preoccu-
pied manner.
Mr. Barnard and others connected with the
affairs Of the company since II falleo nave re-
pea;edly stated that the books ana MES OF tne
Office showed no WrOngdOng on the part OF Mr..
Eshbaugh and his absence had been profound
mystery