Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1900-10-25

WHERE IS ALVORO? (WHICH WILL 1T BE?POWERS IN EARNEST.
And Where the 00O00Fae Coal eh Possible
He "Borowed'? Decided, Today Advances for Peace
Had No
Bad red by
And Where is the 100000
He "Borrowed''?
Worked Every Day, Had No Fast
Friends or Bad Habits.
Made His Escape With Booty and the Bank Is
Still Guessing.

New York. Oct. 24.-Up to II o'clock
today. Cornelius l.. Alvord. the de-
faulting note teller of the First Ma
tional Bank. had not been arrested and
il was said no news had been received
Of him. Mrs. Alvord left her home in
Mount Vernon and came to this city
this morning. II * said that she does
rot intend 10 return to Mount Vernon
her surroundings there being too un-
pleasant for her. Several detectives
guarded the Alvord residence all night
United states District Attorney Bur
nett said, today. that the case of the
defaulting note teller had not been pre-
scented Ia his office as yet. The officials
Of the bank said there was nothing
new in the situation. Alvord had not
been apprehended so far as they were
aware. Vice President Hine in answer
10 questions in regard TO Alvord and
the general Situat' on. said the bank had
cleared up the whole matter Of the de-
falcation To its own satisfaction. but
said he did not care 70 talk further
about the matter
President Baker would not say any
thing 20 inquiries, except to refer them
~ til' VIC IiItSlItit.
In spite Of many rumors. some Of
them very clrcumstantial. il may pos
lively be- stated that the officials oc
the bank have no definite IDEA just
what Alvnrd did with the large sum
of money he stole. Wall street Is fun
of stories telling how the defauter
was a heavy loser in the stock market
and although the bank officials refuse
I" discuss that phase Of the matter,
there is no doubt that their detectives
are looking into IT, II Alvrrd's broker
or brokers can be found they viii bc
made to dsgorge if that should be pos
sibe
In Wall street the opinion prevails
that Alyord was cleverer than the aver
age defaulter Ranking men We're dis
posed 10 believe. today. that Alvord
managed to make his escape with sry-
eral hundred thousand dollars. Know
ing the consequences, il was easy u
believe that Alvord did not disappear
empty handed.
Mrs. Alvord made the following
statement, today: Il am heartbr1ken
at my husbands actions He never
gave me any intimation Of the way ne
secured his money. | always under
stood that he received $4,000 a year from
the bank and that he made large sums
by speculation in Wall street The
stories that my husband was seen in
Saratoga with another woman are,
am convinced. absolutely false. have
not heard from my husband since sat
urday morning. when H. left home To
90 ID the depot"
The interesting feature Of 4 supple
men-ary statement made by Vice Presi-
dent IIine. is the positive assertion that
AIvo-d had not been absent from the
bank one business day his year. Mr.
IIiue repeated this statement orally after
an examination NJ the time books in
which every days leave OF absence by
any employee Of the bank is entered. This
contrddicts he numerous reports tina; A.
word wa a regular attendant and heavy
hettor ut the Saratoga races, this las,
season.
In spite Of Vice President Hines denial.
It is regarded as extremely proba bic 1ha;
Alvord took a large sum Of money short
IS before he left. Representatives OF the
bank were reported as having made a still
hunt among the brokerage houses. today.
presumably for proof ~ the rumors that
the note teller had dropped large sums in
stock speculatlons. Whether Or not they
met wiki any success could not be ascer-
tanned.
Vice President Hiue WIS seen in the
early evening Al that time he said:
we have not heard anything about AL
word and W. have no idea where he Is.
Mrs. Alvord returned from New York
10 her Mt. Vernon home. late this after
noon. The following is said 10 be a
fair list OF the Alvord possessions. all
or nearly all. being in the wife's name:
Real estate houses and lots in Mt
Vernon. $4,000: lots in New Rochelle.
81. 600. six carriages, six horses. $l3.-
000: household furniture. $500: paint
ings, briC-d-brac. 10000; diamonds
owned by Mrs. Alvord, $50 900; jewelry
owned by Alvord. 5000. total. $10330o.
New York. Oct. 24.-There is reason |
to believe. according to the New York |
World. that Cornelius L. Alvord. Jr., |
the note teller. who robbed the First |
National Bank Of 500. 900, is either in !
the custody of the Pinkerton men. OF |
he is where they can get him in very |
short time.
Every indication, last night. pointed |
to the fact that the wherea bouts Of Al !
word was no mystery to the bank peo- 1
pie and the Pinkerton men. II was I
thought for time that the PinkertonS ,
had their man cO0ped in his home in /
Mount Vernon ana had had him there
since Sunday.
No warrant has been issued for the |
arrest Of Aivord. No police depart /
rnent has been officially informed Of his /
thefts No detective Or police officer 4
could legally place him under arrest.
These facts made clear, yesterday 1
that the bank is bending every effort 1
10 effect q compromise by which res
titution Of a part of all Of the stolen
money viii be made
How far the negotiations have pro-
eressed i not known. Neither the at
torneys Of Alvord nor the officials If
the bank would discuss the matter
yesterday.
d. Il NJ