The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1900-10-27
TIE DEFAULT|NG TELLER.
Nothing Yet Heard of New York's
Latest Napoleon of Dis
honest Financing,
GOTHAM BANKERS MUST Be STONE BLIND
Cornelius L.. Alvord Kept Bloodsd
Horses and Costly Carriages,
which He Aired at Saratoga, and
was known Among the New York
BoOkmakers as 1.-THE Prince"

New York, Oct. 24.-Up to Wednes-
day noon Cornelius L. Alvord, the de-
faulting teller of the First national
bank, alleged to have robbed the in
stitution of 100000, had not been ar
rested, and it was said no news had
been received of him. Mrs. Alvord
left her home in Mount Vernon, and
came to this city. 1t is said she does
not intend to 1etur to Mount YER
non.
A spIurge mt Saratoga.
1t has been learned that when the
Alvords went to Saratoga, last sum
mer, they took with them all their
horses and carriages. 1t took W
cars to transport the outfit. The
horses were biooded animals, and the
vehicles were all of the handsomest
description. One set of harness alone
is said to have cost 81 500, and every
thing about the stable equipment
was on the same scale.
Cleared Up the Whole Matter.
Nice-President Hine, of the First
National bank, in answer to a number
of questions put to him in regard
to Alvord and the general situation,
said that the bank had cleared up
the whole matter of the defalcation
to its own satisfaction. This was in
terpreted to mean that just how and
when Alvord had taken the moneys
had been discovered by the officials.
Mr.. Hine said he did not care to talk
about the matter.
President Baker, who arrived at the
bank from Tuxedo, would not say
anything to lnquirers, except to refer
them to the vice-president.
Regular F~reauenter of Race Tracks.
a well-known bookmaker said, af-
Ter hearing of the missing mans acts:
"Alvord was a regular %frequenter of
the tracks. He was accompanied by
u woman with blonde hair, who wore
a thin, flmy veil, which, while not
thick, served to hide her features so
that if l saw her on Broadway /
would not recognize her.
known as ''The Prince"
"He generally bet on the English
system. That is to say, he knew all
the bookmakers by sight. and at q
race he would go 70 the bookie and
say, bet me two hundred on this
horse He would go the rounds of the
bookies. putting a bet with each one.
Every Monday all the bookmakers
would go to the United States hotel,
and there he would settle up in spot
cash; never any checks, and every
Monday, regularly. Because of thi.
popularity the bookmakers used to
call him The Prince"
Posed as "A British N%obIeman.
Al Davis, another turfman, made
the statement that in Saratoga Al
word wa known as Hon. Mr.. Alvord,
the younger son of an English earl.
Davis, too, says that Alvord was in
variably accompanied at the tracks
by a oma
The banks officers positively DENY
that anyone in the bank or any of
Its depositors was in collision with
Alvord. He had the implicit confidence
of the officers.
AlvOrd's Antecedents.
Alvord, according to a dispatch to
h Times from Syracuse, was born
III that cry, n belongs to a family
Of bankers. His father was Cornelius
/. Alvord. ST., brother of the late
Thomas +. Alvord, formerly l~ieuten.
-ant-governor of the state. Cornelius
Alvord, Sr., was one of the best
known men in central New York.
When, 30 years ago, the family
moved from Syracuse to a town be-
tween Albany and Hudson. He was
treasurer of the Bank of Salina. Al
he became treasurer of the
Salt Springs national bank, succeed
ing l.. b. Judson, Sr., whose niece he
married.
[. L. Alvord, Jr., is a cousin of Mrs.
James L. Cheney, of Syracuse. His
relatives in Syracuse refused to talk
about thin or his family.