Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1900-10-24
WOMAN AND
RACE TRACKS
These Caused the Downfall of Cor
nelius Lansing Alvord, Jr., a De-
fsulter for 100000.
A FUGITIVE FROM JUSTICE
His Defalcations We're Discovered by Ac-
cident-The Bank Officials Trusted Him
Implicitly HI Was Promi-
nently Connected.

New York, October 24.-The where
abouts of Cornelius Lansing Alvord, Jr.,
who looted the First National Bank of
500, 900, is unknown, and his handsome
home at Mount Vernon is being closely
watched by detectives. w. G.. Snoy. as
sistant cashier of the bank, said: 1.-THE
money stolen came from profits accru-
ing to the bank, not out of the capital.
The stealing has been going on five or
six years. We had not the least suspi-
cion of Alvord until last Thursday,
when, while the bank examiner was in
called attention to a circumstance that
made us suspicious. The circumstance
had entirely escaped the notice. of the
bank examiner, who said that the books
were all right. y
"Alvord went home as usual. Then a
few of us started an investigation of the
books. We found that by making false
entries Alvord had been stealing. No
body knew of our investigation, and AL
word could not have had the least sus-
picion.
HE did not return to work next
morning, and has not been seen since.
The only explanation of his flight is his
guilty conscience, for l do not believe
he could nave guessed that we suspect
ed him that afternoon.
Ever since Thursday we have had
detectives on his track. He is in New
York City, I believe
The banks officers positively deny
that any one in the bank or any of its
depositors was in collision with Alvord.
He had the implicit confidence of the
officers. Alvord, according to a dispatch
to the Times from Syracuse, was the
son of Cornelius l.. Alvord, brother OF
the late Thomas F. Alvord, formerly
lieutenant governor of the state. AL
word was a regular frequenter Of the
race tracks, accompanied by a woman
with blonde hair, and he lost much
money betting.
A HIGH LIVER.
New York, October 24.-Up to II
o'clock to-day Cornelius l.. Alvord, de.
faulting teller of the First Nationa
Bank, had not been arrested. Mrs. AL
word came to this city this morning. II
Is said she does not intend to return tc
Mount Vernon. 1t was learned to-day
that when the Alvords went to Sarato-
ga last summer they took all their
horses and carriages. 1t took two cars
- 49, a,ta% TIo ln1nooc xxyorx
blooded animals, and the vehicles all OF
the handsomest description. Vice Pres
ident Hine, of the First National Bank
in answer to questions, said that the
bank had cleared up the whole matter
of the d%efalcation to it's w satisfac-
ton. This was interpreted to mean
just how and when Alvord had taken
moneys had been discovered by the Off
Gals.
A SMART SCHEME.
Washington, October PAT. P. Kane
acting comptroller of the currency, to-
day gave out the following statement
regarding the defalcation of the First
National Bank of New York: During
| liz IIO6ICSS VI Liz CAdllllIliIlOIl NY
Bank Examiner Hanna, or October Is
of the First National Bank, Assistant
Cashier Backus discovered a note, and
that Exchange Teller Alvord was short
in cash to an amount which since has
been found to be $500, 900. His thefts
have been going on for a long time. The
plan of concealing them and making the
cash on hand agree with the amount
for which he was accountable as shown
by the books, was to take out of the
morning mail, of which he was In
charge, a sufficient number of cash
items to cover the aggregate amount
of his defalcation and add them to the
exchanges for the clearing house re-
ceived during the preceding day."