Virginian-pilot. (Norfolk, Va.) 1898-1911, 1900-11-20

Washington, Nov. 19.-Comptroiler of
the Currency Dawes has appointed
oliver +. Tucker, National Bank Elk
aminer, temporary receiver of the Ger
man National Bank. of Newport, Ky.
Nr. Tucker telegraphed the Control
Ter That he had taken charge. owing to
the discovery of q defalcation amount
ing to about $195, 600. and thereupon the
Comptroller appointed him temporary
receiver. The oilicials here consider
II astonishing that defalcation
amounting TO more than the reserve or
the bank could have remained undis-
covered any length of time, but they
attempt to offer no explanation as MIR.
tucker has not furnished any details.
Inc last examination was made in MAY
last. The statement of the condition
OF the bank September shows n capt.
tal stock of 100000: surplus and undi-
Vided profits, $o0,6S0; deposits, $534. 500;
loans and discounts. S51345i cash on
hand in the other banks. $lS0,225.
MISSING MANS BOND.
Cincinnati, Ohio. Nov. 1.-THE ex-
perts who have been working to-day
with Receiver Tucker on the books of
the German National Bank at Newport.
Ky. place the shortage OF Frank NJ,
Brown. the missing assistant cashier
ana individual bookkeeper, at S19l,50O
According TO reports from those who
were with Brown when he left last
tuesday night he had less than $500
with him. Browns salary was only
N,0oo per year Cases are now cited
where he spent more than that
amount in one day. His bond was for
$4,000. and ii is good as far as it goes.
WILL PROSECUTE.
United States District Attorney Hill
VIII arrive from Paducah. Ky, to-mor-
row. when, 1t is said. criminal proceed
ings Will be begun. The Federal de-
teetiVes have certain persons under
surveillance and there are reports to-
night about arrests that will follow on
the arrival of District Attorney Hill.
During the run on the German Ma
tional Bank ut Newport. Ky, last Sat
urday. S2O0. was secured in Cincin-
natl to bridge over the trouble. This
was returned to-day and Receiver
Tucker had other moneys and papers
also transferred to Cincinnati
BROWN'S SYSTEM OF ROBBERY.
Browns system required n wonderful
memory. The experts say he carried I'm
his head the figures that enabled him
TO call OF correctly lot OF false en-
tries In way TO throw the clerks who
were doing the checking with him off
the track. X depositor would put in
$3,1OO. Brown would enter the proper
amount of the deposit I'm one book and
enter 1t rs 500 In another. He would
take the difference, $4,000. himself. Then
when Ii came to checking up he would
handle one or the books.
Another clerk would check and
Brown would call Off. Instead OF cali
ing off Sl00 which appeared as the
amount OF deposit on the book which
he was handling, he would call 1t as
$1,000, thus making It correspond with
the book in the hands of the other
clerk. He also, IL is alleged, worked in
another way. y deposltor would draw
out SicO. Brown would make the pro
per entry in one book and enter S3.1OO
In another When the dep0siTdr hal
his account checked up the figures
were taken from the hook in which
the correct entry had been made.
When the bank officials looked to see
what amount was due the depositor
they were given their information from
the books which showed 50, 100 had been
withdrawn Brown had memoriZed all
the individual accounts. and the ex-
perts find no private marks OF any kind
on the books. The general ledger was
kept correct and balanced with the
cash. while the individual ledger, 1t is
alleged. was fixed to suit Browns pur-
poses. the former being the one that
the bank officials examined. 1t is gem
orally believed that Browns first
shortage started accidentally with an
error of $1,000 in the Individual ac-