The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-11-19
CLEANED OUT A BANK
uRowN STOLE CAPITAL STOCK. RE-
SERVE AND ALL.
IS A DEFAULTER FOR s2O1 900.
.lRMAN NATIONAL. NEWPORT. Ky.
H. THE SUFFERER.

covered Up Heavy shortage which
rxtendcd over Ten Yenrs-Went
,he FulI Limit for small Hank.
woman Gave Him Away-Not Net
Arrested.
cincinnati. Nov is-Uusted states
rlnk Examiner Tucker. to-day took pos
....on OF the German National Bank
"a, Newport. Ky. and posted notice that
,rs hank would remain closed pending
o. elimination.
l.x4miner Tucker elso announced un-
Of il.y that Frank NJ. Brown. the in
d..H4ll bookkeeper and assistant cash
s.. was missing and that y partial in
,e. eluds showed that Brown was
sh.t about sol 900
Brown had been with the bank eighteen
y..r. was one OF the most trusted
man ever connected with this old bank.
nri u &, stated by the experts that his
opsratons extended bacR as far as zen
years.
The capital stock Of the hank IS only
vopo Browns alleged shortage Is
double that amount and more than the
reserve and all the assets. including their
real estate
while Alvord got away with $4,000 in
New York. he did i in a large bank bN
Brown did not have 50 much to 40 on,
ana seems 10 have gone the fun limit for
q small bank in city OF less than So0co
inhabitants.
only One Bank Left.
The First National Bank OF Newpor,
was wrecked two years ago by Cashier
Youtsey. and now with the German Ma
tonal closed Newport has only one bank
left
For swo weeks there have been rumors
ti~t Brown was short and some deposit
ors Withdrew their accounts. Three weeks
ago yhe bank examiners made good
statement for the bank. and the officers
and directors nllayed suspicion by refer
ring 20 the report OF this examination. and
40 their last statement. in which all 81
Browns defaleations were covered up by
him.
Late "wednesday Brown left. and IL was
announced that he had gone hunting. for
% vacation. lie dld set a ticket for
olin. H.. bat Il IL learned he DID not
90 there, and It Is generally believed that
ha II out OF this country. with plenty Of
money In his possession.
The widest sSnes We're witnessed IN
Newiot to-day. aud serious trouble Is
tcarcd tomorrow.
brown Lived Fast Life.
brown was living fast life. with wine.
women and gambling In his repertoire.
l.is career was not cut short by any DIS
tovcry at the bank until 2 jealous wo-
man gave him away. Brown IS a widow
or, with one son. aged 10 years.
Who lives with Browns father.
Ior!s c. Brown. ex-Mayor OF Newport.
and one Of the leading business men OF
Cincinnati Last summer Brown visited
1eilowstone Park. and a woman from
cincinnati wanted 10 accompany him.
his was denied her. When she ascor-
tlIned some time - ward that another
woman was with ~ wn on his Western
ulp the Cincinnati woman gave the bank
oloials some Information that brought
bout a crisis
The officers or the German National
Bank are:
President. Henry weidener: vice presi-
H,mmc
A Of the officers are wealthy and re-
fransible men and they will be able TO
tllke the losses good. but the fate OF the
hank IS in doubt owing TO the intense
f.cing among the depositors.
Among the directors is Paris c Brown,
Nifer Of the missing bookkeeper, who T.
hnoWn from PittsburE to New orleans al
ivory river wharf as the head Of the
stores for boat supplies.
Took Possession sunday.
Bank Examiner Tucker took possession
'r Sunday because OF the panic In New
0r that followed ut once the publicl-
uor OF Browns absence and alleged de-
nia1tions The hank examiner posted a
rotcc that the bank would not be opened
io-morrow. pending investigation, but e.
generally believed that this proceeding
90 Sunday win not prevent a stampede to-
morrow. as the excitement in Newport up
' late hour tonight was intense.
IAore are about i.5oo depositors. among
m being the nine building associations
have tho savings OF many poor pco-
These classes talked more to-day
100 The statements given out has, Thurs
'a AMI since then about Browns
uarltions
'rown wrote to a woman In CINCINNATI
f.If he was hound for sSDttth America but
'. Enquirer will say tomorrow that it
''' good authority for alleging that
'o"n sailed from New York yesterday