The Washington weekly post., 1900-11-20

bridge over the trouble. This was re-
turned to-day, ard Receiver Tucker had
other moneys and papers also transferred
10 Cincinnati.
How the Money Was stelen.
Browns system required a wonderful
memory. The experts say he carried IN
his head the figures that enabled him TO
call of correctly a lot OF false entries IN
a way 10 throw the clerks who were DO
Ing the checking with him on the track.
4 deposItor would pat In S3,1oo. Brown
would enter the proper amount OF the de-
posit in one book and enter IL as 500 in
another. He would take the difference,
s. 90. himself Then when Il came TO
checking I'd he would handle one OF the
books. Another clerk would check and
Brown would call of. Instead OF cahing
of $40. which appeared as the amour.
of the deposit on the book which he was
handling, he would call IL as S3,100. thus
making II correspond with the book in
the hands OF the other clerk. He also, It
is alleged. worked in another way. A
depositor would draw out 500. Brown
would make the proper entry In one book
and enter 8.lO0 In another When the de-
pOsitor had his account checked up the
figures were taken from the book in which
the correct entry had been made When
the hank officials looked 10 see what
amount was due the depOsitor they were
given their information from the books
which showed that g 100 had been with
drawn. Brown had memoTiZed all the
individual accounts, and the experts find
no private marks Of any kind on the
books The general ledger was kept cor
rect and balanced with the cash. while
the individual ledger, il is alleged. was
fixed to suit Browns purposes, the form
er being the one that the bank officials
examined. IL is generally believed that
Browns first shortage started accidentally
with an error of 1900 in the individual
accounts.
Notice on the Bank Door.
This bank is closed by order Of the Comptroller
Of the Currerey. c P TUCKER.
National Bank Examiner.
This was the notice placed on the
doors Of the bank building before the hour
for opening to-day. There We're none Of
the usual scenes accompanying a run on
the bank by depositors. The alleged de-
falcation OF Assistant Cashier Frank NJ.
Brown was so overwhelming that no de
pOsitor was foolish enough 10 suppose
that any good could be accomplished by
attempting TO get money from the bank
to-day.
National Bank Examiner Tucker, who IS
In charge, stated that the alleged defalca-
ton was not discovered by him until 10
O'Clock Sunday night; that both he and
the banks own experts had been unable
TO find anything wrong until that time.
The discovery was made in a comparison
OF Browns individual ledger with the
cashiers daily checking up. Here ii was
found that Brown had been forcing bal
ances from day 10 day until the total Of
Sl9l 600 had been Withdrawn from the
funds Of the bank.
Bank stock Worthless.
Examiner Tucker says the bank stock is
of no value, as a double liability assess
ment must be made. DepOsitOrs may re-
ceive a dividend as soon as the Comp
troller Of the Currency will authorize il,
but this may be weeks and even months.
Examiner Tucker says he will employ
fun force of clerks to arrange the business
of the bank and make every effort 10 col
lect all The debts due. and in every way
discover the banks exact condition. Until
that time he will not make a positive
statement as to the extent of the liability
beyond that IL now appeared to be $751; 600
The bank was the depository of nine
building associations. and of the adjoining
corporations OF Bellevue, Dayton, and
other towns, as well as of about l 800 indi-
Viduals and firms.