The Providence news. (Providence [R.I.]) 1891-1906, 1901-08-20
HUNTING FOR
A TREASURER.
Hayden, Of Swift & Company,
! Has Disappeared,
WAS SECRETARY.TRsASURER.
Shsriigs Of $4,000 10 His Accounts
Already Discovered Examination Has
Not Been Completed. HsxsTs.

New YORK. Aug 20.-Centrai offoe de-
,actives have been looking Tor several
days for John r. Hayden, secretary and
treasurer and director OF the NeW ioIh ,A
cornoration Of Swift A. Co, wholesale
butchers. with their main Office at No -
Tenth avenue. but they have been unable
20 ind him.
pavden has been missing since last
Wednesday. when shortage Of several
thousand dollars was found In MS ac-
counts.
warrant was obtained THURSDAY TOT
1Isvden'e arrest by the Employers IL
ahilitv company in which Hayden IS
handed for 5000 director OF swift
q co was seen at hts home yesterday
afternoon. He said:
I've have not attempted 10 locate NAY
den because our firm is protected by ms
bond for S25. 600. and up 10 the present
time the shortage In his books has not
reached that amount AT present ~e
have discovered about $4,000 unsccounted
fof. but the examination has not been
completed We anticipate finding much
greater shortage. but II we should Swift
q Co will undoubtedly suffer the loss.
our auditor. Mfr j W. Chaplin. will com
plete his examination OF the books early
this week.
.Mr. HAYDEN had the entire confidence
age came as n complete surprise 10 US
He was regarded as a quiet sort OF fel-
low. and II Is almost impossible TO imagine
what he has done with the money. he
has been IN our employ for about five
wears. but we are quite sure he has taken
the money within the last month
"Mr. Hayden's position obliged him 10
handle millions OF dollars yearly, but he
was never for moment suspected OF
dishonesty. Besides being secretary and
treasurer and director OF the company
Mr. Havden was a small shareholder.
having. | think, about FIVE hundred dollars
invested.
"His books were audited some time
ago. but even had the auditor not ex-
anined them last week the shortage
could not have long been concealed. or
course we have other employees who
handle large sums OF money. but they are
all bonded I would like 10 have u un-
derstood that the New York firm OF
swift g. Co is separate from the Illinois
corpora tion In Chicago but the two con-
Germs work i'm close harmony with each
other"
John Chaplin. of Swift a Co. Chicago
seen at the Herald Square Hotel last
night said: The thefts have been going
on for the last two or three weeks or to
be more accurate all has taken place
since the first of August. We have no
clew as TO the whereabouts of Hayden.
How he came 10 take the money ! do not
know. though have heard since coming
here last week that he was i'm the habit
of betting on the races can't say, how
ever that that is true.
Hayden had authority as treasurer 10
sign all checks that were drawn In the
name OF the firm. He drew checks on
the various banks here In which the cor
poration had deposits and then took these
checks and deposited them In his own
bank 10 his own account When he
wanted money he drew against the checks
which ne had deposited 10 his own ac-
count. He was receiving large salary.
Prior 20 my coming here there had
been no rumors concerning Hayden and
there was no suspicion OF anything
wrong. 7 came here In the regular
course OF business The largest amount
which Hayden took at one time was sl0.-
900 A complaint was framed. charging
him with embezzling that amount. and on
the complaint the warrant was issued -
Hayden. II has been learned. was well
known about the Saratoga race tracks.
and was often seen with New York city
politicians there.
Hayden has not been at his home. No.
s5c Third avenue. since last Wednesday
morning His mother-in-law. Mrs. Wal
lace with whom he lived, was at home
yesterday afternoon She said she did
not know anything OF her son-in-law S
BUSINESS affairs. nor did her daughter,
Haydens wife. Mrs. Wallace said that
Hayden was gentleman and was highly
respected In the neighborhood. He had
no bad habits and did not live luxuriously.
She said the only way she could account
for Haydens losing the money was by
gambling I'm stocks" but she was not
sure that he had had any dealings In
Wall street She said ~ was untrue
that Mrs. Hayden had said she didn't
care where Hayden was" ON the con
trary. she was very much worried and
feared some harm had befallen him
Hayden has two young children, n SIR
and a boy