Wauwatosa news. [volume] (Wauwatosa, Wis.) 1900-1948, 1901-04-06
FORGET THEIR MONEY.
but Neglect to Draw or
Them for Years.

That banking is not altogether Il sordid
business and that it has its roDanccs is
pretty well known, but ii is often for
gotten unless some incident occurs to cali
attention TO it, Some of the romances
of the business grow out of the money
which Is deposited and apparently forgot
ten and then claimed after Il long term
of years, during which interval it may
nave grown to large proportions. And
these romanceS give the bankers more
trouble than little and they do not care
much for them. In fact some of them
do not care to have such matters as
THESE stirred up, as this proceeding is apt
10 bring to the bank Il train of persons
who think that possibly i'll bygone days
some relative may have left money in IL
Dank ana for which they may now file
a valid claim. When one of the oldest
banks Of Milwaukee-and in fact the
NorthWcst-was recognized some few
years ago, it found that it had record
OF some certificates of deposit issued in
lS43 which were still outstanding. An
officer of the bank says they were not
OF large amount, but were quite in
terestnG. People did not have large
bank accounts i'll Milwaukee in 1913
Forgotten Savings.
1t is the banks which have a savings
department which have the experience of
money being forgotten and left uncalled
Tor Tor many years or perhaps never. One
OF the stories of the banking world is that
the Eric County Savings bank of Buffalo
erected Its fine banking house out of I'M
called-for deposits. As this bank has saw
ihgs deposits amounting to S25,000,0 900,
winch means vast number of small ac-
counts Milwaukee bankers can believe
thar enough money has been uncalcd for
III the course of some years to pay the
expense of erecting Il fine business block
They are equally ready to believe stories
of New York banks which make a spe-
clalty of a savings business, the German
with S49,000O00 of deposits, the Bowery
with S67, 100000. the Bank for Savings
with S6O,000,000, or the Seamans with
S40,OOOOOU, the figures being taken from
the bankers directory. That in these
hundreds of thousands OF accounts some
peculiar things may happen is by no
means strange Some of these New York
stores are as follows:
Particularly interesting were the devel-
opments in one case which recently re-
Warded the investigation of the Green
W1ch Savings bank. The deposit in this
case was made in 1888. two Years after
the founding of that institution In that
year woman living on Eldridge street
placed small sum of money in its care.
She left her book at the bank with in
StructlonS not to pay the money to any
body but herself. Nothing more was
heard of the woman. In course of time,
| but not for some forty years. the deposit
was transferred from the active to the
dormant account. BY then il had grown
TO $11OO.
Belonged to Miscr.
Recently search was made for the
owner of the money. After much trou-
bic 1t was ascertained rnat she had died
Ill lSSO. But she had developed misery
traits. and those who had known her did
not suspect that she had a balance in the
bank. For Il considerable period prior ia
her death she had lived on charity. y
| woman was found who had supplied the
! Old woman with food and, on her death
bed. with delicaces.
But Il more surprising discovery was
made. 1t was learned that the old WON
an was the aunt of president Of Il street
railway. This man was dead but had
! left son, and between this sen. man
of wealth, aud another nephew, the $1I0G
was divided.
| \ more touching incident was one
which came To the notice of 4 former
| president NOW dead OF the Brooklyn
! Savings bank. \ woman. then a doueS
/ tic in Brooklyn, adc Il deposit in thai
! institution many ears age. The sun
was about 500 tortiy afterward shj
removed from Br vn to Il New Jersey
| city, not far For many years
! money which, in the usual lapse of tim,
! twenty yCars-was transferred 10 thu
/ dormant flnd.
/ After Twcaty Years.
One day, a generation after the dcpoSi,
WAS made. a fragile old woman came &c
| the bank She inquired vi the prcsiden
/ whether her money was S;iil there. Ii
response TO his inquiries she told hin
! that she was the domestic " no had made
| the deposit. but that. after She had gon,
| into New Jersey she had never, unit
/ then. paid New York visit.
! II thought" she said in an APOLOGIZE,
manner, You might have the money
| yet"
we have" was the answer. Tn,
| president called clerk and told him I,
! calculate interest on the money down 7,
| that time. The clerk soon returned -itt
/ a slip on which were mis- calculations.
How much do you think is coming II
/ yon?" asked the president.
! Wei" she replied, Il left 800 wifi
| you. Oughtn't | get it?'
There is $1,000 10 Your credit"
! The woman half arose from her chair
with mouth and eyes wide open ID
! amazemcnt. "Three-thou-Di you say
! S3000F" she asked
YES. its all yours. You can have !;