Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1901-10-25
BANKS vIcTIMIZEp.
Employees OF Two Financial Concerns
Succeed I'm Getting Away with Abous
S117.OOO Of OLher People,s Money.

11"PtOyeh VI WO
Succeed In Getting Away with Abous
S117,00O OF Other Peoples Money.
Boyertown, Pc, Oct 19.-The doors
of the National Bank of Boyertown
were closed yesterday. A notice
posted on the door stated that it was
done because of the disappearance of
Cashier Milton A. Mory, who has not
been seen for a week. The resources
of the bank amount to nearly $780,
600. The bank officials who went to
Philadelphia yesterday found that
Mory had taken $165,00O worth of the
banks securities and these securities
were found deposited with f. VI. &c NJ.
s. Fridenberg, brokers, of that city
What amount Mory had raised on the
securities is not announced but the
presumption is that the Boyertown
bank officials made good the sum Sc
cured, as they state that the securi-
ties are again the property of the
bank. 1t is further stated that the
banking institution will lose not over
$4,000, but the hint is made that some
Others are caught for considerable
sums. Mory was under 100000 bonds.
The bank officials say the bank will
open IN q few days and that deposit
ors will not lose a dollar; that the
loss to the institution is small, and
that there is no reason for alarm
The bank officials were in ,Philadel-
phia until n late hour last night.
They found no traces of Mory.
Lowell, Mass, Oct. 19.-Albert G..
Smith, teller, and Lewis X. Swift,
booklseeper of the Merchants nation
al bank, have been missing since
Thursday night and their absence
has led to an examination of their
accounts. The directors of the bank
held meeting that lasted till early
this morning and as result made n
statement to the effect that the
banks interests are not affected.
Lowell, Mass, Oct. 22.-The finan-
cial troubles which caused great sus-
pense to the officers of the Merchants
national bank on account of the dis
appearance of its teller, Albert c.
Smith, and its bookkeeper, Lewis H
Swift, practically were smoothed out
yesterday. The bank has lost about
( $115,000. The directors officially state
this and at the same time say that
Swift and Smith have returned 'valu-
able securities.
These ''valuabln securities" as de-
scribed by one director, were re-
turned in carpet tags and represented
bonds, notes and other negotiable pa
pers and big lunches of money, all
supposed to have been taken from the
bank on Thursday night.
Interest for the moment centers in
the pursuit of Swift and Smith and
/ last night it was understood that Uni
ted States officers had found, near
this city, the mems hiding place. An
immediate arrest was expected with
out regard to the probable inaction
of the bank directors.
1t is generally believed the men
were in Boston until Monday morn
! ing and that they are now some dis
! tance away.
The loot from the bank vault was
returned in carpet bags delivered at
the bank early Monday morning after
the bank directors had been in con-
| ference at hotel with Lawyers John
C. Burke, of this city, and Charles w.
Bartlett, of Boston, representing the
| men.
The securities and moneys returned
to the directors by Hon. John C..
Burke, counsel for Swift, represented
total, it is understood, of about
$s0O,00
Mr.. Burke last night said that no
agreement was entered upon to
shield his clients, for he added, THAI
would be illegal" When told that it
was understood that United States
officers were searching for the men
Mr.. Burke said it would be useless
1t is known that Mrs. Smith and
Mrs. Swift have been in communica-
tion with their husbands since the
securities were returned.