The evening world., 1903-05-23
Cashier Of Southport Bank That
Has Been Looted Of $780,
600 Goes About Park in an
Aato.
IDENTIFIED BY CHAUFFEUR.
Banker Is Said to Have Been with
Miss Irene stivers, Whose MILL
merry Ventures He Backed After
His Automobile Business Failed.

Oliver T. Sherwood. the former
cashier of the Southport Comm
National Bank, who Is said to have
looted the institution OF almost S4Oo. 900,
10 In New York. according to Edmund
Shotwell. q chauffeur. Shotwell say
tia defauiter was driving through Gen.
trail Park in an automobile with a party
Of friends on Thursday evening.
The chauffeur Is positive of the
identity of Sherwood. as he had known
him will for several years. having seen
him at the auto storage house Of Barry
& Hayes, at No. 80 East Fifty-eighth
street. Shotwell was returning from
Mr.. Hay . home through Central
Park. He approached a big auto at
seventy-ninth street and the West
Drive and as the two machines passed
a man raised his hand and saluted
Shotwell. The latter says 1t was no
other than the missing banker.
ut was a Winton machine" sale
Shotwell. Mr.. Sherwood wore a straw
hat low over his eyes. but he certainly
did not seem anxious to escape atten-
ton, for he saluted me before l saw
him"
Sherwood was greatly interested in
automobiles and spent much time at
Barry & Hayes's after a storage house
he owned had proved a failure. Three
autos have been stored at Barry &
Hayes's in the name of Mr.. Burlin. but
It Is understood that Sherwood was
the cal owner. They have recent.
been sold.
Miss stfvers, He Says.
When Shotwell saw h man lie thinks
was Sherwood there vas a woman in the
party. He saw only the side Of her
face. but he is OF the opinion that 1t
was Miss Irene Stivers. in whose COM
pany Sherwood spent much of his time
on his many and protracted visits from
Southport to New York. 1t Is said that
he has backed her in a number or I'M
successful business projects.
Sherwood zeal Interested in autos
several years ago and established the
New York Automobile Repository at
No. 143 Fifty-irst street. Above this
shop he fitted up a laboratory, where he
experimental with various perfumes
and powders. in the manufacture or
which he was interested.
Where Bank Money Went.
This venture did not prove q success.
The storage rooms were closed. as was
the laboratory. Much of the money
taken from the bank is believed to have
been sunk here, and more went into the
Golfers of Wall street brokers.
Miss Stivers was seen frequently at
the storage rooms. She went to ride
with Sherwood and had a small run
about OF her own. She Is a dashing
brunette, with wavy hair and a strik-
Ing figure.
Miss Stivers Is a milliner, and Sher-
wood backed her In a number of milli-
merry enterprises: 1t Is said that these
ventures were all unsuccessful.
A complete examination OF the books
Of the Southport National Bank reveals
sven greater shortages han the first
estimate. The total amount will reach
HO0. 900, it is said. which is more than
the entire family fortune of the Sher-
Among those who suffer by his short
age are Sherwood's father, President
Elisha C. Sherwood; his three brothers.
Frank, Edward and Moses; his three
~sisters, Mrs. JOIN Peckham, Mrs. Fred
Hyde and Miss Lillian Sherwood; his
wife and his fifteen-year-old son Henry.
Upon the birth of the boy, Francis
posted s.. 900 in. the name OF the child.
This with the interest. Is gone as Is
S1O. 600 belonging to the Fourth Methodist
Episcopal Church of Southport, OF which
Sherwood was a member. The town.
Of which Sherwood's brother. Frank, Is
Treasurer, had on deposit in the bank
800. 900.
,~ft nth nothing.