New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-16
TALK OF ARRESTS.
JUDSON STILL At WORK.
Hngry Crowd About Grand-st,
Branch Of Federal Bank.

-rae doors OF the Federal Bank, AZ No. OF BROAD
wa were kept closed and guarded by ifaiceIaah
,este-sa,. While Albert @ Judson, the state bank
examiner n charge q the concern. was WORKING
- .to t,.t,r A crowd OF sercsitors remained in
front o. tas Doors nearly al cay. but there WAS 10
noisy demonstration
AROUND tho banks branch, a Grand aaa O'Sii.'u
et~ there WAS an angry crowd u East S'ae 'iA1es
men who were shaking hsts CT TIC locked dooTs
fh.-e and tanirg about vengeance y hey ios' ''9
,-ce.ev they had deposited in Ire bank SEVERN
policemen were suard tnlre 81 day
There vas 3 report yesterday that more than o''s
arrest nairl.t be expected before night Assls'o'I
District Attorney n-e-c. Who had charge or mo
seetirisn for NJ Jerome said late IN tho attor-
noon that there would be arrests IN ecnnecl.oh
with tho no5b failure before to-day, ana PosS',H
&c, then ~ the investigation 50 fa- lad not ols
CLOSED facts which would warrant arrests. DaFlu
,s+,,.,,,Oa s-,er president Of the bank was said
not r. be,,e tacn seen at HIS apartments in the
Ansonis since Wednesday. but w-ae believed 10 90
81 the city His wife and daughter. II was SAD
left the apartments yestorcay but look 10 oaSRaEe
With them.
NJ hudson Snd yesterday that he would not be
able 10 make any statement about the condition Of
the Federal Bank before Monday. Al he couiG
raw was that there had been heavy loans to the
Globe Security Company, at 10. 1bo Nass2u-st- a
tho tine 81 Eo:hscltd's presidency @: tho oanN'
when Rothschsld was also running the Slone Sc
c,i.ity Company. Mr.. Jueson declared that mo
management 81 the hank. since y " WOODS SIC
ccedoa Ro-hschId as pres den, OF jhe ba7h' MAJ
been good.
Does vou- investigation show any connection oe
tween Tie Fede-al Bank and tho Globe Security
Co-npanve" a Tribune reporter asked Mr. J"osoh-
The company was 4 heavy borrower Yes.
Goes" was NII. JgCsoL's rcyl..
Several large buales ~ papers snd some bags o.
lrUIon rere taken ~ Mr. 5udson ana rs assist
arts 20 :be Aierc.arts ard Traders Bank. a.
T-oadrcy and Princess. !n the afternoon Among
the notices posted on re Go"s CT tie Federal Bank
vas one that cs,cc,-S c-aw on tba Globe Security
CornrTlv. which was connected Uilh SIC bank.
wouic be pa,d sJ the Offices at No. 10 Nassau-st
The notice was siEacd Sy William Muirhoad rs
treasurer IN explanation az the notice. Marnead
ngld a. tho office IN Nassau -.
Vylaoa ire Fode7a! Bank faasa. he Globe Sc,
our customers ali over the country. by scraSiIS
around last night rlarsged 10 get enough money
Guardian Trust Company. The notice was put up
at TIE Eeloral Bank so IS 10 INFORM the heat ,
from going 20 protest. We DESTROYS OF paying
our a1tebSedness and we have redeemed some OF
The Globe Security Company WI Only settle its
paper in the Federal Bank, and most OF thus IS
good. Besides there is the cash deposit OF SSUo
SO thar the bank viii not lose through THIS con
Germ. am only On employe Of TIE Globe Sc
curfty Company. but because am loyal ana be
all fallen me. yet / had nothing to DO with the
finances.
Muirhead said he aid no: -ee how the Globe Sc
cursty Company would be able 20 continue business
For FIVE weeks he added. I have tried 10 pun
the concern through, since Rothschid got out ana
today the Mayor OF East Orange was 10 have
taken charge Of the presidency % the company.
been for the failure Of the hank, We might have
reached firm ground
VALET WITH PAST
record Ct good service be secured by advertising
among the Little Ads Of the People"