The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1906-10-03
WAY UNDER IT.
CAS6IER FAIREY UNABLE TO
LOCATE EVIDENT ERROR

CAS6IER FAIREY UNABLE TO
LOCATE EVIDENT ERROR
In Els Books Quietly LesVes the
City for Parts Unknown But
Writes Pack.
When it became known on Thurs
day morning that Mr.. John W. Fairey,
cashier Of the Eiisto Savings Bank,
had left Orsngeburg never to return,
it caused q wild sensation, but no ex
ciuenent. It transpirad during the
day that Presidents B. e. Moss, Presi.
dent OF the Bank, had received a let.
ter from MI. Fairey, In which hs said
be would not return to Orargebulg,
that his books showed q shortage for
which he could not account, and rath.
ef than endure the oEdsal OF suspense
while expert examiners were checking
up the shortage, he was leaving Amer
ica for good. This letter vas written
from New York, and Nj. Fairey SAID
that within one hour after writing De
would sail from that city, giving nc
clue to Is destination.
Mr. Fai,ey is a son Of the late John
W. Fsirey, is about Is years OF age,
sn6 seven or eight years ago, while
attending Wcfo1d college, vas cffs,-
ed and accepted the clerkship, in the
Edisto Savings bank hers, giving up
the completion Of bis college course TO
accept the position. Within two years
oe was prom oted to assistant cashier,
and about six months ago the cashier,
Mr.. Frederick S. Di5ble was elected
vice president, and Mr.. Fairey pro
mo,ed to cashier, showing the great
corh .ence placed In the young man.
During tie past three or four years
he has kept the current ledger and 1t
seems that In trying to strike q trial
balance a few days ago be appeared to
bave discovered a discrep pancy OF about
slO0 which be reported to President
B q. Moss Mr.. MOSS told him II sat.
is6ed with the discrepancy existed to
ahsrge it eff the books and gave no
serious thought to the matter. 1t ap'
pears now that Mr.. Faissy, having
Kept the current ledger, was not sat
isdeo to charge it of tne books, feel.
ing theirs was some raist ke, and be
oroceece ed to hunt it up.
The bank gives its employee Is days
vacation with pay during the year.
Mr.. Fairey, instesd OF takiFg his va,
cation at one tine, has been absent
:or awc OF three days at time ana
still had two or three days due him
On Sunday afternoon, September %,
be racg up Vice President Ditble,
vito Is book kseper at the bank, Mrs.
Dibble answered the phone, and be
sold her to tell M. Dioole that he
:, u:d not be st the bank Monday,
aod MIR. Dibble concluded he was
taking the balance OF his holiday.
Tuesday there wes some little COM
nent among the employees o. the bank
xhsn ne did not return, and Wednes-
dsy when he was still ABSENT and no
one heard from MIN it was feared thai
1e had met with foul play.
Il was known that ne went to Co
iunbia Sunday night snd Monday
1ight one OF tao Of bis personal
friends, not connected With ths bank.
4ent up to ColuIbis to look for their
friend, believing unst only his tnsbili
5y to write would have kept him from
.dvising the bank Of bis whereabouts
Meanwhile, although the bank cffi
cials had no idea Of any criminal &C.
zion on the part OF MIR. Fairsy, the
BOOKS were hastily gone over and
everything appeared slI right.
Col. T. F. Brsntley, MIR. Fairey S
brother. in. law also received a letter
from him on Thursd; =, in which be
said that his further work on the cur
rent ledger showed q discrepancy OF
sbcut $4,000, but that hs had not
taken one cent from the bank; that he
LAD the opportunity TO take all the
funds If he 50 desired, but be c, ulc
nos stand tie suspense and was lesv
ing for parts unknown. In his letter
20 Ctl. Bran6ley he stated that he had
taken only $500 with him, this being
she pr; Fl is on real estate transaction
re entity made to which Col. Brantley
vas party, that be had not touched
his bsnk deposit and this together
zith. his other available assets
amounting to 81, 700, be turned over
to Col. Brantiey, to be used IN the
employment of experts to investigate
the so. thought shortage.
Others, however, and among them
some OF his friends, seem to think
chat personal matters, in nc way con-
nec5sd with the bank, were the direct
Gauss Of MI. Fairey leaving and that
he has only trisd to divert sttentlon
rom his true reason for leaving,
though this is not plausible. Mr..
Fairey had entree to the best homes
in tbs city, Was generally 3 faVorite,
was member OF Shibbo!eth lodge a..
F. NJ, vas 8 Shriner and a member
OF Orangeburg lodge ct Elks, being an
ffcer, besides MEMBER CT other
social organizations, and had he but
confded in some friend, the matter
could easily have been adjusted, even
il shortage had existed.
The officers and directors Of tbs
bank are satisfied that no shortage
exists and SO expressed themselves In
a nose mSde public Thursday morn
ing, snd are as mucn ouabfounded at
MI. Fairey'S action as the pubic gen.
orally. He did not ask the ass;staacs
OF the other bank officials in bis hunt
for the discrepancy and the generally
accepte, Theory Is that owing to the
anxiety he became temporarily unbal-
ancsd and that probably afaeEa rest
he will realize bis mistake and return
homs. The capital stock Of the bank
is sl00, 900, the surplus s33 900 and a
Ioec ot ain non co111d easily hays hean