The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1906-10-20
TALE or THEFT TOLD.
Pittsburg E'hbezzIers Describe
Looting OF Many Thousands
Frem Trust Company.
GET TEN YEARS IN PRISM
Former Teller Says Fortune Taken
From Banking institution Mas Lost
In Bucket Shop Deal
ling In Millions Makes Employees
Money Mad, He Declares.

Money Mad, He Declares.
Pittsburg, Oct. 2o.-..Like every one
else in the financial world in Pitts
burg. your honor, we were simply mon
ey mad we handled millions every
day. We dealt in millions In every
thing. We were constantly talking
money and constantly hearing of op-
portunities whereby we, bank clerks
making $50 month, might become
millionaires too We saw many OPP
poFtunities vanish because we did not
have the money to take advantage Of
them, and then we began TO steal from
the bank"
That was the explanation made by
G. B. Wray in the criminal court when
he and C. S. Hixton We're called for
sentence after having pleaded guilty
to charges of stealing between $685.
900 and 100000 from the Union Trust
company, one of the biggest financial
institutions of Pfttshurg.
Get Ton Years Each.
After he had heard the story Judge
Young sentenced Wray ard Hlxton,
who had been teller and individual
bookkeeper of the bank respectively,
TO ten years each in the Western pen
itentiary.
Wray, actiag as spokesman, told the
story of how they obtained the money.
He was the teller, and he would make
out false deposit slip in the name of
a depositor whose account had lapsed
or who had probably died, although
there still remained few cents to his
credit He would then pass this de-
posit slip to Hixton, who Oh individual
bookkeeper would enter it, Then Wray
would draw forged check for near
the amount Of the deposit and take
the money. Hixton, when the check
reached hins would destroy it.
But would not this discrepancy have
been discovered by aa examination Of
the counter boek?' asked Judge Young
of Treasurer Gleffer
Counter Book Not Examined.
eve never considered it necessary
to examine the counter book" admit
ted Gleffer.
When we saw SO many oppertuni-
ties slipping away from u.s. said
Wray, when he continued his story,
1--WE started to work this system, ex-
pecting that we would be able to put
the money back again without its be-
ing missed. First we took $500 and
lost it. 1t was so easy to get the mon
ey that we continued to play. The
money was simply burned up. We
don't know just how much we took,
but it was about $250,000 and probably
more. OF that sum the bucket shops
got nine-tenths.
Lost $4,000 In One, Deal.
1--WE got half an hour for lunch, but
instead of eating we visited the bucket
shops. There we received tips from
the proprietors and gave our orders. 1t
was like pouring money In rat hole
We took as high as $4,000 IN a day
On one transaction alone and with one
brolzer we lost $4,000"
According ta detectives who worked
on the case, the losses of the Union
Trust company will amount to $500, 1000
by the peeuIations of the, two employ
ees. At no time has the company given
the exact amount. In statement that
they issued after the robbery they said
1t amounted to about $125.00O On the
witness st8pd Treasurer Glefer ad-
mitted that it was beyond that figure.
Wray said that 1t amounted to about
$250,000, but the detectives assert that
they have proof that the real amount
was nearer 100000.