The news-democrat. (Providence, R.I.) 1906-1909, 1907-12-18

the bank would remain closed pending an
examination of it's affairs. Bank Examn-
ers Alfred Ever and Harry i. Currier
made an investigation.
The following notice was posted on the
doors:
.s...s...s.-....''.s..'s.. ..'..'.'.''.--'...'
This bank will not open for busi-.
ness today. pending an examination
of its affairs. per order of the.
board of directors
.......................... OBSERVATION-DISCLOSURES.
Bank Examiners Ever and Currier ar
rived early today and at once began their
investigation, being assisted in their work
by the hank officials.
Medical Examiner G. 8. Holden denied
today that he had given the cause of the
death of Mr. Sargent as accidental
drowning as reported last night but sim
ply as drowning" Further than this he
declined TO discuss the case.
As most OF the manufacturing jewelers.
I'm North Attleboro and in Attleboro have
been doing business with the jewelers.
National bank, IL is anticipated that
there will be some difficulty In making
up the payrolls of the several factories
il the bank remains closed. Today Is the
regular pay day at two of these fac
tories.
BODY DISCOVERED.
The discovery OF his death was made by
Mrs Sargent. who, with her sister Miss
Ethel Morgan, had been In Providence
during the day on shopping tour. The
two women returned home at 619 last
evening Mrs. Sargent went to the bath
room and was nearly overcome when she
found her husband lying beneath the
water in the tub. Her screams brought
her sister, as well as DIR. Willis l.. Hale.
who has apartments In the same building
and the physician found that Mr.. Sar-
gent had been dead for some time. He
ascribed death to accidental drowning, as
did Medical Examiner Charles S. Holden
OF Attleboro. who was summoned by DR..
Hale
An informal meeting of several or the
banks directors was held in the banks
offices Immediately and the directors got
into communication with Albert III. Wig
gin of New York, president of the insti-
tuition, and also president OF the Chase
National bank. A call was issued
for "A meeting OF all the directors in the
bank this morning at 1890 o'clock, TO be
attended by State National Bank Exam
liner Harry r. Currier OF Maiden. who
made a regular examination OF the bank $
books yesterday at the same time that a
regular meeting OF the banks directors
was being held.
The Chase National bank OF New York
jewelers. National, and as Mr.. Wiggin
lives in that city. Mr.. Sargent had charge
OF the North Attleboro institution.
PERFORMED USUAL DUTIES
Mr.. Sargent performed his usual duties
at the bank yesterday, assisting I'm the
regular auditing OF the bank and the di-
rectors' meeting, and at that time
Sargent appeared 10 be In his customary
good health, although of late he Is said
to have been troubled with digestive Ills.
When the institution closed for the day
Mr.. Sargent went into his living apart
ments on the same floor as the banks
quarters, on the second floor OF the
His wife. Mrs. Marian Morgan Sargent
formerly of Auburndale. Mass, TO whom
he was married about three years ago.
came TO Providence with her sister to do
her Christmas shopping.
Mr.. Sargent was a native OF Canada, y.
IL where his parents still live He was
horn on May q, 1870, and In early man.
hood went TO Boston, where he was con-
nected with the State Steel Trust COM
many and the Commonwealth Trust COM
many In March, 1892. he became the cash
Ter OF the First National bank OF North
Attleboro When the bank was reorgan-
lied a short time ago as the jewelers.
National bank he was chosen vice presi-
dent OF the institution, continuing as
cashier as we'll
lie was also director OF the Roger
Williams Insurance company OF Provi-
dence and OF the firm OF Miller. Fuller a.
Whiting. manufacturing jewelers. OF North
AttleborO.
According 10 the last statement OF tho
hank. Il had a capital OF sfoocco; surplus
and undivided profits OF s0.&o: deposits
Of 1859, 10, and loans and discounts Of
s9i7.7eo
SURPRISE IN BOSTON
BOSTON. Dec is--At the National Shaw
NUT hank. which is tho correspondent IN
this city of the jewelers. National bank,